Fannie Mae reviews

3.6

53% would recommend to a friend

(2,562 total reviews)
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Peter Akwaboah

38% approve of CEO

38% positive business outlook

Fannie Mae has an employee rating of 3.6 out of 5 stars, based on 2,562 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
2.0
May 15, 2012
Recommend
CEO approval
Business Outlook

Pros

Excellent benefits and compensation. Love the mission and what the company stands for. Excellent place for work-life balance. Great opportunity to learn.

Cons

Extremely political company - it's all about how long you have worked at Fannie Mae and whether Senior Level Management likes you. I would not recommend this as a place to work. There is so much waste - yet - so such could be done better and more efficiently. It is like going back 20 years in terms of how things are managed. Managers tend to do little within their own team to promote an environment of team work and commaraderie; they tend to be out for themselves. I've never worked in a culture like this - it's a depressing place to be every day.

3.0
Nov 15, 2011
Recommend
CEO approval
Business Outlook

Pros

Pay and benefits. Flexible work environment. Intelligent work force. Good telework solutions.

Cons

Uncertain future. Recurring layoffs. Overly political. Lack of rewards and recognition. Culture of fear. Difficulty making decisions. Lack of accountability at management level. Lack of employee value. Hostile HR partners.

1.0
Jun 17, 2011
Recommend
CEO approval
Business Outlook

Pros

You get the chance to learn about one of the "hottest" products in finance - MBS. The culture of FNM is very government-like wherein many people work 9-5 and there is ususally early release the day before holidays. As long as you finish your assigned work you will be free to determine a schedule that works best for you (unless you are in an accounting role).

Cons

Fannie is extremely siloed in that different groups do not communicate efficiently/freely, resulting in a good deal of duplicity in analytics and effort. Because of the continued public scrutiny and ongoing debate surrounding FNM's future structure there is always a sense that things are being "paired down" and directors need to justify their groups resources/staffing by pointing to the quantity (rather than quality) of work that a group does. The government-like culture also comes with a great deal of bureaucracy.

Viewing 352 - 354 of 2,562 Reviews

Glassdoor has 3,060 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.