Fannie Mae reviews

3.5

53% would recommend to a friend

(2,560 total reviews)
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Peter Akwaboah

38% approve of CEO

38% positive business outlook

Fannie Mae has an employee rating of 3.5 out of 5 stars, based on 2,560 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
Apr 26, 2009
Recommend
CEO approval
Business Outlook

Pros

Nice Work / Life Balance Interesting business issues to support

Cons

Instability / uncertainty due to current financial crisis Heavy turnover in senior management Potential for further downsizing in the event of a merger with Freddie Mac Government conservatorship is stiffling innovation

3.0
Apr 6, 2009
Recommend
CEO approval
Business Outlook

Pros

Salaries and benefits were good untill the stock crashed. The company in the past has tried hard to work with its employees. They are good about giving employees the opportunity to seek training and education outside of work. When I worked there that was never a problem. I was able to attend several excellent seminars when I worked. My boss was very supportive of my desire to take these courses and so was his boss. People in mid-level jobs were easy to work with. Most of the people at that level were good about getting informtion to you when asked.

Cons

Infomation is not shared, too many employees came from the political arena. They think that getting ahead is simply a functon of who you know and not what you can do. Too many times they were right. So, if people are not good at playing games this may not be the place for you.

4.0
Mar 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Fannie Mae values diversity and allows flexible work options. Senior management has pun an emphasis on volunteer work this year (2009) and promotes our mission in helping housing market. This makes employees feel valuable to the comunity. The company offers competitive benefits. It is an excelent place to work for if you are a working mother or plan to take advantage of maternity benefits. The company has had layoffs in the past 2 years, but has always provided severance packages.

Cons

Jobs are not as secure as they used to be, and the layoffs may affect even the most gifted people. Sometimes it feels like politics play a bigger role than a fact based decision making.

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Glassdoor has 3,058 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.