Freedom Mortgage Default Referral Analyst I in Fishers, Indiana

Freedom MortgageFreedom Mortgage Corporation is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to age, race, color, religion, gender, sexual orientation, national origin, or their status as a protected veteran or an individual with disabilities. Local applicants encouraged to apply. Employment contingent upon successful completion of background investigation. Smoke-free workplace. Drug-free work environment. Excellent benefits package including medical, dental, vision and 401(k). All resumes are held in confidence. Only candidates whose profiles closely match requirements will be contacted during this search. LENDER NMLS ID:2767Equal Opportunity Employer- Minorities/Females/Disabled/VeteransJob ID: 2747Location: Fishers, INFunctional Area: ServicingDepartment:Foreclosure and ReferralEmployment Type:Full TimeRelocation Provided: NoPosition Description:The Default Referral Analyst I will be responsible for reviewing, analyzing and processing an assigned portfolio of accounts identified as possible foreclosure referrals. Under the direction of the Default Referral Supervisor, the Default Referral Analyst will be responsible for the analysis of accounts to ensure the Foreclosure process is completed accurately in adherence to mandatory state and investor timeliness by actingasaliaisonbetweenthevariousareasindefaultandoutsidecounsel.Essential Job Functions:iResponsible for ensuring compliance with directives, both verbal and electronic, from regulatory agencies, CFPB, GSE's, investors and insurers for Default Services functional work groupsReview daily reports to ensure investor and Freedom Mortgage guidelines are met timely with respect to breach letters, foreclosure hold statuses, etc to prevent fines and reduce errors found during investor audits.Analyze and manage FCL 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 counsel based on investor, insurer and Freedom Mortgage guidelinesEnsure that all cases in which Freedom Mortgage has exposure are escalated to management and In-house legal.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 and gather all necessary information (valuation, proposed compensation, and parcel legal descriptions, etc.) for release of collateral, analyze the proposal for its economic impact on the beneficiary of the loan and make recommendation to management.Follow up on all Foreclosure required actions monthly to ensure investor guidelines and monthly status requirements are met to prevent fines and reduce errors found during investor audits.Review of various current reports and assistance with identification of new reports, including ensuring department SLAs are metEstablish 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 mailingOther Related Duties:Performs other related duties as assigned.Supervisory Responsibilities:This job has no supervisory responsibilities.To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.Education and/or Experience:College Degree or equivalent required; or One to T