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Reo Management Jobs (NOW HIRING)

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Senior Manager, Closing

Orlando, FL · On-site

Act as escalation point for complex REO transactions and title/closing issues Client & Stakeholder Management * Serve as primary point of contact for key clients, including lenders, servicers, and ...

Alliant

Lead Residential Loss Mitigation Analyst

Chicago, IL · On-site

$76.60K - $119.10K/yr

In this hybrid role base at our Chicago Headquarters you will manage and approve borrower assistance reviews, default operations, and REO-related activities. Oversee and provide guidance to our sub ...

Mountain West Financial, LLC

Default Specialist

Sandy, UT · On-site

$21.36 - $31.25/hr

... management in development and maintenance of vendor network Other duties as assigned Knowledge, Skills & Abilities Demonstrated knowledge of default loan servicing, especially evictions and REO ...

Bar Harbor Bank & Trust

Workout Officer

Randolph, VT · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

Bar Harbor Bank & Trust

Workout Officer

Waterville, ME · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

Kosmos

Managing Attorney

Birmingham, AL · Remote

$150K - $220K/yr

Minimum of five years of litigation/courtroom experience and default management (foreclosure, title, bankruptcy, evictions and REO) * Member of the state Bar while maintaining all necessary licensing ...

Bar Harbor Bank & Trust

Workout Officer

Newport, NH · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

Kosmos

Managing Attorney

Huntsville, AL · Remote

$150K - $220K/yr

Minimum of five years of litigation/courtroom experience and default management (foreclosure, title, bankruptcy, evictions and REO) * Member of the state Bar while maintaining all necessary licensing ...

Bar Harbor Bank & Trust

Workout Officer

Hampden, ME · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

Bar Harbor Bank & Trust

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

Bar Harbor Bank & Trust

Workout Officer

Ellsworth, ME · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

Bar Harbor Bank & Trust

Workout Officer

Manchester, NH · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

Kosmos

Managing Attorney

Montgomery, AL · Remote

$150K - $220K/yr

Minimum of five years of litigation/courtroom experience and default management (foreclosure, title, bankruptcy, evictions and REO) * Member of the state Bar while maintaining all necessary licensing ...

Bar Harbor Bank & Trust

Workout Officer

Bangor, ME · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

Bar Harbor Bank & Trust

Workout Officer

Bar Harbor, ME · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

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All JobsReo Management Jobs

Reo Management information

See salary details

$43.5K

$103.7K

$167.5K

How much do reo management jobs pay per year?

As of May 31, 2026, the average yearly pay for reo management in the United States is $103,704.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $132,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a REO (Real Estate Owned) Manager, and why are they important?

To thrive as a REO Manager, you need expertise in real estate, property management, and foreclosure processes, often backed by a degree in business or real estate and relevant state licenses. Familiarity with property management software, asset management tools, and platforms like MLS is typically required. Strong negotiation, organizational, and communication skills help manage multiple properties and coordinate with vendors, buyers, and legal teams. These skills ensure efficient property disposition, compliance with regulations, and maximized returns for financial institutions.

What are some common challenges faced in a REO Management role, and how can they be effectively addressed?

REO (Real Estate Owned) Management professionals often encounter challenges such as managing a large portfolio of distressed properties, coordinating with multiple vendors for maintenance and repairs, and ensuring compliance with local regulations. Effective organization and strong communication skills are essential to stay on top of tasks and deadlines. Building reliable relationships with contractors, leveraging property management software, and staying updated on legal requirements can help address these challenges and ensure properties are maintained and sold efficiently.

What is REO management?

REO management refers to the process of managing Real Estate Owned (REO) properties, which are properties that have been foreclosed on and are now owned by a lender, typically a bank. REO management professionals handle tasks such as securing the property, overseeing repairs and maintenance, marketing the property for sale, and ensuring compliance with local regulations. Their goal is to preserve the value of the asset and facilitate its sale as efficiently as possible. This role often involves coordination with real estate agents, contractors, and legal teams to expedite the disposition of the property.

