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:

We are looking for an experienced creditor side bankruptcy/insolvency attorney with both transactional and litigation experience, who is comfortable working independently, multi-tasking and thinking on their feet on all aspects of bankruptcy/insolvency law.  The incumbent will primarily be responsible for counseling the company (including its Single Family, Multifamily and Investment & Capital Markets divisions) and representing its interests in sophisticated bankruptcy and insolvency matters, complex commercial litigation, collection activity, receiverships, and other financial concerns.

This position will provide an outstanding opportunity to work in a vibrant and collegial 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 Legal Division is committed to providing quality, proactive and timely advice and representation responsive to client needs on a variety of matters affecting Freddie Mac.

Your Impact:

In your role as an attorney on the Litigation & Asset Resolution Team, you will:

• Advise internal clients on legal risks relating to the company’s business, particularly those relating to bankruptcy, insolvencies, complex commercial litigation, receiverships, and other financial concerns;

• Actively manage outside counsel and drive case strategy (and, where applicable, represent and appear on behalf of Freddie Mac in bankruptcy/insolvency, receivership, and similar proceedings);

• Participate in the drafting of complex agreements and other documents that protect the company’s interests in potential bankruptcies, insolvencies and receiverships;

• Conduct legal research as needed;

• Understand Freddie Mac’s business, particularly its Single-Family Seller/Servicer Guide (including knowledge of the representations, warranties, covenants and legal remedies), Multifamily Seller/Servicer Guide and various other agreements, as may be required or assigned;

• Work closely with other departments within the Legal Division to advise clients on bankruptcy- and insolvency-specific issues;

• Set policy as to the Company’s response to bankruptcies, insolvencies and FDIC or other receiverships.

Qualifications:

• Juris Doctor (JD) degree

• Membership in good standing in a state Bar

• Typically 10+ years relevant 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

• The incumbent should have experience working on true sale and substantive non-consolidation opinions (or have litigated such issues previously) and experience litigating, or otherwise applying, the safe harbor provisions of the Bankruptcy Code as applied to complex transactions and/or structured financings of a high dollar value.  

• The incumbent should have experience representing large financial institutions in bankruptcy proceedings and complex adversary proceedings for claims with a high dollar-value (including a deep familiarity with section 363 sales and section 365 assumption/assignment issues, as well as with secured lending/UCC issues). 

• Must be comfortable regularly advising senior-level management. 

• Experience with non-bank servicer chapter 11 bankruptcies, chapters 7, 12 and 13 bankruptcies, FDIC receiverships and insurance insolvencies are a plus. 

• Experience with the secondary mortgage market, commercial real estate transactions, and Freddie Mac’s Single Family and Multifamily businesses are also a plus. 

Keys to Success in this Role:

• Excellent analytical, strategic, legal research, oral and written communications and advocacy skills;

• Self-motivation, ability to handle pressure with grace, dedication to learning and creative problem-solving skills;

• Ability to develop and maintain positive relationships with clients and colleagues and effectively deliver legal advice to non-lawyers;

• Ability to effectively manage numerous issues across multiple areas and set priorities independently;

• Intellectual curiosity;

• A dedication to fostering a