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Newrez
TX, Houston; TX - Houston - 17000 Katy Freeway; AZ, Tempe
Source: Newrez careers · View original posting
From Newrez's posting. “We” and “our” refer to the employer.
Who We Are
At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.
Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.
POSITION SUMMARY
The Loss Mitigation Fulfillment Specialist I is responsible for maintaining timely processing for various administrative aspects of Loss Mitigation Fulfillment workflow to include production, intake and review of Modifications, Partial Claims, Deferments, and any other applicable Loss Mitigation documents.
Assists with underwriting, modification processing, and recordation of documents as required by various jurisdictions, processing pre-foreclosure evaluations, and providing a second look review for any denied workout and performing reviews for any in-flight workouts for transferred loans.
DESCRIPTION
Essential Functions, Duties, and Responsibilities
Timely intake and system documentation of Modification, Partial Claim and Deferment documents received.
Provide instruction to Cash department with specifics for booking Modifications, Partial Claims and Deferments and ensure all terms are correctly updated within the servicing system.
Perform pre-foreclosure reviews for qualifying accounts to ensure all reasonable efforts to avoid foreclosure have been met according to regulatory guidelines.
Produce Loss Mitigation Certification documents when required for Foreclosure actions to proceed.
Perform Pre-sale reviews prior to foreclosure sale and provide documentation thereof.
Send Modification documents to the appropriate jurisdiction for recording within required timeframes.
Send recorded collateral documents to document custodian once recorded within investor guidelines.
Perform review to ensure proper status for any in-flight transferred loan.
Ability to effectively and accurately convey information to others.
Performs related duties as assigned by management.
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