Foreclosure Coordinator

3 - 4 years

4 - 5 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

  • Monitor and manage foreclosure timelines to ensure first legal actions occur within investor, regulatory, and company-mandated timeframes
  • Actively track and move loans through each foreclosure milestone, from referral to attorney through sale or conveyance
  • Identify and clear holds promptly by working with internal departments, vendors, or legal counsel to resolve issues related to title, occupancy, documentation, or compliance
  • Coordinate with Property Preservation to ensure timely securing of properties, utility management, and readiness for conveyance or sale
  • Ensure all applicable foreclosure-related events are documented accurately and timely in the servicing system
  • Communicate regularly with foreclosure attorneys to validate status, confirm pending actions, and escalate time-sensitive issues
  • Monitor upcoming sales and post-sale activity, confirming that conveyance or investor transfer occurs without delay
  • Maintain awareness of state-specific foreclosure timelines, investor requirements, and curtailment risks
  • Respond to inquiries from internal departments, legal teams, and external vendors regarding foreclosure status and expectations
  • Review reports and system queues daily to ensure no loans are stalled or past due on critical tasks
  • Assist with audit responses or documentation needs related to investor, regulatory, or internal review
  • Perform other duties and projects as assigned to support the Default departments operational objectives

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