Supervisor, Foreclosure – 12325-4761

This job was posted by https://www.azjobconnection.gov : For more
information, please see: https://www.azjobconnection.gov/jobs/6741062
The Supervisor, Foreclosure is responsible for overseeing the day to day
functions of the Foreclosure Specialist, who monitor loans throughout
the foreclosure, in order to prevent avoidable losses and exposure to
Cenlar. This role ensures compliance with all Investor, Insurer, Cenlar,
and Client guidelines and requirements. The Supervisor ensures Cenlar
goals are met regarding foreclosure timeframe compliance, 1st legal
timeframes and compliance, late foreclosure tracking steps, and
client/investor delay reporting.

Responsibilities:

– Reviews daily/weekly/monthly reporting on foreclosure cases to
ensure timely completion of tasks. Directs staff to ensure either
completion or proper rescheduling; ensures total late steps are
completed timely
– Reviews processing and ensures foreclosure timeframes and 1st legal
timeframes are met, prepares and distributes 1st legal and timeframe
report monthly
– Reviews processing and ensures escalated issues and foreclosure
delays are reported to clients, investors, and insurers within 24
hours
– Prepares and distributes monthly management and executive reports
– Prepares reports and participates in monthly self-assessment
– Monitors and controls foreclosure processing to ensure compliance
with investor, insurer, Cenlar and client time frames
– Reviews processing and ensures all attorney requests for
information/documents are completed within the required timeframe
required by the client/investors Ensures all corporate advances on
reinstated and paid off loans are cleared when funds are received
– Reviews processing to ensure bids are prepared in advance of sale
dates and sent to the attorney to guaranty sales held as scheduled
– Reviews processing and ensures all loans with sales held are
referred to the post sale department within 24 hours of the
foreclosure sale
– Responsible for keeping abreast of relevant changes to
investor/insurer guidelines, industry standards, and client
expectations
– Implements necessary training, procedures, monitoring and management
controls to comply with all changes related to foreclosure
processing for area of supervision
– Coaches and motivates staff to achieve performance standards, set
performance goals, and sees that the goals are achieved; develops
individual development plans or performance improvement plans as
necessary. Reviews and approves staff timecards on a weekly basis
and manages staff attendance and time off
– Participates in off-site due diligence reviews
– Attends Court hearings as needed
– Completes other duties and projects as assigned by management
– Appropriately assess risk when business decisions are made, include
but not limited to compliance and operational risk. Demonstrate
consideration for Cenlars reputation as well as our clients, by
driving compliance with applicable laws, rules and regulations,
adhering to Policy, applying sound ethical judgment regarding
personal behavior, conduct and business practices, and escalating,
managing and reporting control issues, as well as effectively
supervise the activity of others and create accountability with
those who fail to maintain these standards

Qualifications:

– Bachelors degree or equivalent work experience required
– 3-5 years foreclosure experience
– 2 years of supervisory experience
– Excellent communication skills; oral and written
– Thorough knowledge of FHA/VA; FNMA/FHLMC servicing guidelines and
requirements
– Familiar with foreclosure laws in a multi-state portfolio
– Detail oriented, ability to successfully manage multiple priorities,
and possess the ability to meet deadlines
– Strong an lytical skills
– Able to work in fast paced environment
– Working knowledge with PC word processing, spreadsheets and software
applications

It is critical that you have an understanding of the following:

– Requirements under the Real Estate Settlement Procedures Act
(RESPA), specifically general servicing standards and loss
mitigation practices.
– Requirements under the Service members Civil Relief Act (SCRA),
specifically protections for Service members.