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Mission
Fannie Mae is committed to diversity and inclusion in the workforce, the workplace and the marketplace. We strive to create an environment where employees -- our greatest resource -- can fully engage and contribute their diverse ideas and perspectives towards innovative solutions that meet the company's goals. In doing so, our employees drive the company's competitive edge and serve the needs of our customers, partners and communities.
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Workforce - Our People
Encouraging both diversity and inclusion within our workforce, across all levels, is the most important element of our workforce strategy. Not only do we attract diverse talent to Fannie Mae, we strive to develop all our current employees in ways that give each employee opportunities to succeed and contribute to Fannie Mae's long-term competitive advantage and success.
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Offering career development opportunities that are uniquely relevant to our diverse workplace
Aligning the company's talent development, talent review, and career development strategies and programs to expand career opportunities for all employees Increasing recruitment of top talent through expanded diverse partnerships, diverse event focus and participation, and other rigorous recruiting techniques
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Workplace - Our Culture
Fannie Mae's mission is to provide liquidity, stability, and affordability to the mortgage industry. Our culture --
how we do our job -- enables us to succeed at our mission. And valuing diversity and inclusion is one component of building a high-performing culture. That culture, enabled by our already rich diversity, provides an array of solutions and strategies to meet real-world
challenges. These solutions, which come from fully respecting and engaging every employee, will drive our success as a company.
- Offering tools and resources, such as diversity learning, to develop people managers as more effective leaders.
- Ensuring that benefits, total rewards, and learning incorporate and meet the needs of a diverse employee base.
- Leveraging the experience of our employees through Employee Resource Groups to support our mission.
- Using a Diversity Advisory Council to obtain feedback from a broad spectrum of employees about the impact and challenges the Office
of Diversity and Inclusion's programs and initiatives have or may have on Fannie Mae's business.
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Marketplace - Our Business
The current housing market crisis is having a disproportionate effect on communities of color. Recent estimates indicate that minorities, including immigrants, will account for 68 percent of household growth over the period 2005-2015. As we work aggressively to save families from foreclosure, we also need to prepare
for future homeowners and renters by understanding their housing and credit needs and enabling our customers and partners to meet those needs. The Office of Diversity and Inclusion is supporting the efforts of Fannie Mae's business units by:
- Identifying opportunities to align with corporate efforts aimed at foreclosure prevention and lending in communities of color
- Developing initiatives to support increased diversity in the financial services industry through internships, scholarships, and other targeted programs to bring more people with more diverse backgrounds into our industry
- Advancing our corporate supplier diversity efforts to ensure that certified and qualified diverse suppliers are provided the opportunity to do business with Fannie Mae
For more details, please contact the Office of Diversity & Inclusion.
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Last Revised: September 9, 2008
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