Fannie Mae Reviews

Updated July 20, 2015
216 reviews filtered by
  • Washington, DC
  • Any Job Title
  • Any Status
Employment Status

Reset
3.2
Rating Trends
Recommend to a friend
Approve of CEO
Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
61 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

216 Employee Reviews

Sort: Popular Rating Date
  1. Good place to work

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

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

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

    Pros

    Work life balance is good. Pretty easy to move around the company

    Cons

    Sometimes unstructured and you will work on things that don't end up being for anything


  2. Executive Support Professional

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

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

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

    Pros

    Diverse, believes in promoting within, open to staff

    Cons

    unfortunately the company is downsizing


  3. Communications Specialist

    Current Contractor - Communications Specialist in Washington, DC
    Current Contractor - Communications Specialist in Washington, DC

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

    Pros

    Relaxed work environment - causal dress everyday Convenient location - very close to metro

    Cons

    Communucations roles that aren't within Cotp Comm or Marketing are too technical and require you to fully understand some of the applications and business process of the business units. There's not always enough work to stay busy. Manager is too busy to provide guidance. Lots of overlapping roles and responsibilities - too many people doing the same thing.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Good, not great, place to work.

    • 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

    I have been working at Fannie Mae full-time (More than 10 years)

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

    Pros

    Interesting work given the importance of housing in the US economy. People are generally professional.

    Cons

    A large percentage of employees are what I would consider 'below average' relative to my previous employers. Fannie Mae appears to place greater importance on applicable experience than analytical intellect or work ethic - not a strategy for long-term success in a fast-changing industry.


  6. Cash Management Analyst

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

    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

    Great mission. Very very diverse and exceptional individuals . Good salary.

    Cons

    FHFA controlled. Unknown future state. Too many unnecessary changes as management tries different paths.

    Advice to Management

    Measure twice, cut once.


  7. Helpful (1)

    Not amazing but not bad

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

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

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

    Pros

    Positive and social environment. I've met some extraordinary people here. Great benefits, 17 vacation days (including 2 floating holidays), 10 holidays, generous 401k plan, unlimited sick days, flexible work schedules, good work/life balance (usually)

    Cons

    Organizational change leads to downward pressure on lower management/analysts from the top. Also a very "top-heavy" company with VPs and Directors.

    Advice to Management

    Reduce the amount of upper management, encourage more cross team collaboration, and reduce the amount of analysts reporting to Directors.


  8. 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

    I worked at Fannie Mae (More than 10 years)

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

    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.


  9. 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

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

    Neutral Outlook
    Neutral Outlook

    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


  10. Full time contractor

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

    I worked at Fannie Mae as a contractor (More than a year)

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

    Pros

    Beautiful corporate office with a culture that promoted creativity and new ideas.

    Cons

    heavy politicking and favoritism. Sometimes felt like time had moved backwards and you were working in the 1950's.

    Advice to Management

    Make more an effort to less play favorites.


  11. Helpful (2)

    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

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

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

    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.



Showing 216 of 600 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.