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Foreclosure Processing Specialist
2 months ago
Loan servicing company seeking a Default Processing Specialist. This position requires a thorough knowledge of CA and out of state foreclosures (non-judicial and judicial). Additional duties include:
• Referring loans approved for foreclosure to the relevant firms in a timely manner, providing a
complete and thorough package.
• Monitoring foreclosures throughout the process, assuring that our retained firms manage our
foreclosures in an appropriate and efficient manner.
• Providing all items and affidavits as requested by legal counsel in a timely manner. Review all
affidavits for accuracy before submitting.
• Maintaining a pipeline of referred foreclosures to provide a real-time recap of key activity and
current status.
• Working closely with the Mortgage Loss Mitigation Associate to ensure collateral protected
throughout the foreclosure process.
• Managing borrowers who have declared bankruptcy by monitoring court and trustee action,
filing timely proofs of claim and referring to legal counsel for execution of motions for relief
as needed.
• Maintaining accurate notes and images of relevant documents for bankrupt members and
loans in foreclosure.
• Maintaining a pipeline of bankruptcies allowing for a real-time recap of activity, inclusive of the
law firm, the assigned lawyer, and current status.
• Monitoring repayment plans and make collections calls as needed.
• Ensuring a strong back-up staffer is in place to cover all assigned duties.
• Performing other duties as may be deemed necessary
Company DescriptionLoan servicing company seeking a full-time, in-office, manager for our Quality Control and Compliance Department. We service Short-term, hard-money loans. Please only apply if you have experience in the mortgage industry.Company DescriptionLoan servicing company seeking a full-time, in-office, manager for our Quality Control and Compliance Department. We service Short-term, hard-money loans. Please only apply if you have experience in the mortgage industry.