M&T Bank

Foreclosure Specialist II

United States

M&T Bank Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Mortgage ServicesIndustries

Requirements

Candidates must possess a Bachelor's degree in Finance, Business Administration, or a related field, and have a minimum of three years of experience in foreclosure or mortgage servicing, with demonstrated knowledge of foreclosure processes and regulations. Strong analytical and problem-solving skills are essential, along with proficiency in Microsoft Office Suite and experience with mortgage servicing systems.

Responsibilities

The Foreclosure Specialist II will oversee the entire foreclosure process for assigned loan portfolios, including monitoring progress, communicating with attorneys, resolving disputes, and providing status updates to investors. They will generate reports, ensure compliance with investor guidelines and legal deadlines, prepare bidding instructions, manage payments, review documents, analyze equity positions, and maintain accurate records while adhering to compliance standards and operational risk controls.

Skills

Foreclosure process management
Legal documentation review
Communication with attorneys
Report generation
Investor deadline management
Title issue resolution
Invoice processing
W-9 and payee setup
Equity analysis
Regulatory compliance

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Key Metrics

Buffalo, New YorkHeadquarters
1993Year Founded
IPOCompany Stage
Financial ServicesIndustries
10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.
Integration challenges from the United Bank merger may disrupt operations.
Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.
The bank offers a wide range of traditional and digital banking services.
Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.
Decreased prime rate may attract more borrowers, increasing loan volume.
Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

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