Fannie Mae reviews

3.6

55% would recommend to a friend

(2,558 total reviews)
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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
2.0
Jan 25, 2010

Good on your resume

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great benefits and ability to move around (being a large company). With everything going on in the mortgage market it will look good on your resume

Cons

Poor work/life balance and not the best facilities. Generally a tense and stressful environment and the normal frustrations of woking for a large company

4.0
Jan 6, 2010
Recommend
CEO approval
Business Outlook

Pros

Benefits, 401k match, medical, Salary, somewhat stable than other companies.

Cons

Too much politics, Too many managers without direct reports, Managers claiming credit for the work done by direct reports, Stressful workplace (after the financial crisis), Sr. Management doesn't have a clear direction. Highly political in nature. If you know how to play games, then this is the place for you. Don't rely on your hard work alone to speak for you. Play games and work less and you will survive even layoffs.

5.0
Oct 22, 2009
Recommend
CEO approval
Business Outlook

Pros

In the 5 years I worked for Fannie Mae it was a great company to work for a majority of the time. I left in 2007. I was proud of the work we were doing in the community, people respected the depth and breadth of the work we did and there were plenty of resources to get some really impactful work done. I particularly liked my co-workers and the camraderie we had and how most of us learned from and enjoyed working with each other. Also, Fannie Mae salaries were on the high side for the industry and in the private sector overall. The company's benefit package for positions at all levels, including entry-level admin assistants, was one of the best available in the workforce hands down. I've talked to many, many friends, family and former colleagues who were jealous of what Fannie Mae had to offer.

Cons

One of the biggest drawbacks of working at Fannie Mae was its very hierarchal, top-down structure, especially from headquarters in Washington D.C. to the regional offices to the various offices located in each state. Oftentimes not all of the info you hoped to hear you received because it had to go through so many filters. Also, people who showed the drive, talent and abilities to succeed in a higher position I thought often weren't considered or even invited to apply. In instances where I saw this happen it usually was because they were seen as most helpful in their current position vs moving on to another position they want. Lastly, because of all the issues and turbulence Fannie Mae, along with Freddie Mac, went through because of its accounting scandal, the employee morale began to slip terribly.

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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.