Underwriter

Summary

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-12977465. Please refer to that announcement for details on open period, eligibility, and how to apply.

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 Housing provides vital public services through its nationally administered programs.
• It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, and regulates important parts of the housing industry.
• The Office of Housing is committed to building and preserving healthy neighborhoods and communities through homeownership, rental housing and healthcare opportunities.
• 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.
• As a/an Underwriter, you will: Responsible for the oversight and review of both Direct Endorsement underwriting and Contractor performed underwriting.
• Review cases to determine problems with underwriting process.
• Perform individual case underwriting (i.e. test cases for new Direct Endorsement Lenders and HUD employees) 25% of the time Responsible for analyzing the risk inherent in the issuance of mortgage insurance on mortgages for one-to-four family loans to determine if a property is an acceptable risk, and to determine the credit eligibility of the mortgagors and to assure compliance with statutory, regulatory and administrative requirements, the key area of responsibility is in evaluating the operation (s) of the Direct Endorsement and/or contractor performed underwriting program(s).
• This review is to determine problems with specific underwriters, appraisers, builders, or lenders so action can be taken to correct, or minimize the losses associated with the identified problems.
• Verification of factual information submitted insofar as available data permits.
• Determination of the plausibility and consistency of the conclusions based upon data presented in the report.
• Determination of the consistency of the conclusions by comparison with other conclusions reported in similar cases recently processed including amendment of any item if warranted.
• Compliance with governing codes and instructions.
• Serve as Government Technical Monitor (GTM) ensuring that requirements of contracts, servicing the Center's functions, are being met.
• The underwriter makes recommendations concerning that work performance to the Government Technical Representative (GTR) and provides written documentation of any discrepancies.
• The Underwriter is responsible for making recommendations for statements of work including any modifications.

Requirements

The official duty station for this position will be in Philadelphia, Pennsylvania. Failure to report to duty at this location may be grounds for a disciplinary action, including removal. Key Requirements: Must be U.S. Citizen or U.S.

National. A one year probationary period may be required. Continued employment is contingent upon supervisory certification that continued employment will benefit the Federal Service; the certification will occur no less than 30 days before the end of the probationary/trial period. Must successfully complete a background investigation.

Public Trust – Background Investigation will be required. Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency. Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer. If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.

Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S. Obtain and use a Government-issued charge card for business-related travel. Please refer to “Additional Information Section for additional Conditions of Employment.”

How You Will Be Evaluated

You will be evaluated based on how well you meet the qualifications listed in this vacancy announcement. Your qualifications will be evaluated based on your application materials (e.g., resume, supporting documents) and the result of the online assessments required for this position. Please be sure that your resume includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resume may result in a “not qualified” determination. In order to be considered for this position, you must complete all required steps in the process.

The online assessment measures critical general competencies required to perform the job. Overstating your qualifications and/or experience in your application materials may result in your removal from consideration. Cheating on the online assessment may also result in your removal from consideration. Rating: You will be assessed on the following competencies (knowledge, skills, abilities, and other characteristics): Attention to Detail Customer Service Flexibility Influencing/Negotiating Integrity/Honesty Interpersonal Skills Learning Reading Comprehension Reasoning Self-Management Stress Tolerance Teamwork Category rating will be used to rank and select eligible candidates.

If qualified, you will be assigned to one of three quality level categories: Best (highest quality category), Better (middle quality category), or Good (minimally qualified category) depending on your responses to the online questions, regarding your experience, education, and training related to this position. Veterans’ preference is applied after applicants are assessed. Preference-eligibles will be listed at the top of their assigned category and considered before non-preference-eligibles in that category. Qualified preference-eligibles with a compensable service-connected disability of 10% or more will be listed at the top of the highest category.

Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. You may be required to participate in a selection interview. If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan(CTAP)/Interagency Career Transition Assistance Plan (ICTAP)) you must be assigned the middle category or better to be rated as “well qualified” to receive special selection priority.

Required Documents

• A complete application includes: 1.
• A resume: All applicants are required to submit a resume either by creating one in USAJOBS or uploading one of their own choosing.
• (Cover letters are optional.) USA Jobs restricts resume uploads to a maximum of 2 pages.
• Resumes attached in other sections (such as "Documents" or "Other") will not be considered in the determination of specialized experience.
• If multiple resumes are submitted, the resume submitted last (based on time stamp) will be the only one reviewed as a part of your application.
• To ensure readability, resumes must be formatted using an easy-to-read font (such as Lato, Calibri, or Arial) with a minimum font size of 10-points and margins no smaller than 0.5 inches.
• Failure to follow these formatting guidelines may result in disqualification from further consideration.
• To receive full credit for relevant experience, please list the month/date/year and number of hours worked for experience listed on your resume.
• For resume writing guidance, please visit USAJOBS Help Center – How do I write a resume for a federal job? 2.
• Vacancy question responses: All applicants are required to complete vacancy question responses by clicking the apply online button of this vacancy announcement. 3.
• Submission of any required documents identified below, if applicable: Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible).
• VETERANS' PREFERENCE DOCUMENTATION: If you are claiming veterans preference, please see applicant guide for required documentation.
• In order to be considered for veterans preference, you must submit all required documentation as outlined in the applicant guide.
• CAREER TRANSITION ASSISTANCE PLAN (CTAP) OR INTERAGENCY CAREER TRANSITION ASSISTANCE PLAN (ICTAP) ELIGIBLE INDIVIDUALS: If you are a displaced or surplus Federal employee, click CTAP/ICTAP for eligibility and a detailed list of required documents you must submit in order to be eligible.