Mission Driven Culture. Great work life balance - Senior Associate Software Engineer Fannie Mae Employee Review

5.0
Feb 21, 2023
Recommend
CEO approval
Business Outlook

Pros

Everyone is tied culturally to “the mission” to make homeownership affordable and equitable. In such a large company this definitely makes you feel like your work matters. The work life balance is also amazing. Managers actually let you be the boss of your own schedule and let you decide where you want to work (in office or at home). Half day Friday’s are great! Benefits are top notch and hard to beat.

Cons

It’s a big company, so lots of red tape. Often slow to match salaries with the rest of the industry. But in all fairness this seems like it is starting to improve.

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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