Associate, Asset Management – Residential Default

VWH Capital Management, LP; Dallas (TX); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) plan

Generous paid time off

Job summary

VWH Capital Management, LP, headquartered in Dallas, seeks an Associate, Asset Management – Residential Default to drive outcomes for non-performing residential mortgages across the asset lifecycle. The role requires hands-on foreclosure and bankruptcy experience and oversight of servicers, attorneys, and related processes in both judicial and non-judicial settings.

You will coordinate with loss mitigation and title curative efforts, monitor 3rd party vendors, and support pre/post-trade due

Qualifications

• Minimum of 4 years of default servicing experience, including at least 2 years directly managing foreclosure and/or bankruptcy files.
• Experience covering both judicial and non-judicial foreclosures, foreclosure attorney oversight, and contested files.
• Working knowledge of mortgage servicing and related systems (LPS, Black Knight, MSP, Pyramid).
• Familiarity with mortgage collateral documents, notes, title policies, title reports, title commitments, and assignments/end endorsements.

Responsibilities

• Monitor foreclosure timelines against state and investor benchmarks; identify delays and drive resolution with servicers and attorneys
• Review and approve foreclosure bids, holds, and postponements
• Oversee foreclosure attorney firm performance; coordinate file transfers between firms as needed
• Coordinate bankruptcy activity, including automatic stay, proofs of claim, and motions for relief
• Track FHA, VA, and USDA claim and conveyance deadlines to protect recoveries
• Manage post‑sale activity, including deficiency, redemption periods, eviction, and REO transition
• Perform portfolio oversight functions to improve performance and maximize economic execution
• Identify issues in due diligence risk scoring of new trades, including title, collateral, and default servicing issues
• Assist in defining budgets and strategies for escalated files
• Monitor KPI and SLA performance and drive resolutions
• Stay current on regulations affecting foreclosure and default servicing
• Prepare and analyze reports for Senior Management review
• Prepare policies and procedures for Senior Management review
• Other duties as assigned

Skills

Foreclosure knowledge

Bankruptcy knowledge

Data analysis

MS Office proficiency

Self-starter

Team player

Tools

LPS

Black Knight

MSP

Pyramid

Job description

Associate, Asset Management – Residential Default

• Full-time

VWH Capital Management, LP (“VWH”) is an SEC-registered investment advisor and private equity firm with multi-billion dollars in assets under management. The firm is the winner of three 2025 Private Equity Wire Awards including Performance of the Year: Distressed Debt over $500 million. VWH is a major player in the U.S. distressed residential mortgage loan space and seeks to generate long-term returns in securitized products, distressed credit, and whole loans. VWH is headquartered in Dallas. For more information visit www.vwhcapital.com.

WH is seeking an Associate, Asset Management – Residential Default to drive positive outcomes for the non-performing residential mortgages and related products held by the firm. The ideal candidate will bring hands‑on foreclosure and bankruptcy experience and will build expertise across the full asset management lifecycle, from due diligence through disposition, across multiple product types.

This position will oversee servicer and foreclosure attorney performance on default files. The primary focus is foreclosure, bankruptcy, and contested or litigated matters. The Associate will also support loss mitigation, title curative, property strategy, and collateral processes, including the holding, assignment, and transfer of mortgage loans and REO.

The position requires in-depth knowledge of foreclosure and bankruptcy practices, default servicing, and state and federal regulations. The Associate will work with the trading team on pre‑bid and post‑trade due diligence analysis. The Associate will also help coordinate and monitor 3rd party vendors so that accurate mortgage information is documented and sent to servicers on time.

Responsibilities

• Monitor foreclosure timelines against state and investor benchmarks; identify delays and drive resolution with servicers and attorneys
• Review and approve foreclosure bids, holds, and postponements
• Oversee foreclosure attorney firm performance; evaluate and coordinate file transfers between firms as needed
• Coordinate bankruptcy activity, including automatic stay, proofs of claim, and motions for relief, and manage contested foreclosure files with outside counsel
• Track FHA, VA, and USDA claim and conveyance deadlines to protect insurance and guaranty recoveries
• Manage post‑sale activity, including deficiency, redemption periods, eviction, and REO transition
• Perform portfolio oversight functions to improve performance, create optimal strategies, and maximize economic execution
• Identify issues in due diligence risk scoring of new trades, including but not limited to title, collateral, default servicing practices, and property issues
• Review assets that meet repurchase criteria and consolidate and document them for repurchase submission, if applicable; coordinate internally and with counterparties on reprices and repurchases
• Assist in managing vendors and servicers so that the required collateral documents are in place for buy and sell transactions and assignment chains are reported and completed on time
• Proactively manage title exceptions and determine curative strategies
• Assist in defining budgets and strategies for escalated files
• Monitor Key Performance Indicators (KPI) and Service Level Agreements (SLA) and drive resolution on items that fall outside of tolerance
• Partner with the VWH Analytics team to create and maintain vendor and asset‑level scorecards to proactively monitor performance
• Review reporting from vendors, custodians, and servicers to confirm performance meets agreed‑upon service levels
• Stay current on state and federal regulations and recent case law affecting foreclosure, bankruptcy, and default servicing
• Prepare and analyze reports for Senior Management review
• Prepare policies and procedures for Senior Management review
• Other duties as assigned
• Minimum of 4 years of default servicing experience, including at least 2 years directly managing foreclosure and/or bankruptcy files
• That experience must cover both judicial and non‑judicial foreclosure, foreclosure attorney oversight, and contested files
• Working knowledge of mortgage servicing and associated systems such as LPS, Black Knight, MSP, and Pyramid
• Familiarity with mortgage loan collateral documents, especially notes, title policies, title reports, title commitments, and assignments and endorsements
• Ability to create policies and procedures and suggest areas to improve
• Ability to combine data from multiple sources into a single report
• Ability to work independently and be a self‑starter
• Strong client services skills and the ability to work as part of a team with internal and external counterparties
• High sense of urgency, accountability, attention to detail, prioritisation skills, and organization
• Strong working knowledge of MS Office Suite, especially Excel, Word, and Outlook
• Working knowledge of AI tools and business intelligence platforms, with experience applying them to analyze portfolio data, automate reporting, and improve workflows
• Ability to work in the Uptown Dallas office

Preferred Qualifications (not required but a plus)

• Background at a default servicer or foreclosure law firm
• Experience with judicial‑state foreclosures
• Property preservation, real estate valuation, and REO experience
• Experience with business purpose loans and early buyout (EBO) loans

VWH offers competitive compensation including base salary and a discretionary performance bonus. VWH has a compelling benefits package, including medical, dental, and vision insurance, a 401(k) plan, and generous paid time off.

VWH Capital Management, LP is an equal opportunity employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic prohibited by applicable law.