Foreclosure Specialist
- The Client
- 2 - 7 years
- Bengaluru
- 2 months ago
- Email to a friend
- Report this job
Job Description
Company Name: VARITE INDIA PRIVATE LIMITED
About The Client: The Client is an American-owned company based in the US with offices in India and the Philippines. A tech-forward outsourcing company specializing in supporting the US mortgage, insurance, and banking industries.
About The Job:
We are seeking a highly organized and detail-oriented Foreclosure Associate to join our Default Servicing team. The successful candidate will be responsible for managing and coordinating the foreclosure process for residential mortgage loans in default, ensuring compliance with regulatory requirements, investor guidelines, and company policies
Essential Job Functions:
- Review and analyze loan files to determine foreclosure eligibility.
- Coordinate with internal stakeholders (e.g., loan servicing, title, and legal) to initiate and progress foreclosure actions.
- Prepare and submit foreclosure referrals to external attorneys/trustees.
- Monitor and track foreclosure timelines, milestones, and deadlines.
- Ensure compliance with federal, state, and local regulations
- Communicate with attorneys and other stakeholders regarding foreclosure proceedings.
- Review and verify foreclosure documents (e.g., notices, affidavits, and deeds).
- Maintain accurate and up-to-date records in foreclosure software systems.
- Identify and escalate potential issues or exceptions to management.
- Collaborate with team members to achieve foreclosure goals and objectives.
Qualifications:
- 2+ years of experience in mortgage default servicing, foreclosure, or related field.
- Strong knowledge of US mortgage regulations (e.g., FHA, VA, USDA, and conventional).
- Familiarity with foreclosure laws and procedures in multiple states.
- Excellent organizational, communication, and analytical skills.
- Ability to work in a fast-paced environment and prioritize multiple tasks.
- Experience with foreclosure software systems (e.g., Black Knight, LPS, or MSP).
- Strong written and verbal communication skills to coordinate effectively with internal teams and external parties
- Proficiency in Microsoft Office tools (Excel, Word, PowerPoint) to manage records, generate reports, and communicate effectively.
How to Apply: Interested candidates are invited to submit their resume using the apply online button on this job post.
Job Classification
Industry: Financial ServicesFunctional Area / Department: BFSI, Investments & TradingRole Category: LendingRole: Lending - OtherEmployement Type: Full timeContact Details:
Company: The ClientLocation(s): Bengaluru
Keyskills: Foreclosure US Mortgage Regulation Us Residential Mortgage US Mortgage Loan Servicing
The Client
LIVE CONNECTIONS is a Search & Recruitment Organization that specializes in finding and placing professionals across all sectors. We bring to the table cumulative recruitment experience built over 28+ years. We understand the Biz life cycles in recruitment, and have placed over 40,000 peo...
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