Mortgage Regulatory Counsel

CrossCountry Mortgage, LLC; United States; Ibrido; USD 120.000 - 190.000; Tempo pieno

Vantaggi offerti da questo lavoro

Competitive compensation

Robust benefits package

Descrizione del lavoro

CrossCountry Mortgage, LLC is seeking a Mortgage Regulatory Counsel to interpret federal and state mortgage regulations, guide fee treatment and disclosure timing, and ensure compliant document generation and workflows within the loan origination system. The role collaborates with Compliance, Technology, and Operations to translate regulatory requirements into practical business processes and tests.

A JD and active license are required, with experience in mortgage regulation and vendor

Competenze

• Adv. knowledge of mortgage regulatory requirements.
• Experience in mortgage regulatory compliance or financial services.

Mansioni

• Interpret mortgage regulations and provide guidance on fees, disclosures, and documents.
• Translate legal requirements into actionable business guidance for Compliance and Technology teams.
• Review and approve regulatory interpretations and document logic before deployment.
• Collaborate with Compliance, Technology, Operations, and external vendors.

Conoscenze

Mortgage regulations

Legal interpretation

Communication

Regulatory research

Cross-functional collaboration

Formazione

Juris Doctor (JD)

Active law license

Strumenti

DocMagic

Loan Origination System

Descrizione del lavoro

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down. CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.

Position Overview:

The Mortgage Regulatory Counsel supports compliance-related system and process initiatives by providing legal interpretation, guidance, and review of mortgage regulatory requirements. This role serves as the primary legal resource for fees, disclosure, document, and related document‑vendor matters, while also supporting broader mortgage regulatory research and analysis as needed. This role partners closely with Compliance, Technology, Operations, and other stakeholders to ensure legal requirements are translated accurately into business requirements, testing expectations, and compliant system behavior. The Mortgage Regulatory Counsel is responsible for evaluating whether implemented system configurations, document logic, workflows, and outputs satisfy applicable legal and regulatory requirements.

Job Responsibilities:

• Serve as the primary legal resource for fee, disclosure, document, and document‑vendor matters by interpreting applicable federal and state mortgage regulations and providing guidance on fee treatment, disclosure timing and content, document triggers and packages, and related workflow requirements.
• Conduct legal research and analysis on mortgage regulatory questions, including questions outside the fee and disclosure lane, as assigned.
• Turn legal requirements into practical guidance and decision points that Compliance, QA, Technology, and business teams can use for requirements, testing, and implementation.
• Review and approve regulatory requirements, interpretations, and legal positions prepared by Compliance or other stakeholders before implementation where appropriate.
• Evaluate whether proposed system configurations, document logic, disclosures, workflows, and related outputs satisfy regulatory requirements and internal legal interpretations.
• Review testing results, issue findings, and supporting evidence to determine whether observed system behavior or document output meets legal and regulatory expectations.
• Determine pass/fail conclusions, identify follow‑up legal questions, and clarify when requirement changes, additional testing, or configuration updates are needed.
• Partner with Technology, Operations, Compliance, and external vendors to help resolve questions related to legal requirements, system behavior, and document generation or delivery.
• Support implementation and ongoing maintenance of document‑vendor related legal requirements, including review of how disclosures and documents are generated, triggered, or populated within the loan origination system.
• Document legal interpretations, decisions, issue resolutions, and review conclusions in a clear and organized manner to support implementation, audit, examination, and internal review needs.
• Provide timely legal input on open issues, exceptions, and questions so that compliance‑related workstreams can continue to move forward.
• Identify emerging legal issues, gaps, or inconsistencies in requirements, documentation, testing, or system behavior and communicate needed action to stakeholders.

Qualifications and Skills:

• Juris Doctor (JD) from an accredited law school and active license to practice law in at least one U.S. jurisdiction.
• Experience practicing in mortgage, consumer financial services, regulatory compliance, or a related legal field, with advanced knowledge of mortgage regulatory requirements.
• Experience with mortgage fees, disclosures, documents, and related regulatory requirements, preferred.
• Experience supporting implementation or maintenance of loan origination system document logic, disclosure behavior, or document‑vendor integrations, preferred.
• Experience with loan origination systems, disclosure processes, document review, or vendor‑managed document solutions, preferred; experience with DocMagic is a plus.
• Comfortable collaborating across Legal, Compliance, Technology, Operations, and external vendors in a dynamic environment.
• Advanced legal research and analytical skills, including demonstrated skill in interpreting complex federal and state regulatory requirements and applying them to business processes, system functionality, and document outputs.
• Skilled in determining whether system configurations, workflows, and outputs satisfy legal requirements without necessarily serving as the technical designer of those solutions.
• Advanced judgment and skill in identifying issues requiring formal legal interpretation versus those that can be addressed through practical clarification or guidance.
• Excellent communication skills, including translating legal concepts into actionable guidance for Compliance, Technology, QA, and business stakeholders.
• Skilled in managing multiple legal questions, reviews, and workstreams at the same time while meeting deadlines and supporting project progress.
• Skilled in identifying gaps, inconsistencies, or risks in requirements, testing results, documentation, or system behavior.
• Excellent attention to detail.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. CrossCountry Mortgage, LLC offers MORE than a job, we offer a career.

CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com

California residents: Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California applicants.

CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual’s association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”).

The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation.

The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.

CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org.

Our growth is creating great opportunities! Our team is expanding, and we want to hire the most talented people we can. Continued success depends on it! Thanks for your interest in working on our team! Our Work Experience is the combination of everything that’s unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it’s our people. Our employees are self‑disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.