I started many years ago and Fannie was a great place to work. I loved my job, pay was great and all FTE's received a bonus. The past 2 years, upper management has made it very clear that they will continue to get a large bonus, while the working class get little to nothing. If you are not a manager or above, a bonus is a thing of the past
They are hiring contractors by the truckload as many people are leaving to go to different companies. The brain drain is due to all the items above I noted. Do not expect to get a bonus if you are just a normal FTE. Upper management had protected their bonus structure and for anyone they are protecting. Everyone else will lose thousands.
Upper management like to push their product and leave the products that are actually customer with no updates or budget to complete improvements. They only way you will move up in the company is being a yes man to anyone above you. UM states they want to hear different ideas, but if you are not towing the line for their pet project, forget it.
Fannie wants to be the google of the mortgage industry. Google pays well, Fannie does not anymore. Thankfully, I will be leaving soon, like so many others.
