OverviewLoanCare, one of the top providers in the mortgage services industry, seeks an individual with a solid work history in the mortgage or real estate industry, to join our team as a Senior Counsel - Litigation. The ideal candidate will enjoy working with clients, both internal and external, be detail oriented, and is driven to meet tight deadlines in a fast-paced environment.
Responsibilities
- Responsible for overseeing and managing Litigation related to our GSE loans from defaulted issuers, by supervising, coordinating and strategizing with outside counsel in connection with lawsuits and claims and providing complete transparency to the account owning GSE
- Advise senior executives on litigation strategies
- Supervise the work of other junior attorneys and paralegals
- Lead negotiations and revisions of renewing subservicing agreements with clients
- Manage all aspects of consumer finance litigation, including the selection and management of, and communication with outside counsel and administration and processing of outside counsel’s legal billing
- Lead presentations regarding periodic updates and risk reports to senior litigation counsel
- Provide legal advice to managers and supervisors and perform necessary research for guidance in operational processes and procedures
- Manage and oversee the responses to discovery requests, including e-discovery
- Review and provide guidance on subpoena duces tecum
- Assist internal business units with responses to information requests from external LoanCare clients
- Identify trends in litigation matters as well as borrower and/or regulatory complaints; communicating these trends to senior litigation counsel as well as internal business units; coordinating with operations in order to develop policies and procedures to remediate issues
- Provide support and assistance to Senior In-house counsel in responding to requests for legal advice and related assistance from internal business unit
- All other duties as assigned
Qualifications
- Juris Doctor from an ABA accredited law school and state bar admission required
- 7+ years of experience in consumer/mortgage loan servicing litigation defense management
- Knowledge of mortgage origination, closing and servicing practices
- Knowledge of various types of mortgage loan products such as conventional, ARMs, HELOC, etc.
- Knowledge of loan documents (note, mortgage/deed of trust, etc.)
- Knowledge of Federal and State Consumer Finance Laws as well as Government Sponsored Entity Seller/Servicer Guidelines
- Knowledge of federal laws and regulations governing residential mortgages, including ECOA, FCRA, TILA, RESPA, and FDCPA and the ability to apply the requirements to business practices
- Experience in representing mortgage servicers against consumer litigation claims involving such matters as privacy, contested foreclosures, FDCPA, FCRA, TILA, RESPA and other disputes under state and federal consumer protection laws
- Experience overseeing complex litigation
- Experience responding to discovery requests, including e-discovery
- Experience researching, interpreting, and articulating legal issues
- Experience working directly with management on residential mortgage default litigation issues
- Substantial experience delivering presentations to clients and executive management
- Strong legal research ability and familiarity with legal research tools (Westlaw or Lexis Nexis)
- Strong verbal and written communication skills
- Ability to maintain confidential and/or privileged information
- Ability to work independently, as well as, a team setting
- Ability to interpret and apply applicable laws and regulations
- Flexibility to simultaneously manage a wide range of projects and matters and meet deadlines in a changing and fast-paced environment
- Results driven, has an attention to detail and passion for driving best practices
Total Rewards
LoanCares Total Rewards Package offers a comprehensive blend of health and welfare, financial, lifestyle and learning benefits to support employee well-being and engagement. Highlights include:
- Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insurance
- Time Off: Paid holidays, vacation, and sick leave
- Retirement & Investment: Fidelity National Financial matching 401(k) and employee stock purchase plans
- Wellness Programs: Access to mental health resources, including freeCalmmemberships, and initiatives that promote physical and emotional well-being
- Employee Recognition: Programs that celebrate achievements and milestones
- Lifestyle & Learning Perks: Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to atuition reimbursement programthat supports your continued education and professional growth.
Compensation Range: $103,000 - $193,100 anually. Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience.
