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Foreclosure Milestone Processor - 3DIHR in Getzville, NY at M&T Bank

Date Posted: 5/23/2018

Job Snapshot

Job Description

The Opportunity:
This position is responsible for managing the foreclosure process for an assigned portfolio of mortgage loans, contested foreclosures or loans in other litigation to ensure foreclosure is completed timely in accordance with investor guidelines and for providing administrative support related to the foreclosure process.

Primary 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 process. Work with foreclosure attorney to resolve simple contested/litigation actions to allow completion of the foreclosure action.
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.
Conduct a review of all assigned loans at a minimum of every 30 days, including the updating of documentation and follow up.
Provide sale results to investor, MI companies and other necessary parties, updating systems as required.
Request checks for disbursement of bid deposit, senior lien payoff and settlements.
Monitor post foreclosure loans placed in HUD Claims without Conveyance of Title 2nd Chance program, to ensure required time lines are met including communication with Auction vendor, filing of necessary extensions and working with Property Preservation if conveyance is needed.
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 diversity and reflects the M&T Bank brand.
Complete other related duties as assigned.
Associate’s degree or in lieu of a degree, 2 years' relevant work experience
Minimum 2 years Default Servicing related field experience (e.g., Collections, REO, Loss Mitigation), or in lieu of a degree, a combined 4 years’ higher education and/or work experience, including a minimum of 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.
Motivated, team player with a positive and friendly attitude.
Bachelor's Degree
Minimum 3 years’ Default Servicing related field experience (e.g., Collections, REO, Loss Mitigation).
Prior departmental experience
One year accounting or finance experience
Proven ability to work effectively in a team environment.
Knowledge of bank and departmental systems.
Understanding of mortgage product including home equity loans and lines of credit.
Experience reading and comprehending the contents of legal documents.
About M&T:
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future. 
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.