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    Duties

    Summary

    This opportunity is also open to Status eligibles under Announcement 20-HUD-2273. Please refer to that announcement for details on open period, eligibility, and how to apply.

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    Responsibilities

    As an Underwriter, you will:
    - Responsible for the oversight and review of both Direct Endorsement underwriting and Contractor performed underwriting. Review cases to determine problems with underwriting process. Perform individual case underwriting (i.e. test cases for new Direct Endorsement Lenders and HUD employees).
    - Responsible for analyzing the risk inherent in the issuance of mortgage insurance on mortgages for one-to-four family loans to determine if a property is an acceptable risk, and to determine the credit eligibility of the mortgagors and to assure compliance with statutory, regulatory and administrative requirements, the key area of responsibility is in evaluating the operation (s) of the Direct Endorsement and/or contractor performed underwriting program(s). This review is to determine problems with specific underwriters, appraisers, builders, or lenders so action can be taken to correct, or minimize the losses associated with the identified problems.
    - Perform the desk review of the Direct Endorsement Underwriter's analysis to verify the consistency, accuracy and reliability of ratings on all elements of risk, relating to the underwriting of the appraisal and of the borrower's credit-worthiness; issue performance ratings of Direct Endorsement Underwriter's work; issue instructive and corrective commentary for the maintenance and improvement of the underwriting performance as a Direct Endorsement underwriter. Provide written evaluations and critique of the work of the Direct Endorsement Underwriters, approved inspectors, approved certified appraisers and contractors regarding the construction, repair proposals, compliance inspections, appraisals, conditional and firm commitments, and credit risk analysis, to ensure a fully supported final determination as to the acceptability of the completed work is in compliance with current statutory and regulatory requirements.

    Travel Required

    Occasional travel - As needed up to once per month

    Supervisory status

    No

    Promotion Potential

    12

This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/581180700. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.