Fannie Mae - Aside from going completely bankrupt, nothing could make me work here again. | Glassdoor
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There are newer employer reviews for Fannie Mae

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"Aside from going completely bankrupt, nothing could make me work here again."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Contractor - N/A in Washington, DC
Former Contractor - N/A in Washington, DC
Doesn't Recommend
Negative Outlook
Disapproves of CEO

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

Pros

There's parking and good lunch spots nearby.
The pay is pretty good.

Cons

It's ALL politics.My manager was downright cruel, and when I asked her why, she said simply, "$h*t rolls downhill." That's what you're signing on for. I was harassed for pumping, and told that I couldn't have as much time as other staff, because they were FTE, and I was a contractor. So, bonus points for supporting working mothers.

Advice to Management

None. Your ship is sinking, and you've only yourselves to blame.

Other Employee Reviews for Fannie Mae

  1. Helpful (1)

    "Good pay but advancement excruciatingly difficult"

    StarStarStarStarStar
    • 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
    Neutral Outlook
    Approves of CEO

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

    Pros

    Excellent pay, especially so for people managers, directors and above. Good place for people with secondary mortgage market experience.

    Cons

    Company is in conservatorship and can't make a move without approval from FHFA. Industry is difficult to understand for newbies to the secondary mortgage market. People constantly use acronyms and it takes around 6 months to a year to understand the code. Management is cliquish and extremely difficult, if not impossible, to break into unless you are part of the in crowd.

    Advice to Management

    Recognize performance rather being superficial.
    Senior management could use some training on how to understand and work with associates.

    Remember that rank and file staff doesn't make six figures, so don't nickel and dime them with endless fundraisers to help the homeless. Instead, why don't you fork over a hefty check.


  2. Helpful (1)

    "Work at Fannie"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    One of the best companies I have ever worked so far. Balanced work and life

    Cons

    Not very active and pay is just so-so

There are newer employer reviews for Fannie Mae
There are newer employer reviews for Fannie Mae

See Most Recent

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