Foreclosure Document Specialist II

About the Role

This position’s main responsibility is to review and execute legal affidavits and minimize risk for M&T Bank. The role involves interacting with internal CAM departments and external third-party attorney firm vendors.

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.
• Review 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.
• 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.
• 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 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.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Complete other related duties as assigned.

Requirements

• 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 Qualifications

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

Pay

The pay range for this position is $22.61 - $37.67 hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Getzville, New York, United States of America