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Associate - Fcl fcl

3 weeks ago

Bengaluru Karnataka, India Moder Solutions Full time

Department
- Foreclosure
- Job posted on
- Feb 21, 2025
- Employee Type
- Full Time
- Experience range (Years)
- 1 year - 6 years

**FORECLOSURE**

**Associate/Analyst - Processor**

**About Us**

Moder formerly known as Archwell Operations is a part of Archwell Holdings founded in 2017. We are a tech forward outsourcing company specialising in supporting the US Mortgage, Insurance, and Banking industries. We specialize in end-to-end component based outsourcing, managing one-off projects to becoming an extension of the customer service or operations team. Our team is built on industry expertise and provides the traction clients need to grow their company.

Equipped with diverse tools, platforms, solutions, and services we strive to work towards our mission to positively impact the financial health of companies by powering in-house processes using top talent, workflow best practices, and progressive technology.

**Job Overview**:
Review of the foreclosure milestones and taking necessary actions to mitigate any delays in foreclosure process. Coordinate with the foreclosure attorney firm to meet the foreclosure timelines.

Review loans with foreclosure sale and request for all relevant documents to prepare the bidding instructions. Complete the assigned workflows to place foreclosures on hold or resume foreclosures, send close & bill instructions to foreclosure attorney firm where applicable. Generate judgment figures and reinstatement figures to be sent to foreclosure attorney firm. Prepare documents for execution along the foreclosure process. Review loans which are eligible for foreclosure.

Ensure all assigned cases are worked in accordance with regulatory, investor/insurer, and Trust Policy requirements and timelines.

Update and document all tracking systems including the clear and accurate documentation of the accounts worked

**Roles & Responsibilities**
- Processing tasks as per the process guidelines
- Meeting assigned productivity and quality targets
- Adhering to SLAs and TATs
- Interpersonal relationship at work with peers
- Adhering to organization policies

**Qualification & Experience**
- Educational qualification and years of experience required in any specific domain/skill for the role_
- Basic Degree completion (15 years of education)
- Good written and oral communications skills in English
- US Mortgage Experience in Default Servicing Foreclosure (Minimum 12 Months)