CWCOT Specialist I
Rocket Companies
Vista, CA, USA
Hybrid role - Work in office Tuesday and Wednesday at Lewisville location. Must be local to DFW, TX to be considered.
As a CWCOT (Claims Without Conveyance of Title) Specialist I, you 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
CWCOT Portfolio Management
Oversee and coordinate all Claims Without Conveyance of Title (CWCOT) tasks within an assigned portfolio of assets
Manage properties through auction, REO, foreclosure, and short sale processes to ensure efficient liquidation
Monitor pre-foreclosure and post-foreclosure property statuses to maximize successful sales
Ensure timely execution of CWCOT sales strategies in alignment with client objectives
Client and Stakeholder Coordination
Act as the primary liaison for CWCOT clients, servicers, asset managers, and investors
Provide guidance on bidding thresholds, pricing strategies, and auction timelines to maximize asset performance
Collaborate with internal teams, including auction operations, compliance, and legal, to ensure smooth transactions
Auction and Sales Process Execution
Coordinate with auction teams to facilitate online and live property auctions for CWCOT assets
Ensure properties are marketed effectively to drive buyer interest and competitive bidding
Oversee offer reviews, contract negotiations, and closing procedures to ensure compliance with client and regulatory requirements
Regulatory and Compliance Oversight
Ensure all transactions comply with HUD, FHA, and investor regulations governing CWCOT properties
Stay updated on industry guidelines, foreclosure laws, and regulatory changes impacting CWCOT sales
Work closely with compliance teams to mitigate risk and resolve regulatory issues
Performance Analysis and Reporting
Track and analyze key performance metrics (KPIs) related to auction success rates, conversion rates, and client satisfaction
Generate reports and provide insights on portfolio performance, market trends, and process improvements
Identify opportunities to enhance efficiency and maximize CWCOT liquidation rates
About you
Bachelor’s Degree preferred
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
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.