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United Wholesale Mortgage · 8 hours ago

Foreclosure Oversight Specialist

Pontiac, MI

Full-time

Onsite

Entry, Mid Level

2+ years exp

United Wholesale Mortgage is seeking a Foreclosure Oversight Specialist to monitor and manage the foreclosure process on defaulted mortgage loans. The role involves ensuring compliance with various regulations and acting as a liaison between internal teams and external partners to facilitate timely processing of foreclosure milestones.

FinanceFinancial ServicesMortgage

Responsibilities

Oversee and track all stages of the foreclosure process, ensuring timely completion of milestones in accordance with regulatory and investor guidelines

Collaborate with foreclosure attorneys and vendors to gather documentation, resolve issues, and expedite case progression

Review and approve foreclosure-related documents and correspondence, ensuring legal and procedural accuracy

Maintain accurate records and notes in servicing systems; document key actions and decisions

Ensure compliance with federal, state, and investor guidelines, including CFPB, Fannie Mae, Freddie Mac, FHA, VA, and USDA regulations

Identify and escalate potential risks, delays, or procedural issues in the foreclosure pipeline

Conduct audits and quality control reviews of active foreclosure files

Generate and analyze reports to monitor timelines, volumes, and performance metrics

Communicate effectively with borrowers, when applicable, regarding foreclosure status or resolution opportunities

Support internal and external audits by providing requested documentation and responding to inquiries

Participate in process improvement initiatives and cross-functional projects related to default servicing

Qualification

Foreclosure process knowledgeMortgage servicing experienceRegulatory compliance knowledgeMicrosoft Office SuiteOrganizational skillsPrioritization skillsForeclosure counselDefault servicingEffective communicationAttention to detail

Required

High school diploma or equivalent (Bachelor's degree preferred)

2+ years of experience in mortgage servicing, with direct exposure to foreclosure processes

Strong knowledge of foreclosure laws, timelines, and investor/insurer guidelines

Excellent organizational skills and attention to detail

Effective written and verbal communication skills

Ability to prioritize and manage a high-volume pipeline

Proficient in Microsoft Office Suite and mortgage servicing platforms (e.g., MSP, Black Knight, or similar)

Preferred

Experience working with national foreclosure counsel or law firms

Familiarity with regulatory requirements such as CFPB servicing rules and loss mitigation guidelines

Understanding of other areas of default servicing (bankruptcy, loss mitigation, REO) is a plus

Benefits

Paid Time Off (PTO) after just 30 days

Additional parental and maternity leave benefits after 12 months

Adoption reimbursement program

Paid volunteer hours

Paid training and career development

Medical, dental, vision and life insurance

401k with employer match

Mortgage discount and area business discounts

Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court

Wellness area, including an in-house primary-care physician’s office, full-time massage therapist and hair salon

Gourmet cafeteria featuring homemade breakfast and lunch

Convenience store featuring healthy grab-and-go snacks

In-house Starbucks and Dunkin

Indoor/outdoor café with Wi-Fi