Is Fannie Mae a good company to work for?

Fannie Mae has an overall rating of 3.6 out of 5, based on over 3,053 reviews left anonymously by employees. This rating has decreased by 6% over the last 12 months. 57% of employees would recommend working at Fannie Mae to a friend and 40% have a positive outlook for the business. The best reviews about Fannie Mae have been left by employees working as Cyber Security Analyst , Intern and Associate Software Engineer .

Does Fannie Mae pay their employees well?

According to anonymously submitted Glassdoor reviews, Fannie Mae employees rate their compensation and benefits as 4.0 out of 5. Find out more about salaries and benefits at Fannie Mae. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Fannie Mae?

57% of Fannie Mae employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Fannie Mae 3.6 out of 5 for work life balance, 3.3 for culture and values and 3.1 for career opportunities.

What are the top reviewed jobs at Fannie Mae?

Software Engineer (88) , Project Manager (70) , Director (68) , Senior Associate (68) , Business Analyst (67) , Manager (63) , Lead Associate (52) , Analyst (40) , Associate (38) , Senior Software Engineer (36) , Senior Project Manager (30) , Associate Software Engineer (29) , Financial Analyst (27) , Financial Engineer (24) , Intern (24)

What are the pros of working at Fannie Mae according to real employee reviews?

"Good benefits and Very worker friendly" ((in 482 reviews)); "Good work/life balance if you know how to manage up and manage your workload" ((in 327 reviews)); "Great people and team environment" ((in 179 reviews)); "Great culture and values." ((in 100 reviews)); "Good Salary and some bonus." ((in 81 reviews))

What are the cons of working at Fannie Mae according to real employee reviews?

"bad management/ no management whatsoever" ((in 117 reviews)); "Slow to no job growth, bad managers, very unorganized, "hybrid" but actually remote" ((in 88 reviews)); "Frequent layoffs due to over" ((in 55 reviews)); "A lot of mediocre to bad leadership in middle management and below." ((in 44 reviews)); "Morale is low" ((in 23 reviews))

What are employees saying about Fannie Mae layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Fannie Mae layoffs and their outlook for job security at Fannie Mae in 2026.

What are the top reviewed Fannie Mae locations?

Washington , Reston , Dallas , Herndon , Plano , Addison , Arlington , Atlanta , Chicago , Virginia Beach , Ashburn , Fairfax , New York , Philadelphia , Los Angeles , Rockville , McLean , Aldie , Boston , Centreville , Chantilly , Austin , Houston , Irvine , Colorado Springs , Seattle , Potomac , Urbana , Tysons Corner , Rest

Fannie Mae reviews

3.6

57% would recommend to a friend

(2,555 total reviews)

Peter Akwaboah

43% approve of CEO

40% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (2,555 reviews)

Ratings by demographic groups

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Fannie Mae has an employee rating of 3.6 out of 5 stars, based on 2,555 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

Jan 23, 2024

Bad management, bad tech, amazing benefits

Senior data scientist

Recommend

CEO approval

Business Outlook

Pros

Benefits are extremely generous - excellent 401k matching, lifestyle spending account that can be used for almost anything, many extra days off. Salaries are very competitive for the industry. The people who complain most have delusions of working for top-tier tech companies. Easy to impress people if you're competent. An excellent place to cruise until retirement. Most of the time work life balance is very good.

Cons

Everything at FNMA is about appearances with no concern for function: 1. Managers prioritize sexy projects with questionable value rather than making sure their core products don't fall apart. 2. Cybersecurity is mostly theater and requires insane workarounds with chains of virtual machines that often break and are extremely slow when they do work. 3. Upper management's solution to everything is to create additional bureaucracy that covers things that were already covered. 4. Documentation usually exists, but it is designed by and for technically incompetent audiences. It's also stored on random confluence pages that aren't kept to date.

1.0

Jun 13, 2015

The Worst Tech Company Ever

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Free coffee and Hot chocolate. It's very hard to find much positive. The pay is average, but dependent on things not related to your job position.

Cons

They follow the philosophy that lots of management makes a better product. People who have run operations organizations typically run the development organizations. These people are very short sighted and lack the experience to run a truly world class development organization. Software Development here is more akin to a third world sweet shop. Too much process and procedure to get much done in an efficient manner. Cronyism is run rampant. Vendors are push down to development teams through the vast number of VPs in the organization. Vendors tend to have high rates and no skills. Literally most kids out of college with good leaders can do much better, faster and for less cost. Simple projects in other companies that take 4 our 5 people to do in 6 months, take a team of 40 to do in a year. Poor quality code and workmanship is everywhere.

1.0

May 22, 2025

Different company than before

Director

Recommend

CEO approval

Business Outlook

Pros

Was a great company to work for before the new chairman of the board.

Cons

No work life balance. Removed work from home with no advance notice. Layoffs and back biting are rampant. Would not recommend for jobs.

Viewing 10 - 12 of 2,555 Reviews

Jobs at Fannie Mae

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Desktop Packaging Engineer

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Fannie Mae

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