Litigation Management & Subservicer Oversight Counsel

Overview

This role serves as the legal department lead for the litigation management function across the MSR investment platform and affiliated entities (including Lakeview Loan Servicing, LLC). The position partners closely with the Servicing Oversight group to manage and oversee subservicers’ borrower-related litigation activities (including their engagement and direction of outside counsel) and directly handle litigation and claims that name Lakeview or other MSR Fund entities.

In addition, this role provides general legal support to the Housing Finance Association (HFA) and Third-Party Originations (TPO) groups, advising on contractual matters, disputes, and litigation risk associated with those business lines.

The position also leads contracting and transactional legal work related to subservicer relationships and manages third-party disputes and claims (offensive and defensive) across the MSR Fund entities.

This is a hybrid position, reporting to one of our office locations three days per week (Tuesday through Thursday). Office locations for this position are in Denver, CO;
Coral Gables, FL;
Fort Lauderdale, FL; or Horsham, PA. We offer a competitive salary range of $169,000 to $190,000, an annual bonus, 401(k) company match, and comprehensive medical benefits starting on day one. Compensation may vary based on experience, location, and other job-related factors.

1) Litigation Management Oversight (Subservicers / Borrower-Related Matters)

• Establish and maintain a litigation oversight framework for subservicer-managed borrower litigation (e.g., foreclosure-related disputes, bankruptcy litigation issues, consumer protection claims, escrow/credit reporting disputes, servicing error allegations, and other borrower claims).
• Partner with the Servicing Oversight department to monitor subservicers’ litigation practices, escalation protocols, reporting, and outside counsel management.
• Develop and enforce standards for case intake, reserves, reporting cadence, pleadings review expectations, settlement authority, and documentation/servicing-record integrity.
• Analyze litigation trends, root causes, and subservicer performance; recommend corrective actions and process improvements.
• Coordinate escalation of high-risk matters and ensure appropriate internal stakeholder visibility (Risk, Compliance, Servicing Oversight, Operations, Finance).

2) Direct Handling of Litigation Naming Lakeview and MSR Fund Entities

• Lead strategy, case management, and resolution for litigation naming Lakeview Loan Servicing, LLC and/or other entities within the MSR Fund structure.
• Manage outside counsel, including selection, budgeting, engagement letters, guidelines, performance oversight, and fee management.
• Draft and review pleadings, briefs, settlement agreements, demand and response letters, and discovery strategy; oversee eDiscovery and litigation holds.
• Coordinate internal fact development, witness preparation, and discovery responses, including document production with business teams and subservicers.
• Attend certain hearings, depositions, settlement conferences, and trials with outside counsel.
• Provide risk assessments, probability-of-loss evaluations, and reserve recommendations in coordination with the accounting department and senior leadership.
• Ensure appropriate preservation of attorney‑client privilege and work product protections across litigation, investigations, and sub‑servicer communications, including guidance to business teams on litigation‑related communications.

3) Third-Party Disputes & Claims (Offensive and Defensive)

• Manage and resolve third-party disputes and claims (non-borrower), including vendor disputes, counter party conflicts, indemnity matters, servicing transfer issues, and other commercial claims.
• Evaluate and pursue affirmative claims where appropriate, including breach of contract, indemnification, contribution, and recovery actions.
• Oversee pre-litigation strategy, negotiations, mediations, arbitrations, and settlement processes.
• Manage and oversee disputes and litigation related to the protection and enforcement of the company’s intellectual property, proprietary systems, data, processes,…