SF Affordable Lending Manager

Company: Freddie Mac
Location: Mc Lean
Posted on: May 24, 2020

Job Description:

Internal-facing support role with highly driven team who owns relationships with housing finance agencies (HFAs) and community development financial institutions (CDFIs) providing homeownership opportunities for very low-, low- and moderate-income borrowers and underserved markets. Your Work Falls into Three Primary Categories: (Category 1) Work on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of HFA and CDFI business models and current trends. (Category 2) Lead cooperative efforts among members of one or more project team(s) and/or manage the coordination of certain department activities, including team reports. (Category 3) Develop relationships and work with contacts in various business areas such as credit policy, strategic delivery, pricing, etc. to support HFA and CDFI engagement efforts. Qualifications Qualifications Requirements College degree required; advanced studies/degree preferred. Typically have 8-10 years related experience and 2 years management experience. Knowledge of key Microsoft Office applications, i.e., Excel, Word, PowerPoint, Outlook, etc. Keys to Success in this Role A basic understanding of the role HFAs and CDFIs play in the affordable housing space and their business models A basic understanding of affordable lending objectives including: GSE affordable housing goals, Duty to Serve, targeted borrowers (first-time homebuyers, very low-, low- and moderate-income borrowers), market affordability issues, and down payment assistance Knowledge/familiarity with mortgage lending programs and terminology, key mortgage functions, and the role of private mortgage insurance in high LTV lending Ability to synthesize data, provide summary level analysis, and format data into various department/unit reports Take the lead in managing HFA-related web content, including updating documents and webpages, developing new documentation, and ensuring links are functioning correctly A passion for affordable homeownership, willingness to learn, and sense of humor Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.

Keywords: Freddie Mac, Washington DC , SF Affordable Lending Manager, Executive , Mc Lean, DC