Fannie Mae Reviews | Glassdoor

Fannie Mae Reviews

Updated December 10, 2018
1,065 reviews

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3.8
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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
430 Ratings

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  1. Featured Review

    "Financial Reporting Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Recommends
    Positive Outlook

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

    Pros

    A great place to work, a good team environment and great benefits! A lot of good smart people.

    Cons

    Financial reporting have tight deadlines and required long hours at quarter-end and year-end. Good-life work balance is hard to achieve.

    Advice to Management

    Keep up the good work!


  2. "Reo Asset Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Fannie Mae full-time

    Pros

    Salary was great
    Supportive environment

    Cons

    Always making changes if you want a consistant environment this is not the place for you. If you like constant change this will work for you.

    Advice to Management

    Be patient

  3. "Sr marketing manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Marketing Manager in Washington, DC
    Former Employee - Senior Marketing Manager in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Fannie Mae full-time (More than 10 years)

    Pros

    Super flexible place to work, specially for people with kids. Salaries a very competitive.

    Cons

    Behind in technology because of so many legacy systems but they are improving. Hard to get a promotion.

    Advice to Management

    Promote existing talent before looking outside the company


  4. "Love it!"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Employees are wonderful people, the environment is nice and the company does a lot for the well being of its employees. Definitely would recommend.

    Cons

    no cons for working here


  5. Helpful (1)

    "Breath of fresh air"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Washington, DC
    Current Employee - Director in Washington, DC
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    The drive to modernize and embrace change couples with the passion and drive of leadership is everything that makes this work so exciting and satisfying. Very impressed with the culture of Fannie Mae and how they invest in their workforce and mission!

    Cons

    Consolidating and moving all their offices to one building has caused a lot of space issues.

    Advice to Management

    The commitment to transform the company is amazing. Don’t get caught up in the process so much that you forget the environment people work in. Hoteling models to lower costs just drive people to work from home and break the collaborative rigor of working together in one place.


  6. "Good experience depends on team and project"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fannie Mae full-time

    Pros

    Big enough to work on your interests

    Cons

    Corporate..hard to adopt new technology


  7. Helpful (5)

    "Excellent IT side of the company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits are very good. IT is really picking up new technology, becoming fun place to work and make long term friends. HR is finally changing year end review process. Locations are excellent and the new floor layouts are amazing.
    Innovation is promoted and there is clearly time given to employees for new idea implementation.

    Cons

    Bonus structure tilted more toward Management even in this agile world.
    Hate the number of layers we have. Its highly Pyramid structure with lot of power struggle at top level.
    Yearly salary growth is very minimal. Close to %2.5 only.

    Advice to Management

    Reduce number of layers.
    Add fixed bonus especially for K and below job levels.
    Too many Directors, VPs, SVPs, EVP and then CEO.
    Promotion is becoming rarity at lower level.

  8. "Astounding work environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Title Specialist in Plano, TX
    Former Employee - Title Specialist in Plano, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Encouragement to utilize your own problem solving skills, easy to find information not already known

    Cons

    Salary, no overtime to be had


  9. "software engineer"

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

    I have been working at Fannie Mae full-time

    Pros

    good benefit, 8% 401k match, good insurance plan

    Cons

    always push the progress of project


  10. "Senior Corporate Paralegal"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I worked at Fannie Mae full-time

    Pros

    Collegiality, friendly and cooperative team spirit, reasonable work hours, proactive mentorship by supervisors

    Cons

    not accessible to metro subway; limited opportunity to expand professional skill set