Fannie Mae Reviews

Updated August 25, 2015
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569 Employee Reviews

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  1. Helpful (1)

    Sr. QC UW

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

    I worked at Fannie Mae full-time

    Pros

    Great insurance and flexible hours

    Cons

    Not focused on technology and too many terrestrial silos

    Advice to Management

    Streamline your loan review and analyses both technologically and politically


  2. Helpful (5)

    Anonymous

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous in Dallas, TX
    Current Employee - Anonymous in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Fannie Mae full-time (More than 8 years)

    Pros

    Nice employees. Diversity. Inclusion. Business casual. Fair compensation. Fair benefits package. Internal training.

    Cons

    Bonuses, promotions and layoffs are not tied to job performance. Bureaucracy.

    Advice to Management

    Building new trophy office + threats of layoffs = miserable culture. Officers, leave your Prada and Christian Louboutin at home. Your loyal employees fear for their jobs.


  3. Fannie Mae

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager
    Current Employee - Manager
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    You work with very smart and hard working people. The work is very complex and interesting.

    Cons

    The job is very demanding and stressful. Most people work very long hours. There is anxiety about layoffs all the time.

    Advice to Management

    Management should do a better job when communicating layoffs.


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  5. Helpful (1)

    Good place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Technology in Washington, DC
    Former Employee - Information Technology in Washington, DC
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Fannie Mae (More than 10 years)

    Pros

    Good Benefits Good opportunities to engage in interesting projects if you know how to network Good work/life balance if you know how to manage up and manage your workload Opportunities for mentoring if you are in the right parts of the company

    Cons

    Lack of clarity in middle/lower management in some area regarding priorities Lack of ability to accurately identify LOEs on projects leading to resource starvation for those projects Culture change is harder due to the uncertainty created because of C-Ship.

    Advice to Management

    Encourage mentoring as a requirement for moving into or up the management ranks in order to provide another communication channel. Recognize that the uncertainty is stressful on employees and encourage that work/life balance be a priority for your high/good performers. Continue to be honest and open about changes that are coming in regards to staffing and regulations.


  6. knowledge sharing

    • 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
    Neutral Outlook

    I have been working at Fannie Mae full-time (More than 5 years)

    Pros

    The mission Competitive compensation Flexible work arrangements Benefits

    Cons

    Challenging culture Hierarchy Process driven vs results driven Consensus driven Analysis paralysis

    Advice to Management

    Continue to drive culture change Express, model, and reinforce the behaviors that will bring about the culture transformation


  7. Helpful (3)

    Suffocating, disorganized, and slow.

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

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

    Pros

    Some of the people are very impressive, and you will be paid well for what you do. Benefits are pretty good as well, especially for the DC metro area.

    Cons

    Many employees lack morale, hate the idea of change, and some are just plain lazy. The work is largely boring and repetitive, there's constant push back and red tape, and the company is sinking fast with dwindling relevance. Almost no room for advancement, and one of the worst HR Departments I have ever had to work with. There seems to be a constant fear of layoffs, and the lack of innovation and willingness to embrace technology is suffocating.

    Advice to Management

    Embrace change, trim lazy staff members, and try to cut the exhausting red tape. Don't say we're competing to win the future when everyone can see that we aren't.


  8. Mixed Experiences

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fannie Mae full-time

    Pros

    Stable company that is needed in the marketplace so there will likely be near term job security until Congress decided future status of industry.

    Cons

    There was a mass exodus of talent several years ago. There are still some very good people at the company but there are others who are just looking to hang on and not push for innovative ways to improve work.

    Advice to Management

    Try to recruit and retain motivated people who will help improve how the company operates for the short and long term.


  9. Senior Solutions Architect

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Solutions Architect in Herndon, VA
    Current Employee - Senior Solutions Architect in Herndon, VA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good work-life balance when the project is right.

    Cons

    Slow to implement technology in some areas. Reckless in others.


  10. Helpful (1)

    Great place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent benefits, nice salaries, management cares about employees.

    Cons

    Bad press to deal with

    Advice to Management

    Be nice


  11. Consulting

    Current Employee - Senior Business Analyst - Consultant in Washington, DC
    Current Employee - Senior Business Analyst - Consultant in Washington, DC

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

    Pros

    It's an okay company to work for

    Cons

    Same as all companies to work for



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