Careers at MassHousing

At MassHousing, we believe a home is more than a roof and four walls. A home is safety and security, opportunity and peace of mind. Our team of talented professionals works to ensure that all Massachusetts residents have a safe, healthy and affordable place to call home. If you share our commitment, we hope you will consider joining us.

Equal Opportunity Employer M/F/V/D

MassHousing is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, colleagues and partners without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law. MassHousing believes that diversity and inclusion among our colleagues and partners is critical to our success, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

Why Work at MassHousing?

Competitive salaries

Work/Life Balance with flexible schedules and generous leave time

Comprehensive health, dental, life, and disability plans

Professional development & tuition assistance

Employer-matched deferred compensation plan

Current Openings

Director of Housing Stability

Organization: MassHousing

Location: One Beacon Street, Boston, MA 02108

Posting Closes: Close of Business on 6/6/2022

Website: www.masshousing.com

MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.

The Organization

MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.

We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion.

As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing's total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:

  • Tuition reimbursement up to $10,000 per calendar year
  • A 35-hour work week and a hybrid work schedule
  • Back up Child/Elder Care
  • Retirement Savings including a pension and a deferred compensation plan (with a match)
  • Comprehensive health, dental and vision plans
  • 12 paid Holidays per year and generous sick, vacation, and personal time
  • Short-Term Disability
  • Central Boston office location, convenient to public transportation and amenities on site

If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch

Position Summary

The Director of Housing Stability is responsible for the successful performance of this highly mission-oriented function ensuring its programs advance the Agency’s corporate goals and serve the needs of the Agency’s multiple constituents. This dynamic leader will regularly represent the Agency in multiple public venues, increasing awareness of the Housing Stability programs to enhance their effectiveness, generate additional business opportunities for the Agency’s Multifamily and Homeownership business lines and attract philanthropic and other government funding. The Director of Housing Stability will contribute to the strategic planning of the function and will be responsible for the effective implementation of the resulting initiatives. S/He will utilize quantitative and qualitative data to design, execute and evaluate programs and their effectiveness and will be responsible for developing a robust network of partnerships with third-party service providers and funding sources to achieve MassHousing’s corporate and Housing Stability program goals.

Specific Duties and Responsibilities

  • Manage and oversee the Agency's mission-oriented Housing Stability function including:
    • Review existing/establish new programs ensuring alignment with MassHousing's strategic goals.
    • Develop key performance indicators to monitor Housing Stability program impacts.
    • Review existing grant-making processes and programs to ensure on-going relevance to MassHousing constituents' needs.
  • Develop relationships, partnerships and alliances to achieve MassHousing's goals in:
    • Housing Stability Program development and delivery
    • External funding from philanthropic/other governmental sources
    • Healthcare and senior housing issues
    • New business development for both Multifamily and Homeownership business lines
  • Monitor trends in financial services, real estate development, affordable housing lending, healthcare and other related fields.
  • Serve as the conduit for information regarding Housing Stability activities, both internally and externally to the Agency.
  • Provide consultative guidance for senior leadership team on efforts related to Housing Stability initiatives.
  • Represent MassHousing at public events.
  • Perform other related duties as assigned.

Knowledge, Skills and Abilities Required

  • Demonstrated ability to design, implement, manage the lifecycle, and measure the impact of programs.
  • A working knowledge of State and Federally funded social service and healthcare programs.
  • Demonstrated ability to develop external partnerships to advance corporate goals.
  • Demonstrated ability to passionately articulate the Agency’s mission, vision and values to create philanthropic interest in the expansion of the Housing Stability programs.
  • The ability to provide strategic level, critical thinking in problem solving settings.
  • Grant-writing experience or the demonstrated ability to manage grant acquisition programs.
  • A strong work ethic, with a results-oriented philosophy and personal qualities of trustworthiness, openness, accessibility, kindness, flexibility, and a sense of humor.
  • Ability to manage staff through significant levels of change.
  • Experience leveraging data and analytics to develop insights and drive decision-making.
  • Proficient in Microsoft Office Suite.
  • Commitment to MassHousing’s mission and its staff.
  • Ability to motivate and rally support in service of MassHousing’s mission and goals.

