This job has expired, please see additional jobs below
Foreclosure Specialist
Fidelity Southern Corporation
Atlanta, GA, United States
Job Details - this job has expired, please see similar jobs below
Job Details
Description
The Fidelity Bank Promise: To be the Number One Community Bank with the Best Customer Service in Town. Fidelity Bank is a full service bank with over 60 bank branches throughout metro Atlanta and Florida, in addition to Wealth Management, SBA, Commercial, Indirect Automobile Financing, Construction Lending, and Mortgage Offices throughout the Southeast. We are looking for “Lions” to join Fidelity’s mission and “Roar” into action!
Rated the Top New Home Lender in Atlanta for 2015 by Metro Study, Fidelity Bank Mortgage is a direct lender with in-house processing, underwriting and closing, which results in quicker loan decisions and the ability to provide exceptional customer service.
Fidelity Bank is seeking a Foreclosure Specialist to work directly with government insurers and Governmental Sponsored Enterprises (GSEs) while making decisions and providing resolutions regarding foreclosure issues in order to minimize risks and mitigate loss within the scope of their delegated authority. They will also ensure the Foreclosure Process is completed accurately in adherence to mandatory state and investor timelines by acting as a liaison between Fidelity Bank Mortgage and outside counsel.
Essential Duties and Responsibilities:
• Manage standard FCL cases including FNMA, GNMA (FHA,VA,USDA) & Bank-owned loans by actively monitoring each case and working closely with the assigned law firm responsible for the matter.
• Provide management with status updates and prepare a variety of complex reports to ensure compliance with all agency, investor and insurer guidelines.
• Follow up on all foreclosure actions daily/monthly to ensure investor guidelines are met.
• Execution of various related documents required during the foreclosure process.
• Ensure accounts are properly documented with actions taken, correspondence, and explanation of controllable vs non-controllable delays.
• Move aged accounts to foreclosure sale, addressing low value properties timely, high balance reviews, prepare equity analysis with detail and accuracy, meeting timelines on each foreclosure file while closely monitoring attorneys and the overall quality performed on all daily job tasks.
• Ensure the property has a clear & marketable title at the end of the foreclosure process by reviewing the title search to confirm all required liens will be foreclosed out.
• Examine foreclosure- related expenses to ensure they are within investor guidelines including contested/litigation.
• Prepare bidding instructions for all sales in compliance with investor, insurer guidelines.
• Ensure the accurate & timely referral to Bankruptcy & Post sale areas by immediately referring the case to the appropriate area upon notification of bankruptcy filing or once the sale is held.
• Report all FCL sale results within 24 hours of sale as required to the investor/insurers.
• Coordinate with Property Preservation department to secure & maintain vacant properties.
• Update databases to ensure information is accurate, complete, and accessible. Maintain records and files. Perform periodic analyses and review of data. Investigate questionable items.
• Develop a strong working relationship with network of attorney offices engaged in managing the foreclosure process.
• Timely processing of activities & alerts to ensure foreclosure timeline is met.
• Minimize losses through management of attorney to ensure foreclosure process is consistently progressing.
• Maintain attorney communication via phone and email.
Disclaimer: The above information describes the general nature and level of work performed by employees in this position. It is not intended to be a comprehensive inventory of all duties, responsibilities and qualifications of employees so classified.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.