Loan Admin Corp Witness at Flagstar Bank, N.A. in Troy, Michigan

Job Description:

Position Title
Loan Admin Corp Witness

Location
Headquarters-Troy, MI

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 of 4 years of experience in the Loss Mitigation, Foreclosure, Bankruptcy and/or Corporate Witness field with detailed understanding of banking specifically default servicing.


• 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


• Minimum 4 years' experience in servicing systems, preference to Black Knight Servicing Systems.


• Understanding of real property title, legal documents related to property, and contracts.


• Strong communication, client service and time management skills.


• Ability to communicate policies and procedures with clarity to Judges and Attorneys involved in trials/depositions.


• Ability to travel.


• Experience with Mortgage Servicing Software (including MSP and LPS Desktop).


• Strong analytical and technical skills including Excel.