Job Description: Job Summary Flagstar Bank is looking for an intern to join our Servicing team over the summer. As a Flagstar Intern you will have the opportunity to learn the daily functions and operations of our Servicing department. During this time you will interact with team members and leaders to gain real-world experience by working alongside our team to learn our processes and improve efficiencies while expanding on the core concepts introduced throughout your college classes. Throughout your internship you will participate in multiple engagement sessions designed to enhance your career outlook, communication skills, and business knowledge.
Reconcile daily GL.
Process commercial payments and advances.
Perform daily rate changes.
Perform daily maintenance on commercial loans such as setting up auto debit, updating billing schedules, updating various required codes.
Assist payoff and mortgage release process.
High School Diploma, GED, or foreign equivalent required.