Mortgage Foreclosure Analyst II — Resolution Expert

Fifth Third Bank; Cincinnati (OH); On-site; USD 60,000 - 90,000; Full time

Job summary

Fifth Third Bank in Cincinnati, OH is seeking a Foreclosure Analyst III to ensure timely and accurate completion of the Foreclosure process, coordinating with outside counsel and investors while managing a high-volume caseload.

The role involves calculating judgments, bid analysis, reviewing FCL-related invoices, and maintaining compliance with investor timelines. Strong mortgage-default knowledge and analytical skills are essential.

Qualifications

• Minimum of 3-5 years of experience in a loan-servicing environment with exposure to Mortgage Default.
• Communicate effectively to customers, vendors and coworkers.
• Advanced computer & math skills.

Responsibilities

• Manage 200 past or approaching standard FCL cases including FHLMC, FNMA, FHA/VA & Private Investors.
• Utilize EDR past standard severity reports to follow up on all FCL actions, ensure investor guidelines are adhered to and measure average aging of loans.
• Follow up on all FCL actions monthly to ensure investor guidelines and monthly status requirements are within compliance.
• Analyze & manage FCL timeline performance to ensure that no more than 10% of monthly caseloads are past standard.
• Identify contested FCL and code in order to ensure the proper reporting of delays to investors.
• Ensure that all cases in which Fifth Third Bank has exposure are escalated to management & In-house legal.
• Ensure cases have clear & marketable title throughout the FCL process.
• Work closely with other default personnel to ensure a seamless transition for loan accounts from one process to the next.
• Calculate & provide financial figures related to FCL sale bids, judgments required by the court, reinstatement & payoff requests made by the borrower & attorney.
• Examine FCL related expense as they pertain to investor guidelines.
• Review collateral/partial lien releases & gather all necessary information for release of collateral, analyze the proposal for its economic impact on the beneficiary of the loan & make recommendation to management.
• Analyze the valuation of the property (BPO or appraisal), the marketability of the property, and any claims possible against third parties.
• Coordinate with the Property Preservation/Collateral department to secure & maintain vacant properties.
• Prepare bid instructions for sheriff sales.
• Ensure the accurate & timely referral to BKR & Post Sale areas.
• Endorse and certify all FCL sale results within 24 hours of the FCL sale and ensure the timely transition of REO Assets.
• Working knowledge of mortgage banking, familiarity with RESPA, FFDCPA, GLBA, FFIEC & federal and state laws related to legal FCL & BKR proceedings.
• Develop a strong working relationship with network of Bank Appointed & Designated Counsels.
• Provide mentoring to new staff members, assist in special projects & other duties as assigned.

Skills

Mortgage Default

Communication

Advanced computer skills

Mathematical skills

Education

High School diploma

Job description

Fifth Third Bank in Cincinnati, OH is seeking a Foreclosure Analyst III to ensure timely and accurate completion of the Foreclosure process, coordinating with outside counsel and investors while managing a high-volume caseload.

The role involves calculating judgments, bid analysis, reviewing FCL-related invoices, and maintaining compliance with investor timelines. Strong mortgage-default knowledge and analytical skills are essential.