Full-Time
Principal AI Solutions
Fannie Mae
10,001+ employees
Purchases mortgages, issues mortgage-backed securities
Compensation Overview
$200k - $269k/yr
Washington, DC, USA + 2 more
More locations: Plano, TX, USA | Reston, VA, USA
Hybrid
Flex work arrangement; regular on-site attendance is expected at the designated office.
Bachelor's
 Engineering Management (1) |
|---|
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- A bachelor's-level degree is required.
- At least 8 years of experience across artificial intelligence/machine learning, data platforms, or advanced analytics, with increasing leadership responsibility.
- Proven experience leading customer-facing or forward-deployed solution teams, such as forward-deployed engineering, solutions engineering, or applied artificial intelligence teams.
- Demonstrated success delivering complex, high-stakes enterprise solutions in regulated or risk-sensitive environments.
- People leadership experience, including coaching and performance management.
- Ability to translate ambiguous business problems into deployable solutions.
- Executive-level communication and stakeholder management skills.
- Deep understanding of artificial intelligence productivity tools, large language models, and automation patterns.
- Ability to balance speed, governance, and scalability in solution delivery.
- Partner directly with chief operating officer leadership and senior executives to identify, co-design, and deliver high-priority artificial intelligence use cases.
- Lead hands-on solution delivery, including rapid prototyping, pilots, and scaled deployments.
- Act as an artificial intelligence delivery partner to the business while balancing speed with enterprise rigor.
- Support enterprise rollout, adoption, and value realization of artificial intelligence productivity tools, coding agents, and artificial intelligence-assisted development tools.
- Drive measurable productivity improvements across engineering, operations, and business teams.
- Lead the artificial intelligence solutions layer by translating platform capabilities into repeatable enterprise patterns.
- Establish standards, best practices, and reference implementations that scale across the enterprise.
- Serve as a feedback channel between real-world use cases and the artificial intelligence platform team.
- Translate solution learnings into platform and tooling requirements.
- Experience working with or alongside chief operating officer or operations leadership.
- Familiarity with artificial intelligence platforms, developer tooling, and enterprise artificial intelligence governance.
- Background in financial services, housing finance, or large regulated firms.
- Experience influencing platform roadmaps through solution delivery insights.
Fannie Mae buys mortgages from lenders, holds some, and packages others into mortgage-backed securities (MBS) sold to investors to provide liquidity for new lending. It operates in the secondary mortgage market, where originated loans are sold to Fannie Mae, then either held or securitized into MBS and sold; it earns fees for guaranteeing timely payments and interest on held mortgages. It differentiates itself as a government-sponsored enterprise (GSE) with a long-standing role in promoting affordable housing and community initiatives. Its goal is to maintain stable, affordable access to housing by ensuring lenders have funds to offer mortgages and by securitizing debt to support the U.S. housing finance system.
Company Size
10,001+
Company Stage
IPO
Headquarters
Washington DC, District of Columbia
Founded
1938
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Simplify's Take
What believers are saying
- Q2 2026 net income hit $4.0 billion, lifting net worth to $116.5 billion.
- July 1, 2026 FICO 10T data release accelerates lender migration.
- April 22, 2026 VantageScore 4.0 rollout expands borrower eligibility and competition.
What critics are saying
- Q2 2026 multifamily credit losses reached $259 million on weaker valuations.
- July 24, 2026 D.C. Circuit affirmed the $812 million net-worth-sweep judgment.
- FHFA privatization politics, Treasury warrants, and capital deficits prolong conservatorship control.
What makes Fannie Mae unique
- Fannie Mae guarantees roughly 70% of U.S. mortgages through agency infrastructure.
- April 22, 2026 credit-score modernization and July 1 datasets broaden lender adoption.
- June 24, 2026 servicing and AI rules force operational discipline across servicers.
