Rocket Mortgage® is the home loan experience designed for you. NMLS #3030
REO Asset Manager
Location
Texas
Posted
23 hours ago
Salary
$47K - $86K / year
Seniority
Mid Level
Job Description
REO Asset Manager
Rocket Mortgage
• 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, proactively identifying and resolving delays to meet client SLAs. • Make decisions regarding marketing strategies, agent assignment, and offer negotiations on bank-owned assets. • Review and approve BPOs, appraisals, and repair bids; ensure property values are accurately reflected and disposition strategies align with client guidelines. • Prepare monthly projections report detailing number of sales, sales dates, and estimate of losses. • Conduct periodic on-site inspections of REO properties.
Job Requirements
- Minimum of 2–5 years of experience in REO asset management, default servicing, real estate, or loss mitigation
- Graduation from a 4-year college or university with major coursework in a discipline related to the requirements of the position preferred
- Strong knowledge of the REO disposition process, including property preservation, valuation, listing, contract management, and closing workflows
- Demonstrated ability to manage a high-volume portfolio (150-200 assets) with competing deadlines
- Proficiency in Microsoft Office Suite (Excel, Word, Outlook)
- Experience with REO asset management platforms including Pyramid, Res.net, Equator, and/or Process Management a plus
- Excellent written and verbal communication skills
- Strong analytical and problem-solving skills with meticulous attention to detail
- Ability to work independently and comfortably in a fast-paced environment.
Benefits
- medical, dental, and vision benefits
- 401K retirement plan
- paid-time off
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