Fannie Mae Reviews

Updated October 24, 2014
Updated October 24, 2014
457 Reviews
3.3
457 Reviews
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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
113 Ratings

Review Highlights

Pros
  • If you go in with your eyes open, it can be a stable environment with good work/life balance (in 75 reviews)

  • great benefits and flex hours; great for learning all aspects of housing market (in 40 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 7 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Proud to have had the opportunity

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

    I worked at Fannie Mae full-time (more than an year)

    Pros

    Industry leader. An atmosphere that is professional and satisfying. Location of office offers easy commutes from a wide variety of residential communities supportive of great family environments.

    Cons

    Process of having an employee status for long term hope of career is governed by stages of contractor and term contract status.

    Advice to ManagementAdvice

    Remain focused on long term objectives

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Rewarding Opportunity

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

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

    Pros

    Compensation, People, Interesting Work, Location, Training Available

    Cons

    Leadership, Long Hours, Challenging to move to the next level

    Advice to ManagementAdvice

    Flexible Work Schedule

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Best if you join as a Full Time Employee, Contractor beware!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Engineer in Reston, VA
    Current Employee - Systems Engineer in Reston, VA

    I have been working at Fannie Mae full-time (less than an year)

    Pros

    Great benefits; One of the best in the industry. Working hours are flexible, but you need make yourself available during core business hours Monday - Friday. Option to work in any of the locations in the DC Metro area is a plus.

    Cons

    If you are a Contractor, be aware that there are 2 to 3 weeks of furlough that occurs at the end of the year. Ask your contracting company about the furlough, because you could end up not making any money for up to 3 weeks. Negotiate a slightly higher rate to compensate for this. You have been warned.

    Advice to ManagementAdvice

    Keep up the good work and keep hiring the best talent you can find.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Challenging and exciting projects!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fannie Mae

    Pros

    Great place to learn. Good team work.

    Cons

    None that I can think of.

  6.  

    Support Single Family WLC process and is a subject matter expert on FAS65 Tagging and Collateral Management and Hedging

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

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

    Pros

    compendsation is good, flex working hours. good work/life balance. they have a good understanding that people need to have a life outside of work

    Cons

    As a contractor, it's not stable, there is 3000 hours limits . fannie mae has been going downhill for a long time.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    intern

    • 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 as an intern (less than an year)

    Pros

    very high quality employees with excellent performance

    Cons

    very fast working speed and stressful workload

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Good internship, smart people

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Current Employee - Intern
    Current Employee - Intern

    I have been working at Fannie Mae as an intern

    Pros

    brilliant people, very approachable, intern program is well put together and it is clear they want you to succeed

    Cons

    some of the other interns were very unprofessional, made me concerned reflected badly on the entire group.

    Advice to ManagementAdvice

    should have vetted intern hires better/ maybe managed some more.

    Approves of CEO
  9.  

    Great company to work for

    • 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

    Good benefits, co worker, understanding management

    Cons

    Busy all the time. Work life balance is hard to Get

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Great Experience

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

    I have been working at Fannie Mae full-time (more than an year)

    Pros

    The people here are some of the smartest people I've ever been around. Opportunity for promotion for driven individuals

    Cons

    Bureacracy is an issue at Fannie Mae. Decision making may have to go through layers of management. The technology at Fannie is atrocious. Getting access is a nightmare.

    Advice to ManagementAdvice

    -

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great benefits, low stress, but company is going downhill.

    Current Employee - Data Systems Security Specialist III in Washington, DC
    Current Employee - Data Systems Security Specialist III in Washington, DC

    I have been working at Fannie Mae full-time (more than 10 years)

    Pros

    Long vacation, short work hours (if you want) and good benefits package.

    Cons

    Getting anything done is nearly impossible. SO much bureaucracy.

    Advice to ManagementAdvice

    Remove barriers.

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