Fannie Mae Reviews | Glassdoor

Fannie Mae Reviews

Updated July 27, 2017
900 reviews

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3.6
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900 Employee Reviews

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Pros
Cons
  • Some work life balance, but also expect to work longer hours when mgmt expects deliverables with short turn around times (in 24 reviews)

  • Senior management has SO MUCH experience they get into the weeds a bit much (in 27 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (3)

    "Great place to work at"

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

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

    Pros

    Great benefits at Fannie Mae. Been here long enough to vouch for that. Support work-life, education, housing. The annual Help the Homeless evens are great as well

    Cons

    Nothing to complain about. Great place to work for. I have no complaints about working here. Management and co-workers are great to work with.

    Advice to Management

    Nothing


  2. "Business Analyst"

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

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

    Pros

    fannie has good pay and benefits, environment is very diverse with employees having varying backgrounds and perspectives

    Cons

    Bureaucracy exists in most places within the organization, although there is a push in many groups to become more lean

    Advice to Management

    The organization is too big with many redundancies, simplify and remove departments which are not needed. Also enterprise project management is a joke

  3. "Hungry Professional"

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

    I have been working at Fannie Mae full-time

    Pros

    Good work - life balance. Company is constantly on a mission to improve processes.

    Cons

    Ambiguity and lack of cultural improvement. Advancement opportunities are not present.


  4. "Good company, good people, good work, stifled growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Economist in Washington, DC
    Former Employee - Financial Economist in Washington, DC
    Recommends
    No opinion of CEO

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

    Pros

    I really enjoyed the people I worked with. I also enjoyed my projects. I would say I was happy overall.

    Cons

    I kept getting switched from team to team, so it was hard to build rapport with my manager and get promoted. There was a hiring freeze and then head count cut, so promotions were scarce. Those that did get promoted had been with the manager a while [thinking face emoji]. I left because I didn't feel that my work was being recognized, I felt my stats (things that could actually be quantified) were better than others who were getting promoted. Could've just been my particular manager.

    Advice to Management

    Try to define what it takes to get promoted. I always felt like it was "do better", which I felt I did and then I wouldn't get a bonus or promotion. Towards the end when I had experience and lots of examples of excellent projects I got very frustrated and left.


  5. "Excellent Work Environment"

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

    I worked at Fannie Mae (More than a year)

    Pros

    Excellent Work Culture.
    Exposure to tools and Technology.
    Visibility of role and work

    Cons

    Environment is unpredictable
    Benefits has been lowered compared to earlier.


  6. "Great Benefits, But Not Highly Competent nor Adept with Change"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Manager
    Former Employee - Operations Manager
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - Better than average pay
    - Outstanding benefits
    - Great work/life balance

    Cons

    - Some highly competent individuals and teams interspersed with far too many mediocre employees
    - A weak officer corp with far too many 'lifer' officers that can't contribute best practices or thought leadership as they've not experienced many
    - Far too little emphasis on intellectual capabilities and far too much emphasis on getting along

    Advice to Management

    If Fannie Mae is to change its reputation from "a place where careers go to die", then it must emphasize quality over quantity. It must not perpetuate the practice of having average employees in the same role for years/decades and expect Fannie Mae to be a company that can be responsive to industry and regulatory changes. Fundamentally, its always about culture and although Fannie Mae talks a great game, it perpetuates mediocracy.


  7. Helpful (1)

    "Sr. Data Analyst"

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

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

    Pros

    Flexible work arrangement and teleworking options availalble

    Cons

    Politics at workplace and too much upper management interferance

    Advice to Management

    Try to initiate a better peer review process

  8. Helpful (1)

    "Its ok not that grate. Its not upto my expectations from my group, but overall company is grate."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Oracle Database Administrator in Dallas, TX
    Current Employee - Oracle Database Administrator in Dallas, TX
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time

    Pros

    Good company, upper level management is excellent. Benefits and compensation is excellent

    Cons

    Low level managers are not good. Its very hard to work with managers who are arrogant and not friendly

    Advice to Management

    Change mid level and low managers.


  9. "Limited Opportunities for Advancement"

    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
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Flexibility
    - Great PTO & sick leave
    - Excellent 401k match

    Cons

    - No clear path for senior employees to advance into management
    - Management does not focus on opportunities for staff development
    - Parking can be a challenge in D.C. offices

    Advice to Management

    - Create clear, well articulated paths for senior functional staff to be promoted to management
    - Create more opportunities for leadership and staff development


  10. Helpful (2)

    "Technology Integration Consultant"

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

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

    Pros

    I found most employees to be very competent and knowledgeable.

    Cons

    Lack of accountability in upper management.

    Advice to Management

    Invest more capital into training.


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