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Reo Assistant Jobs (NOW HIRING)

Sr Attorney

Ann Arbor, MI · Remote

$170K - $250K/yr

Ability to manage and prioritize multiple projects and cases * Assist with other duties and special ... REO) * Member of the state Bar while maintaining all necessary licensing and continuing legal ...

Sr Attorney

Grand Rapids, MI · Remote

$170K - $250K/yr

Ability to manage and prioritize multiple projects and cases * Assist with other duties and special ... REO) * Member of the state Bar while maintaining all necessary licensing and continuing legal ...

Sr Attorney

Detroit, MI · Remote

$170K - $250K/yr

Ability to manage and prioritize multiple projects and cases * Assist with other duties and special ... REO) * Member of the state Bar while maintaining all necessary licensing and continuing legal ...

Lead Attorney

Grand Rapids, MI · Remote

$150K - $250K/yr

Ability to manage and prioritize multiple projects and cases * Assist with other duties and special ... REO) * Member of the state Bar while maintaining all necessary licensing and continuing legal ...

Lead Attorney

Lansing, MI · Remote

$150K - $250K/yr

Ability to manage and prioritize multiple projects and cases * Assist with other duties and special ... REO) * Member of the state Bar while maintaining all necessary licensing and continuing legal ...

Lead Attorney

Ann Arbor, MI · Remote

$150K - $250K/yr

Ability to manage and prioritize multiple projects and cases * Assist with other duties and special ... REO) * Member of the state Bar while maintaining all necessary licensing and continuing legal ...

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Reo Assistant information

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How much do reo assistant jobs pay per hour?

As of May 31, 2026, the average hourly pay for reo assistant in the United States is $21.32, according to ZipRecruiter salary data. Most workers in this role earn between $15.62 and $24.04 per hour, depending on experience, location, and employer.

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

To thrive as a REO Assistant, you need a solid understanding of real estate processes, property management, and administrative support, often backed by experience in real estate or property administration. Familiarity with industry software such as MLS, property management systems, and Microsoft Office, as well as knowledge of REO (Real Estate Owned) procedures, is commonly required. Strong organizational skills, attention to detail, and effective communication set high-performing REO Assistants apart. These abilities ensure efficient property management, compliance with legal regulations, and smooth coordination among agents, clients, and vendors.

What are the main challenges a REO Assistant faces when managing multiple property listings simultaneously?

A REO Assistant often juggles numerous property listings at once, which can present challenges such as prioritizing urgent tasks, tracking multiple deadlines, and coordinating with various stakeholders like asset managers, agents, and vendors. Staying organized and maintaining clear communication is essential to ensure timely completion of tasks such as property inspections, repairs, and documentation. Utilizing property management software and developing strong time-management skills can help REO Assistants handle these demands effectively while maintaining high standards of accuracy and customer service.

What are REO Assistants?

REO Assistants, or Real Estate Owned Assistants, are professionals who support real estate agents and asset managers in handling properties owned by banks or lenders after foreclosure. Their tasks often include organizing property listings, coordinating repairs and maintenance, managing paperwork, and communicating with vendors and clients. REO Assistants play a crucial role in ensuring that REO properties are marketed effectively and sold as quickly as possible. They must be detail-oriented, organized, and familiar with real estate processes and terminology.

What is the difference between Reo Assistant vs Loan Processor?

AspectReo AssistantLoan Processor
CredentialsBasic real estate or mortgage knowledge, sometimes certificationMortgage licensing, certifications often preferred
Work EnvironmentReal estate offices, REO asset management firmsBanks, mortgage companies, lending institutions
Employer & IndustryReal estate and REO asset managementFinancial and banking industry
Search & Comparison IntentAssisting with REO property management and documentationProcessing loan applications and approvals

The Reo Assistant primarily supports real estate owned (REO) property management, focusing on documentation and coordination. In contrast, a Loan Processor handles mortgage loan applications, verifying documents and preparing files for approval. While both roles require knowledge of real estate and finance, their daily tasks and industry focus differ significantly.

