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
3.0
Aug 29, 2019
Recommend
CEO approval
Business Outlook

Pros

The pay is pretty good or so I've been told, compared to other similar companies in the area. The work is not too strenuous (and this may depend on the group you're with) and the hours are pretty flexible. Your experience may vary based on your manager and whether or not he/she is a good coach/leader.

Cons

Plenty of red tape . A lot of bureaucracy. Things don't get done at the pace that you would expect things to get done. Too much control on technology and software in the name of security, which itself becomes a hindrance to progress. Decision makers at the senior levels sometimes purely get there due to seniority and may not make decisions that are always best for the organization/team from a long term perspective. Performance evaluation cycles are a sham and all attempts to make it better fundamentally have only resulted in changes to the software/user experience related to the self-assessment write up, which probably accounts for nothing significant at the end of the day. A culture of mediocrity exists and so long as you're mediocre or slightly better, you'll survive for a long time without too much of stress.

3.0
May 25, 2019
Recommend
CEO approval
Business Outlook

Pros

New downtown office building is fancy

Cons

Immediately after joining FM as a contractor, I have realized that contractors are treated as low-level entities in its caste system. Contractors have their own seating areas, equipped with smaller desks along the corridors. When employees get new DELL Precision laptops, contractors get used HP. By the way, contractors are prohibited from attending FM's team building activities. This rule is published on FM's website. I can see some employees do not hide their disdain towards contractors. I have witnessed contractors being yelled by employees. I would like to say, a sort history as a contractor at FM is a good experience, for it will teach you how to stay humble.

Viewing 115 - 117 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.