What is the difference between Reo Management vs Real Estate Agent?

AspectReo ManagementReal Estate Agent
Required CredentialsReo Management License or Certification, Real Estate LicenseReal Estate License
Work EnvironmentProperty management companies, REO asset teamsReal estate brokerages, property listings
Employer & Industry UsageFinancial institutions, REO asset managersReal estate agencies, individual clients
Common Search & ComparisonReo Management vs Real Estate Agent

Reo Management focuses on managing bank-owned properties, including overseeing maintenance and sales, often requiring specific certifications. Real Estate Agents primarily assist clients in buying or selling properties, holding a real estate license. While both roles operate within the real estate industry, Reo Managers handle distressed assets, whereas Agents facilitate property transactions for individual buyers and sellers.

More about Reo Management jobs
What states have the most Reo Management jobs? States with the most job openings for Reo Management jobs include:
What job categories do people searching Reo Management jobs look for? The top searched job categories for Reo Management jobs are:
Reo Management jobs near you
Infographic showing various Reo Management job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 83% Full Time, 15% Part Time, and 1% Temporary. Highlights an 98% Physical, and 2% Hybrid job distribution, with an average salary of $103,704 per year, or $49.9 per hour.
CCHL Servicing Default Specialist II (Collections/Delinquency) | Kennesaw

CCHL Servicing Default Specialist II (Collections/Delinquency) | Kennesaw

Capital City Bank

Kennesaw, GA • On-site

$17 - $23/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 24 days ago

Capital City Bank rating

6.5

Company rating: 6.5 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

120th of 141 rated banks

Job description

Capital City Home Loans Servicing Default Specialist II - Capital City Bank - More than your bank. Your banker.
Hours:
Mon - Fri
40 Hours
General Summary
The Servicing Default Specialist II (Collections/Delinquency) position is a member of the Loan Servicing Operations and Default Team with the primary responsibility for the effective management of accounts in various stages of delinquency or default. This role ensures compliance with regulatory and investor/insurer guidelines while providing exceptional service and support to borrowers during the default process. The Specialist will oversee a broad scope of default activities including collections, loss mitigation, bankruptcy, foreclosure, REO management, and audit support.
All associates at Capital City Bank, Capital City Wealth, and Capital City Home Loans have access to confidential client information and must practice discretion at all times.
Principal Duties and Responsibilities
  • Establish collection call campaigns in accordance with "Servicing Alignment Initiative" guidelines.
  • Effectively communicate and educate borrowers, explaining the impact of delinquency on the loan and potential loss mitigation options.
  • Properly updating the servicing platform, including right party contact, promise to pay dates, and reason for default.
  • Perform skip tracing for borrowers we have no communication or good contact numbers.
  • Monitor incoming bankruptcy notifications and emails.
  • Send loss mitigation applications to borrowers' authorization third parties.
  • Process Loss Mitigation Applications in accordance with CFBP, Investor and Insurer guidelines, including but not limited to:
    • Issuing required letters within required timeframes,
    • Submitting data and documents to loss mitigation vendor,
    • Ensure complete applications are decisioned with 30 days,
    • Monitor trial payment plans
    • Order/mail modification documents to borrowers and executed copies to the county for recording and the Investor/Insurer as required.
    • Maintain loss mitigation tracking on the servicing platform and updating the proper default reporting codes.
  • Prepare and gather documents for foreclosure files.
  • Order and review property inspections, updating the servicing platform with the inspection results.
  • Order property preservation as necessary and in accordance with Investor/Insurer allowable.
  • Request approval for amounts over Investor/insurer allowable.
  • Assist manager with audit requests including, but not limited to, gathering documents, providing explanation of activities on delinquent or defaulted loans, providing copies of FNMA, FHA and VA reporting.
  • Assist the Servicing Manager as needed.

