Thank you for your interest in NCST. We currently have one open position.
Property Preservation Specialist | Contract Position - 6 month position | Dallas, TX
The National Community Stabilization Trust (NCST) acquires certain non-performing mortgages and vacant real estate (REO) to help enhance neighborhood stabilization efforts. NCST takes action to address these defaulted loans prior to foreclosure and move vacant and abandoned properties out of limbo and into the control of local housing providers. This unique non-profit program is operated in partnership with the Housing Partnership Network (HPN) through a subsidiary called the Community Restoration Corporation (CRC).
The Property Preservation Specialist oversees activities on a portfolio of non-performing mortgage loans acquired by NCST and HPN. The majority of the portfolio work is on vacant properties that will eventually be transferred to local non-profit housing developers or municipal agencies for the purposes of rehabilitation for affordable housing development. The Property Preservation Specialist reports to the NCST Comptroller and CRC Senior Asset Manager.
- Make appropriate and timely property preservation decisions to mitigate loss and control expenses throughout the loan servicing and REO marketing process for NCST's CRC asset portfolio.
- Monitor loan status and verify condition and occupancy status of properties in NCST's CRC portfolio to identify properties that require securing and/or property preservation work.
- Assess property inspection reports, repair bids, and work reports to protect CRC assets and ensure that NCST program and mission goals are being met, and that work aligns with market standards.
- Work with vendors to ensure CRC assets are in compliance with city ordinances and code violations are addressed quickly and efficiently.
- Manage daily, weekly and monthly reports and communicate with property preservation vendors to ensure vendors are meeting delivery timelines in accordance with established procedures.
- Communicate internally with various departments to address any escalated issues.
- Working with the NCST Community Development team, engage local housing providers, including counties, municipalities, nonprofits, and land banks, to identify the most effective and community-focused resolution path for assets; negotiate contract terms and conditions as necessary, including property conveyances and grant awards.
- Assist in developing expanded CRC program guidelines, policies, procedures, and vendor protocols when necessary.
- Manage special projects, as needed.
Education, Work Experience and Desired Skills:
- Bachelor's degree or equivalent experience in Business, Real Estate, Finance or related field.
- Minimum of 3 years of relevant experience in mortgage servicing or REO asset management is preferred.
- Ability to work independently, diagnose problems, and develop solutions. Strong judgement skills to assess issues that need to be escalated.
- Highly organized, analytical, and task-oriented with an ability to handle multiple tasks and deadlines.
- Strong attention to detail.
- Excellent communication skills, both written and oral. Ability to communicate and interact effectively with all levels of staff and management, as well as with outside vendors and non-profit or municipal partners.
- Solid knowledge of the industry and relevant external forces, with a significant understanding of business operations within the mortgage servicing industry.
- Advanced proficiency in MS Excel.
To apply for this position, please send a cover letter and resume to firstname.lastname@example.org.
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We are an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.