Description:

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description:
As a valued contributor to our Single Family Legal Credit Loss Management team (“CLM”), you will work with team members and management to provide legal counsel and services to the business to minimize credit loss and legal risk, and to support the business in achieving its objectives. You will provide legal advice and support to Single Family business units on legal risk for default-related matters and REO (real estate owned), including managing litigation and alternative dispute resolution matters and oversee outside counsel as needed. You will also support the CLM team in efforts to enhance operational effectiveness and minimize operational risk.

The impact you will make:
The Mortgage Default Litigation and REO Attorney role will offer you the flexibility to make each day your own while working alongside people who care so that you can deliver on the following responsibilities:

Manage litigation matters involving Single Family mortgage loans to favorable outcomes for Fannie Mae, including foreclosure actions, bankruptcy proceedings, borrower suits, quiet title actions, evictions, and related REO litigation.
Oversee and manage outside counsel in an efficient and cost-effective manner and ensure effective legal representation.
Prepare legal documents as needed related to litigation and transactional matters.
Negotiate litigation-related agreements and services contracts where needed in conjunction with business stakeholders.
Prepare and present legal guidance, memos and training.
Provide counsel and advice to Single Family business units as needed to support business objectives and strategies.

The experience you bring to the team:
Minimum Required Experiences

8 years related legal experience in corporate or law firm in the financial services industry.
Juris Doctorate degree.
Prior experience managing litigation.
Strong drafting, analytical and oral advocacy skills.
Comfort managing heavy caseloads and working with cross-functional teams.
Practical, highly responsive and organized approach to providing legal services and advice.
Demonstrated ability to manage competing priorities, produce timely legal advice, and work with non-legal business partners.
Proactive, strategic problem solver.
Familiarity with legal issues relating to REO or real property ownership generally.

Preferred Experiences

Law firm experience working with mortgage servicers or in-house legal experience at a financial services firm, GSE, or mortgage investor.
Familiarity with Fannie Mae Selling and Servicing Guides.
Demonstrated experience analyzing processes and implementing technology-driven improvements to increase efficiency, accuracy, and scalability. Proven ability to identify operational gaps, recommend solutions, and deploy tools or systems that streamline workflows, enhance compliance, and support organizational objectives.

SF Legal – Associate General Counsel - Principal

Target Pay Range: $196,000 - $264,000 a year

Qualifications:
Education:

Juris Doctorate (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:
196000
to
264000