There are newer employer reviews for Fannie Mae

3 people found this helpful  

Depends on business unit- Single Family is great, Finance is awful culture, work and miserable leadership.

  • 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 an year)

Pros

reasonable pay/benefits, good office locations, a lot of smart people work there

Cons

no leadership, zero collaboration at the VP and above level so nothing gets done. Company performance is inconsequential (in how FHFA manages the company and its future) so officers and above are caught in a constant political witch hunt. This causes long and exhausting hours- to recreate things multiple times based on latest top-dog. Terrible morale, especially within Finance.

Advice to ManagementAdvice

start taking responsibility of the miserable state of Finance division's affairs

Doesn't Recommend
Negative Outlook
Approves of CEO

459 Other Employee Reviews for Fannie Mae (View Most Recent)

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  1. 2 people found this helpful  

    Could be great with cultural changes

    • 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, compensation is competitive, & the benefits are better than what most other private companies offer.

    Cons

    Unclear direction with work & uninformed, occasionally uninterested, management have created a tense working environment where true productivity is sacrificed for political objectives.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Fannie Mae Response

    Feb 4, 2014Representative

    Thank you for taking the time to review Fannie Mae. We take all reviews seriously and will pass it along to Senior Management.

  2. 1 person found this helpful  

    Life at Fannie Mae

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

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

    Pros

    Great Benefits for first time home buyers, commuters, life -work balance if you have an enlightened work group. Much better benefits and culture when compare to its rival Freddie Mac.

    Cons

    Fannie Mae is currently in receivership so its currently managed by the federal government or FHFA. The company is profitable and going through a revamp no one knows what to expect once the dust settles in a few years.

    Advice to ManagementAdvice

    Some Directors and VPs at the company stifle growth and originality. They also lack vision and should consider the value of a department or team Mission statement to guide growth and process improvements.

    Recommends
    Positive Outlook
    Approves of CEO
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