Mortgage Bankruptcy Specialist II
Core
Manage outside counsel timelines and supplement legal support by researching legal precedents, investigating mortgage loan histories, and interpreting bankruptcy filings to protect bank and investor assets.
Role type
Senior IC mortgage bankruptcy specialist
Builds
Legal defenses and claims for residential mortgage investors (Freddie Mac, Fannie Mae, HUD, VA)
Domain
Banking / Mortgage Servicing / Bankruptcy Law
Required skills
Federal bankruptcy law knowledge, mortgage servicing restrictions, RESPA/CFPB/FCRA regulations, PACER system monitoring, complex payment dispute resolution, loan documentation auditing, legal research, analytical decision-making
Preferred skills
State/local jurisdiction bankruptcy requirements, Microsoft Access/Excel proficiency, team collaboration
Technologies
PACER, Microsoft Access, Microsoft Excel, Microsoft Word, Microsoft Outlook, Microsoft PowerPoint
Responsibilities
Evaluate account characteristics against legal precedents to identify potential losses; Create Proofs of Claim ensuring asset recoverability; Monitor U.S. Bankruptcy Court System PACER for case updates; Apply payments from borrowers and trustees to appropriate balances; Research lost or misapplied payments; Resolve complex issues involving payment disputes and escrow discrepancies; Audit accounts for errors and update records; Communicate critical information to customers and counsel; Adhere to investor servicing requirements for coding and reporting.
Seniority
Mid-level, hands-on IC