Default Expense Mgmt. Sr.

Freddie Mac
McLean, Virginia
Oct 10, 2020
Nov 08, 2020
Full Time
At 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.

Position Overview:

Are you a G.O.A.T (Greatest of All Time)? A Leader With Vision, challenging the way business is done in order to realize operational efficiencies? Is your comfort zone a dynamic fast paced environment where collaboration and change are the constant? We're looking for someone who is whip-smart, a fast learner, very efficient with numbers, attentive to details yet can hustle. If this is you, please apply now and learn why there's #MoreAtFreddieMac!

Our Impact:

Our division manages the reimbursement process around foreclosure, post-foreclosure, and other default related expenses our counter parties incur or advance in the servicing of a Freddie Mac loan. These include expenses on Voluntary Partial Cancellation (VPC loans), Interim Serviced Loans, Non-Performing Loan Sales, and for expenses incurred on REO properties.

Your Impact:
  • Help to build upon Freddie Mac's Best in Class status by performing audits and reconciliation of expenses against submitted requests.
  • Maintain the purchase ledger function and facilitate the payment of all broker and servicer expense claims.
  • Represents the organization as a principal customer contact and often performs project leadership role.
  • Works with limited direct supervision

  • 5+ years of Freddie Mac Expense Reimbursement experience or related work experience in the real estate or mortgage industry
  • Bachelor's Degree or equivalent experience
  • Knowledge of mortgage servicing
  • Proficiency with Microsoft Excel and Word

Keys to Success in this Role:
  • Ability to work independently with little direct supervision and as part of a team
  • Experience with models and mortgage/securities industry
  • Ability to work effectively with continuous change and short deadlines
  • Ability to identify and escalate risks as needed
  • Proven discernment, problem solving and relationship management skills

Current 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 time

Job Category:Default Asset Management

FLSA Status:Non-Exempt

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