Mortgage Paralegal

Posted 4 Days Ago
Be an Early Applicant
Birmingham, AL, USA
In-Office
83K-103K Annually
Senior level
Fintech
The Role
Provides legal and operational support for mortgage servicing matters. Responsibilities include intake and maintenance of matters in Onit, deadline and correspondence tracking, certified mail coordination, outside counsel communication, document and pleading organization, matter summaries, attorney support, and MERS-related activities. The role manages high volumes of legal matters while ensuring accurate records, timely communication, compliance with servicing requirements, and effective file administration.
Summary Generated by Built In

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Paralegal - Corporate reports to an attorney in the Legal Department and provides professional legal support through legal research, drafting legal and business communications, and general file management.

Primary Responsibilities

  • Performs more complex legal and regulatory research for attorneys – finding relevant cases, statutes, regulations and other legal materials without citations
  • Maintains up-to-date file on commonly used forms and recommends form revisions
  • Draft documents – responses to information requests
  • Prepares exhibit sets or documents for depositions, hearings, memos, investigations and/or trials
  • Proactively communicates with appropriate internal parties to assist in resolving complex legal issues or acquire documentation
  • Reviews and organizes documents received or presented from opposing parties
  • Reviews and prepares documents
  • Updates and maintains case and/or knowledge management database
  • Coordinates with internal and/or external counsel
  • May offer advice and guidance to junior paralegals
  • May serve as an initial point of contact for external parties such as government agencies
  • Prepares comprehensive document indexes, timelines and/or summaries
  • Retrieves information from bank systems as needed for legal matters

This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act

Requirements

  • Bachelor’s degree in related field and five (5) years of legal experience in law firm/inhouse counsel
  • Or High School Diploma and nine (9) years of legal experience in law firm/inhouse counsel

Preferences

  • Paralegal Certificate or formal legal training
  • Subject matter experience in a given area of law/banking

Skills and Competencies

  • Ability to work independently
  • Data entry and typing skills
  • Proficient in Microsoft Office (Excel, Word, Outlook, Teams, and PowerPoint, etc)
  • Strong attention to detail
  • Strong time management
  • Strong research, writing  and verbal communication skills

The Mortgage Servicing Paralegal provides legal and operational support to the Legal Department through the management of mortgage legal matters, coordination with outside counsel, maintenance of matter management systems, and preparation of customer correspondence. This role is responsible for ensuring accurate matter tracking, timely communication, and effective file management while supporting attorneys and senior legal professionals in the administration of mortgage servicing and related legal matters. The position requires strong organizational skills, attention to detail, and the ability to manage a high volume of matters in a fast-paced legal environment.

 

Primary Responsibilities


• Receive, review, and process incoming Mortgage CSC matters.

• Open and maintain legal matters in the Onit matter management system, ensuring accurate records, documentation, and case information.

• Monitor matter activity, track key dates and deadlines, and assist in ensuring timely handling and resolution of assigned matters.

• Prepare, print, assemble, and distribute HOA and COA correspondence, legal notices, letters, and supporting documentation.

• Coordinate certified mail processing, maintain delivery and correspondence records, and ensure mailings are completed accurately and timely.

• Monitor assigned litigation and non-litigation matters for updates from outside counsel and communicate with firms to obtain status updates, documentation, and other information necessary for file management.

• Review, organize, and maintain pleadings, correspondence, status reports, and other legal documents received from external law firms.

• Prepare and provide matter summaries, status reports, and updates to attorneys, management, and business partners as requested.

• Support attorneys and legal management in the administration of mortgage servicing legal matters, including identifying matters requiring attorney review and escalating issues as appropriate.

• Assist with MERS-related activities, including maintaining officer records, coordinating document execution packages, tracking MERS matters, and supporting Fannie Mae and Freddie Mac servicing and legal requirements as requested.

• Assist with special projects, legal operations initiatives, and other paralegal and legal support duties as assigned.

  

Impact of the Role


This position serves as a key support function within the Legal Department by managing numerous time-intensive legal and operational processes. By handling matter intake, file monitoring, correspondence administration, and outside counsel coordination, the Paralegal enables attorneys and senior legal professionals to focus on complex legal analysis, litigation oversight, regulatory matters, MERS responsibilities, and other functions requiring specialized legal expertise and authority.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$83,000.00 USD

Median:

$102,770.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

  • Paid Vacation/Sick Time

  • 401K with Company Match

  • Medical, Dental and Vision Benefits

  • Disability Benefits

  • Health Savings Account

  • Flexible Spending Account

  • Life Insurance

  • Parental Leave

  • Employee Assistance Program

  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location DetailsRegions Center

Location:Birmingham, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Skills Required

  • Bachelor's degree in a related field and five years of legal experience in a law firm or in-house counsel environment
  • High school diploma and nine years of legal experience in a law firm or in-house counsel environment
  • Ability to work independently
  • Data entry and typing skills
  • Proficiency in Microsoft Office, including Excel, Word, Outlook, Teams, and PowerPoint
  • Strong attention to detail
  • Strong time management skills
  • Strong research, writing, and verbal communication skills
  • Paralegal certificate or formal legal training
  • Subject matter experience in banking or a relevant area of law

Regions Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Regions Bank and has not been reviewed or approved by Regions Bank.

  • Retirement Support — Retirement benefits are positioned as a standout, highlighted by a competitive 401(k) match and additional retirement-related contributions. Stock options are also referenced as part of the longer-term rewards mix for some roles.
  • Healthcare Strength — Healthcare coverage is characterized as comprehensive, spanning medical, dental, vision, disability, life insurance, and tax-advantaged accounts like FSAs/HSAs. Mental health support and wellness programs are also included, reinforcing breadth beyond core medical coverage.
  • Leave & Time Off Breadth — Time-off benefits are described as robust, including paid time off, paid sick days, paid volunteer time, and family medical leave. These offerings are repeatedly framed as a meaningful part of the overall rewards package even when base pay is viewed as less competitive.

Regions Bank Insights

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The Company
HQ: Birmingham, AL
18,851 Employees
Year Founded: 1971

What We Do

Regions Financial Corporation (NYSE:RF), with $144 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com. Our Company Mission We are Regions. And ours is a vibrant mission. Make life better. Make life better for associates. Make life better for our customers. Make life better for our communities. This is our roadmap to success. Our roadmap to create strong, consistent shareholder value. Regions'​ five core values guide everything we do: • Do What Is Right • Put People First • Reach Higher • Focus On Your Customer • Enjoy Life

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