JOB DESCRIPTION
Summary/Objective
The Property Preservation Specialist is responsible for ensuring the properties are inspected and preserved in accordance with all state, federal and investor guidelines for the FNMA, FHLMC, VA, FHA and USDA properties and will perform quality assurance for the ESPL preservation team members.
Essential Functions
- Processing incoming Property Preservation Mail
- Working with Investors, internal departments, local municipalities , vendors to preserve Asset
- Utilize various internal reports to identify loan status and update internal systems and vendor website as needed i.e. cancellation of open orders on closed loans, updating BSI systems of record with status, updating various internal reports.
- Ensure property inspections are completed in accordance with state, federal, and agency guidelines.
- Ensure order results are being uploaded into the system in a timely & accurate manner.
- Ensure that quality of completed services complies with Property Preservation scope of work
- Review and recommend services within Investor guideline to preserve property and to avoid escalations or Code Violations
- Communicate with investors for approval of needed preservation work and/or registration needed.
- Gather additional documents for registration purposes.
- Identify potential loss/litigation to reduce expenses and mitigate losses of registrations.
- Cancellation of inspection, preservation work and deregister properties on loans that have been transferred, closed or delinquency status changes.
- Resolution of 100% of the Code Violation by working with vendors.
- Performs 100% QC on Vacant or Damaged property inspections and on all preservation work to ensure scope of work ordered was completed accurately.
- Follow-up with vendors on late orders and reassigning as necessary.
- Verification through QC of completed service that fee is in compliant with Fee Matrix or approvals for over allowable services.
- Responsible for meeting legal requirements and following internal policies
Competencies/Skills
- Client Focus
- Problem Solving/Analysis
- Teamwork Orientation
- Ability to work within and meet deadlines in a high volume environment
- Requires extreme attention to detail and ability to adhere to strict guidelines and procedures.
- Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices.
- Excellent oral communication skills, including ability to effectively communicate with internal staff and external clients
- Resourcefulness
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines. Ability to sit for long periods of time is essential.
Position Type and Expected Hours of Work
This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m.
Education and Experience
- Knowledge of basic computer software programs to include Windows, Microsoft Word and Excel, Internet and Microsoft Outlook
- Mortgage industry or banking experience, preferred (Bankruptcy, Foreclosure, Default)
- Knowledge of Property Preservation, preferred
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
What’s in it for you?
- Competitive compensation and full benefits package include medical, dental, and vision.
- 100% company-paid life insurance and disability coverage!
- 401K with company matching!
- 17 days PTO (increases with tenure) and 9 company paid holidays!
- Professional but fun, casual work environment and great team culture!
About BSI Financial
Founded in 1986, we provide financial services that support our vision of enabling sustainable home ownership by practicing core values that embody doing what is right; emphasizing problem solving; delivering on expectations and winning with humility. Our clients include lenders and investors who make home financing possible.
BSI Financial was ranked multiple times in the SMU Dallas 100 list of the fastest growing
companies in North Texas and was twice named to the Inc. 5000 list of the fastest growing U.S
EEO Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.