COLLATERAL REVIEW ANALYST

Posted on Oct 9, 2024 by Lakeview Loan Servicing
Horsham, PA
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
Overview:

The Collateral Review Analyst at Lakeview Loan Servicing is responsible for assessing collateral and managing risk exposure in residential real estate. This remote role, with a hybrid option if near Horsham, PA, offers a salary of $55-65K, an annual bonus, and medical benefits starting on day one. The analyst ensures regulatory-compliant appraisals and evaluations, adheres to corporate standards, and reviews condo projects under Fannie Mae, Freddie Mac, VA, and HUD guidelines. Ideal candidates are detail-oriented, organized, strong communicators, and experienced in condo project review and warranty.

Responsibilities:

Conduct reviews of appraisals and other valuation products, approving or declining reports, including those for owner-occupied or tenant-occupied properties, single-family homes, condos, and PUD units.

Communicate with operations and underwriting to obtain clarification or additional supporting data as needed.

Analyze the reasonableness of appraisals to ensure the reported value is supported for financing purposes, while evaluating report completion methodology.

Maintain daily and monthly goals set by senior management.

Escalate any quality or service issues to senior management.

Perform other responsibilities as directed by the team leader or senior management.

Review existing condo projects according to Fannie Mae, Freddie Mac, FHA, and VA guidelines.

Assist in gathering information needed to submit new construction projects to CPM for approval.

Issue warranties for condo projects.

Use Fannie Mae CPM and submit for PEW.

Work with the VA on condo project approvals.

Qualifications:

5 years of recent appraisal review and/or underwriting experience.

Knowledge of real property, terms, types of ownership in real estate, deeds, mortgages, etc.

Real Estate Appraisal Analysis experience preferred.

Capable of completing evaluation analysis of residential properties.

Ability to recognize deficiencies in appraisals and evaluation reports.

Proficiency with Microsoft Word, Excel, Access, PowerPoint, and Outlook.

Knowledge of lending operations and/or appraisal department policies and procedures.

Can work effectively in a team environment but also a self-starter able to work independently.

Good analytical and math skills.

Familiar with secondary market collateral guidelines.

Adhere to company and agency policies, as well as legal and regulatory requirements, including appraisal industry concepts and practices.

Experience with Collateral Underwriter (CU) is a plus.

Knowledge of HUD DELRAP condo approvals is a plus.



Lakeview is an Equal Employment Opportunity employer.  All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

Reference: 203854980

https://jobs.careeraddict.com/post/96061723

COLLATERAL REVIEW ANALYST

Posted on Oct 9, 2024 by Lakeview Loan Servicing

Horsham, PA
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
Overview:

The Collateral Review Analyst at Lakeview Loan Servicing is responsible for assessing collateral and managing risk exposure in residential real estate. This remote role, with a hybrid option if near Horsham, PA, offers a salary of $55-65K, an annual bonus, and medical benefits starting on day one. The analyst ensures regulatory-compliant appraisals and evaluations, adheres to corporate standards, and reviews condo projects under Fannie Mae, Freddie Mac, VA, and HUD guidelines. Ideal candidates are detail-oriented, organized, strong communicators, and experienced in condo project review and warranty.

Responsibilities:

Conduct reviews of appraisals and other valuation products, approving or declining reports, including those for owner-occupied or tenant-occupied properties, single-family homes, condos, and PUD units.

Communicate with operations and underwriting to obtain clarification or additional supporting data as needed.

Analyze the reasonableness of appraisals to ensure the reported value is supported for financing purposes, while evaluating report completion methodology.

Maintain daily and monthly goals set by senior management.

Escalate any quality or service issues to senior management.

Perform other responsibilities as directed by the team leader or senior management.

Review existing condo projects according to Fannie Mae, Freddie Mac, FHA, and VA guidelines.

Assist in gathering information needed to submit new construction projects to CPM for approval.

Issue warranties for condo projects.

Use Fannie Mae CPM and submit for PEW.

Work with the VA on condo project approvals.

Qualifications:

5 years of recent appraisal review and/or underwriting experience.

Knowledge of real property, terms, types of ownership in real estate, deeds, mortgages, etc.

Real Estate Appraisal Analysis experience preferred.

Capable of completing evaluation analysis of residential properties.

Ability to recognize deficiencies in appraisals and evaluation reports.

Proficiency with Microsoft Word, Excel, Access, PowerPoint, and Outlook.

Knowledge of lending operations and/or appraisal department policies and procedures.

Can work effectively in a team environment but also a self-starter able to work independently.

Good analytical and math skills.

Familiar with secondary market collateral guidelines.

Adhere to company and agency policies, as well as legal and regulatory requirements, including appraisal industry concepts and practices.

Experience with Collateral Underwriter (CU) is a plus.

Knowledge of HUD DELRAP condo approvals is a plus.



Lakeview is an Equal Employment Opportunity employer.  All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

Reference: 203854980

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