Internship

Campus – Technology Program Intern

Flexible Hybrid

Posted on 8/16/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates mortgage financing and liquidity

No salary listed

No H1B Sponsorship

Reston, VA, USA

Flexible hybrid work model.

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 by purchasing mortgages from lenders, which helps these lenders maintain cash flow to offer more loans. 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 MBS payments and interest from its mortgage portfolio. The company aims to facilitate access to affordable housing and is recognized for its commitment to diversity, inclusion, and community service.

Company Size

10,001+

Company Stage

IPO

Headquarters

Washington DC, District of Columbia

Founded

1938

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with Vice Capital Markets enhances mortgage loan pricing efficiency.
  • Expected mortgage rate decline to 6.3% could boost home sales and securitization.
  • New board members may drive innovation and growth at Fannie Mae.

What critics are saying

  • Layoffs due to ethical concerns could harm reputation and employee morale.
  • Reservation for credit losses indicates potential fraud detection vulnerabilities.
  • Technical issues in new Loan Pricing API could pose security risks.

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 recognized for its commitment to diversity and community service.

Help us improve and share your feedback! Did you find this helpful?

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.

The Times of India
Apr 9th, 2025
US company lays off 200 Indian-Americans in 'donation scam' related to Telugu organisations; similar to firing at Apple

Fannie Mae recently laid off 700 employees, with approximately 200, predominantly of Telugu origin, dismissed on ethical grounds.

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.

INACTIVE