

Frequently Asked Questions about Fannie Mae Careers
Looking for more information about Fannie Mae, its products and services, and its work culture? Our comprehensive FAQs section has you covered. Explore a wide range of topics, including job opportunities, career development, employee benefits, and more, and get the answers you need to make informed decisions about your career.
- Do you need to have prior experience to work at Fannie Mae?
No, prior experience is not required to work at Fannie Mae. However, some positions may require specific qualifications or experience.
- In which US cities does Fannie Mae have offices?
Fannie Mae has offices in Washington, D.C., Chicago, Dallas, Detroit, Houston, Los Angeles, New York, San Francisco, and many other cities.
- How long does the hiring process usually take at Fannie Mae?
The hiring process at Fannie Mae typically takes anywhere from four to six weeks.
- What is the dress code at Fannie Mae?
Fannie Mae has a business casual dress code. This includes slacks or khakis, dress shirts, and dress shoes for men, and skirts, dresses, slacks, or blouses for women.
- Does Fannie Mae offer any volunteer programs?
Yes, Fannie Mae offers a variety of volunteer programs for its employees, including the Fannie Mae Community Involvement Program (CIP). Through the CIP, employees can volunteer their time and talent to improve their local communities. Employees can also participate in the Fannie Mae Foundation's volunteer programs, which provide financial support to nonprofit organizations that are working to create more affordable housing and sustainable communities.
- Does Fannie Mae offer any stock options?
Fannie Mae does not currently offer stock options to its employees.
- What is the average work-life balance at Fannie Mae?
The work-life balance at Fannie Mae varies depending on the position. Generally, the company promotes a culture of flexibility and encourages employees to seek balance between work and personal life. Employees report a positive work-life balance overall.
- Does Fannie Mae offer any flexible spending accounts?
Fannie Mae does not offer any Flexible Spending Account (FSA) programs.
- Does Fannie Mae offer any child care benefits?
No, Fannie Mae does not offer any child care benefits.
- Does Fannie Mae offer any wellness programs?
Yes, Fannie Mae offers a comprehensive Wellness Program that includes activities such as health screenings, on-site fitness centers, nutrition programs, financial education, and stress management. The program also offers a variety of wellness challenges and rewards.
- Does Fannie Mae offer any mentorship programs?
Yes, Fannie Mae offers a Mentorship Program for employees. The program provides a structured relationship between a mentor and mentee to help support and develop employees in their roles within the company.
- Does Fannie Mae offer any tuition reimbursement?
No, Fannie Mae does not offer tuition reimbursement.
- What types of programs does Fannie Mae have for employees?
Fannie Mae offers a variety of programs for its employees, such as: 1. Professional Development: This program provides employees with the tools and resources to help them grow and succeed. 2. Employee Recognition: Fannie Mae recognizes outstanding employees through awards and recognition programs. 3. Flexible Work Arrangements: Fannie Mae offers flexible work arrangements to support employees' personal and professional needs. 4. Benefits: Fannie Mae offers a comprehensive benefits package, including medical, dental, vision, disability, and life insurance. 5. Retirement Savings: Fannie Mae provides employees with retirement savings options, such as 401(k) plans and pension plans. 6. Wellness Programs: Fannie Mae offers wellness programs to help employees maintain their physical and mental health. 7. Tuition Reimbursement: Fannie Mae provides tuition reimbursement to help employees further their education.
- What is Fannie Mae's diversity policy?
Fannie Mae is committed to fostering an inclusive working environment and a culture of diversity and inclusion where all employees are valued, respected, and empowered to do their best work. We strive to create an environment that celebrates the diversity of our employees, customers, partners, and communities. We are committed to recruiting, hiring, training, and promoting qualified individuals without regard to gender, race, color, religion, national origin, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by law. We are also committed to providing reasonable accommodations to individuals with disabilities.
- What is the interview process like at Fannie Mae?
The interview process at Fannie Mae typically consists of a phone or video interview, followed by an in-person interview. Following the in-person interview, candidates will be asked to complete a skills assessment. Additional steps may include a background check and/or an additional interview with a senior leader.
- What is the average length of employment at Fannie Mae?
The average length of employment at Fannie Mae is approximately 5.7 years.
- What is Fannie Mae?
Fannie Mae (the Federal National Mortgage Association) is a government-sponsored enterprise (GSE) that was created in 1938 to support the housing market by buying mortgages from lenders and repackaging them as securities for investors. Fannie Mae also provides banks, credit unions, and other mortgage companies with the funds they need to lend to home buyers. The goal of Fannie Mae is to make mortgage financing more accessible and affordable.
- What is the work environment like at Fannie Mae?
Fannie Mae's work environment is fast-paced and focused on achieving results. Employees are expected to maintain a professional attitude and work collaboratively to solve complex problems. The company has a strong commitment to innovation, and encourages employees to think outside of the box and challenge the status quo. In addition, Fannie Mae offers a competitive benefits package and numerous development opportunities to help employees reach their full potential.
- How many employees does Fannie Mae have?
As of October 2020, Fannie Mae has approximately 4,000 employees.
- What is the culture like at Fannie Mae?
Fannie Mae has a culture that emphasizes collaboration, innovation, and respect for its employees. The company encourages employees to take initiative, encourages the free exchange of ideas, and values diversity. Fannie Mae is also committed to providing employees with a healthy work-life balance, as well as offering competitive salaries and benefits.