Servicing Litigation Specialist II

PennyMacMoorpark, CA
50d$45,000 - $66,000Onsite

About The Position

Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. A Typical Day The Servicing Litigation Specialist is responsible for managing key metrics related to servicing litigation, including contested foreclosure matters, title matters, and mediation. As the Litigation Specialist, you will maintain a case for each matter in which the specialist will be required to document status of the litigated issue, assess risk and organize supplementing data and information to support servicing litigation.

Requirements

  • Knowledge of legal pleadings and ability to review and decipher allegations and issues
  • Knowledge pertaining to the legal process and procedures
  • Proficiency with Microsoft Windows, Word, Excel, and PowerPoint
  • Proficiency with Loan Sphere and other mortgage servicing systems

Nice To Haves

  • Bachelor's degree and/or Paralegal Certificate preferred

Responsibilities

  • Manage, monitor and track litigated files which include but are not limited to contested, title, mediated and bankruptcy proceedings
  • Evaluate reports and research risk and potential risk of legal documentation
  • Support in-house counsel, on research projects regarding servicing issues and pre-litigation customer disputes
  • Receive lawsuits and formulate strategy with attorney
  • Potentially attend hearings, (including mediation, trial, settlement conferences, depositions to present company position, and defend)
  • May travel as a corporate representative for mediations, trials, settlement conferences and depositions
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organization's desired culture and values

Benefits

  • Comprehensive Medical, Dental, and Vision
  • Paid Time Off Programs including vacation, holidays, illness, and parental leave
  • Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
  • Retirement benefits, life insurance, 401k match, and tuition reimbursement
  • Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Credit Intermediation and Related Activities

Number of Employees

1,001-5,000 employees

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