Senior Loan Servicing Analyst

  • Sacramento Housing & Redevelopment Agency (SHRA)
  • Sacramento, California
  • Jun 01, 2020
Full Time Administrative Analysis and Research
  • Salary: $69,788.00 - $89,069.00 Annually USD

Job Description

Description

To provide a full range or portfolio management services and loan servicing for single and multifamily loans

Supervision received and support/guidance exercised:
  • Receives direct supervision from the Program Manager
  • Receives lead direction from Senior Staff
  • Receives functional guidance from higher level staff
  • Provides technical and directional guidance and training to other Loan Servicing and Housing Finance Analysts


The top candidates may be invited to an oral examination. Candidates must successfully pass the oral exam in order to be placed on the eligible list for the Senior Loan Servicing Analyst Classification.

Essential Areas of Responsibility

Portfolio Management - Single and Multifamily Loan Servicing
  • Annual cash flow review
  • Supplement annual administrative fee invoice calculation
  • Supplement annual administrative fee waiver
  • Perform loan forgiveness reviews
  • Review mature loans
  • Analyze payment deferral request and make recommendations
  • Review subordination requests and make recommendations
  • Review assignment and assumption requests and make recommendations
  • Analyze regulatory agreements/asset management issues and make recommendations
  • Analyze loan work outs to address maturity dates and changes in loan terms
  • Review loan administration fees (bond & gap financing) and follow up with borrower on delinquencies
  • Prepare audit confirmations
  • Prepare estoppel certificates
  • Review single family and multifamily new loan set ups
  • Prepare Requests for Qualifications
  • Analyze AmeriNational monthly reconciliation reports and monthly trend reports
Homeownership Program
  • Coordinate the sale of inclusionary homes both new and resale
  • Review eligibility and approve homebuyer certifications for SHRA single family programs
  • Administer Homebuyer Education Contracts
  • Prepare and submit CalHome and BEGIN reports
  • Prepare and submit mortgage credit certification reports
  • Prepare and analyze CAPER data, action plans and budget documents
  • Administer MCC & CalHome
  • Review eligibility for mortgage credit certificate program and process file close outs
  • Confirm eligibility for Citrus Heights FTHB program
  • Coordinate monthly lender renewals and new lender approvals


Education & Experience

Knowledge of: Housing or real estate economics, such as real estate transactions, mortgage finance or construction finance transactions; housing construction, development or rehabilitation; property management; or residential planning. A variety of housing finance programs and mechanisms, including Section 8, FHA and VA financing; single family and/or multifamily residential lending requirements; factors which affect cost, value, and marketability or property.

Ability:?Work independently using judgment and expertise to address complex projects and programs. Evaluate and analyze data; evaluate and develop procedures and guidelines to ensure compliance with affordable housing criteria. Evaluate current Agency program operations and make recommendations for improvement; prepare reports and make recommendation to Agency executive staff. Establish and maintain cooperative relations with those contacted in the work; work under tight schedules and deadlines.

Any combination of experience and education that would be likely to provide teh required knowledge and abilities could be qualifying, as determined by the Agency. A typical way to obtain the knowledge and abilities would be:

Experience:
Three years experience in housing or real estate economics, such as real estate transactions , mortgage finance or construction finance transactions; housing construction, development or rehabilitation; property management; or residential planning.

In a public or private housing, economic or community development related organization, with finance, loan officer or economic development experience in a capacity such as mortgage banker, mortgage loan officer, or economic development packager.

Loan packaging experience with a governmental housing, economic and/or business finance or a related field.

Education:
Bachelor's degree preferred with a degree in planning, economics, business, government, finance or related field.

Closing Date/Time:

Job Address

Sacramento, California United States View Map