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PENNYMAC · 2 weeks ago

Pre-Foreclosure Default Specialist II

Moorpark, CA

Full-time

Onsite

Mid Level

$38K/yr - $53K/yr

Pennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Pre-Foreclosure Default Specialist II is responsible for minimizing risk exposure by managing foreclosure cases, coordinating with various departments, and providing financial reporting to senior management.

BankingFinanceFinancial ServicesLendingMortgage

Responsibilities

Manage and report on financial and accounting aspects of assigned portfolio, including performance and profitability, timelines of disposition, overall characteristics, status and general reporting to senior management

Provide useful and timely feedback to the Manager about market conditions, problem areas, legislation and any conditions which may impact established goals

Interface and coordinate with other departments, including Home Retention, Capital Markets, REO, Bankruptcy, Appraisal, Accounting, Legal, and Collections

Provide support to local and outside to review and comment on court documents, assist in resolution of litigation matters and attorney inquiries, and consult with counsel on escalated borrower issues received by default management

Coordinate and attend deposition, mediation, and trial date appearances with counsel and senior department personnel

Perform other related duties as required and assigned

Demonstrate behaviors which are aligned with the organization’s desired culture and values

Qualification

Loan servicing knowledgeForeclosure expertiseBankruptcy knowledgeREO experienceLegalTitle knowledgeExcel proficiencyWord proficiencyRisk assessmentFinancial services experienceMortgage industry experience