Fannie Mae reviews

3.6

55% would recommend to a friend

(2,557 total reviews)
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Peter Akwaboah

38% approve of CEO

39% positive business outlook

Fannie Mae has an employee rating of 3.6 out of 5 stars, based on 2,557 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
May 25, 2022
Recommend
CEO approval
Business Outlook

Pros

work life balance is good

Cons

toxic culture, no body care qualities of work. Most new hires do not know what they are doing, and they do not care about the quality of the work. Horrible working place

4.0
Apr 1, 2022

Great Pay, Terrible Managers

Recommend
CEO approval
Business Outlook

Pros

Great salary, work/life balance, and benefits (401k, etc.)

Cons

Your manager will make or break your experience. Some can be very unsupportive and create or allow toxic team environments that negatively impact you. Others are on a complete "power trip" and feel like they can treat their own staff members terribly because there's no repercussions for their actions. Also, there's very little opportunity to move around or advance in your career. It seems like people come and just sit in the roles for years, collecting a pay check. There are some older people who do very little and impede progress and innovation. The company offered a voluntary exit package multiple times, which some of them wouldn't take. But they don't want to do any real work either so someone needs to make the tough decision to let some of them go.

2.0
Mar 3, 2022
Recommend
CEO approval
Business Outlook

Pros

Really depends on what division/team you are. Some teams are overworked and understaffed, some teams work couple of hours a day and have a lot of slack time. Might be a good place to retire, but not to start your career. Almost non-existent training and expanding skills opportunities, lots of post college employees leaving within 2 years Pros: - 401K 6%match - The majority of people working are nice - Great office buildings. Allows work from home

Cons

- Disconnected management from hands-on employees. Words and actions don’t match - Understaffed teams. Overtime work - Work/life balance depends heavily on what team you’re assigned to - Pay is lower than what you can get at other companies - Ineffective and bad performance employees aren’t laid off easily which causes lots of stains between team members - Constant re-organizations. Higher management randomly moving people to areas they don’t have expertise at or desire to work at - Responsibilities aren’t clearly outlined, which makes it hard to understand a clear path for promotions - Not tech advanced company, constant tech issues which take forever to resolve - High turnover rate since 2020

Viewing 106 - 108 of 2,557 Reviews

Glassdoor has 3,055 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.