Fay Servicing is quickly becoming one of the country’s most dynamic new companies in the financial services world. We continue to create innovative new solutions for the mortgage banking industry with a specific focus on loan portfolio management, loan origination, servicing, and related niches. We’re currently seeking the best and brightest minds that possess superior analytical and communication skills to join our teams across the country.
•A Property Preservation Specialist performs various and moderately complex support functions to ensure proper servicing, accounting, inspection, preservation and maintenance of mortgage loan properties in various stages of delinquency. Follows established guidelines and ensures properties are maintained and protected.
•Coordinates, orders and monitors property inspections; verifies condition, occupancy and status on vacant properties.
•Monitors daily, weekly and monthly results and transactions from property inspection vendor.
•Initiates, reviews and approves estimates on work orders and repairs.
•Coordinates maintenance, rehab and repair work with vendors to protect/secure vacant properties.
•Coordinates insurance claims with Loan Administration department for properties with reported damages.
•Makes appropriate and timely decisions to mitigate loss and control expenses throughout the loan servicing process. Researches and responds to moderately complex inquiries from customers, staff, other departments, investors and vendors via phone, letter or email.
•Manage the relationship with the vendor.
•General knowledge of mortgage loan documentation and terminology as well as the foreclosure and REO process.
•Knowledge of preservation policies procedures and related laws.
•Above average knowledge of LPS MSP and Microsoft Office.
•Prefer knowledge of LPS Desktop and Invoice Management.
•Desirable qualities: self-motivator, organized, works well with others, excellent communications skills, detail-oriented.
•Property Preservation experience, college degree or some college preferred.
Fay Servicing provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information or any other characteristic protected under applicable state or local law. Fay Servicing complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, background check, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Fay Servicing expressly prohibits any form of workplace harassment.
