Freddie Mac

Associate General Counsel - Multifamily Real Estate

Freddie Mac$231K — $347K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctor (JD) degree required
  • Membership in good standing in a state Bar
  • 10+ years of legal experience in commercial/multifamily real estate finance or litigation
  • Experience advising on enforcement rights and investigations of suspicious activity
  • Strong legal analytical and writing skills

Responsibilities

  • Advise on enforcement and asset resolution for distressed assets
  • Negotiate asset resolution agreements and prepare documentation
  • Draft and negotiate management and sale documents for REO properties
  • Collaborate with teams on investigations of fraud and suspicious activities
  • Provide regulatory reporting advice on fraud matters
  • Communicate effectively with business clients and external parties

Benefits

  • Comprehensive total rewards package
  • Market-leading benefit programs
  • Participation in an annual incentive program
Full Job Description
Position Overview

The Multifamily Real Estate Department of the Legal Division of Freddie Mac (Legal MFRE) is seeking an attorney to join its legal staff as Associate General Counsel in its Risk Management group. In this role, you will provide legal advice and counsel on a wide range of matters related to the Multifamily Division's business. We are seeking an attorney with a background in commercial real estate finance and/or litigation related to commercial real estate finance matters to work in a vibrant and collaborative environment.

Your Impact

Asset Resolution & Fraud Matters

Serve as legal counsel to assess and advise Freddie Mac's multifamily business on a range of asset resolution and fraud-related matters. This may include:
  • Advising on enforcement and/or asset resolution actions in connection with distressed assets (e.g., reviewing the operative loan documents and/or the Multifamily Seller/Servicer Guide, and advising on our rights and remedies)
  • Negotiating asset resolution arrangements (e.g., workouts) and preparing related documentation
  • Drafting and negotiating documents related to the management and sale of REO properties
  • Advising the business teams on investigations of suspicious activity and fraud matters
  • Advising (working with compliance and other legal teams) on regulatory reporting regarding suspicious activity and fraud matters
  • Advising (working with the regulatory, government affairs and communications teams) on responses to congressional, regulatory and other inquiries regarding suspicious activity, fraud and distressed asset matters


Communication and Collaboration
  • Drafting and delivering well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes
  • Collaborating with peers to ensure consistency of legal advice and negotiating positions
  • Creating and maintaining effective relationships with business clients, lenders, servicers, and counsel for lenders / servicers


Qualifications
  • Juris Doctor (JD) degree
  • Membership in good standing in a state Bar
  • At least 10 years of legal experience in commercial and/or multifamily real estate finance transactions or litigation related to multifamily real estate finance transactions, including advising lenders regarding:
    • enforcement of their rights and remedies related to such transactions, and
    • investigation of suspicious activity and fraud matters related to such transactions
  • Strong legal analytical and writing skills


Keys to Success in this Role
  • Superior oral and written communications skills
  • Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries
  • Ability to build and maintain strong collaborative relationships with colleagues, clients and customers
  • Ability to organize and prioritize multiple time-sensitive matters


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 $231,000 - $347,000 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.

About Freddie Mac

Freddie Mac is vital to a strong U.S. housing system, providing liquidity to the mortgage market under all economic conditions while ensuring the safety and soundness. As a trusted leader in housing finance, we guide the industry in meeting the needs of lenders and lowering the cost of housing for America's families.
Learn more about Freddie Mac
Size
7,284 employees
Industry
Founded
1970
NASDAQ

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