I applied through my college job board and ended up being selected for an in-person interview on campus. The entire process is very competitive. Out of the several hundred students that applied for the position, Fannie interviewed about 10 per campus and invited 2-3 back for a final round in Washington DC. The interviews were overall easy and the method they moved forward with candidates seemed rather arbitrary. The on-campus interview consisted of confessing your knowledge of Fannie Mae and the mortgage market, then walking through your resume for relevant experience. About a week later, you will hear back and if invited to Washington, the interview will consist of three 30 minute 1 on 1 interviews that ask behavioral, educational and case study questions respectively. The enterprise was very accommodating and the process was an enjoyable experience.

They have the nerve to ask applicants if they've ever filed bankruptcy when Fannie Mae is in receivership itself. They say they will pay for parking in their garage but they give you directions to a non-existent garage so you'll have to park anywhere else and pay for our own parking anyway. Their offices downtown are palatial. They have fancier office space than the top-tier D.C. law firms. Spending freely in the name of the U.S. public, I guess. Curiously the software guys who interviewed me don't admit to working for Fannie Mae on their LinkedIn profiles, instead claiming to be computer game developers. Ashamed of their day jobs?