What cities are hiring for Reo Assistant jobs? Cities with the most Reo Assistant job openings:
What are the most commonly searched types of Reo jobs? The most popular types of Reo jobs are:
What states have the most Reo Assistant jobs? States with the most job openings for Reo Assistant jobs include:
Infographic showing various Reo Assistant job openings in the United States as of May 2026, with employment types broken down into 5% As Needed, 85% Part Time, 4% Temporary, and 6% Contract. Highlights an 99% Physical, and 1% Hybrid job distribution, with an average salary of $44,352 per year, or $21.3 per hour.
Mortgage Servicing Default Specialist: Bankruptcy - TruHome Solutions

Mortgage Servicing Default Specialist: Bankruptcy - TruHome Solutions

CommunityAmerica Credit Union

Overland Park, KS • On-site

Full-time

Posted 17 days ago


CommunityAmerica Credit Union rating

8.5

Company rating: 8.5 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

Summary
This position will be assigned mortgage loan files in Default of their mortgage. The position will work accounts that are active in: bankruptcy, foreclosure, eviction, REO and claim processing. Individual will be responsible for providing accurate accounting and member records to state specific law firms by THS or our clients. This team member will work closely with and oversee assigned counsel to ensure performance timelines and related fees stay within required investors/insurer guidelines.
In addition, at times will be necessary to conduct sensitive and challenging conversations with severely delinquent members to obtain cash for keys, when allowed, to avoid eviction proceedings. The individual will assist in coordinating all property preservation requirements placed on TruHome to ensure all properties are secured and any required preservation activities are performed to guideline timeframes and costs. Upon completion of any foreclosure related activities will assume responsibility for conveying properties to FHA, FHLMC, FNMA and VA.
Duties & Responsibilities
  • Knowledge and understanding of Federal Bankruptcy laws.
  • Reviewing and monitoring Aacer, Chapter 13 plans and BK schedules.
  • Loading required timeline events into the system of record.
  • Working with THS escrow department to insure timely payment of tax and insurance on foreclosure, Bankruptcy and REO accounts.
  • Obtain and complete required documents necessary to set up a bankruptcy file.
  • Respond timely to inquiries from borrowers, courts, attorneys, or Credit Union clients.
  • Preparing and filing applicable documents such as: Proof of Claims, Notice of Payment Changes, and Post Petitions Fees, Final Cure Notices and Reaffirmation Agreements.
  • Processing Bankruptcy Payments.
  • Processing Cramdown based on Agency/Insurer and/or Client guidelines.
  • Attempts contact with borrower to discuss both foreclosure and eviction time frames and processes.
  • Oversight and direct contact with law firms to discuss all bankruptcy, foreclosure, and eviction files to ensure timely filing of required documents and obtain required documents for internal file.
  • Initiate cash for keys with borrower to avoid eviction process
  • Submission of notification to FHLMC and FNMA within 24 hours of foreclosure sale.
  • Coordinate all property preservation activities and inspections while accounts are in a defaulted stage.
  • Preparing marketing packages to submit to the Credit Union for approval.
  • Document review and execution for REO sales.
  • Claim preparation and submission for insurers.
  • Coordinate payment of invoice based on fee approval of service performed.
  • Document/file preparation for claim and audit support on all defaulted files.
  • Always develop and maintain positive working relationships by providing high quality customer service to all internal and external customers.
  • Work with other credit union departments to ensure the workflow or process is providing the best service to the members.
  • Performs other duties as assigned.

Requirements
KNOWLEDGE, SKILLS AND ABILITIES:
  • Comprehensive knowledge of Mortgage Servicing and Default activities.
  • Strong interpersonal skills.
  • Ability to assist other team members in solving problems.
  • Self-Motivated with ability to work independently without close supervision.
  • Excellent communication skills - verbal, written and listening.
  • Understanding of MSP Servicing system.
  • Ability to maintain sensitive and confidential information.
  • Must be detail oriented.
  • Must be able to be bonded.

PHYSICAL ACTIVITIES:
In this position, individual will be expected to lift to 20 pounds from time to time. Also, must be able to stoop, bend, reach or stand for extended periods of time. Must be able to sit and use a computer for extended periods of time.
WORKING CONDITIONS:
This position is expected to work in general office environment with limited to no travel.
EXPERIENCE/EDUCATIONAL REQUIREMENTS:
  • Bachelor's degree or equivalent related work experience preferred.
  • 3-5 years Default Mortgage Servicing experience.
  • Strong knowledge of agency servicing requirements.
  • Microsoft Office knowledge and experience.