Started out great, but ended miserably... sinking ship of back stabbing, arrogant egomaniacs. - Senior Manager Fannie Mae Employee Review

2.0
Dec 6, 2012
Recommend
CEO approval
Business Outlook

Pros

There are lots of smart, hard working people there that you can learn a lot from. The compensation and benefits are among the best in DC.

Cons

Morale is terrible. Senior executives tend to build their empires with like-minded people and differing opinions, push-back etc. are not well tolerated. The place is crawling with know-it-alls that take credit for everything good (whether they had responsibility or not), but blame others when their own ideas blowup or fail. Most people who advance more by Will than Skill and Confidence over Competence. Turnover and restructurings are constant. In 8 months I had six managers.

Explore other reviews about Fannie Mae

5.0
May 25, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

benefits, pay, work life balance

Cons

no cons to be honest

3.0
Jul 5, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I had thought I’d stay there until retirement. Pay was pretty good and while upward mobility was limited there was an open environment for learning and getting involved in new things. The company was socially conscious with volunteer time available. Flex schedules were available with manager approval and that helped us effectively implement work from home in 2020. We did work a lot of long hours to get projects done but the work seemed to be appreciated and rewarded.

Cons

For a company that had been highly profitable, Bill Pulte came in and started demanding changes for the company to be run more like one on the verge of bankruptcy. Managers were forced to spend significant time managing attendance and schedules and constantly justifying staffing just to have that ignored anyway. Anybody below a Director was cut completely out of these decisions meaning managers would show up to meetings to find the no-shows had been let go with no warning. You just started to see on people’s faces they were miserable, many long time associates quietly hoping they’d be included in the next round of cuts. It’s too bad, a company I had thought I’d retire with really just became toxic.

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