Great Benefits, but Leadership Accountability Falls Short - Manager Fannie Mae Employee Review

3.0
28 Jan 2025
Recommend
CEO approval
Business outlook

Pros

- A flexible hybrid work environment is available for most teams. - Competitive pay compared to industry standards. - Comprehensive benefits package that supports employees’ well-being.

Cons

- A culture of excessive and often unproductive meetings. It was common to have a packed calendar of meetings that rarely resulted in actionable outcomes or meaningful progress. - Leadership accountability was lacking. For example, my exit interview was conducted by the director I reported to, and my VP never reached out to discuss my reasons for leaving or to gain insight into my experience. - There is a disconnect between day-to-day work and the company’s mission. While the mission is highlighted during quarterly or annual town halls, it doesn’t translate into daily work. This often leads to confusion about priorities and a backlog of unclear tasks. - Psychological safety was more of a buzzword than a reality on my team. During my tenure, I made an effort to point out potential issues or offer constructive feedback, but doing so repeatedly to the "wrong" people resulted in my intelligence and competence being questioned. Without accountability from leadership, these behaviors were allowed to persist.

Explore other reviews about Fannie Mae

5.0
25 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

benefits, pay, work life balance

Cons

no cons to be honest

3.0
5 Jul 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I had thought I’d stay there until retirement. Pay was pretty good and while upward mobility was limited there was an open environment for learning and getting involved in new things. The company was socially conscious with volunteer time available. Flex schedules were available with manager approval and that helped us effectively implement work from home in 2020. We did work a lot of long hours to get projects done but the work seemed to be appreciated and rewarded.

Cons

For a company that had been highly profitable, Bill Pulte came in and started demanding changes for the company to be run more like one on the verge of bankruptcy. Managers were forced to spend significant time managing attendance and schedules and constantly justifying staffing just to have that ignored anyway. Anybody below a Director was cut completely out of these decisions meaning managers would show up to meetings to find the no-shows had been let go with no warning. You just started to see on people’s faces they were miserable, many long time associates quietly hoping they’d be included in the next round of cuts. It’s too bad, a company I had thought I’d retire with really just became toxic.

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