Legal Specialist - Foreclosure (Hybrid - Cleveland, OH)
Third Federal Career, Cleveland, OH, United States
Role Summary
We are seeking an experienced Legal Specialist with a focus on foreclosures to join our Default Services team here at Third Federal. The Default Department’s goal is to keep our borrowers in their home. In this role, the Legal Specialist will be responsible for managing the foreclosure process for delinquent loans while providing excellent customer service and protecting the financial interests of Third Federal. The role will involve working in a collaborative, team environment and supporting the Default Servicing Managers.
Responsibilities Exemplify and promote Third Federal’s values and culture of Love (Genuine Concern for Others), Trust, Respect, Commitment to Excellence and Fun
Interact with outside legal counsel to support the foreclosure and bankruptcy process
Prepare bidding instructions and guidance for collateral sales
Prepare reinstatement and payoff figures and letters
Promote knowledge sharing and work on process improvement initiatives
Requirements 5+ years of mortgage lending default experience
Experience in mortgage loss mitigation
Detailed understanding of FNMA servicing guidelines
Experience working with legal counsel to support foreclosure and other legal matters
Ability to navigate situations, make decisions and understand Customer and Associate impact
Ability to prioritize work and maintain productivity under deadlines
Excellent communication and interpersonal/customer service skills; including the ability to communicate clearly and effectively with both internal and external customers
Attention to detail with effective research and analytical skills
Demonstrate the ability to work within a team environment
Third Federal Perks & Benefits Competitive compensation packages
Medical, dental, vision, and more
401k match
11 Bank Holidays + vacation/sick time
Stock Ownership Allocation
Exceptional culture and value system
Strong work/life balance
Growth opportunities
Mortgage Discount Program
Education Reimbursement Program
Our anticipated pay range for this position is $23.00 - $31.00. At Third Federal, we’re committed to transparency throughout the hiring process. The pay range listed is based on relevant market data, role responsibilities, and skills required for the position. Individual pay will be thoughtfully determined by a candidate’s qualifications, experience, and other relevant factors.
Third Federal is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, national origin, gender identification or sexual orientation, disability, protected veteran status or any other classification protected under law.
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Responsibilities Exemplify and promote Third Federal’s values and culture of Love (Genuine Concern for Others), Trust, Respect, Commitment to Excellence and Fun
Interact with outside legal counsel to support the foreclosure and bankruptcy process
Prepare bidding instructions and guidance for collateral sales
Prepare reinstatement and payoff figures and letters
Promote knowledge sharing and work on process improvement initiatives
Requirements 5+ years of mortgage lending default experience
Experience in mortgage loss mitigation
Detailed understanding of FNMA servicing guidelines
Experience working with legal counsel to support foreclosure and other legal matters
Ability to navigate situations, make decisions and understand Customer and Associate impact
Ability to prioritize work and maintain productivity under deadlines
Excellent communication and interpersonal/customer service skills; including the ability to communicate clearly and effectively with both internal and external customers
Attention to detail with effective research and analytical skills
Demonstrate the ability to work within a team environment
Third Federal Perks & Benefits Competitive compensation packages
Medical, dental, vision, and more
401k match
11 Bank Holidays + vacation/sick time
Stock Ownership Allocation
Exceptional culture and value system
Strong work/life balance
Growth opportunities
Mortgage Discount Program
Education Reimbursement Program
Our anticipated pay range for this position is $23.00 - $31.00. At Third Federal, we’re committed to transparency throughout the hiring process. The pay range listed is based on relevant market data, role responsibilities, and skills required for the position. Individual pay will be thoughtfully determined by a candidate’s qualifications, experience, and other relevant factors.
Third Federal is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, national origin, gender identification or sexual orientation, disability, protected veteran status or any other classification protected under law.
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