Fannie Mae

www.fanniemae.com

Fannie Mae Reviews

Updated January 26, 2015
Updated January 26, 2015
496 Reviews
3.3
496 Reviews
Rating Trends

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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
135 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

127 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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
  2. 1 person found this helpful  

    Great company

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

    I worked at Fannie Mae (more than a year)

    Pros

    great people to work with. excellent training. very challenging. all hours of work available

    Cons

    non to think of at this time

    Advice to ManagementAdvice

    great place to work for.

    Recommends
    Positive Outlook
  3. 1 person found this helpful  

    Excellent Learning & Challenges

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

    I worked at Fannie Mae full-time (more than 3 years)

    Pros

    My experience at Fannie Mae was very positive. Very bright colleagues and intelligent group of people to work with. Strong drive to manage your own career, ideal if you're a self starter.

    Cons

    Very political, disjointed management at times.

    Advice to ManagementAdvice

    It's important to continue to distinguish the strong people managers from the individual contributors. A lot of strong talent at FNMA being neglected due to the lack of leadership.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Uncertain Future

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

    I have been working at Fannie Mae

    Pros

    The work life balance in my department is better than most. The pay is better than most, and the benefits are significantly above industry average.

    Cons

    There are many outside factors that will determine the future. Being faced with that uncertainty every day is difficult.

    Advice to ManagementAdvice

    Work much harder at following your words with actions. Work even harder to retain and promote mid level managers to build directors from within and avoid losing valuable institutional knowledge.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Good Benefits

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

    I have been working at Fannie Mae

    Pros

    Overall good benefits and very good vacation policy.

    Cons

    Work is slowing down and there is little room for growth.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Solid company and benefits, but future uncertain while under conservatorship

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

    I worked at Fannie Mae full-time (more than 3 years)

    Pros

    Solid company experience overall, having started as a consultant during restatement and then converted to employee. Benefits are for the most part quite good though a few things need improvement. Work/life balance is good, depending on organization, direct management, and company situation at the time.

    Cons

    Not a lot of opportunity for growth internally, and company is drowning in politics

    Advice to ManagementAdvice

    Provide more growth opportunities for your hard working employees. Minimize the internal politics and just get things done. One of these days the conservatorship blanket will be lifted, and the company can soar with a sound future mission (assuming US politics don't hamper this) if the company would do a better job of retaining top talent and promoting from within, and cuts through internal politics. Would also recommend increasing bonus structure as they are currently well below banks...while they may never get to the bank levels (and arguably shouldn't) they should be closer than they are. Also recommend doing away with the 1/3 bonus deferral until the next year. Pay for the hard work now.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good work/life balance

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

    I worked at Fannie Mae full-time (more than 8 years)

    Pros

    Fannie Mae manages to hire smart people and keep them around. I felt it was a great work environment and management respected my free time. When I left work, I was gone. I wasn't expected to log in at night or work ungodly hours. I worked hard while at work, but was able to let it go after I walked out the door.

    Cons

    Almost impossible to get rid of people who aren't pulling their weight or causing problems.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    My thoughts about the company

    • 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 full-time

    Pros

    Have various of financial products in company's portfolio that you can learn a lot. Salary and benefits are satisfied.

    Cons

    Somehow bureaucracy. Have to sacrifice efficiency or profitability to meeting surveillance requirements. There is no clear career path in terms of getting promotion.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    FC Specialist

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

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

    Pros

    Excellent benefits, professional company, lots of training.

    Cons

    Very stressful at times, Sometimes overlooked because of management favoritism.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  11.  

    Fannie Mae Culture

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

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

    Pros

    Great long-term potential with excellent benefits.

    Cons

    Lack of real training modules. A big dependency on other coworkers to learn.

    Advice to ManagementAdvice

    A more efficient way of training employees would save lots of time.

    Recommends
    Positive Outlook
    Approves of CEO

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