loanDepot · 2 weeks ago
Foreclosure Specialist
Plano, TX
Full-time
Hybrid
Mid Level
$21.15/hr - $29.09/hr
3+ years exploanDepot is a digital commerce company committed to serving its customers throughout the home ownership journey. The Foreclosure Specialist is responsible for managing the foreclosure process from initiation through completion, ensuring compliance with various guidelines and maintaining communication with all relevant business units.
BankingFinanceFinancial ServicesMortgageReal Estate
Responsibilities
Monitors and resolves foreclosure matters with vendors to complete foreclosure timely
Administers foreclosure notification process
Researches and responds to investor and regulatory audit requests
Conducts oversight of Outsource Asset Management vendors by using effective measurement of metrics
Maintains communication with all business units, most notably: Loss Mitigation, Default Services, General Counsel, attorneys and vendors
Monitors changes in statutory, regulatory, investor and insurer guidelines and requirements
Provides timely recognition and review of items that must be escalated to legal and proper departments; researches and resolves global and loan level issues
Monitors monthly, weekly and daily exception reports to ensure accuracy of production
Strives to achieve the highest net recovery possible by minimizing the expense of management, insuring effective timeline management
Responds to vendor intercoms
Qualification
Required
3+ years' experience in loan administration and mortgage servicing within Foreclosure departments required
Expert knowledge working within Federal and State regulations related to mortgage servicing and investor guidelines including FNMA, FHLMC, GNMA, VA, FHA and USDA
Proficient knowledge of servicing practices and cash processing, including payments and corporate advances
Tech savvy utilizing Microsoft Office applications including, but not limited to: Word, Excel, PowerPoint and Outlook
Excellent research skills to ensure proper interpretation and understanding of statutes and guidelines
High School Degree or equivalent required; Bachelor's degree preferred
Hybrid role: requires working at least 2 days per week on site at Plano, TX office
Preferred
Minimum of 1 year experience and shown proficiency in Black Knight Financial Services (MSP/BKFS) and LoanSphere systems highly preferred
Benefits
Comprehensive benefits package including Medical/Dental/Vision
Wellness program to support both mental and physical health
Extensive internal growth and professional development opportunities including tuition reimbursement
Company
loanDepot
loanDepot is an independent retail mortgage lender that provides residential loans, refinance loans, and personal loan products nationwide.
1001-5000 employees
H1B Sponsorship
loanDepot has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (14)
2024 (7)
2023 (20)
2022 (49)
2021 (39)
2020 (23)
Funding
Current Stage
Public CompanyTotal Funding
$831.95MKey Investors
Parthenon Capital Partners
2025-08-19Post Ipo Debt· $150M
2025-06-02Post Ipo Debt· $200M
2024-09-30Post Ipo Debt· $300M
Leadership Team
David Smith
VP of National VA Lending
Jeffrey Wilkish
Regional Vice President
Recent News
2026-01-11
2026-01-11
Company data provided by crunchbase