National Bankruptcy Processor

Purpose The National Bankruptcy Processor is responsible for protecting the client’s interest by reviewing loans for possible legal action and taking all necessary actions to protect client’s interest without individual requests from the client. Specific Duties, Activities and Responsibilities

Motions for Relief: Specialist will prepare referrals for Motions for Relief and assist firm with any figures and documents required to proceed with the necessary legal action. Specialist will be required to review delinquent accounts and case disposition to determine appropriate action to take. Accounts must be audited and a ledger must be prepared to ensure all funds were received and applied correctly. Loan must be reviewed until the Motion is resolved. If a Stipulation is negotiated, specialist will be required to monitor compliance with the Stipulation and refer additional legal action as necessary. Impediments: Specialist must review loans immediately upon receipt for any items needed to proceed with account adjustments or legal action. Specialist will refer to jurisdictional requirements to confirm what items are required to proceed with required legal action. Frequent follow up and escalation for impediments is required until resolution. Specialist will have to be comfortable reviewing prior servicer histories and escrow analyses. Title Review: Specialist must be able to review mortgages, assignments, notes and allonges and determine any missing gaps in the chain of title. ECF Mail/AACER: Specialist will be required to review electronic mail from the court. All mail must be thoroughly reviewed and notated in firm’s system and client’s system. Specialist must be able to determine and proceed with any action needed in response to court mail received. Ensure local counsel has all necessary information to complete various notices and filings. Move all non-active files quickly through to closing. Review and interpret client systems and update data per client’s expectations. Regularly monitor reports that are generated in our system to ensure that files are handled smoothly and timely. Regularly monitor reports that are generated by the client’s system to ensure that files are handled smoothly and timely. Participate in company-sponsored educational seminars. Perform all other duties as assigned.