Monday, February 10th, 2014 at 5:00 PM in Tydings Room 4103
This session will be a presentation from members of the Credit Modeling & Analytics Team at Fannie Mae. The presentation will include an overview of Fannie Mae and the Credit M&A team as well as a description of the role of a Financial Economist at Fannie Mae.
Company Description: As the leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today's economic recovery and laying the foundation for a better housing finance system. We guarantee and purchase loans from mortgage lenders to ensure families can buy homes, refinance, or rent a good home.
Job Description:
- Examine data from segment of housing market in order to perform economic analysis of purchase rates, effects of interest rates, prepayment risk, default risk, or other trends that could affect the products or services of assigned business unit(s).
- Examine particular products of assigned business unit and analyze using standard econometric or quantitative models to assess risk, predict future trends.
- Contribute to the preparation of periodic analyses or reports regarding operating results used by business unit management to make marketing, pricing, product management or risk management decisions over the short to mid term.
- Contribute to the update and maintenance of loan default, prepayment and severity models for the update of business unit products in use in client sites for loan application, credit review, underwriting, and the like.
- Perform economic capital analysis, and other financial analysis when necessary, for review by business unit management in order to support strategic or risk management decisions.
- Perform ad hoc reports or analyses of various credit, asset performance, risk management or similar data as requested by business unit or client management.
Questions? Contact noah_murrell@fanniemae.com
