DE Certified FHA Appraisal Review Specialist

Regions • Hoover, AL

10d • $46,750 - $57,270 • Hybrid

About The Position

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice. At Regions, the Residential Appraisal Review Specialist underwrites residential mortgage property appraisals. This role is responsible for reviewing residential appraisal reports for FHA compliance and collateral acceptability. The position does not perform mortgage underwriting; rather, it leverages FHA appraisal expertise to evaluate appraisal quality, completeness, and adherence to FHA requirements. Direct Endorsement (DE) designation is required. This position requires a minimum of three working days in the office at our Hoover, AL or Hattiesburg, MS location.

Requirements

• High School Diploma or GED
• Two (2) years of appraisal review experience or Federal Housing Administration (FHA)/Veterans Affair (VA) designation
• Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
• Knowledge of Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corp (FHLMC), Federal Housing Administration (FHA), Veterans Affairs (VA), United Stated Department of Agriculture (USDA), and Portfolio appraisal guidelines
• Strong analytical skills
• Strong verbal, written communication, and organizational skills
• Strong work ethic and self-motivation

Nice To Haves

• Direct Endorsement (DE) Certification
• Active FHA DE credential

Responsibilities

• Reviews and decisions incoming appraisals
• Ensures accuracy, quality, and compliance in all documentation
• Follows up on appraisal revisions with appraiser or Residential Valuation Services
• Communicates with sales and operations partners
• Receives explicit instruction on filing, recording, and organizing documentation associated with appraisals
• Reviews Low Risk reports as determined by Federal National Mortgage Association (FNMA), Consumer Unit (CU), Freddie Life Cycle Assessment (LCA) and General Anti Avoidance Rules (GAAR) scores
• May work with third party vendors in the execution of property appraisals for assets within the various stages of delinquency and default processes
• Reviews a mixture of Government Appraisals and Conventional/Portfolio Appraisals
• Provides advice and guidance to less experienced associates as needed
• Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices

Benefits

• This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED