NUC Review Appraiser
The NUC Review Appraiser is responsible for conducting retrospective valuation reviews of appraisal reports used by seller/servicers to support lending decisions and determine if they meet guidelines, the Uniform Standards of Professional Appraisal Practice (USPAP) and other professional appraisal standards.
Perform desk review of appraisals
o Conduct research and analysis on collateral utilizing expertise, internal/external property valuation tools and resources
Determine appropriate actions to take in accordance with department and company policies
o Document conclusions in the Quality Assurance System (QAS) with an accurate assessment of the valuation review
o 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 valuation guidelines and requirements with internal/external customers
Maintain thorough and up-to-date knowledge of all guidelines, products and systems, as well as USPAP, that are pertinent to the loan review process
Support Fannie Mae s Housing goals and other corporate goals
Minimum of seven to ten 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.
Must be able to support department objectives with minimal supervision.
Must be responsible for work that requires advance level of skills and knowledge in a field of specialization.
Demonstrated organizational, analytical and research skills as well as the ability to conceptualize issues and develop complex processes, procedures or solutions.
Ability to work with others in an integrated way to achieve individual objectives as well as organizational results.
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.
Working knowledge of valuation guidelines, USPAP, AVM/APS and other valuation tools, as well as a general knowledge of the Selling and Servicing guides, Desktop Underwriter, 's products and the underwriting process.
DO NOT WANT AUS (AUTOMATED UNDERWRITING SYSTEM) EXP
MANUAL UNDERWRITING EXP IS A MUST
Secondary Market Exp is ideal
Need to know and Freddie Mac guidelines
NO SUB-PRIME EXP
For this opportunity Candidates must be seasoned CERTIFIED (not liscensed) Appraisers with 7 years + experience. National review experience preferred.
Certification *
4 (Very Strong) of 5 (Expert)
FNMACompany Default Category
Attention to Detail *
4 (Very Strong) of 5 (Expert)
Excellent communication skills (written and verbal) *
4 (Very Strong) of 5 (Expert)
Experience in the Mortgage Industry *
Yes
General Skills: Management
Ability to manage multiple projects in a fast-paced environment *
4 (Very Strong) of 5 (Expert)
(APPRAISER over 7.0 year(s) OR REVIEW APPRAISER over 7.0 year(s) OR REVIEW APPRAISALS over 7.0 year(s) OR APPRAISAL REVIEWS over 7.0 year(s) OR APPRAISALS over 7.0 year(s) ) AND(RESIDENTIAL ) AND (DESKTOP UNDERWRITER OR UNDERWRITER OR UNDERWRITING ) AND(MANUAL ) AND (FANNIE MAE OR FREDDIE MAC OR FNMA OR GUIDELINES ) AND(CERTIFIED )
Apply directly at: http://www.net-temps.com/job/krco/10-00140/review_appraiser_nuc.html?r=gad
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