Banking/Attorney/In House/Lewisville, Texas

Company Name:
Mortgage Collections Legal Advisory Attorney
The candidate will also assume various responsibilities for cross line of business collections advisory matters such as monitoring for collections laws that affect any of the CCB consumer businesses. Will provide legal advice to the mortgage business on federal and state laws and regulations applicable to mortgage collections. Review written communications and scripting used in collections communications for mortgage collections. Consult with Mortgage Banking Collections, Compliance, and Risk regarding collections policies, procedures and processes. Provide legal support on Exam Management issues arising in the Mortgage Banking Collections space. Monitor changes in mortgage collections law and regulation at the state and federal level that impact the loan servicing collections functions. Provide 'gap analyses' against current practices on proposed or enacted federal or state laws applicable to mortgage collections. Monitor federal and state collections laws and regulations applicable to all CCB businesses. Update the firm wide Legal Obligations Library to reflect changes to existing laws and new laws. Draft comment letters in connection with proposed federal and state laws or regulations. Work on cross lines of business legal projects and initiatives dealing with collections.

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