M&T Bank · 5 hours ago
Foreclosure Specialists III
Getzville, NY
Full-time
Hybrid
Mid, Senior Level
$22.61/hr - $37.67/hr
2+ years expM&T Bank is a financial institution seeking a Foreclosure Specialist III to oversee the foreclosure process for loans. The role involves monitoring foreclosures, providing expertise to the team, handling escalated issues, and managing a portfolio of loans in complex litigation.
Financial Services
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
Qualification
Required
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
Ability to work effectively in a team environment
Preferred
3 years' Default Servicing related field experience (e.g., Collections, REO, Loss Mitigation)
Proven leadership ability
Knowledge of bank and departmental systems
Understanding of mortgage product including home equity loans and lines of credit, general operation and systemic functions including payment allocation and escrow
Experience training new staff and implementing procedures and process changes
Company
M&T Bank
Great companies have an enduring sense of purpose.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
René Jones
Chairman & Chief Executive Officer
Dan Saper
•Co-Founder/Co-Chairman of Welcome to M&T Bank Affinity Group, Western New York Chapter
Recent News
2025-10-07
2025-10-06
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