Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated January 15, 2018
719 reviews

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3.4
StarStarStarStarStar
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Approve of CEO
Freddie Mac CEO Donald H. Layton
Donald H. Layton
262 Ratings

719 Employee Reviews

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Pros
Cons
  • You usually won't see or hear much from senior management (in 31 reviews)

  • Work/life balance can be compromised at times (in 13 reviews)

More Pros and Cons

  1. Featured Review

    "Great place to work! Great leadership who walks the talk!"

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

    I have been working at Freddie Mac full-time (More than a year)

    Pros

    Great work life balance, benefits and leadership! Senior leadership is very up front and honest with employees! There’s no tolerance for unethical behavior like I’ve seen at other places!

    Cons

    Would love to have more vacation time after 3 years vs 5 but overall the company is very generous with time off.


  2. "Business Management Professional"

    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 Freddie Mac full-time

    Pros

    Great atmosphere with incredible people

    Cons

    a lot of different smells

    Advice to Management

    Great job

  3. "Systems Analyst"

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

    I have been working at Freddie Mac full-time (More than a year)

    Pros

    Work Life Balance / On-Site Facilities

    Cons

    Processes make it difficult to implement changes,

    Advice to Management

    Focus on the employee


  4. "Summer Internship"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in McLean, VA
    Former Employee - Anonymous Employee in McLean, VA
    Recommends

    Pros

    - Freddie Mac is a unique company in that it, along with Fannie Mae share a near monopoly in the housing mortgage market. You are bound to learn!!
    - They have an awesome cafeteria
    - They have a lot of career-related seminars (ex. Freddie Mac's portfolio construction, advanced SASS training, types of Freddie Mac securities, etc)
    - There are a lot of talented people there who may have decided to settle down from the Wall Street or high roller banking or lawyer life and are excited to impart knowledge!

    Cons

    - Your experience is dependent on the team you're in (could be amazing or okay)
    - Seems like team works in silos
    - There are definitely unqualified and unmotivated people working there (bad for team environment)


  5. "Prf Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Prf Developer in McLean, VA
    Current Employee - Prf Developer in McLean, VA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Freddie Mac full-time (More than 10 years)

    Pros

    Good Pay , Location and overall Benefits

    Cons

    Promotions and EPM ratings dependent on the group division
    Too many foreign born unqualified people at the managerial and director level
    who cannot even make good calls as to whom to hire and whom to groom.
    Too many hires from foreign consulting companies with fake resumes and
    experience , who are trained by the consulting companies to answer questions
    when they are on bench for extended periods of time. Given the same opportunity to a US diploma holder , he can do far better , but he does not get
    even a days time to prepare for the interview because of the heavy workload
    in the existing that he is holding

    Advice to Management

    Hire , promote and rotate people with US Diploma Holders. They know
    how skills are acquired and how to manage a work place


  6. "A great place to work"

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

    I have been working at Freddie Mac full-time (More than 10 years)

    Pros

    The people, culture, mission make Freddie a great place.

    Cons

    I have no real cons.


  7. "Good place to work"

    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 Freddie Mac full-time

    Pros

    Good cafeteria, good opportunity to move across groups within the company, leadership very focused on culture change to be more risk accepting. Very flexible with work from home etc

    Cons

    Government sponsored enterprise so can’t do anything company funded like happy hours. Lots of beaurocracy and checkers checking the checkers

  8. "Executive Office Administrator"

    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 Freddie Mac full-time

    Pros

    Student loan and home purchase benefits

    Cons

    Still offers an extremely unfair, toxic work environment for minority employees. Is very secretive about pay due to inequities and retaliates harshly when legitimate complaints are filed.

    Advice to Management

    Stop your unfair, racist tactics before you’re caught and punished! It would not help your reputation to be proven unchanged.


  9. "Great job"

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

    I have been working at Freddie Mac full-time (More than 5 years)

    Pros

    Great culture, great benefits, and great work environment

    Cons

    Too far to travel for me


  10. "This Company Cares About It's Employees!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Communications Specialist in McLean, VA
    Current Employee - Communications Specialist in McLean, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Freddie Mac full-time (More than a year)

    Pros

    Great pay, benefits and work/life balance.
    I feel that management listens to my concerns and really cares about my professional development.

    Cons

    No complaints - it's a great place to work.

    Advice to Management

    Keep backing our culture change.


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