REO Title Specialist

Role Description

The REO Title team at Solidifi performs a variety of functions crucial to the initial phase of real estate transactions that involve the sale of real estate owned (“REO”) properties. The core responsibilities of the REO Title Clearance team are to issue a preliminary title commitment, which is eventually used to issue a title insurance policy upon the closing of the transaction under specific conditions and requirements, and to review foreclosures to ensure they are properly completed by the foreclosure attorneys hired by the client.

The REO Title Specialist inspects recorded legal documents and evaluates the chain of title, lien position, exceptions, restrictions, and performs preliminary lien clearance, including foreclosure clearance, before delivering a title package to the client. Other documents which may need to be created and/or reviewed for accuracy include:

• Municipal lien searches
• Title grading sheets
• Copies of supporting search documents
• Documents specific to the foreclosure such as state-required affidavits and proof of notice of foreclosure documents

Responsibilities include:

• Analyze recorded documents to correctly certify the following:
• Analyze complex title issues
• Correct chain of title and accurate vesting
• The correct legal description of the property in question
• Any restrictions against the property in question
• Any claims/liens (ex. Mortgages, judgments, tax assessments)
• Identify any potential issues/problems with the recorded documents which would prevent a clean title commitment to be issued.
• Identify any potential issues/problems with the foreclosure which would prevent a proper conveyance to the client once the foreclosure is complete.
• Deliver title packages within expected turn times to the client’s specific web portal.
• Complete and maintain tasking on each client’s specific web portal system.
• Follow up on title issues which arise in files to ensure issues are being resolved in a timely manner.
• Work as a team player with fellow employees to determine a solution and/or alert the appropriate parties to issues affecting the title commitment and/or documents prepared by the department.

Qualifications

• Must hold a valid Texas license
• Positive Attitude
• College Degree preferred
• 3-5 years experience with REO Title & Closing preferred
• Experience with Resware
• Skills in written and verbal communication
• Ability to work in a fast-paced, team-oriented work environment

Benefits

• Comprehensive benefits package that includes health, dental, and vision insurance
• Life insurance (basic and voluntary)
• Short- and long-term disability coverage
• FSA plan
• 401(k) with company match
• Wellness webinars
• Employee assistance programs
• Paid time off
• Volunteer time off
• Paid holidays

Company Description

Solidifi is a leading network management services provider for the residential lending industry. Our platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending services. We are a leading independent provider of residential real estate appraisals and title, and settlement services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in North America. Solidifi is a wholly owned subsidiary of Real Matters (TSX: REAL).