Minimum Education and Training

  • Bachelor's degree. Advanced degree in public policy/administration, healthcare administration or social work helpful but not required.
  • 10+ years of relevant experience in strategic program development, implementation and impact measurement; establishing and maintaining strategic partnerships; grant-making and grant procuring program management, and civic/community engagement collaborating with diverse groups of individuals and managing relationships with people at all levels.

Salary Range: $144,545 - $187,908

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.

This position has been designated as "Flex" under MassHousing's Alternative Work Schedule (AWS)-hybrid work model, which means the employee is in the office at least eight days a month.

As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.

MassHousing is an Equal Opportunity Employer

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Home Ownership Loan Acquisition and Closer Analyst

Organization: MassHousing

Location: One Beacon Street, Boston, MA 02108

Posting Closes: Close of Business on 6/10/2022

Website: www.masshousing.com

MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.

The Organization

MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.  

We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion. 

As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’ s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:

  • Tuition reimbursement up to $10,000 per calendar year
  • A 35-hour work week and a hybrid work schedule
  • Back up Child/Elder Care
  • Retirement Savings including a pension and a deferred compensation plan (with a match)
  • Comprehensive health, dental and vision plans
  • 12 paid Holidays per year and generous sick, vacation, and personal time
  • Short-Term Disability
  • Central Boston office location, convenient to public transportation and amenities on site

If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch

Position Summary

Reporting to the Manager of Correspondent Lending Operations, the Home Ownership (HO) Loan Acquisition and Closer Analyst is responsible to perform the loan acquisition functions of Correspondent Channel and closing functions of Wholesale Channel. The primary responsibility of the HO Loan Acquisition and Closer Analyst is to utilize prescribed systems and processes to successfully purchase or close real estate mortgages.

Specific Duties and Responsibilities

  • Review closed loan files from correspondent lenders for completeness and eligibility according to program guidelines to include, but not limited to, documentation, income/ratio calculations, credit reports and appraisals, calculations, and verifications of allowable maximum loan amounts, etc.
  • Authorize the funding of mortgage loans from correspondent lenders upon purchase authorization.
  • Upon final approval of loan from Wholesale Loan Dept, prepare and securely transmit closing documents to closing attorney for wholesale originated loans.
  • Submit loan funding requests for wholesale originated loans to Agency’s Accounting department.
  • Confirm receipt of complete and accurate post-closing executed documents, and assist with clearing post-closing deficiencies.
  • Perform administrative duties such as monitoring departmental electronic mailboxes and receiving phone calls regarding loan programs.
  • Handle loan related questions generated by Lenders, mortgage brokers, and internal stakeholders.
  • Respond to, trouble shoot and resolve questions from customers in an efficient, timely, and professional manner.

Knowledge, Skills and Abilities Required

  • Working knowledge of GSE and FHA loan eligibility
  • Working knowledge of compliance and disclosure requirements (TRID)
  • Working knowledge of Fair Housing Regulations
  • Demonstrate excellent organization skills and ability to pay strong attention to detail
  • Ability to prioritize and meet deadlines
  • Ability to work independently with minimal supervision
  • Excellent communication and customer service skills

Minimum Education and Training

  • Associate or bachelor's degree in Business or related major or equivalent years of experience required
  • 2-4 years of mortgage experience with a proficiency in preparing and reviewing of loan closing documentation including strong familiarity with closing disclosures, insurance guidelines, and title

Salary Range: $72,956 to $94,842

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.

This position has been designated as "Flex" under MassHousing's Alternative Work Schedule (AWS)-hybrid work model which means; employee is in the office at least eight days a month.

As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.

