| Location: |
TX-Dallas
Southwest (AZ, AR, NM, OK & TX) |
| Salary Range: |
60,000 - 80,000 |
| Total Compensation: |
60,000 - 80,000 |
| Job Description: |
-Conduct retrospective valuation reviews of appraisal reports used by seller/servicers to support lending decisions and determine if they meet guidelines, the USPAP and other professional appraisal standards. -Perform desk review of appraisals -Conduct research and analysis on Fannie Mae collateral utilizing expertise, internal/external property valuation tools and resources -Determine appropriate actions to take in accordance with department and company policies -Document conclusions in the Quality Assurance System (QAS) with an accurate assessment of the valuation review -If warranted, compose a letter used to communicate inadequacies to the lender that were identified through the review process -Manage and prioritize caseload of pending and active appraisal reviews -Maintain review productivity in line with the department's benchmarks -Respond to valuation questions and disseminate Fannie Mae valuation guidelines and requirements with internal/external customers |
| Education and Certifications/Licenses: |
Bachelor's, Other Certification, None |
| Mandatory Minimum Qualifications: |
-10+ years experience with appraisal review or valuation of single family, 2-4 family, condominium, cooperative, land trusts, leasehold and factory-built properties. -Demonstrated ability to calculate loan-to-value ratios, utilize market extraction, and derive gross rent multipliers is required; preferred to have experience of developing cap rates and discounted cash flow analysis. -Excellent analytical and communication skills, including written, and familiarity with Microsoft Office Suite (i.e. Word, Excel). -Strong organizational skills, attention to detail, ability to work under time constraints, good interpersonal skills, and high degree of initiative. |
| Preferred Qualifications: |
|
| Benefits: |
|
| Overnight Travel: |
No Required Travel |
| Relocation Assistance: |
Might Consider, We will provide a monthly subsistence bonus |
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