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Fannie Mae Work Values

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Daily Duties at Fannie Mae:

Manually reviewed closed loans for eligibility with respect to Fannie Mae’s Selling Guide, DU Guide and negotiate terms as defined by contracts with Fannie Mae’s partners. Set boiler plates once misrepresentations were found and generate repurchase letters due to misrepresentation. Performed risk analysis and make decisions regarding deficiencies identified during the review process. Identified transaction components that indicated potential fraud and performed sufficient investigative work to resolve issues that were identified. Manually underwrite all closed loans making sure no misrepresentations were found. Communicated the results of file review both verbally and in written format to internal and external customers. Maintained a sound knowledge of Fannie Mae guidelines, DU guidelines and risk assessment tools used to decision mortgage loans. Manually review credit, income, assets, appraisals, contracts, applications and titles. Maintained knowledge of secondary market practices as they impact underwriting quality and origination activity. Great knowledge with detail review of forensic underwriting, appraisals analysis, portfolio analysis, compliance review and writing summaries regarding findings. Strong knowledge of re-verification of loan documents for authenticity and the investigation of cases involving potential mortgage misrepresentation. Great knowledge analyzing credit documents, mortgage applications, credit history, income, appraisal, title, and fraud reports while upholding outstanding quality control.


What they like about Fannie Mae:

Organizations with strong, centralized leadership are particularly attractive to you. You require a work environment with leadership that aggressively seeks to expand and grow the business and does so in a visible and decisive manner. In general you prefer to work in an environment in which there is a strong link between leadership, its actions, and a strong set of company-wide values.



Information about Fannie Mae


Company Rank: Not Available

Average length of employment : 3 years

Average salary of employees: $115,000

These are some of the questions we asked our climbers about their experiences with Fannie Mae:

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Were your performance expectations clearly communicated?

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Were you recognized for meeting or exceeding expectations?

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Did you feel like your personal contribution was important?

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Was your career path clearly outlined and discussed?

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I would recommend this as a place of employment.
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I believe in the purpose of this organization.
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I would work for this organization again.
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I feel employees are fairly compensated.
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Climbers who worked at Fannie Mae had these interests:

Books
Carl Weber Life listen, Dean Koontz


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