Foreclosure Transaction Specialist I
Rocket Companies
Lewisville, TX, USA
USD 53k-85,500 / year
Hybrid role - Work in office Tuesday and Wednesday at Lewisville location. Must be local to DFW, Tx to be considered.
As the Foreclosure Transaction Specialist I, you will report to the Manager of REO and will be responsible for managing and coordinating all duties and tasks within a portfolio of assets for clients through Auction/REO/Foreclosure/Short Sale services.
About the role
Foreclosure Portfolio Management
- Manage and coordinate all foreclosure-related tasks within an assigned portfolio of assets
- Oversee the disposition process of properties through auction, REO, foreclosure, and short sale services
- Track and monitor property statuses throughout the pre-foreclosure and foreclosure phases to ensure timely execution
- Work with internal teams and external vendors to facilitate smooth foreclosure sales and transactions
Client and Stakeholder Coordination
- Act as a liaison between clients, servicers, asset managers, attorneys, and investors regarding foreclosure transactions
- Provide clients with updates on foreclosure timelines, auction schedules, and asset performance
- Collaborate with internal departments, including legal, compliance, and auction teams, to align foreclosure strategies with client needs
Auction and Sales Process Support
- Assist in coordinating foreclosure auction events to ensure successful property sales
- Work with auction teams to optimize pricing strategies, reserve settings, and marketing efforts
- Review and process offers, contracts, and closing documents to ensure compliance with client and regulatory requirements
Regulatory and Compliance Oversight
- Ensure all foreclosure transactions adhere to state and federal laws, investor guidelines, and industry regulations
- Stay informed on foreclosure laws, timelines, and market trends that may impact asset disposition
- Work closely with legal and compliance teams to address any regulatory challenges or risks
Performance Tracking and Reporting
- Maintain accurate records of foreclosure transactions, auction outcomes, and portfolio performance
- Track and analyze key performance indicators (KPIs) related to foreclosure sales and liquidation rates
- Provide reports and insights to leadership and clients on market conditions, trends, and process improvements
About you
- Bachelor's Degree preferred or experience equivalent
- Minimum of 2 years of related professional level work experience or equivalent combination of education and related work experience
- Strong verbal and written communication skills
- Ability to multitask, prioritize, and manage time effectively in a fast-paced environment
- Strong problem-solving skills and attention to detail
- Work typically requires the consistent exercise of discretion and independent judgment and decision making authority on daily work assignments
- Demonstrated ability to work autonomously to perform required work assignments
- Proficiency with MS Office with particular emphasis on MS Word, Excel and PowerPoint
- Accurate reporting with introduction to data analytics
What you’ll get
Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back. Check out our full list of Benefits and Perks.
About us
We are Xome, a subsidiary of Rocket, and a leading innovator in the real estate industry, committed to transforming the way people buy and sell homes. Our company headquarters is in Lewisville, Texas. We leverage cutting-edge technology to streamline the real estate process, making it more transparent, efficient, and user-friendly. Our platform connects buyers and sellers directly, offering comprehensive property data, seamless real estate auction transaction capabilities, and expert support to ensure a smooth experience from start to finish. Now, you might be wondering; how exactly do you pronounce Xome? Simple. ZOM (like home, if it started with a z)!
This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the company at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. The company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws. Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, at Careers@Rocket.com.
The compensation information below is provided in compliance with all applicable job posting disclosure requirements. The compensation for this position is $53,000.00 - $85,500.00. The position may also be eligible for an annual bonus, incentives, and other employment-related benefits including, but not limited to, medical, dental, and vision benefits, 401K retirement plan, and paid-time off. More information regarding these benefits and others can be found here. The information regarding compensation and other benefits included in this paragraph is the company’s current, good faith estimate at the time of posting. [Compensation and benefits are subject to modification from time to time as the Company, in its sole and exclusive discretion, deems appropriate.] The Company may determine during its future reviews of the proposed compensation and benefits provided for this position, that the compensation and benefits for such position should be reduced. In no event will the Company reduce the compensation for the position to a level below the applicable jurisdictional minimum wage rate for the position. Los Angeles County and San Francisco Candidates only: qualified applicants with arrest or conviction records will be considered for employment per the Fair Chance Ordinance and the Fair Chance Initiative for Hiring.