Mortgage Analyst

2 weeks ago


New York, United States Career Developers Full time

Refer a friend:

Career Developers Inc, a well-established staffing agency/consulting firm, is celebrating 30 years in business. Previously in Ramsey, NJ for 25 years and now headquartered in sunny West Palm Beach, FL, we offer comprehensive commercial and government staffing services nationwide (GSA Contract holder). With a portfolio of carefully chosen clients to represent, we ensure a productive partnership that exceeds most others. Our commitment and goal for our candidates lie in efficiently managing your expectations through business intelligence, spending time for interview preparations, providing open communication, and delivering exceptional feedback throughout the process.

We look forward to helping advance your career

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Affordable Housing Mortgage Analyst (3+ Month Assignment)
Location: Manhattan, NY  (Hybrid -  3 days a week in the office)
Rate: 40hr

Must have at least 2 years of experience in residential mortgage lending, underwriting, quality assurance or servicing, community development, or related work. Knowledge of real estate related documents and experience in working with public and private housing and community development programs is preferred.

This positon would be responsible for calculating income and reviewing closing documentation for large commerical loans.

Group/Division:
Bank Operations and Community Investment / Community Investment Operations

Assist in the operation of the Bank's , set-aside program, and any other set-aside initiatives that are subsequently approved under the Affordable Housing Program ( "AHP”), in order to ensure compliance with federal regulations, program policies and guidelines as outlined by the Bank.

Essential Duties:
  • Approve household reservation requests from Member institutions for eligibility and compliance to set-aside regulations, Bank policies and guidelines.
  • Review household funding requests.
  • Identify and effectively resolve concerns/issues that arise during the household review, funding, and closing processes with Member institutions or housing organizations in connection with regulatory requirements, program practices, and eligibility criteria.
  • Provide assistance to Member institutions and housing organizations in connection with policies and practices of the homeownership set-aside initiatives that the Bank establishes under the AHP.
  • Stay abreast of federal regulations, policies, Bank internal procedures and other compliance requirements that govern the operation of the set-aside initiatives under the Bank's AHP

Excellent analytical, problem-solving, and organization skills, communication skills (both oral and written), and confident decision-making aptitude. Must be a team player. PC literacy in Word, Excel and database applications.

A bachelor's degree in finance, business administration, public administration, real estate, or a related field is preferred.

INDH

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