Posted: Monday, August 7, 2017 10:10 PM
Areas of Interest:Mortgage Servicing
BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.:based financial services holding company with operations in ten states : Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies.
The Foreclosure Claims Specialist is responsible for filing investor and private mortgage insurance claims on foreclosed loans; ensures that timelines are followed for reimbursement of claims; processes claim funds received and ensures proper accounting of all final settlements and write off of losses; reviews processes for improvement in efficiency and accuracy.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
:Files conveyances and claims to all investors and insurers after foreclosure sales for reimbursement of foreclosure, loss mitigation and bankruptcy expenses; ensuring all claims are filed within required timeframes to avoid losses.
:Receives and credits claim funds to appropriate loans and finalizes claims process by writing off non:claimable losses and clearing various balances on loans.
:Coordinates evictions with the attorney office, local law enforcement and property preservation companies; coordinates property preservation and maintenance on vacant properties; coordinates "sale ready" conveyances on bank owned properties.
:Participates in research required on post:foreclosure audits from investors and insurers; handles demand letters from HUD; requests reimbursement on property preservation billings which could include filing appeals; notifies investors of foreclosure sales; ensures EDI reporting is accurate to investors and insurers.
:Provides reports to BOK that tracks BOK loans as well as other investors; notifies investor accounting department of Sheriff's sales to ensure accurate reporting.
KNOWLEDGE, SKILLS and ABILITIES:
:Basic knowledge of each state's foreclosure laws
:Knowledge of investor and insurer's guidelines including FNMA, FHLMC, BOk, FHA, VA, and RHS for filing claims, delinquent reporting, property maintenance and attorney's fee schedule for each state
:Knowledge of mortgage loan documents
:Basic knowledge of legal terminology
:Knowledge of Fair Debt Collection Act
:Ability to balance credits and debits and account for expenses from foreclosure and bankruptcy
:Excellent math skills
:Excellent interpersonal, oral and written communication skillsThis level of knowledge is normally acquired through completion of an Associate's Degree in a business related field and 3:4 years experience in default servicing; or 6:7 years of equivalent work related experience.
BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career
Apply today and take the first step towards your next career opportunity
BOK Financial is an equal opportunity employer. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information or veteran status.
Attention All Third Party Agencies, Headhunters, and Recruiters
BOK Financial and its Subsidiaries will not accept candidate submission by unsolicited third parties through this site or any company email address. All unsolicited candidates presented to BOK Financial and its Subsidiaries will be considered the property of BOK Financial. BOK Financial and its Subsidiaries will not be responsible fo
• Location: North DFW
• Post ID: 61936963 northdfw