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Foreclosure Jobs in Michigan (NOW HIRING)

University Bank

Foreclosure Supervisor

Hancock, MI · On-site

Description General Job Summary The Foreclosure Supervisor is responsible for overseeing all foreclosure-related operations, ensuring compliance with investors, insurer, and regulatory requirements ...

UFCU

Loss Prevention Specialist

Buchanan, MI

$19.25 - $24.50/hr

Primary focus for this position may vary with other LP Specialists as necessary among Real Estate Foreclosure, Bankruptcy, and Vehicle Repossession services. Essential Functions, in Priority Order ...

Staffingine LLC

Associate Attorney

Farmington Hills, MI · On-site

Manage all aspects of foreclosure cases, including contested matters. * Represent clients in mediations, depositions, and hearings (telephonic and in-person). * Conduct regular meetings and provide ...

Customer Service

Be Seen First

Servicing - Customer Advocate

Detroit, MI · On-site

$16 - $22.85/hr

Work collaboratively with Loss Mitigation, Bankruptcy, Foreclosure, Customer Service, and Compliance teams to provide the best possible borrower experience. Required Qualifications * High school ...

Customer Service

Be Seen First

Servicing - Customer Advocate

Detroit, MI · On-site

$16 - $22.85/hr

Work collaboratively with Loss Mitigation, Bankruptcy, Foreclosure, Customer Service, and Compliance teams to provide the best possible borrower experience. Required Qualifications * High school ...

Zeal Credit Union

Collections Specialist

Livonia, MI · On-site

$16.25 - $22/hr

Proven understanding of the foreclosure and bankruptcy processesSchedule: (subject to change)Monday-Friday: 9:00am-5:00pm onsite at our Livonia, MI office. Are you ready for an exciting opportunity?

Zeal Credit Union

Collections Specialist

Livonia, MI · On-site

$16.25 - $22/hr

Proven understanding of the foreclosure and bankruptcy processes Schedule: (subject to change) Monday-Friday: 9:00am-5:00pm onsite at our Livonia, MI office. Are you ready for an exciting opportunity?

Zeal Credit Union

Collections Specialist

Livonia, MI

$17.25 - $23.50/hr

Proven understanding of the foreclosure and bankruptcy processes Schedule: (subject to change) Monday-Friday: 9:00am-5:00pm onsite at our Livonia, MI office. Are you ready for an exciting opportunity?

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All JobsForeclosure JobsForeclosure Jobs in Michigan

Foreclosure information

See Michigan salary details

$28.3K

$49.8K

$88.9K

How much do foreclosure jobs pay per year?

As of Aug 30, 2026, the average yearly pay for foreclosure in Michigan is $49,766.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,900.00 and $64,100.00 per year, depending on experience, location, and employer.

What does a foreclosure specialist do?

A foreclosure specialist manages the legal and administrative processes involved when a property owner defaults on their mortgage. Their responsibilities include reviewing loan documents, initiating foreclosure proceedings, coordinating with attorneys, and ensuring compliance with state and federal laws. They also communicate with borrowers, lenders, and legal teams to facilitate the foreclosure process efficiently and accurately. Foreclosure specialists play a crucial role in minimizing financial loss for lenders while ensuring all procedures are followed correctly.

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, real estate law, and foreclosure procedures, often supported by a background in finance or real estate. Familiarity with loan servicing software, document management systems, and regulatory compliance tools is typically required. Attention to detail, strong organizational abilities, and effective communication skills distinguish top performers in this role. These skills ensure accurate processing, legal compliance, and effective coordination with clients and legal professionals throughout the foreclosure process.

What are some common challenges faced by professionals working in foreclosure roles, and how can they effectively manage them?

Professionals in foreclosure roles often encounter challenges such as managing high caseloads, dealing with emotionally charged situations, and navigating complex legal and regulatory requirements. Effective time management and strong organizational skills are essential to keep processes moving efficiently. Additionally, clear communication with homeowners, attorneys, and team members helps ensure transparency and compliance. Staying updated on ever-changing laws and industry best practices also plays a key role in successfully managing foreclosure cases.

What is the difference between Foreclosure vs Loan Officer?

AspectForeclosureLoan Officer
Required CredentialsLegal knowledge, real estate experienceLoan origination licenses, financial certifications
Work EnvironmentLegal settings, banks, or real estate firmsBanks, mortgage companies, financial institutions
Industry UsageInvolved in property repossession processesInvolved in loan approval and mortgage processes

Foreclosure and Loan Officer roles are related within the real estate and financial industries. Foreclosure specialists focus on legal and procedural aspects of property repossession, while Loan Officers handle loan applications and approvals. Both require industry-specific knowledge but serve different functions in the mortgage and real estate sectors.

