Paralegal – Loss Mitigation (Payoff & Reinstatement)

Friedman Vartolo LLP; Village of Garden City (NY); Remote; USD 55,000 - 75,000; Full time

Job summary

Friedman Vartolo LLP, a growing real estate and default services law firm, seeks a detail-oriented Paralegal to support its Loss Mitigation team. The role involves managing key communications and documentation in a fast-paced legal environment, offering a chance to significantly impact client relations and processes during foreclosure proceedings. Ideal candidates will have a background in real estate law and strong organizational skills.

Benefits

Medical insurance

Dental insurance

Vision insurance

401k

Gym/fitness membership reimbursement

Qualifications

• 2+ years of paralegal or legal assistant experience in foreclosure, real estate, or loss mitigation.
• Excellent written and verbal communication skills required.

Responsibilities

• Request and obtain payoff and reinstatement figures from clients and loan servicers.
• Draft accurate payoff and reinstatement letters in accordance with legal requirements.
• Communicate with various parties to provide needed information.

Skills

Attention to detail

Organizational skills

Communication skills

Ability to handle multiple tasks

Education

Bachelor's degree in Computer Science or related field

Tools

LPS

Tempo

Microsoft Office Suite

Job description

2 days ago Be among the first 25 applicants

The Company

Friedman Vartolo LLP is a rapidly growing New York based real estate and default services law firm with 250+ employees across six states. The firm prides itself not solely on its superior legal product, but also on its innovative approach to business and problem solving. We offer a fresh, fast-paced energy, with a startup vibe.

The Company

Friedman Vartolo LLP is a rapidly growing New York based real estate and default services law firm with 250+ employees across six states. The firm prides itself not solely on its superior legal product, but also on its innovative approach to business and problem solving. We offer a fresh, fast-paced energy, with a startup vibe.

The Position

We are seeking a detail-oriented Paralegal to join our Loss Mitigation team. The ideal candidate will have experience working with payoff and reinstatement requests and be adept at managing communications with clients and third parties in a fast-paced legal environment. This position plays a critical role in helping homeowners, lenders, and servicers navigate the reinstatement and payoff processes during foreclosure or loss mitigation proceedings.

Key Responsibilities

• Request and obtain payoff and reinstatement figures from clients and loan servicers.
• Draft accurate payoff and reinstatement letters in accordance with legal and client requirements.
• Communicate with borrowers, attorneys, title companies, and other requesting parties to provide payoff/reinstatement figures and respond to inquiries.
• Handle follow-up requests, address complaints, and resolve ancillary issues related to payoff or reinstatement.
• Utilize client communication platforms such as LPS and Tempo for file management and updates.
• Maintain accurate records and ensure compliance with state and federal guidelines, as well as client protocols.
• Work closely with attorneys, other paralegals, and administrative staff to ensure timely and efficient processing of requests.
  
  

Required Skills & Qualifications

• Bachelor's degree in Computer Science or related field.
• 2+ years of paralegal or legal assistant experience in foreclosure, real estate, or loss mitigation.
• Familiarity with mortgage servicing platforms such as LPS (Black Knight) and Tempo.
• Excellent written and verbal communication skills.
• High attention to detail and strong organizational skills.
• Ability to handle multiple tasks and work in a deadline-driven environment.
• Proficiency in Microsoft Office Suite (Word, Outlook, Excel).
  
  

Compensation/Benefits

We offer a compensation package that will be commensurate with experience and a competitive benefits package including medical, dental, vision, flex spending, 401k and gym/fitness membership reimbursement.

ADA Compliance

Consistent with the Americans with Disabilities Act (ADA), it is the policy of Friedman Vartolo LLP to provide reasonable accommodations when requested by a qualified applicant or candidate with a disability, unless such accommodation would cause an undue hardship for Friedman Vartolo LLP. If you require a reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, please contact Recruitment at [e-mail] to request an accommodations.

Location

This position can be remote.

Job Posted by ApplicantPro

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Legal

• Industries

  Law Practice

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