Mortgage Foreclosure Specialist: Process & Compliance

M&T Bank Corporation; Getzville (NY); On-site; USD 43,000 - 71,000; Full time

Job summary

M&T Bank Corporation is seeking an experienced Foreclosure Operations professional to manage the foreclosure process for a portfolio of mortgage loans and oversee related administrative tasks. The role involves coordinating with foreclosure attorneys, ensuring timely action, and generating investor and regulatory reports.

Responsibilities include monitoring actions from referral to post-foreclosure, resolving simple contested litigation, preparing bidding instructions, reviewing appraiser

Qualifications

• Minimum 3 years combined higher education and/or work experience, incl. 1 year Default Servicing.
• Working knowledge of word processing and spreadsheet software.
• Strong written and verbal communication skills.
• Detail oriented.
• Strong analytical and problem solving skills.
• Motivated, team player with a positive and friendly attitude.

Responsibilities

• Monitor progress of the foreclosure action from referral to post foreclosure, including management of issues raised, holds placed and review/research needed to complete the foreclosure action.
• Communicate with foreclosure attorneys to understand, minimize and avoid delays during the foreclosure.
• Work with foreclosure attorney to resolve simple contested/litigation actions and title issues to allow completion of the foreclosure action.
• Provide necessary status updates to investors during the foreclosure process.
• Assemble and provide documentation in response to investor or regulatory audit requests.
• Generate various scheduled and ad hoc reports as needed for Foreclosure, including but not limited to monthly scorecard reporting, exception reporting, and workflow tracking reports.
• Ensure investor deadlines within the foreclosure are met, including but not limited to FHA 1st legal deadlines and FHA eviction 1st legal deadlines.
• Prepare bidding instructions according to investor guidelines and ensure proper bidding for sales where M&T’s lien is not in first position.
• Review VA appraiser invoices for payment.
• Obtain necessary W-9, set up payee header and submit invoice for payment.

Skills

Communication skills

Analytical thinking

Detail oriented

Team player

Education

3 years higher education/work experience

Default Servicing experience

Tools

Microsoft Word

Excel

Job description

M&T Bank Corporation is seeking an experienced Foreclosure Operations professional to manage the foreclosure process for a portfolio of mortgage loans and oversee related administrative tasks. The role involves coordinating with foreclosure attorneys, ensuring timely action, and generating investor and regulatory reports.

Responsibilities include monitoring actions from referral to post-foreclosure, resolving simple contested litigation, preparing bidding instructions, reviewing appraiser