Foreclosure Oversight Specialist

The Foreclosure Oversight Specialist is responsible for overseeing and managing all foreclosure-related activities from initial referral through foreclosure sale and any necessary post-sale actions. This role ensures that foreclosure processes are executed accurately, efficiently, and in full compliance with regulatory requirements and internal policies. The Foreclosure Oversight Specialist is accountable for maintaining key foreclosure timelines, proactively identifying and resolving process issues, and driving optimal performance from foreclosure attorneys and vendors. A critical focus of this position is to improve timeline adherence, closely monitor servicing system updates to ensure timely foreclosure holds are placed, as necessary. The Foreclosure Oversight Specialist is expected to adhere to established work rules, demonstrate strong attention to detail, and contribute to continuous process improvement efforts.

Responsibilities

• Manage the foreclosure process by collaborating with both internal departments and external vendors, including foreclosure attorneys.
• Monitor attorney performance to ensure adherence to established timelines, quality standards, and regulatory requirements.
• Track and manage foreclosure timelines from referral through sale and post-sale activities, escalating delays as necessary.
• Coordinate with the Loss Mitigation department to ensure timely and accurate placement and removal of loss mitigation holds.
• Utilize reports to drive daily workflow and support operational efficiency.
• Work exception reporting as key controls to identify, resolve, and prevent process gaps or compliance risks.
• Adhere strictly to departmental policies, procedures, and business rules.
• Prioritize assigned tasks effectively to ensure timely and accurate resolution of foreclosure activities.
• Demonstrate commitment to compliance by consistently meeting RoundPoint's key performance indicators (KPIs) 100% of the time.
  
  

Qualifications

Required:

• Minimum 3 Years Foreclosure Experience
• Director 7/MSP and LoanSphere Experience
• Knowledge of Microsoft programs such as Outlook, Excel, and Word
  
  

Desired

• 3 years mortgage servicing experience
• GSE and Government Experience
  
  

Physical Demands & Working Conditions

Duties

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:

• The employee is regularly required to talk or hear.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.
  
  

About RoundPoint Mortgage Servicing LLC

RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.

Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.

Location

• Coppell, TX
  
  

Employee Status

• Regular
  
  

Travel

• No
  
  

Telecommuter Position

• No