Fannie Mae Reviews | Glassdoor

Fannie Mae Reviews

Updated August 17, 2017
320 reviews

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3.0
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320 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. "Fannie Mae in D.C."

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

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

    Pros

    Opportunities to move around the company

    Cons

    Can be very political
    Leadership can be unsuccessful at motivating employees


  2. "Reconciliation Specialist"

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

    I worked at Fannie Mae as a contractor

    Pros

    Professional company with high and confidential standards

    Cons

    No work life balance and sometimes repeat of work.

  3. "Manager"

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

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

    Pros

    The medical, dental and vision benefits were good.

    Cons

    For the entire time I worked there, the future was uncertain.


  4. "ok place to work"

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

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

    Pros

    some flexibility to work from home, good benefits, above average pay, pretty good work life balance

    Cons

    bureaucratic, lack of upward mobility, silo'd work, not a growing company, a lot of change

    Advice to Management

    reduce contractors and overall workforce, reduce layers of management


  5. "Single Family Business Unit"

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

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

    Pros

    Great people to work with. Good diversity inclusion programs. Compensation better than most companies though caps are starting to be put on most positions.

    Cons

    Employee engagement and appreciation has waned. Watching bottom line of the company to become attractive to investors is now priority and not so much employee happiness.

    Advice to Management

    Open your doors. Cut back on meetings. Acknowledge great work from your employees more often and don't leave it up to the associates to do so.


  6. "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.


  7. "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.

  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. "Not really looking to move forward."

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

    I worked at Fannie Mae full-time

    Pros

    - Good people.
    - Good benefits.

    Cons

    - Unstable environment. Lots of restructuring.
    - Not a lot of motivation to work hard.

    Advice to Management

    Hire better managers.


  10. "Senior Business analyst"

    StarStarStarStarStar
    • 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

    Competitive salaries and depends on the department that you get in, it can be exciting and fun to work. But not all groups are the same

    Cons

    With large company, you tend to get stagnated and hard to grow.


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