Mortgage Default Foreclosure Specialist

US Bank; Owensboro (KY); On-site; USD 28,000 - 34,000; Full time

Job summary

U.S. Bank is seeking a Default Management Foreclosure Associate to support mortgage default servicing by performing foreclosure-related operational tasks in line with investor guidelines, state regulations, and internal policies.

This role focuses on accuracy, timeliness, and risk mitigation while ensuring required documentation and processes are completed correctly. The role involves reviewing foreclosure documents, updating systems, collaborating with internal teams and vendors, monitoring

Qualifications

• High school diploma or equivalent.
• Typically four or more years of related experience.
• Experience in mortgage servicing, default management, foreclosure, or loss mitigation.
• Familiarity with foreclosure processes and documentation.
• Experience working in a production or metrics-driven environment.

Responsibilities

• Review, prepare, and process foreclosure-related documents in accordance with internal procedures, investor requirements, and regulatory guidelines.
• Perform detailed review of loan files to ensure documentation accuracy and completeness.
• Update systems with accurate and timely information related to foreclosure activities.
• Partner with internal teams, vendors, and business partners to resolve file deficiencies and move loans through required milestones.
• Monitor deadlines and service-level expectations to ensure timely progression of assigned work.
• Identify discrepancies, exceptions, or missing information and elevate as appropriate.
• Maintain compliance with bank policies, regulatory standards, and quality expectations.
• Meet productivity, quality, and accuracy benchmarks in a volume-driven environment.

Skills

Mortgage servicing experience

Foreclosure processes familiarity

Production/metrics-driven experience

Education

High school diploma or equivalent

Job description

U.S. Bank is seeking a Default Management Foreclosure Associate to support mortgage default servicing by performing foreclosure-related operational tasks in line with investor guidelines, state regulations, and internal policies.

This role focuses on accuracy, timeliness, and risk mitigation while ensuring required documentation and processes are completed correctly. The role involves reviewing foreclosure documents, updating systems, collaborating with internal teams and vendors, monitoring