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fannie mae Interview Questions and Answers
Updated 21 Feb 2026Data Scientist Interview Experience
Candidate: Samantha R.
Experience Level: Mid-level
Applied Via: Online job board
Difficulty:
Final Result:
Interview Process
4 rounds
Questions Asked
- Explain how you would build a predictive model for mortgage default.
- What programming languages and tools do you use?
- Describe a time you cleaned a complex dataset.
- How do you communicate technical results to non-technical stakeholders?
Advice
Be ready to demonstrate your technical skills and also your ability to translate data insights into business value.
Full Experience
The process included a coding challenge, a technical interview with case studies, a presentation of a past project, and a final interview with leadership. The interviewers valued clear explanations and practical experience.
Loan Officer Interview Experience
Candidate: Kevin T.
Experience Level: Mid-level
Applied Via: Recruiter outreach
Difficulty: Easy
Final Result: Rejected
Interview Process
2 rounds
Questions Asked
- How do you ensure compliance with lending regulations?
- Describe your approach to customer service.
- What strategies do you use to close loans efficiently?
Advice
Gain more direct experience with mortgage loan processing and improve your knowledge of compliance requirements.
Full Experience
The interviews were straightforward, mostly behavioral questions. I felt underprepared on some regulatory topics which may have impacted the outcome.
Risk Analyst Interview Experience
Candidate: Maria S.
Experience Level: Senior
Applied Via: LinkedIn application
Difficulty:
Final Result:
Interview Process
3 rounds
Questions Asked
- How do you evaluate mortgage portfolio risk?
- Describe a time you identified a significant risk and mitigated it.
- What risk management software are you familiar with?
Advice
Highlight your experience with risk assessment tools and real-world examples of risk mitigation.
Full Experience
The interviews focused heavily on risk scenarios and how I would approach them. The team was interested in my past experience with mortgage-backed securities and regulatory compliance.
Software Engineer Interview Experience
Candidate: David L.
Experience Level: Entry-level
Applied Via: Referral
Difficulty:
Final Result:
Interview Process
4 rounds
Questions Asked
- Implement a function to detect cycles in a linked list.
- Describe your experience with cloud services.
- How would you optimize a slow database query?
- Explain a project where you used Agile methodology.
Advice
Prepare well for coding challenges and be ready to discuss your projects and teamwork experience.
Full Experience
The process included an initial phone screen, a coding test, a technical interview with problem-solving questions, and a final cultural fit interview. The coding questions were tough but fair, and interviewers appreciated clear communication.
Financial Analyst Interview Experience
Candidate: Jessica M.
Experience Level: Mid-level
Applied Via: Online application via company website
Difficulty:
Final Result:
Interview Process
3 rounds
Questions Asked
- Explain the difference between fixed and adjustable rate mortgages.
- How do you assess credit risk?
- Describe a time you analyzed financial data to influence a decision.
Advice
Brush up on mortgage finance concepts and be ready to discuss your analytical skills with examples.
Full Experience
The interview process started with an HR screening call, followed by a technical round with the finance team focusing on mortgage products and risk assessment. The final round was a behavioral interview with the hiring manager. Overall, the interviewers were friendly and the questions were relevant to the role.
Frequently Asked Questions in fannie mae
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Common Interview Questions in fannie mae
Q: In a sports contest there were m medals awarded on n successive days (n > 1). 1. On the first day 1 medal and 1/7 of the remaining m - 1 medals were awarded. 2. On the second day 2 medals and 1/7 of the now remaining medals was awarded; and so on.On the nth and last day, the remaining n medals were awarded.How many days did the contest last, and how many medals were awarded altogether?
Q: A man has a wolf, a goat, and a cabbage. He must cross a river with the two animals and the cabbage. There is a small rowing-boat, in which he can take only one thing with him at a time. If, however, the wolf and the goat are left alone, the wolf will eat the goat. If the goat and the cabbage are left alone, the goat will eat the cabbage. How can the man get across the river with the two animals and the cabbage?
Q: A rich merchant had collected many gold coins. He did not want anybody to know about them. One day his wife asked, "How many gold coins do we have?" After pausing a moment, he replied, "Well! If I divide the coins into two unequal numbers, then 32 times the difference between the two numbers equals the difference between the squares of the two numbers."The wife looked puzzled. Can you help the merchant's wife by finding out how many gold coins they have?
