Associate General Counsel- Single Family Real Estate

Freddie Mac • McLean, VA

85d • $224,000 - $336,000

About The Position

The Single-Family Real Estate Department in the Freddie Mac Legal Division is seeking a collaborative, team focused attorney to join its legal staff as Associate General Counsel. In this role, you 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. Attorneys in the Single-Family Real Estate Department of Freddie Mac’s Legal Division are key advisors to our business colleagues in the development and implementation of internal policies that support affordable and sustainable housing.

Requirements

• Juris Doctor (JD) degree; membership in good standing in a state Bar.
• 10+ years’ experience, preferable in real estate law and mortgage law.
• Strong interpersonal skills and ability to work collaboratively.

Nice To Haves

• Intellectual curiosity and enthusiasm.
• 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.

Responsibilities

• Advise internal clients on mortgage eligibility, credit policies and the Freddie Mac Single-Family Seller/Servicer 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 initiatives and credit policies relating to underwriting mortgage loans; amend and update the Guide; review and edit external communications and training materials relating to new products, policies and systems.
• Collaborate with 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.

Benefits

• Competitive compensation and market-leading benefit programs.
• Annual incentive program.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees