Associate General Counsel - Multifamily Real Estate

Freddie Mac•McLean, VA

5d•$231,000 - $347,000•Hybrid

About The Position

The Multifamily Real Estate Department of the Legal Division of Freddie Mac 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. Legal MFRE is critical to the Multifamily Division’s success in carrying out its important work supporting the nation’s rental housing market. We accomplish this through a broad range of legal work, including loan production and underwriting, structured transactions, loan securitization, and asset management and operations matters.

Requirements

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

Nice To Haves

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

Responsibilities

Serve as legal counsel to assess and advise Freddie Mac’s multifamily business on a range of asset resolution and fraud-related matters.
Advise 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).
Negotiate asset resolution arrangements (e.g., workouts) and prepare related documentation.
Draft and negotiate documents related to the management and sale of REO properties.
Advise the business teams on investigations of suspicious activity and fraud matters.
Advise (working with compliance and other legal teams) on regulatory reporting regarding suspicious activity and fraud matters.
Advise (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.
Draft and deliver well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes.
Collaborate with peers to ensure consistency of legal advice and negotiating positions.
Create and maintain effective relationships with business clients, lenders, servicers, and counsel for lenders / servicers.