Fannie Mae Reviews

Updated May 23, 2015
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3.3
556 Reviews
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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
156 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. Helpful (1)

    A great company to work for

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

  2. Claims Specialist

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

  3. Working at Fannie Mae

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

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


  5. Loan Officer

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fannie Mae

    Pros

    Worked in a cradle to grave shop. Great to have processors and underwriters nearby.

    Cons

    Low pay and limited product offerings

    Advice to Management

    Bring back the cradle to grave model.

  6. Good place overall

    • 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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Stimulating work atmosphere because there are very qualified people, Exposure to different areas.

    Cons

    Slow pace of work, slow growth prospects because of low turnover

    Advice to Management

    Management is doing a good job

  7. Competitive Comp/Poor work life balance

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

    I worked at Fannie Mae (More than 5 years)

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

    Pros

    Competitive compensation. Strong commitment to execution.

    Cons

    Poor work life balance. Frequent shift of priorities. Conservator frequently shifts priorities.

  8. great place to work

    • 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
    Recommends
    Positive Outlook

    Pros

    It is great to work with really smart people. There is so much you can learn from your peers. Good benefit, flexible schedule.

    Cons

    a somewhat geeky environment may not be ideal for some people.

  9. Fantastic!

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

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

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

    Pros

    Interesting and challenging work, great culture of giving back to the community, good pay and benefits, important function for the US housing market and the economy as a whole.

    Cons

    Some poor performers spoil the culture at times, and not everyone pulls their weight when it comes to meeting goals and deadlines.

    Advice to Management

    Remove employees who are poor performers and continue to develop a culture of continual improvement and efficiency.

  10. Los

    • 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
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexible work arrangement, , 10k/year tuition reimbursement, 10k Employer Assistant Housing,

    Cons

    Pay scale in certain departments

  11. Helpful (2)

    Bad Management

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

    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

    Pays well, smart people for the most part

    Cons

    Because of layoffs / turnover, unqualified people in management positions. Also, everyone seemed to be looking out for themselves.


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