Freddie Mac Reviews

Updated September 12, 2014
Updated September 12, 2014
351 Reviews
3.3
351 Reviews
Rating Trends

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

Review Highlights

Pros
  • Freddie continues to offer a favorable work/life balance environment (in 55 reviews)

  • Great benefits but work-life balance depends on the area you work in (in 30 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 22 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Changing in higher level management makes the policy or vision of the co. constantly changed.

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

    I have been working at Freddie Mac full-time for more than 5 years

    Pros

    Most of people are nice and intelligent.

    Cons

    Management change their view all the time and new management team seems caring less about people.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    My personal skill includes detail oriented, accuracy conscience,self motivated, customer service focused and ability to

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - QC Underwriter  in  Laurel, MD
    Former Employee - QC Underwriter in Laurel, MD

    I worked at Freddie Mac as a contractor for less than a year

    Pros

    I have over twenty years of experience in mortgage industry and Freddie Mac is the best place to be. I am team oriented and able to lead and used quick deadline and also ability to interface with diverse group of people and levels and at Freddie mac and Fannie Mae are the best place to work.

    Cons

    Contribution, Goals,Diverse Group, Build your career stronger.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    can't turn the ship around

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager  in  McLean, VA
    Former Employee - Manager in McLean, VA

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

    Pros

    cafeteria, gym, and some great smart people.

    Cons

    Overly regulated, HR is the "police" and creativity is discouraged

    Advice to ManagementAdvice

    work more closely with your competitor inside the beltway, they seem to be moving forward in a more productive manner.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    FP&A

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

    I have been working at Freddie Mac full-time for more than 3 years

    Pros

    Light Workload with opportunity to learn other skills.

    Cons

    No advancement opportunities and low morale. Congress wants to wind down the firm so future does not look good.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Good

    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Freddie Mac

    Pros

    Salary is good, people are nice

    Cons

    Rigorous work to do, very fast paced

  7.  

    Overall, great place to work

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

    I have been working at Freddie Mac full-time for more than 5 years

    Pros

    Benefits are awesome as well as the flexibility
    Majority of the employees are great to work with
    Free coffee and soft drinks is always a plus
    Pay is decent

    Cons

    Senior management is always changing and the room for growth seems to be diminishing
    2% increase seems to be the max each year, if any…
    People that work really hard for the company seem to be overlooked

    Advice to ManagementAdvice

    Pay those that work hard for the company

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Great Company - No Pay increase with promotions

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

    I have been working at Freddie Mac full-time for more than 5 years

    Pros

    The culture is great and they allow employees to work from home.

    Cons

    I have a net 2% raise with the last 3 promotions, more work but no extra pay.

    Advice to ManagementAdvice

    Pay your talent

    Recommends
    Positive Outlook
    Approves of CEO
  9. 2 people found this helpful  

    experinces with Freddie Mac

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

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

    Pros

    no personal growth, training is good, but you cant use alot of it at freddie mac

    Cons

    some are lazy professionals, while some are hard working and very helpful

    Advice to ManagementAdvice

    look at the quality of the people you hire

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Great company, great benefits

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

    I worked at Freddie Mac full-time for more than 5 years

    Pros

    Great company to work for, good compensation, good benefits, great people.

    Cons

    Nothing worth mentioning. This is a good place to land.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great people, interesting work, but uncertain future.

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

    I have been working at Freddie Mac full-time for more than 5 years

    Pros

    The best reasons to work here are the collaborative culture and the amazing people. As others have stated, the employees at Freddie Mac are fabulous. They are intelligent, motivated, hard working and driven.

    Cons

    Executive management changes frequently and current leadership is very hierarchical and old school. Freddie Mac's future is uncertain and will be dictated by Congress. Frequent negative media attention and there is a general public misunderstanding of Freddie Mac's purpose, mission, and role in the housing market.

    Advice to ManagementAdvice

    Find a way to encourage the already existing collaborative/teamwork environment while addressing inefficiencies that may exist. Collaboration/teamwork and corporate competitiveness in the market are not mutually exclusive goals.

    Recommends
    Neutral Outlook
    No opinion of CEO

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