Paralegal

loanDepot, Inc.; United States; On-site; USD 48,000 - 66,000; Full time

Job summary

loanDepot, Inc. seeks a seasoned Legal & Compliance Specialist to assist attorneys and business partners with regulatory reviews, contract administration, and policy updates across mortgage programs.

You will translate complex mortgage laws into practical guidance and support audits and filings. This role requires five years in legal or compliance within the mortgage industry, strong written and verbal skills, and proficiency with MS Office.

Qualifications

• Bachelor’s degree; five years of legal/compliance experience in mortgage.
• Ability to interpret and operationalize mortgage regulations.
• Strong written, verbal, and interpersonal skills.

Responsibilities

• Assist corporate counsel with drafting and researching legal documents.
• Review and administer marketing, vendor, and business contracts.
• Ensure compliance with RESPA, federal/state laws and company standards.
• Develop and update compliance policies and training materials.
• Coordinate third-party valuation and service reviews for compliance.

Skills

Microsoft Office

Communication skills

Analytical ability

Regulatory knowledge

Education

Bachelor’s Degree in relevant field

Job description

Position Summary

Responsible for assisting and providing a range of legal support and administration to attorneys, clients and other legal practitioners. Performs different clerical and administrative tasks that need extensive knowledge of mortgage industry, legal terms, procedures and documents. Responsible for assisting in the review of regulatory and legislative requirements as they apply to residential mortgage lenders. Provides guidance to senior leadership on the application of those requirements within the business model and the implications to the business of those requirements. Ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.

Responsibilities

• Assists corporate counsel with drafting, reviewing, revising, and researching legal and regulatory documents, including mortgage lending laws and related compliance requirements.
• Reviews, prepares, and administers marketing agreements, office space agreements, vendor agreements, and other business contracts; provides guidance to business partners, coordinates internal approval processes, and finalizes agreements for execution.
• Ensures marketing agreements, RESPA partnerships, disclosures, loan documents, and related business arrangements comply with applicable federal, state, investor, and agency laws, regulations, policies, and company standards.
• Assists with the development, maintenance, and updating of compliance-related policies, procedures, training materials, and internal websites to reflect current regulatory, legislative, and business requirements.
• Coordinates third-party valuation and service reviews in partnership with business stakeholders to align services with marketing objectives while adhering to company policies and regulatory requirements.
• Manages marketing partner onboarding activities, delivers training on compliance and invoice review processes, and serves as a primary liaison throughout the agreement lifecycle, including renewals, amendments, and terminations.
• Reviews monthly documentation submissions and uploads to verify compliance with policy, procedural, and regulatory requirements.
• Compiles, prepares, reviews, and submits documentation related to RESPA partnerships and regulatory filings with agencies, investors, warehouse providers, and other external stakeholders, including FNMA, FHLMC, HUD, VA, and GNMA.
• Compiles, analyzes, and reports on partnership and compliance data; supports audits, monitoring activities, and ongoing assessments to ensure continued compliance with applicable laws and regulations.
• Researches, analyzes, and assesses proposed regulatory, legislative, and industry developments; provides guidance to management regarding potential impacts, risks, opportunities, and required business actions.
• Monitors industry publications, regulatory guidance, and market developments to identify emerging compliance risks, regulatory changes, and business implications.
• Performs additional regulatory, compliance, and legal support duties and special projects as assigned by senior management.
• Performs other duties and projects as assigned.

Requirements

• Bachelor’s Degree preferred minimum of five (5) years’ experience in legal and/or compliance in the mortgage industry.
• Experience in formulating policy and developing and implementing new strategies and procedures.
• Ability to analyze and interpret agreements/contracts.
• Professional written, verbal and interpersonal skills.
• Solid understanding of the risk elements associated with the origination of residential mortgage loans
• Travel
• Proficient with Microsoft Office applications: Word, Excel, PowerPoint, Outlook, and Teams.
• Ability to interpret data and apply basic to intermediate math skills.
• Exceptional verbal, written and interpersonal communication skills.
• Solid problem-solving skills with a practical, solution-focused approach.

About LoanDepot

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $34.62/hr and $47.60/hr. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.