Single Family Housing Specialist (REO)
What you'd do
This position is located at Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioner. This opportunity is also open to Status Candidates under Announcement 26-HUD-12992600. Please refer to that announcement for details on open period, eligibility, and how to apply.
Major duties
HUD's Mission The mission of the U.S. Department of Housing and Urban Development is to foster strong communities by supporting access to quality, affordable housing, expanding the housing supply, and unlocking homeownership opportunities for the American people. The Department is committed to furthering the promise of self-sufficiency in every American while promoting economic development to revitalize rural, tribal, and urban communities across the country. The Office of Single Family Housing is responsible for the overall management of Single Family mortgage insurance programs for the Federal Housing Administration (FHA). The Office assists in the expansion of affordable and quality homeownership opportunities for individuals and families who are traditionally underserved by the private market. The Office also acts as a stabilizing force in the single family home financing market by increasing access to mortgage credit. Policies and programs administered by the Office-from becoming an FHA-approved mortgage lender or other stakeholder, to mortgage origination through post-closing and endorsement processes, servicing of FHA mortgages, and beyond-assist in the provision of these affordable mortgage programs while meeting the needs of borrowers. These functions are carried out by dedicated staff in our Washington, DC headquarters, four Homeownership Centers in Atlanta, GA, Denver, CO, Philadelphia, PA, and Santa Ana, CA, and through our National Servicing Center in Tulsa, OK. As a Single Family Housing Specialist (REO), you will: Direct the application of policy and procedural instructions issued to the branch from the branch chief or Program Director, including provision of FHA Handbooks, manuals and operations methods and procedures within the branch to conform to Departmental requirements and local real estate laws and practices. Participate in or direct conferences or training of REO contractors, appraisers, inspectors, architects, Direct Endorsement (DE) underwriters, mortgagee personnel, state entities, non-profit organizations, counseling agencies, and various real estate organizations, with regard to HUD/FHA requirements and procedures, and to administering the Secretarial priorities. Be responsible for the interpretation of policies, regulations, and major operating procedures for private and public groups, congressional representatives, etc., to further the purpose of the National Housing Act as it relates to the management of FHA programs, and the U.S. Housing Act of 1937, as amended. Determine the most expeditious and advantageous manner of disposition of properties to assure a maximum return on the government's investment to protect the insurance reserve funds out of which the real estate owned program operates, and to increase the cash flow from such sales into the Treasury.
What you need to qualify
You must meet the following requirements by the closing date of this announcement. Specialized Experience: For the GS-12 grade level, you must have one year (52 full weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service. Specialized Experience for this position includes: - Monitoring and oversight of various real estate sales and marketing procedures to sell REO properties ; OR - Managing and marketing of Real Estate Owned (REO) inventory to sell REO properties; OR - Interpreting and applying Federal Housing Administration (FHA), Single Family Housing, or REO policies, or acombination of the areas. The experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.
Before you apply
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