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.