Mortgage Servicing Counsel, Operations & Compliance

First American; Sacramento (CA); Remote; USD 140,000 - 190,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

401k

Paid time off

Job summary

First American seeks an Associate Operations Counsel to provide in-house legal and regulatory guidance for mortgage servicing and origination. You will draft contracts, policies, and product forms while supporting operations teams and interfacing with regulators as needed.

You will analyze federal and state mortgage servicing laws, monitor regulatory changes, and translate complex requirements into practical documentation and processes for business units.

Qualifications

• Law Degree required.
• Admitted to practice law in the US.
• Licensed to practice law, in good standing.
• Direct experience with residential mortgage servicing regulations, compliance, and documentation.
• Familiarity with 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.
• Developed legal research, written and verbal communication skills.
• 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

Written communication

Verbal communication

Education

Law degree

Tools

Microsoft Office

Job description

First American seeks an Associate Operations Counsel to provide in-house legal and regulatory guidance for mortgage servicing and origination. You will draft contracts, policies, and product forms while supporting operations teams and interfacing with regulators as needed.

You will analyze federal and state mortgage servicing laws, monitor regulatory changes, and translate complex requirements into practical documentation and processes for business units.