Fannie Mae Reviews

Updated February 9, 2016
661 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
3.4
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
203 Ratings

Pros
Cons
  • Work/life balance didn't always happen, but pay made up for it (in 13 reviews)

  • Tough for women at senior management levels; hard to get a handle on the future of the organization; stymied by regulator (in 21 reviews)

More Pros and Cons

661 Employee Reviews

Sort: Popular Rating Date
  1. "REO Specialist III"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - REO Specialist III in Dallas, TX
    Current Employee - REO Specialist III in Dallas, TX
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time

    Pros

    Great managers, interesting projects and smart co-workers.

    Cons

    Advancement opportunities are limited because when most people get to Fannie Mae, they stay. Promotions or internal advancement opportunities are hard to come by in certain departments.


  2. Helpful (2)

    "Analyst"

    Star Star Star Star Star
    Former Employee - Analyst in Reston, VA
    Former Employee - Analyst in Reston, VA
    Recommends
    Approves of CEO

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

    Pros

    great benefits solid salary great relationships w co-workers

    Cons

    Lost job after being term employee


  3. Helpful (1)

    "Used to be a great place to work, now it is just ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst III in Dallas, TX
    Current Employee - Business Analyst III in Dallas, TX
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Strong company that has continued to perform in the toughest if circumstances

    Cons

    Company is going through downsizing cycles. And this particular company has managed it very poorly. Management through fear has become the standard.

    Advice to Management

    Stop chasing away the good talent


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


  5. Helpful (1)

    "Outsource SME/Review Appraiser"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Review Appraiser in Dallas, TX
    Current Employee - Review Appraiser in Dallas, TX
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Fannie Mae provides good salary and benefits along with excellent career development opportunities for those willing to view this employment as a learning opportunity.

    Cons

    Never felt permanent. Folks constantly felt threatened with unannounced layoffs making for a tense environment.

    Advice to Management

    Many talented people at Fannie Mae have been stifled in their contribution by managers not willing to embrace change or the need for improvement.


  6. "Nice Company to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - ETL Tester in Herndon, VA
    Former Employee - ETL Tester in Herndon, VA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Best place to gain experience in the secondary Mortgage Market They give sufficient time for the Knowledge transfer

    Cons

    As per my experience as a contractor, I suffered the dramatical scenario from the Vendor company. Don't apply through the Indian Vendor Companies. They play a lot of politics inside Fannie Management.

    Advice to Management

    Management should have the power to retain the contractor if he/she influences with his/her work. I see most of the time, the person working smoothly has to leave the company due to the Vendor politics.


  7. "Great"

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

    I have been working at Fannie Mae full-time

    Pros

    Flexible work hours and laid back working conditions along with working with intelligent people it's a great place to start your career

    Cons

    Sometimes you can't find enough to challenge yourself but with rotations you get to experience different teams and settings


  8. Helpful (1)

    "Product Development Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Development Manager in Washington, DC
    Former Employee - Product Development Manager in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Pay, benefits, and the flexibility that most employees seemed to enjoy. ... I, however, did not seem to enjoy this same flexibility.

    Cons

    I worked for a phenomenal senior Director. (Yes, the lowercase "senior" is intentional—unfortunately the corporate structure doesn't make room for this specific level of seniority.) Other, more lowly managers were not as good. I received lots of condescension. There was distrust of my work. I would openly admit if these reactions were warranted, but I truly believe that they were not. I wish that I had something more positive to say.

    Advice to Management

    Pay a little better and eliminate the bad apples. Of course every organization has such characters, but you need to eliminate your own.


  9. "Great Place to Work"

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

    I worked at Fannie Mae (More than 3 years)

    Pros

    Good teamwork, talented employees, meaning work, great leadership

    Cons

    Uncertain future of the company

    Advice to Management

    Keep up the great work


  10. "Credit risk analyst I"

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

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

    Pros

    Good pay and benefits, occasionally interesting work. Lots of seasoned professionals with a lot of industry knowledge, good experience in the industry

    Cons

    Bureaucratic and slow moving. Most everything big needs approval by FHFA, very much a boring corporate culture and easy to get by doing little if you're in a lower level position. It's a huge company though, so I'm sure experiences vastly differ.


  11. "Senior Business Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Fannie Mae full-time

    Pros

    Salary (need to negotiate!), benefits were once really awesome (have gone way down, but still better than most companies), ability to telecommute once a week was an option--others were able to do so twice. People were generally nice.

    Cons

    Layoffs were once common back then, and the offices at HQ were dreadful (outdated, not so clean, restrooms were often in need of repair/cleaning).

    Advice to Management

    For the few years following the last Earth, Wind and Fire concert ~2007, apparently employees had voted to "donate" the end of year party funds to charity, rather than have an end of year celebration that they had worked so hard for. I highly doubt that was the case and led to lots of disgruntled employees who felt under-appreciated.



Showing 661 of 728 reviews
Reset Filters
RSS Feed </> Embed