Fannie Mae reviews

The past few years, since 2008 have been somewhat of a concern. Fannie Mae was put under conservatorship of the government. The future is somewhat uncertain

- Reporting on delinquent loans, from inventory and REO (Real Estate Owned) properties to performing loans has an unexagerated lag time of 45 days. This is a painfully unacceptable delay. - Sr. Management's major priority is to drive all managers to provide reporting in a 75 slide power point presentation. This monopolization of our time paralyzes operational efficiency by sacrificing critical time needed to execute strategies and halts all efforts to achieve resolution of the millions of loans that need attention. - Ego leads the pack as does the cannibalistic self-promotion at all levels in most teams - The shameful lack of internal departmental coordination is a constant threat to the operation's effectiveness. This segregation of departments ranging from accounting to legal, sales to servicing and so much more, will result in heavy losses at the expense of our nation's taxpayers and investors.