Foreclosure & Bankruptcy Associate

Description

General Job Summary

The Foreclosure/Bankruptcy Associate is responsible for completing bankruptcy processes while complying with investor and insurer regulations

Summary of Essential Job Functions

• Update Loan Information in the system to identify loans in bankruptcy
• Maintain Bankruptcy Timeline for all different bankruptcy chapters
• Process Proof of Claims – generate, review and file with the attorneys
• Review each bankruptcy Plan
• File and monitor Motion for Relief 
• Process Reaffirmation documents
• Process discharges and dismissals
• Maintain and monitor codes and comments in the servicing system for bankruptcy payments.
• Communicate with the borrowers, attorneys and Investors
• File and Track post-petition fee notices
• Post and monitor pre-petition and post-petition payments
• Review loans in bankruptcy for final cure
• Process payment change notices
• File and Track notice of payment change for escrow and arm changes.
• Maintain and coordinate incoming and outgoing mail, emails and calls.
• Provide back-up to monitor bankruptcy email.

Other Job Functions

• All other duties as assigned by management

Working Environment

Primary working environment is within an indoor climate-controlled office space. Employee may be subject to florescent lighting, dust, and other normal indoor-allergens. Employee will work in close proximity of coworkers and occasionally independently in quiet environments. 

Requirements

Education, Training and Work Experience

• High school diploma or GED
• 1 year Mortgage servicing experience desired
• At least 2 years telephone experience

Knowledge, Skills and Abilities

• Maintain & foster positive relationships with customers and business partners
• Complete all assigned training in a timely manner
• Provide professional communication in both oral & written expression
• Excellent leadership and management skills
• Excellent organizational, time management & analytical skills
• Able to communicate and negotiate effectively
• Ability to identify and implement solutions to improve productivity and resolve issues and problems
• Knowledge of mortgage banking terminology and regulations
• High degree of accuracy
• Able to work effectively under pressure
• Ability to work afternoon and evening hours

Physical Requirements

• Able to lift up to 20 pounds
• Travel by foot in outdoor environments where it can slippery/etc.
• Extended periods of sitting (at computer desk)
• Complete repetitive tasks (including operation of computer mouse/keyboard)

**University Bank is an Equal Opportunity / Affirmative Action Employer**