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Foreclosure Specialist Jobs (NOW HIRING)

M&T Bank

Foreclosure Specialist II

$20.55 - $34.25/hr

Monitor progress of the foreclosure action from referral to post foreclosure, including management of issues raised, holds placed and review/research needed to complete the foreclosure action.

Selene Holdings

Foreclosure Specialist II

Dallas, TX · On-site

Position Summary: The Foreclosure Specialist II is responsible for monitoring and managing the foreclosure process pursuant to investor, insurer and state guidelines. Essential Duties and ...

M&T Bank

Foreclosure Specialist II

$20.55 - $34.25/hr

Monitor progress of the foreclosure action from referral to post foreclosure, including management of issues raised, holds placed and review/research needed to complete the foreclosure action.

M&T Bank

Foreclosure Specialist III

$22.61 - $37.67/hr

Work with foreclosure attorney, outside counsel and/or in house counsel to resolve disputes involving property in which the bank or its investors have an interest. * Serve as primary escalation ...

M&T Bank

Foreclosure Specialist III

$22.61 - $37.67/hr

Work with foreclosure attorney, outside counsel and/or in house counsel to resolve disputes involving property in which the bank or its investors have an interest. * Serve as primary escalation ...

M&T Bank

Foreclosure Specialist III

$22.61 - $37.67/hr

Work with foreclosure attorney, outside counsel and/or in house counsel to resolve disputes involving property in which the bank or its investors have an interest. * Serve as primary escalation ...

LoanCare

Foreclosure Specialist II- Timeline Team

$17.88 - $26.73/hr

Overview JOB SUMMARY The Foreclosure Specialist II position will report to the Foreclosure Supervisor. The incumbent is responsible for working directly with governmental, special servicing, private ...

Newrez

Foreclosure Specialist I (On-site)

Tempe, AZ · On-site

Primary Function The Foreclosure Specialist I monitors and processes accounts that are in the foreclosure process. Principal Duties * Completes pre-foreclosure reviews to ensure loans are referred ...

M&T Bank

Foreclosure Specialist III

$22.61 - $37.67/hr

Work with foreclosure attorney, outside counsel and/or in house counsel to resolve disputes involving property in which the bank or its investors have an interest. * Serve as primary escalation ...

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Foreclosure Specialist information

See salary details

$32.5K

$57.1K

$102K

How much do foreclosure specialist jobs pay per year?

As of Aug 22, 2026, the average yearly pay for foreclosure specialist in the United States is $57,098.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $73,500.00 per year, depending on experience, location, and employer.

What does a foreclosure specialist do?

A foreclosure specialist monitors and manages the foreclosure process for a piece of real estate. Your duties include ensuring that all aspects of the foreclosure meet federal, state, and local regulations. You prepare foreclosure documents and obtain title records and other records required for foreclosure processing. You take the steps necessary to ensure that the process meets all deadlines and communicate with vendors, attorneys, and authorities when needed. In some cases, your responsibilities can include working with mortgage holders who are at risk of default. In these cases, you may negotiate changes to the loan agreement that can help them avoid foreclosure.

What are the key skills and qualifications needed to thrive as a foreclosure specialist, and why are they important?

To thrive as a Foreclosure Specialist, you need a solid understanding of mortgage processes, foreclosure laws, and financial documentation, often supported by experience in real estate, finance, or a related field. Familiarity with loan servicing software, document management systems, and platforms like MSP or LPS is typically required. Strong organizational skills, attention to detail, and effective communication help you manage complex cases and interact with borrowers and legal professionals. These skills ensure timely, accurate processing of foreclosures while maintaining compliance and minimizing risk for financial institutions.

What are some common challenges faced by foreclosure specialists, and how can they be managed?

Foreclosure Specialists often encounter challenges such as managing high caseloads, keeping up with constantly changing regulations, and communicating effectively with distressed borrowers. Staying organized and detail-oriented is essential, as missing a deadline or document can delay proceedings and result in legal complications. Building strong relationships with legal teams, loan officers, and external vendors can help streamline the process and ensure compliance. Proactive communication and empathy when dealing with homeowners can also reduce conflict and lead to more positive outcomes.

What is the difference between Foreclosure Specialist vs Loan Processor?

