Fannie Mae Reviews

Current Employee – been working at Fannie Mae full-time

Pros – Treat employees well, great compensation and benefits.

Cons – Always talk of Fannie Mae in the news, uncertain of companies future.

Current Employee – been working at Fannie Mae full-time for more than 7 years

Pros – Generous 401k match, very flexible work from home schedule

Cons – It's hard to be promoted

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Fannie Mae full-time for more than 10 years

Pros – Job stability, pay, training and great benefits.

Cons – Energy spent on non-productive issues.

Advice to Senior Management – Spend too much time on unnecessary issues; need time to focus on real issues and actual work.

Current Employee – been working at Fannie Mae full-time for more than 3 years

Pros – Work at the center of housing finance with smart people doing ambitious things. We have bonus pool and merit raises back although they are limited. Very flexible workplace. Lots of the benefits of a finance company with more flexibility and laid back atmosphere.

Cons – Of course there is lots of bureacracy since it is a large company. Plus there is uncertainty about the future. Can be very political.

Advice to Senior Management – Keep doing what youre doing. Moving in the right direction.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Fannie Mae full-time for more than 7 years

Pros – The company offers good benefit and pays well in the greater DC metro area. If the company can keep strong performance as it did in 2012, it is definitely worth staying if you can put up with the management.

Cons – A few talented people, but more nuts running the company
Mid management can be difficult to work with, but that's most of people have to deal with.
Promotions are not just tied to the performance (sometimes not at all), but depends on personal relationships.
The company is in conservatorship, and no one knows where it is going

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Fannie Mae full-time

Pros – On a down trend, get much as you can

Cons – Good benifits with many vacation days

Advice to Senior Management – Too much politics

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Fannie Mae as a contractor for more than a year

Pros – Location, salary, friendly environment, good people

Cons – Regulations, aging technology infrastructure, location

Advice to Senior Management – Allow for newer tools

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Fannie Mae

Pros – Great Money and great hours

Cons – Very Tedious Desk related Work

Advice to Senior Management – Keep the Employees more involved

Yes, I would recommend this company to a friend

Current Employee – been working at Fannie Mae full-time for less than a year

Pros – Competitive pay, extremely easy work (though pointless or meaningless at times) flexible work arrangements, constant change for those who have occupational ADD, work/life balance is excellent, great offices in Herndon/Reston. If you can tolerate "pretend work" for grossly inflated compensation in comparison to what is expected, then Fannie Mae is the best place to work around. If you want to climb the corporate ladder and advance quickly, nuzzle up to a Senior Executive and do everything you are told, otherwise use your brains and look for truly meaningful work elsewhere.

Cons – Poor communication, hard to keep up with constant change, several groups/people duplicating effort or going a different direction, shoot-from-the-hip "strategic" planning, work efforts seem impulsive without attention to long term goals, worthless/repetitive meetings without agendas/action items, lots of meetings but nothing is actually accomplished, group think and acquiring consensus/approval is extreme, mindless projects = "progress," project efforts are critical one week then non-existent the next, smart managers but who are very quickly seduced by the corporate kool-aid, no one seems to really know where we are going or how we are going to get there, gossip, passive aggressive co-workers who are easily threatened, aversion to new ideas with certain processes ("this is how we do it here"), intense dislike for contractors, constant flux of insourcing then outsourcing and vice versa, too much broad/vague corporate motivational/principles crap. FNMA tries waaaay too hard to label itself a world class company when it is really a chaotic mess with an average workforce at best.

Advice to Senior Management – Trying to think of something constructive or at least clever to say here, but I guess all I can come up with is it this - it seems we are ALL pretending in our over-staffed, non-essential support roles. And, personally, I'm okay with that, but please stop pretending like you care about my career or how much work I appear to be doing. I'll stay on top of those TPS reports for 37.5 hours every week if it means I can take my family to a nice dinner now and again. Deal?

Yes, I would recommend this company to a friend

Current Employee – been working at Fannie Mae full-time for more than 10 years

Pros – It is nice to work with dedicated folks, and the physical plant is acceptable, although inconsistent from one office to another

Cons – Managment is not very involved, there is an incredible amount of work to be done with considerable resource constraints and too many varied tasks with too much key person dependency

Advice to Senior Management – Be more pro-actively involved in the work.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company