Assistant General Counsel- Litigation & Asset Resolution

Freddie MacMcLean, VA
115d$170,000 - $254,000

About The Position

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. This position will be responsible for counseling the company on legal risk and representing its interests in litigation, primarily focusing on loan default, foreclosures, eviction, and other related matters relating to Single Family and Multifamily loans and properties. This opening provides an outstanding opportunity to work in a vibrant corporate legal office dedicated to supporting Freddie Mac’s core mission of helping to make homeownership and rental housing more accessible and affordable across the nation.

Requirements

  • Juris Doctor (JD) degree.
  • Membership in good standing in a state Bar.
  • Typically 7+ years relevant litigation experience with a top tier law firm or in-house at a bank, financial or other institution with a sophisticated real estate and investment portfolio.
  • Significant experience with all aspects of litigation.
  • Expertise in loss mitigation, foreclosures, REO, code violations, title, and eviction matters and understanding of mortgage issues, including loan/default/REO-related issues.
  • Familiarity with consumer bankruptcy issues.
  • Significant experience counseling senior business clients on a wide variety of litigation and legal risk issues.
  • Ability to effectively/proactively handle a high volume of cases using an automated legal management system.
  • Strong oral and written communications and analytical skills.
  • Familiarity with Freddie Mac’s Non-Performing Loan and/or HomeSteps business areas.

Nice To Haves

  • Ability to handle litigation and balance high-volume workload.
  • Strong communication skills.
  • Understanding and ability to address business clients’ needs.
  • Commitment to producing high quality work.
  • Ability to work with and collaborate across the team.
  • Ability to self-start and act with limited direction.
  • Problem-solving mentality.
  • Demonstrated competence and/or potential to lead.
  • Collaborative approach.

Responsibilities

  • Actively manage outside counsel and drive case strategy.
  • Work closely with servicers and local law firms to develop and implement legal strategy in litigation.
  • Advise and partner with internal clients on litigation issues impacting Freddie Mac.
  • Represent Freddie Mac in federal and state courts, administrative actions, and similar proceedings.
  • Conduct legal research as needed.
  • Support internal and external reporting requirements.
  • Review and/or draft settlement agreements and other documents.
  • Respond to third-party subpoenas and government requests for information and documents.
  • Understand Freddie Mac’s business, particularly its Single-Family and Multifamily Seller/Servicer Guides and other contracts.

Benefits

  • Competitive compensation.
  • Market-leading benefit programs.
  • Annual incentive program.

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

Bachelor's degree

Number of Employees

5,001-10,000 employees

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