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Foreclosure Document Specialist II jobs in United States
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M&T Bank · 23 hours ago

Foreclosure Document Specialist II

M&T Bank is seeking a Foreclosure Document Specialist II to review and execute legal affidavits while minimizing risk. The role involves ensuring compliance with state laws and federal regulations, reviewing legal documents, and working with attorney firms to resolve discrepancies.
Financial Services

Responsibilities

Review a high volume of legal affidavits and associated backup documentation provided by Tier I Reviewer to ensure accuracy and compliance with state laws
Return affidavit to Tier I Reviewers if more information is needed
Responsible for reviewing all documents for factual accuracy and compliance with federal and state foreclosure requirements, including text summaries of various loan activities, historical financials, compliant letter mailings and state specific interest calculations
Review required letters/notices to ensure they were sent correctly and accurately reflected in all affidavits and certifications submitted for review
In addition, review the foreclosure status, bankruptcy status, and loss mitigation status of a loan and determine whether affidavits can be executed and sent to court to proceed with the foreclosure action
Review chain of mortgage assignments and note endorsements from origination through current holder to ensure proper foreclosure standing
Understand complex power of attorney agreements to identify when documents can be signed
Work with attorney firms to resolve any discrepancies while maintaining stringent turn times
Ability to understand legal explanations to determine when a concern has been properly explained or when an escalation is needed
Maintain knowledge of and compliance with different regulations for each state
Occasionally required to appear in court as a witness to attest to business records
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

Foreclosure experienceBanking/mortgage industry experienceParalegal CertificateBKFS MSP servicing platformLoanSphere Process ManagementWord processing softwareSpreadsheet softwareEmail softwareDetail orientedCommunication skillsTeam playerPositive attitude

Required

A combined 4 years' higher education and/or work experience, including a minimum of 2 years' banking/mortgage industry experience
Working knowledge of word processing, spreadsheet and email software
Excellent written and verbal communication skills
Detail oriented
Motivated, team player with a positive and friendly attitude

Preferred

Paralegal Certificate
Foreclosure experience
Knowledge of M&T Bank systems including BKFS MSP servicing platform and LoanSphere Process Management system

Company

M&T Bank

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Great companies have an enduring sense of purpose.

Funding

Current Stage
Late Stage

Leadership Team

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René Jones
Chairman & Chief Executive Officer
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Dan Saper
•Co-Founder/Co-Chairman of Welcome to M&T Bank Affinity Group, Western New York Chapter
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Company data provided by crunchbase