Foreclosure (Pune)

Job Summary We are seeking a highly organized and detail-oriented Associate Foreclosure Operations to manage and support the end-to-end foreclosure process for mortgage loans. The candidate will be responsible for handling foreclosure activities from referral through sale, redemption, post-sale, and foreclosure completion while ensuring compliance with investor, regulatory, and client requirements. The ideal candidate should have a strong understanding of mortgage servicing, default management, legal timelines, and foreclosure procedures across judicial and non-judicial states. Key Responsibilities Foreclosure Case Management Manage the complete foreclosure lifecycle from loan referral through foreclosure sale and post-sale activities. Review account eligibility and initiate foreclosure referrals in accordance with investor and client guidelines. Monitor bankruptcy, loss mitigation, litigation, and foreclosure holds to ensure compliance with applicable regulations. Coordinate with foreclosure attorneys, trustees, title vendors, and third-party service providers. Foreclosure Processing Review and validate foreclosure documents, affidavits, notices, and legal pleadings. Track and manage foreclosure milestones, timelines, and statutory deadlines. Ensure timely completion of all foreclosure actions, including: Referral Title Review First Legal Filing Service Completion Judgment Sale Scheduling Foreclosure Sale Post-Sale Activities Deed Recording Claim Filing Compliance & Risk Management Ensure adherence to CFPB, FHA, VA, Fannie Mae, Freddie Mac, USDA, and investor foreclosure requirements. Identify and escalate compliance risks, legal issues, and process exceptions. Maintain accurate servicing system updates and audit-ready documentation. Ensure compliance with state-specific foreclosure laws and timelines. Reporting & Documentation Maintain accurate records of foreclosure activity within servicing platforms. Prepare foreclosure status reports and inventory tracking reports. Support internal and external audits by providing required documentation. Document process exceptions and resolution activities. Stakeholder Management Partner with internal departments including: Loss Mitigation Bankruptcy REO Litigation Escrow Customer Service Communicate effectively with foreclosure attorneys, trustees, vendors, and clients regarding case status and escalations. Quality & Continuous Improvement Perform quality checks to ensure accuracy and compliance. Identify opportunities for process improvements and operational efficiencies. Support implementation of regulatory and client-driven process changes. Required Qualifications Bachelor's degree in Business Administration, Commerce, Finance, Law, or a related discipline. 14 years of experience in: Foreclosure Operations Mortgage Servicing Default Servicing Bankruptcy Operations Legal Mortgage Processing Knowledge of end-to-end foreclosure processes and timelines. Understanding of judicial and non-judicial foreclosure states. Strong analytical and problem-solving skills. Excellent attention to detail and organizational skills. Proficiency in Microsoft Office Suite (Excel, Word, Outlook). Preferred Qualifications Experience with mortgage servicing platforms such as: MSP (Black Knight) Sagent LoanSphere Tempo VendorScape Knowledge of CFPB Mortgage Servicing Rules Investor Guidelines State Foreclosure Laws Bankruptcy and Loss Mitigation Interactions Six Sigma, Lean, or process improvement experience preferred. Key Competencies Foreclosure Process Knowledge Regulatory Compliance Critical Thinking Risk Assessment Time Management Attention to Detail Stakeholder Management Decision Making Communication Skills Customer Focus Performance Metrics Foreclosure milestone adherence Foreclosure referral quality Compliance and audit results Turnaround Time (TAT) achievement Inventory management Error and exception rates Vendor service-level adherence Productivity and efficiency metrics Experience Level Associate: 14 Years of Foreclosure / Mortgage Servicing Experience Employment Type Full time Ideal Candidate Profile A successful candidate will have practical experience handling the complete foreclosure lifecycle, strong regulatory awareness, and the ability to manage high-volume foreclosure inventories while ensuring compliance, accuracy, and timely execution of all foreclosure-related activities. .