PENNYMAC · 1 week ago
Spec II, Foreclosure
Pennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Foreclosure Specialist II will manage various aspects of the foreclosure process, mentor junior staff, and ensure compliance with legal and regulatory requirements.
BankingFinanceFinancial ServicesLendingMortgage
Responsibilities
Foreclosure Case Management: You will manage a caseload of foreclosure accounts, which includes reviewing loan documentation, tracking critical deadlines, and ensuring compliance with company policies and investor guidelines. This role involves handling more complex cases and resolving escalated issues
Document Preparation: You will oversee the preparation and execution of essential legal documents, such as filings and deeds for judicial foreclosures, ensuring accuracy and compliance with all legal and regulatory requirements
Stakeholder Communication: You will communicate and collaborate with external parties, including attorneys, property preservation vendors, and other service providers. This role requires a high level of professional communication and negotiation skills
Compliance and Accuracy: You will ensure that all foreclosure actions are accurate, timely, and compliant with federal, state, and investor requirements. You will be a resource for ensuring adherence to best practices and regulatory changes
Financial Calculations: You will manage the calculation of financial figures, such as judgment figures and bid amounts, and analyze financial data to determine the best course of action
Process Management: You will identify opportunities for process improvements and contribute to the development of departmental policies and procedures
Mentorship and Guidance: You will provide guidance and mentorship to Entry-Level Foreclosure Specialists, supporting their professional development and ensuring team efficiency
Special Projects: You will participate in and/or lead special projects related to foreclosure processes, compliance, or system enhancements
Qualification
Required
A high school diploma or equivalent
A minimum of two years of experience as a Foreclosure Specialist or two years in a related field
In-depth knowledge of federal, state, and investor requirements related to foreclosure
Proven ability to manage complex foreclosure cases and resolve escalated issues
Excellent written and verbal communication skills, with the ability to interact effectively with internal and external stakeholders
Strong analytical and problem-solving skills. Exceptional attention to detail and a commitment to accuracy
Proficiency in relevant software and systems, including Microsoft Office Suite
Ability to work independently and as part of a team. Strong leadership skills and a willingness to mentor junior staff
Preferred
Bachelor's degree
Benefits
Comprehensive Medical, Dental, and Vision
Paid Time Off Programs including vacation, holidays, illness, and parental leave
Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
Retirement benefits, life insurance, 401k match, and tuition reimbursement
Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
Company
PENNYMAC
Pennymac is a home loan lending company that offers financial services.
Funding
Current Stage
Public CompanyTotal Funding
$2.33B2025-12-11Post Ipo Debt· $75M
2025-08-07Post Ipo Debt· $650M
2024-05-20Post Ipo Debt· $850M
Leadership Team
Recent News
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2025-12-20
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2025-11-06
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