MassHousing is an Equal Opportunity Employer

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Home Ownership Loan Processor

Organization: MassHousing

Location: One Beacon Street, Boston, MA 02108

Posting Closes: Close of Business on 5/25/2022

Website: www.masshousing.com

MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.

The Organization

MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.  

We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion. 

As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’ s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:

  • Tuition reimbursement up to $10,000 per calendar year
  • A 35-hour work week and a hybrid work schedule
  • Back up Child/Elder Care
  • Retirement Savings including a pension and a deferred compensation plan (with a match)
  • Comprehensive health, dental and vision plans
  • 12 paid Holidays per year and generous sick, vacation, and personal time
  • Short-Term Disability
  • Central Boston office location, convenient to public transportation and amenities on site

If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch

Position Summary

Reporting to the Manager of Wholesale Lending, the Home Ownership Loan Processor is responsible for the processing of loans for MassHousing’s Home Ownership Programs. Primary duties of the position include application intake, screening, review and initial eligibility determination, submission to underwriter, and assisting with clear to close.

Specific Duties and Responsibilities

  • Monitor loan pipeline to ensure timely loan processing and all deadlines are met.
  • Review new loan applications for completeness and eligibility according to program guidelines to include, but not limited to, income/ratio calculations, credit reports and appraisals, calculations, and verifications of allowable maximum loan amounts.
  • Ensure documentation requirements are met including income, employment, asset and liability verification and validation.
  • Submit complete loan file package to Underwriter for approval decision.
  • Coordinate closing dates and maintain closing calendar.
  • Communicate with mortgage brokers regarding loan status, outstanding items and assist in addressing questions.
  • Monitor and ensure rate lock and closing purchase deadlines are met.
  • Prepare reports and reconciliations as needed.
  • Perform administrative duties such as monitoring departmental electronic mailboxes and receiving phone calls regarding loan programs.
  • Perform other duties as required.

Knowledge, Skills and Abilities Required

  • Working knowledge of GSE and FHA loan eligibility
  • Working knowledge of compliance and disclosure requirements (TRID)
  • Working knowledge of Fair Housing Regulations
  • Demonstrate excellent organization skills and ability to pay strong attention to detail
  • Ability to prioritize and meet deadlines
  • Ability to work independently with minimal supervision
  • Possess high level of integrity and confidentiality
  • Excellent communication and customer service skills

Minimum Education and Training

  • Associate or bachelor's degree in Business or related major or equivalent years of experience required.
  • 2-4 years of recent mortgage experience in mortgage loan processing.

Salary Range: $78,915 to $102,590

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.

This position has been designated as "Flex" under MassHousing's Alternative Work Schedule (AWS)-hybrid work model which means; employee is in the office at least eight days a month.

As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.

MassHousing is an Equal Opportunity Employer

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Financial Analyst, Mortgage Insurance Fund

Organization: MassHousing

Location: One Beacon Street, Boston, MA 02108

Posting Closes: Close of Business on 6/13/2022

Website: https://www.masshousing.com

MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.

The Organization

MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people.A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work topromote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.

We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion.

As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’ s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:

  • Tuition reimbursement up to $10,000 per calendar year
  • A 35-hour work week and a hybrid work schedule
  • Back up Child/Elder Care
  • Retirement Savings including a pension and a deferred compensation plan (with a match)
  • Comprehensive health, dental and vision plans
  • 12 paid Holidays per year and generous sick, vacation, and personal time
  • Short-Term Disability
  • Central Boston office location, convenient to public transportation and amenities on site

If you’re ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch

Position Summary

Under the direct supervision of the Manager of the Mortgage Insurance Fund (MIF), the Financial Analyst of MIF will support both external and internal customers. The Financial Analyst will be responsible for review of mortgage insurance servicing functions such as: claim reviews, loss mitigation requests, releases of liability and assumptions, reinsurance matters, and ad-hoc, daily, monthly, and quarterly reporting to GSEs and reinsurers. The Financial Analyst will work closely with management and MIF team members to ensure the systems and portfolio remain accurate and up-to-date and will also collaborate with internal departments to provide input and complete servicing activities and organizational initiatives.

