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CWCOT Specialist I

Rocket Mortgage

  • Lake Vista, Texas
  • 10 days ago

    Highlights

    As the CWCOT (Claims Without Conveyance of Title) Specialist I, you are responsible for managing and coordinating all duties and tasks within a portfolio of assets for clients through Auction/REO/Foreclosure/Short Sale services. Auction & Sales Process Execution: Coordinate with auction teams to facilitate online and live property auctions for CWCOT assets.

    Numbers & Facts

    LocationLake Vista, Texas
    IndustryBanking
    Company Size1,500 to 1,999 employees
    Year Founded2002
    Websitehttp://www.myrocketcareer.com

    Description

    Hybrid role: Work onsite at the Lewisville location on Tuesdays and Wednesdays. Must be local to the DFW, TX area to be considered.

    As the CWCOT (Claims Without Conveyance of Title) Specialist I, you are responsible for managing and coordinating all duties and tasks within a portfolio of assets for clients through Auction/REO/Foreclosure/Short Sale services.

     

    About the role 

    CWCOT Portfolio Management: 

    • Oversee and coordinate all Claims Without Conveyance of Title (CWCOT) tasks within an assigned portfolio of assets.

    • Manage properties through auction, REO, foreclosure, and short sale processes to ensure efficient liquidation.

    • Monitor pre-foreclosure and post-foreclosure property statuses to maximize successful sales.

    • Ensure timely execution of CWCOT sales strategies in alignment with client objectives.

    Client & Stakeholder Coordination: 

    • Act as the primary liaison for CWCOT clients, servicers, asset managers, and investors.

    • Provide guidance on bidding thresholds, pricing strategies, and auction timelines to maximize asset performance.

    • Collaborate with internal teams, including auction operations, compliance, and legal, to ensure smooth transactions.

    Auction & Sales Process Execution: 

    • Coordinate with auction teams to facilitate online and live property auctions for CWCOT assets.

    • Ensure properties are marketed effectively to drive buyer interest and competitive bidding.

    • Oversee offer reviews, contract negotiations, and closing procedures to ensure compliance with client and regulatory requirements.

    Regulatory & Compliance Oversight: 

    • Ensure all transactions comply with HUD, FHA, and investor regulations governing CWCOT properties.

    • Stay updated on industry guidelines, foreclosure laws, and regulatory changes impacting CWCOT sales.

    • Work closely with compliance teams to mitigate risk and resolve regulatory issues.

    Performance Analysis & Reporting:

    • Track and analyze key performance metrics (KPIs) related to auction success rates, conversion rates, and client satisfaction.

    • Generate reports and provide insights on portfolio performance, market trends, and process improvements.

    • Identify opportunities to enhance efficiency and maximize CWCOT liquidation rates.

     

    About you 

    • Bachelor’s degree preferred

    • Minimum of 2 years of related professional level work experience or equivalent combination of education and related work experience.

    • Strong verbal and written communication skills

    • Ability to multitask, prioritize, and manage time effectively in a fast-paced environment

    • Strong problem-solving skills and attention to detail

     

    What you’ll get 

    Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back. Check out our full list of Benefits and Perks. 

     

    About us 

    Xome® is a technology-driven real estate company and a subsidiary of Rocket, headquartered in Lewisville, Texas. As a leading innovator in the industry, we use technology to transform the way people buy and sell homes. When you join Xome, you join a team that values curiosity, ownership, and bold thinking. You will take on meaningful challenges, learn from experts across real estate and technology, and have real opportunities to grow. We are insistently different in how we look at the world and committed to an inclusive workplace where every voice is heard. Apply today to grow your career, enjoy amazing benefits, and work alongside leading industry professionals.

     

    This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the company at any time.  Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law.  The company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws.  Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, at 

    Careers@Rocket.com

    . 

    About Company

    Rocket Companies® is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions. The name comes from our flagship business, now known as Rocket Mortgage®, which was founded in 1985. Today, we’re a publicly traded company involved in many different industries, including mortgages, fintech, real estate, automotive and more. We’re insistently different in how we look at the world and committed to an inclusive workplace where every voice is heard. How Our Culture Gives Us Our Edge Typical companies have mission statements. We have ISMs – the 20 philosophies that give us our competitive edge for success and drive our unique culture. We introduce these philosophies to everyone on day one because they are the core principles that guide our decision-making. Our team members aren’t just empowered by opportunity, they’re given all the resources and support needed to deliver innovative solutions. How We Support The Community Since inception, we’ve been dedicated to investing in the cities and organizations that Rocket Companies® calls home – extending from Detroit to Cleveland, Charlotte, Phoenix and Windsor –and this list continues to grow. We maintain a For More Than Profit VisionSM, which is a new generation of doing business that keeps people at the forefront, not numbers. We believe there is a way to do business that creates opportunity for all, and we have a passion for investing in people and communities. Since 2010, our team has volunteered 385,000 hours in Detroit and 723,000 hours nationwide. How We Stay Connected Rocket Companies® is part of a larger group of businesses all invested in and connected by Founder and Chairman Dan Gilbert. This group is known by our team members as the Rock Family of Companies – a diverse collection of companies all obsessed with finding a better way, united by a common purpose to challenge the status quo. It's our mission to find unique solutions for our clients. How Our Culture Gives Us Our Edge Typical companies have mission statements. We have ISMs – the 20 philosophies that give us our competitive edge for success and drive our unique culture. We introduce these philosophies to everyone on day one because they are the core principles that guide our decision-making. Our team members aren’t just empowered by opportunity, they’re given all the resources and support needed to deliver innovative solutions. How We Support The Community Since inception, we’ve been dedicated to investing in the cities and organizations that Rocket Companies® calls home – extending from Detroit to Cleveland, Charlotte, Phoenix and Windsor –and this list continues to grow. We maintain a For More Than Profit VisionSM, which is a new generation of doing business that keeps people at the forefront, not numbers. We believe there is a way to do business that creates opportunity for all, and we have a passion for investing in people and communities. Since 2010, our team has volunteered 385,000 hours in Detroit and 723,000 hours nationwide. How We Stay Connected Rocket Companies® is part of a larger group of businesses all invested in and connected by Founder and Chairman Dan Gilbert. This group is known by our team members as the Rock Family of Companies – a diverse collection of companies all obsessed with finding a better way, united by a common purpose to challenge the status quo. It's our mission to find unique solutions for our clients.

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