Associate General Counsel- Multifamily Real Estate

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s 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 :

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 and collaborative 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

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

Experience with NY commercial real estate transactions preferred, including : rent stabilization, Section 421(A) tax abatement / exemptions, lease / lease-back transactions with Industrial Development Agencies (IDAs), inclusionary housing regulatory agreements

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.

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 Mac’s 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, visit BountyJobs.com and register with our referral code : MAC.

Time-type : Full timeFLSA 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 $224,000 - $336,000 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.

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