Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Position Overview

Hometap is a company focused on making homeownership less stressful and more accessible through a home equity investment product. They've been recognized as a great place to work by publications like The Boston Globe and Forbes, and have received awards for innovation in the fintech space. They offer competitive compensation, healthcare, unlimited PTO, a generous share package, and a strong company culture.

Who You Are: Investment Support Default Manager

You will be a key part of the team responsible for ensuring a positive investment experience for Hometap's invested homeowners throughout the entire process. You bring experience managing various default events and have a proven track record of building successful default teams. You are a leader who can coach and motivate a team to achieve results.

Requirements

  • Experience managing a variety of default events, including:
    • Foreclosure
    • Bankruptcy
    • Ownership Changes
    • New Liens
    • Delinquent Taxes
    • Delinquent HOA Fees
    • Trusts
    • Estates
    • Loss Mitigation
  • Experience building and leading successful default teams.
  • Strong leadership skills and the ability to coach and motivate team members.
  • Knowledge of default processes and procedures.

Responsibilities

  • Default Management & Escalations:
    • Oversee all areas of default processes, including foreclosure, bankruptcy, ownership changes, new liens, delinquent taxes, delinquent HOA fees, and estates.
    • Ensure accuracy and Service Level Agreement (SLA) compliance.
    • Identify, implement, and manage Key Performance Indicators (KPIs) to monitor team member performance and efficiency.
    • Handle escalated customer issues and complaints, ensuring timely resolution and customer satisfaction.
    • Proactively identify, escalate, and mitigate risks within the default area and related processes.
    • Collaborate closely with the Legal Department on the management of all foreclosure-related matters.
    • Implement strategies for efficiency and drive continuous improvement within the default team.

Skills

Default management
Foreclosure
Bankruptcy
Ownership Changes
Liens
Delinquent Taxes
HOA Fees
Trusts
Estates
Loss Mitigation
Leadership
Team Building
Coaching
Customer Service
Risk Management
Process Knowledge

Hometap

Provides cash for home equity access

About Hometap

Hometap provides homeowners with a way to access their home equity without selling their property or incurring additional debt. The company offers a lump sum of cash in exchange for a share of the future value of the home, allowing homeowners to unlock up to $600,000 of their equity without monthly payments or interest. Hometap earns revenue by sharing in the appreciation of the home's value when it is sold or when the homeowner repurchases Hometap's share. This approach sets Hometap apart from traditional home equity loans, as it offers a flexible and debt-free solution. The company's goal is to simplify the financial process for homeowners, helping them achieve their financial objectives, such as paying off debt or funding education, while maintaining a high level of customer service.

Boston, MassachusettsHeadquarters
2017Year Founded
$405.6MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

401k plan with match
Commuter benefits
Healthcare coverage
Flexible work schedule
Paid parental leave
Unlimited PTO
Learning & development
Generous share package

Risks

Rising interest rates may make traditional loans more appealing.
Increased competition from fintechs could erode market share.
Potential regulatory changes could impact Hometap's business model.

Differentiation

Hometap offers debt-free home equity access, unlike traditional loans.
The company provides a lump sum for a share of future home value.
Hometap's Home Equity Dashboard aids homeowners in managing their equity.

Upsides

Growing interest in alternative financing boosts Hometap's market potential.
Hometap's $278 million securitization shows strong investor interest.
Expansion into New York City taps into a large financial market.

Land your dream remote job 3x faster with AI