Monitor progress of foreclosures through queues and reporting
Work with foreclosure attorney, outside counsel and/or in house counsel to resolve disputes
Serve as primary escalation contact for associates on the team and attorneys
Work with Foreclosure team to ensure FHA 1st legal deadlines are met
Research, validate and update loans on foreclosure exception reports
Provide approval of additional attorney fees
Maintain tracking and reporting of legal expenses
Perform QC review and approval of investor bidding instructions
Conduct regular ‘side by sides’ with team
Conduct a review of all assigned loans at a minimum of every 30 days
Ensure compliance with federal, state, regulatory and investor guidelines
Work with management to revise, update and implement procedure changes
Gather departmental information and assemble presentations for regular meetings
Maintain M&T internal control standards

A combined 4 years’ higher education and/or work experience
2 years’ Default Servicing related field experience (e.g., Collections, REO, Loss Mitigation)
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
3 years’ Default Servicing related field experience preferred
Proven leadership ability
Knowledge of bank and departmental systems
Understanding of mortgage product including home equity loans and lines of credit
Experience training new staff and implementing procedures and process changes

Foreclosure Specialist – III

Key skills