Foreclosure / Bankruptcy

Peoples Processing offers a suite of services in Foreclosure / Bankruptcy:

Foreclosure Referral
Set up Foreclosure file in system and refer Foreclosure package to the Legal team to handle the case

Foreclosure Timeline Management
Follow up with Foreclosure attorney to complete the Foreclosure process and take it to sale withinthe timeline

Foreclosure / Bankruptcy Invoice Recon
Once attorney submits the invoice with supporting documents, review for accuracy and approve / deny as per the guidelines

Foreclosure Executed Document – QC
Foreclosure execution affidavit documents are verified to match the information with supporting documents and if any discrepancy found within the executed document, needs to be corrected before sending it to the attorney review

Bankruptcy
File is set up in the system, refer Bankruptcy attorney to handle the case. Borrower will be given the plan to work out based on the chapter they file and if there are any delinquencies, follow-up to get the case dismissed/ discharged

Title Curative
Complex title issues are reviewed and determined with the best course of action to cure title clouds and issues

Benefits of partnering with Peoples Processing for Servicing

Over a decade of experience in Nationwide Loan Processing

Licensed to do business in 29 States, enables adherence to your state-specific requirements

Headquarters in Austin, TX with two production facilities located in India

Experience working with all the leading LOS, Compliance and Servicing platforms

Flexible engagement model to help you reduce fixed costs

SSAE 18 compliant (SOC 2 audit in the process)