In-House Mortgage Servicing Counsel

First American; Arizona; Remote; USD 112,000 - 150,000; Full time

Job summary

First American is seeking an Associate Operations Counsel to provide in-house legal and regulatory guidance on mortgage servicing and origination matters. You’ll draft contracts and product forms, advise operations teams, and interface with regulators to ensure documents meet investor requirements.

You will research federal and state mortgage servicing laws, monitor regulatory changes, and collaborate with operations, product, technology, and compliance teams to implement compliant solutions

Qualifications

• Law Degree required.
• Admitted to practice law in the US.
• Typically has 1-3 years of professional experience in area of specialization.
• Licensed to practice law, in good standing.
• Direct experience with residential mortgage servicing regulations, compliance, and documentation.
• Working knowledge of Regulation X (RESPA), Regulation Z (TILA), and applicable federal and state mortgage servicing requirements.
• Experience researching, reviewing, or developing mortgage servicing documents, forms, and borrower communications.
• Familiarity with government agency and investor requirements affecting mortgage servicing.
• Ability to interpret complex regulatory requirements and translate them into practical documentation, system, or operational solutions.
• Comfortable performing detailed, hands-on legal research and documentation review while working independently and collaboratively with business teams.
• Developed legal research, written and verbal communication skills.
• Good organizational skills with the ability to multitask, prioritize, and work under pressure.
• Demonstrated ability to manage workload and balance competing priorities.
• Ability to build and maintain rapport with superiors, peers, subordinates, and external company contacts.
• Proficiency with Microsoft Office products.

Responsibilities

• Facilitate the business objectives of the Division(s) supported and Company by providing timely and effective legal support while minimizing potential legal exposure and risk.
• Provide practical, timely, and high-quality legal counsel and guidance to the Company divisions and departments supported, with a primary focus on mortgage servicing documentation and regulatory compliance.
• Research and interpret federal and state mortgage servicing laws, regulations, and investor requirements to ensure servicing documents, forms, and related processes remain compliant.
• Review, develop, and maintain mortgage servicing documents and forms, ensuring accuracy and compliance with applicable regulatory and investor requirements.
• Monitor legislative and regulatory changes and evaluate their potential impact on mortgage servicing documents, systems, and business processes.
• Partner with internal operations, product, technology, and compliance teams to address servicing documentation questions, support product enhancements, and implement regulatory changes.
• Work with clients' legal and compliance contacts to research and resolve mortgage servicing-related questions and concerns.

Skills

Legal research

Regulatory compliance

Contract drafting/review

Written and verbal communication

Multitasking and organization

Microsoft Office proficiency

Education

Law degree

Tools

Microsoft Office

Job description

First American is seeking an Associate Operations Counsel to provide in-house legal and regulatory guidance on mortgage servicing and origination matters. You’ll draft contracts and product forms, advise operations teams, and interface with regulators to ensure documents meet investor requirements.

You will research federal and state mortgage servicing laws, monitor regulatory changes, and collaborate with operations, product, technology, and compliance teams to implement compliant solutions