Pennymac has the mindset and agility of a startup, with the power and backing of a large public company.
Los Angeles, CA

Spec II, Svc Lit at Pennymac

| Los Angeles, CA
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Responsible for managing key metrics related to servicing litigation, including contested foreclosure matters, title matters, and mediation. Maintain a case for each matter in which the specialist will be required to document status of the litigated issue, assess risk and organize supplementing data and information to support servicing litigation. Assist with special projects and escalated high risk issues and cases. May also be asked to train other specialists, and travel to attend hearings for the department.
Job Description
  • Manage, monitor and track litigated files which include but are not limited to contested, title, mediated and bankruptcy proceedings
  • Research and evaluate findings by attorneys or business partners
  • Work with clients and servicing systems to retrieve and provide documentation and loan-level data to outside counsel
  • Evaluate reports and research risk and potential risk of legal documentation
  • Assist with processing and payment of outside counsel invoices
  • Support in-house counsel, on research projects regarding servicing issues and pre-litigation customer disputes
  • Receive lawsuits and formulate strategy with attorney
  • Monitor progress of litigation with attorney and keep management up to date
  • Organize case materials and research to be presented to upper management
  • May attend hearings, (including mediation, trial, settlement conferences, depositions to present company position, and defend)
  • May travel as a corporate representative for mediations, trials, settlement conferences and depositions
  • Deliver presentations on escalated cases to upper management
  • Assist in training other specialists, as needed
  • Assist in writing policy and procedures
  • Monitor and track title litigated files consisting of contested, title, mediated and bankruptcy proceedings
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organization's desired culture and values
Ideal Candidate will have the following:
  • Four year degree and/or Paralegal Certificate preferred
  • Knowledge of legal pleadings and ability to review and decipher allegations and issues
  • Knowledge pertaining to the legal process and procedures
  • Proficiency with Microsoft Windows, Word, Excel, and PowerPoint
  • Proficiency with Loan Sphere and other mortgage servicing systems
  • Ability and availability to travel
  • Ability to work independently and as part of a team
  • Ability to analyze mortgage industry related documents
  • Advanced organizational skills, with the ability to multi-task
  • Ability to communicate with all levels of management in a professional and organized manner
  • Ability to work well with data, to calculate timeframes and evaluate costs and losses
  • Advanced interpersonal, analytical, presentational, problem-solving, verbal and written communication skills
Years of Experience:
Bachelor's Degree
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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • .NETLanguages
    • PerlLanguages
    • PythonLanguages
    • RubyLanguages
    • AWS Cloud ServicesLanguages
    • jQueryLibraries
    • jQuery UILibraries
    • ReactLibraries
    • ReduxLibraries
    • AngularJSFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • SpringFrameworks
    • MongoDBDatabases
    • MySQLDatabases
    • PostgreSQLDatabases
    • TableauAnalytics
    • ConfluenceManagement
    • Google DriveManagement
    • Google DocsManagement
    • Google SlidesManagement
    • JIRAManagement
    • GitLabManagement
    • SalesforceCRM

What are Pennymac Perks + Benefits

Pennymac Benefits Overview

Pennymac puts its people first. Our generous health, dental and vision benefits are available to all full-time employees. Our tech department also hosts fun, team-building events and activities.

Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Unconscious bias training
Diversity manifesto
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Mental Health Benefits
Retirement & Stock Options Benefits
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Diversity Program
Lunch and learns
Promote from within
Mentorship program
Time allotted for learning
Online course subscriptions available
Customized development tracks

An Insider's view of Pennymac

What are some social events your company does?

Our Tech team has great events, including casino & trivia nights, virtual happy hours, gaming - we’ve even sponsored a video game tournament against our industry competitors! We’re nationally disbursed, but regardless of where people live, we’re all part of one interactive, linked community, and it’s easy to find others who share your interests.


Senior Developer, Production

How do you collaborate with other teams in the company?

The culture at Pennymac has cultivated a great sense of teamwork in which we all succeed, fail, and learn together. We collaborate in many ways - from video calls to morning coffee hours, ad hoc huddles, email, chat, and sometimes while playing ping pong or pool in the cafeteria. Everyone is encouraged to work together to accomplish a common goal.


Vice President, IT Program Management

How has your career grown since starting at the company?

My time at Pennymac has rocketed my career as a software dev. In two years I went from having no professional coding background to managing three applications in production, managing two direct staff and contributing to open-source libraries. My time has given me the experience and skills to successfully create new tech products that make money.


Assistant Vice President, Application Development

How do your team's ideas influence the company's direction?

As a company, we're one very cohesive, supportive team with various areas of expertise. It's like a potluck - everyone brings something different, but it all comes together perfectly. Company management believes in us, trusts us, and invests in us. That provides the opportunity to build positive outcomes for our business and our customers.


Managing Director, Technology Infrastructure

What are some things you learned at the company?

Our team constantly works to better itself by delivering software on time without shortcuts or compromising quality. At Pennymac, I have the opportunity to own many critical day-to-day database operations. I've had the flexibility to be innovative, which has allowed me to grow as a developer.


Senior Developer, Database

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