Wednesday, February 21, 2024 | The Latest Buzz for the Appraisal Industry

Federal Housing Finance Agency (FHFA)

The Federal Housing Finance Agency (FHFA) is hiring a policy analyst to focus on collateral related policy topics including appraisal modernization, appraisal and collateral data, enterprise best practices, and regulatory policy. The Policy Analyst also monitors the enterprises activities including programs, products, business strategies and operations.

Link to Job Announcement

 

Duties

Office of Housing and Regulatory Policy

The Office of Housing and Regulatory Policy (OHRP), part of the Division of Housing, Mission, and Goals (DHMG), is responsible for analyzing and developing housing and regulatory policy for Fannie Mae and Freddie Mac (the Enterprises), as set forth in their statutory missions and congressional charters.

Single Family Origination and Selling Team

The policy analyst on this team evaluates and provides ongoing policy analysis across several dimensions, including secondary market loan delivery, operations and data; underwriting and collateral standards; programs and products; and quality control. The policy analyst will be involved in broad policy discussions related to access and the availability of mortgage credit, and mortgage data standardization.

The duties listed below are described at the EL-12 grade level. At grade EL-11 you will perform these duties with varying levels of difficulty and supervision.

 

Major Responsibilities:

Incumbent selected will perform the following duties:

  • Work with the Enterprises on the development of future collateral policy, including appraisal modernization and technology adoption.
  • Work with senior staff on the further development of appraisal data standards.
  • Complete analysis of policy proposals and present recommendations to team, division, and agency leadership.
  • Work with the Enterprises on the development of appraisal best practices.
  • Partner with other federal agencies on collateral-related activities in support of the cross-agency PAVE efforts.
  • Leverage knowledge to support further adoption of technology in the collateral industry.
  • Participate in developing and monitoring policy related to the Enterprises’ single-family programs, products, business strategies, and operations.
  • Assist in consulting with Congress, federal agencies, mortgage industry participants and related trade associations.
  • Contribute to resolution of written and telephonic inquiries regarding housing finance programmatic and policy issues.
  • Collaborate with housing finance experts, groups, and stakeholders through meetings, conferences, symposiums, and forums to support policy development for the Enterprises.
  • Work on special projects and help coordinate within the FHFA and/or with the Enterprises, as appropriate. Develops presentation materials for such projects and is responsible for the accuracy of presentation materials.
  • Keep abreast of developments in housing finance by monitoring real estate finance and marketing, and affordable housing trends and legislative developments. Apply information gathered in daily work assignments, as input for program modifications as appropriate.
  • Performs other duties as assigned.

Requirements

Conditions of Employment

  • Must be a U.S. Citizen or National
  • Males born after 12-31-59 must be registered for Selective Service
  • Suitable for Federal employment, as determined by background investigation
  • May be required to successfully complete a probationary period
  • Only experience and education obtained by the closing date of this announcement will be considered.
  • Resume and supporting documents (See How To Apply)
  • This is NOT a remote position; you MUST live within or be willing to relocate within a commutable distance of the Washington, DC duty location.

 

Qualifications

In order to qualify for the Policy Analyst (Appraisal) position, you must meet the education and/or experience requirements for each grade level described below. Your resume must clearly describe your relevant experience; if qualifying based on education, your transcripts (official or unofficial) will be required as part of your application.

Minimum Qualification Requirement for the EL/GS-11 level: To qualify for the EL/GS-11 grade level, you must meet one of the three qualification requirements described below for an EL/GS-11 level Policy Analyst. Please select the response that describes your education and/or experience.

A. Degree: Ph.D. in finance, business administration, economics, public policy, urban planning, real estate or closely related field.

-OR-

B. Combination of education and experience: a combination of education and appropriate experience.

-OR-

C. Specialized Experience: I have at least 52 weeks of specialized experience equivalent to the EL/GS-09 level in the Federal service or private sector.

