Fannie Mae

www.fanniemae.com
Employer Engaged

Fannie Mae Reviews

Updated February 26, 2015
Updated February 26, 2015
322 Reviews
3.4
322 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
322 Ratings

Review Highlights

Pros
  • If you go in with your eyes open, it can be a stable environment with good work/life balance (in 78 reviews)

  • Fair compensation and benefits as compared to most companies this size (in 20 reviews)


Cons
  • Change is bad to senior management - technology used to be empowered to provide value to the business (in 19 reviews)

  • work/life balance varies from dept to dept, manager to manager (in 8 reviews)

More Highlights

322 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fannie Mae

    Pros

    Well compensation and benefits package

    Cons

    Leadership less growth opportunity different culture

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Great company to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Washington, DC
    Current Employee - Associate in Washington, DC

    I have been working at Fannie Mae full-time (more than a year)

    Pros

    Very intelligent people, interesting work, opportunities to strategize and have a meaningful impact, good pay and benefits, exciting time of change. Generous vacation and retirement plans.

    Cons

    Heavily regulated and slow to change. Not able to be very innovative.

    Advice to ManagementAdvice

    Prepare to compete in the future with new technology and products.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    It's A Job

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Dallas, TX
    Current Employee - Anonymous Employee in Dallas, TX

    I have been working at Fannie Mae

    Pros

    The company cares about the work/life ratio. Good benefits overall. No one breaths down your neck as long as you meet your metrics.

    Cons

    Poor lower level management - most are not good people managers

    Advice to ManagementAdvice

    Promotion should be based on merit not favoritism

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    A great place to work but challenging for women at the top

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fannie Mae

    Pros

    Smart, dedicated people who know their stuff in a work environment that's pretty balanced. Pay is very good relative to other places.

    Cons

    Tough for women at senior management levels; hard to get a handle on the future of the organization; stymied by regulator

  6.  

    Fun friendly environment with good work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Engineer I in Washington, DC
    Current Employee - Financial Engineer I in Washington, DC

    I have been working at Fannie Mae full-time (more than a year)

    Pros

    Plenty of interesting and intellectually stimulating challenges, especially in the finance and accounting areas. Learn a lot of details about the mortgage industry from subject matter experts.

    Cons

    Very busy sometimes. Occasionally a big project gets kicked into overdrive and it's all hands on deck. Lots of systems using ancient technology, light years behind the current state of the art.

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
  7.  

    Great Benefits but no Room for Growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fannie Mae

    Pros

    Very good Base pay and Cash Bonus + 401K contributions

    Cons

    Lot of Vendors and Outsourcing. Not much development in house.

    Advice to ManagementAdvice

    Stop Outsourcing and reduce no of vendors.

    Recommends
    No opinion of CEO
  8.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fannie Mae

    Pros

    Professional atmosphere and great pay

    Cons

    Very few cons - great place

  9.  

    Great company to work for as a stepping stone in your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accounting Manager in Washington, DC
    Current Employee - Accounting Manager in Washington, DC

    I have been working at Fannie Mae

    Pros

    Salary and benefits are very competitive
    Challenging and complex work
    Opportunity to work with very talented individuals
    Work-life balance can be okay depending on which group you are in

    Cons

    Extremely political environment
    Difficult to advance in the organization
    Culture is very passive/aggressive
    Decent training is provided for upper management only

    Advice to ManagementAdvice

    Unless you make changes so people can move up within the organization, you will continuously have entire groups with mostly new employees trying to learn this very complex business.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    financial analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in Herndon, VA
    Current Employee - Financial Analyst in Herndon, VA

    I have been working at Fannie Mae

    Pros

    lots of things to learn; products are interesting.

    Cons

    messy mgmt, lots of politics.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Socialist Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriter in Dallas, TX
    Current Employee - Underwriter in Dallas, TX

    I have been working at Fannie Mae full-time (more than 5 years)

    Pros

    The pay and benefits are good. The company promotes volunteering in the local community. The company allows working from home subject to manager approval.

    Cons

    Employees are measured by comparison with their peers. Employee performance outside the average range of peers, whether positive or negative, is discouraged. Employees who make suggestions are considered malcontents. Employees that ask questions are considered incompetent. Fannie Mae is a Government Sponsored Entity that has a highly political culture without the government job benefits of job security and secure retirement.

    Doesn't Recommend
    Negative Outlook

Work at Fannie Mae? Share Your Experiences

Fannie Mae

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.