Employer determines the essential functions of the job.
All associates must understand and adhere to the non-negotiable Banker Standards and commit to practicing SGNNT (smile, greet, name, thank you) at all times. Associates will consistently follow policies and procedures as established by Capital City Bank, Capital City Strategic Wealth, and Capital City Home Loans, with department managers setting the standard.
Associated Duties
Provides additional support to manager and department colleagues.
Completes all assigned/required Bank training within established timelines.
Knowledge, Skills and Abilities (KSAs) Required
The following KSAs are usually acquired through work experience and/or specialized course(s) and are further defined in each of the Specialist levels below:
  • Knowledge of core, complementary and online banking systems.
  • Working knowledge of Servicing Director utilizing the Collections module to establish collection calls, welcome calls, and scoring models to efficiently collect on borrower accounts.
  • Must be able to effectively communicate with borrowers while maintaining privacy and respectful demeanor.
  • Analytical and problem-solving skills.
  • Sound judgment.
  • Ability to prioritize work, multi-task and display a flexible attitude.
  • Ability to manage time constraints and meet operational deadlines.
  • Ability to handle high pace work environment with unpredictable workloads.
  • Attention to detail and accuracy.
  • Interpersonal and teamwork skills.
  • Knowledge of Microsoft Office Suite.
  • Personal computer skills.
  • Use and knowledge of standard office equipment.

Specialist II
This position will have some knowledge of core, complementary and online banking systems. The Default Specialist II supports loan servicing operations by managing delinquent accounts and facilitating loss mitigation processes. This role ensures accurate account maintenance and compliance with regulatory and investor guidelines. Associates will gain familiarity with department functions, policies and practices and will require on-going training. Associate will follow standard procedures and written instructions to accomplish routine tasks; those of a more complex nature are referred to a higher-level associate. Work is performed under direct supervision with no independent decision making.
Associate will also master department functions, policies and practices and may cross-train in other areas. Associates follow standard procedures and written instructions to accomplish tasks of a more complex nature. Work is performed under minimal supervision for routine tasks and receives detailed instructions on new assignments or special projects.
Education
Minimum, high school diploma or equivalent required. Bachelor's Degree from an accredited college preferred. Relevant experience may substitute for the education requirement. Three years of Mortgage Servicing experience preferred and relevant banking experience considered.
Experience
Expertise in 3-5 areas preferred:
  • 3 years of collection experience servicing Conventional insured loans, FHA, USDA and VA loans.
  • 2 years of experience as a "Single Point of Contact" or loss mitigation underwriting
  • 2 years of default reporting experience
  • 2 years of experience processing foreclosures or bankruptcies.
  • 2 years of claim experience
  • 2 years of property preservation experience
  • 2 years of REO experience

Working Conditions
  • Lobby or cubicle environment.
  • In the rare instance of a major or extensive natural disaster, epidemic or pandemic occurrence, or other disruption within our footprint, it may be necessary for associates to relocate or telecommute before, during or after, to ensure business continuity.

Capital City Bank associates are our greatest asset. We offer the following benefits
  • Medical, Dental and Vision
  • Life Insurance
  • 401(k) with Matching
  • Flexible Spending Accounts
  • Tuition Assistance
  • Stock Purchase
  • Discounts on Products and Services

EOE/Protected Veterans/Disabled/Drug Free
The above declarations are not intended to be an "all-inclusive" list of the duties and responsibilities of the job described nor are they intended to be such a listing of the skills and abilities required to do the job. Rather, they are intended only to describe the general nature of the job.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE AN EMPLOYMENT AGREEMENT. This job description does not restrict at Capital City Bank, Capital City Wealth, and Capital City Home Loans from the ability to assign, reassign or eliminate duties and responsibilities of this job at any time. This job description describes the current assignment of essential functions. These functions may change at any time as the needs of the Bank or department change or for other reasons deemed appropriate.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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