Foreclosure Process Manager

3 weeks ago


Agoura, California, United States Superior Loan Servicing Full time

Job Overview

We are seeking a skilled Foreclosure Process Manager to join our team at Superior Loan Servicing. As a key member of our foreclosure department, you will be responsible for managing the end-to-end foreclosure process for non-qualified mortgage (non-QM) loans in default.

Key Responsibilities:

  • Foreclosure Management: Initiate and manage the foreclosure process for non-QM mortgage loans, ensuring all procedures comply with regulatory and investor guidelines.
  • Loan Review & Analysis: Analyze delinquent loan accounts, identify foreclosure risks, and determine appropriate foreclosure strategies with the Lender(s) and refer to foreclosure.
  • Compliance Oversight: Ensure foreclosure processes adhere to federal, state, and local regulations, as well as investor guidelines for non-QM loans.
  • Communication & Coordination: Coordinate with external parties such as foreclosure attorneys, trustees, and vendors to ensure timely and accurate processing of foreclosure activities.

Required Skills & Qualifications:

  • Education: High School; College, Bachelor's Degree
  • Experience:
    • Minimum of 3-5 years of experience in foreclosure servicing, specifically with non-QM, business-purpose, or private money loans.
    • Experience working with internal departments, clients, and attorneys.
  • Knowledge:
    • In-depth understanding of foreclosure laws and regulations for non-QM loans.
    • Familiarity with loss mitigation strategies and investor guidelines.
  • Skills:
    • Strong organizational and time management skills to manage multiple foreclosure files efficiently.
    • Excellent verbal and written communication skills to effectively liaise with borrowers, attorneys, and investors.
    • Analytical skills to assess loan files and foreclosure risks.


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