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Constructiverenovations

REO Asset Manager

Constructiverenovations, Chicago, Illinois, United States, 60290


Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer and originator who sees the customer behind every loan, we understand that our customers aren’t loan numbers — they’re homeowners.Before founding our company, we conducted an exhaustive analysis of the mortgage servicing industry and gained valuable insight into the problems facing mortgage servicers and their customers. With that insight, we set out to build a different kind of servicing company from the ground up.Come join us on our journey to serve our customers and be the leader in our industry! We are currently looking for an

REO Asset Manager

to join our team!The

REO Asset Manager

will directly manage Real Estate Owned (REO) Properties from assignment to closing. The process includes eviction management, pre-marketing, listing/marketing the property, and negotiating offers while working with the closer/attorney, client, buyer, and the title company for a successful close of escrow.What you will do for Fay:Review and approve all documentation submitted by brokers/agentsRecommend Marketing Strategy for Client approvalPrepare all broker/agent instructions from assignment to close of escrowReview BPOs and Appraisals to determine a list price and reconcile if applicableConfirm and negotiate offersIdentify courses of action relating to possible financial exposures resulting from hazardous issuesPrepare monthly reports and update marketing strategy every 30 daysMaintain good relations with the broker/agentsPrepare, identify, and resolve title issuesTimely follow-up with clients, brokers, and vendorsInterface with interdepartmental peers, staff, and managementUnderstand and support the company’s goals and objectivesWhat you will bring to Fay:2 years experience as an REO Asset Manager (NOT a Listing Realtor)MS Word, Excel, and internet skillsDiversity, Equity, and Inclusion are deeply embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected, and included and is presented with equal opportunities to be successful here at Fay. We are proud to be an equal opportunity workplace.

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