What is a foreclosure job?

A foreclosure job involves working in the process of managing and resolving mortgage defaults, including tasks such as evaluating property conditions, coordinating with lenders and homeowners, and assisting in the sale of foreclosed properties. Common roles include foreclosure specialist, loss mitigation analyst, and real estate agent, often requiring knowledge of legal procedures and financial analysis.

What are the most commonly searched types of Foreclosure jobs in Michigan?

The most popular types of Foreclosure jobs in Michigan are:

What are popular job titles related to Foreclosure jobs in Michigan?

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

What job categories do people searching Foreclosure jobs in Michigan look for?

The top searched job categories for Foreclosure jobs in Michigan are:

Foreclosure jobs near you
Infographic showing various Foreclosure job openings in Michigan as of August 2026, with employment types broken down into 89% Full Time, 6% Part Time, 3% Temporary, and 2% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $49,766 per year, or $23.9 per hour.

Mortgage Foreclosure Specialist

Troy, MI

AD Mortgage
Finance and Insurance • 201 - 500 employees
Learn more about AD Mortgageexternal

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 13 days ago

Job description

About this opportunity

The Mortgage Foreclosure Specialist is responsible for managing a pipeline of defaulted loans within a mortgage servicing environment. This role ensures all foreclosure activities are executed in compliance with investor, insurer, and regulatory requirements while meeting strict servicing timelines. The specialist partners with foreclosure counsel, vendors, and internal departments to mitigate losses and ensure accurate, efficient case progression.

Key Responsibilities

  • Manage an assigned portfolio of delinquent mortgage loans referred to foreclosure

  • Ensure compliance with servicing guidelines from investors such as Fannie Mae, Freddie Mac, FHA, and VA

  • Review accounts for proper default servicing steps prior to foreclosure referral (e.g., loss mitigation, borrower outreach, regulatory notices)

  • Refer loans to foreclosure attorneys and oversee all legal actions through completion (judicial and non-judicial states)

  • Monitor attorney and vendor performance to ensure adherence to timelines, service level agreements (SLAs), and cost controls

  • Track and manage key foreclosure milestones, including first legal, judgment, sale, and post-sale activities

  • Ensure compliance with federal regulations, including those enforced by the Consumer Financial Protection Bureau, as well as applicable state laws

  • Coordinate with internal departments such as Loss Mitigation, Bankruptcy, Claims, and REO to ensure seamless loan resolution

  • Review and approve foreclosure-related fees, costs, and invoices for accuracy and allowability

  • Handle escalations, audits, and exception processing related to foreclosure activities

  • Maintain thorough and accurate system notes and documentation in the servicing platform

  • Support internal and external audits by providing documentation and responding to inquiries

Location and Schedule

  • This is a full-time, office-based position in a modern, cozy environment in our Troy, MI office.

  • Our standard working hours are Monday to Friday, 9:00 AM to 6:00 PM, promoting a healthy work-life balance.

Skills & Qualifications

  • Bachelor’s degree in Business, Finance, or related field (or equivalent work experience)

  • 2–5+ years of experience in mortgage servicing, foreclosure, or default operations

  • Strong understanding of end-to-end default servicing, including foreclosure, bankruptcy, and loss mitigation

  • Knowledge of investor and insurer guidelines (Fannie Mae, Freddie Mac, FHA, VA)

  • Familiarity with foreclosure processes across multiple states (judicial and non-judicial)

  • Experience working with foreclosure attorneys and third-party vendors

  • Strong attention to detail, organizational skills, and ability to manage high-volume pipelines

  • Proficiency in servicing systems (e.g., MSP, Black Knight) and Microsoft Office Suite

Preferred Qualifications:

  • Default servicing certifications (e.g., from Mortgage Bankers Association)

  • Experience with compliance audits, QC reviews, or regulatory exams

  • Knowledge of claims filing and post-foreclosure processes (conveyance, eviction, REO)

What We Offer | Career and Culture

  • Company Culture: Inclusive, supportive company culture where you are not a number, but a voice that's heard and brings value.

  • Growth Path: Defined paid training and clear pathways for career development.

  • Benefits: Comprehensive benefits package including PTO, sick days, paid volunteer hours, medical, dental, vision insurance, and 401(k).

    Take the first step towards a rewarding career in the mortgage industry with AD Mortgage.

    Our Recruitment team will reach out to you shortly!

Connect with us: Explore our social media to get a sense of our corporate culture.

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We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.