Company with diminishing future .. though still pays well - Director Fannie Mae Employee Review

2.0
Aug 6, 2015
Recommend
CEO approval
Business Outlook

Pros

- One of the better paymasters in the DC area - Still has overall good benefits - though they are going away quickly over the years - Location of offices in Northern VA, MD, DC offer multiple commute choices if your manager allows - Fairly decent technology environment and remote working capabilities

Cons

- Upper executive management over the years have been replaced with Wall Street execs with less than ideal values and culture - Lack of commitment to the firm from most of the top executives who have been commuting weekly from out of town for over 5 years - Short-term focus (and hence lack of focus) - Sense of mission purpose is no longer clear - Politically motivated - does not operate like a "real" firm from a financial or results perspective - Unqualified leadership (by experience and domain expertise) at both the executive and middle-management levels - Go-along mentality is more a success criteria rather than results - Core IT services have been outsourced, it was a disaster and it's getting worse - Morale at the working staff level is "low"

Explore other reviews about Fannie Mae

5.0
Mar 28, 2026
Recommend
CEO approval
Business Outlook

Pros

The work environment is very supportive

Cons

Your growth is very limited

3.0
Jun 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team and luckily for me great leadership in my direct line up to my SVP.

Cons

It’s horrifying how things have changed since Pulte took over. Layoffs, elimination of entire job categories but not the responsibilities of those jobs. It’s not just you work more because a teammate is gone, it’s do a completely different job while still doing you job plus all of your layed off coworkers job.

3
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