NEWMARK

Closing Officer - HUD Delivery Assistant

NEWMARK • $80K — $95K *
Mclean, VA 22101In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 3-5 years of experience in HUD multifamily lending or Ginnie Mae securitization.
  • Strong knowledge of HUD-insured multifamily loan programs and delivery requirements.
  • Experience in reviewing loan closing documents and coordinating post-closing delivery processes.
  • Familiarity with warehouse lending and mortgage-backed securities transactions is preferred.
  • Excellent organizational skills to manage multiple transactions and deadlines.
  • Strong communication skills with high attention to detail.
  • Proficiency in Microsoft Office Suite and industry-related software.

Responsibilities

  • Manage delivery of HUD-insured multifamily loans into Ginnie Mae pools.
  • Coordinate aspects of FHA-insured multifamily and healthcare loan closings with the Closing Officer.
  • Act as liaison between lenders, Ginnie Mae, custodians, and trustees for compliant loan transactions.
  • Prepare warehouse funding and coordinate pool securitization delivery.
  • Maintain records of loan delivery status, pooling schedules, and custodial documentation.
  • Assist in resolving delivery exceptions and compliance issues with stakeholders.
  • Support accounting functions through unique reporting and wire request preparation.

Benefits

  • Collaborative work environment with industry professionals.
  • Opportunity to develop expertise in FHA-insured loans and Ginnie Mae processes.
  • Exposure to diverse housing finance transactions and regulatory compliance frameworks.
Full Job Description
Job Description

The Ginnie Mae Delivery/FHA Assistant Closing Officer role will include managing the delivery of HUD-insured multifamily loans into Ginnie Mae mortgage-backed securitization pools and collaboration with the Closing Officer in coordinating all aspects of FHA-insured multifamily and healthcare loan closings. This role supports the closing process of the HUD MAP and healthcare transactions, Ginne Mae delivery requirements, post-closing servicing coordination and transaction compliance, and will act as a liaison between the lender, Ginnie Mae, document custodians, trustees, and other transaction participants to ensure timely, accurate, and compliant loan securitization and funding activities. The position also supports the accounting and treasury functions through communication of unique investor reporting requirements, wire request preparation and review of HUD loan documentation for accuracy and compliance.
  • Security Officer for the My Ginnie Mae Portal on behalf of Newmark.
  • Monitor and track the GNMA Commitment Authority held by Newmark to ensure sufficiency for upcoming FHA transactions.
  • Obtain, track and assign pool numbers assigned to Newmark by Ginnie Mae for upcoming transactions.
  • Work with investment team on upcoming closing and GNMA delivery dates within guidelines set by HUD and Ginnie Mae in advance of rate lock, review and approve Investor Confirmations.
  • Review HUD closing documents and collateral packages for completeness, accuracy, and compliance with delivery requirements, including assignments to Warehouse lender and GNMA.
  • Prepare and coordinate warehouse funding, pool securitization delivery with investors funding and delivery of securities.
  • Maintain accurate records of loan delivery status, pooling schedules, funding activity, and custodial documentation.
  • Coordinate resolution of delivery exceptions, document deficiencies, and compliance issues with internal and external stakeholders.
  • Function as the liaison with the Servicing groups with changes and GNMA reporting for conversion of loans from construction to permanent.
  • Assist with third party and internal audits, compliance reviews, and reporting requirements related to loan delivery and securitization activities.
  • Prepare, process, and coordinate wire requests related to loan closings, funding disbursements, security issuances, and other transaction-related payments in compliance with internal controls, approval authorities, and treasury procedures.
  • Attend conferences and meetings relating to the modernization of processes and procedures adhere to HUD and Ginnie Mae.
  • Provide support and research assistance to Servicing relating to missing documentation, and reconciliation of funds.
  • Review underwriting and credit information to confirm consistency between approved underwriting and closing documentation
  • Prepare closing statements, review and coordinate all related closing documentation including final invoices for payment, insurance approval, escrow analysis, repair completion confirmation, disbursement schedules, draw processing and all other closing related matters in compliance with the FHA guidelines.
  • Ability to review and interpret legal and loan documentation.
  • Track critical deadlines related to rate locks, commitment expirations, endorsements, and pool certifications.
  • Serve as intermediary between internal departments, outside counsel, HUD representatives, Ginnie Mae issuers, investors, and servicing teams.
  • Facilitate post-closing servicing functions, including:
    • Final Endorsements
    • Transfer of Physical Assets (TPAs)
    • Modified TPAs
    • Change of Ownership/Participation (CHOPs)
    • Change of Authorized Agent (CHAOs)
  • Assist with resolution of closing deficiencies, curative items, and servicing-related issues.
  • Provide support to underwriting team and others.
  • Maintain working knowledge of HUD MAP Guide requirements and HUD closing procedures and ensure adherence to HUD, Ginnie Mae, investor, and company policies and procedures.


