Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function

The REO Asset Specialist I is responsible for assigning a portfolio of foreclosed residential properties nationwide to approved brokers. They assist in the sales process of REO properties by expediting pre-marketing activities. The REO Asset Specialist I handles a total portfolio of 175 to 200 REO assets.

Direct Reports

N/A 

Principal Duties

The ability to handle work in a fast-paced environment and be able to meet or exceed deadlines.Ensuring our client properties are handled with timeliness and accuracy.Build excellent relationships with clients and keep them informed of property progress.Monitor properties from possession to list.Assign Broker Price Opinion to assigned listing agent.Assign second opinion Broker Price Opinion or Appraisal from selected vendor.Review completed valuations for accuracy.Order title from selected vendorMonitor portfolio and complete standardized price reductions.Send executed sales contracts to the listing agent and closing vendor.Performs related duties as assigned by management.

Education and Experience Requirements  

College degree required; equivalent work experience may be considered in lieu of degree.0-2 years’ experience.

Knowledge, Skill, and Ability Requirements 

Real estate knowledge considered a plus.Excellent customer service skillsAbility to work efficiently in a multi-tasked environment.Prioritize tasks with a sense of urgency.Extended hours and overtime when needed.Working Knowledge of Microsoft Office suite

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Additional Information:

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

Medical, dental, and vision insurance

Health Savings Account with employer contribution

401(k) Retirement plan with employer match

Paid Maternity Leave/Parental Bonding Leave

Pet insurance

Adoption Assistance

Tuition reimbursement

Employee Loan Program

The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW:

Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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