Brock & Scott, PLLC · 1 month ago
Default Referral Analyst I
United States
Full-time
Remote
Entry Level
2+ years expBrock & Scott, PLLC is a law firm specializing in default services. The Default Referral Analyst I will review, analyze, and process accounts in active bankruptcy or potential foreclosure, ensuring compliance with regulatory guidelines and assisting in the overall management of default services.
Financial ServicesLegal
Hiring Manager
Danielle Coleman Gurley
Responsibilities
Responsible for ensuring compliance with directives, both verbal and electronic, from regulatory agencies, CFPB, GSE’s, investors and insurers for Default Services functional work groups
Review daily reports to ensure investor and Freedom Mortgage guidelines are met timely with respect to breach letters, foreclosure hold statuses, etc to prevent fines & reduce errors found during investor audits
Analyze & manage FCL and BKR timeline performance to ensure that no more than 10% of monthly case- load is past standard to eliminate monetary penalties up to $100.00 per day for each day past standard
Create and send referral packages to Foreclosure or Bankruptcy counsel based on investor, insurer and Freedom Mortgage guidelines
Ensure that all cases in which Freedom Mortgage has exposure are escalated to management & In-house legal
Prepare and file Proofs of Claim, Notices of Payment Change, Reaffirmation Agreements, and other bankruptcy related documents
Work closely with other default personnel (collections, loss mitigation, and REO) to ensure a seamless transition for loan accounts which move from one area of responsibility to another, for cross training purposes, and to assist other areas due to changes in workload and staffing
Review collateral/partial lien releases & gather all necessary information (valuation, proposed compensation, & parcel legal descriptions, etc.) for release of collateral, analyze the proposal for its economic impact on the beneficiary of the loan & make recommendation to management
Follow up on all Foreclosure and Bankruptcy required actions monthly to ensure investor guidelines and monthly status requirements are met to prevent fines & reduce errors found during investor audits
Review of various current reports and assistance with identification of new reports, including ensuring department SLAs are met
Establish and foster a work culture at all levels within the operation which is positive, collaborative, respectful, optimistic, and capable of driving long term operational sustainability
Prepare files for internal and external audits including miscellaneous research, filing and mailing
Qualification
Required
Minimum 2 years' work experience
Experience in high volume transaction processing
Proficient in Microsoft Office Suite
High attention to detail
Excellent organizational skills, including work prioritization and multi-tasking
Excellent research skills and the ability to work in multiple systems and with multiple departments to solve problems
Knowledge of client/lender systems
Preferred
Experience in a law firm is preferred
Company
Brock & Scott, PLLC
BROCK & SCOTT, PLLC is a full service law firm with extensive experience serving the financial sector.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Andrew Spivack
Partner
Charles Long
Chief Operations Officer
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