First Heritage Mortgage Services
Secondary Marketing Coordinator
First Heritage Mortgage Services, Feasterville-Trevose, Pennsylvania, United States
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Secondary Marketing Coordinator
role at
First Heritage Mortgage Services
First Heritage Mortgage Services (a subsidiary of American Heritage Credit Union) is currently searching for an experienced Secondary Marketing Coordinator. This position is based out of our office in Feasterville‑Trevose, PA.
This position will coordinate the Secondary Marketing functions and work of the Secondary Marketing staff of First Heritage Mortgage Services, LLC (FHMS). It is responsible for the optimal execution and delivery of the mortgage loan pipeline, including oversight and management of related controls, balancing, and reporting. The role ensures effective and efficient management of complex pricing functions, secondary pipeline governance, lock desk and secondary execution, and delivery of all Secondary Marketing policies.
Duties
Coordinate the work of staff responsible for Secondary Marketing functions, including but not limited to settling daily pricing, daily lock supervision, whole loan sales, the establishment of a daily rate sheet, and posting mortgage rates to credit union partner credit unions. Assist in the annual review process for Secondary Marketing staff by providing information when necessary.
Ensure that all members are treated fairly and consistently in all mortgage pricing practices.
Communicate regularly and in a timely manner with the CEO and executive management regarding mortgage loan demand, mortgage lock volume, competitive position, product profitability, and other pertinent information regarding secondary marketing.
Coordinate lock desk activities, supervise new and revised rate locks to members, and process extension requests. Monitor and process lock requests in agreed-upon time frames.
Provide Secondary Marketing staff with daily updates on FHMS secondary pipelines and secondary data performance integrity. Report all data to the CEO on a daily basis.
Analyze reports and balance and validate all daily pricing and trades, auditing such reports for documented accuracy.
Monitor bond/mortgage market trends and communicate relevant secondary marketing information to management and staff. Stay abreast of trends in the financial industry and the economic, legal, and regulatory environment.
Maintain thorough knowledge of current secondary market guidelines, including Fannie Mae, FHA, VA, USDA and investors such as Stonegate Mortgage, US Bank, MoneySource, Penny Mac, Angel Oak, and PHFA. Communicate all price changes to staff and understand how to apply policies to all mortgage lending situations.
Experience
One to three years of similar or related experience.
Equivalent to a college degree (BS or BA in a relevant field) or related experience.
Experience in mortgage banking operations.
Working knowledge of secondary marketing or mortgage banking practices, policies, and procedures with considerable experience in mortgage pricing, cash flow modeling, interest rate risk management, delivery of collateral, and product development.
Advanced working knowledge of first mortgage underwriting, conventional and government lending programs, and conventional mortgage insurance guidelines.
Strong analytical, problem‑solving, decision‑making, and organizational skills with the ability to multi‑task and work effectively under pressure to meet deadlines.
Our commitment to your success is enhanced by a competitive salary commensurate with experience and an extensive benefits package including paid time off, health benefits, 401(k) with a generous company match, and future growth opportunities within the company. We work to maintain the best possible professional and environmentally friendly atmosphere for our employees.
EOE M/F/D/V
Salary: $25 - $31 per hour
Seniority level Entry level
Employment type Full‑time
Job function Marketing and Sales
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Secondary Marketing Coordinator
role at
First Heritage Mortgage Services
First Heritage Mortgage Services (a subsidiary of American Heritage Credit Union) is currently searching for an experienced Secondary Marketing Coordinator. This position is based out of our office in Feasterville‑Trevose, PA.
This position will coordinate the Secondary Marketing functions and work of the Secondary Marketing staff of First Heritage Mortgage Services, LLC (FHMS). It is responsible for the optimal execution and delivery of the mortgage loan pipeline, including oversight and management of related controls, balancing, and reporting. The role ensures effective and efficient management of complex pricing functions, secondary pipeline governance, lock desk and secondary execution, and delivery of all Secondary Marketing policies.
Duties
Coordinate the work of staff responsible for Secondary Marketing functions, including but not limited to settling daily pricing, daily lock supervision, whole loan sales, the establishment of a daily rate sheet, and posting mortgage rates to credit union partner credit unions. Assist in the annual review process for Secondary Marketing staff by providing information when necessary.
Ensure that all members are treated fairly and consistently in all mortgage pricing practices.
Communicate regularly and in a timely manner with the CEO and executive management regarding mortgage loan demand, mortgage lock volume, competitive position, product profitability, and other pertinent information regarding secondary marketing.
Coordinate lock desk activities, supervise new and revised rate locks to members, and process extension requests. Monitor and process lock requests in agreed-upon time frames.
Provide Secondary Marketing staff with daily updates on FHMS secondary pipelines and secondary data performance integrity. Report all data to the CEO on a daily basis.
Analyze reports and balance and validate all daily pricing and trades, auditing such reports for documented accuracy.
Monitor bond/mortgage market trends and communicate relevant secondary marketing information to management and staff. Stay abreast of trends in the financial industry and the economic, legal, and regulatory environment.
Maintain thorough knowledge of current secondary market guidelines, including Fannie Mae, FHA, VA, USDA and investors such as Stonegate Mortgage, US Bank, MoneySource, Penny Mac, Angel Oak, and PHFA. Communicate all price changes to staff and understand how to apply policies to all mortgage lending situations.
Experience
One to three years of similar or related experience.
Equivalent to a college degree (BS or BA in a relevant field) or related experience.
Experience in mortgage banking operations.
Working knowledge of secondary marketing or mortgage banking practices, policies, and procedures with considerable experience in mortgage pricing, cash flow modeling, interest rate risk management, delivery of collateral, and product development.
Advanced working knowledge of first mortgage underwriting, conventional and government lending programs, and conventional mortgage insurance guidelines.
Strong analytical, problem‑solving, decision‑making, and organizational skills with the ability to multi‑task and work effectively under pressure to meet deadlines.
Our commitment to your success is enhanced by a competitive salary commensurate with experience and an extensive benefits package including paid time off, health benefits, 401(k) with a generous company match, and future growth opportunities within the company. We work to maintain the best possible professional and environmentally friendly atmosphere for our employees.
EOE M/F/D/V
Salary: $25 - $31 per hour
Seniority level Entry level
Employment type Full‑time
Job function Marketing and Sales
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