US Mortgage
1 day ago
SUMMARY
About the client :
A Fortune 500 global leader in technology services and digital business solutions, this company delivers comprehensive Business Process Services (BPS) and IT-enabled solutions. With a worldwide presence, it serves diverse industries including banking, healthcare, retail, manufacturing, and communications. The firm's expertise spans a broad spectrum of critical processes from finance and accounting to human resources, customer service, and supply chain management - enabling clients to enhance efficiency, drive innovation, and achieve business agility on a massive scale.
Job Title: US Mortgage - Foreclosure
Location: Hyderabad / Mumbai
Shift : US Shift
Mode : WFO 5 Days
Experience: Minimum of 2 year and maximum 8 year of relevant experience required
Key Responsibilities:
Role Summary: Responsible for managing the administrative and documentary stages of the mortgage foreclosure process in compliance with federal and state regulations (including CFPB and RESPA).
Key Responsibilities:
- Pre - Foreclosure Review: Execute rigorous due diligence and checklist completion to confirm all loss mitigation and regulatory requirements are met before initiating foreclosure referral.
- Referral Management: Prepare and refer files to external state-specific attorneys (Judicial and Non-Judicial) for legal action.
- Foreclosure Holds: Implement and monitor holds on foreclosure timelines when borrowers are active in Loss Mitigation options (e.g., forbearance, loan modification).
- Documentation: Ensure all required legal documents, property appraisals, and title work are accurate, compliant, and transmitted to counsel efficiently.
- Risk Mitigation: Identify potential delays, compliance risks, and exceptions within the foreclosure timeline to minimize institutional loss and adherence to investor/insurer guidelines.
Requirements
Requirements:
- Minimum of 2 year of experience in US mortgage
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