Fannie Mae Employee Reviews

Found 419 reviews matching the search
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Lots of Opportunities to Advance
Sr. Project Manager (Former Employee) –  Washington, DCMarch 16, 2017
My career grew constantly while I was at Fannie Mae. They were very supportive of helping me achieve a work-life balance that worked for me. I had the flexibility to telework and work part-time. I also was able to flow between being a people manager and an individual contributor with no problem and no affect to my compensation. I was able easily to relocate with the company as well when I desired to be closer to my family. The culture was very accepting and the benefits were typically ahead of the curve.
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Great Place to Work, Need to be a Politician to advance here.
Asset Manager (Former Employee) –  Fort Lauderdale, FLDecember 14, 2016
Great pay, benefits, and work life. Significant cost overruns in every area due to atmosphere where no one questions expenditures in an effort not to ruffle feathers of other senior positions. The employee state of mind is come to work, keep your head down, don't ask questions, and do your job. Questioning any decision or offering new method of efficiency will be perceived as challenging your superior and life will be very difficult from that point out.
Pros
pay, health benefits, vacation time, balanced work life
Cons
politics
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Fannie Mae - A Great Place to Work!
Project Analyst II (Former Employee) –  Washington, DCDecember 2, 2016
Fannie Mae is by far one of the top employers in the D.C. area. I was particularly drawnto the company by their mission of affordable housing. The company is employee friendly, diverse, and promotes community volunteerism. Employees are compensated on a merit-based system which is fair and unbiased.

