Foreclosure Specialist II

Overview

A partner organization is seeking a Foreclosure Specialist II based in the United States. This role is responsible for managing and advancing mortgage foreclosure cases from referral through completion, ensuring compliance with investor guidelines and regulatory requirements.

Responsibilities

• Manage the full foreclosure lifecycle across assigned mortgage loan portfolios, monitoring progression from referral through post-foreclosure.
• Identify issues, holds, and required actions to ensure timely completion of foreclosure cases.
• Coordinate with foreclosure attorneys to resolve delays, contested matters, and title issues.
• Provide regular status updates to investors and assist in preparing documentation for audits and regulatory requests.
• Generate and maintain operational reports, including scorecards, exception tracking, and workflow monitoring.
• Ensure compliance with investor deadlines, including FHA and VA foreclosure and eviction timelines.
• Review documentation, prepare bidding instructions, and support foreclosure sale execution per investor guidelines.
• Perform equity analysis and assist in determining potential charge-offs when applicable.
• Process invoices, payment requests, and supporting documentation for foreclosure-related expenses.
• Manage legal mail distribution, email queues, and internal workflow coordination to mitigate risk exposure.
• Support quality control processes, compliance controls, and internal audit readiness activities.

Requirements

• Minimum 1 year of experience in default servicing or related fields such as collections, REO, or loss mitigation; 3 years preferred.
• Combination of education and professional experience totaling at least 3 years in a relevant field.
• Familiarity with mortgage products, foreclosure processes, and basic legal documentation review.
• Strong attention to detail with the ability to manage multiple deadlines and compliance requirements.
• Excellent written and verbal communication skills for interaction with attorneys, investors, and internal teams.
• Proficiency in Microsoft Word, Excel, and related office tools.
• Strong analytical and problem-solving skills with a structured and organized working style.
• Ability to work effectively in a team environment with a proactive and positive attitude.
• Preferred: experience with bank systems, foreclosure litigation processes, or home equity lending products.

Compensation & Benefits

• Competitive hourly wage ranging from $20.55 to $34.25 USD, based on experience and location.
• Exposure to a structured and regulated financial services environment.
• Opportunities to collaborate with legal, investor, and internal risk management teams.
• Career development opportunities within mortgage servicing and default operations.
• Comprehensive compliance and operational training.
• Standard corporate benefits may include healthcare coverage, retirement savings options, and paid time off, subject to eligibility.

Location

• United States-based position.