Internship

Campus – Human Resources Program Intern

Flexible Hybrid

Posted on 8/22/2024

Fannie Mae

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact
Financial Services

No H1B Sponsorship

Washington, DC, USA

Flexible hybrid work model.

Category
Human Resources
People & HR
Required Skills
Management
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)
  • Human Resources, Business, Management, and Communication majors are preferred
  • 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
  • Fluency and aptitude with technology applications
Responsibilities
  • Support the design, development, and delivery of change initiatives for an HCM implementation
  • Contribute to the analyses of change impacts, training needs, and readiness assessments to determine program engagement, organizational readiness and adoption of change measures
  • Participate in the development and creation of training assets to educate and equip the organization on changes resulting from the implementation
  • Draft, review and update communications in support of the implementation program
  • Assisting in coordinating key change events such as expos and trainings

Fannie Mae operates in the U.S. housing finance system by purchasing mortgages from lenders, which helps provide them with 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 spreads risk and ensures 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 from interest on 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 Stage

IPO

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

1938

Simplify Jobs

Simplify's Take

What believers are saying

  • AI integration in underwriting reduces default rates, enhancing Fannie Mae's risk management.
  • Green mortgages align with Fannie Mae's mission for sustainable housing solutions.
  • Digital mortgage platforms improve application processes, boosting customer satisfaction.

What critics are saying

  • Desktop Underwriter 12.0 may cause delays if lenders resist new credit risk focus.
  • Labor shortages could challenge Fannie Mae's affordable housing initiatives.
  • Higher loan-to-value ratios in appraisal alternatives may increase financial risk.

What makes Fannie Mae unique

  • Fannie Mae's Desktop Underwriter 12.0 enhances credit risk assessment for mortgage approvals.
  • The MPF Program expands lending to Native Americans on tribal trust lands.
  • Fannie Mae's valuation modernization offers appraisal alternatives to streamline property value assessments.

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