Job Description:

Default Specialist

Job Locations

US-PA-Lancaster | US-VA-Virginia Beach | US-MD-Columbia | US-NJ-Mt Laurel | US-DE-Wilmington

Requisition ID

2020-14564

# of Openings

1

Location Name

Corporate Headquarters

Category

Institutional Asset Management

Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company and every success we experience begins with them. We hire team members who raise the bar, who are collaborative and inclusive, who build relationships, and who are looking for a long-term career with Fulton Bank. We strive to promote a culture of work-life balance, to unplug and recharge to be your best self, at work and at home.

Overview

This is a full-time career opportunity that can be based out of any of our available office locations throughout our five state footprint.

The primary responsibility of this position is to manage and monitor all aspects of defaulted residential and consumer mortgage accounts in loss mitigation, foreclosure and bankruptcy status in accordance with applicable governmental laws and regulations.

Responsibilities

Respond to incoming calls from borrowers who have questions on their default process and how to reinstate or payoff the account to resolve delinquency, mediate conflicts on the behalf of the borrower between the default areas and ensure that delinquent and current accounts are assigned and de-assigned correctly
- Receive, review, analyze and process loss mitigation applications to determine the appropriate foreclosure prevention workout for the borrowers
- Evaluate and approve foreclosure recommendations from Collections, prepare and execute legal documents in support of the foreclosure and litigation process and coordinate foreclosure bidding instructions and Other Real Estate (ORE) transfers
- Correspond with attorneys, borrowers, collectors, appropriate internal team members and management during the foreclosure and litigation process
- Monitor the entire bankruptcy process to include preparation of proof of claims, accurate and timely filing with bankruptcy courts and motion preparation for relief of delinquent accounts
- Monitor and track files assigned to the Bank's outside law firms for accuracy and timely processing of bankruptcy documents. Process daily bankruptcy notification from Pacer through the Special Assets application to notify appropriate internal departments of new bankruptcy notices
- Apply and ensure adherence to Consumer Finance Protection Bureau (CFPB) mortgage servicing regulations, investor and Government Sponsored Enterprise (GSE) guidelines

Qualifications

Required Education
High School Diploma or equivalentRequired Experience
3 or more years Default, Foreclosure, Loss Mitigation & Bankruptcy.

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

EEO Statement

Fulton Bank (\\"Fulton\\") is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

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