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Default Servicing Processor

Meriden, CT 06450

Posted: 05/24/2023 Employment Type: Contract Industry: Professional Services Job Number: 7333 Pay Rate: 21.00

Job Description

Wheeler Staffing Partners is seeking a Default Servicing Processor in Meriden, CT. The Default Servicing Processor supports the foreclosure, bankruptcy, claims, and property preservation departments in their principal responsibilities including but not limited to all default mail distribution, pre-foreclosure notices and demands, doc execution, payoffs, property evaluations, and cash processing. This is on ONSITE position, Monday-Friday.  Apply today to be considered for this great opportunity! 

Default Servicing Processor Responsibilities: 
  • Receives and reviews incoming mail for proper handling and distribution.
  • Reviews and submits all manual invoices for cash processing.
  • Prepares and submits requests on payee headers for approval to the department manager/supervisor in a timely manner.
  • Ensures processing of pre-foreclosure notices, manual demands, and handling state requirements.
  • Manages foreclosure doc execution and collaterals docs sent to the assigned foreclosure firms.
  • Completes associated process rails within the foreclosure management system
  • Handles incoming payoff requests obtaining final fees and costs for all default areas to ensure state compliance with payoff quotes.     
  • Reviews and responds to default cash processing, corporate advance re-classing, cash movements, cash adjustments, and liquidations.   
  • Maintains compliance with non-obligors’ system updates and year end 1099 default workstation completion
  • Assists with property evaluations and appraisal requests. Facilitates all orders through timely completion.
  • Performs other duties as assigned
Default Servicing Processor Requirements:
  • Minimum of 1 years in mortgage loan processing experience
  • Knowledge of mortgage banking practices and procedures including familiarity with FHMLC, FNMA, VA, FHA and GNMA guidelines, timeframes.
  • Working knowledge of Default Servicing procedures preferred
  • Courteous, tactful and assertive interpersonal skills
  • Negotiation skills
  • Data entry skills
  • Effective verbal and written communication skills
  • Strong attention to detail
  • Ability to multi-task and manage time effectively
  • Must be flexible, organized and have the ability to manage multiple priorities and meet strict deadlines in a fast- paced work environment
  • Ability to problem-solve effectively
  • Proficiency in Microsoft Office products including Excel, Word, Outlook.
  • LPS servicing system experience preferred

WSP specializes in filling your company’s contract, contract-to-hire, direct hire, contingency, and executive positions with professional candidates. From our Executive Retained Search Teams, Direct Hire and Contract Staffing Professionals, and RPO Service offerings we create models to deliver a world-class service, with a sense of urgency and professionalism. Our connections and our candidates combined with a staff backed by over 20 years of experience, ensure that our clients are seeing the right candidates for their career openings.

WSP is committed to creating a diverse environment and is proud to be an equal opportunity employer.

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About Meriden, CT

Ready to take the next step in your career? Explore exciting job opportunities in and around Meriden, Connecticut! Nestled in the heart of the picturesque New England landscape, Meriden offers a perfect blend of small-town charm and big-city amenities. From the stunning views at Hubbard Park to the vibrant arts scene at the Silver City Gallery, there's something for everyone here. With easy access to cultural attractions like the Goodspeed Opera House and the Yale University Art Gallery, as well as being just a stone's throw away from the vibrant nightlife in nearby New Haven and Hartford, Meriden is a hub of opportunity and growth. Join us in discovering all that this enchanting region has to offer, both personally and professionally.