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Experience
10 yrs required
Location
Lansing, MI, United States
Posted on
Dec 11, 2022
Profile
SVP, Associate General Counsel
The candidate will assist the General Counsel with reviewing, drafting, and revising a variety of transactional agreements. Advise business unit clients on compliance issues relevant to the reverse mortgage industry in general and business specifically. Assist the General Counsel regarding insurance coverage and coordinate with an insurance broker to prepare and submit claims to insurers. Assist the General Counsel in managing a portion of the current litigation portfolio and disputes. Analyze, draft, and revise complex commercial agreements with clients, vendors, and third parties, including but not limited to servicing and subservicing agreements, nondisclosure agreements, master services agreements, statements of work, indemnification agreements, and securitization-related documents. Present position on legal matters and discuss and negotiate with counterparties, including, but not limited to, clients, vendors, regulators, and other counterparties and stakeholders. Advise General Counsel regarding insurance coverage issues and assist in the handling and perfecting of claims made you under a variety of commercial policies. Advise and assist business units regarding regulatory compliance, employment disputes, and other issues relevant to the position in the industry. Assist the General Counsel in preparing required corporate disclosures, due diligence reports, and responding to audit requests. Assist the General Counsel in managing a portfolio of pending litigation matters, including loan-level servicing litigation. Draft and negotiate settlement agreements as needed. Coordinate responses to requests from government agencies, regulators, and third-party discovery. Assist with indemnification demands and make whole requests to and from. Handle other duties as assigned. Should be a highly qualified and experienced attorney with transactional, legal compliance, and/or litigation skills, who has experience in reverse mortgage servicing, foreclosure, bankruptcy, and eviction actions and related matters and with state and federal laws applicable to the reverse mortgage industry, including HUD-related regulations and issues, and who is willing to learn such areas where experience may be lacking. Background in handling insurance coverage issues and indemnification and making whole demands is a plus.
Should have 10+ years of experience as a practicing lawyer, with relevant subject matter expertise and hands-on expertise in transactional matters involving a reverse mortgage servicer (e.g., servicing and subservicing agreements and vendor contracts), managing litigation from large numbers of routine cases to complex actions. Having one (or more) of the following areas of expertise is a plus for any candidate: work experience as an in-house counsel, experience representing mortgage loan servicer clients in transactional, compliance, or operational matters, experience drafting and reviewing contracts, policies, and procedures, nondisclosure agreements and other legal documents, willingness to learn new areas of law and provide legal support as and where needed in the company, work with regulatory subpoenas and investigations, and expertise.
Company info
Sign Up Now - MiamiCrossing.com
Employer job
90 Day Old Job