Fannie Mae Reviews

Updated August 27, 2015
570 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset
3.4
Rating Trends
Recommend to a friend
Approve of CEO
Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
158 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

570 Employee Reviews

Sort: Popular Rating Date
  1. Credit standard specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Standards Specialist in Philadelphia, PA
    Current Employee - Credit Standards Specialist in Philadelphia, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time (More than 5 years)

    Pros

    I love my job because it constantly teaches me new things every day. Industry is constantly changing, and I am forced to stand top of all of those changes. It creates new neurons in my brain. My job is staving off Alzheimer's disease.

    Cons

    Always nervous about layoffs so I do the best that I can to stay actively involved and employed.

    Advice to Management

    Reassure your employees that if they do a good job they will keep their job.


  2. Currently Employed

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

    I have been working at Fannie Mae (More than 5 years)

    Pros

    the pay scale, work life balance, the corporate mission, the benefits

    Cons

    leadership, culture, hierarchy, dated technology


  3. Wonderful People, Great Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    High caliber, talented and experienced workforce, intellectually challenging work. Purposeful mission driven culture. Generally a good work/life balance with good compensation and benefits.

    Cons

    The organization can be bureaucratic at times and is subject to extensive oversight by its regulators. The company's future is partly out of its control and will be decided (someday) by congress.

    Advice to Management

    Continue to push the company to evolve and prepare it to be a strong competitive force in the mortgage market. Encourage more movement internally to allow employees to experience more of the company.


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


  5. good paymaster in dc metro

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

    Pros

    Good Pay in DC mtero

    Cons

    Bad work culture lot of internal politics


  6. Excellent Opp for Project Managers

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Virginia in Reston, VA
    Current Employee - Virginia in Reston, VA
    Recommends
    Positive Outlook

    Pros

    Great company to work. Nice environment with lot of opp

    Cons

    Too many people with the same designation in the same project, lot of collisions between people

    Advice to Management

    20190


  7. Testing Consultant

    Former Employee - Anonymous Employee in Herndon, VA
    Former Employee - Anonymous Employee in Herndon, VA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    flexibility of timing, standard templates for documentation, typical SDLC, high consulting rates

    Cons

    Large number of Indian people makes it uncomfortable for non Indian, due to over usage of Indian regional language usage at work


  8. Good Company to Work For

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Washington, DC
    Former Employee - Business Analyst in Washington, DC
    Recommends
    Positive Outlook

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

    Pros

    Good Benefits. Diverse Environment. Great values and lots of volunteer opportunities with local communities. Good growth opportunities and personal development opportunities.

    Cons

    Culture is a little boring. Due to the many restrictions the government conservatorship has put on Fannie, many of the employee social and dynamic events have been eliminated. No Christmas parties, no social events, etc..


  9. Fannie Mae - the home of layoffs

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Asset Manager_ITAM Systems Analyst in Washington, DC
    Former Employee - Software Asset Manager_ITAM Systems Analyst in Washington, DC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Fannie Mae (More than 3 years)

    Pros

    Great benefits and co-workers.

    Cons

    Too many layoffs - at least one a quarter


  10. Wonderful Experience

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

    I worked at Fannie Mae (More than a year)

    Pros

    Offers great work-schedule flexibility (many people work from home one day a week) and lots of opportunities for growth within the company. The management is also phenomenal and really cares about their employees.

    Cons

    The bureaucratic nature of the organization slows down work-flow considerably at times. Have to deal with numerous levels of approval for simple things, such as downloading Microsoft Office onto your computer.


  11. great company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Economist in Washington, DC
    Current Employee - Financial Economist in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time (More than 5 years)

    Pros

    Good benefit, good corporate culture (where nobody is backstabbing anyone), reasonable working hours, tuition assistance.

    Cons

    Too many mass e-mails. Technology replacement and adoption is slow. IT process plagued by bureaucracy.

    Advice to Management

    Improve process management, employee technology management.



Showing 570 of 625 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.