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Hiringf For Loss Mitigation/Bankruptcy/Forecolusre

Hiringf For Loss Mitigation/Bankruptcy/Forecolusre

Firstsource

1 - 3 years

2 - 4 Lacs

Bengaluru

Posted:1 week ago| Platform:

Apply

Skills Required

Loss Mitigation Mortgage Servicing foreclosure Loan Servicing Bankruptcy Escrow Mortgage

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Title:

Location:

Key Responsibilities:

Loss Mitigation:

Review and process loss mitigation applications in accordance with investor/insurer guidelines.
Evaluate borrower eligibility for various assistance programs (loan modifications, forbearance, repayment plans, etc.).
Communicate and coordinate with internal departments for file progression and resolution.

Bankruptcy:

Monitor and process borrower bankruptcy cases (Chapters 7, 11, and 13).
Ensure compliance with legal timelines, court orders, and investor guidelines.
Work closely with legal teams and bankruptcy attorneys to ensure accurate updates and filings.

Foreclosure:

Track and process loans in various stages of foreclosure.
Coordinate with attorneys, vendors, and internal teams for timely completion of milestones.
Ensure all documentation and reporting requirements are met within SLA.

Requirements:

Minimum 13 years of experience in US mortgage servicing (preferably in Loss Mitigation, Bankruptcy, or Foreclosure).
Strong understanding of US mortgage lifecycle and investor/insurer guidelines (FHA, VA, Fannie Mae, Freddie Mac).
Excellent verbal and written communication skills.
Attention to detail and ability to manage time effectively.
Comfortable working in night shifts (US time zones).

Perks & Benefits:

Fixed weekend offs (Saturday & Sunday)
Competitive salary up to 4.5 LPA
Exposure to the US mortgage domain
Work from office modern infrastructure

Note:

Only immediate joiners

Disclaimer:

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