Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated July 12, 2017
669 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. "Great mission"

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

    I worked at Freddie Mac full-time (More than 3 years)

    Pros

    The culture is very Laid back. They have lots of old people that's been with the company for-ever. Making home affordable

    Cons

    Limited room for advancement . Makes want you to jump ship every day you come to work . Wish they could get out of conservatorship asap

    Advice to Management

    Bring back good bonus


  2. "Great Company"

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

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

    Pros

    Great benefits, good work-life balance, smart and wonderful people to work with.

    Nice gym and lots of coffee and tea everywhere. The cafes are awesome and lots of parking!!

    Cons

    None I could think off

  3. Helpful (4)

    "Development, Snr"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Lead/Senior Developer in Mc Lean, VA
    Current Employee - Lead/Senior Developer in Mc Lean, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Flexible Work Arrangement and relax environment.

    Cons

    Technically weak leads, politics, no technology advancement.


  4. Helpful (3)

    "Conservatorship blues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Analyst in McLean, VA
    Current Employee - Finance Analyst in McLean, VA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    On site cafeterias.
    Free parking.
    Gym.

    Cons

    Sliding downhill since conservatorship, trying to redefine itself. Change is coming at a glacial pace. Employees get tired of doing the same tasks over and over and leave, or hope to stretch to retirement. Work centers on compliance and process, not innovation. Hard to move to other teams. Uneven - some managers are hard-working and knowledgeable, others are archaic and show poor people skills. Unless you want to specialize in the mortgage sector, it will most likely not meet your needs for professional development.

    Advice to Management

    Competition from the private sector will come. Drive the culture change needed; invest in your employees and make management responsive and accountable.


  5. "Credit Manager"

    StarStarStarStarStar
    • 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


  6. "Director"

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

    Pros

    Work/life balance
    Interesting work
    Benefits (gym, medical clinic on-site)
    Highly professional colleagues

    Cons

    Continual cutting of middle management and attempted replacement with entry level staff - very stressful for middle management
    Future of the company is unknown because of conservatorship
    Company shrinking except in IT


  7. "Manager"

    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

    Pros

    competitive pay, great benefits, company with a good mission, excellent leadership

    Cons

    i have not observed any cons

  8. "IT Intern"

    StarStarStarStarStar
    • 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. "Business Analyst"

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

    I worked at Freddie Mac (More than a year)

    Pros

    The company cafe is good, each building has one cafe

    Cons

    They treated the consultants so difference. The salary is low.


  10. "Best Place to Work!"

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

    I worked at Freddie Mac full-time (More than 3 years)

    Pros

    Great training program through the on-boarding process and throughout your career. Everyone is friendly as you walk around the corporate campus. Great flexible work arrangements. Good performance is awarded.

    Cons

    Slow decision making sometimes. The slower-paced teams can impact project timelines.


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