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Foreclosure Specialist - Virtual Career Event 7/8/2020

City: O'Fallon
State/Territory: US-MO


Who is Cenlar?


You are.


Employee-owners have made Cenlar one of the nation’s largest mortgage subservicers. We have achieved success by empowering people with company ownership, real programs that provide avenues for advancement, and a great atmosphere that makes everyone look forward to the workday. Get your share of our success by considering the opportunity to join our team as a Foreclosure Technician II.



  • Monitor activities of all foreclosure cases assigned, from time loan is referred to attorney for foreclosure proceedings until property is in conveyance order, with the exception of loss mitigation actions; ensure compliance with all foreclosure guidelines and requirements as set forth by government agencies, PMI companies and private investors.

  • Maintain and monitor caseload by updating systems.

  • Monitor files and attorney progress against foreclosure timelines; escalate aged files with attorney firms and other internal departments to ensure adherence to GSE/investor timelines.

  • Review documents prepared by attorneys for accuracy and prepare for management execution.

  • Complete reports in foreclosure system, including holds reports to determine if holds on accounts are valid and issues reports to resolve items raised by attorney firms and other internal Default departments.

  • Prepare detailed timeline, at minimum every 25 days, for each loan in portfolio.

  • Complete the affidavit and pre-sales checklist.

  • Prepare pre-sale certifications.

  • Monitor tax and homeowner association (HOA) liens.

  • Prepare state reporting and various state-specific notices.

  • Prepare weekly reports for clients.

  • Attend weekly phone conferences for clients.

  • Work on various exception reports.

  • Assist with or handle more complex portfolios.

  • Assist Team Leads and mentor/train other Foreclosure Technicians.

  • Other duties as assigned.



  • High school diploma

  • Previous foreclosure knowledge, paralegal certification or college degree

  • Knowledge of FHA, VA, PMI and GSE rules and regulations

  • Knowledge of Black Knight systems, LoanSphere FC and Director

  • Good math skills

  • Good written and verbal communication skills


Total Rewards:

Cenlar FSB offers outstanding benefits which may include paid medical/dental/life insurance, 401k, employee ownership, tuition assistance, a supportive work environment, and genuine opportunities for advancement. Cenlar is a Drug Free Workplace and an Equal Employment Opportunity/Affirmative Action Employer -- M/F/D/V/SO.


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