Decent company to work for if you are on a good team, just bad management / bureaucracy to work with - Accountant Fannie Mae Employee Review

3.0
Mar 16, 2020
Recommend
CEO approval
Business Outlook

Pros

Pro: Fair pay and decent 401K match (6% with instant match), mostly nice colleague, work remotely twice a week, free online training from O'reilly (it has all types of training) , $150/month parking benefit, volunteering house rebuilding program that takes you to different states, cafeteria, decent amount of corp social events, brand new office, great corp gym

Cons

- TONS of bad managers, office politics, and corporate bureaucracy to work with - work two weekends each month during month end and quarter close - a lot of meaningless meetings and boring work, you copy/pasting excel, check excel formulas to make sure the data output is correct, have a TONS of meeting, making sure the input data was correct - their SOPs are outdated, so you have to learn the process on your own and as you work. You can ask your friendly colleague (most of them are nice, only some are knowledgeable) if you have questions but manager will think you cannot perform your work -my manager was borderline abusive. Calling and emailing you at 10pm and weekends. Force people to weekly training meeting with no end goal. No people skills. If you ask them too many questions, they will start judging your ability to perform your work - their database legacy system are... legacy / outdated, makes it difficult to obtain data. You have to ask another team to get the data for you, which mean others will do the same thing. It makes the work frustrating since half of your time is waiting for data and it might be wrong - they just change their corporate structure to make it harder for people to advance / get promotion. There are a lot more layers, more entry, middle, and manager titles before you will ever get promoted. for current employee, it's like everyone got demoted - rotation program is selective and based on favorites, you have to go behind your manager to apply for other jobs within the firm - promotion is based on position availability and favorites. - No bonus structure for employee (even thou they say they have one), management will always get their bonus - you have a bi-weekly meeting w/ your manager and a monthly one with your director. Then you have a daily huddle 15 min meeting (if you are lucky, or it usually go over). On top of those, you might have one or two meetings every other day - tons of employee surveys to fill out, management does not take them seriously unless it's favorable critique - Trying to come out of conservatorship means they careless about employee well-being, benefits, and no budget for team social events (all grouped into a corp event) - commuting to DC

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
Jun 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team and luckily for me great leadership in my direct line up to my SVP.

Cons

It’s horrifying how things have changed since Pulte took over. Layoffs, elimination of entire job categories but not the responsibilities of those jobs. It’s not just you work more because a teammate is gone, it’s do a completely different job while still doing you job plus all of your layed off coworkers job.

3
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