Fannie Mae Reviews | Glassdoor

Fannie Mae Reviews

Updated February 2, 2017
139 reviews

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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
31 Ratings

139 Employee Reviews

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Pros
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More Pros and Cons

  1. "Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor
    Doesn't Recommend
    Neutral Outlook

    I worked at Fannie Mae as a contractor

    Pros

    cafeteria was nice and lots of places to take a break

    Cons

    micromanaging of the team
    treatment of contractors


  2. "Sr. IT Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Project Manager in Reston, VA
    Current Contractor - Senior Project Manager in Reston, VA
    Doesn't Recommend
    Negative Outlook

    I have been working at Fannie Mae as a contractor (More than a year)

    Pros

    Good flexibility and good environment

    Cons

    No work life balance and unpredictable environment

    Advice to Management

    You should define roles and responsibilities clearly.


  3. "People Manager"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    To say it briefly, two of the best things about this employer are great pay and benefits. Regionally I think it was viewed as beeing a sought after employer for this reason.

    Cons

    One of the biggest drawback of working here for me was the culture. It was very political. In my opinion, individuals were less inclined to be forthright direct with you due to office politics. This made it extremly difficult to gauge truthfulness and establish relationships within the company.

    Advice to Management

    Offer career path info for all levels of employees. This is something that I felt could be improved upon. Also offer consistency in employee performance management models.


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  5. "Communications & Marketing Support (CoMS)"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend

    I worked at Fannie Mae full-time

    Pros

    Benefits, pay. Beautiful campus, but company is moving to DC.

    Cons

    Terrible environment; unsupportive, not collaborative, isolating

    Advice to Management

    Ensure managers work with new employees, train them, alert them to resources available to them. Enforce on boarding activities, such as start partners, mentors, and other resources that probably aren't even mentioned to new employees. Make people feel like they matter.


  6. "BA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Work with some great people

    Cons

    Management is poor. Fulltime employees work around the clock. Lots of politics


  7. Helpful (10)

    "InfoSec Is Crap"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Reston, VA
    Current Employee - Anonymous Employee in Reston, VA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    The benefits and pay are the only things keeping me at this place. The 401k is good and the extra two percent is nice. The cost for family medical is affordable compared to other companies.

    Cons

    The environment sucks and everyone wants to leave. It used to be great but some of the good ones left and the person in charge now is an arrogant jerk. He doesn't care about the people and he uses his pit bull admin to deliver his orders. I'm not sure who is really in charge anymore. I'm sure with our recent org change the few remaining good ones will leave too. This place is hopeless.

    Advice to Management

    Do the opposite of whatever you are thinking


  8. "Credit Underwriter"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Atlanta, GA
    Former Employee - Anonymous Employee in Atlanta, GA
    Negative Outlook
    Approves of CEO

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

    Pros

    Great pay and benefits. You get to work remotely with minimum meetings in office.

    Cons

    The morale is super low. The company does not promote a healthy, ethical work environment. I have heard since I've been gone, they have fired a lot of the managers who created these horrible conditions.


  9. Helpful (2)

    "Fannie Mae"

    Star Star Star Star Star
    • 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
    Negative Outlook
    Approves of CEO

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

    Pros

    Fannie Mae as an overall parent company is a great company to work for, they are creating employee satisfaction initiatives to foster employee longevity within the firm.

    Cons

    Within the company there are many duplicative divisions that should be done away with such as Compliance and Ethics as many of the duties within that group are also found within the Enterprise Risk Management division (what's the point of having two divisions when the later division not only does the work better but treats their employees better as well).

    Advice to Management

    Get rid of the duplicative divisions they are a waste of money to the firm. If you want to operate like Freddie Mac (lean capacity) it’s time to get rid of the dead weight divisions (employee satisfaction with management in the divisions should be the driving factor) as satisfied employees who feel comfortable with their managers will foster creative work products that employees are proud to be accountable for.


  10. "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Frisco, TX
    Current Employee - Anonymous Employee in Frisco, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Fannie Mae full-time (More than 3 years)

    Pros

    Convenient location and working from home.

    Cons

    Too much politics, top management not held accountable.


  11. "Director"

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

    I worked at Fannie Mae full-time

    Pros

    compensation and bonus are great. work life balance is also great

    Cons

    more than half of the people you engage with are careerists or put forth the minimum effort. rampant passive aggressive behavior. stuck in a rut.

    Advice to Management

    my advice to management -- you need to get rid of the majority of VP leadership.



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