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Benefits
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Company News
Movers and shakers for august. DERRICK D'MAR MARTIN Derrick "D'MAR" Martin is an award-winning drummer, recording artist, producer, songwriter, entrepreneur, and motivational speaker with more than 30 years of professional experience. In 2026, he was honored as the Blues Music Awards' Drummer of the Year, recognizing his exceptional musicianship and dynamic performances. D'MAR spent 17 years touring the world with rock-and-roll pioneer Little Richard, earning a reputation as one of the industry's most accomplished drummers. He has also recorded and performed with acclaimed artists including Carla Thomas, Wendy Moten, Syl Johnson, Maria Muldaur, Denise LaSalle, and Dorothy Moore. As a recording artist, D'MAR recently released his 11th album, Levels, showcasing his signature blend of soul, funk, jazz, and R&B. He currently serves as drummer for the award-winning Rick Estrin & The Nightcats and continues to inspire audiences worldwide through performance, recording, education, and entrepreneurship. Joel Acie is a dedicated DEI leader with 20+ years of experience. He is Principal of Bailey King Consulting LLC, providing Governance, Risk & Compliance advisory, enterprise/program management and Chief of Staff-style services, and supplier diversity and procurement consulting to organizations navigating complex regulatory and business environments. Most recently, Joel served as DEI Strategic Planning and Oversight Principal at Fannie Mae, partnering with enterprise leaders to refine DEI strategies, conduct SWOT analyses, maintain risk-appropriate governance, and advise on policies to strengthen decision-making and regulatory alignment. He also served as Deputy Chief Diversity and Inclusion Officer at the Federal Home Loan Bank of Pittsburgh (2018-2025), overseeing inclusion programs and managing the annual FHFA exam, internal audits, and risk assessments related to D&I. From 2013 to 2018, he was Manager of Supplier Diversity at UPMC, building its supplier diversity program and overseeing government contracting for its Insurance Services Division. Joel began his career at Highmark Inc., advancing through roles in diversity program analysis, organizational effectiveness, and procurement diversity consulting. Acie also advised Pennsylvania Governor Tom Wolf's Advisory Council for Diversity, Inclusion, and Small Business Opportunities, co-authoring a report that spurred statewide supplier diversity reforms. MICHAEL PARKS Michael Parks is an Enhanced Building Substitute and a dedicated educator with 27 years of experience serving students and families in the Cleveland Metropolitan School District. Having served as an administrator for eight years and as a classroom instructor for nineteen years, Michael understands the challenges, responsibilities, and rewards of working in education. Guided by the belief that every child deserves an exceptional education, he has dedicated his career to creating learning environments where students are challenged, supported, and inspired to lead. Parks has focused on developing and implementing innovative approaches that promote high expectations, academic achievement, character development, and leadership among young men and women. He also recognizes that educators need the tools, professional support, and opportunities necessary to do their jobs effectively and positively impact student success. Serving as CTU Member-at-Large (K-8) and Chair of the Community Relations Committee, Michael works to strengthen partnerships among educators, families, community organizations, and civic leaders. He believes that meaningful collaboration is essential to advocating for public education, supporting educators, and ensuring that every student and family has the resources they need to succeed. Parks also coordinates the Side-by-Side Program, fostering a meaningful partnership with the Cleveland Public Library that connects students, families, schools, and the community to strengthen student outcomes. 2026-08-05
Fannie Mae Q2 net income hits $4B. The GSE's net worth reached $116.5B as revenue rose 4% from Q1 2026 Article Summary. Fannie Mae said Q2 2026 net income rose to $4B as higher net interest income and deferred guaranty fee income lifted revenue 4% to $7.6B. Credit loss provision increased to $485M, with multifamily pressure tied to weaker valuations and delinquencies. AI Summary Fannie Mae reported $4 billion in net income during the second quarter of 2026, a 7% increase from the prior quarter and a 20% increase from a year earlier, as higher revenue offset an increase in its provision for credit losses. The government-sponsored enterprise said in its Wednesday morning earnings call that net income rose from $3.7 billion in the first quarter and $3.3 billion in the second quarter of 2025. Net worth increased to $116.5 billion as of June 30, up from $112.7 billion at the end of the first quarter. Bill Pulte, director of the Federal Housing Finance Agency (FHFA) and chairman of Fannie Mae's board, said that the GSE's continued net worth and earnings report "shows the company's continued stability and growth, all while reaching $3 billion in estimated homeowner savings since 2018 through innovative appraisal alternatives." $33.25 /mo bill annually * Unlimited access to HousingWire.com * Exclusive research and housing market data * Subscriber-only newsletters and early access Read one free article now
Fannie Mae reports net income of $4.0 billion for Second Quarter 2026. PR Newswire Today at 4:32am PDT Company Will Host Webcast at 8 A.M. Eastern to Discuss Results WASHINGTON, July 29, 2026 /PRNewswire/ - Fannie Mae (OTCQB: FNMA) today reported its second quarter 2026 financial results and filed its Second Quarter 2026 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended June 30, 2026. The following documents are now available on Fannie Mae's financial results webpage at fanniemae.com/financialresults. Fannie Mae has scheduled a webcast to discuss the company's results today at 8:00 a.m., ET. Participants may join the webcast via the link below. Following the webcast, a transcript will be published to Fannie Mae's financial results webpage and will remain available for at least one year. Click on the link above to attend the presentation from your laptop, tablet, or mobile device. The webcast will stream through your selected device. If you have difficulty accessing the webcast, please click the "Listen by Phone" button on the webcast player and dial the number provided. SOURCE Fannie Mae This is a paid placement. For further inquiries, please contact PR Newswire directly.
Fannie Mae's securitised agency delinquency rates fell to 0.47% in May, signalling improved credit performance across the government-backed mortgage market. The decline supports the investment narrative around earnings resilience for the company, which manages a $4.1 trillion guaranty book. The improved delinquency metrics come alongside Fannie Mae's ongoing Credit Risk Transfer activity, including February 2026 fixed-price tender offers. These transactions affect how much risk remains on Fannie Mae's balance sheet versus being shared with investors. However, investors face ongoing concerns about concentrated multifamily credit stress and higher capital requirements. Analysts project the company could reach $33 billion in revenue by 2029, though earnings trends remain uncertain. The delinquency improvement may prompt investors to reassess competing narratives about Fannie Mae's growth prospects.
FNMA servicing changes YTD. Below represents a summary of the year to date updates published in the various announcements and Lender Letters by FNMA related to Servicing. 1. System & process modernization. * Advance Notice of Servicing Process and System Changes (Lender Letter LL-2026-05 - June 24, 2026): Fannie Mae provided early notice of a multi-year initiative aimed at simplifying servicer reporting, enhancing risk management, and building operational efficiencies. These updates will be rolled out via a phased approach, and the testing window is currently open (until November 13, 2026). All escrow day-of-event based reporting is required to be live by December 1, 2026. * Custodial Bank Account Digital Transition (SVC-2026-04 - May 13, 2026): Fannie Mae launched a new Custodial Bank Account Management application, converting Letters of Authorization for P&I (Form 1013) and T&I (Form 1014) to a digital format. It also introduced a new Data Access Authorization Agreement (Form 101) to grant sub-servicers access to master servicer data. (Mandatory by August 1, 2026). * Custodial Account Reconciliation Form Updates (SVC-2026-01 - Feb. 18, 2026): Forms 496 (P&I analysis) and 496A (T&I analysis) were redesigned and transitioned to Excel formats to streamline month-end reconciliation. 2. Property & project insurance requirements. * Single-Family Project Standards and Property Insurance Updates (Lender Letter LL-2026-03 - March 18, 2026): Rolled out sweeping structural changes on insurance requirements for residential properties and Condo/HOA developments. * Standard 1-to-4 Unit Properties (Mandatory: January 1, 2027): Servicers are now formally required to send borrowers an annual reminder urging them to review policy limits (note: this can be embedded in escrow statements or web portal notifications). Additionally, servicers must immediately trigger lender-placed insurance upon notification of a policy lapse, cancellation, or non-renewal. * Condo & HOA Master Policies (Mandatory: January 1, 2027): Master property insurance must cover at least 100% of the project's replacement cost value (RCV), verified annually. The master policy must include wind coverage alongside fire, lightning, and water damage. Long-standing requirements for roofs to be insured on a replacement cost basis and mandates for inflation-guard coverage have been officially retired to help lower premium costs, while the rest of the structure remains required to be covered on the RCV basis. * Condo Deductibles & Individual (HO-6) Policies: Sets a $50,000 maximum for master policy per-occurrence, per-unit deductibles (Mandatory for loans with application dates on or after July 1, 2026). If a per-unit deductible exists, or if a portion of the unit interior is uncovered by the master policy, the unit owner must obtain an individual HO-6 policy with a limit matching or exceeding the master deductible (Effective immediately as of March 18, 2026). 3. Compliance. * Artificial Intelligence (AI)/Machine Learning Governance (Lender Letter LL-2026-04 - April 8, 2026): Established a formal framework regarding how Seller/Servicers can utilize AI and ML within their daily servicing and loan origination operations. Specifically, the letter defines core requirements for data integrity, algorithmic bias monitoring, and human-in-the-loop oversight to ensure any automated decisions comply with fair lending laws and operational safety standards. 4. Investor reporting & financial remittances. * Reporting Error Policy for Paid-Off Loans (SVC-2026-03 - April 8, 2026): To streamline month-end accounting, Fannie Mae removed the ability to request reactivation of a paid-off loan if a reporting error is found after the reporting period closes. Servicers must now advance or remit funds to liquidate the loan instead of reactivating it. * Guaranty Fee Remittance Changes (SVC-2026-02 - March 11, 2026): Servicers are no longer required to advance guaranty fees for mortgage loans actively going through the Stop Delinquency Advance process. 5. Loss mitigation, Delinquency, & disaster policy. * Retention Workout and Disaster Policies (LL-2026-01 & SVC-2026-03 - Feb 11, 2026): This update reorganized and clarified term-structuring and extensions for Forbearance Plans (specifically for borrowers dealing with disaster-related hardships) which went into effect May 1, 2026. It also refined evaluation frameworks for Fannie Mae Flex Modifications and updated terms regarding referrals to foreclosure proceedings for properties directly impacted by disasters. * Government Mortgage Loan Modifications (SVC-2026-01 - Feb. 18, 2026): Clarified the process for removing an MBS mortgage loan from a pool when a government modification program requires transferring the loan to an insurer or guarantor to collect benefits. 6. Technology & administration. * Remote Online Notarization (RON) Recordkeeping (SVC-2026-04 - May 13, 2026): Eliminated the long-standing requirement for servicers/lenders to maintain the actual video recording of a RON ceremony. However, servicers are still required to keep the official RON audit trail within the electronic loan file. * Administrative Routing Details (SVC-2026-04 - May 13, 2026): Updated operational contact details for inquiries related to Deferred Payment Obligations (DPO), claim denials, or cancellations, and revised the physical lockbox address used when filing FHA Mortgage Insurance claims. * Government Shutdown Contingencies (Lender Letter LL-2026-02 - March 3, 2026): Provided temporary, flexible servicing guidance to account for disruptions caused by the brief federal government shutdown earlier in the year.