Mortgage Foreclosure & Bankruptcy Specialist

Mortgage Foreclosure & Bankruptcy Specialist

Sunflower Bank, N.A. is looking for an energetic, self-motivated individual to fill the full-time position of Mortgage Foreclosure & Bankruptcy Specialist at our Plano, Texas location.

The Mortgage Foreclosure & Bankruptcy Specialist position requires that the individual must have the experience and knowledge to manage both the foreclosure and bankruptcy processes in a "cradle to grave" format.

Responsibilities include:

• Monitors foreclosure & bankruptcy actions to ensure full compliance with investor guidelines, with heavy emphasis on Fannie Mae, Freddie Mac, FHA, VA and USDA protocols along with state/federal regulatory guidelines.
• Understands the different legal processes (judicial vs. non-judicial) to foreclose in our various states.
• Maintains foreclosure caseload and works all tasks, processes, events, issues, re-projections and holds are updated within the required deadlines.
• Provides clear verbal/written communication and timely responses with attorneys, trustees and investors.
• Manages vendor and attorney networks.
• Monitors and manages foreclosure & bankruptcy exception reports.
• Completes special projects on an as needed basis.
• Provides assistance to management in audits and loan level reviews.
• Coordinates with other departments to minimize losses and mitigate risk.
• Identifies quality compliance issues as they arise and provides the appropriate feedback to management.
• Coaches and provides on the job training for new hire peers within the foreclosure & bankruptcy department.
• Understands mortgage loan servicing and the default, foreclosure, bankruptcy and loss mitigation processes.
• Provide support to local and outside counsel to review and comment on court documents, assist in resolution of litigation matters and attorney inquiries, and consult with counsel on escalated borrower issues received by management.
• Coordinate and attend depositions, mediations, and trial date appearances with counsel.
• Promptly refer bankruptcy loans to the outside counsel to initiate the filing of a proof of claim, objection to plan, motion for relief, transfer of claims, and other bankruptcy-related actions.
• Verify/research borrower payment history and resolves payment posting discrepancies (i.e. Ledger Balancing) and ensure the company's system of record is updated accordingly.
• Maintains bankruptcy caseload and works all tasks, processes, events, issues, re-projections and holds are updated within the required deadlines.
• Perform other related duties as required and assigned.
• Demonstrate behaviors which are aligned with the organization's desired culture and values.
• Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company.
• Responsible for upholding Fair and Responsible Banking practices and Code of Ethics and Conduct guidelines.
• Understand and participate in the Bank's Community Reinvestment Act program.

Education / Experience Preferred:

• Experience with loan servicing system MSP and PACER is preferred.
• Must have excellent verbal and written communication skills.
• Must be committed to providing exceptional customer service.
• Ability to communicate courteously and effectively with borrower, clients, attorneys, other internal employees, and outside parties.
• Must be able to work with others.
• Must possess exceptional organizational skills.
• Attention to detail is a must.
• High-level proficiency in MS Office suite.
• Proficiency in internet research activities.

Working Conditions:

The physical demands of this position require the ability to perform essential job functions with or without reasonable accommodation. Employees may spend extended periods sitting or standing, using hands to operate computers or other equipment, and reaching for work-related tasks. Regular walking may be required, along with occasional bending, stooping, kneeling, or climbing. The role may involve lifting or moving items weighing up to 10 pounds. Vision requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus.

Sunflower Bank Benefits:

Associates enjoy outstanding benefits, including:

• 401(k) Plan with 6% Match
• Health/Dental/Vision Insurance
• Company-paid Life Insurance
• Tuition Reimbursement
• Fitness Reimbursement
• Paid Time Off
• Volunteer Leave
• Paid Holidays
• Plus many more associate perks & incentives!

EOE/AA: Minorities/Females/Disabled/Vets

Sunflower Bank, N.A. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.