Assistant General Counsel- Litigation & Asset Resolution
Assistant General Counsel- Litigation & Asset Resolution
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Job Description
At Freddie Mac our mission of Making Home Possible is what motivates us and its 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:
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 corporate legal office dedicated to supporting Freddie Macs 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 Macs 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 includes responsibility for litigation relating to both Freddie Mac Single-Family and 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 loss mitigation foreclosures REO code violations title and eviction matters and understanding of 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 Macs 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
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender race color religion national origin age marital status veteran status sexual orientation gender identity/expression physical and mental disability pregnancy ethnicity genetic information or any other protected categories under applicable federal state or local laws. We will ensure that individuals 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.
A safe and secure environment is critical to Freddie Macs business. This includes employee commitment to our acceptable use policy applying a vigilance-first approach to work supporting regulatory mandates and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
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 timeFLSA Status:ExemptFreddie 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 $170000 - $254000 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.Employment Type
Full-Time
