[Remote] Default Referral Analyst I
Note: The job is a remote job and is open to candidates in USA. Brock & Scott, PLLC is a law firm specializing in default services. The Default Referral Analyst I will review, analyze, and process accounts in active bankruptcy or potential foreclosure, ensuring compliance with regulatory guidelines and assisting in the overall management of default services.
Responsibilities
• Responsible for ensuring compliance with directives, both verbal and electronic, from regulatory agencies, CFPB, GSE’s, investors and insurers for Default Services functional work groups
• Review daily reports to ensure investor and Freedom Mortgage guidelines are met timely with respect to breach letters, foreclosure hold statuses, etc to prevent fines & reduce errors found during investor audits
• Analyze & manage FCL and BKR timeline performance to ensure that no more than 10% of monthly case- load is past standard to eliminate monetary penalties up to $100.00 per day for each day past standard
• Create and send referral packages to Foreclosure or Bankruptcy counsel based on investor, insurer and Freedom Mortgage guidelines
• Ensure that all cases in which Freedom Mortgage has exposure are escalated to management & In-house legal
• Prepare and file Proofs of Claim, Notices of Payment Change, Reaffirmation Agreements, and other bankruptcy related documents
• Work closely with other default personnel (collections, loss mitigation, and REO) to ensure a seamless transition for loan accounts which move from one area of responsibility to another, for cross training purposes, and to assist other areas due to changes in workload and staffing
• Review collateral/partial lien releases & gather all necessary information (valuation, proposed compensation, & parcel legal descriptions, etc.) for release of collateral, analyze the proposal for its economic impact on the beneficiary of the loan & make recommendation to management
• Follow up on all Foreclosure and Bankruptcy required actions monthly to ensure investor guidelines and monthly status requirements are met to prevent fines & reduce errors found during investor audits
• Review of various current reports and assistance with identification of new reports, including ensuring department SLAs are met
• Establish and foster a work culture at all levels within the operation which is positive, collaborative, respectful, optimistic, and capable of driving long term operational sustainability
• Prepare files for internal and external audits including miscellaneous research, filing and mailing
Skills
• Minimum 2 years' work experience
• Experience in high volume transaction processing
• Proficient in Microsoft Office Suite
• High attention to detail
• Excellent organizational skills, including work prioritization and multi-tasking
• Excellent research skills and the ability to work in multiple systems and with multiple departments to solve problems
• Knowledge of client/lender systems
• Experience in a law firm is preferred
Company Overview
• BROCK & SCOTT, PLLC is a full service law firm with extensive experience serving the financial sector. It was founded in 1998, and is headquartered in Winston Salem, North Carolina, USA, with a workforce of 501-1000 employees. Its website is https://www.brockandscott.com/.
Apply tot his job
Apply To this Job