Description

+ Conduct compliance testing on Issuers and Ginnie Mae Document Custodians based on risk-based criteria.

+ Tasks include initiating contact with the Issuer or Document Custodian to schedule the review, selecting the sample of loans, pools, and/or transactions to be tested, conducting the compliance review, and performing any post-review remediation activities.

+ Most of the process is performed within an automated system owned by Ginnie Mae, but in-depth knowledge of Ginnie Mae’s policies, the broader secondary mortgage market, and various investor reporting policies is required.

+ As part of this role, the reviewer may be asked to conduct periodic trainings for Issuers, Document Custodians, and Ginnie Mae staff on the compliance review IT system, process, and procedures.

+ The project team also performs a number of specialized reviews throughout the year, which will vary in scope depending on the requirements of the review.
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