Description:

Job Description:
Cenlar is the nation's leading mortgage loan subservicer. Our unique culture is defined by our core values of respect, trust, integrity and care. A promote-from-within philosophy, and opportunities for continuous professional growth make Cenlar a great place to launch or boost your career.

The Litigation Associates are responsible for monitoring high risk/litigation/title issue accounts to minimize potential client or Cenlar losses. These positions serve as a liaison between clients, upper management and attorneys, support day to day management of client initiatives that impact the Foreclosure, Bankruptcy and Post Sale Department. Some activities include but are not limited to developing reports, conducting research, attending client meetings and state/county hearings or mediations as required.

Responsibilities:

Recognizes and makes recommendations to facilitate appropriate course of action to mitigate potential exposure
Manages compensatory process to GSEs from receipt of invoice to resolution
Manages servicer billing process from receipt of demand until resolution
Drafts appeals of compensatory fees and servicer demands
Researches accounts where compensatory exposure exists to determine delays and cause
Knowledge of the individual state statutes and laws which impact state timelines
Interprets and understands state statutes and laws
Maintains current knowledge and understanding of FNMA and FHLMC servicing guides and timelines
Prepares and distributes monthly management and executive reports
Works closely with Compliance to keep late-stage default aware of relevant changes to guidelines and/or expectations
Assesses liability to clients and GSE for delays as it relates to Compensatory fees
Performs audits on Foreclosure, Bankruptcy, REO and claims files to assess liability for delays
Understands and interprets servicing contracts
Periodically assesses Policy and Procedures and advises management on improvement opportunities
Attends client meetings and provide updates related to compensatory fees
Participates in off-site due diligence reviews
Attends all scheduled mediation hearings telephonically or in person which requires some travel
Reviews workout packages to ensure package is complete for loss mitigation review
Works closely with loss mitigation for resolution prior to mediation hearing
Prepares and obtains reinstatements, pay offs, payment histories, Brokers Price Opinion/Appraisals, denial letters and or offers
Frequently travels to attend state/county hearings or mediations as a regular part of business
Completes other duties and projects as assigned by management
Appropriately assess risk when business decisions are made, include but not limited to compliance and operational risk. Demonstrate consideration for Cenlar's reputation as well as our clients, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Qualifications:

Bachelor's degree or equivalent experience
Attorney or previous legal experience preferred
Minimum of 5 years mortgage default experience
Excellent communication skills; oral and written
Thorough knowledge of FHA/VA; FNMA/FHLMC servicing guidelines and requirements
Familiar with foreclosure and bankruptcy laws in a multi-state portfolio
Detail oriented ability to successfully manage multiple priorities, and possess the ability to meet deadlines
Strong analytical skills
Strong writing skills
Able to work in fast paced environment.
Ability to manage workload to meet deadlines
Working knowledge with Microsoft Office, spreadsheets and software applications
It is critical that you have an understanding of the following:
Requirements under the Real Estate Settlement Procedures Act (RESPA), specifically general servicing standards and loss mitigation practices
Requirements under the Service members Civil Relief Act (SCRA), specifically protections for Service members

Total Rewards:
At Cenlar, you'll receive an outstanding benefits package that includes paid medical, dental, and life insurance, 401(k), and tuition assistance as well as opportunities for training and professional advancement.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, gender identity), national origin, age, disability, or status as a protected veteran.

Cenlar is a Drug-Free Workplace committed to maintaining a safe, healthy, and productive work environment. All employment offers are contingent upon successfully passing any required drug screening in accordance with applicable laws and company policy.

Cenlar complies with the Americans with Disabilities Act and state laws. Applicants needing accommodation for any hiring step—such as completing a form, test, or interview—should let us know by contacting recruitment@cenlar.com

The actual compensation offered will depend on factors including but not limited to the candidate's experience, qualifications, skills, and location. This range listed below represents the reasonable minimum and maximum salary the company expects to pay for this position.