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Foreclosure 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.

Pennymac

Foreclosure Specialist II

Carrollton, TX · On-site

$45K - $66K/yr

A Typical Day As a Foreclosure Specialist II , you will be responsible for managing various aspects of the foreclosure process, working with a high degree of autonomy and expertise. In this mid-level ...

Pennymac

Foreclosure Specialist II

Carrollton, TX · On-site

$45K - $66K/yr

A Typical Day As a Foreclosure Specialist II , you will be responsible for managing various aspects of the foreclosure process, working with a high degree of autonomy and expertise. In this mid-level ...

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 ...

Pennymac

Foreclosure Specialist II

Moorpark, CA · On-site

$45K - $66K/yr

A Typical Day As a Foreclosure Specialist II , you will be responsible for managing various aspects of the foreclosure process, working with a high degree of autonomy and expertise. In this mid-level ...

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 ...

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Foreclosure information

See salary details

$32.5K

$57.1K

$102K

How much do foreclosure jobs pay per year?

As of Aug 17, 2026, the average yearly pay for foreclosure 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 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 inspecting properties, evaluating financial documents, and coordinating with lenders and homeowners. Common roles include foreclosure specialists, loss mitigation agents, and real estate professionals who handle the legal and administrative aspects of foreclosure proceedings.
More about Foreclosure jobs

What cities are hiring for Foreclosure jobs?

Cities with the most Foreclosure job openings:

What are the most commonly searched types of Foreclosure jobs?

The most popular types of Foreclosure jobs are:

What states have the most Foreclosure jobs?

States with the most job openings for Foreclosure jobs include:

What job categories do people searching Foreclosure jobs look for?

The top searched job categories for Foreclosure jobs are:

Foreclosure jobs near you
Infographic showing various Foreclosure job openings in the United States as of August 2026, with employment types broken down into 95% Full Time, 3% Part Time, 1% Temporary, and 1% Contract. Highlights an 84% Physical, 5% Hybrid, and 11% Remote job distribution, with an average salary of $57,098 per year, or $27.5 per hour.

Foreclosure Specialist III - Foreclosure Timeline Control-2

M&T Bank

Remote

$22.61 - $37.67/hr

Full-time

Re-posted 2 days ago

M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

79th of 171 rated banks

Job description

Overview:
This position is responsible for monitoring and overseeing the foreclosure process for loans assigned to team members to ensure foreclosures remain on track with investor guidelines. This position also provides subject matter expertise to the team and handles escalated issues, as well as being responsible for managing a portfolio of loans involved in complex litigation and protecting M&T's interest in the subject mortgaged property. In addition, this position performs the highest risk administrative functions related to the foreclosure process.
Primary Responsibilities:
  • Monitor progress of foreclosures through queues and reporting, ensuring team is effectively working their portfolios and compliance with state/federal and investor guidelines. 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 contact for both associates on the team, attorneys and other departments.
  • Work with Foreclosure team to ensure FHA 1st legal deadlines are met once the loan is referred to foreclosure, including filing and tracking of any necessary extension requests.
  • Research, validate and update loans appearing on various foreclosure exception reports, including but not limited to No Dual Track, clean up and investor timeline reports.
  • Provide approval of additional attorney fees beyond associate level approval limit. Maintain tracking and reporting of legal expense on litigation files outside of the foreclosure action.
  • Perform QC review and approval of investor bidding instructions, ensuring adherence to investor/MI guidelines.
  • Conduct regular 'side by sides' with team to discuss loan level issues and procedures. Conduct a review of all assigned loans at a minimum of every 30 days, including the updating of documentation and follow up.
  • Ensure compliance with federal, state, regulatory and investor guidelines regarding foreclosure.
  • Work with management to revise, update and implement procedure changes as well as create new procedures. Gather departmental information and assemble presentations for regular investor, regulatory and internal meetings.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Complete other related duties as assigned.

Scope of Responsibilities:
This position interacts with CAM management and external third-party foreclosure attorneys to ensure successful and timely completion of foreclosure, consistent with investor guidelines and regulatory requirements.
Education and Experience Required:
A combined 4 years' higher education and/or work experience, including a minimum of 2 years' Default Servicing related field experience (e.g., Collections, REO, Loss Mitigation).
Working knowledge of word processing and spreadsheet software.
Strong written and verbal communication skills.
Detail oriented.
Strong analytical and problem solving skills.
Ability to work effectively in a team environment.
Education Experience Preferred:
3 years' Default Servicing related field experience (e.g., Collections, REO, Loss Mitigation).
Proven leadership ability.
Knowledge of bank and departmental systems.
Understanding of mortgage product including home equity loans and lines of credit, general operation and systemic functions including payment allocation and escrow.
Experience training new staff and implementing procedures and process changes.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $22.61 - $37.67 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.
Location
Clanton, Alabama, United States of America

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