Fannie Mae Reviews

Updated March 24, 2015
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3.4
330 Reviews
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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
144 Ratings

330 Employee Reviews

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  1. Fannie Mae is a Great Place

    • 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

    Great Management
    Good Work Life/Balance
    Great Benefits
    Many areas to develop in

    Cons

    Some Managers lack direction
    Not a lot of room to get projects depending on your department

    Recommends
    Positive Outlook
    Approves of CEO
  2. Good Benefits, flexible hours, limited upward mobility.

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

    I have been working at Fannie Mae

    Pros

    Great Benefits, 401k matching up to 6% plus an extra 2% per month. The work environment is laid back, but it really depends on what department you are in as I have seen varying differences in flexible hours and work from home opportunities.

    Cons

    Not all departments work by the same rules. I have been here for 1.2 years and have yet to see one promotion within the group. Some folks I have talked to have been here over 5 years and never been promoted.

    Advice to ManagementAdvice

    Get all department on the same page. If you allow one group to work from home 2 days a week, then you should allow all departments to do the same. Also promote within the department, almost all open rec's have been filled internally but with people from outside the department.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 2 people found this helpful

    Good place

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fannie Mae

    Pros

    Good work life balance. Good learning for new grad.

    Cons

    It will have some changes soon. Don't know how it goes in the future

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Company in transition

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

    I have been working at Fannie Mae full-time (more than 10 years)

    Pros

    Considerable change underway to best position for future success. Strong focus on building new infrastructure and customer centricity. Incredibly smart and qualified employees. Company has a strong strategic focus and is exceptional during times of crisis.

    Cons

    Inconsistency in management, especially at the low-officer level. Apparent focus on external hiring, but often individuals with mixed managerial expertise affecting moral of existing staff. Inconsistency between business units, especially relative to expectations of staff and management.

    Advice to ManagementAdvice

    Focus on employee development and growth. Tomorrows leaders are currently on staff - identify and develop them. Improve career growth opportunities for all qualified employees. Shed unnecessary or non-performing staff regardless.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful

    Fannie Mae is great.

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

    I have been working at Fannie Mae full-time (more than 3 years)

    Pros

    Management promotes word life balance

    Cons

    Lack of clear career track

    Recommends
    Positive Outlook
    Approves of CEO
  7. Positive experience working as a Project Manager I on a large scale strategic initiative for Fannie Mae.

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

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

    Pros

    Competitive Salary
    Smart people
    Opportunity to move to other areas

    Cons

    Complex culture
    Lack of networking and training opportunities

    Advice to ManagementAdvice

    Promote better integration between departments.

    Recommends
    Neutral Outlook
  8. 1 person found this helpful

    Director

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

    I have been working at Fannie Mae full-time (more than 8 years)

    Pros

    Good work life balance
    Smart employees

    Cons

    Uncertainty about the future
    Promotions based on who not what yo know

    Advice to ManagementAdvice

    Be more transparent.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 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
  10. 2 people found this helpful

    This is not your uncle's Fannie Mae...

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

    I have been working at Fannie Mae as a contractor (less than a year)

    Pros

    The close commute to and from home. Convenient, free garage parking. Proximity to restaurants for lunch, gym, retail and banking.

    Cons

    Too many unqualified "technical" H1-B visa holders have overrun the company. Frankly, most are not out of the box thinkers. Too much group think and collaboration to come up with an answers to simple queries. Rote environment and procedures. It felt like working at a factory.

    Advice to ManagementAdvice

    Putting five or more unskilled, lower waged individuals together does not equal one competent technical professional. Management exploits foreign labor pool and as a result has damaged daily operations and morale.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 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

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