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Default Management Jobs (NOW HIRING)

Chief Risk Officer

Chicago, IL · On-site

$259.25 - $320.25/hr

Conduct default management planning and testing with clearing members and exchange liquidity providers to ensure adequate resources to manage possible defaults. * Lead Credit and Margin Committees ...

Showing results 21-40

Default Management information

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$18

$42

$73

How much do default management jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for default management in the United States is $42.89, according to ZipRecruiter salary data. Most workers in this role earn between $28.85 and $53.61 per hour, depending on experience, location, and employer.

What is Default Management?

Default Management refers to the processes and strategies that financial institutions use to handle borrowers who are unable to meet their loan obligations. This includes identifying at-risk accounts, providing solutions like loan modifications or repayment plans, and, if necessary, managing collections or foreclosure. The goal is to minimize losses for the lender while helping borrowers find a way to resolve their debt. Default Management professionals often work in banking, mortgage, or credit sectors. Their work helps maintain the financial health of both the lender and the borrower.

What are some common challenges faced by professionals in Default Management, and how can they be addressed?

Professionals in Default Management often encounter challenges such as handling high volumes of delinquent accounts, navigating complex regulatory requirements, and balancing empathy with the need for recovery. Successfully addressing these challenges requires strong organizational skills, up-to-date knowledge of industry regulations, and effective communication with borrowers and internal teams. Many organizations provide ongoing training and support to help Default Management specialists stay current and manage workloads efficiently, fostering a collaborative environment that encourages problem-solving and professional growth.

What are the key skills and qualifications needed to thrive in Default Management, and why are they important?

To excel in Default Management, you need a solid understanding of financial principles, loan servicing, and risk assessment, often supported by a degree in finance or a related field. Familiarity with loan management software, credit reporting systems, and compliance regulations such as FDCPA is typically required. Strong negotiation, problem-solving, and communication skills help professionals navigate sensitive borrower interactions and collaborate with internal teams. These competencies ensure effective mitigation of financial losses, regulatory compliance, and the maintenance of positive client relationships.
More about Default Management jobs
Infographic showing various Default Management job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $89,220 per year, or $42.9 per hour.

Title Clearance Coordinator, Default Pre-Foreclosure

Mortgage Connect

Coraopolis, PA • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 12 days ago


Mortgage Connect rating

7.6

Company rating: 7.6 out of 10

Based on 12 frontline employees who took The Breakroom Quiz


Job description

Overview
As a Title Clearance Coordinator, Default Pre-Foreclosure, you are responsible for reviewing title reports and related documentation, identifying title defects, filing title claims when appropriate, and coordinating timely resolution of title issues before foreclosure sale. This role requires extreme attention to detail, strong follow-up discipline, sound judgment, and the ability to manage a high-volume pipeline while maintaining accuracy, organization, and timely follow-up in support of client, investor, agency, and regulatory timelines.
What you will do
Default Pre-Foreclosure Title Clearance and Curative
  • Review pre-foreclosure title reports, title commitments, vesting documents, legal descriptions, liens, judgments, prior mortgages, assignments, releases, mobile home issues, and related documentation to identify items that must be cured before foreclosure sale or claim submission.
  • Analyze title issues, determine appropriate curative steps, and manage title curative matters from intake through final resolution.
  • File title claims on behalf of clients, prepare claim documentation, follow up with title insurers, and track claim status through resolution.
  • Apply state-specific curative knowledge and understand that curative approaches may vary by jurisdiction, foreclosure process, investor requirements, and title issue type.
  • Work with attorneys, title vendors, clients, servicers, investors, agencies, and internal business partners to cure default and pre-foreclosure title issues.
  • Review, document, and escalate title issues that may delay foreclosure, create foreclosure sale risk, impact claim eligibility, or affect client timelines.

Reporting, Pipeline Management, and Quality Assurance
  • Utilize reports, queues, dashboards, client systems, and internal platforms to manage a high-volume pipeline of default and pre-foreclosure title clearance and curative files.
  • Perform daily follow-up on outstanding title curative items, vendor requests, attorney updates, title claim documentation, and client or investor requirements.
  • Maintain accurate file notes, status updates, documentation, and audit-ready records reflecting title review findings, clearance efforts, and resolution steps.
  • Review work for accuracy, completeness, and adherence to process requirements before files move forward in the foreclosure, curative, claim, or resolution process.

Communicate and Collaborate
  • Respond to emails, system tasks, vendor requests, and phone inquiries in a timely and professional manner.
  • Act as a liaison and work closely with clients, the client's foreclosing attorneys, title vendors, internal staff, outside agencies, and other stakeholders involved in default and pre-foreclosure title clearance and curative matters.
  • Communicate openly and respectfully with clients, the client's foreclosing attorneys, team members, vendors, and leaders regarding title status, risks, escalations, claims, and next steps.
  • Support client and lender relationships by providing timely updates, accurate information, and proactive issue resolution.
  • Additional duties, as assigned.

What you will bring
  • High School diploma or equivalent
  • 1-5 years of experience in default servicing, title clearance, foreclosure, pre-foreclosure curative, title claims, mortgage servicing, or related real estate/mortgage operations
  • Working knowledge of real estate titles, pre-foreclosure title review, deed and vesting issues, legal descriptions, liens, judgments, prior mortgages, assignments, releases, and title curative processes
  • Familiarity with investor and agency timelines or requirements, including FHA/HUD and VA curative, conveyance, and claim-related guidelines, preferred
  • Strong customer service focus and ability to communicate effectively with clients, attorneys, vendors, and internal partners
  • Ability to work in a fast-paced, high-volume environment, manage competing priorities, and meet strict deadlines
  • Exceptional attention to detail, follow-up discipline, documentation accuracy, and ownership of files from start to finish
  • Self-motivated: ability to work with minimal supervision
  • Capability to work both independently and as part of a team
  • Ability to work overtime, as needed
  • Problem-solving mindset with ability to identify risks, escalate issues, and multitask
  • Proficiency with computers, including Microsoft Office and mortgage servicing, title production, or default management systems

What we offer
  • Competitive payrates based on skills and experience
  • Extensive benefits package: Medical, dental, vision, HSA, mental health programs, Employee Assistance Program, short term disability, voluntary insurance (LTD, auto, home, life, legal, pet, identify theft), employee discounts
  • Rest and relaxation: Paid holidays and generous PTO based on tenure
  • Community and Philanthropy: Paid volunteer time
  • Paid Maternity and Parental Leave
  • Contribute to your future: 401K plan and robust continuous learning opportunities
  • Work Perks Program: Access to discounts that help save money in your daily life

For California, Colorado, and New York applicants, the pay range is $21hr - $25hr
Is this the ideal location for you?
Mortgage Connect is committed to offering a flexible work environment for this role. This is a remote role, meaning you have the flexibility to work from home. (Remote work is subject to Mortgage Connect's remote work policy and business needs.)
Who we are
Mortgage Connect is a national mortgage service provider specializing in assisting mortgage lenders with a multitude of services they need in connection with a loan. Our entrepreneurial mindset allows us to differentiate ourselves in the market through continuous improvement and innovation, as well as our diversified suite of product offerings. Our people are driven and committed to our cultural values we call "The 5C's": Connect, Collaborate, Communicate, Care, and Celebrate. We take these seriously and coming on board with us means you agree to adopt these values in your everyday work life with us.
All onboarding employees will be required to complete a pre-employment background check and drug screening.
We are an Equal Opportunity employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws. Mortgage Connect is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, contact HR@mortgageconnectlp.com

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