Processor

Axelon Services Corporation

Irving, TX

JOB DETAILS
SKILLS
Attorney, Bankruptcy, Billing, Case Management, Communication Skills, Consumer Protection, Federal Housing Administration (FHA), Foreclosures, Freddie Mac (FHLMC), High School Diploma, Investor Relations, Liens, Litigation, Loans, Loss Mitigation, Maintain Compliance, Mortgage, Mortgage Regulations, Mortgage Servicing, Operational Strategy, Performance Analysis, Presentation/Verbal Skills, Problem Solving Skills, Process Improvement, Quality Control, Regulations, Residential Mortgages, Sales, Sales Pipeline, State Laws and Regulations, Time Management, United States Department of Agriculture (USDA), Vendor/Supplier Management, Writing Skills
LOCATION
Irving, TX
POSTED
1 day ago
100% onsite

The Foreclosure Default Specialist is responsible for managing foreclosure-related default activities for residential and mortgage loans in compliance with investor, insurer, client, state, federal, and company requirements. This role serves as a key liaison between mortgage servicers, foreclosure attorneys, trustees, title teams, vendors, and internal stakeholders to ensure accurate, timely, and compliant processing of foreclosure actions and default servicing activities.
The ideal candidate has experience in mortgage servicing, foreclosure timelines, title and lien review, bankruptcy coordination, loss mitigation awareness, and vendor management within a high-volume servicing environment.
Key Responsibilities
Foreclosure Case Management
Manage an assigned pipeline of foreclosure/default loans from referral through sale, reinstatement, dismissal, or claim resolution.
Monitor foreclosure timelines, milestone dates, attorney actions, bankruptcy holds, and state-specific requirements.
Review and validate foreclosure referrals for completeness, accuracy, and compliance.
Coordinate with foreclosure counsel, trustees, title companies, and servicing departments to resolve issues impacting foreclosure progression.
Ensure timely completion of foreclosure-related tasks, document execution, and status updates.
Compliance & Regulatory Oversight
Maintain compliance with CFPB, FHA, VA, USDA, Client, FHLMC, state foreclosure statutes, investor guidelines, and company servicing standards.
Review foreclosure actions for adherence to loss mitigation timelines, dual-tracking restrictions, bankruptcy stays, and consumer protection requirements.
Escalate compliance risks, litigation concerns, and title defects as necessary.
Support audit requests, quality control reviews, and regulatory examinations.
Title & Lien Coordination
Review title reports, lien positions, legal descriptions, and foreclosure-related documentation for accuracy.
Identify title defects, judgment liens, tax issues, probate concerns, HOA liens, or chain-of-title discrepancies impacting foreclosure processing.
Coordinate with title operations, curative teams, and foreclosure counsel to resolve title-related issues.
Assist with curative actions and document corrections when necessary.
Vendor & Attorney Management
Communicate regularly with foreclosure attorneys, trustees, process servers, and third-party vendors.
Monitor attorney performance, fee approvals, timeline adherence, and escalation items.
Review invoices and vendor billing for accuracy and investor compliance.
Maintain professional relationships with internal and external business partners.
Reporting & Documentation
Maintain accurate servicing notes and system documentation.
Generate reports related to foreclosure status, aging, delays, and exception tracking.
Provide updates to management, investors, clients, and internal stakeholders.
Support process improvement initiatives and operational efficiency efforts.

Excellent written and verbal communication skills required. Demonstrated ability to effectively manage priorities and as well as effective time management.

High School Diploma

About the Company

A

Axelon Services Corporation