Job Description
Job Description
If you are looking to join a growing team in a niche industry that offers career growth, market leading compensation, internal training programs, apply to Triad Financial Services, today! We offer strong benefits packages, including 401K w/corp matching, 3 weeks PTO, 7 federal holidays, tuition reimbursement, training, bonus eligibility and more. This opportunity is an in-house position in our Corporate Headquarters in Jacksonville, FL.
Compensation Range: $48,000+/annually
As a part of our team, you'll enjoy:
- 3 weeks PTO
- 401k w/ corporate matching
- Health/Dental/Vision benefits that start day 1
- Tuition Reimbursement
- Spot Bonus programs, Employee Engagement platform & more!
Essential Functions:
The Foreclosure Coordinator is responsible for managing delinquent loans through the Foreclosure process while maintaining compliance and quality standards. Monitor and audit individual REO transactions to ensure compliance with investor standards, review and approve list/sales prices, review and approve repair bids/invoices, reconcile sales proceeds, review contracts/HUD’s/Deed for accuracy and liaison between vendors.
Essential Duties:
The Foreclosure Coordinator is responsible for servicing mortgage accounts to ensure that foreclosure activities are processed in compliance with all state and federal laws while maintaining compliance with Investor, Insurer, Agency and company guidelines. This includes the following:
- Preparing and submitting Foreclosure referrals to foreclosure counsel on eligible delinquent loans.
- Knowledgeable in agency, investor or insurer timelines and documents requirements for judicial and non-judicial foreclosures.
- Receives, reviews, and sights exceptions to counsel on all legal documents as it relates to the foreclosure action.
- Manages various inquiries/problems relative to the execution of foreclosure documents.
- Reports on attorney performance regarding response time to issues/problems and/or revision of legal documents.
- Diligently follows up on all outstanding requests and telephone calls from internal and external partners.
- Manages reports geared to drive workflow.
- Manages exception reporting used as key controls for minimizing risk.
- Knowledgeable in company, investor or insurer timelines and documents requirements for judicial and non-judicial foreclosures.
- Monitors Foreclosure documents, identifying trends or risks associated with the portfolio.
- Notify management of all potential high risk matters that pose a risk to the company or investor.
- Follow departmental and business policies with strict adherence.
- Prioritize allocated work to ensure timely and accurate resolution to both external and internal partners.
- Actively reviews and pursues all loss mitigation alternatives in all appropriate customer circumstances and forward any potential customers to the appropriate Loss Mitigation Department for consideration.
Education and Experience we would like you to have:
- 2+ years of Foreclosure or Bankruptcy experience.
- Ability to build rapport quickly to convert inquiries into proper transfers to departments/agents for resolution.
- Ability to multitask and effectively manage time.
- Ability to communicate effectively, both verbally and written.
- Desire to take personal responsibility to complete tasks and solve problems.
- Bachelors or relevant experience in the field.
- Excellent organizational skills.
- Ability to remain professional even under strenuous situations.
- Intermediate in Microsoft Office programs (Word, Excel, PowerPoint)
- MSP or FICS’ Mortgage Servicer a plus