Fannie Mae Reviews | Glassdoor

Fannie Mae Reviews

Updated July 26, 2017
899 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. "Review"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fannie Mae full-time

    Pros

    Working with very bright people

    Cons

    Budget constraints due to conservatorship


  2. Helpful (1)

    "Best company ever"

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

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

    Pros

    Benefits, pay, work life balance are all where they should be or better. Other companies under pay.

    Cons

    There really are no cons. My commute is long but I can't select where the company has its office.

  3. "Good for transition job, not long term career"

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

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

    Pros

    Salary ranges are higher than expected b/c of cost of living, so negotiate harder for yourself.

    Cons

    Frequent lay offs and changes in direction from leadership. Some work life balance, but also expect to work longer hours when mgmt expects deliverables with short turn around times.


  4. "analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Herndon, VA
    Current Employee - Anonymous Employee in Herndon, VA

    Pros

    Good env....work env is good

    Cons

    none.....more workload and the work is good


  5. Helpful (1)

    "Great Place to Work and Advance Your Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Not Specified in Dallas, TX
    Former Employee - Not Specified in Dallas, TX
    Recommends
    Positive Outlook

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

    Pros

    I was at Fannie Mae for about 2 years but worked with the company before I was an actual employee. It is a great place to work. They care about their employees and actually desire to further your career. They offer multiple training opportunities, offer assistance to further your education, and offer feedback to help you in your career journey. In all of my previous jobs I had never seen such a pro-employee environment. Not to say that I wasn't frustrated at times with management - I was. But to me the benefits of working for Fannie outweighed this. I ended up relocating and leaving the company. But had I stayed in the area, I would have considered Fannie Mae to be my forever home. If you have a chance to work there, you will not be disappointed.

    Cons

    Because people tend to not leave the company (because its a great place to work) I did see quite a few people in management in which mediocre performance was tolerated. And because they wont leave on their own, they end up at the company for a long time. Cant get them out, so they are promoted up to make them someone else's problem. There were times I felt that I could have done my manager's job better than they did. But I also felt management was overworked so that could have been the problem. As a lower level employee, we needed certain things that weren't being provided by our manager.

    Advice to Management

    Hold upper management accountable for their mistakes and job performance. When lower employees see mediocrity tolerated they feel unmotivated to work harder and also lose hope that the environment will become better.


  6. "IT Audit"

    StarStarStarStarStar
    Former Employee - IT Audit Staff in Washington, DC
    Former Employee - IT Audit Staff in Washington, DC
    Recommends
    Positive Outlook

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

    Pros

    Good exit opportunties. Also a good place to make a pivot in your career.

    Cons

    People do not stay here long


  7. "Application Support Analyst III"

    StarStarStarStarStar
    • 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

    Pros

    Good place to work and good folks

    Cons

    to much work politics in this company

  8. Helpful (1)

    "Business process analyst"

    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
    Disapproves of CEO

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

    Pros

    Great benefits
    The people that I worked with in a daily basis were incredible

    Cons

    Not much room for upward or even side ways mobility

    Advice to Management

    To the executive team, if you wish you keep top talent, give incentives to your top performers and make sure the good employees feel they are valued. Otherwise, the brain drain will continue. Stop turning Fannie Mae into a non profit special interest group and allow business decisions to be made.


  9. "Great place to work"

    StarStarStarStarStar
    • 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

    I spent 7 years at Fannie Mae and I had some very good leaders (from managers, directors and VPs)
    People are committed to do a good job and I made some really good friends

    Cons

    I also had some bad managers, as most companies sometimes Fannie Mae promotes people to managers just because of their knowledge and performance as contributor but managing people require some skill that are not easily learned.


  10. Helpful (1)

    "Great benefits if you can survive favortism"

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

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

    Pros

    Good health benefits. Tuition reimbursement is a plus.

    Cons

    Corporate high school. Old way of thinking. Hard to get promoted if you are outside of the circle. Very stressful environment

    Advice to Management

    Promote and hire based off ability not by social level. Be open-minded to positive change and suggested.


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