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Default Manager Jobs (NOW HIRING)

Default Specialist

Sandy, UT · On-site

$21.36 - $31.25/hr

... management in development and maintenance of vendor network Other duties as assigned Knowledge, Skills & Abilities Demonstrated knowledge of default loan servicing, especially evictions and REO ...

Manage a high-volume pipeline of foreclosure and default mortgage loans from referral through resolution, sale, reinstatement, or dismissal. * Monitor foreclosure timelines, bankruptcy holds ...

Default Specialist

Dallas, TX · On-site +1

$21.75 - $30/hr

This role involves managing key default-related responsibilities, coordinating communications, and providing operational support to both management and internal teams. What you'll do * Accept new ...

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Default Manager information

See salary details

$24.5K

$59.5K

$116K

How much do default manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for default manager in the United States is $59,525.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,000.00 and $68,500.00 per year, depending on experience, location, and employer.

What is the difference between Default Manager vs Loan Manager?

AspectDefault ManagerLoan Manager
Required CredentialsTypically a bachelor's degree in finance, banking, or related field; certifications like CAMS or AML are commonSimilar credentials, often with a focus on lending, credit analysis, and financial regulations
Work EnvironmentBanking institutions, financial services firms, or loan servicing companiesCommercial banks, mortgage companies, or credit unions
Employer & Industry UsageUsed in banking and financial sectors managing defaulted loans or credit riskUsed in lending institutions overseeing loan portfolios and credit approval processes

The Default Manager and Loan Manager roles share similar educational backgrounds and work environments within financial institutions. While the Default Manager focuses on managing defaulted loans and mitigating losses, the Loan Manager handles the origination, approval, and management of new loans. Both positions require financial expertise and are integral to the lending process, but their primary responsibilities differ in the loan lifecycle.

More about Default Manager jobs
What cities are hiring for Default Manager jobs? Cities with the most Default Manager job openings:
What are the most commonly searched types of Default jobs? The most popular types of Default jobs are:
What states have the most Default Manager jobs? States with the most job openings for Default Manager jobs include:
Default Call Center Team Lead

Default Call Center Team Lead

Planet Home Lending LLC

Irving, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted yesterday


Planet Home Lending rating

6.4

Company rating: 6.4 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

Join a winning team of innovative thinkers, seasoned mortgage professionals, and financial experts. Build your career at Planet-recognized as a Top Mortgage Employer by National Mortgage Professional.
Job Summary
The primary purpose of the Default Call Center Team Lead is to provide support to the Mitigation and Loan Counseling teams, give optimum service to all investors as well as providing assistance to Mitigation/Loan Counseling Supervisor and Manager with all staff level duties.
Essential Duties and Responsibilities
  • Coordinates with internal staff and customers as appropriate to negotiate and arrange resolution of defaulted loans. Utilizes creativity in determining and recommending alternative collection or loss mitigation methods such as modifications, short sales, deeds in lieu of foreclosure, reinstatements, in the most cost-effective manner.
  • Provides assistance to the Mitigation/ Loan Counseling Team in relation to all aspects of mitigation and collection in conjunction with mitigation/loan counseling Supervisor and Manager.
  • Provides assistance to Mitigation/Loan Counseling Supervisor and Manager with training/coaching/mentoring of existing and new employees as well as monitoring adherence to attendance and queue activity requirements.
  • Responds to escalated calls/answers team and borrowers questions in a timely fashion.
  • Remains diligent in encouraging team members to meet all internal goals and to monitor those goals to ensure they are met.
  • Analyzes mortgagors for approval of default workouts such as repay plans, stipulations and modifications.
  • Oversees short sale process and ensure timely completion of all submitted requests.
  • Maintains required records for staff submitted repayment plans, forbearance plans, trial plans, modifications, short-sales, deeds in lieu of foreclosure, and reinstatements.
  • Remains knowledgeable of foreclosure, modification, and collection laws and regulations of each state for the portfolio assigned.
  • Performs miscellaneous duties as assigned.

Position Requirements
Education
  • High School diploma or GED equivalent required

Experience
  • Minimum of 5 years experience in mortgage loss mitigation

Functional/Technical Skills
  • Demonstrated strong leadership skills
  • Excellent written and verbal communication skills
  • Demonstrated strong interpersonal skills. Ability to interact effectively with internal clients across departments and locations.
  • Current, strong working knowledge of mortgage loan workout options (i.e. loan modifications, short sales, deed-in-lieu and foreclosure)
  • Ability to solve problems with a sense of urgency by recognizing opportunities, understanding risk and acting quickly to overcome obstacles and reach a solution.
  • Knowledge of default management guidelines of mortgage investors including FHLMC, FHA, VA, and FHA.
  • Ability to organize, prioritize, and distribute workload for optimum efficiency
  • Ability to act and work independently with minimal supervision
  • Works well with others
  • Ability to provide objective, constructive feedback
  • Knowledge of MSP servicing system

Environmental/Physical Demands
Work is typically performed in a standard office environment. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sustain predictable work attendance, communicate with others, frequently required to stand, walk, sit, and use arms, hands and fingers to reach, handle or touch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.
Pursuant to the Americans with Disabilities Act, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of an employee. The Company reserves the right to amend or modify this document at any time and without notice.
Benefits
Our benefits package includes 3 comprehensive Cigna or Kaiser medical plans, dental, and vision insurance. We provide short term and long-term disability insurance, basic life insurance, 401(k), and 11 employer paid holidays. In addition, we offer supplemental benefits to include life insurance, critical illness and accident plans.
Planet Home Lending does not accept unsolicited resumes or candidate submissions from recruiters or employment agencies. In the absence of an enforceable, fully executed agreement for a specified position, Planet Home Lending has no obligation to pay any compensation or recruiter fee of any kind. In the event a recruiter, agency or other similar third-party submits a resume or candidate without a valid binding agreement, Planet Home Lending explicitly reserves the right to pursue and hire those candidate(s) without any obligation or compensation to the referring party. Any unsolicited resumes, referrals, or candidate submissions, including those communicated to a member of the Human Resources team or a hiring manager, shall be deemed the property of Planet Home Lending. If you or your agency would like to be considered as a future recruiting partner, please email HR-Recruiting@planethomelending.com.