Transactions Counsel

Newrez LLC•Coppell, TX

About The Position

The Senior Counsel - Transactions will play a critical role in supporting servicing transactions by providing expert legal guidance and managing complex documentation. This position involves drafting, reviewing, and negotiating a wide range of servicing-related and securitization agreements, ensuring alignment with business objectives and regulatory requirements. The Senior Counsel - Transactions will collaborate closely with internal stakeholders and external counsel to facilitate timely and accurate execution of legal deliverables, mitigate risk, and stay ahead of evolving legal and regulatory landscapes. This role requires strong transactional experience, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

Requirements

Juris Doctor Degree.
Membership in good standing in state bar.
3-5 years of full-time legal practice with substantial experience in transactions/contract negotiations.

Nice To Haves

Mortgage servicing or capital markets transactions, in a law firm or in-house setting.

Responsibilities

Draft, review and negotiate a variety of servicing related agreements including third-party client servicing agreements, securitization servicing agreements and ancillary documents such as servicer notices, joinders, and DACAs.
Draft, review and negotiate securitization documents including pooling and servicing agreements, PPMs, indentures, and offering materials.
Coordinate and manage deliverables related to servicing transactions, ensuring timely and accurate execution
Collaborate with internal teams to align legal documentation with business objectives
Advise internal stakeholders on legal and regulatory issues related to servicing transactions
Partner with outside counsel as needed to align legal approaches with internal strategic objectives and acceptable risk levels
Monitor legal and regulatory developments affecting servicing and securitization transactions
Draft, review, and negotiate other agreements as needed including mortgage loan purchase agreements (MLPAs), non-disclosure agreements (NDAs), broker agreements and correspondent agreements.
Performs related duties as assigned by management.