Foreclosure Specialty Representative ll - On site

Job Description

Job Description

Foreclosure Specialty Representative II - Cash & Quotes Team - On site

Full time; Nonexempt; 40 hours/week; Overtime as required.

Location; Lake Zurich, IL, US

Department: Foreclosure

Dovenmuehle Mortgage, Inc. (“Dovenmuehle”) is the leading mortgage subservicing firm in the United States with several hundred financial institution clients nationwide.

General Description:

Monitors and expedites the handling of foreclosure processes on assigned loans within the guidelines of FHA, VA, PMI, Fannie Mae, Freddie Mac, private investors, and state laws. Reports to Supervisor.

Essential Functions and Duties:

• Partner with foreclosure attorneys to ensure loans/files are worked timely, accurately, and in accordance with applicable guidelines.

• May handle a higher volume of files and escalated issues than junior staff.

• Ensure all actions to take a loan to foreclosure are within the appropriate investor’s and required guidelines and timeframes. This includes, but is not limited to, filing of first action, service, judgement, foreclosure sales, and notifying investors.

• Prepare bidding instruction figures for all loan types.

• Process the sale on all loan types.

• Timely and accurately update reports for Freddie Mac DFRI, Fannie Mae Laser, and HUD SFDMS.

• Process invoices, verifying amounts are within established guidelines, and payments remitted timely.

• Keep foreclosure screens accurately updated.

• Train and mentor junior staff.

• Actively participate in identifying process improvement opportunities within the department.

• Successfully complete annual regulatory compliance training.

• Additional duties as assigned.

Team specific duties and Tasks - Cash and Quotes Team

• On site 5 days per week
• Daily Cash runs - Providing critical live checks and documents to multiple areas of DMI
• Scanning clerical records of cash documents
• Handling tasks and letter orders relating to Foreclosure Cash Returns

Required Qualifications:

• Bachelor’s degree or equivalent combination of education and experience.

• Solid PC skills: Proficient with Microsoft applications and loan servicing platforms.

• Strong analytical and problem-solving skills and attention to detail.

• Ability to handle complex, multiple tasks simultaneously in a fast-paced environment.

• Effective verbal and written communication skills with demonstrated ability to always interact in a positive and professional manner with all levels of both internal and external audiences.

• 1+ years Mortgage, Foreclosure or Loan experience.

Preferred/Other Qualifications:

• Paralegal certificate/experience.

• Experience with MSP.

Benefits:

• Medical, Dental, Vision, Wellness, Flexible Spending Account, and Employee Assistance Program and more.

• Employer paid Life Insurance, Short Term Disability, and Long-Term Disability.

• 401 (K) Plan with company match

• Paid Vacation, Sick, Personal and Holidays

Physical Demands and Work Environment:

The employee must be comfortable in either an on-site office setting, or a quiet, designated work from home space that is free from distractions and noise. The employee is regularly required to communicate (give/receive) information through multiple methods of communication with clear understanding from others. Must be able to exchange accurate information in these situations.

The employee must be able to remain in a stationary position and/or move about the organization or remote office. The employee is frequently required to stand or walk (or otherwise move through the organization); sit; use hands to type, write, handle, or feel and reach. May occasionally climb or balance; stoop, kneel, or crouch; or lift and/or move up to 25 lbs. Employees may be required to type and utilize a computer for long periods of time.

The employee may be required to frequently operate a standard variety of office equipment including computers, calculators, copy machines, computer printers and phones. The noise level, if working on-site, is usually moderate and typical of an office environment.

In accordance with applicable disability laws, Dovenmuehle works with applicants and employees to make reasonable accommodations to the job or work environment when doing so will enable an employee with a qualified disability to satisfactorily perform the essential functions of the job.