Specific Duties and Responsibilities

  • Review, perfect and coordinate processing of all MI claims from servicers.
  • Learn to handle and process all MIPlus matters submitted by borrowers and servicers.
  • Prepare bidding instructions for foreclosure sales and make recommendations on loss mitigation requests.
  • Work with risk analysts on releases of liability and mortgage assumptions.
  • Collaborate with Accounting department to ensure that all general ledger transactions regarding the MIF are reconciled.
  • Work closely with reinsurance partners on reporting and contractual issues.
  • Work closely with actuarial partners on quantitative risk analysis and reporting needs.
  • Identify and investigate impacts of market and loan risk factors, such as regional economic indicators, competitive intelligence, and housing policy changes.
  • Ensure payments of all MIF obligations are handled promptly.
  • Provide information to Accounting and MassHousing’s audit firm to produce the annual MIF financial audit and quarterly review.
  • Collaborate with multiple partners to complete and submit quarterly reports to Government Sponsored Enterprises.
  • Partner with IT staff in working through system enhancements, issues, and resolution. Ensure systems logic aligns with operational processes. Recommend enhancements as needed.
  • Collaborate with Quality Control to gather and report QC results.
  • Provide updates to MassHousing’s Information Statement and other bond-related documents.
  • Prepare monthly, quarterly, and annual servicing reconciliations and discuss trends with management.
  • Coordinate and prepare standard and ad hoc reporting using data analysis tools.
  • Perform other tasks and duties as assigned.

Knowledge, Skills and Abilities Required

  • Exceptional critical thinking and problem-solving skills.
  • Strong work ethic and the ability to work independently with minimal supervision, and as a member of a team.
  • Strong interpersonal and communication skills.
  • Effective time management and project management skills.
  • Proficiency with Microsoft Office Suite and competence in a variety of technological platforms and processes.

Minimum Education and Training

  • Bachelor's degree in accounting, finance, risk management, banking, economics, or related field. A background in mortgage, insurance or financial services analytical support is preferable.
  • Minimum of 5 years of increasing responsibilities in accounting/finance/risk management/mortgage-related business.
  • Technologically savvy and able to demonstrate competence in a variety of reporting and data analysis tools.

Salary Range: $72,956 to $94,842

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.

This position has been designated as “Flex” under MassHousing’s Alternative Work Schedule (AWS)-hybrid work model which means; employee is in the office at least eight days a month.

As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.

MassHousing is an Equal Opportunity Employer

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Internal Auditor

Organization: MassHousing

Location: One Beacon Street, Boston, MA 02108

Posting Closes: Close of Business on 6/1/2022

Website: www.masshousing.com

MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.

The Organization

MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.

We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion.

As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:

  • Tuition reimbursement up to $10,000 per calendar year
  • A 35-hour work week and a hybrid work schedule
  • Back up Child/Elder Care
  • Retirement Savings including a pension and a deferred compensation plan (with a match)
  • Comprehensive health, dental and vision plans
  • 12 paid Holidays per year and generous sick, vacation, and personal time
  • Short-Term Disability
  • Central Boston office location, convenient to public transportation and amenities on site

If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch

Candidates applying for the position are asked to complete an assessment at the following link: https://assessment.predictiveindex.com/bo/16B/Internalauditor1.26.21.

Position Summary

The Internal Auditor reports to the Director of Internal Audit and is responsible for assisting in the evaluation of the Agency’s governance, risk, and controls, which ensures the effectiveness of the Agency’s overall operations.

Specific Duties and Responsibilities

  • With the support and direction of other audit team members, conducts internal audits, analyzes a range of information, documents audit workpapers, and communicates audit related discrepancies with all impacted stakeholders.
  • Participates in various Agency meetings, assists with the implementation of the departmental goals and objectives, and collaborates to prepare other audit-related reports.
  • Acts as a liaison between the Agency and the external audit firm in the completion of the annual financial statement audit.
  • Performs other duties appropriate to the position, as assigned.

