Fannie Mae Reviews | Glassdoor

Fannie Mae Reviews

Updated September 14, 2017
924 reviews

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924 Employee Reviews

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Pros
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More Pros and Cons

  1. "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.


  2. "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

  3. "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.


  4. "Great people and company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Sales in Dallas, TX
    Former Employee - Vice President Sales in Dallas, TX
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great people and company. Going through some challenging times, aligning the vision with the future of the company.

    Cons

    The future of the company continues to be in flux.

    Advice to Management

    Stay true to the mission, while you can.


  5. "Good place to work"

    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

    Pros

    The company has a good work/ life balance.

    Cons

    Company could improve on career opportunities.


  6. "Business Analyst III"

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

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

    Pros

    Relaxed atmosphere. Even those groups that work a lot, it's usually within the 40-45 hours a week.

    Cons

    Very Political atmosphere. Strive to be liked by upper management.

    Advice to Management

    Treat employees with respect and be objective.


  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. Helpful (7)

    "It's like the mafia - easy to get in, hard to get out"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager III in Reston, VA
    Current Employee - Project Manager III in Reston, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Fannie Mae can be a great place to work. There are often opportunities to move around within the organization, and if you have a manager that is looking out for you, you can spend your career there. The pay is pretty good. The benefits are above average, and, again depending on your manager, the hours can be flexible. As a single father, I really appreciate that.

    There is also a strong sense of giving back to the community. Employees can take hours each month for volunteering, and one week a year, everyone in the company is encouraged to participate in "7 Days to SERVE," which includes company-organized volunteering events for individuals and teams.

    Cons

    The pay can be golden handcuffs and the culture can lead to complacency. Personally, I don't find the work hat I'm doing very challenging. I could do my job in about 5 hours a day. But since it's not very hard, I tend to make it stretch to fill the day. If the work were more interesting or more challenging, I would be more efficient. And after being here for several years, I wonder if I can work at another company. Has the drive been sucked out of me?

    Also, executives are very management-fad-oriented. They are a large company but they try way too hard to act like a startup. They do reorgs way too frequently, to the point that it affects productivity. Rumors fly about heads being cut on certain Fridays. In my group of 10 people, we easily lose 1-2 days of work in the week before one of these Fridays. And they seem to happen 4-8 times a year.

    The industry is also in flux. It's unclear what the government is going to do with Fannie and Freddie.

    Advice to Management

    Stop chasing the latest fad. Stop trying to be the cool kid on the block. Act your age. It's good to evolve, but change simply for the sake of change just causes pain for your employees.


  10. "An Engaged Employee"

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

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

    Pros

    I'm impressed by the level of investment Fannie Mae places on employee engagement. They have a lot of internal communications content, employee resource group activities, and events to help us stay connected to the work other teams are doing.

    Cons

    There are a number of people that need to be involved in approvals for things that seem minor because of how easily things can easily be misinterpreted. It's unfortunate but perhaps necessary.

    Advice to Management

    Continue the great work you're doing to include employee feedback in decisions that will impact them, and keeping them informed about the progress Fannie Mae is making.


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