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Vaco LLC

Foreclosure Specialist

Career Insights for Banking Lawyer

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What they do

A Banking or Finance Lawyer is a legal professional who works for either a borrower (an individual or a company), or a lender (usually a bank). Much of their time is spent negotiating the contract terms for a loan to make sure their client gets a fair and watertight deal.

$186,835 / year median in the U.S.

+3% projected growth

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Job Description

Vaco Arizona is partnering with a top company to hire a Remote Foreclosure Specialist. This is a contract-to-hire opportunity paying up to $27/hour.
Responsibilities:
Monitor and manage loans throughout the foreclosure process. Coordinate with foreclosure attorneys, trustees, and third-party vendors. Track foreclosure deadlines, timelines, and legal milestones to ensure timely completion. Review and maintain foreclosure documentation and system updates. Provide payoff quotes, reinstatement figures, and other loan-related information. Ensure compliance with Fannie Mae, Freddie Mac, FHA, VA, USDA, and state foreclosure regulations. Review and approve foreclosure-related expenses, attorney fees, and invoices. Partner with internal teams including Default, Bankruptcy, Loss Mitigation, and Servicing.
Required:
2+ years of foreclosure experience within the mortgage industry required. Strong understanding of the foreclosure process, timelines, and regulatory requirements. Experience working with Fannie Mae and Freddie Mac loans is required. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions.