Fannie Mae reviews

3.5

53% would recommend to a friend

(2,560 total reviews)
avatar

Peter Akwaboah

38% approve of CEO

38% positive business outlook

Fannie Mae has an employee rating of 3.5 out of 5 stars, based on 2,560 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Fannie Mae employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
1.0
Apr 18, 2017

Mismanaged

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Decent pay and benefits. Hours worked with commute and home life, not too many late nights.

Cons

Phony and not trust-worthy management, needs constant ego stroking. Current economic environment makes industry unsure of future. Office gets smaller and smaller. Smart people left long ago.

1.0
Feb 20, 2017

Technology People Stay Away!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They have amazing work/life balance---basically work a solid 10am-5pm, and that's it--don't even email at night. Competitive pay and everyone is very nice

Cons

Complacent and see long tenure as qualification for any role. Just b/c you've worked there for 18 yrs, doesn't mean you're qualified to be the Director of any department. If you want to bring in a new technology to replace your dinosaur systems, you need to hire leaders who, 1) know how to implement a technology system, and, 2) at least know something about the technology.

1.0
Jan 21, 2017
Recommend
CEO approval
Business Outlook

Pros

Great company- each department is different Benefits Decent pay Nice campus with parking (but will be gone soon with the move to downtown DC)

Cons

Supervisors and manager do absolutely nothing. The director is a complete (fill in the blank). Difficult to work in a team environment. Everyone gossips like it's HS. Promotions and pay increases are given to unqualified candidates. Retention rate is low so the team is never stable Morale is low Metrics driven so be prepared to be micromanaged to where you can't even leave your desk to use the bathroom. Pointless daily morning huddle meetings at 8:30AM to make sure you are on time (another measure of micromanaging) VERY political. They hire only their referrals. Join the team and you'll see what I mean. 5% Merit increases are only given to favorites. Work from home is only Tuesday and Thursday. And there is no flexibility to change so it can help your life outside of work. CALL CENTER ENVIRONMENT Only way to receive promotion is when someone takes another position to another department.

Viewing 298 - 300 of 2,560 Reviews

Glassdoor has 3,058 Fannie Mae reviews submitted anonymously by Fannie Mae employees. Read employee reviews and ratings on Glassdoor to decide if Fannie Mae is right for you.