Posted by on January 24, 19103 at 09:24:45:
Ocwen Financial Corporation currently services more than $30 Billion of management intensive single-family residential loans and has the proven ability to enhance the performance of mortgage loans and asset-backed mortgage securities.
Ocwen's loan servicing expertise is well suited for all types of residential loans. Servicing customers reap the benefits of Ocwen's comprehensive approach to adding value to distressed loans through the following:
Disciplined processes
Compression of loan resolution timelines
Efficient management of third-party costs
Optimal loan resolution strategies
Specialized expertise and advanced technology are applied hand in hand so clients can enjoy lower costs, faster turnarounds and higher recovery values.
Clients choose the level of servicing that suits their needs: primary servicing, special servicing, subservicing or backup servicing.
All major rating agencies have approved Ocwen's servicing and special servicing capabilities.
Ocwen provides value through our proprietary software automating time-consuming loan processes, foreclosures and bankruptcy procedures, timeline management and evaluation of loan workout strategies. Ocwen leverages its scale and national reputation to negotiate volume discounts with third-party service providers, a savings that is passed on to customers.
If you possess the essential skills to help us grow our already successful business venture, please contact us hr@ocwen.com
Responsibilities & Key Result Areas:
Experience working for lenders in foreclosure and bankruptcy proceedsings including; a thorough knowledge of lender s rights, remedies and strategies in foreclosure and bankruptcy cases, and experience in monitoring monthly DIP operating statements, reviewing books and records in preparation for depositions and reviewing Disclosure Statements and Bankruptcy Plans to determine feasibility of proposed reorganization structures. Strong negotiating skills and experience in creating and negotiating loan restructure documents. Excellent computer skills and spreadsheet programming capability.
Required/Preferred Qualifications/Certifications:
Negotiating loan resolutions. Interaction with and providing financial support for in-house and retained legal counsel for foreclosure and bankruptcy actions in the areas of timeline management, discovery, depositions, and collateral valuations