Job Description
General Responsibilities:
The Foreclosure Oversight Specialist I is responsible for the day-to-day work between Longbridge Financial and its subservicer and vendors ensuring the subservicer is operating in a manner that is consistent with LBFs legal and regulatory obligations, contractual requirements, and performance expectations.
Primary Job Duties:
- Handle the oversight of loans in Due and Payable and Foreclosure status.
- Review reports and work queues to manage HUD curtailment timelines.
- Escalate and work to resolve issues to the subservicer and attorneys to avoid controllable curtailment delays.
- Accurately depict responsible party for missed servicing milestones.
- Documents all servicing activities, actions taken, delays, follow ups and phone conversations.
- Analyze subservicers requests for documents.