Position Overview:The Single-Family Law Department in the Freddie Mac Legal Division is seeking a collaborative, team focused attorney to join its legal staff as Assistant General Counsel. The attorney will support the single-family mortgage acquisition activities of Freddie Mac, including contract negotiations and drafting, written communications to the industry, internal and external training activities and communications, quality control matters, and new initiatives involving underwriting and purchasing single-family mortgages.
Your Impact:The Legal Division is committed to providing quality and timely advice and representation responsive to client needs on a variety of matters affecting Freddie Mac. As Assistant General Counsel in the Single-Family Law Department, you will:
- Advise internal clients on mortgage eligibility, credit policies and Freddie Mac Single-Family Seller/Servicer Guide (the "Guide") matters, including lender eligibility; mortgage purchases; mortgage loan documents and forms; representations, warranties, covenants and remedies relating to loans purchased by and serviced for Freddie Mac; and proprietary initiatives and systems
- Draft contract provisions for the purchase of mortgage loans, including credit underwriting terms and pricing structures
- Participate in the development and drafting of innovative and legally complex new initiatives; amend and update the Guide; review and edit external communications and training materials relating to new products, policies and systems
- Regularly collaborate with internal peers and colleagues as well as Freddie Mac's conservator/regulator on matters relating to mortgage purchase eligibility
- Advise internal clients on matters requiring approval by or consultation with Freddie Mac's conservator/regulator
Qualifications:- Juris Doctor (JD) degree; membership in good standing in a state Bar
- At least 5 years relevant legal experience, either in-house with a government sponsored entity, government agency, bank or mortgage company, or law firm
- Strong interpersonal skills and ability to work collaboratively
Keys to Success in this Role:- Team focus with an ability to build and maintain strong collaborative and positive relationships with colleagues, clients, and our conservator/regulator
- Superior analytical, strategic, legal research, oral and written communications and advocacy skills
- Ability to effectively handle numerous issues across multiple areas and to set priorities independently
- Ability to adapt to change gracefully and shift priorities with ease
- Intellectual curiosity and enthusiasm
Current Freddie Mac employees please apply through the internal career site.Time-type:Full time
FLSA 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 $186,000 - $280,000 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.
