Summer 2027

Technology Program Intern

Updated on 8/25/2026

Fannie Mae

Fannie Mae

10,001+ employees

Purchases mortgages, issues mortgage-backed securities

Compensation Overview

$41.50/hr

+ Incentive program

No H1B Sponsorship

Plano, TX, USA + 1 more

More locations: Reston, VA, USA

Hybrid

Flex work arrangement; regular office attendance is expected at the designated office.

Bachelor's, Master's

Category
Software Engineering (2)
,
Required Skills
TCP/IP
LLM
PowerShell
SharePoint
Microsoft Azure
Redshift
Python
JavaScript
SAS
Data Science
R
LDAP
ServiceNow
Microsoft Windows
Apache Spark
SQL
Microsoft Intune
Computer Networking
Java
Kinesis
Postgres
Data Engineering
TypeScript
Cybersecurity
Tableau
AWS
JIRA
Terraform
Collibra
REST APIs
C/C++
Selenium
Data Governance
Splunk
Oracle
Linux/Unix
Angular
Spring
Google Cloud Platform

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Requirements
  • Authorization to work in the United States without sponsorship.
  • A current degree program major in Computer Science or Information Technology.
  • Academic achievement, with a preferred GPA of 3.0 or higher.
  • Curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence.
  • Currently pursuing a Bachelor's or Master's degree in Computer Science or Information Technology, with an expected graduation date of Spring 2028.
  • Understanding of software development and programming languages such as Java, JavaScript, C++, or Python.
  • Knowledge of Amazon Web Services or cloud computing.
  • Ability to write code.
  • Experience with databases and software design and development in a test-driven environment.
  • Familiarity with artificial intelligence tools and technologies.
  • Demonstrated leadership capabilities and ability to contribute to a team atmosphere.
Responsibilities
  • Contribute to the design, development, testing, and implementation of software, technology, and business processes.
  • Implement modern technologies and maintain tools using industry-standard best practices.
  • Build an artificial-intelligence-powered document classification pipeline to improve document-type accuracy and accelerate fraud detection.
  • Produce clean, efficient software solutions to meet customer needs.
  • Integrate software components and third-party applications.
  • Support production applications by troubleshooting, debugging, and upgrading existing software.
  • Recommend and execute improvements to software and development processes.
  • Create scalable, automated solutions to support business needs.
  • Gather and evaluate user feedback.
  • Write and maintain tests to ensure solutions are compatible and stable.
  • Manage data platforms and tools, monitor production logs, analyze data to determine root cause, and coordinate with users to triage issues.
  • Support data protection and governance, ensuring sensitive data is governed throughout the technology ecosystem and preventing data loss.
  • Create and maintain architecture diagrams for key software applications.
  • Design and maintain JIRA service desks.
Desired Qualifications
  • AWS or cloud knowledge.
  • Experience with databases and software design and development in a test-driven environment.
  • Familiarity with artificial intelligence tools and technologies.
  • Demonstrated leadership capabilities and ability to contribute to a team atmosphere.

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 Jobs

Simplify's Take

What believers are saying

  • Q2 2026 net income reached $4.0 billion, up 20% year over year.
  • Net worth hit $116.5 billion by June 30, 2026, strengthening capital resilience.
  • Higher net interest income and deferred guaranty fees lifted revenue to $7.6 billion.

What critics are saying

  • Bill Pulte fired at least ten senior executives in August 2026, weakening continuity.
  • Forty-one fired workers are suing Fannie Mae and Pulte, extending reputational and legal exposure.
  • Trump’s privatization push and possible IPO threaten a destabilizing 2026-2027 ownership overhaul.

What makes Fannie Mae unique

  • Fannie Mae guarantees roughly $4.1 trillion in U.S. mortgages, anchoring housing liquidity.
  • Its $544.6 billion multifamily book gives lenders unmatched apartment-finance reach.
  • The conservatorship structure and federal backing reduce funding volatility versus private mortgage rivals.

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Benefits

Flexible Work Hours

Company News

Inside Mortgage Finance
Aug 27th, 2026
Several senior Fannie executives let go.

Several senior Fannie executives let go. August 27, 2026 Fannie Mae has reportedly fired 10 senior executives, including senior vice presidents Mark Palim and Devang Doshi. Get free imfnews updates! The latest mortgage news via email. News tailored to your needs. Get focused coverage. Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.

