Default Analyst - Foreclosure Job at Valon Mortgage

Job Description

The Default Analyst- Foreclosure role will be responsible for monitoring foreclosure cases relative to the accuracy and timeliness of residential mortgage loans within foreclosure, in accordance with applicable federal, state, and/or investor requirements. They will effectively collaborate and communicate with support groups within the default group to ensure optimal outcomes. Finally, this Senior Specialist should feel comfortable performing all duties in accordance with the company’s policies and procedures, investor requirements, and US state and federal laws and regulations.

Job Responsibility

Maintain, review, follow up, and ensure timely and accurate completion of all regularly scheduled steps, including outstanding/late steps, within the foreclosure tracking template on a daily basis.
Obtain approval for and properly manage any outstanding or upcoming events/tasks, including, but not limited to, completing steps within deadlines and ensuring the accuracy of dates entered.
Communicate with assigned attorneys/trustees via vendor tracking software regarding delays and/or pending inquiries.
Utilize all applicable tools available to effectively manage the pipeline, system of record, and vendor tracking software.
Ensures all attorney fees/costs and foreclosure costs are within Investor, Fannie Mae, Freddie Mac, FHA, VA, or USDA allowable fee schedules.
Properly maintain the system of record and/or vendor tracking software to ensure proper notification/reporting to investors, clients, borrowers, state, and/or federal/government agencies during foreclosure.
Review future and upcoming sales, no less than five days prior to the scheduling of the sale, to ensure all requirements are met.
Dispose of and complete foreclosure sales and follow up on sale proceeds within respective judicial or non-judicial proceedings.
Process all instructions for posting of funds within SLAs, ensuring timely and accurate instructions if/when funds or proceeds are received.
Other duties as assigned

Requirements

5+ years of end-to-end foreclosure experience in the mortgage/banking space
Keen understanding of the foreclosure process and the differences between judicial and non-judicial proceedings
Full understanding of GSE (FNMA/FHLMC) and Government (GNMA) FHA/VA regulations/guidelines
Strong communication skills, proficiency in the use of computers and software, attention to detail, persistence, and prioritizing
The ability to multitask and follow mortgage-servicing guidelines accurately is imperative.
Minimum education requirement: High school diploma or GED equivalent required

What we offer

competitive salary and 401 (k) plan
comprehensive medical, dental, & vision benefits
in-office snacks and drinks, and Bagel Fridays
pre-tax deductions for public transportation, rideshare services, and parking expenses
Company-wide orientation
other learning & development opportunities, including regular review cycles that feature 360-degree feedback
17 days paid time off, sick days, and 11 company holidays
12 weeks off for both birthing and non-birthing parents - fully paid

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Default Analyst - Foreclosure

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