Position will serve as a key member of the Multifamily Asset Management Asset Resolution & REO team with primary responsibilities focused on investigating, monitoring, negotiating and resolving ...
Position will serve as a key member of the Multifamily Asset Management Asset Resolution & REO team with primary responsibilities focused on investigating, monitoring, negotiating and resolving ...
Analyst - REO Capital
Beverly Hills, CA · On-site
$245K/yr
... Asset Appraisals, Fairness Opinions, and Solvency Opinions. REO Capital also provides all Legal ... Solid organizational & time management skills * High motivation and attention to detail * Ability ...
Analyst - REO Capital
Beverly Hills, CA · On-site
$245K/yr
... Asset Appraisals, Fairness Opinions, and Solvency Opinions. REO Capital also provides all Legal ... Solid organizational & time management skills * High motivation and attention to detail * Ability ...
AVP Subservicer Oversight
Fort Worth, TX · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Fort Worth, TX · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Charlotte, NC · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Charlotte, NC · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Fort Lauderdale, FL · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Fort Lauderdale, FL · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
Analyst - REO Capital
Beverly Hills, CA · On-site
$245K/yr
... Asset Appraisals, Fairness Opinions, and Solvency Opinions. REO Capital also provides all Legal ... Solid organizational & time management skills * High motivation and attention to detail * Ability ...
Analyst - REO Capital
Beverly Hills, CA · On-site
$245K/yr
... Asset Appraisals, Fairness Opinions, and Solvency Opinions. REO Capital also provides all Legal ... Solid organizational & time management skills * High motivation and attention to detail * Ability ...
AVP Subservicer Oversight
Coral Gables, FL · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Coral Gables, FL · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Denver, CO · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Denver, CO · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
Asset Manager - Special Servicing
Thousand Oaks, CA · On-site +1
$75K - $85K/yr
The Asset Manager- Special Servicing is responsible formanaging and resolving non-performing loans ... Track and manage REO properties post-sale through confirmation, redemption, or ratification ...
Asset Manager - Special Servicing
Thousand Oaks, CA · On-site +1
$75K - $85K/yr
The Asset Manager- Special Servicing is responsible formanaging and resolving non-performing loans ... Track and manage REO properties post-sale through confirmation, redemption, or ratification ...
AVP Subservicer Oversight
Horsham, PA · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Horsham, PA · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Scottsdale, AZ · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Scottsdale, AZ · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Agoura Hills, CA · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Agoura Hills, CA · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Cincinnati, OH · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
Cincinnati, OH · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
Asset Manager - Special Servicing
Thousand Oaks, CA · On-site
$75K - $85K/yr
The Asset Manager - Special Servicing is responsible for managing and resolving non-performing ... Track and manage REO properties post-sale through confirmation, redemption, or ratification ...
Asset Manager - Special Servicing
Thousand Oaks, CA · On-site
$75K - $85K/yr
The Asset Manager - Special Servicing is responsible for managing and resolving non-performing ... Track and manage REO properties post-sale through confirmation, redemption, or ratification ...
AVP Subservicer Oversight
New York, NY · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
AVP Subservicer Oversight
New York, NY · Remote
$135K/yr
Enhance the Default Management oversight program, which includes but is not limited to Loss Mitigation, Foreclosure, Bankruptcy, Claims, Evictions, and REO monitoring. * Create and implement daily ...
... REO assets. Essential Duties * Perform valuation and sensitivity analysis (Argus and Excel) and ... Work with asset management personnel to ensure all leases are financially structured to maximize ...
... REO assets. Essential Duties * Perform valuation and sensitivity analysis (Argus and Excel) and ... Work with asset management personnel to ensure all leases are financially structured to maximize ...
Vice President - REO
Miami, FL · On-site
Review and provide value add asset management and disposition strategies for the assigned portfolio ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...
Vice President - REO
Miami, FL · On-site
Review and provide value add asset management and disposition strategies for the assigned portfolio ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...
Review and provide value add asset management and disposition strategies for the assigned portfolio ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...
Review and provide value add asset management and disposition strategies for the assigned portfolio ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...
Asset Based Finance Asset Management Vice President
Dallas, OR · On-site
$200K/yr
Perform ad hoc analysis for key asset management decisions (loss mitigation approvals and negotiations, foreclosures, REO repair and disposition) * Drive and coordinate internal operations processes ...
Asset Based Finance Asset Management Vice President
Dallas, OR · On-site
$200K/yr
Perform ad hoc analysis for key asset management decisions (loss mitigation approvals and negotiations, foreclosures, REO repair and disposition) * Drive and coordinate internal operations processes ...
Asset Manager I - Special Servicing
Overland Park, KS · Hybrid
$71K - $125K/yr
... and REO, in an effort to maximize the goals and objectives for the portfolio. ESSENTIAL JOB ... Develop and implement an approved asset management strategy for assigned portfolio, including ...
Asset Manager I - Special Servicing
Overland Park, KS · Hybrid
$71K - $125K/yr
... and REO, in an effort to maximize the goals and objectives for the portfolio. ESSENTIAL JOB ... Develop and implement an approved asset management strategy for assigned portfolio, including ...
