Need help hiring top legal talent? Contact our team.
Company logo

Associate General Counsel- Multifamily Real Estate

Freddie Mac
$228,000- $342,000/ year
Posted May 29
Full Time
HybridMc Lean, Virginia

At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

The Multifamily Real Estate Department of the Legal Division of Freddie Mac is seeking an attorney to join the team as an Associate General Counsel. This role will provide legal advice and counsel on a wide range of transactions and other matters related to the Multifamily Division’s business.

We are seeking an attorney with a background in commercial real estate finance to work in a vibrant, collaborative, and mission-based environment!

Our Impact:

Legal Multifamily Real Estate is critical to the Division’s success in carrying out its mission to provide liquidity, stability, and affordability for the nation’s rental housing market. We support this important mission through a broad range of legal work, including loan production, underwriting, and related activities; structured transactions; securitization ; asset management and operation matters; and asset resolution.

Your Impact:

Transactions :

Serve as legal counsel, independently and/or assisting or collaborating with other attorneys, for Freddie Mac’s purchase and/or servicing of multifamily loans. This may include:

  • negotiating contracts/commitments, loan documents, and other transaction documents
  • reviewing and analyzing legal issues in connection with loan purchases, servicing transactions and other multifamily asset management and operational matters
  • due diligence of real estate matters in connection with structured transactions or securitization
  • coordination and management of outside counsel
  • support multifamily client on coordination with regulatory and governmental affairs, including interaction with FHFA and congressional inquiries
  • collaboration with peers across the legal division

Non-Transactional Matters:

 

  • Initiatives and product improvements and development
  • loan documents and forms, Guide updates and credit policy
  • costing and pricing matters
  • lender approvals and other counterparty matters
  • multifamily research, marketing, and communications
  • risk management strategies for all aspects of the multifamily business
  • improvements to both legal and non-legal processes to increase efficiency and reduce costs across the multifamily business
  • mission-related programs

Communication and Collaboration: :

  • Training multifamily client and peers on matters relating to multifamily loans and securities
  • Collaborating with peers to ensure consistency of legal advice and negotiating positions.
  • Creating and maintaining effective relationships with business clients, with lenders from whom Freddie Mac buys multifamily mortgages and who service those mortgages, and with lawyers for those lenders.
  • Drafting well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes.

Qualifications:

 

  • Juris Doctor (JD) degree
  • Membership in good standing in a state Bar
  • Minimum 10 years of legal experience in commercial and/or multifamily real estate finance transactions with a law firm or corporate law department, including responsibility for negotiating and closing real estate finance transactions
  • Strong legal analytical and writing skills
  • Knowledge of the customary legal relationships, legal issues, and closing practices required for commercial and/or multifamily real estate transactions
  • Familiarity with common commercial real estate lender-borrower issues and the ability to negotiate resolution of the same
  • Experience with Agency/secondary multifamily mortgage market/commercial mortgage-backed securities (CMBS)

Keys to Success in this Role:

 

  • Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries
  • Ability to organize and prioritize multiple pending time-sensitive matters
  • Ability to build and maintain strong collaborative relationships with colleagues, clients, and customers

Current Freddie Mac employees please apply through the internal career site.

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. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

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 $228,000 - $342,000 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.