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Fannie Mae Careers & Info

Current CEO: Mike Williams

Status: Active

The Federal National Mortgage Association, or Fannie Mae, is a government-sponsored national mortgage finance company. Fannie Mae was chartered by congress to strengthen and stabilize domestic mortgage markets and encourage home ownership. Fannie Mae actively recruits qualified individuals interested in working at Federal National Mortgage in an effort to maintain a diverse and professional workforce.

Fannie Mae President and Chief Executive Officer Michael J. Williams and his team of senior executives administer an array of programs and services to promote affordable housing for individuals and families. Originally established as a government agency in 1938 as part of the federal government’s response to the Great Depression, Fannie Mae was chartered in 1968 by the United States Congress to insure liquidity in the mortgage lending market. In 2008, the Federal National Mortgage Association was placed in conservatorship by the federal government due to a near collapse of the nation’s mortgage system. Federal investment has enabled Fannie Mae to maintain liquidity in the mortgage lending market while stabilizing neighborhoods and preserving home values.

Though Federal National doesn’t provide direct loans to consumers, it underwrites and purchases mortgages from lenders in all fifty states. Fannie Mae also administers programs to promote the availability of rental housing, foreclosure prevention, housing market research and analysis, and monthly and quarterly housing surveys.

Fannie Mae careers are well suited for both accomplished professionals, and graduating seniors with an outstanding academic record. With headquarters in Washington, DC, and five regional offices, the Federal National Mortgage Association culture emphasizes results driven performance, collaboration beyond departmental boundaries, and professional integrity. Fannie Mae benefits and compensation packages are comprehensive and competitive and include:

-Extensive employee training
-Peer mentoring
-eCampus training and resources
-College assistance program
-Career advancement opportunities
-Performance-based merit pay increases
-401(k) retirement savings plan, including employer matching contribution
-Comprehensive health benefits program
-Paid vacation, leave, disability, and retirement programs
-Financial advice and planning
-Employee assistance plan

Dedicated executives, directors, managers, associates, analysts, accountants, auditors, and countless other professional personnel, working and collaborating with local communities, make it possible for Fannie Mae to promote the flow of capital to banks and other lending institutions while insuring that working families have access to affordable housing.