Fannie Mae

www.fanniemae.com

Fannie Mae Reviews

Updated January 27, 2015
Updated January 27, 2015
496 Reviews
3.3
496 Reviews
Rating Trends

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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
135 Ratings

Review Highlights

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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great place to work

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

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

    Pros

    Fantastic benefits, including on-site emergency child care, vacation and sick leave, 401k, tuition reimbursement, etc. Good people to work with to achieve company's mission.

    Cons

    Numerous locations in DC metropolitan area and constant reorganizations may result in an unanticipated commute. Executives aren't the most friendly group to work for.

    Advice to ManagementAdvice

    Do more to make employees feel valued.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Great atmosphere working at Fannie Mae, my manager was great and helpful, He managed our project on time.

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

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

    Pros

    Great benefits, compensation and long vacations

    Cons

    I had long commute, so going to work everyday was little bit more challenging.

    Doesn't Recommend
    No opinion of CEO
  3.  

    Rewarding Opportunity

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

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

    Pros

    Compensation, People, Interesting Work, Location, Training Available

    Cons

    Leadership, Long Hours, Challenging to move to the next level

    Advice to ManagementAdvice

    Flexible Work Schedule

    Recommends
    Neutral Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Overview

    • 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

    Pros

    Excellent benefits and good work environment, pay comparable to industry standards.

    Cons

    Currently in conservatorship and going through some restructuring/reorganization.

  6. 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 a 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
  7.  

    Best if you join as a Full Time Employee, Contractor beware!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Engineer in Reston, VA
    Current Employee - Systems Engineer in Reston, VA

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

    Pros

    Great benefits; One of the best in the industry. Working hours are flexible, but you need make yourself available during core business hours Monday - Friday. Option to work in any of the locations in the DC Metro area is a plus.

    Cons

    If you are a Contractor, be aware that there are 2 to 3 weeks of furlough that occurs at the end of the year. Ask your contracting company about the furlough, because you could end up not making any money for up to 3 weeks. Negotiate a slightly higher rate to compensate for this. You have been warned.

    Advice to ManagementAdvice

    Keep up the good work and keep hiring the best talent you can find.

    Recommends
    Positive Outlook
    Approves of CEO

    Fannie Mae Response

    Nov 13, 2014Company Representative

    Thank you for taking the time to write a review. We appreciate you pointing out some of the pros of working at Fannie Mae. We read every review and will pass along your comments about contractor’s ... More

  8.  

    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.

  9.  

    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 a 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
  10. 1 person found this helpful  

    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 a 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
  11.  

    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 a year)

    Pros

    very high quality employees with excellent performance

    Cons

    very fast working speed and stressful workload

    Recommends
    Positive Outlook
    Approves of CEO

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