Note: The job is a remote job and is open to candidates in USA. Valon is transforming mortgage servicing and consumer direct lending with a technology-first approach. The Default Analyst - Foreclosure will be responsible for monitoring foreclosure cases and ensuring accuracy and compliance with federal and state requirements while collaborating with support groups to achieve optimal outcomes.
Responsibilities
• Maintain, review, follow up, and ensure timely and accurate completion of all regularly scheduled steps, including outstanding/late steps, within the foreclosure tracking template on a daily basis
• Obtain approval for and properly manage any outstanding or upcoming events/tasks, including, but not limited to, completing steps within deadlines and ensuring the accuracy of dates entered
• Communicate with assigned attorneys/trustees via vendor tracking software regarding delays and/or pending inquiries
• Utilize all applicable tools available to effectively manage the pipeline, system of record, and vendor tracking software
• Ensures all attorney fees/costs and foreclosure costs are within Investor, Fannie Mae, Freddie Mac, FHA, VA, or USDA allowable fee schedules
• Properly maintain the system of record and/or vendor tracking software to ensure proper notification/reporting to investors, clients, borrowers, state, and/or federal/government agencies during foreclosure
• Review future and upcoming sales, no less than five days prior to the scheduling of the sale, to ensure all requirements are met
• Dispose of and complete foreclosure sales and follow up on sale proceeds within respective judicial or non-judicial proceedings
• Process all instructions for posting of funds within SLAs, ensuring timely and accurate instructions if/when funds or proceeds are received
• Other duties as assigned
Skills
• 5+ years of end-to-end foreclosure experience in the mortgage/banking space
• Keen understanding of the foreclosure process and the differences between judicial and non-judicial proceedings
• Full understanding of GSE (FNMA/FHLMC) and Government (GNMA) FHA/VA regulations/guidelines
• Strong communication skills, proficiency in the use of computers and software, attention to detail, persistence, and prioritizing
• The ability to multitask and follow mortgage-servicing guidelines accurately is imperative
• Minimum education requirement: High school diploma or GED equivalent required
Benefits
• Competitive salary and 401 (k) plan
• Comprehensive medical, dental, & vision benefits
• In-office snacks and drinks, and Bagel Fridays
• Pre-tax deductions for public transportation, rideshare services, and parking expenses
• Company-wide orientation for you to successfully onboard and other learning & development opportunities, including regular review cycles that feature 360-degree feedback
• 17 days paid time off, sick days, and 11 company holidays
• 12 weeks off for both birthing and non-birthing parents - fully paid
Company Overview
• Valon: the AI-native operating system for mortgage servicing. Building a better foundation for the American Dream. It was founded in 2019, and is headquartered in New York, New York, USA, with a workforce of 201-500 employees. Its website is https://www.valon.com.