Fannie Mae Reviews | Glassdoor

Fannie Mae Reviews

Updated August 20, 2017
912 reviews

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912 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. "good"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Fannie Mae full-time

    Pros

    Flexible schedule and nice 401k

    Cons

    hard to move up the ladder sometimes


  2. "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

  3. 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.


  4. 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.


  5. "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


  6. "Analyst"

    StarStarStarStarStar
    • 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

    Good work when you want to perform with medium pace.

    Cons

    Over experienced management position who becomes bottle neck.


  7. "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.

  8. "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.


  9. "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


  10. "Great company for salary and benifits"

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

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

    Pros

    Good salary and benefits. Many opportunities to learn and apply new skills.

    Cons

    Too many unfit folks in management positions driving bad decisions that demotivate teams. No good process to promote internal talent.

    Advice to Management

    Please focus on training and encouraging internal talent to switch roles or to promote into management positions.


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