Agency Foreclosure Specialist - BSI Financial Services

Agency Foreclosure Specialist @ BSI Financial Services

Join BSI Financial Services as an Agency Foreclosure Specialist! The Foreclosure Specialist is responsible for monitoring, oversight, and administration of agency mortgage loans in the foreclosure process.

What will you do?

• Complete pre-foreclosure and post-foreclosure reviews to ensure referrals adhere to all guidelines
• Manage foreclosure loan pipeline to support the timely processing of all foreclosure related activities
• Management and oversight of Foreclosure attorneys to ensure foreclosure milestones are completed on-time, invoices are accurate and received timely, bidding instructions are accurate, aging foreclosures have a plan for resolution, and other activities as required

• Daily review to ensure foreclosure holds are only placed in accordance with agency and regulatory guidelines and removed timely

Aggressively follow-up and high touches, at minimum weekly, to ensure files are moving without delays
• Identify opportunities to decrease foreclosure timelines, minimize foreclosure losses, and improve borrower retention where able to
• Maintain a working knowledge of foreclosure investor and regulatory laws and requirements
• Timely response and follow-up to all requests from internal and external contacts.
• Review of legal documents/affidavits prepared by counsel for accuracy before execution
• Clearing out and working queues assigned daily

Ensure compliance with all company, investor, and regulatory requirements
• Responsible for meeting legal requirements and following internal policies.

Perform other duties as assigned by management

What we're looking for:

• Proficient with PC and related software such as Excel, Word
• 5+ years of experience in the mortgage foreclosure industry
• Familiar with standard concepts, practices, and procedures for foreclosure processing to ensure that BSI always complies
• Knowledge of handling foreclosures from the date of the default through a foreclosure sale
• Knowledge of HUD First Legal Deadline calculation and extension process
• Ability to multi-task & prioritize effectively and efficiently
• Organizational skills and ability to handle confidential material
• Highly effective interpersonal, oral, and written communication skills
• Ability to work well in a team environment or individually
• Understanding of mortgage terminology, risk, and compliance
• Ability to work well in a high-pressure, fast-paced environment
• Identify Issues and create resolutions quickly
• Ability to research extensively
• Problem Solving/Analysis
• Excellent computer skills
• Client Focus

Position Type and Expected Hours of Work:

This is a full-time hybrid position. Days of work are Monday through Friday.

What’s in it for you?

• Competitive compensation and full benefits package include medical, dental, and vision.
• 100% company-paid life insurance and disability coverage!
• 401K with company matching!
• 17 days PTO (increases with tenure) and 9 company paid holidays!
• Professional but fun, casual work environment and great team culture!

About BSI Financial

Founded in 1986, we provide financial services that support our vision of enabling sustainable home ownership by practicing core values that embody doing what is right; emphasizing problem solving; delivering on expectations and winning with humility. Our clients include lenders and investors who make home financing possible.

BSI Financial was ranked multiple times in the SMU Dallas 100 list of the fastest growing
companies in North Texas and was twice named to the Inc. 5000 list of the fastest growing U.S

EEO Statement

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.