Horrific and retrograde work environment, this is the WalMart of the technology world, place of last resort. - Senior Software Engineer Fannie Mae Employee Review

2.0
May 16, 2012
Recommend
CEO approval
Business outlook

Pros

Dedicated and knowledgeable colleagues. Cutting edge technology used in some groups. Excellent compensation and benefits overall. Excellent software products for the niche secondary mortgage industry. Fannie still makes a difference in the nation's secondary mortgage industry, despite the Conservator-ship.

Cons

Highly politicized and stressful work culture, brutally long hours expected from individual contributors. Many technologists burnt out, clinically depressed and heavily medicated - unstable behavior patterns in many teams. Top down management style about three decades too late - most top management are politically connected Washington fat cats with cynical and manipulative attitudes, but huge paychecks. Fosters a "kiss up and kick down" environment, where middle management is constantly trying to do the (often mindless) bidding of their executives, most middle management completely ignorant & redundant. Constant & unnecessary meetings, leading to countless consultant hours wasted on providing status reports. HR could care less about the well being of employees unless you are senior management, it's all about toeing the line from the top - it's a miracle that they aren't swimming in Lawsuits. Note to prospective employees - work here only if desperate to pay the bills, this is a place of last resort. Note to prospective employers - don't hire a Fannie old timer, you will most likely get a do nothing political animal.

Explore other reviews about Fannie Mae

5.0
May 25, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

benefits, pay, work life balance

Cons

no cons to be honest

3.0
Jun 18, 2026
Recommend
CEO approval
Business outlook

Pros

Great team and luckily for me great leadership in my direct line up to my SVP.

Cons

It’s horrifying how things have changed since Pulte took over. Layoffs, elimination of entire job categories but not the responsibilities of those jobs. It’s not just you work more because a teammate is gone, it’s do a completely different job while still doing you job plus all of your layed off coworkers job.

3
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