Assistant General Counsel, Multifamily Real Estate, Legal Division

  • Freddie Mac
  • 09/15/2021
Full time

Job Description

Job DescriptionAt 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. As part of Freddie Mac's return to the office pilot, all employees, contingent workers and visitors must be fully vaccinated against COVID-19 in order to be on-site unless they have an approved accommodation.Position Overview:The Multifamily Real Estate Department of the Legal Division of Freddie Mac (Legal MFRE) is seeking an attorney to join its legal staff as Assistant General Counsel in the Targeted Affordable Housing (TAH) practice group. The attorney will provide legal advice and counsel on a wide range of transactions and other matters related to the Multifamily Division's TAH business. We are seeking an attorney with a commercial real estate, affordable housing / public finance, or Agency lending background to work in a vibrant, collaborative, and mission-based environment.Apply now and learn more about our benefits and why there's #MoreAtFreddieMac!Our Impact:Legal MFRE is essential to the Multifamily 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 due diligence; and asset management matters.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 and loan documents; reviewing and analyzing legal issues in connection with loan purchases, servicing transactions and other multifamily asset management and operational matters; and/or due diligence of real estate matters in connection with structured transactions or securitization.Initiatives/Policy/Lender Matters: Legal support for non-transactional matters, including: initiatives, product improvements and development; loan documents and forms, Guide updates and credit policy; costing and pricing matters; lender approvals and other counterparty matters; and multifamily research, marketing, and communications.Communication and Collaboration:Collaborating with peers to ensure consistency of legal advice and negotiating positions.Crafting 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) degreeMembership in good standing in a state BarAt least 7 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 transactionsStrong legal analytical and writing skillsKnowledge of the customary legal relationships, legal issues, and closing practices required for commercial and/or multifamily real estate transactionsFamiliarity with common commercial real estate lender-borrower issues and the ability to negotiate resolution of the samePreferred:Experience with affordable housing finance, including tax-exempt financeExperience with the Agency/secondary multifamily mortgage marketKeys to Success in this Role:Outstanding oral and written communications skillsAbility to work comfortably and routinely as part of a team and to collaborate across organizational boundariesAbility to coordinate and prioritize multiple pending time-sensitive mattersAbility to build and maintain strong collaborative relationships with colleagues, clients, and customersCurrent 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 and register with our referral code: MAC.Time-type:Full timeJob Category:LegalFLSA Status:Exempt