Sr. Default Loan Servicing Specialist – Asset Management/REO - ServiceMac (Hybrid)
Core
Cross-functional specialist supporting REO liquidation across USDA, VA, and Asset channels, plus FHA Post Sale workflows.
Role type
Senior IC default loan servicing specialist (asset management/REO)
Builds
REO liquidation processes, FHA conveyance timelines, and claim readiness
Domain
Real estate / Mortgage servicing
Required skills
REO liquidation, MSP updates, occupancy checks, broker assignments, valuation ordering, preservation requirements, Cash-for-Keys workflows, FHA conveyance, CWCOT/2nd Chance reviews, eviction status monitoring, Title Curative reviews, loan documentation, MSP/LoanSphere/Yardi/P260/FHA Connection systems, vendor oversight, REO valuation methodologies
Preferred skills
Property preservation, asset management, default servicing, multiple loan types handling
Responsibilities
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; Review valuations and support claim processes; Manage REO closing workflows; 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; Maintain accurate loan documentation; Ensure compliance with investor, insurer, and agency guidelines; Apply updates from policy and regulatory changes; Support multiple teams depending on operational demand; Communicate risks, status updates, and escalations; Participate in audits, QC, and billing rule refinement