Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated September 20, 2017
109 reviews

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5.0
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
63 Ratings

109 Employee Reviews

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Pros
Cons
  • very political company, senior management is not good, work-life balance is not good for some groups (in 31 reviews)

  • Work/life balance can be compromised at times (in 12 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. "analyst"

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

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

    Pros

    great work and life balance

    Cons

    the economic cycle might impact job

  3. "Java Consultant"

    StarStarStarStarStar
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at Freddie Mac as a contractor

    Pros

    The Work Environment is Very Good

    Cons

    Contract Projects are short Term.


  4. Helpful (1)

    "Senior Business Analyst"

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

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

    Pros

    Great place to work. Good pay. The very best benefits. Great people to work with.Has a strong and inclusive work culture. Everyone works together and is willing to cooperate with each other to get to the intended objective. The work is interesting and the company works hard to manage work load to minimize need for layoffs. Many long term employees 15 to 20 years and more.

    Cons

    Like any large company, bureaucracy can be an issue. This is more of an issue at the overall corporate level, not as much locally. Raises are minimal and promotions can be slow. Not as many job and promotion opportunities locally as at the corporation headquarters. This is improving as the company has been moving more jobs here to Texas.

    Advice to Management

    Work to weed out or better train the very few managers that are micro-managers. If you really want ideas and opinions from employees, use them.


  5. "Great company. Good leadership within and great people"

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

    Pros

    People, ability to travel, compensation, office location, cafeterias, starbucks, food, flexibility to work from home . Can see lots of different property types.

    Cons

    Antiquated systems. Really out of date software for several of the main systems that are used on a day to day basis


  6. "Project Manager"

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

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

    Pros

    Best place to work and good co-workers

    Cons

    Contractors and employees are treated differently

    Advice to Management

    Increase the infrastructure for all employees or allow workers to work from home.


  7. "Engineer"

    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 (More than a year)

    Pros

    Good work life balance, but must work hard. Great benefit and culture is nice to employee. Human resource people are the best.

    Cons

    Sometimes work can be stressful. Some teams need to support a lot in weekend.

  8. "Nice Culture"

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

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

    Pros

    A very diverse culture. Changes happening all the time. Great benefits. Allows flexible work arrangements. Nice work life balance. Always looking to modernize.

    Cons

    Work can sometimes be stressful. You usually won't see or hear much from senior management. A lot of process improvements can take place.


  9. "Why am still here"

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

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

    Pros

    life and work balance, diversity,

    Cons

    not at this time for me.


  10. Helpful (1)

    "Great place to work"

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

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

    Pros

    paid training including master's programs
    gym and cafeteria on campus
    accessible leadership team

    Cons

    uncertain future of industry
    benefits were cut


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