Knowledge, Skills and Abilities Required

  • Utilizes subject matter expertise in governance, risk, and control; ethics; and internal audit standards.
  • Impactful verbal and written communication skills, including the ability to communicate with all levels of MassHousing staff. Exercises discretion when sharing information.
  • Strong customer service skills, accountable to all stakeholders and motivated by continuous learning and improvement.
  • Demonstrates sound judgment and a desire to employ critical thinking. Applies process analysis, business intelligence and problem-solving techniques.
  • Self-motivated and works effectively in small teams. Persuades and motivates others through collaboration and cooperation.
  • Prioritizes competing demands appropriately. Produces high-quality work products in a timely manner and moves decision-making to the appropriate level to achieve results.

Minimum Education and Training

  • Bachelor's degree in Accounting, Analytics, Business, or Finance, or equivalent work experience.
  • Three to seven years of experience in the accounting/auditing field.
  • Extensive knowledge of systems design and accounting/auditing procedures, including the development and analysis of computerized spreadsheets and flow charts.
  • Experience in the housing industry preferred.

Salary Range: $78,915 - $102,590

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.

This position has been designated as "Mobile" under MassHousing's AWS-hybrid work model, meaning >90% or more of duties can be performed remotely; employees in this category work from the office periodically, 1 day or less per week with a minimum of once per month. This category may also include employees who need to be in the office with greater frequency due to seasonal work, training, and operational need/project needs.

As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.

MassHousing is an Equal Opportunity Employer

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Manager of Wholesale Lending Operations

Organization: MassHousing

Location: One Beacon Street, Boston, MA 02108

Posting Closes: Close of Business on 5/25/2022

Website: www.masshousing.com

MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.

The Organization

MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.  

We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion. 

As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’ s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:

  • Tuition reimbursement up to $10,000 per calendar year
  • A 35-hour work week and a hybrid work schedule
  • Back up Child/Elder Care
  • Retirement Savings including a pension and a deferred compensation plan (with a match)
  • Comprehensive health, dental and vision plans
  • 12 paid Holidays per year and generous sick, vacation, and personal time
  • Short-Term Disability
  • Central Boston office location, convenient to public transportation and amenities on site

If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch

Position Summary

Reporting to the Senior Manager of Homeownership Lending Operations, the Manager of Wholesale Lending Operations is responsible to lead the mortgage Intake, Processing and Underwriting of mortgage loans originated through participating mortgage brokers. The Manager of Wholesale Lending Operations must work effectively across the organization to ensure compliance with Agency governance, and homeownership business line policies including existing and proposed banking and mortgage lending regulations.

Specific Duties and Responsibilities

  • Lead, coordinate and contribute to the daily activities of the Wholesale Loan Operations team as well as oversee daily workflow of mortgage Intake, Processing and conduct Underwriting responsibilities to ensure service standards are maintained and monitor the efficient and accurate completion of work.
  • Provide input on new and/or existing Underwriting processes, procedures and / or approaches and future enhancements.
  • Assist in hiring decisions and provide initial and ongoing training for all direct reports while mentoring and completing evaluations for the Wholesale Loan Operations team.
  • Act as a lead resource for the Wholesale Loan Operations team when reviewing processes, inquiries, or department projects with respect to loan documentation and processes.
  • Underwrite loans to ensure soundness, compliance with MassHousing and Investor Guidelines, and maintain Agency set gross and net defect rates.
  • Coordinate and cooperate with managers across departments and divisions to ensure optimum efficiencies.
  • Be proactive in researching general underwriting scenarios and guidelines to stay up to date.

