Fannie Mae Reviews

Updated April 26, 2015
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3.3
542 Reviews
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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
147 Ratings

Pros
  • If you go in with your eyes open, it can be a stable environment with good work/life balance (in 78 reviews)

  • Fair compensation and benefits as compared to most companies this size (in 20 reviews)

Cons
  • Change is bad to senior management - technology used to be empowered to provide value to the business (in 19 reviews)

  • work/life balance varies from dept to dept, manager to manager (in 8 reviews)

More Pros and Cons

Employee Reviews

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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

  2. Good intentions but bogged by beauricracy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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.

  3. Credit Risk Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Risk Manager in Washington, DC
    Current Employee - Credit Risk Manager in Washington, DC

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

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Great, intelligent people with a true willingness to help

    Cons

    Silos, over-engineering of processes and bureaucratic

    Advice to Management

    Focus on improving people as managers and listen for feedback from those who are being managed

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  5. Analyst

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

    I have been working at Fannie Mae as a contractor

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    The best company I've worked for. The benefits and flexibility are great!

    Cons

    Hard to move around or up in the company.

    Advice to Management

    hire based on experience, not because you are friends with the person

  6. Lead System Analyst

    • 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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Very good work culture in place

    Cons

    Need to improve on the process

    Advice to Management

    Very good employee recognition in place

  7. Project Analyst III

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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

  8. Great organization, great partners

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

    I worked at Fannie Mae full-time

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Excellent support and opportunities. One of the best firms that I have been involved with in the last 10 years. An excellent portfolio of opportunities. Great benefits and a forward looking company.

    Cons

    There are no negative things I have to say about Fannie Mae. I was always engaged on success orientated projects and once completed had ample opportunity to find a new niche for myself.

  9. Underwriter Support

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

    I worked at Fannie Mae full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Flexible work schedules, seasoned employees, high attention to excellence.

    Cons

    Antiquated systems, high pressure, work environment is old

  10. Project Manager III

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

    I have been working at Fannie Mae (More than 10 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Work/Life Balance, Compensation, the people

    Cons

    Management, I imagine it's a hard place to learn

  11. Sr. Developer Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Developer in Washington, DC
    Current Employee - Senior Developer in Washington, DC

    I have been working at Fannie Mae

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

    Pros

    Great place to work. Work life balance

    Cons

    Lot of management overhead.

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