Fannie Mae Reviews

Updated July 31, 2015
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551 Employee Reviews

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  1. Helpful (1)

    Fannie Mae Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Education Specialist in Dallas, TX
    Former Employee - Customer Education Specialist in Dallas, TX

    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

    Big company …. lots of easy rules to follow to play the game and advance your career.

    Cons

    Very clique-y management as well as a mix of micro-managing in some areas and too little in others.

    Advice to Management

    Listen to your staff and try to value them, their input, their individual personalities, and their effort.


  2. 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

    I worked at Fannie Mae

    Recommends
    Positive Outlook
    Approves of CEO
    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


  3. Helpful (1)

    Great place to work

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

    I worked at Fannie Mae

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Interesting projects, people dedicated to success

    Cons

    Management not strong, risk adverse, too much emphasis on hiring expensive outsource/managed service provider engagements

    Advice to Management

    Set high expectations, grow your people


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  5. Helpful (6)

    A few bright spots among a sea of ineptitude

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fannie Mae full-time

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Fannie Mae in general has somewhat competitive compensation and benefits packages. There are some departments that seem to function normally, but it is the exception rather than the rule. If you find a bright leader to work under, stick with them, because there aren't many to be found. Support for volunteer activities was a plus.

    Cons

    Fannie Mae is a company floundering in an overall lack of direction and an unusually high level of ineptitude in most levels of management. There were certainly some smart managers and employees, but too many were not. While many of the problems at Fannie are self-made, some are due to not being able to do much of anything without the guidance and approval of an extremely slow to react regulator, which is a political beast in itself. So in the end you have ineffective management trying to implement the direction from a regulator that can't decide what it wants to do. What you have left is a bunch of managers fighting for some kind of relevancy and trying to survive at the expense of others in the company.

    Advice to Management

    When employee surveys indicate an issue, don't look at your direct reports for the problem, look in the mirror.


  6. Helpful (1)

    Good people

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

    I have been working at Fannie Mae (More than 3 years)

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

    Pros

    Team players, good manager, good pay and benefits, flexibility

    Cons

    Some teams are disorganized in need of significant process improvements


  7. Los

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


  8. Helpful (1)

    A great company to work for

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


  9. Helpful (6)

    Bad Management

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


  10. Helpful (1)

    Working at Fannie Mae

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


  11. 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.



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