Job Description:

Certified Appraisers

Ratliff Associates, recruiters of Accounting and IT professionals, is immediately seeking 10+ Appraisers as part of a subcontract for Fannie Mae.  Appraisers assigned to these two year or longer engagements will perform valuation reviews of appraisal reports for single family dwellings, especially those pending resale.  The engagement may also include review of 2 to 4 family, condominium, cooperative, land trusts, leasehold and factory-built properties.  

General Summary

The Appraisers will initially perform valuations of residential properties for resale.  These properties may be in disrepair and therefore require real market valuation adjustments to account for plumbing, wiring, etc. issues.  Appraisers will subsequently review appraisal reports used by seller/services submitting lending decisions to Fannie Mae to determine if they meet Fannie Mae guidelines  and USPAP standards.  Estimated DURATION is two to four years.  The work will be conducted on site at Fannie Mae North Dallas location five days a week, 40 hours per week.

Responsibilities:

• Perform retrospective valuation reviews of appraisal reports used by seller/servicers to determine if they meet Fannie Mae and Uniform Standards of Professional Appraisal Practice
• Conduct research and analysis on Fannie Mae collateral
• Document conclusions and accurate assessments of the valuation reviews in the Quality Assurance System (QAS)
• Conduct necessary correspondence with lenders
• Manage and prioritize caseload of pending and active appraisal reviews
• Maintain current knowledge of Fannie Mae guidelines and respond to internal/external valuation questions

Requirements:

• Minimum SEVEN years recent appraisal experience required. Regretfully this is not negotiable
• Certification required but a "recent" lapse in certification will be acceptable
• Demonstrated ability to calculate loan-to-value ratios, utilize market extractions and derive gross rent multipliers is needed; experience developing cap rates and discounted cash flow analysis a plus but not required
• Working knowledge of Fannie Mae valuation guidelines, USPAP, AVM/APS and other valuation tools, as well as general knowledge of the Selling and Servicing guides, Desktop Underwriter, Excel
• Excellent written and verbal communication skills to communicate findings and recommendations 
• Professional appearance and demeanor a must

Compensation:

Candidates must able to commute to North Dallas on a daily basis and be Permanent Residents or US Citizens as no sponsorship or relocation will be provided.

Qualified candidates please submit your confidential resume here
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