Full-Time
Director – Multifamily Underwriting Policy and Reporting
Confirmed live in the last 24 hours
Fannie Mae
10,001+ employees
Facilitates mortgage financing and liquidity
No salary listed
Senior, Expert
Washington, DC, USA
Flexible hybrid work model.
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- 8 years of relevant experience
- Skilled in financial analysis
- Must be able to leverage ratios
- Experience with Loan application evaluation
- Loan management skills
- Property analysis experience
- Risk assessment and management skills
- Risk mitigation experience
- Multifamily underwriting data analysis skills
- Skilled in Excel, Tableau
- Direct team efforts and processes to gather information about potential risks and costs involved with providing services to a customer and assist leadership with process improvement
- Oversee lending decision process and make recommendations to leadership for process improvement and modifications
- Direct process on issuance of the securities or other financial loans to the customer, as well as make recommendations to leadership on process changes
- Direct team efforts to evaluate the impact of proposed risks to the enterprise and identifying opportunities for delegation of credit activities
- Develop reporting to monitor acquisition data trends in order to determine to determine credit risk appetite
- Bachelor’s degree or equivalent
- Multifamily underwriting experience
Fannie Mae operates in the U.S. housing finance market by purchasing mortgages from lenders, which helps these lenders have the cash flow needed to offer more loans to consumers. The company buys mortgages from banks and financial institutions, holding some in its portfolio while packaging others into mortgage-backed securities (MBS) that are sold to investors. This process provides a steady flow of capital back into the housing market, promoting homeownership and rental opportunities. Fannie Mae earns revenue through fees for guaranteeing payments on MBS and from interest on its mortgage portfolio. Unlike its competitors, Fannie Mae plays a vital role in maintaining the stability and affordability of the housing market by providing a reliable secondary market for mortgages. The company's goal is to facilitate access to affordable housing while also engaging in community service and promoting diversity and inclusion within its workforce.
Company Size
10,001+
Company Stage
IPO
Headquarters
Washington, District of Columbia
Founded
1938
Simplify's Take
What believers are saying
- Lower mortgage rates in 2025 and 2026 may boost home sales.
- Integration of AI in underwriting can enhance risk assessment and reduce costs.
- Green mortgages offer opportunities to expand Fannie Mae's portfolio.
What critics are saying
- Fraudulent activities have led to significant credit losses in early 2025.
- Integration challenges with the new Loan Pricing API may affect operations.
- Economic forecasts are subject to change, impacting strategic decisions.
What makes Fannie Mae unique
- Fannie Mae is a cornerstone of the U.S. housing finance system.
- It provides liquidity by purchasing mortgages from lenders and issuing MBS.
- Fannie Mae is committed to diversity, inclusion, and community service initiatives.
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Benefits
Flexible Work Hours
Company News
WASHINGTON, March 28, 2025 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) February 2025 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.Follow Fannie Maefanniemae.comFannie Mae Newsroomhttps://www.fanniemae.com/newsroomPhoto of Fannie Maehttps://www.fanniemae.com/resources/img/about-fm/fm-building.tifFannie Mae Resource Center1-800-2FANNIESOURCE Fannie Mae
Existing Home Sales Forecast Upgraded Slightly on Lower Rate OutlookWASHINGTON, March 28, 2025 /PRNewswire/ -- Mortgage rates are now expected to end 2025 and 2026 at 6.3 percent and 6.2 percent, respectively, downward revisions of three-tenths for each, according to the March 2025 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The lower mortgage rate outlook resulted in a small upward revision to the ESR Group's existing home sales outlook in 2025, though expectations for total home sales remain subdued. On a Q4/Q4 basis, real gross domestic product (GDP) is now expected to be 1.7 percent in 2025 and 2.1 percent in 2026, modest downward revisions owing to weaker incoming data and greater clarity on trade policy."We expect the recent pullback in mortgage rates will provide a small boost to home sales this year," said Mark Palim, Fannie Mae Senior Vice President and Chief Economist. "While our latest forecast calls for a period of modestly slower economic growth, historically, interest rates have been the most important driver of home sales. We think mortgage rates will move even lower within the next quarter and ultimately close the year at approximately 6.3 percent, which could be low enough to generate some extra sales from any would-be buyers still waiting on the sidelines."Visit the Economic and Strategic Research site at fanniemae.com to read the full March 2025 Economic Outlook, including the Economic Developments Commentary, Economic Forecast, and Housing Forecast. To receive e-mail updates with other housing market research from Fannie Mae's Economic and Strategic Research Group, please click here.Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae's Economic and Strategic Research (ESR) Group included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice
ServiceMac, a leading innovator in mortgage subservicing and a member of the First American family of companies, today announced the company earned Fannie Mae's 2024 Servicer Total Achievement and Rewards(TM) (STAR(TM) Performer award in both the General Servicing and Solution Delivery categories.
Vice Capital Markets integrates with Fannie Mae's new Loan Pricing API to streamline mortgage Loan Pricing and commitment.
In the first quarter of 2025, Fannie Mae said it reserved hundreds of millions of dollars for credit losses in part because of fraud or suspected fraud.