Fannie Mae

  www.fanniemae.com
  www.fanniemae.com

Fannie Mae Reviews

Updated November 13, 2014
Updated November 13, 2014
475 Reviews
3.3
475 Reviews
Rating Trends

Recommend to a friend
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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
122 Ratings

Review Highlights

Pros
  • If you go in with your eyes open, it can be a stable environment with good work/life balance (in 75 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 7 reviews)

More Highlights

300 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    I LOVE my job!!!!!!!!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Specialist in Philadelphia, PA
    Current Employee - Credit Specialist in Philadelphia, PA

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

    Pros

    I have worked at home (WAH) for more than half of my time at Fannie Mae. I have had 5 Managers in almost 5 years of working here, as a Contractor, Term Employee and permanent full time employee. I have adored 4 of them, and worked well with the other. I have gotten tremendous learning opportunities and offers of promotions (which I have chosen not to take for personal reasons). The benefits are good, including health, dental, vision, life insurance, short and long term disability and a 401(K) match of 6 percent, plus an additional 2 percent! There is constant training which helps me improve my knowledge and skills.

    Cons

    Sometimes I feel a little insecure in my job stability. There is constant and repetitive QC of work. The offer of WAH is flip-flopped depending on the production requirements, so it cN be hard to plan sometimes.

    Advice to ManagementAdvice

    Let workers whose production and quality of work can be qualitatively and qualitavely assessed work at home. It is better for morale, employee satisfaction, the environment - and, quite frankly, could save you money in rent for fewer accommodations for employees coming into the office to work.

    Recommends
    Approves of CEO

    Fannie Mae Response

    Nov 13, 2014Company Representative

    Thank you for taking the time to share your positive experience working at Fannie Mae. It’s great to hear that you have been taking advantage of the learning opportunities and valuable trainings at ... More

  2.  

    intern

    • 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 as an intern (less than an year)

    Pros

    very high quality employees with excellent performance

    Cons

    very fast working speed and stressful workload

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good internship, smart people

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Current Employee - Intern
    Current Employee - Intern

    I have been working at Fannie Mae as an intern

    Pros

    brilliant people, very approachable, intern program is well put together and it is clear they want you to succeed

    Cons

    some of the other interns were very unprofessional, made me concerned reflected badly on the entire group.

    Advice to ManagementAdvice

    should have vetted intern hires better/ maybe managed some more.

    Approves of CEO
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  5.  

    Great Experience

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

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

    Pros

    The people here are some of the smartest people I've ever been around. Opportunity for promotion for driven individuals

    Cons

    Bureacracy is an issue at Fannie Mae. Decision making may have to go through layers of management. The technology at Fannie is atrocious. Getting access is a nightmare.

    Advice to ManagementAdvice

    -

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Employee

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

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

    Pros

    Great pay and generous benefits, talented coworkers, fantastic company working to do a great service for American families.

    Cons

    Can't think of anything really. Overall, coworkers and management are great, environment is great, interesting work, etc.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Good

    • 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 as a contractor (more than an year)

    Pros

    Good work and life balance

    Cons

    Personal growth not much except good business knwoledge

    Advice to ManagementAdvice

    None

    Recommends
    No opinion of CEO
  8. 1 person found this helpful  

    Excellent place to work

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

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

    Pros

    Compensation, benefits, work/life balance, work from home

    Cons

    Management, politics, advancement opportunity, politics

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    It was a great experience to enhance my skills.

    • 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

    Great work/life balance, people, college grant of 10K a year, sick days.

    Cons

    This is one of the best companies that I have worked for

    Advice to ManagementAdvice

    Great Management

    Recommends
  10.  

    Great!

    • 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 (more than an year)

    Pros

    Nice people, good pay and benefits, manageable workload, flexibility, work life balance, listening ear of management, and team oriented culture

    Cons

    It seems as though many teams are short staffed which comes off as desperate when trying to hire. It reduces the negotiating power of Fannie when it comes to recruiting.

    Advice to ManagementAdvice

    Distribute work evenly amongst employees based on staffing needs and hire skills that are lacking

    Positive Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Great company to work for overall!!

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

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

    Pros

    Great work/life balance, smart people, dynamic environment with great growth opportunities
    Leadership is constantly trying to improve; Open communication

    Cons

    Regulator controlled environment, Outdated technology and system issues
    Some groups may not be managed very effectively

    Advice to ManagementAdvice

    Introduce coaching culture for more openness and trust among employees and managers

    Recommends
    Positive Outlook
    Approves of CEO

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