Description:
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.Position Overview:
The Single-Family Law Department in the Freddie Mac Legal Division is seeking a collaborative, team focused attorney to join its legal staff as Assistant General Counsel. The attorney 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.
Our Impact:
Attorneys in the Single-Family Law Department of Freddie Mac's Legal Division are key advisors to our business colleagues in the development and implementation of policies that support affordable and sustainable housing as part of Freddie Mac's mission of making home possible.
Your Impact:
The Legal Division is committed to providing quality and timely advice and representation responsive to client needs on a variety of matters affecting Freddie Mac. As Assistant General Counsel in the Single-Family Law Department, you will:
- Advise internal clients on mortgage eligibility, credit policies and Freddie Mac Single-Family Seller/Servicer Guide (the “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 new initiatives; amend and update the Guide; review and edit external communications and training materials relating to new products, policies and systems
- Regularly collaborate with internal peers and colleagues as well as 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
Qualifications:
- Juris Doctor (JD) degree; membership in good standing in a state Bar
- At least 5 years relevant legal experience, either in-house with a government sponsored entity, government agency, bank or mortgage company, or law firm
- Strong interpersonal skills and ability to work collaboratively
Keys to Success in this Role:
- 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
- Intellectual curiosity and enthusiasm