Bisnow
Aug 24th, 2026
Latest round of Fannie Mae senior staff layoffs has multifamily sector anxious.

Latest round of Fannie Mae senior staff layoffs has multifamily sector anxious. Multifamily lenders that work with Fannie Mae are reportedly worried about business continuity after the government-sponsored enterprise eliminated roughly a dozen staff last week. The staffing reductions included executives who dealt with multifamily loans and low-income housing tax credit investments, along with finance, regulatory and communications officials, The Wall Street Journal reported Friday. News of the departures has rattled some executives across the mortgage industry who worry they could impact Fannie Mae's ability to provide price stability in the mortgage market, the WSJ reported. Fannie Mae is overseen by the Federal Housing Finance Agency, which is led by Bill Pulte, a longtime ally and booster of President Donald Trump who has worked to put his stamp on the GSEs, including Freddie Mac. A person familiar with the staffing moves said they were related to new technology solutions and increased efficiency inside the agency. "These positions have been planned to be transitioned out as part of redundant efforts as part of ongoing efficiencies," the person said. "We have no concerns about continuity of operations." The FHFA declined a request for comment on the layoffs. Some of the officials who were let go were notified Wednesday that their positions had been eliminated. "Technology is improving and providing opportunities for us to remove unnecessary processes and unfortunately at times personnel," Pulte posted to X after the WSJ story first published. Senior staff turnover has been high since Pulte took the helm at the FHFA. Less than a week after the Senate confirmed Pulte to the post, eight Fannie Mae board members left and were replaced by four Pulte appointees, with six departing Freddie Mac and being replaced by three new appointees. Pulte made himself chair of both boards in a move that Politico described at the time as highly unusual. One of those board members, an ally of Elon Musk and engineer at SpaceX named Christopher Stanley, resigned after less than two days on the job. Fannie Mae also swapped CEOs in October, when Priscilla Almodovar, who had been in the role since 2022, resigned and was replaced by then-Chief Operating Officer Peter Akwaboah. The senior staffing shake-ups have disproportionately affected women, who went from holding two-thirds of senior roles to less than half. In April, Pulte also ousted more than 100 staffers he accused of engaging in unethical conduct, most of whom were of Indian descent. In October, roughly a dozen of Fannie Mae's ethics staffers were fired without explanation. A group of 41 of employees ousted in April is suing the agency's CEO and the FHFA for defamation, alleging the employees were being improperly smeared.

Yahoo Finance
Aug 22nd, 2026
Fannie Mae cuts at least 10 senior leaders as housing market risks mount

Fannie Mae has reportedly cut at least 10 senior employees this week, including top leaders, according to The Wall Street Journal. Several officials were told on Wednesday their positions had been eliminated. The senior departures have raised industry concerns that Fannie Mae's ability to maintain stability in mortgage prices and market activity could be weakened. Fannie Mae and Freddie Mac support the mortgage market by purchasing mortgages, packaging them for investors, and guaranteeing payments if borrowers default. The cuts come as Federal Housing Finance Agency director Bill Pulte pursues rapid changes at both government-sponsored enterprises. Pulte has removed directors and senior leaders, appointed himself chairman of both boards, and pushed for the companies to become publicly traded.

Yahoo Finance
Aug 21st, 2026
Trump administration dismisses 12 senior Fannie Mae officials citing AI capabilities

The Trump administration has dismissed 12 senior staff from Fannie Mae, according to an official familiar with the matter. The positions were eliminated on Wednesday, with all departures being involuntary. The official stated some jobs were cut due to increasing artificial intelligence capabilities. It remains unclear which specific positions were affected or whether the changes signal a strategic shift for the mortgage agency. The Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, is led by Bill Pulte, a Trump loyalist who previously served as acting director of national intelligence. Trump has previously discussed a potential public offering of shares in Fannie Mae and Freddie Mac, though no decision has been announced.

TradingView
Aug 21st, 2026
Fannie Mae Hit By Turmoil In Senior Ranks As At Least 10 Executives Depart - WSJ

Fannie Mae Hit By Turmoil In Senior Ranks As At Least 10 Executives Depart - WSJ Read the full article