Full-Time

Default Loan Servicing Specialist

Posted on 12/6/2024

First American

First American

10,001+ employees

Provides title insurance and real estate services

Financial Services
Real Estate

Compensation Overview

$20.7 - $34.55Hourly

Mid, Senior

Remote in USA + 1 more

More locations: Fort Mill, SC, USA

Fort Mill, South Carolina requires in-office presence.

Category
Insurance
Finance & Banking
Required Skills
Data Analysis

You match the following First American's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • High School diploma or equivalent
  • 3+ years of directly related experience in Default Servicing or Service Transfers
  • Working knowledge of fundamental concepts, practices and procedures of department/field
  • Good verbal and written communication skills
  • Extreme attention to detail and ability to adhere to strict guidelines and procedures
  • Demonstrated experience in executing deliverables
  • Ability to analyze and map data
Responsibilities
  • Act as the point of contact for the default team for service transfers into and out of ServiceMac.
  • Coordinate with LOB's within the Default group to ensure the successful loan boarding of service transferred accounts.
  • Ensure LOBs complete necessary mapping, validating trial data and reviewing images from the prior servicer. This may include scheduling working sessions in order to track progress to ensure deliverables are met.
  • Monitor and update the default service transfer checklist including the tracking of ongoing issues and escalating to management as needed.
  • As needed request calls with prior servicer with appropriate ServiceMac lines of business.
  • Coordinate with Loss Mitigation vendors to ensure they are aware of loan boarding impacts including the mapping of loans correctly to workflow and updates to logos.
  • Closing monitor loans boarded during loan boarding trials within MSP and identify potential gaps, provide feedback on results and confidence level of mapping.
  • Act as the point of contact for service release projects including assisting in the completion of service release questionnaires, answer or direct loan level questions to appropriate party and validate out going pipeline status questions.
Desired Qualifications
  • Project Management skills preferred
  • GSE and Government experience preferred
  • MSP and LoanSphere experience preferred
  • Microsoft Outlook experience preferred

First American provides title insurance, specialty insurance, and various real estate-related services. Their title insurance protects homebuyers and property owners from potential ownership disputes and financial losses related to real estate transactions. The company offers a platform called myFirstAm®, which allows users to access property information, manage orders, and streamline the closing process from any device. Unlike many competitors, First American has a vast database of property data, with over 5.5 billion document images, which helps clients make informed decisions. The company's goal is to facilitate smooth real estate transactions while ensuring that clients' investments are protected.

Company Stage

N/A

Total Funding

$800.2M

Headquarters

Santa Ana, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Mother Lode expands First American's market share in California.
  • Docutech purchase boosts First American's digital mortgage revenue by 38%.
  • Growing fintech trends align with First American's digital transformation strategy.

What critics are saying

  • Data breach allegations could harm First American's reputation and lead to legal issues.
  • Integration of Mother Lode may face challenges and financial risks.
  • Dependence on digital transformation poses risks if technology advances rapidly.

What makes First American unique

  • First American offers comprehensive title insurance and settlement services nationwide.
  • The company provides a vast database of over 5.5 billion document images.
  • First American's digital platform, myFirstAm®, enhances real estate transaction efficiency.

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Benefits

401k matching

Health, vision, dental insurance

Professional development

INACTIVE