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NewPoint Real Estate Capital · 1 month ago

Agency Asset Manager

Plano, TX, US

Full-time

Onsite

Senior Level

5+ years exp

NewPoint Real Estate Capital is seeking an Asset Manager to join their Agency Asset Management team. This role is responsible for managing a portfolio of Fannie Mae and Freddie Mac multifamily loans, ensuring compliance with agency guidelines and optimizing asset performance throughout the loan lifecycle.

ConsultingFinancial ServicesReal Estate Investment

Responsibilities

Serve as the primary point of contact for borrowers on assigned loans

Monitor property performance, physical condition and financial health; identify and address risk indicators specific to physical and economic occupancy trends, property expenses, net operating income, debt service coverage, loan to value, and other relevant performance metrics

Manage covenant compliance, borrower requests, and post-closing activities

Conduct surveillance and risk assessments for watchlist or special credit loans, including travel to conduct site assessments for properties located nationwide

Evaluate, underwrite and make recommendations for borrower credit transactions including loan assumptions, transfers of borrower interest, easements, property management change requests, and releases of collateral

Ensure adherence to Fannie Mae and Freddie Mac servicing guidelines

Make recommendations regarding monetary and performance/covenant defaults

Maintain a working knowledge of relevant local and regional market conditions to understand possible impacts to the collateral, with strong knowledge of resource tools such as CoStar, Real Capital Analytics (RCA) and Moody’s/REIS

Collaborate with internal teams and external stakeholders to resolve issues and maintain portfolio health

Qualification

Fannie Mae knowledgeFreddie Mac knowledgeFinancial modelingRisk analysisAsset management experienceMBAAgency inspection certificationCommunication skillsOrganizational skills