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2024 Tech Trendsetter: Vinay Vangala

Vinay Vangala

Vinay Vangala is responsible for Fannie Mae’s Lender Technology and Digital Engineering organization (over 500 resources). He has a proven track record of leadership, technical acumen, and a collaborative demeanor with both business and technical stakeholders, which have enabled him to successfully deliver on various large programs throughout his 20-plus year career in the mortgage industry. He is the one of the pioneers of Fannie Mae’s digital transformation journey, supporting Fannie Mae and the housing industry by successfully leading and delivering business innovations, such as the technology modernization and reengineering of Fannie Mae’s flagship underwriting platform, Desktop Underwriter (DU).

Vangala is a customer-focused leader driving technology modernization and delivering innovative business solutions at Fannie Mae. He partnered on groundbreaking underwriting innovations like positive rent payment history and cash flow underwriting, expanding mortgage credit access using machine learning. In modernizing Fannie Mae’s loan delivery suite, he supported the Single-Family Mission Index and Green Bonds projects, advancing environmental, social, and economic outcomes.

In the mortgage-backed securities (MBS) space, Vangala built solutions that improved lender certainty and sped up MBS closings. He also delivered innovative appraisal solutions using machine learning to reduce bias and costs for borrowers. His leadership has driven impactful business innovations while enhancing the safety and security of Fannie Mae’s platforms.

Name:

Vinay Vangala

Title:

Vice President

Company Name:

Fannie Mae

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