Paralegal - Remote

Longbridge Financial•Paramus, NJ

2d•$70 - $85•Remote

About The Position

We’re excited to announce that Longbridge is hiring a Legal Assistant/Paralegal for our Corporate Legal Department. This position will report to the VP Deputy General Counsel. General Responsibilities: The Paralegal position will assist Legal by performing a variety of legal support duties, including loan document review to expand new product offerings, legal research; compliance; contract review; preparation and review of loan documents, ancillary documents and procedures.

Requirements

Bachelor’s degree or equivalent and relevant job experience
2+ years Paralegal transactional experience preferably in real estate or mortgage industry
Experience performing legal research
Knowledge of consumer finance and residential mortgage regulations including RESPA, TILA, ECOA, FCRA, Fair Housing Act, Dodd Frank, UDAAP, GLBA, HMDA, as well as FHA/HUD and GNMA guidelines
Excellent written communication skills
Strong comprehension and drafting skills

Nice To Haves

Knowledge of HELOCs and reverse mortgages, a plus
Contracts review experience, a plus

Responsibilities

Review loan documents to ensure compliance with consumer federal and state laws and regulations including RESPA, TILA, ECOA, FCRA, Fair Housing Act, Dodd Frank, UDAAP, GLBA, HMDA, as well as FHA/HUD and GNMA guidelines
Support new product development and project management including HELOC and reverse mortgage product offerings
Support transactional management responsibilities of the legal team
Assist in creating, editing, revising, proofreading, and redlining documents (including loan documents, legal contracts, agreements, letters, and other legal correspondence)
Research and analyze law sources such as statutes, regulations, judicial decisions, and legal articles related to the mortgage industry.
Handle guideline issues that have legal nuances, research and advise on direction and next steps for product development.
Performs any other related duties as assigned or as necessary.