Foreclosure Specialist
Mortgage Center - Southfield, MI
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Foreclosure Specialist Mortgage Center Southfield, MI (Hybrid) Do you enjoy using your negotiation skills to mitigate risk for your employer? In the Foreclosure Specialist role, you'll be: Monitoring redemption expiration, requesting marking instructions from Investor, and obtaining possession of properties. Sending vendor/agent requests for property preservation and necessary repairs as well as monitoring and liquidating REO properties. Balancing all inspections on foreclosure expense ledger before reconciling and determining if expenses should be terminated due to status of file. Filing reimbursement claims to recover foreclosure fees and costs. Managing non-retention workouts by managing pipeline of short-sale and deed-in-lieu of foreclosure requests and reviewing accounts, preparing submissions to investors and PMI companies for terms and conditions of approval. Processing loans through the full bankruptcy process. You'll have the opportunity to: Share best practices and experiences to improve processes and increase productivity. Assists counselors in preventing and reducing delinquency through effective communication with members. Effectively communicates with foreclosure attorneys, investors, and credit unions to determine liquidation strategies. Solve problems by using your analytical and organizational skills to predict and resolve issues. Collaborate with direct members of a team, as well as others within the organization. You'll have: Extensive knowledge of: foreclosure process, out of state foreclosure proceedings, FNMA/FHLMC required foreclosure guidelines, 571 claims, PMI claims, HUD, REO, and investor guidelines. Knowledge of all Fannie Mae/Freddie Mac and private mortgage insurance requirements. Ability to work independently and effectively in a fast-paced, highly regulated, and deadline-driven environment. Superb follow up skills. Who We Are We are Mortgage Center and a CUSO Credit Union Service Organization. We are owned by and originate mortgages for credit unions, as well as for ourselves. You may not know it, but the mortgage industry is a fun, fast-paced, dynamic place to work. If the opportunity to work with teams of other high performers, to do exhilarating work, sounds like the place you want to be, then Mortgage Center is looking for you. Growth Opportunities We are always on the hunt for smart people who are ready to revolutionize the mortgage CUSO industry! If you are ambitious, bring new ideas, and create exceptional results, you will find opportunities to be rewarded. Mortgage Center always has room for one more smart, talented person. Our Advice Click on the button and apply. Don't wait. If you are worried about your qualifications, don't be. We hire smart and talented people for all kinds of roles because smart and talented people are, well, smart. They figure stuff out. Fast. You can do this.
Created: 2026-03-05