Fannie Mae Reviews

Updated April 16, 2015
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3.3
534 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

Sort: Popular Rating Date
  1. 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

  2. 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.

  3. 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

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  5. 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.

  6. Director

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

    I worked at Fannie Mae

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Good Benefits and work/life balance

    Cons

    Company is undergoing major changes

  7. Accounting Manager

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

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

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

    Pros

    Good benefits and competitive salary. Company prides itself in hiring highly qualified employees and so the workforce is educated and very professional.

    Cons

    Promotions are not tied to ability but to office politics. Company has a very false annual evaluation process that while it is suppose to be calibrated is very skewed. Routinely requires that 5%-10% of its workforce will be rated as off course at year end. These individuals are then laid off in February.

  8. Great people to work with; company is a bit top heavy

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fannie Mae

    Pros

    Great workforce, positive atmosphere, and the commute isn't too bad.

    Cons

    Too many layers of management. Leads to ineffective decision making

    Advice to Management

    cut some layers out

  9. good financial package

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

    Pros

    nice environment.people are mostly nice

    Cons

    growth is not easy . growth is dependent on management sometimes

  10. Very positive

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

    I worked at Fannie Mae

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

    Pros

    Great pay and benefits. Good work/family balance.

    Cons

    Large company corporate culture. Little focus on retaining existing employees.

    Advice to Management

    Focus on retaining talent and providing upward mobility.

  11. Overall working at Fannie Mae was pleasant and rewarding. Fannie Mae had a fair work to family life balance too.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriting Standards Specialist III
    Former Employee - Underwriting Standards Specialist III

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

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

    Pros

    Production was reasonable, given projects, and learned alot- esp on the secondary market.

    Cons

    Having a business restructuring and downsizing. Instructional procedures were changing multiple times in one week. Many instances, a manager's team knew more information than the actual manager. Old computer software systems too.

    Advice to Management

    Be more connected to your team versus being in meetings 3/4 of everyday

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