Fannie Mae reviews

3.6

55% would recommend to a friend

(2,557 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 2,557 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
Mar 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Fannie Mae values diversity and allows flexible work options. Senior management has pun an emphasis on volunteer work this year (2009) and promotes our mission in helping housing market. This makes employees feel valuable to the comunity. The company offers competitive benefits. It is an excelent place to work for if you are a working mother or plan to take advantage of maternity benefits. The company has had layoffs in the past 2 years, but has always provided severance packages.

Cons

Jobs are not as secure as they used to be, and the layoffs may affect even the most gifted people. Sometimes it feels like politics play a bigger role than a fact based decision making.

3.0
Mar 23, 2009
Recommend
CEO approval
Business Outlook

Pros

Like everyone else mentioned, the best thing about Fannie Mae are the benefits. I’m not sure where you can find better benefits this day and age. Tuition reimbursement is double of most other companies and I’m not aware of other companies with employee assisted housing programs.

Cons

Internally the company is very political. If you are not in the right section or even the right team you face an uncertain future. There didn’t seem to be much reasoning behind the latest layoffs. You can perform at a high level and do everything right and you still get laid off. I also do not understand why they laid off so many people, yet there are hundreds of job openings. If the company truly cared about the employees they would have worked with the individuals being laid off and attempted to fill some of the open positions.

2.0
Mar 16, 2009
Recommend
CEO approval
Business Outlook

Pros

If you get the right entry, the salary and benefits are pretty good. Also it depends on which team you end up working in. If the team is bad (or bad management) then its a terrible experience otherwise things can work out ok.

Cons

Longtime employees become part of the furniture. On the technical side an over-dependence on contractors to do the work. You need to be visible (even if you do not do any fruitful work), otherwise forget about any career plans.

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Glassdoor has 3,055 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.