Fannie Mae reviews

3.6

55% would recommend to a friend

(2,558 total reviews)
avatar

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 2,558 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
Feb 6, 2011
Recommend
CEO approval
Business Outlook

Pros

- Pay is competitive, but you will be bored senseless - Can hide out, if that's your thing - The IT support for individual users is actually quite good - very helpful people on that staff

Cons

Great place if you want to be surrounded by - mediocrity - entitlement - ridiculous bureacracy - even your screensaver is dictated (and controlled) by the company. Endless policy documents and versions of policy. - favoritism, cronyism - too many chiefs, not enough indians. Way too top-heavy. Too many people "scoping and leading" and "creating strategy" (laughable) and way too few doing any actual work. - telework - can telework 1 day a week, and it HAS TO BE THE SAME DAY EACH WEEK - High paranoia - everthing is top, top secret... An absurdly poor company that occasionally sees flashes of mediocrity. "Leadership" is a joke - they have no idea of where they want to go, and even less of an idea of how to get there. Of course, they blame conservatorship on their inability to act... they are more concerned with how they look than what they can do. Have not seen a more arrogant, self-serving bunch of "leaders" since Enron. The company functions at a snail's pace, due to incopetence and to the fact that no one here has a backbone. No one steps forward and takes the lead on anything, despite all the "strategy development" they say they're doing. These guys wouldn't know strategy if it bit them. They refuse to manage performance - that is, those who are below on performance expectations and standards are not managed out. Instead, they are either put up with, or are somehow transferred around the company. Thankfully there is a hiring freeze or at least a dramatic reduction in openings - save yourself a lot of grief and skip this for another company. Any other company.

1.0
Feb 2, 2011

Bureacratic

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Company will be restructured and there will be mass layoffs Hopefully, Company will stop gutting the tax payer

Cons

Similar to working in a third world country Extremely bureaucratic. Very inefficient use of time and resources on projects going nowhere. Very vague methodologies of models Incompetent people are everywhere, on all levels

Viewing 2446 - 2448 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.