F

Fannie Mae

Buys home loans from lenders and guarantees them

Accountant 1

Financial AccountingConfirmed live in the last 24 hours
ContractWashington, DC, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree or equivalent is required.
  • Zero to two years of related experience is required.

Responsibilities

  • Maintain ledger accounts and related activities for production of financial statements and reports.
  • Examine financial statements and transactions for completeness, internal accuracy, and conformance with accounting standards.
  • Reconcile reports and financial data with statements or data on file and identify inconsistencies or errors.
  • Prepare tables, charts, and other exhibits for reports.
  • Prepare simple financial statements or assist with preparing more complex statements.
  • Perform less complex accounting projects or participate as a team member on more complex projects.
  • Perform research and analyses requested by management.

Desired Qualifications

  • Preferred areas of study include Accounting, Business, Finance, or Economics.

About the Company

Fannie Mae

Buys home loans from lenders and guarantees them

Fannie Mae buys single-family and multifamily mortgages from banks, credit unions and other lenders across the United States, giving those lenders cash to make more home loans. It does not lend to homebuyers directly; instead it pools most of the loans it buys into mortgage-backed securities and guarantees investors timely payment of principal and interest. Lenders deliver loans that meet its underwriting standards, often checked through its Desktop Underwriter system. The company earns guaranty fees on the securities it backs and interest income on loans held in its portfolio. Congress chartered it in 1938, it has operated under federal conservatorship since 2008, and it is headquartered in Washington, D.C.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Washington, DC
Founded
1938

Recently Posted Jobs

Explore more opportunities at Fannie Mae

See more jobs