Knowledge, Skills and Abilities Required

  • Thorough knowledge and familiarity with FNMA/FHLMC selling guides, and FHA Handbook 4000.1.
  • Must have an active DE CHUMS.
  • Strong analytical and decision making and problem-solving skills.
  • Excellent interpersonal, organization, prioritization, and time management skills.
  • Strong working knowledge of ATR/QM requirements.
  • Working knowledge of compliance and disclosure requirements (TRID).
  • Working knowledge of Fair Housing Regulations.
  • Encompass LOS experience preferred.

Minimum Education and Training

  • Bachelor's degree, or equivalent combination of education and experience.
  • Must have a minimum of five years of current and relevant experience in mortgage underwriting of Conventional, FHA, VA, and/or specialty programs.

Salary Range: $108,750 to $141,375

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.

This position has been designated as "Flex" under MassHousing's Alternative Work Schedule (AWS)-hybrid work model which means; employee is in the office at least eight days a month.

As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.

MassHousing is an Equal Opportunity Employer

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Second Mortgage Program Analyst

Organization: MassHousing

Location: One Beacon Street, Boston, MA 02108

Posting Closes: Close of Business on 6/10/2022

Website: www.masshousing.com

MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.

The Organization

MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.  

We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion. 

As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’ s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:

  • Tuition reimbursement up to $10,000 per calendar year
  • A 35-hour work week and a hybrid work schedule
  • Back up Child/Elder Care
  • Retirement Savings including a pension and a deferred compensation plan (with a match)
  • Comprehensive health, dental and vision plans
  • 12 paid Holidays per year and generous sick, vacation, and personal time
  • Short-Term Disability
  • Central Boston office location, convenient to public transportation and amenities on site

If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch

Position Summary

Reporting to the Manager of Federal and State Appropriated Mortgage Programs, the Second Mortgage Program Analyst is responsible for supporting the growth of the Agency’s Home Ownership programs by providing technical support to the Manager of Federal/State Appropriated Mortgage programs in the research, review and evaluation, and compliance reporting on Federal and State Appropriated programs.

Specific Duties and Responsibilities

  • Under the direction of the Manager of Federal/State Appropriated HO Mortgage Programs, the Second Mortgage Program Analyst provides expertise, research, and analysis on technical aspects of the bond and state appropriated programs of the Home Ownership Division with a focus on MRB 1st, state appropriated 2nd mortgage loans, and Grant Closing Activities.
  • The Second Mortgage Program Analyst functions as a technical specialist to assist with the Federal and State appropriations that fund single-family loans, down payment assistance loans and grants.
  • The duties include the support in the areas of grant approvals, compliance reporting and the disbursement on renovation loans and DPA grants for MassHousing’s home ownership programs.

Knowledge, Skills and Abilities Required

  • Knowledge of and experience in loan underwriting, loan document analysis, escrow, negotiation, appraisals, funds disbursal and loan-related report production
  • Knowledge of and experience in interpreting regulations, guidelines and policies associated with various affordable housing programs
  • Experience in demonstrating ability to communicate clearly to all audiences (stakeholders, lenders, contractors, HO staff and management, etc.) regarding various affordable housing-related issues
  • Effective self-starter who is also able to work collaboratively when appropriate
  • Strong analytical and decision making/problem solving skills
  • Excellent interpersonal, organization, prioritization, and time management skills
  • Strong working knowledge of ATR/QM requirements
  • Working knowledge of compliance and disclosure requirements (TRID)
  • Working knowledge of Fair Housing Regulations
  • Encompass LOS experience preferred

Minimum Education and Training

  • Associate degree, or equivalent combination of education and experience
  • 2-4 years of experience in loan underwriting, loan document analysis, escrow, negotiation, appraisals, funds disbursal and loan-related report production
  • 2-4 years of experience in interpreting regulations, guidelines and policies associated with various affordable housing programs

Salary Range: $72,956 to $94,842

All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.

This position has been designated as "Flex" under MassHousing's Alternative Work Schedule (AWS)-hybrid work model which means; employee is in the office at least eight days a month.

As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.

MassHousing is an Equal Opportunity Employer

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