Q: Suppose a newly-born pair of rabbits, one male, one female, are put in a field. Rabbits are able to mate at the age of one month so that at the end of its second month a female can produce another pair of rabbits. Suppose that our rabbits never die and that the female always produces one new pair (one male, one female) every month from the second month on.
Q: A rich man died. In his will, he has divided his gold coins among his 5 sons, 5 daughters and a manager. According to his will: First give one coin to manager. 1/5th of the remaining to the elder son.Now give one coin to the manager and 1/5th of the remaining to second son and so on..... After giving coins to 5th son, divided the remaining coins among five daughters equally.All should get full coins. Find the minimum number of coins he has?
Q: Consider a pile of Diamonds on a table. A thief enters and steals 1/2 of the total quantity and then again 2 extra from the remaining. After some time a second thief enters and steals 1/2 of the remaining+2. Then 3rd thief enters and steals 1/2 of the remaining+2. Then 4th thief enters and steals 1/2 of the remaining+2. When the 5th one enters he finds 1 diamond on the table. Find out the total no. of diamonds originally on the table before the 1st thief entered.
Q: 3 policemen and 3 thieves had to cross a river using a small boat. Only two can use the boat for a trip. All the 3 policemen and only 1 thief knew to ride the boat. If 2 thieves and 1 policeman were left behind they would kill him. But none of them escaped from the policemen. How would they be able to cross the river?
Q: T, U, V are 3 friends digging groups in fields. If T & U can complete i groove in 4 days &, U & V can complete 1 groove in 3 days & V & T can complete in 2 days. Find how many days each takes to complete 1 groove individually.
Q: A light bulb is hanging in a room. Outside of the room there are three switches, of which only one is connected to the lamp. In the starting situation, all switches are 'off' and the bulb is not lit. If it is allowed to check in the room only once.How would you know which is the switch?
Q: ABCDE are sisters. Each of them gives 4 gifts and each receives 4 gifts No two sisters give the same combination ( e.g. if A gives 4 gifts to B then no other sisters can give four to other one.)Â (i) B gives four to A.(ii) C gives 3 to E. How much did A,B,C,E give to D?
Q: At 6?o a clock ticks 6 times.The time between first and last ticks is 30 seconds.How long does it tick at 12?o clock?2.A hotel has 10 storey. Which floor is above the floor below the floor, below the floor above the floor, below the floor above the fifth.
Q: There is a room with a door (closed) and three light bulbs. Outside the room there are three switches, connected to the bulbs. You may manipulate the switches as you wish, but once you open the door you can't change them. Identify each switch with its bulb.
Q: The egg vendor calls on his first customer and sells half his eggs and half an egg. To the second customer, he sells half of what he had left and half an egg and to the third customer he sells half of what he had then left and half an egg. By the way he did not break any eggs. In the end three eggs were remaining . How many total eggs he was having ?
Q: A long, long time ago, two Egyptian camel drivers were fighting for the hand of the daughter of the sheik of Abbudzjabbu. The sheik, who liked neither of these men to become the future husband of his daughter, came up with a clever plan: a race would dete
Q: A vessel is full of liquid. From the vessel, 1/3rd of the liquid evaporates on the first day. On the second day 3/4th of the remaining liquid evaporates. What fraction of the volume is present at the end of the second day
Q: There are 7 letters A,B,C,D,E,F,GAll are assigned some numbers from 1,2 to 7.B is in the middle if arranged as per the numbers.A is greater than G same as F is less than C.G comes earlier than E.Which is the fourth letter
Q: In a Park, N persons stand on the circumference of a circle at distinct points. Each possible pair of persons, not standing next to each other, sings a two-minute song ? one pair immediately after the other. If the total time taken for singing is 28 minutes, what is N?
Q: Give two dice - one is a standard dice, the other is blank (nothing painted on any of the faces). The problem is to paint the blank dice in such a manner so that when you roll both of them together, the sum of both the faces should lie between 1 and 12. Numbers from 1-12 (both inclusive) equally likely.
Q: Raj has a jewel chest containing Rings, Pins and Ear-rings. The chest contains 26 pieces. Raj has 2 and 1/2 times as many rings as pins, and the number of pairs of earrings is 4 less than the number of rings. How many earrings does Raj have?...
Q: Given a collection of points P in the plane , a 1-set is a point in P that can be separated from the rest by a line, .i.e the point lies on one side of the line while the others lie on the other side. The number of 1-sets of P is denoted by n1(P)....