Role and Responsibilities
- Loan File Review & Foreclosure Eligibility Assessment
- Analyze loan files to determine if foreclosure can proceed.
- Verify loan default status and assess foreclosure alternatives (loan modification, short sale, deed in lieu).
- Ensure foreclosure initiation follows investor and regulatory guidelines (Fannie Mae, Freddie Mac, FHA, VA, USDA, etc.).
- Verifying Foreclosure Documents.
- Ensure accuracy and completeness of foreclosure-related documents.
- Verify loan default status, legal notices, and sale details