Job Summary The Loan Administration Analyst/Corporate Witness purpose is to: process requests for custodial documents (assignments of mortgage and endorsed notes), 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.
Process collateral document requests, including handling and tracking original loan collateral.
Review and execution of documents pertaining to Loss Mitigation, Foreclosure, Bankruptcy and Litigation specifically Affidavits, Complaints, Declarations and Certifications.
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
Ensures compliance with applicable federal, state and local laws and regulations. Completes all required compliance training. Maintains knowledge of and adhere to Flagstar's internal compliance policies and procedures. Takes responsibility to keep up to date with changing regulations and policies.