Hiring: Manager, Foreclosure/OREO, Loss Mitigation & Bankruptcy Company: SECU Credit Union Location: Linthicum, MD Job Posted Time: 2026-09-17 12:04:36 Employment Type: Hybrid Target Skills & Keywords : Microsoft Excel, Microsoft Office About the job Experience: •7 years Real Estate Collections, Foreclosure, and OREO process experience required. •5 years’ management or team leadership experience required. Required Skills: •A Day In Your Life Might Include •Supervise, coordinate, and evaluate the activities for the Underwriter, Foreclosure Analysis, Loss Mitigation and Bankruptcy Team to ensure adherence to policies and regulatory procedures per State, Federal, CFPB, Investor and credit union guidelines. •Train, mentor, motivate and coach staff. Evaluate team members to maximize efficiencies and minimize credit union delinquency involving recovery with a strong focus on quality and accuracy. •Review and update the delinquent portfolio real estate loans that are greater than 90 days past due as well as FHA claim tracker for senior management each month. Attend follow-up meeting to discuss the status and potential strategy to resolve delinquency. •This team is responsible for identifying delinquency and default action codes which are reported to investors and private mortgage insurance companies each month per servicing requirements. •Monitor and validate the team files claim for loss to private mortgage insurance companies per guidelines. •Adhere to FHA Handbook 4000.1 in reference to partial claims, loan modifications, conveyance or claims without conveyance per HUD Handbook 4000.1. •Proactively respond to more complex member issues to satisfy and resolve problems, complaints, etc. within the scope of the credit union’s policies and procedures. Actions may include, but are not limited to loan modifications, legal action, foreclosure, settlements on charge-off accounts. Qualifications: •High School Degree Required. •Bachelor’s degree in finance or management is preferred. •Strong knowledge of CFPB, OCC, FDCPA, GSE, (Fannie Mae, Freddie Mac, and FHA) guidelines/regulations, required. •Demonstrated capacity to file a claim for loss with Private Mortgage Insurance Companies and FHA per guidelines. •Abily to build reports and enhance or create workflows in Akcelerant/Temenos to monitor or make process improvements for your responsible teams. •General knowledge of credit reporting disputes, repossession, settlements, and bankruptcy. •Demonstrated capacity to work with first- and third-party providers, foreclosure, loss mitigation, OREO and Mortgage Investor Delinquency Reporting. •Excellent analytical ability to review all loan details, and member issues to recommend possible workout solutions. •Proficiency in Microsoft Office (Word, Excel, Outlook). •Knowledge of Five9 and DNA is desirable. Compensation: •Competitive benefits and rewards package Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!