Paralegal, Foreclosure & Bankruptcy

MSC SERVICES LLCColorado Springs, CO
$24 - $30Onsite

About The Position

The Paralegal plays an active role in managing legal matters across mortgage and banking operations, with a primary focus on foreclosure, bankruptcy proceedings, and subpoena management. This position provides critical support to the Senior Assistant General Counsel and the Chief Legal Officer, requiring a high level of responsiveness, attentiveness, and strong collaboration with internal operations and outside counsel. Regular, reliable and predictable onsite attendance is an essential function of this role.

Requirements

  • Paralegal Certification and 2 to 4 years of experience as a paralegal within the mortgage, banking, real estate, finance, or related industries.
  • Experience in default servicing legal processes, reviewing and handling corporate contracts, and conducting legal research.
  • Knowledge of corporate governance, litigation management, and compliance issues within the mortgage or financial industry.
  • Proficiency in legal document management systems, Microsoft Office Suite, and legal research platforms.
  • Working knowledge of MSP mortgage servicing software is preferred and familiarity with mortgage lending systems and the loan process is required.
  • Ability to provide guidance and oversight to administrative assistants, managing workloads, providing mentorship, and resolving operational issues within a team environment.
  • Excellent verbal and written communication skills, with the ability to clearly convey complex legal concepts to team members, outside counsel, and stakeholders at various levels.
  • Demonstrated ability to work independently and as part of a team, analyze legal issues, identify risks, and provide sound solutions under pressure.
  • Exhibits sound judgment, discretion, and adherence to the highest ethical standards.
  • Demonstration of MSF core values: Connection, Respect, Agile, Revolutionary, Communication, and Resilient.
  • Stationary position; prolonged periods at a desk and working on a computer.
  • Occasional movement around the office
  • Occasional light lifting up to 10 pounds, stooping, bending, standing, reaching

Nice To Haves

  • Professional experience utilizing LawVu is preferred.

Responsibilities

  • Oversee legal processes related to default servicing, specifically foreclosure and bankruptcy matters.
  • Review, track, and draft responses to subpoenas and other third-party legal requests within regulatory timelines.
  • Partner regularly with the Mortgage Servicing team to ensure compliance and alignment on pending legal actions.
  • Manage workflow and track milestones within LawVu legal matter management software.
  • Handle data entry, reporting, and tracking within the MSP mortgage servicing system.
  • Maintain productive and professional ongoing communication with outside counsel.
  • Provide support for corporate mortgage licensing updates, renewals, and maintenance.
  • Assist with administrative tasks related to contracting, third-party originations, and compliance initiatives.
  • Support front desk operations or coverage as needed.
  • Perform other duties as assigned to support the legal department to include the front desk, compliance, licensing, third party origination and facilities.

Benefits

  • Health, Dental and Vision Insurance
  • Health Savings Account
  • Flexible Spending Account
  • Life and AD&D coverage
  • Voluntary Supplemental Life
  • Voluntary Short-Term, Long-Term Disability and Supplemental insurance
  • Company retirement plan
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