Examples of specialized experience includes the following:

  1. Demonstrated knowledge of the appraisal regulatory system and current appraisal-related issues.
  2. Experience evaluating collateral risk of single-family properties.
  3. Experience assessing single family property characteristics, values, and completing Enterprise appraisal forms.
  4. Work experience that includes knowledge of lender and vendor processes for evaluating collateral.
  5. Experience that includes comprehensive understanding of federal and state appraisal regulatory oversight.
  6. Assisted in gathering data and analyzing facts to support housing finance policy decisions.

Note: To qualify using specialized experience your resume MUST demonstrate your ability to perform 3 of the 6 described above.

A licensed or certified appraiser is desirable, but not required. Applicants who are licensed or certified appraisers must be in good standing.

Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

 

Education

ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school’s definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html

 

Additional information

An Overview of FHFA’s Benefits for Fiscal Year 2023 provides a summary of benefits for the current fiscal year.

If you are a veteran with preference eligibility and are claiming 5-points veterans’ preference, you must submit a copy of your DD-214 or other proof of eligibility. If you are claiming 10-point veterans’ preference, you must also submit an SF-15, “Application for 10-Point Veterans’ Preference” plus the proof required by that form. For more information on veterans’ preference visit: https://www.usajobs.gov/Veterans.

Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/RegVer/wfRegistration.aspx).

Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: (1) meet CTAP or ICTAP eligibility criteria; (2) be rated well-qualified for the position; and (3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. For more information visit: http://www.opm.gov/rif/employee_guides/career_transition.asp.

FHFA may select from this announcement or any other source to fill one or more vacancies.

FHFA is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment regardless of race, color, religion, gender (including pregnancy, sexual orientation, and gender identity), national origin, disability (physical or mental), age (40 years of age or over), genetic information, parental status, marital status, prior protected EEO activity, political affiliation, or other non-merit factors.

REASONABLE ACCOMODATION: FHFA provides reasonable accommodations to applicants with disabilities, except when doing so would pose an undue hardship on the Agency. If you need a reasonable accommodation for any part of the application and hiring process, please notify FHFA. The Agency’s decision on granting a reasonable accommodation will be made on a case-by-case basis.

  • (202) 649-3963
  • 7-1-1 TTY
  • reasonableaccommodations@fhfa.gov

Ethics: FHFA employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions. In addition, certain FHFA employees are prohibited from accepting compensation from Fannie Mae and Freddie Mac for a two-year period after terminating employment with FHFA. Furthermore, to avoid financial conflicts-of interest or the appearance of conflicts-of-interest, FHFA employees may need to divest or sell certain assets they, their spouse, or minor children own or control, including securities issued by Fannie Mae, Freddie Mac, or the Federal Home Loan Banks. Employees who work on Federal Home Loan Bank issues may need to sell or divest financial interests with any of the Federal Home Loan Bank members, which may include stock in bank holding companies, insurance companies, and other financial services firms. Questions regarding these requirements and prohibitions should be directed to the Office of General Counsel at (202) 649-3088.

 

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  • Benefits
    • Help
    • A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Learn more about federal benefits.
    • Review our benefits

 

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

This position is being filled through Federal Housing Finance Agency’s hiring authority granted by the Housing Economic Recovery Act (HERA). All applicants meeting the basic qualification requirements will be forwarded to the selecting official for consideration. Candidates with Veteran’s preference, who meet the specialized experience and education requirements for this vacancy, will be given priority consideration over non-preference candidates.

We recommend that you preview the online questions for this announcement before you start the application process. To preview the assessment questionnaire: https://apply.usastaffing.gov/ViewQuestionnaire/11996094

All of the information you provide will be verified by a review of the work experience and/or education as shown on your application forms, by checking references or through other means, such as the interview process. This verification could occur at any stage of the application process. Any exaggeration of your experience, false statements, or attempts to conceal information may be grounds for rating you ineligible.

