Progress Residential

Senior Litigation Case Manager

Progress Residential$90K — $110K *
US-Anywhere
+ 2 other locationsRemote
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Extensive knowledge of laws and regulations related to residential mortgage servicing.
  • Experience with mortgage servicing databases like MSP and Legal Tracker.
  • Understanding of default processes such as foreclosure and bankruptcy.
  • Strong analytical and organizational skills with attention to detail.
  • At least 10 years of experience as a paralegal or litigation specialist in mortgage servicing.
  • Bachelor's degree or Associate's with paralegal certification required.
  • Ability to multi-task and prioritize effectively in a fast-paced environment.

Responsibilities

  • Manage all assigned litigation cases and their timelines.
  • Proactively monitor and identify risks in ongoing cases.
  • Develop litigation strategies in collaboration with outside counsel.
  • Maintain the Litigation Tracker database and report on case statuses.
  • Track and manage all aspects of the discovery process.
  • Oversee relationships with outside counsel, ensuring efficiency and cost-effectiveness.
  • Assist in training new litigation staff and provide leadership support.

Benefits

  • Paid Time Off (PTO)
  • Medical, Dental & Vision insurance
  • Employee Assistance Program
  • Flexible Spending Account
  • Health Savings Account
  • Company paid Life Insurance
  • Matching 401(k) Plan
Full Job Description

Position Summary: 

The Senior Litigation Case Manager will work hands-on with the VP, Senior Managing Litigation Counsel, Legal Department staff, outside litigation counsel, internal loan servicing departments and Selene’s investors to effectively and efficiently manage and resolve mortgage litigation cases.  This person must be proactive and have the ability to work independently. 

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Responsible for the management of all assigned litigation cases.

  • Emphasis on proactive monitoring, risk identification and escalation.

  • Work independently with outside counsel to develop and implement litigation strategies.

  • Prepare written summary of case and discuss with counsel and outside investors.

  • Update and maintain the Thompson Reuters Legal Tracker litigation database and report on the status of the litigation, strategy and upcoming critical events and dates to management and investors.

  • Track and follow-up on hearings, depositions, motions, pleadings, etc.

  • Assess new litigation matters and determine risk and resolution strategies, including settlement options.

  • Anticipate and plan for all phases of litigation.

  • Manage all aspects of the discovery process, including assisting with drafting and responding to discovery requests, preparing witnesses for depositions and coordinating the production of documents.

  • Manage the relationship with outside counsel, including procuring regular updates and ensuring that all work is completed efficiently and cost-effectively. 

  • Review and approve outside counsel budgets and invoices.

  • Notify VP of high-risk matters upon intake (class actions, Selene named, etc.)

  • Assist with miscellaneous legal tasks such as subpoenas, assisting law enforcement, and responding to regulatory requests.

  • Assist on special projects assigned by management and assume responsibility for successfully achieving objectives.

  • Assist VP in training new and existing litigation staff.

  • Ability to generate reports and knowledge of Microsoft Excel useful.

  • Provide additional coverage of litigation matters and special tasks when individual team members are out of the office.

  • Handle inquiries by responding to emails within 24 hours.

  • Provide recommendations for procedural changes and improvements as they pertain to the department

  • Research and/or analyze requests in accordance with established guidelines and determine the appropriate course of action.

  • Maintain a high degree of confidentiality.

Qualifications:  

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily with the ability to prioritize and maintain a large volume of multi-faceted work. Also required is the ability to be flexible and adapt to a fast-paced and changing business environment. The qualified candidates must have:

  • Extensive knowledge of and experience with laws, regulations, and investor and insurer guidelines governing residential mortgage servicing (including but not limited to: CFPB, GNMA, FHA, VA, USDA, FNMA, and FHLMC).

  • Extensive knowledge of and experience with common mortgage servicing databases, including MSP, LPS, ICE, Legal Tracker, etc.

  • Understanding of mortgage loan servicing and the default, foreclosure, bankruptcy, and loss mitigation processes.

  • Strong communication skills, strong analytical skills and strong organizational skills with attention to detail.

  • Must meet individual and team case management goals.

  • Effectiveness as a team player.

  • Ability to easily prioritize job duties according to the needs of the company.

  • Strong sense of professionalism and positivity.

  • Ability to develop rapport with all levels of associates and establish credibility.

  • Problem solving and decision-making ability.

  • Ability to multi-task and consistently meet multiple deadlines. 

Education / Experience:

  • Bachelor's degree (B. A.) from an accredited four-year college or university; or an Associate’s degree (A.A.) from an accredited college plus a paralegal certification

  • 10+ years related experience as a paralegal or litigation specialist in mortgage servicing.

  • Must have experience in the legal department of a mortgage servicer.

Computer Skills:

Legal Tracker or a similar litigation case management database, MSP, Black Knight/LPS, Microsoft Office (Word, Excel, Outlook, Access, PowerPoint, Publisher), Internet Explorer.

Benefits
Selene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes:

  • Paid Time Off (PTO)

  • Medical, Dental &Vision

  • Employee Assistance Program

  • Flexible Spending Account

  • Health Savings Account

  • Paid Holidays

  • Company paid Life Insurance

  • Matching 401(k) Plan


The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.

About Progress Residential

Progress Residential is a real estate investment trust that owns and manages single-family rental homes. The company was founded in 2012 and is headquartered in Phoenix, Arizona. Progress Residential's portfolio includes over 40,000 homes in 20 markets across the United States. The company's mission is to provide high-quality rental homes and exceptional customer service to its tenants. Progress Residential offers a variety of amenities and services, including online rent payments, maintenance requests, and 24/7 customer support.
Learn more about Progress Residential
Size
1,000 employees
Industry

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