Fannie Mae reviews

3.5

53% would recommend to a friend

(2,561 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 2,561 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
4.0
Oct 29, 2008
Recommend
CEO approval
Business Outlook

Pros

Great place and people, work life balance, good area to work in. The people are very intelligent and professional and most don't try to cut your throat and would rather work with you than against you in completing tasks. Managers and Directors are top notch, very interested in your professional growth.

Cons

Lack of clarity on future role with company, nobody knows what our mission is anymore, bracing for layoffs. Even though there is an open door policy,there isn't a very flat landscape when it comes to communicating thoughts and ideas with upper management. Cafeteria is also a plus but the lack of other options takes away from that.

4.0
Oct 3, 2008
Recommend
CEO approval
Business Outlook

Pros

Satisfaction in knowing that Fannie Mae does help people own homes, strong benefits package (despite recent cuts), genuinely nice people in middle management and individual contributor ranks. Herb Allison seems to have a clue so far.

Cons

The current economic situation puts us in the crosshairs. Previous CEO exacerbated the effect of the housing downturn by increasing Fannie Mae exposure to non-performing Alt-A loans.

3.0
Sep 21, 2008
Recommend
CEO approval
Business Outlook

Pros

Before the recent nationwide meltdown in the financial industry, the company was stable, predictable and generous with salaries. Even now, while it may be risky to be in upper management, directors and lower levels are still secure & safe jobs.

Cons

Despite several years of attempted culture change, middle management is still obsessed with empire building rather than the well-being of their employees or the company. Change is resisted. Skills sharing between teams is actively discouraged even while lip service is paid to its importance. Technical skillsets are restricted to silos: network people will never be allowed to touch an operating system, UNIX people can't look at SAN systems, SAN people can't touch monitoring systems, etc..

Viewing 2437 - 2439 of 2,561 Reviews

Glassdoor has 3,059 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.