Senior Foreclosure Specialist – Litigation & Compliance

M&T Bank Corporation; United States; Remote; USD 32,000 - 52,000; Full time

Job summary

M&T Bank Corporation is seeking a Foreclosure Oversight professional in the United States to monitor and guide the foreclosure process across assigned loans. The role ensures compliance with investor and regulatory guidelines while resolving issues with counsel and maintaining documentation.

The ideal candidate will have 4 years of combined education/experience, strong communication and analytical skills, and the ability to work collaboratively in a team environment.

Qualifications

• A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Default Servicing related field experience.
• Working knowledge of word processing and spreadsheet software.
• Strong written and verbal communication skills.
• Detail oriented.
• Strong analytical and problem solving skills.
• Ability to work effectively in a team environment.

Responsibilities

• Monitor progress of foreclosures through queues and reporting, ensuring team is effectively working their portfolios and compliance with state/federal and investor guidelines.
• Work with foreclosure attorney, outside counsel and/or in house counsel to resolve disputes involving property in which the bank or its investors have an interest.
• Serve as primary escalation contact for both associates on the team, attorneys and other departments.
• Work with Foreclosure team to ensure FHA 1st legal deadlines are met once the loan is referred to foreclosure, including filing and tracking of any necessary extension requests.
• Research, validate and update loans appearing on various foreclosure exception reports, including but not limited to No Dual Track, clean up and investor timeline reports.
• Provide approval of additional attorney fees beyond associate level approval limit.
• Maintain tracking and reporting of legal expense on litigation files outside of the foreclosure action.
• Perform QC review and approval of investor bidding instructions, ensuring adherence to investor/MI guidelines.
• Conduct regular 'side by sides' with team to discuss loan level issues and procedures.
• Conduct a review of all assigned loans at a minimum of every 30 days, including the updating of documentation and follow up.
• Ensure compliance with federal, state, regulatory and investor guidelines regarding foreclosure.
• Work with management to revise, update and implement procedure changes as well as create new procedures.
• Gather departmental information and assemble presentations for regular investor, regulatory and internal meetings.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Complete other related duties as assigned.

Skills

Strong written and verbal comms

Detail oriented

Analytical thinker

Team oriented

Education

4 years education/experience

Tools

Microsoft Word

Microsoft Excel

Job description

M&T Bank Corporation is seeking a Foreclosure Oversight professional in the United States to monitor and guide the foreclosure process across assigned loans. The role ensures compliance with investor and regulatory guidelines while resolving issues with counsel and maintaining documentation.

The ideal candidate will have 4 years of combined education/experience, strong communication and analytical skills, and the ability to work collaboratively in a team environment.