Specialized Loan Servicing

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There are newer employer reviews for Specialized Loan Servicing

2 people found this helpful  

You won't get very far

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Investor Reporting in Highlands Ranch, CO
Current Employee - Investor Reporting in Highlands Ranch, CO

I have been working at Specialized Loan Servicing full-time (more than 5 years)

Pros

The people are nice and benefits are pretty good.

Cons

Promotions are scarce unless you are related to or friends with upper management.

Advice to ManagementAdvice

Promote off personal merit instead of "who you know".

Doesn't Recommend
Positive Outlook
No opinion of CEO

22 Other Employee Reviews for Specialized Loan Servicing (View Most Recent)

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  1. 5 people found this helpful  

    Run... run as fast as you can. If I could rate negative, I would!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - CR Team Lead in Highlands Ranch, CO
    Former Employee - CR Team Lead in Highlands Ranch, CO

    I worked at Specialized Loan Servicing full-time (more than 5 years)

    Pros

    There really are no pros. Maybe the benefits are OK. They do the best they can with that. More cons than pros, that's for sure.

    Cons

    Where to start... Most middle managers hired from outside the company usually fail with in 6 months to a year. That assumes that they're not besties with a VP or owner. I personally was looked over for promotion because one of the owners' family members also applied for the job. I've been in meetings where supervisors and managers have said that they just want people with a heartbeat to fill the seats. I had a supervisor (the one who is related to an owner) tell me that I should treat subordinates like dogs. I know there was a case where HR tried to get employees that were dating to file a sexual harassment complaint (even though they didn't report to each other.) I know a VP loaned an agent money using company funds. I know of at least 3 cases of wrongful termination that the company settled in court. If you like drama and want to be treated poorly, this is the place for you. I wish I could have those 5 - almost 6 years back.

    Advice to ManagementAdvice

    You didn't listen to me when I was there, why would I try to help you now? You grew too big too fast and you really need to pull the plug and start from scratch with people that aren't tyrants. Luckily, you have people that can't get jobs at other companies so they stick with you.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Good People

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Specialized Loan Servicing

    Pros

    Everyone working there is very friendly

    Cons

    Pay and leave are lower than average

    Recommends
    Neutral Outlook
    Approves of CEO
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