Foreclosure Specialist Jobs in Maryland
A Foreclosure Specialist is a key professional in the banking industry who oversees the foreclosure process. They manage and process foreclosure cases, coordinate with legal teams and other involved parties, conduct property appraisals, and communicate with clients to resolve delinquent accounts. Their main goal is to minimize loss for the bank by ensuring all foreclosure procedures are complied with, including legal requirements and internal policies. Foreclosure Specialists may also play a crucial role in loss mitigation, trying to work out agreements between borrowers and the bank to avoid foreclosures.
Essential skills for a Foreclosure Specialist include strong knowledge of foreclosure laws and real estate procedures, high attention to detail, excellent communication, and negotiation abilities. These professionals should be certified in foreclosure or have a related qualification like a degree in Business or Finance. Prior to becoming a Foreclosure Specialist, an individual may have roles such as Loan Processor, Loss Mitigation Specialist, or Real Estate Paralegal, all of which provide relevant experience and knowledge in real estate, law, and financial processes.
Contested Litigation Foreclosure Analyst
- Owings Mills, MD
- 30+ days ago
- Owings Mills, MD
- 30+ days ago
Carrington Contested Litigation Foreclosure Analyst in Owings Mills , Maryland Come join our amazing team and work remote from home! The Contested- Litigation Foreclosure Analyst is responsible...
Job Type Full-time Description Lafayette Federal Credit Union has earned the 2024 Top Workplaces award from USA Today! Welcome to Lafayette Federal Credit Union Careers! Our organization is...
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Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Maryland
Highest Education Level
Foreclosure Specialists in Maryland offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Foreclosure Specialist position
- File Management
- Claims
- Federal National Morgage Association
- Mortgage Lending
- Lending
- FHLMC
- Fannie Mae
- BSA
- Federal Housing Administration
- Mortgage Processing
- Loan Servicing
- USDA
- Mortgage Servicing
- Underwriting
- Financial Statements
- Internal Control
- Appraisal
- Taxes
- Loss Prevention
- Notary Public
- Resolution
- Real Estate
- Vendor Management
- Referrals
- Collections
- High School Diploma
- Retail
- Negotiation
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Reporting
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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