It is okey if you do not mind being treated as a second class - Contractor Fannie Mae Employee Review

3.0
May 25, 2019
Recommend
CEO approval
Business Outlook

Pros

New downtown office building is fancy

Cons

Immediately after joining FM as a contractor, I have realized that contractors are treated as low-level entities in its caste system. Contractors have their own seating areas, equipped with smaller desks along the corridors. When employees get new DELL Precision laptops, contractors get used HP. By the way, contractors are prohibited from attending FM's team building activities. This rule is published on FM's website. I can see some employees do not hide their disdain towards contractors. I have witnessed contractors being yelled by employees. I would like to say, a sort history as a contractor at FM is a good experience, for it will teach you how to stay humble.

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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