Associate General Counsel- Multifamily Real Estate- Targeted Affordable Housing

Freddie Mac•McLean, VA

About The Position

Join Freddie Mac’s Multifamily Real Estate Department - Targeted Affordable Housing (TAH) Group as an Associate General Counsel! In this dynamic role, you’ll deliver expert legal guidance on a wide range of transactions and projects that drive our business forward. We’re looking for a talented attorney with commercial real estate finance experience who thrives in a fast-paced, collaborative team! TAH Legal Multifamily Real Estate is critical to the Division’s success in carrying out its mission to provide liquidity, stability, and affordability for the nation’s rental housing market. We support this important mission through a broad range of legal work, including loan production, underwriting, and related activities; structured transactions; securitization; asset management and operation matters; and asset resolution.

Requirements

Juris Doctor (JD) degree
Membership in good standing in a state Bar
Minimum 10 years of legal experience in commercial and/or multifamily real estate finance transactions with a law firm or corporate law department, including responsibility for negotiating and closing real estate finance transactions
Strong legal analytical and writing skills
Knowledge of the customary legal relationships, legal issues, and closing practices required for commercial and/or multifamily real estate transactions
Familiarity with common commercial real estate lender-borrower issues and the ability to negotiate resolution of the same
Knowledge of multifamily affordable housing finance and the ability to negotiate resolution of related issues
Experience with Agency/secondary multifamily mortgage market/commercial mortgage-backed securities (CMBS)
Demonstrated general knowledge of AI tools and technologies, with a strong commitment to continuous learning and staying up-to-date with advancements in artificial intelligence

Nice To Haves

Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries
Ability to organize and prioritize multiple pending time-sensitive matters
Ability to build and maintain strong collaborative relationships with colleagues, clients, and customers

Responsibilities

Serve as legal counsel, independently and/or assisting or collaborating with other attorneys, for Freddie Mac’s purchase and/or servicing of multifamily loans.
Negotiating contracts/commitments, loan documents, and other transaction documents.
Reviewing and analyzing legal issues in connection with loan purchases, servicing transactions and other multifamily asset management and operational matters.
Due diligence of real estate matters in connection with structured transactions or securitization.
Coordination and management of outside counsel.
Support multifamily client on coordination with regulatory and governmental affairs, including interaction with FHFA and congressional inquiries.
Collaboration with peers across the legal division.
Training multifamily client and peers on matters relating to multifamily loans and securities.
Collaborating with peers to ensure consistency of legal advice and negotiating positions.
Creating and maintaining effective relationships with business clients, with lenders from whom Freddie Mac buys multifamily mortgages and who service those mortgages, and with lawyers for those lenders.
Drafting well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes.
Addressing initiatives and product improvements and development.
Handling loan documents and forms, Guide updates and credit policy.
Managing costing and pricing matters.
Overseeing lender approvals and other counterparty matters.
Conducting multifamily research, marketing, and communications.
Developing risk management strategies for all aspects of the multifamily business.
Implementing improvements to both legal and non-legal processes to increase efficiency and reduce costs across the multifamily business.