Help

 

Required Documents

FHFA’s application process has been specifically developed to ensure that we only ask you for the information we absolutely need to evaluate your qualifications and eligibility. All applicants are required to submit the following supportive documents:

1. Your Resume: If you have not written a federal resume before, you may want to watch this Resume Writing Tutorial video on the USAJOBS YouTube channel, or read through a helpful Resume Writing FAQ on the USAJOBS Help Site to learn what details you should, and should not, include in your resume. A CV (curriculum vitae) may not contain enough information to meet these resume requirements.

Your resume should list all work experience (paid and unpaid); you must list the full name and address of each employer.
For all types of work experience, you should indicate the start and end date (include month and year); you must also list the average number of hours per week that your worked.
Your resume should also include any education and training you have completed (list the program title, subject area, number of hours completed, and completion date).

2. Required, if qualifying based on education: An unofficial college transcript. (Note: If you are selected for a position, official transcript will be required.)

3. Required, if applicable: CTAP/ICTAP documentation (a copy of a separation notice or other proof of eligibility for priority selection; a copy of an SF-50, Notification of Personnel Action, showing current position, grade, promotion potential, and duty location; AND a copy of your most recent performance appraisal.)

4. Required, if applicable: Veteran’s Preference Documentation (DD-214, Member Copy 4 or other documentation containing dates of service and character of discharge. Disabled veterans and other applicants eligible for 10-point Veteran’s Preference please include: documentation to validate your claim – VA letter, SF-15, etc).

Important Notes:

  • Utilize the preview feature of USAJobs to view your documents and ensure the formatting remains and all documents are legible.
  • Additional materials will not be accepted after the announcement closes (e.g. updated grades, updated resume, etc.).
  • Your full name must be clearly visible on all documents.
  • Do not submit encrypted documents.
  • Tips: Encrypted documents do not transmit properly through USAJobs. We recommend, you save the document as a new PDF, or Print to PDF to ensure the document comes through properly and is displayed properly using the USAJobs preview feature.
  • If the position has an education requirement or you are qualifying on the basis of education, you need to list your education history including the type of degree and your major of study. If the position requires a certain number of credit hours, you are strongly encouraged to list the relevant courses in your resume. Do not include a photograph or video of yourself, or any sensitive information (age, date of birth, marital status, protected health information, religious affiliation, social security number, etc.) on your resume or cover letter. We will not access web pages linked on your resume or cover letter to determine your qualifications
  • Failure to submit any of the above-mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.

Help

 

How to Apply

To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section below.

A complete application package must be submitted by 11:59 PM (EST) on 08/04/2023 to receive consideration.

  • To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application.
  • Follow the prompts to select your resume and/or other supporting documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
  • After acknowledging you have reviewed your application package, complete the Include Personal Information section as you deem appropriate and click to continue with the application process.
  • You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application.

To update your application, including supporting documentation, at any time during the announcement open period, return to your USAJOBS account (https://usajobs.gov). Once logged in, there you will find a record of your application, the application status, and an option to Edit my application. This option will no longer be available once the announcement has closed.

To verify the status of your application both during and after the announcement open period, log into your USAJOBS account: https://www.usajobs.gov. On the Home page, scroll down and locate your job application. Once the job has been located, click the “Track this application” link on the right under the application date. The page will refresh to display the Agency’s Application Information page where you can scroll down and review any notifications the agency has sent you. The Application Status will appear along with the date your application was last updated. For information on what each Application Status means, visit: https://www.usajobs.gov/Help/how-to/application/status/.

If you are unable to apply online, you must request an alternative application which is available from the Human Resources Office. Please contact Devin Hinkle at devin.hinkle@fhfa.gov or (202) 649-3777 to obtain an alternative application.

 

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Agency contact information

Devin Hinkle

Phone: (202) 649-3777

Email: devin.hinkle@fhfa.gov

Address
FEDERAL HOUSING FINANCE AGENCY
400 7th Street, SW
Washington, DC 20219 US

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