Fannie Mae Reviews

Updated August 27, 2015
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3.4
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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

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  1. 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


  2. 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.


  3. 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


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  5. Just Okay

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Loved the job, but not the politics.

    Cons

    No opportunities to grow. Promotions are based on who you know not skills, competencies and experience.

    Advice to Management

    Invest in and trust your employees.


  6. 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.


  7. Good and bad

    Current Employee - Business Analyst III in Arlington, VA
    Current Employee - Business Analyst III in Arlington, VA

    I have been working at Fannie Mae (Less than a year)

    Pros

    Flexible, great people, great benefits, great pay

    Cons

    Terrible people managers and very slow moving


  8. 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


  9. Great work-life balance / Company is shrinking not many opportunities

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Manager in Washington, DC
    Current Employee - Risk Manager in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Very good talent Great work-life balance Good compensation/benefits Plenty learning opportunities Nice environment

    Cons

    Very bureaucratic Company is shrinking (not many opportunities) Too much overlapping of responsibilities Technology support can be infuriating

    Advice to Management

    Hold on to the helm, policy decisions are very important to this company future as a going concern


  10. 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


  11. 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..



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