I applied online. The process took 1 day. I interviewed at Freddie Mac (McLean, VA) in May 2010
Interview
Basically, it is a series of situational and behavioral questions. One such question is, describe a situation in which you were leading someone and had to reprimand him/her. How did you approach them? How did you interact with them? Answers can be drawn from all past experiences, job, school, and life in general.
Interview questions [1]
Question 1
Describe a project in which you were able to come up with a solution that improved the way your job is done. It was something to that effect.