Freddie Mac
Associate General Counsel- Single-Family Mortgage Servicing Transactions
Freddie Mac, Mc Lean, Virginia, us, 22107
At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview: Are you a team player? Do you anticipate and address emerging challenges and risks? Do you serve as a positive role model? Do you demonstrate resilience in the face of change and uncertainty? Are you someone who thrives in a collegial and collaborative environment?
The Single-Family Real Estate Department in the Legal Division of Freddie Mac is seeking a seasoned attorney to join its legal staff. The attorney will provide legal advice to internal clients on a broad range of legal matters related to Freddie Mac as a business entity and will also manage outside counsel. The attorney will primarily support the single-family capital markets, single-family counterparty credit risk management and single-family mortgage servicing performance business areas with an emphasis on sophisticated financial transactions.
Our Impact: The Associate General Counsel will provide legal counsel as a key advisor to our business colleagues in the development and implementation of internal policies that support affordable and sustainable housing, as part of Freddie Mac’s mission of making home possible.
Your Impact:
Our team supports the Single-Family Division’s business to negotiate and document transactions including non-bank servicer financing facilities, servicing transfers as well as other related duties. This team is part of the Single-Family Real Estate Department in the company’s Legal Division, providing all-around legal support and advice to the Single-Family Business areas of the company, covering all aspects of residential mortgage underwriting, purchase, delivery, servicing, disposition, and risk mitigation.
Represent Freddie Mac in transactions relating to financings secured by servicing contract rights and advance reimbursement rights, including review and revision of loan documents, drafting, negotiating and closing acknowledgment agreements, consent agreements, collateral pledge agreements and parental guaranties, working closely with deal managers to advise them on structures and risks, and coordinating outside counsel;
Understand intercreditor agreements, participations and loan syndications, including familiarity with lien perfection, bankruptcy and insolvency considerations;
Negotiate and document transactions relating to the purchase and sale of residential mortgage loan portfolios and of mortgage loan servicing;
Understand Freddie Mac’s Single-Family Seller/Servicer Guide and how it impacts the complex relationships with our business customers;
Be a risk manager at all times; advising clients on legal and business risks while arming them with the information necessary to make informed decisions.
Understand Freddie Mac’s Single-Family Seller/Servicer Guide (including knowledge of representations, warranties, covenants and legal remedies).
Develop and deliver strategic solutions to nuanced legal and business issues based on your in-depth knowledge of the company and the regulatory and business environments in which it operates.
Liaise with our Litigation group related to distressed counterparties including resolution and settlement agreements, creditor-side bankruptcies and review and analysis of financial and transactional information, litigation planning and client counseling.
Be a critical team member and colleague, influencing cohesion, inclusiveness and cooperative involvement by the entire team.
Mentor and train junior level attorneys.
Qualifications:
10 or more years of relevant sophisticated legal experience, either in‑house with Freddie Mac/Fannie Mae, a bank, mortgage company, or law firm.
Juris Doctor (JD) degree and member in good standing of a state bar association.
Excellent analytical, strategic, legal research, writing and advocacy skills.
Proven ability to work effectively in a team while achieving personal and organizational goals.
Proactive, flexible, creative, and act with an appropriate degree of urgency in every situation.
Subject matter expertise in asset‑backed finance, mortgage loan servicing and insolvency preparedness.
Keys to Success in this Role:
Prioritization - Ability to effectively handle numerous issues across multiple areas and to set priorities independently.
Collaboration - Ability to build and maintain collaborative relationships with colleagues and clients.
Partnership – Build trust and positive relationships through individual and team actions.
Client Focus – Engage with clients and other stakeholders to understand their needs and priorities.
Drive for Execution – Excel at analytical, strategic, legal research, writing, speaking and advocacy skills.
Emotional Intelligence – Demonstrate self‑awareness and the ability to adapt to change gracefully.
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full timeFLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market‑leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $224,000 - $336,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
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Position Overview: Are you a team player? Do you anticipate and address emerging challenges and risks? Do you serve as a positive role model? Do you demonstrate resilience in the face of change and uncertainty? Are you someone who thrives in a collegial and collaborative environment?
The Single-Family Real Estate Department in the Legal Division of Freddie Mac is seeking a seasoned attorney to join its legal staff. The attorney will provide legal advice to internal clients on a broad range of legal matters related to Freddie Mac as a business entity and will also manage outside counsel. The attorney will primarily support the single-family capital markets, single-family counterparty credit risk management and single-family mortgage servicing performance business areas with an emphasis on sophisticated financial transactions.
Our Impact: The Associate General Counsel will provide legal counsel as a key advisor to our business colleagues in the development and implementation of internal policies that support affordable and sustainable housing, as part of Freddie Mac’s mission of making home possible.
Your Impact:
Our team supports the Single-Family Division’s business to negotiate and document transactions including non-bank servicer financing facilities, servicing transfers as well as other related duties. This team is part of the Single-Family Real Estate Department in the company’s Legal Division, providing all-around legal support and advice to the Single-Family Business areas of the company, covering all aspects of residential mortgage underwriting, purchase, delivery, servicing, disposition, and risk mitigation.
Represent Freddie Mac in transactions relating to financings secured by servicing contract rights and advance reimbursement rights, including review and revision of loan documents, drafting, negotiating and closing acknowledgment agreements, consent agreements, collateral pledge agreements and parental guaranties, working closely with deal managers to advise them on structures and risks, and coordinating outside counsel;
Understand intercreditor agreements, participations and loan syndications, including familiarity with lien perfection, bankruptcy and insolvency considerations;
Negotiate and document transactions relating to the purchase and sale of residential mortgage loan portfolios and of mortgage loan servicing;
Understand Freddie Mac’s Single-Family Seller/Servicer Guide and how it impacts the complex relationships with our business customers;
Be a risk manager at all times; advising clients on legal and business risks while arming them with the information necessary to make informed decisions.
Understand Freddie Mac’s Single-Family Seller/Servicer Guide (including knowledge of representations, warranties, covenants and legal remedies).
Develop and deliver strategic solutions to nuanced legal and business issues based on your in-depth knowledge of the company and the regulatory and business environments in which it operates.
Liaise with our Litigation group related to distressed counterparties including resolution and settlement agreements, creditor-side bankruptcies and review and analysis of financial and transactional information, litigation planning and client counseling.
Be a critical team member and colleague, influencing cohesion, inclusiveness and cooperative involvement by the entire team.
Mentor and train junior level attorneys.
Qualifications:
10 or more years of relevant sophisticated legal experience, either in‑house with Freddie Mac/Fannie Mae, a bank, mortgage company, or law firm.
Juris Doctor (JD) degree and member in good standing of a state bar association.
Excellent analytical, strategic, legal research, writing and advocacy skills.
Proven ability to work effectively in a team while achieving personal and organizational goals.
Proactive, flexible, creative, and act with an appropriate degree of urgency in every situation.
Subject matter expertise in asset‑backed finance, mortgage loan servicing and insolvency preparedness.
Keys to Success in this Role:
Prioritization - Ability to effectively handle numerous issues across multiple areas and to set priorities independently.
Collaboration - Ability to build and maintain collaborative relationships with colleagues and clients.
Partnership – Build trust and positive relationships through individual and team actions.
Client Focus – Engage with clients and other stakeholders to understand their needs and priorities.
Drive for Execution – Excel at analytical, strategic, legal research, writing, speaking and advocacy skills.
Emotional Intelligence – Demonstrate self‑awareness and the ability to adapt to change gracefully.
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full timeFLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market‑leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $224,000 - $336,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
#J-18808-Ljbffr