Fannie Mae reviews

3.6

57% would recommend to a friend

(2,556 total reviews)
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Peter Akwaboah

43% approve of CEO

40% positive business outlook

Fannie Mae has an employee rating of 3.6 out of 5 stars, based on 2,556 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Fannie Mae employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
1.0
Oct 6, 2016

InfoSec - Needs drastic improvement

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Reston has an absolutely beautiful campus. -On-site gym is a plus. -You will work with just a handful of talented, hardworking engineers and problem solvers. -You will not be managed (plus if you're the type of contractor who is just coasting by and not trying to be hired or fired; just collecting checks)

Cons

-There is absolutely no concept of Teamwork. -Your manager will not guide your or help you or answer any questions because "too busy." -Manager Communication style is "Obstruct, Obstruct then Obfuscate." -Some managers are very competent others are absolutely ignorant and have no idea about the bare basics of technology process. -Contractors have taken over the department which creates no continuity in process or products implemented.

2.0
Apr 26, 2016

HR Problems Abound

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The pay is solid and the benefits are great. Excellent 401k match plus bonus match in lieu of stock purchases, yearly bonuses, family sick leave, floating holidays, good medical.

Cons

Constant layoffs - the enterprise is scheduled to be continually pared down; consequently every 6 months to a year, there is a significant round of layoffs, usually spanning one or two divisions. Unfortunately, the folks who always seem to make it through unscathed, or who are quickly rehired into other positions are frequently the ones who started in the 80's and 90's and are generally accepted to be unqualified and lazy. HR is a joke and employees joke about how HR exists only to protect management from the actions of these people. Bottom line: want to work for Fannie? Get ready to go through several reorgs and managers within a couple years and count on getting at least one manager who has been laid off and rehired three times (sometimes inexplicably getting two- to three-step promotions upon rehire!), who takes credit for your work and tries to throw you under the bus when he/she fouls something up or his/her general incompetence is exposed.

1.0
Sep 21, 2015

Terrible mid-level management

Recommend
CEO approval
Business Outlook

Pros

The health and home buying benefits are good, 401k match is average. Pay is pretty good, not much of a bonus though.

Cons

Mid level managers have their first taste of power and abuse it, they truly believe micromanaging people is what leadership is. Little do they know they're going to continue to run off great talent in the Dallas area.

Viewing 34 - 36 of 2,556 Reviews

Glassdoor has 3,054 Fannie Mae reviews submitted anonymously by Fannie Mae employees. Read employee reviews and ratings on Glassdoor to decide if Fannie Mae is right for you.