SF CondominiumCo-op Project UnderwriterAnalyst
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Playing an essential role in the U.S. economy Fannie Mae is foundational to housing finance. Here your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.
Job Description
As a valued colleague on the operational team you will play a critical role in ensuring Fannie Maes Project Standards requirements are met.
The Impact You Will Make:
- Conducting a thorough analysis of co-op and condominium projects to determine eligibility.
- Responding to inquiries and requests from lenders and homeowner associations regarding project eligibility issues.
- Proficiency in applying deep knowledge of Fannie Mae Selling Guide Part B specifically Chapters B4-2 and B7 to assess compliance and provide guidance.
- Supporting the team in maintaining high standards of quality accuracy and timeliness in project reviews.
Minimum Required Skills & Qualifications
- Mortgage underwriting and risk analysis experience with a strong focus on GSE condominium/co-op project standards including experience in evaluating complex documents such as financial statements legal documents litigation claims and engineering and inspection reports.
- Ability to apply complex solutions effectively to challenging issues
- Exceptional written and verbal communication skills to effectively convey complex information.
- A team-oriented approach with a keen eye for detail and a track record of delivering high-quality results.
Desired Skills & Qualifications
- Minimum of 2 years of experience in condominium/co-op project underwriting or analysis to GSE requirements.
- Strong analytical skills and the ability to interpret and apply regulatory guidelines effectively.
- Commitment to excellence in performance and quality with a proactive approach to problem-solving.
Qualifications
Education:
Bachelors Level Degree (Required)The future is what you make it to be. Discover compelling opportunities at most roles employees are expected to work onsite on a regular basis at their designated office -office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.
Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race color religion sex national origin disability age sexual orientation gender identity/gender expression marital or parental status or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process please complete this form.
The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to skill set depth of experience certifications and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package Fannie Mae offers a broad range of Health Life Voluntary Lifestyle and other benefits and perks that enhance an employees physical mental emotional and financial well-being. See more here.
Requisition compensation:
77000to
95000Required Experience:
IC
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, fle ... View more
