How much does a Foreclosure Manager make in District of Columbia? The average Foreclosure Manager salary in District of Columbia is $97,352 as of March 26, 2024, but the range typically falls between $83,605 and $114,604. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Foreclosure Manager Salary | $71,088 | DC | March 26, 2024 |
25th Percentile Foreclosure Manager Salary | $83,605 | DC | March 26, 2024 |
50th Percentile Foreclosure Manager Salary | $97,352 | DC | March 26, 2024 |
75th Percentile Foreclosure Manager Salary | $114,604 | DC | March 26, 2024 |
90th Percentile Foreclosure Manager Salary | $130,310 | DC | March 26, 2024 |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
Foreclosure Manager develops and administers the foreclosure agenda for an organization. Designs and implements programs to improve foreclosure processing. Being a Foreclosure Manager requires a bachelor's degree in a related area. Typically reports to a director. The Foreclosure Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Foreclosure Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Naval Anacost Annex, DC | Avg. Salary $97,352 | Date Updated March 26, 2024 |
Location Parcel Return Service, DC | Avg. Salary $97,352 | Date Updated March 26, 2024 |
Location Washington, DC | Avg. Salary $97,352 | Date Updated March 26, 2024 |
Location Washington Navy Yard, DC | Avg. Salary $97,352 | Date Updated March 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Foreclosure Manager, the first career path typically progresses to Banking Operations Director.
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Jobs with different levels of education may pay very differently. Check the Foreclosure Manager salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Foreclosure Manager salary varies from category to category. Click below to see Foreclosure Manager salary in different categories.
About District of Columbia Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More
Skills associated with Foreclosure Manager: Account Review, Foreclosure Regulatory Compliance, Foreclosure Operations
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