Director of Single Family Mortgage Programs
| Source: | The District of Columbia Housing Finance Agency (DC HFA) |
|---|---|
| City: | Washington |
| State: | DC |
| Type: | Job Vacancy |
| Identifier: | Director of Single Family Mortgage Programs |
| Description: | Manage HFA's single family mortgage products and services. Creates and implements pre-purchase and post-purchase educational programs and outreach activities that promote an increase homeownership in the District. Serve as point of contact with lender network and recruit additional lenders as necessary. Refer qualified borrowers to Participating Lenders to help expedite the use of Single Family Bond Funds. ESSENTIAL DUTIES AND RESPONSIBILITIES: • Serve as a member of the Executive Team. • Monitors the Agency's Single Family Revenue Bond fund status and key dates. • Determines and coordinate the funding needs of the tax-exempt bond program. • Provides input into the structuring of new Single Family Bond Programs and products including official statements and loan documents. • Communicates with the Designated Servicer regarding Agency's loan pooling time lines. • Conducts focus group meetings with lenders and realtors to inform them of the Agency's Single Family Program and products. • Seeks new lenders to increase the Agency's pool of participating lenders in the Single Family Bond program. • Explores diversifying Single Family Products and ways to increase profitability. • Communicates with FHA, Freddie Mac and Fannie Mae to stay abreast on issues that may affect the Bond program. • Attends NCSHA and other housing industry conferences to stay abreast of current events. • Processes applications of participating lenders seeking approval and submits acceptable applications to the Legal Department for review before approval by Executive Director. • Researches the current housing market statistics to project future opportunities and problems for the bond program. • Conducts due diligence on mortgage loans made to borrowers using the HOME Funds. • Performs related work as required. REQUIRED EXPERIENCE AND TRAINING: Bachelor's degree in real estate, finance or related field, or equivalent professional/technical certifications required. At least five or more years of experience in mortgage lending preferred. Must have a thorough knowledge of FHA, VA, and Conventional underwriting guidelines and have the ability to create homeownership programs. Must have a proven ability to effectively lead and direct a team in mortgage lending, banking or related field. Excellent marketing and communication skills are essential. |
| Terms: | Send resume, salary history and a cover letter by February 26, 2010 to the attention of: Fran Makle DC Housing Finance Agency 815 Florida Avenue, NW DC HFA is an Equal Opportunity Employer |
| Open Date: | 2010-02-01 |
| Close Date: | 2010-03-01 |