Flagstar Bank

Loan Admin Corp Witness

No longer accepting applications

Position Title

Loan Admin Corp Witness

Location

Troy/5151 Corporate Drive/112300

Job Summary

The Loan Administration Analyst/Corporate Witness purpose is to: review and execute testimonial documents pertaining to Loss Mitigation, Foreclosure, Bankruptcy and Litigation, and to represent the bank as a witness for litigated matters at trials and depositions to avoid monetary loss and reputational risks associated with mortgage loan servicing.

Job Responsibilities:

  • Review and execution of documents pertaining to Loss Mitigation, Foreclosure, Bankruptcy and Litigation.
  • Acting as a corporate witness at trials and depositions for litigated matters, representing Foreclosure and Bankruptcy departments and processes. Leveraging in-depth system knowledge to interpret underlying facts in support of cases pending against the Bank.
  • Collaborating and communicating with default team, Attorneys, Record Custodians and other internal teams, to assist in the continued development of a best in class default servicing oversight operation

Job Requirements:

  • HS Diploma, GED or Foreign Equivalent required, Bachelor’s degree preferred
  • Minimum 2 years of experience working with legal mortgage/real estate documents, preferably in Loss Mitigation, Foreclosure, Bankruptcy, legal, and/or Corporate Witness.
  • Preferred, strong understanding of best practices in Mortgage Banking industry-wide Servicing Operations (end-to-end) as well as regulatory expectations.
  • Ability to effectively present information to all levels within the organization from executive management to front line employees
  • Preferred, experience working with servicing systems, preference to Black Knight Servicing Systems.
  • Seniority level

    Entry level
  • Employment type

    Full-time
  • Job function

    Finance and Sales
  • Industries

    Banking

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