Reo Asset Manager information
See salary details
$39K - $41.2K
16% of jobs
$42.2K is the 25th percentile. Wages below this are outliers.
$41.2K - $43.5K
21% of jobs
The median wage is $44.8K / yr.
$43.5K - $45.7K
22% of jobs
$45.7K - $47.9K
7% of jobs
$47.9K - $50.1K
7% of jobs
$50.1K - $52.4K
1% of jobs
$52.4K - $54.6K
0% of jobs
$54.6K - $56.8K
0% of jobs
$56.8K - $59K
0% of jobs
$59.3K is the 75th percentile. Wages above this are outliers.
$59K - $61.3K
9% of jobs
$61.3K - $63.5K
17% of jobs
$39K
$50K
$63.5K
How much do reo asset manager jobs pay per year?
What are the key skills and qualifications needed to thrive as a REO Asset Manager, and why are they important?
What Is an REO Asset Manager?
As a Real Estate Owned (REO) asset manager, you handle clients’ real estate assets and focus on buying and selling properties. You manage investors’ properties and work with real estate agents to ensure your clients earn a profit on their property. You evaluate and negotiate lease contracts. Your responsibilities include identifying homes and loans under foreclosure. You coordinate, review, and execute any purchase or sale agreement and communicate offer approvals with investors. Other duties include performing a monthly review of all assets and preparing marketing plans for homes before they are on the market.
What are REO Asset Managers?
What are the main challenges REO Asset Managers face when handling multiple properties simultaneously?
What is the difference between Reo Asset Manager vs Reo Specialist?
| Aspect | Reo Asset Manager | Reo Specialist |
|---|---|---|
| Credentials | Real estate licenses, asset management certifications | Real estate licenses, property management certifications |
| Work Environment | Corporate offices, field sites, property portfolios | Property sites, client offices, fieldwork |
| Employer & Industry | Real estate firms, asset management companies | Real estate agencies, property management firms |
| Search & Comparison | Often compared for asset oversight roles | Compared for property management and leasing roles |
The Reo Asset Manager focuses on overseeing real estate assets, managing portfolios, and maximizing property value. The Reo Specialist typically handles property operations, leasing, and maintenance. While both roles require real estate knowledge and certifications, the Asset Manager emphasizes strategic asset oversight, whereas the Specialist concentrates on property management tasks.
Full-time
This job post has expired today. Applications are no longer accepted.
Job description
Position Overview:
Position will serve as a key member of the Multifamily Asset Management Asset Resolution & REO team with primary responsibilities focused on investigating, monitoring, negotiating and resolving distressed multifamily loans. The position will frequently interact with borrowers/ sponsors/guarantors along with loan servicers (internal and external) and legal counsel to evaluate and arrive at solutions for the company's more challenging assets. Inherent in this process is the drafting and execution of well supported business plans to provide an achievable path forward while protecting the interests of Freddie Mac.
Our Impact:
- Our team is responsible for evaluating relief requests and following up on delinquent and/or underperforming loans with a focus on resumption of payments, collateral preservation and overall loss mitigation.
- Preparation of business plans in support of negotiated resolution strategies such as loan restructures/modifications and maturity deferrals or extensions.
- Enforcement of default remedies under loan documents such as penalty charges, receivership, foreclosure, and REO.
- Investigate and pursue remedies to return defective loans to sellers as conditions warrant.
- Assist with periodic risk rating and valuation of certain non-securitized loans.
- Perform special projects and ad hoc reporting relating to asset resolution activities.
Your Impact:
- Minimize losses on distressed mortgage loans via enforcement of legal remedies and/or employment of negotiated alternative strategies as appropriate.
- Monitor and analyze the performance of loan collateral in conjunction with development of resolution strategy.
- Manage receiverships, foreclosure actions, and REO as supported by approved business plans.
- Collaborate with legal counsel and other internal partners as required to execute the approved resolution strategy.
- Order and review updated valuation and property condition reports in conjunction with strategy formulation.
- Continually track & update the status of loans within Asset Resolution and those with various outside special servicers to be able to present updates to both internal and external stakeholders.
Qualifications:
- 8+ years of related work experience in a real estate finance or special servicing/loan workout environment
- Bachelor's degree with effective business writing skills to include utilization of AI (emails, business plans, memos, briefs)
- Familiarity with key loan documents and servicing agreements
- Knowledge of multifamily property fundamentals, underwriting concepts, physical condition assessments, and financial statement analysis
- Demonstrated understanding of valuation methodologies and discounted present value concepts and comparative analysis
- Ability to manage multiple efforts and assignments simultaneously
- Expertise in Excel with ability to create & utilize macros, tables, formulas, charts, etc.
- GSE (Freddie Mac, Fannie Mae, and/or HUD) experience a plus
Keys to Success in this Role:
- Ability to be an accountable team player who will build and maintain relationships with both internal and external stakeholders, while able to multitask, prioritize and be flexible.
- Prior CMBS special servicing experience, including engaging & negotiating with borrowers & sponsors.
- Results driven within corporate parameters and established departmental procedures.
- Positive attitude toward challenging situations and the work needed for creative solutions.
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $141,000 - $211,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
About Freddie Mac
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Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.
Industry
Finance and insurance
Company size
5,001 - 10,000 Employees
Headquarters location
McLean, VA, US
Year founded
1970