Foreclosure/Bankruptcy Specialist

Recruiter
Planet Financial Group
Location
Meriden
Salary
Competitive
Posted
Oct 18, 2016
Closes
Oct 19, 2016
Industry
Accounting
Employer Type
Direct Employer
Employment Type
Permanent
Hours
Full Time
The Foreclosure/Bankruptcy Specialist is responsible for evaluating loans to determine if foreclosure is best course for Planet Home Lending and its investors. This position will refer loans to approved attorneys, and monitor to ensure foreclosure and bankruptcy activity meets timelines established by Planet Home Lending or its investors. Also, this position will assist attorney in responding to any defensive or litigated matter.

+ Evaluate loans and determine if foreclosure is the best course of action for Planet Home Lending and its investors.

+ Review and evaluate property valuations and reports to analyze net present values.

+ Refer accounts to approved Planet Home Lending attorneys to initiate foreclosure or file claims and motions for loans that have filed bankruptcy within established timelines.

+ Monitor attorney progress during the foreclosure or bankruptcy process and instruct attorney on activities to complete actions within established timelines.

+ Report foreclosure and bankruptcy to Planet Home Lening investors. Obtain approvals as needed from the investors.

+ Utilizing Planet Home Lending' approved attorneys defend, resolve and or settle any counterclaims/defenses made by the mortgagors or third parties.

+ Have full knowledge of state, federal, and investor requirements, and ensure the foreclosure and bankruptcy actions and are full compliance with requirements.

+ A college degree preferable in business or work experience equivalent

+ Three to five years of foreclosure, collections, default servicing, and/or mitigation experience.









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