REO Asset Manager

Job not on LinkedIn

🔥 4 minutes ago

🤠 Texas – Remote

🤠 Texas – Remote

💵 $47k - $86k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

👔 Manager

🚫👨‍🎓 No degree required

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

👻 Ghost score 0%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

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Rocket Mortgage

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1985

💸 Finance

💳 Fintech

🏠 Real Estate

Finance • Fintech • Real Estate

Rocket Mortgage is a leading online mortgage lender that simplifies the home buying and refinancing process for consumers. It offers a variety of mortgage options, including fixed-rate, adjustable-rate, FHA, and VA loans, with tools and calculators to help clients understand their financial needs. With a focus on providing a smooth user experience and various promotional offers, Rocket Mortgage is dedicated to making homeownership more accessible and affordable.

📋 Description

• Manage the full lifecycle of assigned REO assets, including occupancy determination, property preservation coordination, valuation, listing strategy, offer review, and closing • Oversee vacant-to-list timelines and resolve delays to meet client SLAs • Make decisions regarding marketing strategies, agent assignment, offer negotiations, property repair costs, maintenance, utilities, legal fees, valuation fees, and other disposition costs • Review and approve BPOs, appraisals, and repair bids • Coordinate property preservation vendors for inspections, securing, and maintenance • Manage agent relationships throughout listing and offer processes, including pricing strategy, days-on-market management, and contract negotiation • Monitor and report VTL, days under contract, closing probability, and STC pipeline metrics • Prepare monthly projections reports covering sales, sales dates, and estimated losses • Prepare and deliver client-facing reporting, commentary, and escalation summaries • Conduct periodic on-site inspections of REO properties • Collaborate with pre-marketing, evictions, property preservation, auction, closing, title, legal, and compliance teams • Resolve title issues, HOA matters, code violations, and closing delays • Reduce disposition timelines while balancing and minimizing investor losses • Ensure compliance with investor, client, and regulatory guidelines • Analyze complex data to develop marketing strategies and identify portfolio trends and process improvements • Manage a portfolio of 150–200 assets • Perform other duties as assigned

🎯 Requirements

• Minimum of 2–5 years of experience in REO asset management, default servicing, real estate, or loss mitigation — or an equivalent combination of education and experience • Graduation from a 4-year college or university with major coursework in a discipline related to the requirements of the position preferred; equivalent job experience will be considered • Strong knowledge of the REO disposition process, including property preservation, valuation, listing, contract management, and closing workflows • Experience working within client-specific guidelines, such as GSE, bank, or servicer requirements • Demonstrated ability to manage a high-volume portfolio of 150–200 assets with competing deadlines • Proficiency in Microsoft Office Suite (Excel, Word, Outlook) • Excellent written and verbal communication skills • Ability to produce professional client-facing deliverables • Strong analytical and problem-solving skills with meticulous attention to detail • Ability to work independently and comfortably in a fast-paced environment • Background with servicer or outsourcer REO operations preferred • Familiarity with bid approval workflows, delegated authority matrices, and investor reporting preferred • Experience supporting named client accounts with performance accountability preferred

🏖️ Benefits

• Annual bonus eligibility • Incentives • Medical benefits • Dental benefits • Vision benefits • 401K retirement plan • Paid time off • Health and well-being support for team members and their families • Other employment-related benefits and perks