Foreclosure Specialist II- First Legal Team in New York at Jobgether
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Job Description
This position is listed on behalf of a partner company, who manages all applications and next steps. Our partner is looking for a Foreclosure Specialist II – First Legal Team based in the United States.
This role supports the management and resolution of foreclosure matters across a complex, nationwide mortgage servicing portfolio.
You will work closely with attorneys, governmental agencies, investors, insurers, and internal business teams to keep foreclosure activities accurate, compliant, and on schedule.
The position requires strong knowledge of foreclosure regulations, mortgage documentation, servicing requirements, and judicial and non-judicial processes.
You will play an important role in identifying issues, mitigating risk, and ensuring appropriate actions are taken within established authority.
The environment is fast-paced and highly deadline-driven, requiring sound judgment, organization, and exceptional attention to detail.
You will also provide reporting, coordinate with outside counsel, and help ensure portfolio activity aligns with applicable federal, state, agency, and investor requirements.
This is an opportunity to build deeper expertise in mortgage servicing while contributing to processes that directly support homeowners, clients, and investors.
- Work with governmental agencies, special servicing clients, private-label clients, and investors to resolve foreclosure issues, mitigate risk, and minimize potential losses beyond delegated authority.
- Provide timely status updates and reporting to management while ensuring foreclosure activities comply with applicable agency, investor, and insurer requirements.
- Support internal business units by responding to questions and providing guidance on foreclosure loans within established authority.
- Manage communications with foreclosure attorneys through LoanSphere and monitor the activity of multiple outside counsel accounts.
- Ensure foreclosure portfolios receive prompt and appropriate maintenance, follow-up, and required actions.
- Monitor attorney firms to ensure required notices and letters are issued in accordance with applicable servicing handbooks.
- Maintain current knowledge of federal and state regulations, agency requirements, investor and insurer timelines, and documentation standards governing judicial and non-judicial foreclosures.
- Accurately calculate foreclosure sale bids and provide bidding instructions to attorney firms for nationwide foreclosure sales.
- Apply established procedures, standards, and techniques while exercising sound judgment and maintaining accuracy in accordance with company and federal compliance requirements.
- Execute policies and procedures under management direction and recommend improvements or changes when operational needs or regulatory developments warrant them.
- Review and interpret mortgage and legal documentation, applying relevant terms and conditions to day-to-day foreclosure processes.
- Represent the organization professionally when participating in legal proceedings or other formal interactions, as required.
- Perform additional duties and support other foreclosure-related activities as assigned.
- High school diploma or equivalent required; some college education or an equivalent combination of relevant experience, knowledge, and skills is preferred.
- At least 2 years of foreclosure, mortgage default, or closely related mortgage servicing experience, with direct foreclosure experience preferred.
- Working knowledge of mortgage banking and regulations including RESPA, FDCPA, GLBA, OCC, CFPB, SCRA, and applicable federal and state foreclosure and bankruptcy requirements.
- Familiarity with mortgage loan documentation, foreclosure processing best practices, default and foreclosure laws, and applicable FNMA, FHLMC, FHA, and VA guidelines.
- Experience monitoring multiple accounts handled by outside counsel and coordinating attorney activity.
- Strong ability to understand legal terminology, contractual conditions, and regulatory requirements and translate them into accurate operational actions.
- Excellent verbal, written, and interpersonal communication skills, with the ability to work effectively with internal and external stakeholders.
- Advanced organizational and multitasking skills, combined with exceptional attention to detail and the ability to manage competing deadlines.
- Ability to work independently with minimal supervision while taking direction effectively from senior paralegals, attorneys, and management.
- Strong judgment and problem-solving skills, particularly when working in high-volume, multifaceted, and time-sensitive environments.
- Proficiency with personal computers, internet-based research, Microsoft Office applications including Word, Excel, and Access, as well as MSP and LoanSphere.
- Ability to prioritize workload and maintain productivity in a fast-paced remote work environment, including occasional early, late, weekend, or overtime hours when business needs require.
- Previous title work experience is preferred.
- Trial and deposition training or experience is beneficial.
- Notary Public commission is beneficial but not required.
- Must be able to work from a quiet, private home environment with reliable high-speed internet, including minimum network speeds of 25 Mbps download and 10 Mbps upload.
- Hourly compensation range of $17.88–$26.73, with actual pay determined by qualifications, skills, experience, and other relevant factors.
- Optional medical, dental, vision, life, and disability insurance.
- Paid holidays, vacation, and sick leave.
- Matching 401(k) retirement plan.
- Employee stock purchase plan.
- Mental health and wellness resources, including free Calm memberships.
- Employee recognition programs celebrating achievements and milestones.
- Discounts on gym memberships, pet insurance, and employee purchasing programs.
- Tuition reimbursement to support continued education and professional development.
- Remote work flexibility with company-provided equipment.
- Opportunities for career growth, learning, and meaningful impact within the mortgage servicing industry.
- Supportive, collaborative work culture focused on employee development and long-term career growth.
- Equal employment opportunity and a workplace committed to inclusion and respect.