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Reo Specialist Jobs (NOW HIRING)

Newrez

REO Eviction Specialist

Houston, TX

The REO Eviction Specialist I will handle a total portfolio of 200 to 300 occupied assets. Principal Duties * The ability to handle work in a fast-paced environment and be able to meet or exceed ...

First Title Services

REO Title Curative

Rockville, MD · On-site

The position requires knowledge to provide resolution of title defects, with emphasis on REO. The ideal candidate has experience in the correction of chain of title issues, working with underwriters ...

First Title & Escrow

WI · On-site

$60 - $80/hr

... specialists as needed. * Other duties as assigned. Occasional overtime may be required to meet deadlines or close transactions. What You Need: * 5+ years of experience in an REO closing role ...

First Title Services

REO Title Curative

Rockville, MD · On-site

The position requires knowledge to provide resolution of title defects, with emphasis on REO. The ideal candidate has experience in the correction of chain of title issues, working with underwriters ...

Texas Dow Employees Credit Union

Possess a strong knowledge of all foreclosure and REO requirements. Physical Demands and Work Environment: * (The physical demands and work environment characteristics described herein are ...

AD Mortgage

Foreclosure Specialist

Troy, MI · On-site

The specialist partners with foreclosure counsel, vendors, and internal departments to mitigate ... Coordinate with internal departments such as Loss Mitigation, Bankruptcy, Claims, and REO to ensure ...

Texas Dow Employees Credit Union

Possess a strong knowledge of all foreclosure and REO requirements. Physical Demands and Work Environment: * (The physical demands and work environment characteristics described herein are ...

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Reo Specialist information

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How much do reo specialist jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for reo specialist in the United States is $21.93, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is an REO specialist?

A REO (Real Estate Owned) Specialist manages properties that have been foreclosed and are now owned by a bank or lender. Their responsibilities include coordinating property maintenance, overseeing valuations, and facilitating the sale or auction process. They work closely with real estate agents, contractors, and asset managers to ensure the properties are sold efficiently. Strong knowledge of foreclosure laws, property management, and market trends is essential for this role.

What does an REO specialist do?

An REO Specialist is responsible for overseeing the management, marketing, and sale of bank-owned properties from acquisition through closing. This includes tasks like coordinating property inspections, managing eviction processes, securing maintenance bids, ensuring accurate listings, and working closely with real estate agents, contractors, and internal asset managers. You may also monitor compliance with lender and legal requirements and update property status in relevant databases. The role often involves juggling multiple properties simultaneously, which requires strong multitasking and prioritization skills. For those who enjoy dynamic workdays and problem-solving in a real estate context, this position offers a rewarding mix of collaboration and independence.

What are the key skills and qualifications needed to thrive in the REO specialist position?

To thrive as a REO Specialist, you need a strong understanding of real estate owned (REO) processes, property management, and asset disposition, often supported by experience in real estate or banking. Familiarity with property valuation tools, MLS systems, and specialized REO management platforms such as Equator or Res.net is typically expected. Excellent organizational skills, attention to detail, and effective communication are crucial soft skills for coordinating with multiple stakeholders and managing deadlines. These competencies ensure efficient handling and successful sale of bank-owned properties while adhering to regulatory and client requirements.

What is a Reo Specialist in real estate?

A Reo Specialist is a real estate professional who specializes in managing and selling real estate owned (REO) properties, which are bank-owned or foreclosure properties. They typically work with lenders, investors, and buyers, and need knowledge of foreclosure processes, property valuation, and relevant regulations.
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Reo Specialist jobs near you
Infographic showing various Reo Specialist job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 85% Physical, 2% Hybrid, and 13% Remote job distribution, with an average salary of $45,613 per year, or $21.9 per hour.

Sr. Default Loan Servicing Specialist - Asset Management/REO - ServiceMac (Hybrid)

First American Financial Corporation

Fort Mill, SC • On-site

$28.09 - $37.44/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 25 days ago

Job description

Who We Are
ServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the mortgage servicing industry. ServiceMac is focused on providing superior technology, products, and services for the mortgage and real estate industries backed by highly personalized service and support. Through continuous innovation and acquisition, our offerings comprise of personalized solutions that span the mortgage continuum and enhance security, compliance, customer satisfaction, and profitability. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all.
What We Do
The Default Loan Servicing Specialist - Asset Management serves as a cross-functional, utility-style specialist supporting all facets of REO liquidation across USDA, VA, and Asset channels, while also providing coverage for FHA Post Sale workflows.
Candidates selected for this role must be comfortable working on a hybrid schedule, 3 days onsite and 2 days remote.
WHAT YOU'LL DO
REO Liquidation Support (USDA, VA, Asset)
  • Assist with REO activation processes and MSP updates.
  • Coordinate occupancy checks, broker assignments, and valuation ordering.
  • Monitor preservation requirements and vendor communications.
  • Support Cash-for-Keys workflows for occupied REO assets.
  • Review valuations and support claim processes.
  • Manage REO closing workflows.

FHA Post Sale Workflow Coverage
  • Support FHA conveyance timelines and HUD claim readiness.
  • Assist with CWCOT/2nd Chance reviews and auction coordination.
  • Monitor eviction status and coordinate with legal teams.
  • Support Title Curative reviews.

Compliance & Documentation
  • Maintain accurate loan documentation across MSP and related repository systems.
  • Ensure compliance with investor, insurer, and agency guidelines.
  • Apply updates from policy and regulatory changes.

Cross-Functional Collaboration
  • Support multiple teams depending on operational demand.
  • Communicate risks, status updates, and escalations.
  • Participate in audits, QC, and billing rule refinement.

WHAT YOU'LL BRING
Education, Experience, Licensure and Certifications
  • 2-3 years experience in property preservation, REO, asset management, or default servicing.
  • Familiarity with USDA, VA, and FHA post-sale processes.
  • Strong knowledge of MSP, LoanSphere, Yardi/P260, FHA Connection.
  • Strong communication and problem-solving skills.
  • Experience handling multiple loan types.
  • Vendor oversight experience.
  • Understanding of REO valuation methodologies.

Competitive Salary and Benefits Include:
  • Medical, Dental and Vision Insurance
  • Company-paid Life Insurance, Vacation and Holiday Pay
  • 401k Retirement Plan Contribution

Pay Range: $28.09 - $37.44 Hourly
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.
What We Offer
By choice, we don't simply accept individuality - we embrace it, we support it, and we thrive on it! Our People First culture is inclusive for all employees - not just because it's the right thing to do, but because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.
Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.

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