Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated September 24, 2018
799 reviews

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3.7
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Approve of CEO
Freddie Mac CEO Donald H. Layton
Donald H. Layton
307 Ratings

799 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 14 reviews)

More Pros and Cons

  1. "Great Culture and Rewarding Environment"

    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 a year)

    Pros

    ­Great culture with a focus on employee and external customer satisfaction. Good benefits. Rewarding environment with flexibility and appropriate work-life balance - colleagues are smart and competent; they want to succeed personally and as a company. Freddie Mac has strong leadership at all levels who are forward-thinking as they look to help create a faster, simpler and less costly mortgage experience.

    We also have exciting forward-thinking product delivery, including DevOps – it is all about Continuous Testing! DevOps infrastructures over the years indicate that testing maturity is a key differentiator of overall DevOps infrastructure maturity. There is a vital role at Freddie Mac for testing architects, leads and teams to offer their expertise for test design, test automation and test case development with DevOps.

    Cons

    Flexible work hours help with the Tysons traffic, which can be tough at times.


  2. "A great place"

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

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

    Pros

    People are committed to the mission, even in conservatorship, and everyone seems to take pride in their work.

    Cons

    Conservatorship means that you lack some of the perks that you have at other independently-run financial institutions, a d more regulation to deal with.

    Advice to Management

    Stay the course.

  3. Helpful (1)

    "Director"

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

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

    Pros

    A great environment to work.

    Cons

    The traffic in Tysons Corner.


  4. "Great 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 (Less than a year)

    Pros

    Support to move around to new areas
    Learning culture, library and large training catalog/calendar
    Community engagement is encouraged
    Great campus and cafeteria options

    Cons

    Some business silos need to have their walls lowered and think more at enterprise level.


  5. "Pros/Cons"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Freddie Mac full-time

    Pros

    Work Life Balance is great for people with families

    Cons

    Depending on the area, the company has a weak culture


  6. "Great place to start a career."

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

    I worked at Freddie Mac full-time (More than 5 years)

    Pros

    Flexibility to grow if you are hungry and willing to innovate to create value.

    Cons

    Old outdated systems and policies, can be an uphill battle to challenge the status quo.

    Advice to Management

    Increase your risk tolerance at the department level to unlock eager employees


  7. "Finance Manager"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Freddie Mac full-time (More than 8 years)

    Pros

    Good benefits, flexible work schedule, on-site cafeteria, in comparison to similar companies, you work hard but in a comfortable working environment.

    Cons

    Hard for some people to be promoted, and have opportunities to try new things.

  8. Helpful (1)

    "Development Sr"

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

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

    Pros

    Great competitive Benefits! Great IT division with many technology platforms. New initiative to move to AWS-Cloud. Good Investment in IT. Good business model

    Cons

    Just like any other big company, You have to have good network (Specially close acquaintances ) to survive & succeed.


  9. Helpful (2)

    "IT"

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

    Pros

    Good Pay, OK schedule, good location

    Cons

    No Americans in IT, only Induses with H1 visa


  10. "Systems Analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    company culture, benefit package, training

    Cons

    Similar to companies this size - bureaucracy, promotions

    Freddie Mac Response

    Sep 12, 2018 – Talent Community Manager

    Thank you for your review. If you're looking to advance, we encourage you to take advantage of the many learning opportunities at Freddie Mac and speak with your manager about the next step in your... More


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