Reo Asset Recovery Mgr 1

Job Description: Manage, maintain, and assist in the disposition of REO properties, typically received via foreclosure sale or acquisition of Non-Performing Assets (NPA) portfolios. Review company/client owned properties, establishing a plan to maintain, prepare for sale and sell at the highest possible price while minimizing hold time, holding costs and loss severity. Analyze repair bids to determine the cost benefits and arrange property preservation to enhance the marketability of properties and implement such strategies upon approval from management, client and/or investor. Must adhere to client, investor, or jurisdictional guidelines. Negotiates sales directly.


Minimum Qualifications: * Comprehensive knowledge & experience in analyzing URAR's for completeness and accuracy
* Experience in analyzing BPO's or competitive market analysis
* Experience in listing properties on the MLS negotiating contracts & contract review
* Strong analytical skills, communication skills, team player, multi-tasker, ability to work under pressure


Preferred Skills: * 2-5 years work experience in mortgage banking or real estate.
* Knowledge of MS access, Passport, Word, Excel
* 3-5 years of mortgage servicing/banking experience
*Default expereince or knowledge of defective title issues


How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psp/PSEA/APPLICANT_NW/HRMS/c/HRS_HRAM.HRS_CE.GBL?Page=HRS_CE_HM_PRE&Action=A&SiteID=1&Opening=3072770 We do not acknowledge the Monster.com Online Application.


WELLS FARGO IS AN AFFIRMATIVE ACTION AND EQUAL OPPORTUNITY EMPLOYER M/F/D/V.