PENNYMAC · 16 hours ago
Default Specialist II
Pennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Default Specialist II is responsible for managing and reporting on financial aspects of assigned portfolios, working with various vendors to administer complex foreclosure cases, and providing support for legal inquiries and litigation matters.
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
Lead title and vesting process, including collateral issues, and work with vendors and custodians as necessary
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
Required
High School Diploma / GED
3+ years of relevant work experience
Thorough knowledge of loan servicing, foreclosure, bankruptcy, REO, legal and title
Must be highly proficient in Excel and Word
Preferred
Financial Services and, if possible, mortgage industry experience
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.
H1B Sponsorship
PENNYMAC 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 (48)
2024 (42)
2023 (33)
2022 (44)
2021 (65)
2020 (34)
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
MarketScreener
2025-12-20
2025-12-16
2025-11-06
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