Fannie Mae Reviews

Updated October 19, 2014
Updated October 19, 2014
452 Reviews
3.3
452 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
112 Ratings

Review Highlights

Pros
  • If you go in with your eyes open, it can be a stable environment with good work/life balance (in 74 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)

  • Petty management, lots of rot in middle management, corporate culture still very old-school (in 11 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.  

    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.

  3.  

    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
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  5.  

    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
  6.  

    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
  7.  

    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
  8.  

    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
  9.  

    Good place to work but could be better

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

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

    Pros

    Benefits are top notch, decent pay, smart people, career opportunities

    Cons

    Management needs more training, a lot of executives bring in "their people", lack of diversity in executive space, relationships trump hard work

    Advice to ManagementAdvice

    Listen to your employees about management

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great place to work if you aren't trying to get rich

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

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

    Pros

    Smart coworkers
    Easy hours
    Flexible schedule
    Graduate school reimbursement
    Recruiters are always contacting you for new jobs elsewhere

    Cons

    Pay is low for financial services due to the fact that Treasury gets all profits (per terms of conservatorship). Bonuses for people like me (late 20s) are low compared to other financial services companies.

    Advice to ManagementAdvice

    Unfortunately there's nothing they can do. Conservatorship is terrible. It is essentially a government job.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11.  

    This is not a credible company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Chicago, IL
    Former Employee - Business Analyst in Chicago, IL

    I worked at Fannie Mae full-time (more than 10 years)

    Pros

    If you have a family there are good benefits.

    Cons

    Not a good company to work for with regard to how they treat employees who speak up, They do not treat all employees the same. They can and will get away with nonethical practices. Very political. Low Morale -- especially amongst employees who have worked at this company for 10+ years

    Advice to ManagementAdvice

    It starts from the top down. Once management changes their attitude and way of treating people their direct reports will follow suit.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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