450 Employee Reviews (View Most Recent)

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Not too Bad

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

I worked at Fannie Mae

Pros

Great Money and great hours

Cons

Very Tedious Desk related Work

Advice to ManagementAdvice

Keep the Employees more involved

Recommends
Neutral Outlook
Approves of CEO

Other Reviews for Fannie Mae

  1. 1 person found this helpful  

    Not a good place for you, if you are looking for Professional environment

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

    I have been working at Fannie Mae part-time for more than 5 years

    Pros

    * You get to learn about the mortgage industry.
    * Lots of talented, hard-working people

    Cons

    * You are beeing watched all the time, like no one trust you.
    * Company has gone downhill the past few years, and there is a lot of uncertainty on where it is headed
    * Many employees stretched thin and stressed
    * Expect to be on call 24/7 and work overtime on a regular basis, and with no additional compensation or comp time
    * Incredible amount of work to be done by too few employees who have limited access to resources
    * Very little time to learn the applications and train
    * Too many processes with too much dependence on a few key people
    * Too much complexity in the applications
    * Management seems to want to push their work onto the employees
    * Toxic work environment with lots of bickering and tons of office politics
    * Management wants to create a barrier between contractors and regular employees
    * Turnover is high with many people leaving in less than 1 year (no surprise given the above points)

    Advice to ManagementAdvice

    Employees are not Sheeps, they can only work 8 hours productively

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Working for Fannie Mae

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

    I worked at Fannie Mae as a contractor for more than a year

    Pros

    * You get to learn about the mortgage industry.
    * Lots of talented, hard-working people
    * You get experience which helps build your resume

    Cons

    * Company has gone downhill the past few years, and there is a lot of uncertainty on where it is headed
    * Many employees stretched thin and stressed
    * Expect to be on call 24/7 and work overtime on a regular basis, and with no additional compensation or comp time
    * Incredible amount of work to be done by too few employees who have limited access to resources
    * Very little time to learn the applications and train
    * Too many processes with too much dependence on a few key people
    * Too much complexity in the applications
    * Management seems to want to push their work onto the employees
    * Toxic work environment with lots of bickering and tons of office politics
    * Management wants to create a barrier between contractors and regular employees
    * Turnover is high with many people leaving in less than 1 year (no surprise given the above points)

    Advice to ManagementAdvice

    * Staff projects with sufficient number of employees
    * Make sure people are properly trained and have enough time to learn
    * Never mind who is a regular employee and who is a contractor - they all work for the same company so they should all work together
    * Simplify things

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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