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Dovenmuehle · 2 hours ago

Bankruptcy Representative ll Hybrid

Lake Zurich, IL

Full-time

Hybrid

Entry, Mid Level

1+ years exp

Dovenmuehle Mortgage, Inc. is the leading mortgage subservicing firm in the United States. The Bankruptcy Representative II oversees the handling of bankruptcy processes on assigned loans, ensuring compliance with regulations and managing bankruptcy files effectively.

Banking

Responsibilities

Monitor activity on bankruptcy files to protect the organization and client’s interest on loans impaired by bankruptcy filing

Monitor assigned loans to ensure all activities are handled within departmental and regulatory guidelines and timeframes

Ensure proof of claim is filed correctly and that an acceptable plan is entered into and approved within required guidelines

Process cash; pay attorney and vendor invoices

Research and respond to debtor and investor inquiries timely and accurately

Process file when a bankruptcy has been reinstated

Monitor all aspects of the outsourcing firm and report performance/issues to management

Coordinate with the outsourcing firm to ensure all information necessary to conduct the bankruptcy action is received

Monitor and maintain bankruptcy reports to ensure compliance with departmental and regulatory guidelines

Keep bankruptcy screens updated accurately and timely

Maintain and monitor special loans as assigned

Train and mentor junior staff

Successfully complete annual regulatory compliance training

Answer inbound bankruptcy calls according to procedures

Process pays by phones payments

Provide fax, email, and mailing address to the borrower, third parties when applicable

Transfer calls to bankruptcy processor, Team Lead or Supervisor when applicable

Review bankruptcy notifications and set up bankruptcy workstation in MSP where applicable

Upload required documents

Email firms and internal contacts to validate foreclosure sales

Review dockets, action issues

Perform data entry functions as defined by departmental processes and procedures

File GSE claims timely, confirming fees have been moved

Prepare 2130 forms and 2650 forms following through to completion

Qualification

Bankruptcy laws knowledgeLoan servicing platformsMicrosoft applicationsAnalytical skillsMulti-tasking abilityEffective communicationProblem-solving skillsAttention to detail

Required

High School or equivalent combination of education and experience

Solid PC skills include Microsoft applications and loan servicing platforms

Strong analytical and problem-solving skills and attention to detail

Ability to handle complex, multiple tasks simultaneously in a fast-paced environment

Effective verbal and written communication skills with demonstrated ability to always interact in a positive and professional manner with all levels of both internal and external audiences