AspectForeclosure SpecialistLoan Processor
Required CredentialsKnowledge of foreclosure laws, certifications may include foreclosure or real estate licensesLoan processing certifications, mortgage licensing (e.g., NMLS)
Work EnvironmentMortgage companies, banks, or law firms handling foreclosure casesMortgage lenders, banks, or credit unions processing loan applications
Employer & Industry UsagePrimarily in real estate, banking, and legal sectorsFinancial institutions, mortgage companies, real estate firms
Common Search & ComparisonOften compared due to overlapping mortgage and real estate knowledgeRelated roles in mortgage processing and loan management

While both roles operate within the mortgage and real estate industry, a Foreclosure Specialist focuses on managing and resolving foreclosure cases, whereas a Loan Processor handles the review and approval of mortgage loan applications. Understanding these differences helps job seekers identify the right career path based on their skills and interests.

More about Foreclosure Specialist jobs

What cities are hiring for Foreclosure Specialist jobs?

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For Foreclosure Specialist jobs, the most frequently searched job titles are:

Foreclosure Specialist jobs near you
Infographic showing various Foreclosure Specialist job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $57,098 per year, or $27.5 per hour.

Senior Foreclosure Specialist

Rocket Mortgage, LLC

Lake Forest, CA • On-site

$80K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 2 days ago

Rocket Mortgage rating

8.5

Company rating: 8.5 out of 10

Based on 60 frontline employees who took The Breakroom Quiz

30th of 151 rated financial services

Job description

Must live within a commutable distance to Lake Forest, CA office for in-office responsibilities.
Senior Foreclosure Timeline Specialists manage the advanced default pipeline that is in, near, or avoiding foreclosure. The Senior Foreclosure Timeline Specialist works in a team of other Specialists and support staff to complete tasks as needed to resolve impediments and escalate issues for resolution on active foreclosure loans.
About the Role
  • Work with law firms and title companies to gather/produce documents needed
  • Access various systems to obtain necessary documentation - including ICE/Desktop, Filenet, and other proprietary reports
  • Communicate clearly with all parties on updates and necessary items
  • Provide support and guidance to all clients, attorneys and team members while working through loan level details to support functions such as document creation, research, bidding, and issue resolution
  • Manage work queues for foreclosure by following all associated rules and working with a sense of urgency
  • Assists with escalated items to drive toward resolution
  • Provide support and guidance to all clients, attorneys and team members while working through loan level details
  • Manage work queues for foreclosure by following all associated rules and complying with investor guidelines
  • Consistently meet minimum production goal numbers and quality metrics
  • Find potential solutions to escalated loans using available resources
  • Identify patterns and trends for areas of opportunity on the team

About You
Preferred Qualifications
  • Established network of industry relationships, including mortgage servicers, attorneys, title companies, compliance providers, and other third-party vendors.
  • Strong understanding of mortgage servicing, loan resolution strategies, investor guidelines, and default management practices.
  • Knowledge of financial markets, credit and risk management principles, and the impact of market, liquidity, leverage, and operational risks on portfolio performance.
  • Advanced proficiency in Microsoft Excel, including the ability to analyze large datasets and support portfolio-level decision making.
  • Demonstrated experience in loan retention and non-retention strategies, including modifications, repayment plans, forbearance agreements, short sales, deeds-in-lieu of foreclosure, foreclosure management, bankruptcy proceedings, litigation oversight, and regulatory compliance.
  • Thorough understanding of federal and state mortgage servicing regulations, including CFPB requirements and industry best practices.

Minimum Qualifications
  • 5 years of Mortgage Servicing/Default of direct experience including one or more of the following portfolio types: FNMA, Conventional, FHA, VA and/or Non-Conventional
  • Experience using mortgage servicing software

What you'll get
Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We've got your back. Check out our full list of Benefits and Perks.
About us
Rocket Mortgage® was founded in 1985. Today, we're a Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams. We're known as experts in the mortgage industry, but we're also innovators - we strive to create the best experiences for our clients from beginning to end. And we're not your typical employer. We're insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.
This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the company at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. The company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws. Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, at Careers@Rocket.com.
The compensation information below is provided in compliance with all applicable job posting disclosure requirements. The compensation for this position is $80,000-$115,000.00. The position may also be eligible for an annual bonus, incentives, and other employment-related benefits including, but not limited to, medical, dental, and vision benefits, 401K retirement plan, and paid-time off. More information regarding these benefits and others can be found here. The information regarding compensation and other benefits included in this paragraph is the company's current, good faith estimate at the time of posting. [Compensation and benefits are subject to modification from time to time as the Company, in its sole and exclusive discretion, deems appropriate.] The Company may determine during its future reviews of the proposed compensation and benefits provided for this position, that the compensation and benefits for such position should be reduced. In no event will the Company reduce the compensation for the position to a level below the applicable jurisdictional minimum wage rate for the position. Los Angeles County and San Francisco Candidates only: qualified applicants with arrest or conviction records will be considered for employment per the Fair Chance Ordinance and the Fair Chance Initiative for Hiring.

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