Foreclosure Coordinator
Asset Based Lending · Cherry Hill, NJ · 4 wk ago
HybridAdministrativeFull-time
About the role
ABL Funding is seeking a Foreclosure Coordinator to support the Asset Management team. Key responsibilities include processing payoff requests, managing appraisals and PCRs, monitoring insurance coverage, and assisting with internal and executive reporting.
Responsibilities
- Process payoff requests from borrowers and escrow companies by gathering accurate loan data and coordinating with internal teams.
- Order and track appraisals and BPOs; follow up with vendors and distribute results to appropriate team members.
- Submit and manage PCRs through the NVMS portal and route findings to Asset Management and Foreclosure teams.
- Monitor force-placed and borrower insurance coverage, track expirations, and escalate issues affecting collateral protection or foreclosure strategy.
- Aid in recurring internal and executive reporting by preparing data pulls, summaries, and clean exports.
- Take meeting notes, track action items and decisions, and distribute summaries to relevant parties.
- Provide general operational support and assist with special projects to improve processes and data quality.
Requirements
- Experience in loan servicing, foreclosure, real estate, title/escrow, or comparable back-office operations (preferred).
- Strong attention to detail and comfort working with numbers, dates, and legal and financial documentation.
- Solid Excel and general computer skills; experience with CRM or servicing platforms and cloud-based document storage is a plus.
- Ability to manage multiple tasks and deadlines in a fast-moving environment.
- Clear written and verbal communication skills; comfortable working with internal stakeholders and external vendors.
- A proactive, problem-solving mindset and genuine interest in improving processes over time.