Mortgage Banking Analyst

Department Of Housing And Urban Development Washington, DC
* Duties

Help Duties Summary

If you do not meet any of the categories listed above, you may wish to apply under announcement 18-HUD-534-P, which is open for any U.S. Citizen to apply. Please refer to that announcement for details on open period, eligibility, and how to apply.

This position is located in the Government National Mortgage Association (Ginnie Mae), Monitoring and Asset Management Division, Office of Issuer and Portfolio Management. Ginnie Mae is a wholly owned government corporation created to help expand homeownership opportunities for low and moderate-income Americans, by linking global capital markets to the nation's housing markets. The Monitoring and Asset Management Division monitors Ginnie Mae mortgage backed securities (MBS) issuers, servicers, and custodians to ensure that those program participants present the least possible risk to Ginnie Mae. The Division is also responsible for the servicing of portfolios acquired by Ginnie Mae through its default of issuers.

Learn more about this agency


As a Mortgage Banking Analyst , you will:

* Monitor the activities of issuers, sub servicers, and custodians to assess their performance, and compliance with Ginnie Mae MBS guidelines and secondary mortgage market practices.

* Participate in on-site reviews of troubled issuers or new issuers as needed. This may include reviews of the servicing portfolio, investor reporting and remitting processes, compliance, staffing, technology, key servicing and collateral processes.

* Monitor mortgage-backed securities issuers and portfolios and works with the Account Executive's ito resolve issuer and portfolio issues (i.e., delinquency, certification, loan insurance) within prescribed timelines and in accordance with Ginnie Mae guidelines.

* Recommend changes in monitoring protocols and external operational risk policies and procedures to improve program efficiency and/or reduce Ginnie Mae's program risk.

Travel Required

Occasional travel - 1-5 days per month

Supervisory status


Promotion Potential


Who May Apply This job is open to… This job is open to:

Current HUD internal employees or employees currently serving on a Veterans Recruitment Appointment (VRA),

2. CTAP eligibles, or

3. Land Management employees eligible through Public Law 114-47.

Questions? This job is open to 4 groups.

* Job family (Series)

1101 General Business And Industry

* Requirements

Help Requirements Conditions of Employment

* Click "Print Preview" to review the entire announcement before applying.

* Please refer to "Conditions of Employment."

* Must be U.S. Citizens or U.S. Nationals.

* HUD employees who are status eligible:

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.


You must meet the following requirements within 30 days of the closing date of this announcement.

Specialized experience: For the GS-13, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized experience for this position includes:

* Working with mortgage backed securities, including mortgage loan servicing, originations, and/OR document custody practices and procedures; AND

* Evaluating and assessing the performance of mortgage issuers, servicers and/OR document custodians; AND

* Utilizing compliance and risk management protocols for mortgage backed securities programs


In addition to the above requirements, you must meet the following time-in-grade requirement, if applicable:

For the GS-13, you must have been at the GS-12 level for 52 weeks.

Time After Competitive Appointment:

Candidates who are current Federal employees serving on a non-temporary competitive appointment must have served at least three months in that appointment.


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