Associate General Counsel - Single - Family Mortgage Servicing Transactions

8 - 10 years experience  •  Financial Services

Salary depends on experience
Posted on 11/23/17
Mc Lean, VA
8 - 10 years experience
Financial Services
Salary depends on experience
Posted on 11/23/17

Responsibilities Include:

  • Negotiate and draft complex commercial agreements, including non-traditional financing arrangements and credit enhancements such as mortgage insurance and credit risk transfers
  • Negotiate and document transactions relating to the purchase and sale of residential mortgage loanportfolios and of mortgage loan servicing
  • Negotiate and document transactions relating to financings secured by mortgage loan servicing and advance reimbursements
  • Understand Freddie Mac’s Single-Family Seller/Servicer Guide (including knowledge of the representations, warranties, covenants and legal remedies set forth in the Guide)
  • Understand intercreditor agreements, participations and loan syndications, including familiarity with lien perfection, bankruptcy and insolvency considerations
  • Advisory support to internal clients on real estate issues

Qualifications

  • Typically has 8+ years of relevant legal experience in a sophisticated practice, either in-house with a well-established bank, mortgage company or real estate company, or with a top tier law firm
  • Juris Doctor (JD) degree; membership in good standing in a state Bar
  • Excellent analytical, strategic, legal research, writing and advocacy skills
  • Ability to effectively manage numerous issues across multiple areas and set priorities independently

Preferred Skills

  • Superior oral and written communications skills
  • Ability to create and maintain strong collaborative relationships with colleagues and clients
  • 7961BR
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