Responsibilities

Qualifications:

The ideal candidate possesses strong knowledge of HUD multifamily lending programs, lien position transactions, servicing transfer functions, and basic underwriting principles related to FHA-insured loans.
  • Minimum of 3-5 years of experience in HUD multifamily lending, Ginnie Mae securitization, loan delivery, or commercial real estate finance.
  • Strong understanding of HUD-insured multifamily loan programs and Ginnie Mae pooling and delivery requirements.
  • Experience reviewing loan closing documents and coordinating post-closing delivery processes.
  • Familiarity with warehouse lending, custodial requirements, and mortgage-backed securities transactions preferred.
  • Strong organizational skills with the ability to manage multiple transactions and deadlines simultaneously.
  • Excellent written and verbal communication skills and high attention to detail and strong analytical abilities.
  • Proficiency in Microsoft Office Suite and loan servicing or delivery platforms.
  • Knowledge of HUD MAP Guide requirements and Ginnie Mae Issuer responsibilities.
  • Ability to independently resolve transaction issues in a fast-paced environment.
  • Strong understanding of:
    • Compliance and risk management practices related to loan funding and securitization activities.
    • FHA multifamily and healthcare loan programs
    • Knowledge of GNMA pooling requirements and certification procedures
    • Loan servicing transfers and ownership changes
    • Understanding of servicing operations and post-closing compliance requirements.

Key Competencies
  • Transaction management
  • Regulatory compliance
  • Attention to detail
  • Communication and coordination
  • Problem-solving

About NEWMARK

Newmark designs, builds and sells single-family homes in five major markets within the Southwest and Southeast United States, including Houston, Austin, Dallas/Fort Worth, Miami/Ft. Lauderdale and, most recently, Nashville. Each of these markets has experienced population and job growth above the national average over the past several years. The Company operated in 49 subdivisions in these metropolitan areas, and had 444 homes under construction at December 31,1997. In addition, as of December 31, 1997, the Company owned or had under option contract 2,020 lots available for future growth. The Company is also actively engaged in residential land acquisition and development, which enables it to provide lots for its homebuilding operations.

NEWMARK Careers

Joining NEWMARK offers a unique opportunity to become part of a dynamic team that drives innovation and leadership in the industry. NEWMARK, a leader in its field, is renowned for fostering professional growth and embracing diversity through comprehensive diversity training programs.

Explore Job Opportunities

NEWMARK is constantly seeking skilled professionals eager to contribute to a team that values innovation and expertise. With a variety of job opportunities available, candidates can find positions that match their skills and career aspirations. NEWMARK is committed to hiring top talent to maintain its status as an industry leader.

Experience Professional Growth

At NEWMARK, career growth is not just a possibility, but a priority. The company supports its team members with resources and opportunities to advance professionally. Through targeted leadership programs and regular skills development workshops, employees at NEWMark are equipped to take on new challenges and elevate their careers.

Internship Programs

For those starting their careers, NEWMARK’s internship programs offer a gateway into the industry with hands-on experience and valuable networking opportunities. Interns at NEWMARK gain insights into the company’s operations and contribute to meaningful projects, setting a solid foundation for future employment.

Cultivating a Diverse and Inclusive Culture

NEWMARK is dedicated to creating an inclusive environment where diversity is celebrated. The company’s commitment to diversity training ensures that all team members feel valued and understood. NEWMARK’s culture is one of its greatest strengths, fostering a workplace where innovation thrives through diverse perspectives.

Benefits and Perks

Employees at NEWMARK enjoy a comprehensive benefits package that supports both their professional and personal lives. From health and wellness programs to flexible working arrangements, NEWMARK ensures that team members have what they need to succeed.

Join the NEWMARK Team

NEWMARK is actively hiring and looking for individuals who are passionate, curious, and driven. Explore open positions, submit a resume, and prepare for an interview process designed to identify true potential. NEWMARK values solution-driven team players who are ready to contribute to the company’s success.

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Learn more about NEWMARK
Size
251 employees
Industry
Real Estate & Construction
* Ladders Estimates

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