Mortgage Foreclosure Coordinator
F.N.B. Corporation · Pittsburgh, PA · 1 wk ago
FinanceFull-time
Primary Office Location
626 Washington Place.
Pittsburgh, Pennsylvania.
15219.
Position Overview
This position is primarily responsible for the day-to-day handling of mortgage secured loans in late stage delinquency, including but not limited to collections, loss mitigation and foreclosure management.
Primary Responsibilities
- Maintains foreclosure loans and ensures foreclosure actions are completed in a timely manner according to investor and insurer, state and regulatory guidelines.
- Designs strategies to minimize losses via management of attorneys and enhance the foreclosure process.
- Manages assigned queued accounts by setting appropriate follow-up and next steps to adhere to investor/Bank guidelines and procedures.
- Conducts field maintenance within the servicing and collection system to ensure adherence to FCRA and Bank policies related to status fields.
- Completes equity analysis and recommends courses of action such as charge-offs/legal actions.
- Ensures collection system documentation related to all collection, loss mitigation and foreclosure calls, emails and written communication.
- Reviews and approves vendor invoicing.
- Serves as a Bank representative at hearings, depositions and mediations.
- Maintains attorney communication via phone/email.
- Manages compliance related aspects of the residential mortgage division to ensure functions conform to CFPB, OCC, SCRA, FCRA, FDCPA and other state, federal and Bank requirements.
- Performs special projects and reporting required by investors such as FHLMC/FNMA/FHLB.
- Maintains current data of new and pending laws and regulations directly affecting the division.
Minimum Education and Experience
- High School or GED
- 5 years of experience
Special Skills
- Excellent organizational, analytical and interpersonal skills
- Excellent customer service skills
- Excellent project management skills
- Ability to work and multi-task in a fast-paced environment
- Intermediate level proficiency in MS Word and MS Excel
- Bachelor's or Master's degree preferred
- Experience in servicing GSE-Portfolio Foreclosure, Bankruptcy and Collection loans
- Familiarity with general mortgage servicing practices
- Excellent negotiation skills
Physical Requirements
N/A
EEO Statement
F.N.B. Corporation (FNB) and its affiliates are committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. FNB provides all applicants and employees a discrimination and harassment free workplace. FNB does not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.