Posted by on January 24, 19103 at 08:53:33:
CMBS Special Servicing
Ocwen’s asset management team has demonstrated experience in evaluating and administrating the resolution of complex CMBS loans and real estate assets. Approximately 85% of its resolutions are achieved preforeclosure and early in the delinquency cycle. Ocwen resolves more than 95% of its CMBS loans without modification of the contractual terms. This disciplined approach combined with Ocwen’s success in minimizing loss severity rates consistently maximizes returns to both investment grade and non-investment grade bondholders alike. To date, Fitch has issued three upgrades to securitizations specially serviced by Ocwen.
The strength and depth of Ocwen’s CMBS commercial servicing and asset management platform have been favorably reviewed by all major rating agencies. For the past four years, Ocwen has maintained the highest commercial special servicer rating issued by Standard and Poor's.
We are looking for a senior level executive to join our staff. If you possess the following qualification and have a strong background in Loan Servicing, please contact us at HR@ocwen.com
Responsibilities & Key Result Areas:
Develop statigic plan for foreign loan servicing business line. Pursue potential JV partners for setting up serving operations in Europe, Latin America and Asia. Negotiate JV agreements. Develop sales and marketing efforts to attract clients to established foreign operations.
Required/Preferred Qualifications/Certifications:
12 Plus years of experiance in the Mortgage Industry, Financial Services, or Law. Residential Loan Servicing Experience a plus. Four year college degree required with MBA or Law degree preferred. Ability to multitask. Foreign Language skills a plus. M&A experience a plus.