Default Management Foreclosure Associate - Foreclosure Bid Team

U.S. Bank National Association • Irving, TX

19h • Hybrid

About The Position

The Default Management Foreclosure Associate supports mortgage default servicing by performing foreclosure-related operational tasks in accordance 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.

Requirements

• High school diploma or equivalent
• Typically four or more years of related experience

Nice To Haves

• 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 escalate as appropriate
• Maintain compliance with bank policies, regulatory standards, and quality expectations
• Meet productivity, quality, and accuracy benchmarks in a volume-driven environment

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED