Full-Time
Senior Full Stack Engineer
AWS
Posted on 8/26/2025
Fannie Mae
10,001+ employees
Purchases mortgages, issues mortgage-backed securities
Compensation Overview
$121k - $158k/yr
Plano, TX, USA + 1 more
More locations: Reston, VA, USA
In Person
 Software Engineering (1) |
|---|
- 2 years of experience.
- Proficiency in programming languages such as Python, Java, JavaScript, and Node.js.
- Hands-on experience with AWS services, including Apache Airflow, AWS Step Function and AWS EventBridge or similar technology.
- Strong front-end development skills using frameworks like React.js, Angular, or Vue.js.
- Familiarity with UX design principles, wireframing and usability testing.
- Experience with API development and integration.
- Familiarity with CI/CD pipelines and tools (e.g., Jenkins, AWS Code Pipeline, Gitlab).
- Deep understanding of AWS architecture and best practices, including IAM, security policies, and serverless computing (AWS Lambda).
- Support testing, development and production operations for the scheduling and orchestration platform.
- Collaborate with stakeholders to understand requirements and create a target state architecture for job scheduling and orchestration.
- Create error-handling mechanisms, monitoring solutions, and operational dashboards.
- Develop reference implementations for Apache Airflow, AWS Step Function, AWS Event Bridge and Lambda.
- Document use cases, system design, reference implementations/patterns and migration plans.
- Conduct proof concepts and help customers with implementation.
- Plan and execute the migration of Autosys jobs to AWS Native solutions.
- Build and enhance user interfaces for the Workflow Automation products, ensuring a streamlined intuitive user experience.
- Optimize workflows and UX designs for performance, usability and scalability.
- Bachelor degree or equivalent.
- Knowledge of Autosys and experience in migrating workflows to modern platforms.
- Experience collaborating with designers to ensure consistency and usability.
- Familiarity with accessibility standards and responsive design principles.
- Ability to create user-friendly and visually appealing interfaces.
- Experience in performance analysis and optimization of workflows and UIs.
- Excellent interpersonal skills to work with technical and non-technical stakeholders.
- Strong written and verbal communication skills for creating documentation and presenting solutions.
- AWS Certified Developer
- AWS Certified Solutions Architect is a plus
- Knowledge of infrastructure-as-code tools such as Terraform or AWS
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
Simplify's Take
What believers are saying
- 33 consecutive quarters of profitability with $3.7B Q1 2026 net income and strong balance sheet.
- Stock trades at 1.7x P/S versus 5.2x analyst target, suggesting 200% upside potential.
- VantageScore 4.0 adoption expands affordable credit access to previously underserved borrowers and gig workers.
What critics are saying
- Multifamily delinquency rates rising with $188M Q1 charge-offs; portfolio deterioration likely within 18 months.
- Crypto-backed mortgages create systemic contagion risk if Bitcoin collapses, destabilizing $4.1T guaranty book.
- Privatization pressure from Bill Ackman strips implicit government backing, raising capital costs 150-300 basis points.
What makes Fannie Mae unique
- Dominates U.S. housing finance with $4.1 trillion guaranty book supporting 40% market share.
- Enables 30-year fixed-rate mortgages, the American standard unavailable in most global markets.
- Provides implicit government backing reducing borrowing costs by 150-300 basis points versus competitors.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Flexible Work Hours
Company News
Fannie Mae and Freddie Mac shares surged up to 41% and 34% respectively on Monday after billionaire investor Bill Ackman urged investors to ignore war fears and buy the government-sponsored mortgage entities, calling them "stupidly cheap" with potential for 10-times returns. Ackman's Pershing Square Capital Management is the largest common shareholder in both companies, holding over 210 million shares combined. The timing raised questions as Monday marked the final trading day of Q1 2026, when stock prices appear in hedge fund performance reports. Despite the rally, both stocks remain down nearly 60% from September 2025 peaks. The bullish case relies on potential privatisation under the Trump administration, though no decision has materialised. Critics warn rushed privatisation could raise borrowing costs and recreate conditions that fuelled the Great Recession.
Better Home & Finance and Coinbase have launched a mortgage product allowing borrowers to pledge Bitcoin and USDC as collateral for Fannie Mae-conforming loans, marking the first such arrangement in US housing finance. The "Token-Backed Mortgage" enables borrowers to use crypto for down payments without liquidating assets or triggering tax events. The structure involves two loans: a standard Fannie Mae conforming mortgage and a separate privately financed loan from Better Home for the down payment. Better Home cannot liquidate the crypto unless borrowers miss payments for 60 days. Coinbase One members receive a 1% rebate on the mortgage amount, capped at $10,000. Simultaneously, the White House concluded its review of a Labour Department rule that would allow Bitcoin in Americans' 401(k) accounts. Crypto spent an estimated $245-250 million in the 2024 election cycle.
Fannie Mae will begin accepting cryptocurrency-backed mortgages through a new product launched by Better Home & Finance and Coinbase. The offering allows homebuyers to use Bitcoin or USDC as collateral for loans conforming to Fannie Mae standards, rather than making cash down payments. Better Home shares surged 12% following Thursday's announcement, whilst Coinbase fell 1.1% and Fannie Mae dropped 4.6%. Homebuyers will apply for standard 15- or 30-year mortgages but receive a separate loan backed by their cryptocurrency holdings. The product features no margin calls, meaning market movements alone will not trigger liquidation. Borrowers face liquidation risk only after 60 days of payment delinquency, similar to standard Fannie Mae mortgages. A 2025 Redfin survey found over 10% of millennial and Gen-Z homebuyers sold crypto holdings to fund down payments.
Fannie Mae collaborates with Coinbase to launch crypto mortgages. Fannie Mae is set to support crypto-backed mortgages, allowing borrowers to use digital assets like bitcoin as collateral. The move signals deeper integration of crypto into traditional housing finance. Crypto-Backed home loans set to launch in industry first. Fannie Mae is preparing to support a new type of mortgage that allows borrowers to use cryptocurrency as collateral. The initiative, developed with Coinbase and Better Home & Finance, marks a significant step in bringing digital assets into mainstream housing finance. Under the new structure, homebuyers can pledge crypto holdings such as bitcoin or USDC instead of selling assets to fund a down payment. This allows borrowers to maintain market exposure while avoiding potential capital gains taxes tied to liquidation. The loans will be issued as conforming mortgages backed by Fannie Mae. That means they will follow the same standards and protections as traditional home loans. For many in the market, Fannie's involvement adds a level of credibility that earlier crypto mortgage products lacked. The move follows guidance from the Federal Housing Finance Agency (FHFA). In June, FHFA Director Bill Pulte instructed Fannie Mae and Freddie Mac to explore how crypto assets could be counted in mortgage applications. The policy reflects broader support for digital assets within the current U.S. administration. Demand for such products is already visible. Around 14% of U.S. adults owned crypto in 2025, according to Gallup. At the same time, a Redfin survey found that nearly 13% of younger homebuyers sold crypto to fund down payments. The new model aims to change that behavior. Instead of liquidating holdings, borrowers can now use them as collateral, preserving long-term investment positions. Still, the timing comes amid market volatility. Bitcoin remains well below its recent peak, having dropped more than 40% since its October highs. That could introduce new risk considerations for lenders and borrowers alike, particularly if collateral values fluctuate. Even so, the launch signals a clear direction for the market. As crypto assets gain acceptance, their role in everyday financial products continues to expand. For the housing sector, this could open the door to a new class of buyers. For crypto, it represents another step toward full integration with traditional finance. Faq. * What is a crypto-backed mortgage? It is a home loan where borrowers use cryptocurrency, such as bitcoin or USDC, as collateral instead of cash. * Who is offering this product? The mortgage is being introduced through a partnership between Coinbase and Better Home Finance, with backing from Fannie Mae. * Why would buyers use crypto instead of cash? They can avoid selling their assets, maintain market exposure, and potentially avoid capital gains taxes. * Is this widely available in the U.S.? The product is just launching, but Fannie Mae's involvement could help expand access over time. Crypto Fear and Greed index. Fear Greed Yesterday Extreme Fear Last Week Extreme Fear How do you feel about the market today?
Better Home & Finance and Coinbase announce launch of partnership with Fannie Mae to offer crypto-backed mortgages. LinkedIn Facebook X On March 26, 2026, mortgage provider Better Home & Finance and cryptocurrency trading platform Coinbase announced a partnership with Fannie Mae to offer Fannie Mae-complaint mortgages backed by cryptocurrency from borrowers as collateral. The partnership represents the first mortgage products backed by cryptocurrency to be accepted by Fannie Mae since FHFA Director Bill Pulte's June 26, 2025 directive ordering Fannie Mae to prepare a proposal to the FHFA for the consideration of prospective buyers' cryptocurrency assets in its risk assessments of single-family mortgage loans. As part of the announced partnership, prospective homeowners will be able to pledge certain approved cryptocurrency assets (namely bitcoin or USD coin) to fund a down payment on a home in lieu of cash, and without liquidating their cryptocurrency assets. The structure allows buyers to effectively take out a second loan on their down payment backed by their cryptocurrency assets, while also receiving a standard Fannie Mae-backed loan on the home itself. In its announcement, Better asserts that Fannie Mae backing will allow prospective home buyers to receive significantly lower interest rates than that seen on existing cryptocurrency-backed mortgage products offered by other providers, which have not yet received the backing of Fannie Mae. This announcement raises significant implications for the mortgage industry as GSE-backed crypto lending may open up new products for lenders and servicers in origination and re-financing of residential mortgages. DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising. (C) Goodwin 2026 Publish your content on JD Supra. * | Increased readership * | Actionable analytics * | Ongoing writing guidance Join more than 70,000 authors publishing their insights on JD Supra