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Senior REO Specialist
Full Potential SolutionsSenior REO Specialist responsible for managing and optimizing real estate owned assets at Full Potential Solutions. Collaborating with vendors and ensuring compliance with regulatory requirements.
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in managing REO assets throughout their lifecycle, including asset valuation analysis, sales strategy development, and compliance with investor guidelines. Proficient in utilizing mortgage servicing platforms and analyzing financial data to enhance operational efficiency.
Highest-signal resume keywords
REO Asset ManagementMortgage Servicing PlatformsAsset Valuation AnalysisSales Strategy DevelopmentCompliance with Federal Regulations
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Asset ManagementFinancial Data AnalysisProcess ImprovementMarket Data ReviewDisposition Strategy Development
Soft Skills
Vendor CoordinationTimely CommunicationOperational Enhancement
Tools & Technologies
Microsoft Office SuitePyramidMSPBlack Knight/LPSSagent
Industry Keywords
REOMortgage ServicingDefault ServicingForeclosureLoss Mitigation
About the role
Key responsibilities & impact- Manage the disposition of a portfolio of REO assets throughout the asset lifecycle.
- Review appraisals, broker price opinions (BPOs), and market data to determine asset values and recommend disposition strategies.
- Develop and execute sales strategies that maximize investor recovery while minimizing carrying costs and losses.
- Coordinate and oversee third-party vendors, including real estate agents, attorneys, preservation companies, and other service providers.
- Monitor asset timelines to ensure timely listing, marketing, sale, and disposition activities.
- Track portfolio performance and ensure the timely receipt and distribution of reports and documentation.
- Identify process improvement opportunities and recommend operational enhancements.
- Maintain compliance with investor guidelines, company policies, and applicable federal and state regulations.
- Stay informed on industry trends, regulatory changes, and best practices within mortgage servicing and REO operations.
Requirements
What you’ll need- High school diploma or GED.
- 2–4 years of experience in REO, mortgage servicing, default servicing, asset management, foreclosure, loss mitigation, or a related field.
- Preferred Associate degree or higher.
- Experience working with mortgage servicing platforms and default servicing systems.
- Proficiency in Microsoft Office Suite, including Excel, Word, and Outlook.
- Experience with mortgage servicing or REO-related platforms such as Pyramid, MSP, Black Knight/LPS, Sagent, or similar systems preferred.
- Ability to analyze property valuations, reports, and financial data.
Benefits
Comp & perks- Paid Time Off (PTO)
- Medical, Dental & Vision
- Employee Assistance Program
- Flexible Spending Account
- Health Savings Account
- Paid Holidays
- Company paid Life Insurance
- Matching 401(k) Plan