Not a good place for you, if you are looking for Professional environment - Senior QA Analyst Fannie Mae Employee Review

1.0
Feb 15, 2013
Recommend
CEO approval
Business Outlook

Pros

* You get to learn about the mortgage industry. * Lots of talented, hard-working people

Cons

* You are beeing watched all the time, like no one trust you. * Company has gone downhill the past few years, and there is a lot of uncertainty on where it is headed * Many employees stretched thin and stressed * Expect to be on call 24/7 and work overtime on a regular basis, and with no additional compensation or comp time * Incredible amount of work to be done by too few employees who have limited access to resources * Very little time to learn the applications and train * Too many processes with too much dependence on a few key people * Too much complexity in the applications * Management seems to want to push their work onto the employees * Toxic work environment with lots of bickering and tons of office politics * Management wants to create a barrier between contractors and regular employees * Turnover is high with many people leaving in less than 1 year (no surprise given the above points)

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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