Job Description

Longbridge is excited to be adding to our Houston Servicing team. We are currently recruiting for a REO ( Real Estate Owned ) Specialist. This role will be in our Houston office, Monday-Friday 7am-4pm CST.

The REO Specialist II is responsible for the day-to-day work between LBF and its sub-servicers and vendors ensuring the subservicer is operating in a manner that is consistent with LBF’s legal and regulatory obligations, contractual requirements, and performance expectations.

Primary Job Duties:

• Handle the oversight of loans in REO status.
• Review reports and work queues to manage HUD curtailment timelines.
• Work closely with subservicer and its vendor in oversight of REO timelines and marketing of properties to ensure compliance.
• Escalate issues to the subservicer and attorneys to avoid controllable delays.
• Accurately depict responsible party for missed servicing milestones.
• Documents all servicing activities, actions taken, delays, follow ups and phone conversations.
• Analyze and chase subservicers requests for documents.

Qualifications

• Highschool diploma or Equivalent
• 2-5 years Reverse Mortgage REO management required
• Understanding of the entire REO process
• Experience with BKFS, Tempo, ReverseServ, HERMIT, LRES
• Strong understanding of Microsoft Excel and Microsoft Teams

Additional Information

• Full benefits
• 401(k) with company match.
• Paid time off.
• Working in a growing and dynamic industry
• LBF is an EOE