Senior Counsel - Litigation

LoanCare • ,

10h • $103,000 - $193,100 • Remote

About The Position

LoanCare is seeking a Senior Counsel - Litigation with a solid work history in the mortgage or real estate industry. The role oversees litigation related to GSE loans from defaulted issuers, manages consumer finance litigation, and advises executives and business units on legal strategy and operational matters. The Senior Counsel works with internal and external clients and outside counsel, supervises junior attorneys and paralegals, and manages litigation-related discovery, subpoenas, legal billing, client information requests, and risk reporting. The position also supports senior in-house counsel and helps identify litigation and complaint trends to inform policies and procedures.

The role is part of LoanCare, a national mortgage loan subservicer backed by Fidelity National Financial. LoanCare describes its environment as a normal office environment and notes flexibility to work remotely while remaining connected through virtual engagement. Employees may need to work early, late, or weekend hours, with overtime as necessary for successful job performance.

Requirements

• Juris Doctor from an ABA-accredited law school and state bar admission.
• At least 7 years of experience in consumer or mortgage loan servicing litigation defense management.
• Knowledge of mortgage origination, closing, and servicing practices.
• Knowledge of mortgage loan products, including conventional loans, ARMs, and HELOCs.
• Knowledge of loan documents such as notes and mortgages or deeds of trust.
• Knowledge of federal and state consumer finance laws and Government Sponsored Entity Seller/Servicer Guidelines.
• Knowledge of federal laws and regulations governing residential mortgages, including ECOA, FCRA, TILA, RESPA, and FDCPA, and ability to apply requirements to business practices.
• Experience representing mortgage servicers against consumer litigation claims involving matters such as privacy, contested foreclosures, FDCPA, FCRA, TILA, RESPA, and other state and federal consumer protection disputes.
• Experience overseeing complex litigation.
• Experience responding to discovery requests, including e-discovery.
• Experience researching, interpreting, and articulating legal issues.
• Experience working directly with management on residential mortgage default litigation issues.
• Substantial experience delivering presentations to clients and executive management.
• Strong legal research ability and familiarity with legal research tools such as Westlaw or Lexis Nexis.
• Strong verbal and written communication skills.
• Ability to maintain confidential and/or privileged information.
• Ability to work independently and in a team setting.
• Ability to interpret and apply applicable laws and regulations.
• Ability to manage multiple projects and matters and meet deadlines in a changing, fast-paced environment.
• Results-driven, detail-oriented, and committed to driving best practices.

Responsibilities

• Oversee and manage litigation related to GSE loans from defaulted issuers by supervising, coordinating, and strategizing with outside counsel, and providing transparency to the account-owning GSE.
• Advise senior executives on litigation strategies.
• Supervise the work of junior attorneys and paralegals.
• Lead negotiations and revisions of renewing subservicing agreements with clients.
• Manage all aspects of consumer finance litigation, including selecting and managing outside counsel, communicating with counsel, and administering and processing outside counsel legal billing.
• Lead presentations regarding periodic updates and risk reports to senior litigation counsel.
• Provide legal advice to managers and supervisors and research operational processes and procedures.
• Manage and oversee responses to discovery requests, including e-discovery.
• Review and provide guidance on subpoena duces tecum.
• Assist internal business units with responses to information requests from external LoanCare clients.
• Identify trends in litigation matters and borrower or regulatory complaints, communicate trends to senior litigation counsel and internal business units, and coordinate with operations to develop remedial policies and procedures.
• Support Senior In-house counsel in responding to requests for legal advice and related assistance from internal business units.
• Perform other duties as assigned.

Benefits

• Optional medical, dental, vision, life, and disability insurance.
• Paid holidays, vacation, and sick leave.
• Fidelity National Financial matching 401(k).
• Employee stock purchase plan.
• Mental health resources, including free Calm memberships, and initiatives promoting physical and emotional well-being.
• Employee recognition programs.
• Discounts on gym memberships, pet insurance, and employee purchasing programs.
• Tuition reimbursement program.
• Flexibility to work remotely, with virtual engagement.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Ph.D. or professional degree