Fannie Mae: Attorney III Corporate – Securitizations and Trust (Washington, DC)

Attorney III Corporate – Securitizations and Trust 


Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration’s Homeowner Affordability and Stability Plan.

Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation’s housing recovery.

For more information about Fannie Mae and our career opportunities, visit


Fannie Mae has a great opportunity for an attorney with mortgage securitization transaction experience who will serve as an Attorney III in the Corporation’s Washington, DC offices, reporting to a Deputy General Counsel.

The attorney will operate with considerable latitude in consulting, advising, and representing the company on a variety of highly complex legal matters and projects related to corporate law. Will provide legal counsel to management on broad issues affecting the company. Will confer with executives regarding corporate initiatives, product development, or regulatory concerns to assess legal risks to the company and plan actions to control or minimize those risks.  May act as a subject area/technical expert, or key advisor on significant business or product decisions with or without management responsibilities.  May manage a specific unit or specialist function.  May directly manage in-house counsel, paralegals and legal support staff.


  • Provide advice and counsel regarding Fannie Mae’s MBS trust documents and Fannie Mae’s role as the trustee for its MBS trusts, including with respect to the proper execution of certain legal and administrative functions.
  • Provide advice and counsel regarding a variety of legal issues pertaining to Fannie Mae’s securitization program for single-family and multifamily loans and the re-securitization of mortgage-related securities.  Issues may relate to securities disclosure laws, relevant consumer laws and regulations, and other laws pertaining to residential real estate and mortgage finance.
  • Provide legal advice and service by combining skill in corporate law with sound business acumen and knowledge of business goals and objectives of the company or assigned business units.
  • Engage with assigned business units to meet goals. Pursue details and achieve closure on various matters. Provide excellent client service.
  • Use business and legal judgment to balance an appropriate level of risk against the business needs in a particular situation. Operate within the framework of allowable corporate behavior and governance, and legal and regulatory compliance.
  • Supervise and actively direct outside counsel.
  • Work closely with business clients and outside counsel to ensure adherence to important corporate and regulatory policies.
  • Analyze legislation and regulations that impact the company and assist the company in responding to inquiries from Congress and government agencies.



  • Juris Doctor Degree required.


  • 6-8 years of relevant experience required.
  • Admission to practice in DC or gain admission within short timeframe


  • 6 or more years of legal experience with the purchase and securitization of mortgage loans, the structuring and negotiation of complex securitization transactions, and the development of real estate finance products.
  • Experience in real estate finance and/or single-family, multifamily, or commercial mortgage securitization transactions or representation of mortgage lenders.
  • Will have some experience with loan servicing issues and will be familiar with the duties of a trustee for a securitization transaction.  Prior representation of trustees is ideal.
  • Experience in evaluating and addressing queries that arise in the day to day operation of securitization pools, including matters related to disclosure and loss mitigation measures.
  • Will have knowledge of laws and regulations affecting the safekeeping of assets and the related duties of fiduciaries.
  • Excellent negotiating, writing, and document drafting skills.  Experience drafting contracts, notes, security instruments, policy announcements and similar documents.
  • Combination of prior in-house and firm experience would be a plus.
  • Potential exists for a significant degree of independent initiative, including the ability to review a situation and identify opportunities or issues and pursue their expeditious resolution while maintaining the integrity and reputation of the company.  Ability to think creatively, from a legal perspective, on matters such as business strategy and projects to be compliant with legal and regulatory requirements.
  • Ability and willingness to make or render advice on strategic decisions, including assuming an appropriate level of risk by balancing risks against the business need in a particular situation.
  • Ability to foster effective business relationships and interact constructively with legal colleagues and clients in both one-on-one and multi-disciplinary team situations.
  • Ability to grasp essentials of complex mortgage or finance business issues that have legal overtones and act as a bridge between the business and legal requirements.


As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business

For  immediate consideration, please visit our website at and select Job #32465.