Job description

Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and partners.

Recognized as an Industry Changemaker, Longbridge CEO Chris Mayer looks at the industry differently and values employees at all levels who drive our company forward. In fact, we are now a top 2 reverse mortgage lender.

Why work with us?

At Longbridge Financial, “We do the right thing” is more than a mantra, it’s our guarantee. We want to attract the best and brightest—that’s why we’re committed to giving our employees the support they need and the respect they deserve. We offer competitive compensation packages and benefits, as well as a strong marketing and operations foundation. Join us for a rewarding career with remarkable growth potential. Ready to be changemaker and be a part of a team to help propel Longbridge to number one?

Longbridge is excited to be adding to our Houston Servicing team. We are currently recruiting for a REO ( Real Estate Owned ) Specialist. This role will be in our Houston, TX or Mahwah, NJ office, Monday-Friday 7am-4pm CST.

General Responsibilities:

The REO Specialist II is responsible for the day-to-day work between LBF and its sub-servicers and vendors ensuring the subservicer is operating in a manner that is consistent with LBF’s legal and regulatory obligations, contractual requirements, and performance expectations.

Primary Job Duties:

• Handle the oversight of loans in REO status.
• Review reports and work queues to manage HUD curtailment timelines.
• Work closely with subservicer and its vendor in oversight of REO timelines and marketing of properties to ensure compliance.
• Escalate issues to the subservicer and attorneys to avoid controllable delays.
• Accurately depict responsible party for missed servicing milestones.
• Documents all servicing activities, actions taken, delays, follow ups and phone conversations.
• Analyze and chase subservicers requests for documents.

Required Education and Experience:

• Highschool diploma or Equivalent
• 2-5 years Reverse Mortgage REO management required
• Understanding of the entire REO process
• Experience with BKFS, Tempo, ReverseServ, HERMIT, LRES
• Strong understanding of Microsoft Excel and Microsoft Teams

LBF is an EEO/AA/Vet/Disabled Employer

Job Type: Full-time

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Experience level:

• 2 years

Schedule:

• 8 hour shift

Work Location: In person

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