Fannie Mae reviews

3.6

57% would recommend to a friend

(2,555 total reviews)
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Peter Akwaboah

43% approve of CEO

40% positive business outlook

Fannie Mae has an employee rating of 3.6 out of 5 stars, based on 2,555 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
3.0
Sep 21, 2008
Recommend
CEO approval
Business Outlook

Pros

Before the recent nationwide meltdown in the financial industry, the company was stable, predictable and generous with salaries. Even now, while it may be risky to be in upper management, directors and lower levels are still secure & safe jobs.

Cons

Despite several years of attempted culture change, middle management is still obsessed with empire building rather than the well-being of their employees or the company. Change is resisted. Skills sharing between teams is actively discouraged even while lip service is paid to its importance. Technical skillsets are restricted to silos: network people will never be allowed to touch an operating system, UNIX people can't look at SAN systems, SAN people can't touch monitoring systems, etc..

3.0
Sep 17, 2008
Recommend
CEO approval
Business Outlook

Pros

Good benefits, especially the housing assistance benefit that helps you purchase a home with a forgiven loan after 3 years of service. Does a lot of work in the community to make housing affordable to everyone. Company offers paid days off to volunteer int he community.

Cons

Many decisions are made at the executive level and not communicated down respectfuly or within a reasonable amount of time. Also has ahistory of overloading the company with contractors to get through tought imes thus straining the budget and not being bale to fully invest in permanent employees. This leads to frequent downsizing on a yearly basis.

4.0
Sep 7, 2008
Recommend
CEO approval
Business Outlook

Pros

The mission is important. to many that come to work a Fannie Mae. The company has good benefits. Depending on the department, there is usually good team work among peers.

Cons

Senior management has been out out of touch with the company's main reason for being-mission/ prudent affordable lending. Company managed and run by a few who have held on for many years--all multi-millionaires. Promotional opportunities are based on who you know and not what you know.

Viewing 2545 - 2547 of 2,555 Reviews

Glassdoor has 3,053 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.