Freddie Mac
Assistant General Counsel- Litigation and Asset Resolution (Hybrid- 3 Days in Of
Freddie Mac, Mc Lean, Virginia, us, 22107
Explore opportunities for the next step in your career.Position Overview:
This position will be responsible for counseling the company on legal risk and representing its interests in litigation, primarily focusing on loan default, foreclosures, eviction, and other related matters relating to Single Family and Multifamily loans and properties. This opening provides an outstanding opportunity to work in a vibrant and diverse corporate legal office dedicated to supporting Freddie Mac’s core mission of helping to make homeownership and rental housing more accessible and affordable across the nation. To learn more about the role and our excellent benefits, please apply!Our Impact:
The Litigation Department is committed to providing quality, proactive and timely advice and representation responsive to client needs on a variety of matters affecting Freddie Mac.This role will report to the Litigation and Asset Resolution (LAR) group within the Litigation Department, which includes the following subject areas:Single Family LAR: Manages external law firms and provides default-and REO-related legal services involving Freddie Mac-owned or guaranteed single family mortgages (foreclosure, bankruptcy, eviction title, closing and loss mitigation matters), related non-routine litigation, and REO personal injury matters.
Multifamily LAR: Handles matters related to Multifamily loan defaults, distressed asset litigation, foreclosures, workout, and REO matters.
Bankruptcy/Insolvency: Represents the Corporation in Seller/Servicer and other bankruptcies and related litigation and provides strategic advice in a wide range of creditors' rights enforcement scenarios.
Your Impact:
In your role as an attorney on the Litigation & Asset Resolution Team, you will:Actively manage outside counsel and drive case strategy.
Work closely with servicers and local law firms to develop and implement legal strategy in litigation.
Advise and partner with internal clients on litigation issues impacting Freddie Mac.
Represent Freddie Mac in federal and state courts, administrative actions, and similar proceedings.
Conduct legal research as needed.
Support internal and external reporting requirements.
Review and/or draft settlement agreements and other documents.
Respond to third-party subpoenas and government requests for information and documents.
Understand Freddie Mac’s business, particularly its Single-Family and Multifamily Seller/Servicer Guides (including knowledge of the representations, warranties, covenants and legal remedies) and other contracts, as needed.
The role may include responsibility for litigation relating to Freddie Mac Multifamily assets (subject to experience and need).
Qualifications:
Juris Doctor (JD) degree
Membership in good standing in a state Bar
Typically 7+ years relevant litigation experience with a top tier law firm or in-house at a bank, financial or other institution with a sophisticated real estate and investment portfolio
Significant experience with all aspects of litigation
Expertise in SF loss mitigation, foreclosures, REO, code violations, title, and eviction matters and understanding of SF mortgage issues, including loan/default/REO-related issues
Familiarity with consumer bankruptcy issues
Significant experience counseling senior business clients on a wide variety of litigation and legal risk issues
Ability to effectively/proactively handle a high volume of cases using an automated legal management system
Strong oral and written communications and analytical skills
Familiarity with Freddie Mac’s Non-Performing Loan and/or HomeSteps business areas
Keys to Success in this Role:
Ability to handle litigation and balance high-volume workload
Strong communication skills
Understanding and ability to address business clients’ needs
Commitment to producing high quality work
Ability to work with and collaborate across the team
Ability to self-start and act with limited direction
Problem-solving mentality
Demonstrated competence and/or potential to lead
Collaborative approach and ability to thrive in a diverse workplace
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law.Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our
Careers
site.This position has an annualized market-based salary range of $170,000 - $254,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.#J-18808-Ljbffr
This position will be responsible for counseling the company on legal risk and representing its interests in litigation, primarily focusing on loan default, foreclosures, eviction, and other related matters relating to Single Family and Multifamily loans and properties. This opening provides an outstanding opportunity to work in a vibrant and diverse corporate legal office dedicated to supporting Freddie Mac’s core mission of helping to make homeownership and rental housing more accessible and affordable across the nation. To learn more about the role and our excellent benefits, please apply!Our Impact:
The Litigation Department is committed to providing quality, proactive and timely advice and representation responsive to client needs on a variety of matters affecting Freddie Mac.This role will report to the Litigation and Asset Resolution (LAR) group within the Litigation Department, which includes the following subject areas:Single Family LAR: Manages external law firms and provides default-and REO-related legal services involving Freddie Mac-owned or guaranteed single family mortgages (foreclosure, bankruptcy, eviction title, closing and loss mitigation matters), related non-routine litigation, and REO personal injury matters.
Multifamily LAR: Handles matters related to Multifamily loan defaults, distressed asset litigation, foreclosures, workout, and REO matters.
Bankruptcy/Insolvency: Represents the Corporation in Seller/Servicer and other bankruptcies and related litigation and provides strategic advice in a wide range of creditors' rights enforcement scenarios.
Your Impact:
In your role as an attorney on the Litigation & Asset Resolution Team, you will:Actively manage outside counsel and drive case strategy.
Work closely with servicers and local law firms to develop and implement legal strategy in litigation.
Advise and partner with internal clients on litigation issues impacting Freddie Mac.
Represent Freddie Mac in federal and state courts, administrative actions, and similar proceedings.
Conduct legal research as needed.
Support internal and external reporting requirements.
Review and/or draft settlement agreements and other documents.
Respond to third-party subpoenas and government requests for information and documents.
Understand Freddie Mac’s business, particularly its Single-Family and Multifamily Seller/Servicer Guides (including knowledge of the representations, warranties, covenants and legal remedies) and other contracts, as needed.
The role may include responsibility for litigation relating to Freddie Mac Multifamily assets (subject to experience and need).
Qualifications:
Juris Doctor (JD) degree
Membership in good standing in a state Bar
Typically 7+ years relevant litigation experience with a top tier law firm or in-house at a bank, financial or other institution with a sophisticated real estate and investment portfolio
Significant experience with all aspects of litigation
Expertise in SF loss mitigation, foreclosures, REO, code violations, title, and eviction matters and understanding of SF mortgage issues, including loan/default/REO-related issues
Familiarity with consumer bankruptcy issues
Significant experience counseling senior business clients on a wide variety of litigation and legal risk issues
Ability to effectively/proactively handle a high volume of cases using an automated legal management system
Strong oral and written communications and analytical skills
Familiarity with Freddie Mac’s Non-Performing Loan and/or HomeSteps business areas
Keys to Success in this Role:
Ability to handle litigation and balance high-volume workload
Strong communication skills
Understanding and ability to address business clients’ needs
Commitment to producing high quality work
Ability to work with and collaborate across the team
Ability to self-start and act with limited direction
Problem-solving mentality
Demonstrated competence and/or potential to lead
Collaborative approach and ability to thrive in a diverse workplace
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law.Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our
Careers
site.This position has an annualized market-based salary range of $170,000 - $254,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.#J-18808-Ljbffr