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    Fannie Mae Reviews

    Updated March 24, 2019
    1,092 reviews

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    3.8
    StarStarStarStarStar
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    Recommend to a friend
    Approve of CEO
    Fannie Mae CEO Hugh Frater
    Hugh Frater
    3 Ratings

    Employee Reviews

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    Pros
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    More Pros and Cons

    1. Helpful (1)

      "Excellent place to work"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Senior Human Resources BP in Herndon, VA
      Former Employee - Senior Human Resources BP in Herndon, VA
      Recommends
      Positive Outlook
      No opinion of CEO

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

      Pros

      Flexibility, diverse, excellent benefits and bonus structure.

      Cons

      Always over complicating issues etc. Always reorganizing

      Advice to Management

      Stream line executives and promote from within

    2. "Great company to work for"

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

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

      Pros

      Great Benefits and work life balance

      Cons

      some teams are very political though, Not good if you are a geek and want to invent things

      3. Join the Fannie Mae team
      See Our Latest Jobs

    3. Helpful (1)

      "Great place to work"

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

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

      Pros

      Beautiful office space, great culture, interesting work, flexibility to work remotely

      Cons

      It's a large organization, so change is slow

    4. Helpful (1)

      "Fannie Mae is a great place to work"

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

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

      Pros

      You can't find a more diverse place to work!

      Cons

      The number of meetings could be reduced

    5. "Work done the Fannie way"

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

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

      Pros

      Work Life Balance. Good people.

      Cons

      Things are done the Fannie way

    6. Helpful (1)

      "Great"

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

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

      Pros

      Great work life place. Pay well.

      Cons

      Heavy office politics. Culture can be vary based on the department.

      Advice to Management

      Focuses more on the talent development.

    7. Helpful (1)

      "Solid Company; Hard to get promoted"

      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 5 years)

      Pros

      Great benefits: 401k: 6% full match + 2%. Maternity: 10 weeks full pay. Subsidized parking and metro benefits. Guaranteed bonuses after a certain level.

      Cons

      Difficult to get promoted within the role. Need to apply to new role to get level increase.

    8. "Great company!"

      StarStarStarStarStar
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee

      I worked at Fannie Mae full-time (More than a year)

      Pros

      Great management and flexible. Good hours

      Cons

      None they were great compay

    9. Helpful (1)

      "Many opportunities for career moves. Management could use additional training."

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

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

      Pros

      It is a large company with many opportunities for lateral career moves and upward mobility. The compensation and benefits are generally meet industry average.

      Cons

      Job titles and pay grades are confusing and sometimes inappropriate based on the role. Varying levels of experience amongst managers with different standards of performance expectations (some are harsher or more perfectionistic while some are more lenient or more realistic) and sometimes unclear, shared, or split responsibility for employees which is a common management mistake. Work/life balance varies across different teams as some teams offer less flexibility than others. Visible difference between treatment of FTEs and contractors. Common theme amongst numerous contractors that they wouldn't want to work at the company full-time.

      Advice to Management

      Management needs further training on how to effectively evaluate performance, coach and develop employees. Perfectionistic managers may stunt career growth and development of employees and inaccurately assess consistency of performance based on proven track record of delivering upon goals. These types of managers do very little to support the professional growth and development of employees and do not have supportive relationships with their directs but rather treat their professional relationships as business transactions instead of a human connection. At the relationship level, harsher managers may sometimes do more damage than good in order to meet overly aggressive business goals.

      More lenient managers tend to have better relationships and tend to be more realistic about an employee's strengths and weaknesses and are better at identifying a good fit for their skillset. At the same time, these types of managers may not enforce the same high standard for performance expectations.

      Management should work to strike a balance for this.

    10. Helpful (1)

      "Company that is changing"

      StarStarStarStarStar
      • Work/Life Balance
      • Career Opportunities
      • Comp & Benefits
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      I have been working at Fannie Mae full-time

      Pros

      Company is moving to a more agile work environment. Dynamic grouping allows for more targeted solutions and problem solving. Very good benefit package available to employees.

      Cons

      Quick moving environment, where things are not always in sync. Change can be challenging and may not be easy for everyone. Talk of work/life balance not always reflective of reality