Is Fannie Mae a good company to work for as a Software Developer?

Software Developer professionals working at Fannie Mae have rated their employer with 3.6 out of 5 stars in 96 Glassdoor reviews. This is an average score with the overall rating of Fannie Mae employees being 3.6 out of 5 stars. Search open Software Developer Jobs at Fannie Mae now and start preparing for your job interview by browsing frequently asked Software Developer interview questions at Fannie Mae .

Does Fannie Mae pay Software Developer employees well?

Software Developer professionals rate their compensation and benefits at Fannie Mae with 4.5 out of 5 stars based on 96 anonymously submitted employee reviews. This is 11.8% better than the company average rating for salary and benefits. Find out more about Software Developer salaries at Fannie Mae.

How happy are Software Developer professionals working at Fannie Mae?

57% of Software Developer employees at Fannie Mae would recommend their employer to a friend. This rating has decreased by 16% in the past 12 months. Software Developer professionals have also rated Fannie Mae with a 4.0 rating for work-life-balance, 3.7 rating for diversity and inclusion, 3.4 rating for culture and values and 3.2 rating for career opportunities.

What are the top reviewed jobs at Fannie Mae?

Software Engineer (90) , Project Manager (70) , Director (68) , Senior Associate (68) , Business Analyst (67) , Manager (63) , Lead Associate (52) , Analyst (40) , Associate (39) , Senior Software Engineer (36) , Senior Project Manager (30) , Associate Software Engineer (29) , Financial Analyst (27) , Financial Engineer (24) , Intern (24)

What are the pros of working at Fannie Mae according to real employee reviews?

"Great benefits including health insurance and 401K" ((in 471 reviews)); "Good work/life balance if you know how to manage up and manage your workload" ((in 344 reviews)); "Great people and team environment" ((in 182 reviews)); "Good Salary and some bonus." ((in 92 reviews)); "Great culture and values." ((in 85 reviews))

What are the cons of working at Fannie Mae according to real employee reviews?

"There is the sense by many Fannie Mae'ers that there is no life after Fannie Mae so most put up with inefficiencies and poor management." ((in 118 reviews)); "Slow to no job growth, bad managers, very unorganized, "hybrid" but actually remote" ((in 90 reviews)); "Frequent layoffs which cause constant anxiety" ((in 53 reviews)); "A lot of mediocre to bad leadership in middle management and below." ((in 45 reviews)); "Middle management is bloated and bureaucratic." ((in 23 reviews))

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Fannie Mae

Fannie Mae Software Developer reviews

3.6

57% would recommend to a friend

(96 total reviews)

Peter Akwaboah

Not enough data to show CEO approval

22% positive business outlook

Ratings by category

4.5

Compensation and benefits

4.0

Work/Life balance

3.7

Diversity & inclusion

3.5

Senior management

3.4

Culture & values

3.2

Career opportunities

Software Developer employees have rated Fannie Mae with 3.6 out of 5 stars, based on 96 company reviews on Glassdoor. This indicates that most Software Developer professionals have a good working experience there. Fannie Mae is rated in line with the average (within 1 standard deviation) by Software Developer professionals compared to other employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

96 reviews

5.0

Jan 9, 2026

Good company

Software engineer

Recommend

CEO approval

Business Outlook

Pros

I enjoyed working there, it was during telework remote heaven. I had good work life balance because it’s enterprise.

Cons

Lots of Indians (I say that as an Indian)

1.0

Dec 1, 2025

Great benefits, horrible development

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Great Benefits yearly 3-5% bonus Work life balance is pretty good Lots of resources to develop on

Cons

I was put on a team where all my seniors had 20 year+ of experience. I never got the chance to work on anything that made an impact, any work that I could have worked on to learn how to do the role to get hands on experience would be assigned to me then finished by my teammember. So for almost 3 years I had work complete by my coworkers and when I attempted to work on work my tech lead would tell me not to worry and just focus on small tasks. So being there for 3 years I barely progressed as a software engineer. Which is great id you want to coast by but I was let go when they let go our high performers and when I was told to pick up their slack and asked for assistance they let me go and replaced me with a contractor with 20+ years od experience.

3.0

Oct 31, 2025

They will work you

Software developer

Recommend

CEO approval

Business Outlook

Pros

Professional Environment, excellent benefits, and great teams to work in.

Cons

Political workplace, company will not care for the priorities or capabilities of the individual

Viewing 16 - 18 of 96 Reviews

Jobs at Fannie Mae

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Fannie Mae

Fannie Mae Software Developer reviews

Ratings by category

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Reviews by job title

Good company

Great benefits, horrible development

They will work you

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