Role Description
We are seeking an experienced Loss Mitigation Paralegal to support foreclosure and default servicing matters. This role involves:
-
Coordinating settlement efforts and managing critical deadlines.
-
Serving as a key liaison between attorneys, borrowers, loan servicers, and other stakeholders.
-
Ensuring compliance, accuracy, and timely resolution of cases.
The ideal candidate has a strong background in loss mitigation, is highly organized, detail-oriented, and comfortable working within case management systems.
Qualifications
-
Minimum of 3 years of experience in a legal or mortgage servicing environment, preferably in loss mitigation or foreclosure-related roles.
-
Proficiency in Microsoft Outlook, Word, and Excel for managing correspondence, workload, and document drafting.
-
Strong working knowledge of CaseAware or other case management platforms such as LoanSphere, Tempo, or Equator is preferred.
-
Highly organized with the ability to manage multiple cases simultaneously while maintaining a high level of accuracy and attention to detail.
-
Excellent written and verbal communication skills, with the ability to effectively negotiate and coordinate with borrowers, attorneys, and other stakeholders.
-
Familiarity with federal and state regulations governing loss mitigation, including CFPB guidelines, HUD rules, and mortgage servicing compliance standards.
Requirements
-
Serve as the primary point of contact between attorneys, borrowers, loan servicers, and other stakeholders to ensure clear and effective communication throughout the settlement process.
-
Coordinate settlement discussions related to court-ordered and non-court-ordered loss mitigation programs.
-
Monitor and manage critical deadlines across the loss mitigation and foreclosure process.
-
Track, document, and update all case actions to ensure timely responses, submissions, and completion of required tasks.
-
Utilize CaseAware and other client systems for case tracking, document management, and communication.
-
Ensure accuracy and consistency of data across all client and internal systems.
Benefits
-
Paid parental leave options.
-
Short and long-term disability leave options.
-
Comprehensive medical, dental, and vision insurance.
-
Flexible Spending Accounts (FSA) and Dependent Care plans.
-
Commuter benefits including transit and parking options.
-
Pet insurance to help care for your furry family members.
-
401(k) retirement plans with employer contributions.
-
Gym and fitness reimbursements to support a healthy lifestyle.
-
Annual $500 travel budget to attend firm sponsored social events.