Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated April 17, 2018
740 reviews

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3.4
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
269 Ratings

740 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. "Sr. Underwriter"

    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 Freddie Mac full-time

    Pros

    Great benefits and the gym was fantastic!

    Cons

    There was a lot of pressure to meet the expected files reviewed per month.

    Advice to Management

    I would suggest that more communication to employees around performance and file review prior to the need for action.


  2. "Freddie Mac"

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

    I worked at Freddie Mac full-time

    Pros

    Best place to work for cutting edge technology and practices

    Cons

    Work & life balance specially for Companie's Veterans.

  3. "Good benefits and work life balance"

    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 5 years)

    Pros

    Good benefits including vacation, and 401K match

    Cons

    Bureaucracy is high and some folks mainly immigrants are downplayed

    Advice to Management

    Trust the employees, Be transparent, your decision impact peoples livelihood.


  4. "Operations Manager"

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

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

    Pros

    Strong leadership! Takes action on employee surveys! Work from home days are allowed for management! CEO as well as senior management are honest and trustworthy!

    Cons

    Not enough opportunities for job movement in The Carrollton office. Would love to have a cafe on site but there are many great places to eat close by.

    Advice to Management

    Really think about if a role could be performed I. The Texas office when jobs are posted in VA. There needs to be representation in all markets!


  5. "National and Community assistance focus"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loss Mitigation Manager
    Former Employee - Loss Mitigation Manager
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Freddie Mac full-time (More than 10 years)

    Pros

    I worked for Freddie Mac for 20 years. A wonderful experience. Provided growth opportunity and a lot of challenge to provide funding and assistance so all peoples have an opportunity at home ownership and assistance to retain the home ownership. Great benefits, great vacation and leave benefits.

    Cons

    If you are not up for a lot of ongoing change this is not the company for you. Ifyou want to move up you usually must move around in the organization.

    Advice to Management

    None to provide, senior management is great.


  6. "Typical GSE"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Mc Lean, VA
    Current Employee - Anonymous Employee in Mc Lean, VA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    compensation, work life balance, nice and smart people

    Cons

    politics, bureaucracy, value talking not doing

    Advice to Management

    give credits to doers


  7. "Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Mc Lean, VA
    Former Employee - Anonymous Employee in Mc Lean, VA

    I worked at Freddie Mac full-time (More than a year)

    Pros

    Great benefits and good commuting location

    Cons

    Terrible management, way too many Directors

    Advice to Management

    Stop acting like thieves and stop only helping your buddies

  8. "Senior Collateral Risk Policy"

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

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

    Pros

    Good benefits and family friendly flexibility

    Cons

    Currently under conservatorship which limits bonuses and stocks are in limbo. The focus on diversity seems to supersede the focus on talent.


  9. Helpful (2)

    "Good people ....poor senior management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Freddie Mac full-time (Less than a year)

    Pros

    great salary and fantastic benefits

    Cons

    poor corporate culture that is passive aggressive


  10. "ICM"

    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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Freddie Mac full-time (More than 3 years)

    Pros

    good infrastructure, nice computing power, lots of opportunities
    for data science

    Cons

    lots of financial econ atmosphere, no mentor no background education, highly rely on self motivation

    Advice to Management

    work relationship can be better


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