Fannie Mae reviews

3.5

54% would recommend to a friend

(2,558 total reviews)
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Peter Akwaboah

37% approve of CEO

39% positive business outlook

Fannie Mae has an employee rating of 3.5 out of 5 stars, based on 2,558 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
Oct 16, 2015

Dallas Valuations

Recommend
CEO approval
Business Outlook

Pros

First in class as far as pay and benefits.

Cons

To say this place is political is an understatement. Promotions, raises and anything else is based in if your Director and VP like you. It has nothing to do with performance. I have have never been so happy to get out of somewhere in my life! I took a $20K/year pay cut just to get my life back.

1.0
Oct 9, 2015
Recommend
CEO approval
Business Outlook

Pros

Their pay grades are decent, in par with the industry. Offer remote working capability, Offers lots of technology areas to work.

Cons

A high energy political environment. If you just do your work sincerely, but don’t keep your eyes & ears open (for what’s going around you) or if you don't know people (Director level and above), it is very hard to survive. Re-org is part of their culture. Before you stabilize with one re-org, another re-org will happen. You need to quickly adopt & rapidly "jump ship" from one group to another, else you will have no future. They have too many inefficiencies that they are struggling to improve in the eyes of FHFA (their monitoring / governing org). They pretend very well as though they are improving, but it is the "same old wine" in a new colored bottle. You do not need to have special talent to get an "officer" position (Director & above) in this company. All that you need is "to stay in the good books" of some of the existing officers. That's all.

1.0
Sep 1, 2015

Buy a clue

Recommend
CEO approval
Business Outlook

Pros

Outstanding Benefits and beautiful work spaces.

Cons

Inept senior management. Terrible budget management. They hire and fire highly talented, experienced and motivated people seemingly at will and WAY too often. Management is WAY too top-heavy with an excessive number of Sr. Directors and multiple layers of VPs who know their craft (the mortgage industry), but nothing about program management or leadership. Fannie Mae has a culture of firing the REAL talent.

Viewing 190 - 192 of 2,558 Reviews

Glassdoor has 3,056 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.