Fannie Mae
4.0 out of 5 stars.
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Fannie Mae Employee Reviews

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4.0Work-Life Balance

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Fannie Mae insights

Based on 228 survey responses
What people like
  • Clear sense of purpose
  • Ability to meet personal goals
  • Time and location flexibility
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I like working at Fanniemae, it is a good place to work and as they have allowed me to work remote, I feel that it is a good benefit to the employees as it allows us to work from Home.
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They have their own clan and if you are not part of to had

They have favorites who do not work but depend on other people to do the work and for them to get the glory is very manipulative and some management would gear the wrong way to make themselves look good

Pros

Big company

Cons

Many people that would band together to make your life missarable
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Great place to learn

Fannie is a great place to learn. The overall culture is to learn from trainings, from colleagues, and experiment at work. Management supports out of box thinking.
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Fun place to work very family oriented

Fannie Mae is a family oriented company with a great family life balance motto. We have the best benefits in the country. Remote is a great option for families with kids

Pros

Everything

Cons

Pre covid remote was one day a week
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Great Place to work for with great ppl

Excellent place to work for with great benefits, good work life balance and excellent learning opportunities. Great people and our new offices have state of the art technology

Pros

good benefits, work life balance

Cons

Salary can be better
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Incredible company

Great company culture that is active in making a change. The CEO actively keeps the employees updated on what Fannie Mae is doing currently and planning on doing in the future. Responded ASAP to COVID outbreak in March 2020 and has accommodated employees because of it.

Pros

Benefits, Unlimited sick pay, work/life balance
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Good working life balance

People are really nice, helpful and professional. Great working life balance. Data might be boring if you are not interested in finance or accounting data.
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Good company mission

Good remote culture. Strong approval of COO and their DE&I initiatives. Good company mission, but behind the times in engineering practice(s) and tooling.

Cons

Older ways of thinking which makes it hard to transform technically
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Great company to work for

Great company to work for . Stress free. HAve a great work life balance . Paternity leave. 401k match . Except the salary increase is not that great compare to other companies.

Pros

Work life balance

Cons

career advancement may be slow
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Good place to work and great benefits

Wish advancing in the company was easy. Management doesn't care. Sometimes people go through 3 round of interview to get "promotion."Some manager are good other don't care

Cons

Not much upward growth.
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Ok place to work

Fannie is ok to work at nothing special, especially as a contractor. It isn't accessible to get hired full-time. I think management should give contractors an equal opportunity also.

Pros

Remote work

Cons

No room for improvement
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Well oiled machine of a company but an also big and slow

It's a good company with good benefits and good compensation. Your experience will depend largely on what team you are on and the manager you have because it's a very large enterprise. Leadership is not completely transparent and re-orgs are frequent.

Pros

robust total rewards including tuition reimbursement; internal opportunities

Cons

frequent re-orgs
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Adequate.

Looks good on the resume.Lots of former employees or relatives of former employees.Limited advancement opportunities. Lost many experienced FTE's, resulting in lower healthcare costs. This may have been the goal...
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Not the worst place to work

Benefits and work life balance are excellent. Projects could move a bit faster. Managers are supportive but you’ll quickly notice that they have their favorites. Conservatorship has stifled increases and bonuses

Pros

Student loan repayment

Cons

Extremely slow advancement opportunity
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Good place, high stress

The place was good for anybody that wants to get paid well and learn. Just didn't have the right work/life balance for me personally and almost every day was a high stress in the area where I worked. Remote working also kind of butchered the learning process, but that wasn't their fault.
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Productive and Fun

Fannie Mae emphasizes work-life balance. My managers are understanding and flexible when it comes to work. The company is pushing towards more social justice work.

Pros

Flexibility and Pay

Cons

Nothing
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Management favors some

People don't get the pay they deserve and managers favor those who have been in the team's longer. They move people around to positions that their skill set does not align.

Pros

Good benefits

Cons

Terrible managers who favor certain people
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Know what you're getting into

Fannie Mae has historically been a good place to spend a career, with great work life balance. However, this also means that everybody is disposable.Most positions at Fannie Mae would allow average employees to complete their daily tasks within 5 hours of work. If employees are more efficient, a day's work could likely be completed within 3 hours, and, if the process were to be revamped, what is now a day's work for some positions could probably be done in less than an hour.This shifts an employee's value away from their contribution, and toward a more political workplace. Employees can either get ahead through self-promotion or keep their head down and enjoy an easy, laid-back job.The other side of this is that the other shoe drops quite often-- restructuring is constant and employees are often laid off regularly. There is not much communication for how and to whom these initiatives will affect, or what the planning behind it is.
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Good while it lasted

budget cuts are scary lol it was a good job with great benefits. If i could go back I probably would after the covid situation is over an ppl can work onsite
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Fun place to work

The company was great culturally but advancement was about who you know. Speaking in a specific department they looked out for their friends first. Given the opportunity again I would definitely go back and work there.
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stressful work environment

lack of work and life balance. and useless management that never gives an answer. It goes circles. Employees are good but the mid-management levels don't care about the people much.
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Overall rating

4.0

Based on 1,334 reviews
5
524
4
462
3
221
2
67
1
60

Ratings by category

4.0Work/Life Balance
4.1Compensation/Benefits
3.4Job Security/Advancement
3.5Management
3.7Culture

Diversity score

86
out of 100
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Diversity Score
Top 5%
In the Top 5% of similar size companies
The Comparably Diversity Score tracks how positively diverse employees rate their experience at Fannie Mae.
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