Foreclosure Supervisor

New American Funding
Austin, TX
Foreclosure Supervisor Location Austin, TX : Overview: Position : Foreclosure Supervisor Location : Remote OK - (Required to work Hybrid if living within 31 miles of Austin, TX) Salary range $50k to $80k depending on experience Position Summary : The Foreclosure Supervisor is responsible for the day-to-day activities of a team of Foreclosure Analysts. The Supervisor provides development, direction, and guidance to all team members to accomplish department objectives. The Supervisor is responsible for establishing and enforcing policies and procedures to ensure compliance with company, investor, federal and state regulatory guidelines and servicing guidelines established by the CFPB governing loans in Foreclosure. Responsibilities:
  • Supervises daily operations of Foreclosure Associates, ensuring compliance with department policies and procedures, applicable government and investor guidelines and ensuring that borrower inquiries, disputes and complaints are handled within specified timelines and CFPB Guidelines;
  • Coordinates work activities to achieve the volume expected to meet operational requirements;
  • Provides support to the team for questions and training;
  • Ensure staff are knowledgeable of Foreclosure requirements
  • Monitor Foreclosure sale dates are met and Foreclosure bid amounts are correct;
  • Works with senior management to ensure all compliance standards are met;
  • Works with employees to define goals and meet monthly to discuss progress;
  • Performs employee reviews;
  • Develops, reviews, maintains and improves Foreclosure workflow management;
  • Completes status reporting to senior management;
  • Works with senior management to identify, define and implement process changes;
  • Assures all Foreclosure SLA's are met;
  • Updates and maintains policies and procedures
  • Performs oversight of all Foreclosure vendors;
  • Responsible for the alignment, supervision, hiring, mentoring, and coaching of the Foreclosure staff
  • Completes audit requests from internal auditors, QA or QC personnel;
  • Fully complies with all applicable mortgage industry laws, rules, regulations and investor requirements and CFPB Servicing Guidelines.
  • Ensure all breach letters are mailed timely and in compliance with state and investor requirements.
  • Oversee FC referral activity to facilitate timely and accurate referrals are completed.
Qualifications: Desired Education/Experience :
  • Bachelor's Degree or combination of education and experience that provides the necessary skills and knowledge to perform the essential job functions;
  • The ideal candidate should have (4+) years' experience in Foreclosure;
  • Minimum (2) years of supervisory experience
  • Ability to work a schedule that includes some weekends;
  • Has knowledge of commonly used terminology, concepts and practices and procedures within the mortgage industry;
  • Knowledge of MSP, with at least (2) years recent experience working with MSP;
  • Bilingual (English/Spanish) a plus.
Other Duties: This job may require frequent sitting or standing for long periods of time. This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned in order to meet the needs of the organization. Work Authorization: Must be able to verify identity and employment eligibility to work in the U.S. [EOE/M/F/D/V. Drug-free workplace.] Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Must be able to lift up to ten pounds. Primary functions require sufficient physical ability and mobility to work in an office setting; to stand or sit for prolonged periods of time; to occasionally stoop, bend, kneel, crouch, reach, and twist; to lift, carry, push, and/or pull light to moderate amounts of weight; to operate office equipment requiring repetitive hand movement and fine coordination including use of a keyboard; and to verbally communicate to exchange information. VISION: See in the normal visual range with or without correction. HEARING: Hear in the normal audio range with or without correction. #LI-AM1 #LI-REMOTE
Posted 2025-09-24

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