Residential Mortgage Collector

Company: Fulton Bank
Location: Lancaster
Posted on: January 16, 2022

Job Description:

Overview
This is a full-time career opportunity that provides flexibility to work two days per week from our corporate headquarters in Lancaster, PA and remote the remainder of the week. Requires the ability to travel once or twice a month to local dealerships for floor plan audits.

Coordinates the review and collection of delinquent residential mortgage loans including mortgages owned by the secondary market. Ensures compliance with the rules and regulations associated with servicing of secondary market loans, to avoid mandatory repurchase for failure to adhere to requirements.
Responsibilities

Collection calling of all delinquent mortgage customers from five days delinquent to implementation of foreclosure action.
Identifying residential mortgage accounts requiring legal notice letters ACT, Fair Foreclosure, ensuring these letters are promptly mailed.
Coordinates effort with Foreclosure Administrator to implement foreclosure actions and to comply with the secondary servicing requirements relating to collection and reporting activity on these loans.
Develop and formalize workout plans on residential mortgages that are severely delinquent to ensure that plan promptly and properly addresses the workout issues.

Required Education
High School Diploma or equivalent.
Required Experience
3 or more years Collection in consumer or residential loans.PI160805214

Keywords: Fulton Bank, Lancaster , Residential Mortgage Collector, Other , Lancaster, Pennsylvania