Foreclosure Specialist III

Job Description

Job Description

Job Profile

Job Title : Foreclosure Specialist III

Location : Getzville, NY

Hire Type : Direct Hire

Pay Range : $25

Work Model : Hybrid

Recruiter Contact : Kyle Muldoon kmuldoon@imaginestaffing.net (716) 256-1284

Nature & Scope : Positional Overview

Join our client’s team as a Foreclosure Specialist and make a meaningful impact in the banking industry! This direct hire role offers a unique opportunity to apply your expertise in managing foreclosure processes while ensuring compliance with regulatory guidelines. You’ll work in a collaborative environment that values precision, diligence, and proactive problem-solving. With a strong focus on professional development and career growth, this position offers competitive compensation, excellent benefits, and the chance to contribute to a dynamic team committed to excellence. Take the next step in your career—apply today!

Role & Responsibility :

Tasks That Will Lead To Your Success

• Monitor progress of foreclosures through queues and reporting, ensuring team is effectively working their portfolios and compliance with state / federal and investor guidelines. Work with foreclosure attorney, outside counsel and / or in house counsel to resolve disputes involving property in which the bank or its investors have an interest.
• Serve as primary escalation contact for both associates on the team, attorneys and other departments.
• Work with Foreclosure team to ensure FHA 1st legal deadlines are met once the loan is referred to foreclosure, including filing and tracking of any necessary extension requests.
• Research, validate and update loans appearing on various foreclosure exception reports, including but not limited to No Dual Track, clean up and investor timeline reports.
• Provide approval of additional attorney fees beyond associate level approval limit. Maintain tracking and reporting of legal expense on litigation files outside of the foreclosure action.
• Perform QC review and approval of investor bidding instructions, ensuring adherence to investor / MI guidelines.
• Conduct regular ‘side by sides’ with team to discuss loan level issues and procedures. Conduct a review of all assigned loans at a minimum of every 30 days, including the updating of documentation and follow up.
• Ensure compliance with federal, state, regulatory and investor guidelines regarding foreclosure.
• Work with management to revise, update and implement procedure changes as well as create new procedures. Gather departmental information and assemble presentations for regular investor, regulatory and internal meetings.
• Adhere to applicable compliance / operational risk controls in accordance with Company or regulatory standards and policies.
• Maintain internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Promote an environment that supports diversity and reflects the brand.
• Complete other related duties as assigned.

Skills & Experience

Qualifications That Will Help You Thrive

Education Experience Preferred :

Salary : $25