Fannie Mae Mock Interview
Practice 31 Fannie Mae interview questions covering mortgage finance, risk assessment, and GSE operations.
Question 18 of 31
What experience do you have working in the mortgage market?
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Rachel Hills Lowe is a PR and Communications Professional with experience interviewing candidates for copywriting, marketing, and communications positions.
While you don't need to be an expert in the mortgage market to get a job at Fannie Mae, your answer should demonstrate an understanding of the most critical forces at play in the market. If you have experience working with mortgages, discuss with your interviewer the skills you've developed due to these experiences. Ongoing learning is crucial, too, so let your interviewer know the plan you have in place to fill any gaps in industry knowledge through relevant publications or resources.
Rachel Hills Lowe is a PR and Communications Professional with experience interviewing candidates for copywriting, marketing, and communications positions.
"I've spent the past five years working as a real estate broker, where I've picked up extensive experience handling the logistics of real estate deals, including working with contracts and finalizing deals. Through observation and interactions with our clients, I've picked up a helpful working knowledge of real estate loans, interest rates, Fed policies, mortgage application and administration, and mortgage-backed securities. I feel confident in my ability to work with situations dealing with these topics at Fannie Mae."
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Prepare for questions on secondary mortgage markets and regulatory compliance expectations.
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