In-House Mortgage Servicing Counsel

First American; Saint Paul (MN); Remote; USD 112,000 - 150,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401k

PTO / paid sick leave

Employee stock purchase plan

Job summary

First American is seeking an Associate Operations Counsel to provide in-house legal and regulatory guidance on mortgage servicing and origination, focusing on documentation and compliance. You will research federal and state laws, review and develop servicing documents, and collaborate with operations, product, technology and compliance teams to address questions and implement regulatory changes.

The role requires strong written and verbal communication and the ability to work independently and

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.
• Familiarity with government agency and investor requirements affecting mortgage servicing.

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

Regulatory compliance

Mortgage servicing knowledge

Legal research

Education

Juris Doctor (JD)

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, focusing on documentation and compliance. You will research federal and state laws, review and develop servicing documents, and collaborate with operations, product, technology and compliance teams to address questions and implement regulatory changes.

The role requires strong written and verbal communication and the ability to work independently and