Job Description

Associate General Counsel Single Family Mortgage Servicing Transactions

4 days ago Be among the first 25 applicants.

At Freddie Mac, our mission of Making Home Possible is what motivates us, and its 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 collaborative, resilient team player who anticipates challenges and serves as a positive role model? Freddie Macs SingleFamily Real Estate Department is seeking an experienced attorney to advise on legal matters, manage outside counsel, and support singlefamily capital markets, credit risk management, and mortgage servicingfocusing on complex 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 Macs mission of making home possible.

Your Impact

• Support the SingleFamily Divisions business to negotiate and document transactions including nonbank servicer financing facilities, servicing transfers and other related duties. This team is part of the SingleFamily Real Estate Department in the companys Legal Division, providing allaround legal support and advice to the SingleFamily 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 guarantees, 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 Macs SingleFamily 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.
• Develop and deliver strategic solutions to nuanced legal and business issues based on your indepth 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, creditorside 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 inhouse 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 assetbacked 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 selfawareness 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.

A safe and secure environment is critical to Freddie Macs business. This includes employee commitment to our acceptable use policy, applying a vigilancefirst approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

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 and register with our referral code: MAC.

Time-type: Full time | FLSA Status: Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and marketleading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized marketbased 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.

Seniority level

MidSenior level

Employment type

Fulltime

Job function

Legal

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