Fannie Mae Reviews

Updated July 3, 2015
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533 Employee Reviews

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  1. Helpful (3)

    Everything was going well until out of nowhere they laid us off

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

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

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Benefits, employees, room to advance

    Cons

    Communication, treated like criminals once department was shut down

    Advice to Management

    Practice makes perfect, communication needs to be worked on and business procedures


  2. Helpful (1)

    Fannie Mae is great.

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

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

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

    Pros

    Management promotes word life balance

    Cons

    Lack of clear career track


  3. Helpful (4)

    Mislead by hiring manager as to not only what was expected but as to how Director would be involved in work flow

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

    I worked at Fannie Mae

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    People are friendly, great benefits

    Cons

    Director was a micro manager who was also very insecure, moody, controlling and not as knowledgeable as they should have been about our business.

    Advice to Management

    When employee surveys are done be sure that you at least look at the information that is given. Biggest things I heard was that there was no reason to complete the information because management never does anything with it. We did the surveys and that was the last thing we ever heard about them.


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  5. Positive experience working as a Project Manager I on a large scale strategic initiative for Fannie Mae.

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Competitive Salary
    Smart people
    Opportunity to move to other areas

    Cons

    Complex culture
    Lack of networking and training opportunities

    Advice to Management

    Promote better integration between departments.


  6. Helpful (1)

    Director

    • 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 full-time (More than 8 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good work life balance
    Smart employees

    Cons

    Uncertainty about the future
    Promotions based on who not what yo know

    Advice to Management

    Be more transparent.


  7. Helpful (2)

    Fannie Mae is a great company to work for. It offers many opportunities to grow and has some of the great benefits.

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

    I worked at Fannie Mae

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Fannie Mae uses best technology products for its business and has many best technology professionals.
    Fannie Mae offers great benefits for its employees, 401k,health insurance, sick leave, short term and long term benefits, Tuition reimbursement, paid vacation.

    Cons

    I do see some times leaders who are not competent enough filling the positions due to their seniority dragging the company down.

    Advice to Management

    Management should put in systems to recognize the best performers and reward them appropriately. Performance should be the criteria in considering promotions rather than seniority. Management should listen to the employees frequently via surveys implement the changes that it finds reasonable.


  8. Consultant

    • 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

    Well compensation and benefits package

    Cons

    Leadership less growth opportunity different culture


  9. Helpful (3)

    worst management I have ever seen

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - CU Tester for An AVM That Used to BE Called Alpha in Addison, TX
    Current Employee - CU Tester for An AVM That Used to BE Called Alpha in Addison, TX

    I have been working at Fannie Mae

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    my co-workers were nice but they felt stuck there and afraid to leave due to the "beat down" by the managers.

    Cons

    no one in management knows how to manage, some were crazy/bi-polar, only got the position because they KNEW someone

    Advice to Management

    Management should save the company by resigning, they are taking the company down.


  10. WIsh I never left

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - REO Closing Analyst in Dallas, TX
    Former Employee - REO Closing Analyst in Dallas, TX

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Top pay and benefits of industry, work from home opportunity, extra jeans days, good bonus plan

    Cons

    Work/life balance didn't always happen, but pay made up for it. Managers do not really understand what their employees do. They are just hired because of management experience, not position experience.

    Advice to Management

    Learn more about what your employees do on a day to day basis.


  11. Helpful (7)

    I find it Bizarre that all the top reviews or most relevant reviews of Fannie Mae are from Current Employees in DC or VA

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

    I worked at Fannie Mae full-time (More than 5 years)

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

    Pros

    Salary was decent for a 37.5 work week, but mind you, You had to work over 50 hours to get your production numbers or you could be Gone

    Cons

    Upper Management, Management in Dallas was all hired based on friendship of NUC department Director. Getting ahead? No nothing there, you had to brown nose your way in to get a team lead position in NUC credit- appraisal department. Technology is so bad, you would have to call the sevens-support at least twice a week. Computers were old and running windows XP.

    Advice to Management

    Its Ironic that all the newest reviews are from DC that are supportive of YOU. Quit posting reviews from DC and from top Brass!. If your going to let people go, You better get your act together, like when escorting people out of the building, you better make sure that their former cubes are secured or locked, not left open to the devouring saved employees! who stole all my personal items! You talked about Diversity! Who cares! You were so worried about NPI, well all my stuff at home, went in the garage! I don't have secured garbage! DC management won't ever wake up, all they want to do is line their pockets with the green stuff, because you sure said NO Merit raises, after taking away our bonuses - VCP . Most valued housing partner? and you are moving to AVMS, WOW! That's so Ludacris, your minions in DC that came up with CU, only use adjustments that they believe are correct, it never mattered what we wrote in the comment areas in the review tool Ever look at the adjustment tab? OMG, that was a total joke. HR was never there for you, Princeton HR person, you would just run to Andy, when that was part of the problem and nothing ever got resolved. Fannie Mae ethics hotline? well that's a joke as well. and in the end you asked me if the person should be let go, hmmm you asked me this question in front of the other person, Now is that ethical or even fair to me? Fannie Mae or what ever you will be called when all the good people are let go, and you put your confidence in Adams AVM CU product, will just be a big bank with NO ETHICS.



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