A typical day includes assisting department lawyers and staff with retaining outside counsel llaw firms and with registration of firms with our billing vendors. Assisting department staff with registration for corporate memberships of which I was the liaison. Interacted on a daily basis with senior management on a variety of issues. Coordinated volunteer iniatives such as Angel Tree, Help the Homeless, and Habitat for Humanity. Also assisted with coordination of conferences and team-building projects.
Pros
Promotion of employee team building events, generous volunteer leave, healthcare, generous benefits packages, overall, work-life balance encouraged, diversity, collaborative team, executive management supportive
Cons
Not all managers encourage flexible work schedules.
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Great work culture, Ever changing goals
REO Sales Representative (Former Employee) –  Fort Lauderdale, FLJanuary 25, 2017
Fannie Mae has a great work culture. I worked in a regional office and the culture was inclusive, fun & a friendly competitive atmosphere. Mgmt was constantly changing the compensation plans, goals were unevenly determined and distributed by management. Compensation was based on metrics, including meeting arbitrarily set goals, that could easily be manipulated by the subjectivity of management.
Pros
Friendly work environment
Cons
Inconsistent compensation plans
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Daily work
Financial Analyst (Former Employee) –  Mae, WADecember 20, 2016
Journal entries
Reconciliations
Analysis and reporting
Research
Trained employees, monitored and evaluated consultant’s performance.
Assisted in the development of a new accounting system including the drafting of system requirements and all aspects of user acceptance testing.
Pros
Love the benefits and the people I worked with
Cons
No opportunity of advancement when I was there
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Great place to start a career
DevOps Systems Analyst (Current Employee) –  Reston, VADecember 13, 2016
There is lots of room to grow with Fannie Mae and are interested in what you want to do. They will listen to your concerns and help you transition into new roles if available. Incredibly talented and hardworking employees, but managers are very busy and sometimes hard to get in touch with. Lots of contractors so turnover happens pretty frequently.
Pros
Great benefits and on site gym
Cons
Many releases requiring support on weekends
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Great Place, great people good company
Sr.Oracle Database Administrator (Current Employee) –  Reston,VAFebruary 7, 2017
Excellent place to work. very supportive people and very good management group.employee benefits also very good. career growth also very good as always more opportunities to explore on different tasks.
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Good place to start or end your career
Business Analyst II (Current Employee) –  Reston, VAJanuary 24, 2017
good starting salary for entry level, 15 days vacation to start and increases every year, flexible work arrangements (i.e. working from home) not a lot of pressure, not a lot of room to advance your career/salary, most people are very friendly and nice to work with.
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Overall enjoyable and provides challenges
Senior Analyst (Current Employee) –  Washington, DC 20016January 25, 2017
Productive and fun workplace with ping pong tables, a respectful environment, and staffed with highly motivated professionals.
Pros
Great benefits and highly competitive salary.
Cons
Job culture can be stiff and sometimes ceremonious.
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Good place to work for someone with a family
Financial Analyst I (Current Employee) –  Washington, DCNovember 16, 2016
Great work life balance.
Awesome Benefits.
Culture is adapting to the times.
Technology is also adapting to the times.
Pros
Great Benefits. Great work life balancec
Cons
Hard to move up.
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Productive and work culture is good
UI Developer (Current Employee) –  Herndon, VAJune 14, 2016
As a leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today's housing recovery and helping to build a sustainable housing finance system. We exist to provide reliable, large-scale access to affordable mortgage credit across the country at all times so people can buy, refinance, or rent homes. The Federal National Mortgage Association (FNMA), colloquially known as Fannie Mae, was established in 1938 by amendments to the National Housing Act after the Great Depression as part of Franklin Delano Roosevelt's New Deal. Fannie Mae was established to provide local banks with federal money to finance home mortgages in an attempt to raise levels of home ownership and the availability of affordable housing.
Pros
Free lunches
Cons
Not long hours
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Excellent place to work
RETIRED: Various positions (Former Employee) –  Washington, DCMarch 1, 2017
Benefits were great; long and busy days. I learned a lot during the years that I worked for this company. Many changes took place over the years. One must be able to adept to frequent changes.
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Great Place to work.
Accountant (Current Employee) –  Dallas, TXNovember 6, 2016
Great place to work. Flexible work environment. Paid vacations. 401K, sick pay. Opportunity for advancement. Off on major holidays. Great work life balance.
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Average Company
Manager (Current Employee) –  Mae, WAJanuary 15, 2017
Average company, depends on your manager, mine is terrible. Many people work from home which is a huge benefit. Fair benefits and time off, nothing spectacular. Moving to a new facility next year.
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great place to work
Project Analyst III (Current Employee) –  Washington, DCOctober 17, 2016
Fannie is a great place to work and grow. Benefits are fantastic, compared to other companies in the area. Management is great and addresses their employees needs.
Pros
great benefits and pay
Cons
location and constant change
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Productive Environment
Governance Support Specialist/Quality Control (Former Employee) –  Dallas, TXOctober 11, 2016
Working at Fannie Mae was a pleasure. Great hours and work from home ability made this a wonderful place to work. I learned a lot about the REO non-servicer and servicer field. The team I worked with was one of the BEST teams ever.
Pros
great pay and benefits
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Strong Culture and great benefits
Loan Operation Specialist II (Former Employee) –  Pasadena, CASeptember 8, 2016
Fannie Mae is a great company with a great mission - affordable homeownership for everyone.
The company has great benefits and strong culture. I enjoyed working for this company for so many years.
Pros
Culture and Benefits
Cons
Technology
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Nice people/No advancement
Financial Engineer (Current Employee) –  Washington, DCJune 27, 2016
The job is not particularly demanding. The company is making a lot of cuts, so there is some job uncertainty. Career advancement is extremely slow, as there are "time in place" requirements. Management is not particularly impressive. IT is absolutely terrible, and makes work difficult.
Pros
Friendly people, good work/life balance
Cons
Job instability, cutting benefits
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Wonderful Company
Loan Operations (Former Employee) –  Pasadena, CAAugust 26, 2016
Great Company and great working environment. Culture is very good and everyone is very professional.

Benefits are good - includes: Medical Dental, Vision, long and short term disability, 401K.
Pros
Culture.
Cons
Technology.
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Good place to work
Claims Analyst III (Former Employee) –  Dallas, TXDecember 27, 2016
Its a nice place to work if you don't want advancement. There isn't a lot of organization but the atmosphere is laid back with causal dressing everyday. The hardest part of the job was not knowing who to contact within the company for questions on processes. Co-workers are friendly and stick to themselves most of the time. You are defiantly pushed to learn new processes and finding new ways to improve the work flow, however it takes months to a year for upper management to approve anything.
Pros
causal dressing
Cons
poor direction from management
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Overall rating

4.0
Based on 423 reviews
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Ratings by category

Work/Life Balance
4.1
Compensation/Benefits
4.2
Job Security/Advancement
3.4
Management
3.6
Culture
3.8