Fannie Mae Reviews

Updated June 27, 2015
71 reviews filtered by
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3.3
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Approve of CEO
Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
29 Ratings

Pros
  • Fannie Mae has very good work-life balance atmosphere (in 78 reviews)

  • Very good compensation and benefits packages (in 20 reviews)

Cons
  • Senior management doesn't approve new hires quick enough in production environments (in 19 reviews)

  • Work life balance is hard to Get (in 8 reviews)

More Pros and Cons

71 Employee Reviews

Sort: Popular Rating Date
  1. Enjoyed Worked There

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

    I worked at Fannie Mae full-time (More than 8 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    A great company to work for, good salary, great benefits, good technology, and a good work life balance.

    Cons

    Internally destructive...say they are saving costs by outsourcing, but at the end of the day I don't think they are saving.

    Advice to Management

    Try and get out of Conservatorship.


  2. Helpful (2)

    Anonymous

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

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

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

    Pros

    Nice employees. Diversity. Inclusion. Business casual. Fair compensation. Fair benefits package. Internal training.

    Cons

    Bonuses, promotions and layoffs are not tied to job performance. Bureaucracy.

    Advice to Management

    Building new trophy office + threats of layoffs = miserable culture. Officers, leave your Prada and Christian Louboutin at home. Your loyal employees fear for their jobs.


  3. Helpful (1)

    Fannie Mae Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Education Specialist in Dallas, TX
    Former Employee - Customer Education Specialist in Dallas, TX

    I worked at Fannie Mae (More than a year)

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

    Pros

    Big company …. lots of easy rules to follow to play the game and advance your career.

    Cons

    Very clique-y management as well as a mix of micro-managing in some areas and too little in others.

    Advice to Management

    Listen to your staff and try to value them, their input, their individual personalities, and their effort.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    A great company to work for

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

    I worked at Fannie Mae full-time

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

    Pros

    Opportunities to learn and grow

    Cons

    No matter how good you are at what you do, if you do not network or brand yourself it will be hard to move up and around the company.


  6. Claims Specialist

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

    I have been working at Fannie Mae as a contractor (More than a year)

    Recommends
    Recommends

    Pros

    Pretty good coworkers, work level is great, lots of holidays, a wealth of information to learn

    Cons

    Contract employees aren't getting full-time opportunities, contract employee work from home opportunities are not across the board, due to being contract you aren't paid for the number of holidays they are closed

    Advice to Management

    Go back to the Contract to hire opportunities. If a person is good enough past 90 days give them full time opportunities for benefits for them and their dependants


  7. Helpful (1)

    Working at Fannie Mae

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

    I worked at Fannie Mae

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    FNMA has great benefits, the company is dedicated to providing opportunities for growth through free online resources and tuition reimbursement.

    Cons

    The culture, which is created and directed by management, is very liberal. There is a very evident bias toward certain people.

    Advice to Management

    Management is responsible for steering the ship. It seems and though team leads and lower level management could not be disseminated for the people they managed other than by the office door they close. In order to lead, one must create separation, thereby having the ability to enforce discipline or acknowledge accomplishment, when needed. My experience at Fannie Mae showed me that that culture prevented ineffective employees from being handled correctly. This should be changed.


  8. 10 years of Mortgage

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Servicing Specialist in Dallas, TX
    Former Employee - Loan Servicing Specialist in Dallas, TX

    I worked at Fannie Mae full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Work/Life balance, great manager, incredible income, great co-workers

    Cons

    Laying off large number of employees


  9. My experience at Fannie Mae was great. I learned a lot in a little less than two years.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Underwriting Support in Dallas, TX
    Former Contractor - Underwriting Support in Dallas, TX

    I worked at Fannie Mae as a contractor

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Pay was great and my manager was very flexible.

    Cons

    Not a lot of room for mobility for contractors


  10. Good intentions but bogged by beauricracy

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

    I have been working at Fannie Mae full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Benefits and pay are top notch

    Cons

    Too worried about CYA rather than just doing the right thing and moving onto the next thing.

    Advice to Management

    Empower your people to make a decision and not feel threatened that they'll be fired. Mistakes are how we grow and learn, embrace them, use them as coaching moments.


  11. Project Analyst III

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Great benefits and pay
    Good work-life balance

    Cons

    Uncertainty of future
    Lack of promotions



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