Freddie Mac

  www.freddiemac.com
  www.freddiemac.com

Freddie Mac Reviews

Updated December 18, 2014
Updated December 18, 2014
369 Reviews
3.3
369 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Freddie Mac CEO Donald H. Layton
Donald H. Layton
101 Ratings

Review Highlights

Pros
  • Freddie continues to offer a favorable work/life balance environment (in 61 reviews)

  • Great benefits but work-life balance depends on the area you work in (in 31 reviews)


Cons
  • Company is currently under conservatorship and company future is uncertain (in 12 reviews)

  • Senior management is always changing and the room for growth seems to be diminishing (in 23 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    The work was often interesting and exciting, rarely boring, and the atmosphere was generally positive.

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

    I worked at Freddie Mac full-time (more than 10 years)

    Pros

    Employees were often long-serving, meaning there was a wealth of experience and corporate knowledge which was very helpful when dealing with new issues or problems. Despite the troubles the company faces in the wake of the recent economic and housing finance crisis, employees remained upbeat and worked hard to find solutions. Company policy was admirably flexible on matters such as alternative work arrangements (teleworking, etc,).

    Cons

    Promotion prospects were very limited, at least in my division. There was a lack of transparency concerning the departure of senior executives, which left people concerned about hidden problems affecting the company. The uncertainty as to the future of the company, following the 2008 conservatorship, was troubling to many employees because it put many people in doubt as to their career prospects.

  2.  

    Accounting group

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

    I have been working at Freddie Mac full-time (more than an year)

    Pros

    Excellent environment - interesting work - well compensated

    Cons

    none really - its a great place to be in your accounting career.

    Advice to ManagementAdvice

    keep up the great job!

    Recommends
    Positive Outlook
  3.  

    freddie mac is a great place to work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Freddie Mac

    Pros

    nice people, good benefits, good company culture

    Cons

    none at all. they're great

    Advice to ManagementAdvice

    they're great

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


  5.  

    Enterprise Architecture Department - unhealthy place to work

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

    I worked at Freddie Mac full-time (more than 10 years)

    Pros

    Mature in processes and thinking process

    Cons

    Most senior architects are leaving due to unhealthy management practices

    Advice to ManagementAdvice

    Respect the talent

    Doesn't Recommend
    Negative Outlook
  6.  

    Great Company

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Freddie Mac full-time (more than 10 years)

    Pros

    Great people to work with

    Cons

    Unknown company future due to political situation

  7. 1 person found this helpful  

    Excellent place to work

    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at Freddie Mac

    Pros

    Friendly atmosphere that offers competitive pay

    Cons

    Future is unknown and employment opportunities are few

  8.  

    Great management over site and ability to cross train between departments

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

    I worked at Freddie Mac full-time (more than 3 years)

    Pros

    A ton of opportunity to get experience where you want. Flexible work days, lots or training resources.

    Cons

    Attitude that company will not be around long despite the import role it plays in the mortgage market across all spectrums.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Great Learning Environment!

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

    I worked at Freddie Mac full-time (more than an year)

    Pros

    Decent benefits, flexible work schedules and awesome tuition reimbursement for graduate school.

    Cons

    Poor public perception and Congress' indecisiveness on what happens to Fannie/Freddie, tends to demoralize some employees.

    Recommends
    Negative Outlook
    Approves of CEO
  10.  

    Loss mitigation

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

    I have been working at Freddie Mac

    Pros

    Consultant Coworkers are friendly.

    Cons

    1. A lot of the employees in my department were lazy and they are just happy with getting by.
    2. Lots of bureaucracy that prevents good people to stay in the company.

    Doesn't Recommend
    No opinion of CEO
  11.  

    Excellent Benefits, Terrible Compensation...

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

    I worked at Freddie Mac full-time (more than 3 years)

    Pros

    1) Work / Life Balance - Flex Hours & Telecommuting
    2) Healthcare benefits are great for families
    3) Friendly Co-workers
    4) Cafe food is really good

    Cons

    Compensation -- Middle management on up needs to learn to promote from within. Pay people according to their skill level (regardless of their tenure on a particular team)...this will drive down employee turnover. So many talented people have left purely for this reason.

    Advice to ManagementAdvice

    Keep up the good work on updating outdated IT infrastructure and moving the company into a competitive marketplace, but dont forget to adequately compensate the folks who are working so hard on building the future of the housing market.

    Recommends
    Positive Outlook
    Approves of CEO

Work at Freddie Mac? Share Your Experiences

Freddie Mac

 
Click to Rate
or

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