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
Sep 24, 2015
Recommend
CEO approval
Business Outlook

Pros

Provide a good work life balance

Cons

It is not about the work you do but who you know.

2.0
Sep 22, 2015
Recommend
CEO approval
Business Outlook

Pros

Good benefit. Generous 401k plan. Salary is about industry average.

Cons

Wrok/Life balance is poor in some groups. Some directors send you emails on Friday afternoon asking for some deliverables on Monday morning, which means your weekend is gone. They take this for granted and so do that over and over again. Terribly old technology. The company was still using WinXP in 2015. Some VPs and directors never knew how to respect people. Bureaucratic environment. Poor IT support. On-board process was extremely inefficient and painful. It can take you 2-3 weeks to just have SAS worked. No one would want to help you because they do not want to experience the torture again.

2.0
Aug 6, 2015
Recommend
CEO approval
Business Outlook

Pros

- One of the better paymasters in the DC area - Still has overall good benefits - though they are going away quickly over the years - Location of offices in Northern VA, MD, DC offer multiple commute choices if your manager allows - Fairly decent technology environment and remote working capabilities

Cons

- Upper executive management over the years have been replaced with Wall Street execs with less than ideal values and culture - Lack of commitment to the firm from most of the top executives who have been commuting weekly from out of town for over 5 years - Short-term focus (and hence lack of focus) - Sense of mission purpose is no longer clear - Politically motivated - does not operate like a "real" firm from a financial or results perspective - Unqualified leadership (by experience and domain expertise) at both the executive and middle-management levels - Go-along mentality is more a success criteria rather than results - Core IT services have been outsourced, it was a disaster and it's getting worse - Morale at the working staff level is "low"

Viewing 124 - 126 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.