Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated May 23, 2017
215 reviews

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3.0
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
65 Ratings

215 Employee Reviews

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Pros
Cons
  • Too much micro-managing and senior management keeps changing every 3 to 6 months (in 29 reviews)

  • Work/life balance can be compromised at times (in 11 reviews)

More Pros and Cons

  1. "review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in McLean, VA
    Former Employee - Project Manager in McLean, VA
    Doesn't Recommend
    Positive Outlook

    I worked at Freddie Mac (Less than a year)

    Pros

    too much politics in the workplace

    Cons

    personal interest, good workplace, work hard


  2. Helpful (1)

    "Rotational analyst in finance division"

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

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

    Pros

    Good work life balance, huge company so opportunity to move within divisions easily, initiatives to be more innovative and improve competitiveness, flexible work arrangements depending on what division you're in

    Cons

    Slow moving, bureaucratic and somewhat old fashioned, upward mobility can be somewhat hard, behind on some technology, congested area to work

    Advice to Management

    Be more open to the progressive ideas in workplaces-open layout etc


  3. Helpful (3)

    "Not my forever job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in Vienna, VA
    Former Employee - Account Manager in Vienna, VA

    I worked at Freddie Mac full-time (More than 8 years)

    Pros

    Benefits, location, parking, some good colleagues

    Cons

    Tedious work, political environment, cronyism


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  5. "REO Broker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - REO Broker in Baltimore, MD
    Former Contractor - REO Broker in Baltimore, MD
    Negative Outlook
    Approves of CEO

    I worked at Freddie Mac as a contractor (More than 5 years)

    Pros

    Fast reimbursement. Good Training. Fair Pay.

    Cons

    Don't value hard working brokers as much as they should.

    Advice to Management

    Don't blame your brokers for everything.


  6. "Financial Controller Senior"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in McLean, VA
    Former Employee - Anonymous Employee in McLean, VA

    I worked at Freddie Mac (More than a year)

    Pros

    Flexible Work Arrangement, Laid back

    Cons

    hard to grow, slow enviorment


  7. "Credit Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Manager in Dallas, TX
    Former Employee - Credit Manager in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Freddie Mac full-time (More than 8 years)

    Pros

    Good salary and health plan

    Cons

    Cowardly managers and antiquated technology that doesn't work. Also, no training on state of the art technology

    Advice to Management

    Upgrade technology, better training needed and managers must act with integrity


  8. "IT Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Intern in McLean, VA
    Former Employee - IT Intern in McLean, VA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    great building, decent food, pretty laid back environment

    Cons

    Bureaucratic environment where work is slow. Not much real work as an intern

    Advice to Management

    Have designated projects to interns


  9. "Freddie Mac from the past to the future"

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

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

    Pros

    Large firm with many opportunities, everything and anything mortgage related. If you are in the early stages of your career, you can migrate to many openings in the company.

    Cons

    Significantly changing environment and strict oversight by FHFA. The higher up in your career, the less opportunities there are to advance, as many long timers hold their roles.

    Advice to Management

    Continue staying creative to advance the firm into the future and prepare for multiple end point potential options that FHFA might direct.


  10. "My Experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software QA Engineer in McLean, VA
    Former Employee - Senior Software QA Engineer in McLean, VA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Freddie Mac (Less than a year)

    Pros

    Transitioning to agile environment, good opportunity to work on wide range of front-end & back-end applications

    Cons

    Dev & QA should not be working in silos (Waterfall methodology).

    Advice to Management

    Minimize office politics and management can try to keep employees engaged to the company's mission


  11. "Good place to work"

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

    I have been working at Freddie Mac full-time

    Pros

    Work/Life balance; good benefits; the people is very professional and knowledgeable

    Cons

    Difficult to move up in the corporate ladder


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