Foreclosure Specialist/Legal Assistant
Resume:
Marcia J. Corcoran
Dallas, TX 75229
**************@*****.***
PROFESSIONAL EXPERIENCE
Legal Assistant/Foreclosure Specialist November 2007 - Present Tax Ease Funding, LLC Addison TX
Managed servicing of tax loan foreclosure portfolio of over 400 files to ensure that all foreclosure activities were completed on individual accounts according to prescribed policies and procedures.
Successfully managed high delinquency collections, foreclosure referrals and coordination of the foreclosure process with outside counsel on tax lien loans originated of within the company.
Assisted in audit of acquisitioned loans and liens from other tax lenders before and after they were added to our system.
Prepared and compiled documents for assignment of liens to third party entities after review and analysis of benefits to the company’s bottom line.
Report to management on monthly basis to highlight progress in lowering delinquency rate with files referred to foreclosure, active payment plans, and redeemed by borrower or third party.
Crucial member of a 6 month team project that audited and managed 400 foreclosure files brought in-house from outside legal counsel.
Monitored ongoing progress of foreclosure files from seeking default judgment with preparation of legal documents to collection of sale proceeds of over $80,000. Loan Analyst/Credit Analyst Oct 2003 – June 2007
WMC Mortgage Corporation Addison TX
Underwrote and processed sub-prime conventional loans for various broker representatives with quality and quantity as objectives.
Accomplished team goals of production over 45 million per month.
Developed and maintained key business relationships and maintained a streamlined loan process from submission to funding.
Completed initial review of credit and loan application as Credit Analyst to determine eligibility for requested programs while facilitating an automated underwriting system in the initial approval process with an on-line 24 hour turnaround to brokers.
Expanded underwriting process as Loan Analyst II to include the thorough review of all documentation submitted for a full file.
Utilized strong analytical and organizational skills and excellent customer service and communication with various departments and external customers. Quality Control Auditor/Default Claims Specialist Oct 2001 - Sept 2003 EMC Mortgage Company Irving TX
Audited government and conventional loans and investor billing with an emphasis on FHA loans to ensure integrity of data and a minimum of loss to the department.
Monitored payment processing by following up on delays and suspensions of loans and resolving issues with various vendors.
Completed processing supplemental claims to recoup any losses and provide backup for analysis in the final writeoff process.
Processed conveyances and claims for government loans in a timely manner per government regulations and guidelines.
Assisted with the creation of departmental procedures regarding the workflow as the department expanded and responsibilities increased.
Senior Foreclosure Specialist Feb 2000 - Oct 2001
EMC Mortgage Company Irving TX
Managed portfolio over 300 foreclosure files to insure a smooth process from referral to foreclosure sale.
Utilized comprehensive administration procedures, controls and advanced technology to liquidate nonperforming residential loans and REO assets. Foreclosure Manager Dec 1997 - Jan 2000
HomeComings Financial Network (Capstead)
Dallas TX
Successfully managed loan default and foreclosure processes for more than 900 files at any given time.
Provided liaison activities between attorneys, investors, brokers, and vendors assuring compliance with investor guidelines for FNMA, FHLMC, Residential Funding Corporation (RFC) and Capstead.
Ensured a smooth transfer for the title of property back to the company or securing payoff of the loan for 100 foreclosure sales a month and an additional 25 reinstatements and payoffs a month.
Assisted in creating, developing and implementing Intranet site servicing manuals and policies/procedures for all departments to use as an easy reference which outlined branch office processes, referrals, foreclosures and bankruptcy procedures for the proper orientation of new employees and on-going training for all employees.
Provided input into the creation and development of the time saving reinstatement calculator for the purpose of determining total amounts due on default loans, foreclosure costs and attorney fee’s ensuring more accurate processing of fee charges.
Recruited to train members of visiting offices from around the country on new computer systems
(LSAMS) and foreclosure procedures.
Addressed questions and conducted one-on-one training when necessary to ensure a properly trained staff to ensure a smooth integration process for the Dallas and San Diego offices, which opened up communications on both sides and provided for the least amount of disruption to service.
Skills
Computer-literate performer with software proficiency covering wide variety of applications not limited to Word, Excel, Word Processing, Spreadsheets, Email, Lenstar, Pacer, CourtNet, Quick Base, NLS, NDBS, and Accounting abilities
Highly analytical and research oriented with demonstrated ability to assess a situation, gather additional information, and identify key issues requiring business decision making.
Consistently deal with a changing work environment requiring flexibility with multiple assignments, adaptability to changing managerial priorities and goals, and ability to prioritize and organize different aspects that may occur simultaneously.
High level of communication skills both verbal and written effectively conveying information to clients, vendors and management.
Education
Bachelor of Arts – English
SUNY @ Potsdam University
Potsdam, NY
Mortgage loan underwriter credit analyst foreclosure
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