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      Fannie Mae

      Engaged Employer

      Fannie Mae reviews

      3.5

      54% would recommend to a friend

      (2,558 total reviews)
      avatar

      Peter Akwaboah

      37% approve of CEO

      39% positive business outlook

      Ratings by demographic groups

      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
      2.0
      Jun 25, 2011

      Employee morale at all-time low - not a dignified work environment

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Historically, great colleagues made the work environment wonderful. Salary is respectable. However, as attrition is increasing, no one wants to be the one left to turn out the lights.

      Cons

      With morale so low, politics and backstabbing have risen dramatically. Management does not give a hoot about career advancement, development, or morale for that matter. Senior management seems to be scrambling. Frequent layoffs come in dribs and drabs has made an anxious workforce. Reorgs without clear explanation. Not enough attention or caring to what is happening to borrowers who face foreclosure.

      3.0
      Jun 17, 2011

      Learning the “Transparency” is only for the little guys and not the Leadership or the “Who you knows”

      Crt
      Recommend
      CEO approval
      Business Outlook

      Pros

      Really good pay if you work in QC! Now that department is a joke. If you work in CRT or QA/CRT you will need a sleeping bag.

      Cons

      Again if you work in QC you have it made. But QA/CRT and CRT you can't even take a lunch its backass backwards! Do Quality work, but then when the others leave the room, its, go get 4 files done, or 5, or 6. Whatever it maybe but get them done as management leaves for the night and says have a good evening or weekend. Yeah Right. STRESS

      1.0
      Jun 17, 2011

      Chance to learn about securitization and MBS within a government-like workplace

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      You get the chance to learn about one of the "hottest" products in finance - MBS. The culture of FNM is very government-like wherein many people work 9-5 and there is ususally early release the day before holidays. As long as you finish your assigned work you will be free to determine a schedule that works best for you (unless you are in an accounting role).

      Cons

      Fannie is extremely siloed in that different groups do not communicate efficiently/freely, resulting in a good deal of duplicity in analytics and effort. Because of the continued public scrutiny and ongoing debate surrounding FNM's future structure there is always a sense that things are being "paired down" and directors need to justify their groups resources/staffing by pointing to the quantity (rather than quality) of work that a group does. The government-like culture also comes with a great deal of bureaucracy.

      Viewing 2416 - 2418 of 2,558 Reviews
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      ReviewsFannie Mae 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.