Job Description
The Collections Foreclosure Specialist is responsible for managing delinquent mortgage and loan accounts, ensuring that foreclosure proceedings are initiated and tracked in a timely and compliant manner. This role involves coordinating with legal teams, real estate agents, and internal departments to facilitate the foreclosure process efficiently. The specialist prepares and reviews foreclosure documentation with precision, ensuring all actions align with federal and provincial laws. Maintaining accurate records and providing regular updates to management are essential to support decision‑making and uphold regulatory standards.
Responsibilities
- Monitors and manages overdue mortgage or loan accounts to minimize risk and loss
- Ensures timely and accurate processing of foreclosure actions in accordance with investor, insurer, and regulatory requirements.
- Prepares, reviews, and maintains foreclosure documentation with accuracy and attention ...