First American Mortgage Solutions, LLC hires an Associate Operations Counsel to provide legal and regulatory advice to mortgage servicing and origination operations. The role advises internal teams, researches mortgage servicing requirements, maintains compliant documents and forms, and supports regulatory changes and client inquiries.
Facilitate the business objectives of the Division(s) supported and Company by providing timely and effective legal support while minimizing potential legal exposure and risk
Provide practical, timely, and high-quality legal counsel and guidance to the Company divisions and departments supported, with a primary focus on mortgage servicing documentation and regulatory compliance
Research and interpret federal and state mortgage servicing laws, regulations, and investor requirements to ensure servicing documents, forms, and related processes remain compliant
Review, develop, and maintain mortgage servicing documents and forms, ensuring accuracy and compliance with applicable regulatory and investor requirements
Monitor legislative and regulatory changes and evaluate their potential impact on mortgage servicing documents, systems, and business processes
Partner with internal operations, product, technology, and compliance teams to address servicing documentation questions, support product enhancements, and implement regulatory changes
Work with clients' legal and compliance contacts to research and resolve mortgage servicing-related questions and concerns
Qualification
Required
Law Degree required
Admitted to practice law in the US
Typically has 1–3 years of professional experience in area of specialization
Licensed to practice law, in good standing
Direct experience with residential mortgage servicing regulations, compliance, and documentation
Working knowledge of Regulation X (RESPA), Regulation Z (TILA), and applicable federal and state mortgage servicing requirements
Experience researching, reviewing, or developing mortgage servicing documents, forms, and borrower communications
Familiarity with government agency and investor requirements affecting mortgage servicing
Ability to interpret complex regulatory requirements and translate them into practical documentation, system, or operational solutions
Comfortable performing detailed, hands-on legal research and documentation review while working independently and collaboratively with business teams
Developed legal research, written and verbal communication skills
Good organizational skills with the ability to multitask, prioritize, and work under pressure
Demonstrated ability to manage workload and balance competing priorities
Ability to build and maintain rapport with superiors, peers, subordinates, and external company contacts
Proficiency with Microsoft Office products
Preferred
Benefits
Based on eligibility, First American offers medical, dental, vision, 401k, PTO/paid sick leave, and an employee stock purchase plan.
First American provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment.