DIRECTOR, REAL ESTATE OWNED DIVISION | DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

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 eligibles under announcement 23-HUD-2208. Please refer to that announcement for details on open period, eligibility, and how to apply.

Open & closing dates – 06/22/2023 – 07/02/2023

Duties

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. These functions are carried out by dedicated staff in our Washington, DC headquarters, four Homeownership Centers in Atlanta, GA, Denver, CO, Philadelphia, PA, and Santa Ana, CA, and through our National Servicing Center in Tulsa, OK.

As a Director, Real Estate Owned Division, you will:

• Review technical reports of property damage which may have occurred since evaluation of previous reports. Approved adjustments as necessary to be made with the insurance of debentures for cash settlements. Ensure necessary precautions to protect vacant properties against vandalism and seasonal damage.
• Assert surveillance over the proper use of accessible contractors, the meeting of schedules in a timely and expeditious manner, and the adequate maintenance of required office and rental control records.
• Coordinate the completion and processing of necessary documents, and the verification of their accuracy, in connection with the closing of sales, including proration of taxes, interest accrual, initial and monthly escrow deposits. Coordinate the recordation of conveyance and mortgage document, review of the evidence and the preparation of transmittal of closing statements, documents, and supporting data to Headquarters.
• Oversee preparation of deeds and mortgages and closes sales in accordance with Department instructions.
• Be responsible for the retention and control of earnest money deposits and receipts, and for deposit of sales proceeds; and arranges settlement of class and complaints arising in connection with acquired properties and those sold by the Secretary.

Requirements

Conditions of Employment

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.
• A one year supervisory or managerial probationary period may be required.
• 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.”

Qualifications

You must meet the following requirements by the closing date of this announcement.

Specialized Experience: To be qualified for this position at the GS-14 level, you must have at least one year of specialized experience equivalent to the GS-13 level.Specialized experience is defined as:

– Planning, organizing, directing or coordinating the technical operations involved in HUD real-estate-owned properties and asset management services.; AND
– Communicating with subordinate staff, managers, and clients to include negotiating issues and achieving resolutions and remedies.

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.

Education

This job does not have an education qualification requirement.

For more information, contact the Asst Secretary for Housing-Federal Housing Commissioner
Administrative Resource Center at [email protected] or (304) 480-7300.