Freddie Mac Reviews

Updated July 21, 2015
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3.0
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
42 Ratings

Pros
  • Freddie continues to offer a favorable work/life balance environment (in 61 reviews)

  • The company offers great benefits and flexible work hours (in 31 reviews)

Cons
  • Company is currently under conservatorship and company future is uncertain (in 12 reviews)

  • Hierarchical structure to senior management (in 23 reviews)

More Pros and Cons

156 Employee Reviews

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  1. QA Analyst

    Former Employee - Anonymous Employee in Frederick, MD
    Former Employee - Anonymous Employee in Frederick, MD

    I worked at Freddie Mac (More than 3 years)

    Pros

    Remote work Work Life Balance

    Cons

    Advancement opportunities lacking Constant changes


  2. Contractor Loss Mitigation Analysis Over Allowable/Consultant / REO Property Preservation Speciali

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contractor Loss Mitigation Analysis in Baltimore, MD
    Former Employee - Contractor Loss Mitigation Analysis in Baltimore, MD

    I worked at Freddie Mac (More than a year)

    Pros

    Great and wonderful place to work. My skills has grown during the time I have worked for the company.

    Cons

    Being a contract worker you are only able to work for a limit amount of time.


  3. Potential Of Company

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

    I worked at Freddie Mac full-time (More than 8 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Has a lot of smart people and has a great mission to make a difference.

    Cons

    Compensation levels are low and occasionally a lot of stress.

    Advice to Management

    Have consistent policies and compensate employees fair.


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  5. Valuation Risk Analytics Manager

    Current Employee - Valuation Risk Analytics Manager in Leesburg, VA
    Current Employee - Valuation Risk Analytics Manager in Leesburg, VA

    I have been working at Freddie Mac (More than 5 years)

    Pros

    The firm makes strong efforts to foster clear core values in collaboration and innovation. It also promotes work/life balance.

    Cons

    The company is in flux and the future state is very uncertain.


  6. Company in Flux

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Information Systems Security Senior in Reston, VA
    Current Employee - Information Systems Security Senior in Reston, VA

    I have been working at Freddie Mac

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    I am a previous employee but while i worked there it wasnt a bad company to work for. They have good benefits

    Cons

    There was a ton of upper management movement throughout the organization and the component that I worked for had no clear direction.


  7. Solid Company

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

    I worked at Freddie Mac full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good people, great benefits, good work life balance, good compensation. It is a place that you can go to and stay there forever if you are so inclined.

    Cons

    lots of process. "lots of this is the way we have been doing it for 30 years why should we change?". Very hierarchical. Pseudo Government

    Advice to Management

    Simplify processes. Move to a more pay for performance mentality. Offer volunteer retirement to some of the people that have been there for 25+ years...


  8. Technical Project Manager Sr

    Current Employee - Anonymous Employee in McLean, VA
    Current Employee - Anonymous Employee in McLean, VA

    I have been working at Freddie Mac full-time (More than 8 years)

    Pros

    Great Benefits Like 401K, Paid Vacation, Tution Reimbursement.

    Cons

    Growth Oppurtunities Limited, No Fair Treatment


  9. Adminstration

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

    I worked at Freddie Mac (More than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    I thoroughly enjoyed what I was doing at Freddie Mac.

    Cons

    The favoritism with some manager's and director's affects other staff members....especially when it is so obvious. Credit is not given fairly to other staff members, especially if they are not in "favor" with the director. It is very hard to hear 1 person being recognized for doing something that was accomplished by other co-workers at a dept meeting.

    Advice to Management

    Have faith in your team....and don't put down employee's in manager dept meetings as it always leeks out to the dept, and eventually to the person being talked about. Management is SUPPOSE to set an example, not create discord among the staff. Freddie Mac has a great culture & values policy, it's just a shame management doesn't use it.


  10. A nice place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contracts Professional in McLean, VA
    Former Employee - Contracts Professional in McLean, VA

    I worked at Freddie Mac full-time (More than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Very flexible. Great benefits and great people to work with.

    Cons

    Too many re-orgs. Upper management should talk to the employees more before making big changes.


  11. different

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Security Associate in McLean, VA
    Former Employee - Information Security Associate in McLean, VA

    I worked at Freddie Mac (More than 3 years)

    No opinion of CEO
    No opinion of CEO

    Pros

    The work life balance was good

    Cons

    Constant changing management Information security was extremely scrutinized. Never recognized for what was right, but always for what was wrong. The business side got awards for turning in reports on time, whereas the IT or Info Sec Teams hardly ever got recognized for anything good. Raises are few and way too far between depending on the team you work for.

    Advice to Management

    Keep it more stable. Instability in upper management is a big reason why retention rates are absolutely terrible among newcomers



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