Internship

Campus – Technology Program Intern

Flexible Hybrid

Posted on 8/20/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates mortgage financing and liquidity

No salary listed

No H1B Sponsorship

Washington, DC, USA + 2 more

More locations: Plano, TX, USA | Alexandria, VA, USA

Hybrid role with in-office presence required in Washington, D.C., Northern Virginia, and Plano, TX.

Category
Backend Engineering
Full-Stack Engineering
Software QA & Testing
Software Engineering
Required Skills
Agile
Python
JavaScript
Java
JIRA
C/C++
Data Analysis
Requirements
  • Be authorized to work in the U.S. without sponsorship
  • Academic achievement (preferred GPA of 3.0 or above)
  • Rising senior enrolled in a Bachelor's degree program (2026 graduation date)
  • Computer Sciences and Engineering majors are preferred. Other technical majors will be considered based on a candidate’s technical experience and/or aptitude.
  • Understanding of software development and programming in language such as Java, JavaScript, C++, or Python
  • Familiarity with various technical frameworks and Agile development methodologies
  • Experience with databases, software design and development in a test-driven environment
  • Strong analytical background
  • Demonstrated leadership capabilities and the ability to contribute to a team atmosphere
  • Self-starter, strong business acumen, and results focused
  • Superior communication skills, both oral and written
Responsibilities
  • Producing clean, efficient software solutions to meet customer needs
  • Integrating software components and third-party applications
  • Providing support to production applications, troubleshooting, debugging, and upgrading existing software
  • Recommending and executing improvements to both the software and development process
  • Creating scalable, automated solutions to support business needs
  • Gathering and evaluate user feedback
  • Writing and maintaining tests to ensure solutions are compatible and retain stability
  • Managing Data platforms and tools, monitoring production logs, analyzing data to determine root cause, and coordinating with users to triage issues
  • Supporting data protection and governance, ensuring sensitive data is governed throughout the technology ecosystem and prevent data loss
  • Create and maintain architecture diagrams for key software applications
  • Design and maintain JIRA service desks

Fannie Mae operates in the U.S. housing finance market, focusing on making housing more affordable for homeowners, homebuyers, and renters. The company achieves this by purchasing mortgages from banks and other lenders, providing them with the cash flow needed to issue more loans. Fannie Mae either holds these mortgages in its portfolio or packages them into mortgage-backed securities (MBS) that are sold to investors. This process helps to distribute risk and inject capital back into the housing market, ensuring that lenders can continue to offer new mortgages. Fannie Mae generates revenue through fees for guaranteeing MBS payments and from interest on its mortgage portfolio. The company is dedicated to promoting homeownership and rental opportunities while also engaging in community service and fostering workplace diversity and inclusion.

Company Size

10,001+

Company Stage

IPO

Headquarters

Washington DC, District of Columbia

Founded

1938

Simplify Jobs

Simplify's Take

What believers are saying

  • Lower mortgage rates in 2025-2026 may boost home sales and market activity.
  • Integration of AI in risk assessment could reduce credit losses and enhance efficiency.
  • Growing demand for affordable housing aligns with Fannie Mae's mission and opportunities.

What critics are saying

  • Appointment of controversial board members may lead to reputational risks.
  • Layoffs due to unethical conduct could affect internal governance and employee morale.
  • Reserving funds for credit losses suggests potential vulnerabilities in risk management.

What makes Fannie Mae unique

  • Fannie Mae is a cornerstone of the U.S. housing finance system.
  • It provides liquidity to lenders by purchasing mortgages and issuing MBS.
  • Fannie Mae's commitment to diversity and inclusion enhances its corporate reputation.

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Benefits

Flexible Work Hours

Company News

Inman
Apr 15th, 2025
'MAGA world's premier financier' joins Fannie Mae board of directors

Stucky, who, according to his LinkedIn profile, is a retired heating, ventilation and air conditioning (HVAC) executive, was appointed vice chair of Fannie Mae's board on April 10, the company disclosed Monday in a regulatory filing.

HousingWire
Apr 14th, 2025
Business executive Omeed Malik joins Fannie Mae's board

Business executive Omeed Malik joins Fannie Mae's board.

Inman
Apr 8th, 2025
Fannie Mae lays off 100 workers citing unethical conduct

Fannie Mae lays off 100 workers citing unethical conduct.

HousingWire
Apr 7th, 2025
Florida home prices drop on rising inventory, but sales haven't followed suit

Reports suggest that 700 people were laid off at Fannie Mae last Thursday and Friday, but no official announcements have been issued.

PR Newswire
Mar 28th, 2025
Fannie Mae Releases February 2025 Monthly Summary

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

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