Job Details

Legal Staff Paralegal in Richmond, VA

Organization Type

In-House

Job Type

Legal Staff

Posted on

Jun 11, 2021

Years of Experience

Min 2 yrs required

Location

Richmond, VA, United States
Practice Area
Real Estate >> Real Estate
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Profile

Paralegal
Responsibilities: Assists Loan Settlement Attorneys and Loan Analysts in reviewing all title requirements and resolving title exception issues for purchase loans. Prepares purchase transactions for closing by obtaining and reviewing documents prepared by sellers’ attorneys and drafting seller closing disclosures. Performs post-closing review of files returned from external settlement agents and witness only closings, including communicating with settlement agents about missing documents and updating error tracking report. Performs witness only closings, as needed. Requests and reviews releases from existing lenders for unreleased deeds of trust for all refinance closings and subordination and/or modification agreements from credit line lenders for refinance closings. Assists Loan Analysts in reviewing all title requirements and resolving title exception issues for refinance loans, including providing guidance on resolving judgement lien issues. Prepares right of rescission releases for recording and coordinates re-recordings of legal documents, as necessary. Maintains a tracking report to verify all lien releases and subordinations have been recorded. May perform refinance loan closings, as needed.

Qualification and Experience

Qualifications: Bachelor's Degree required. Licensed Virginia Notary Public, or willingness to become licensed within first 30 days. Several years of residential real estate closing experience. Prior experience working in real estate, mortgage, or title field. Experience with title insurance required. Experience with Microsoft Word and Excel and Adobe Acrobat. Have strong communication skills, both written and verbal, particularly with lenders, borrowers and closing attorneys. Time management skills with ability to organize and prioritize responsibilities. Effective problem-solving skills, be efficient, and detail oriented. Be a team player able to work within a small group, self-motivated, and a positive attitude. Ability to work with little or no supervision. Knowledge of underwriting systems is a plus. Prior experience in a government-regulated industry is a plus.

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