No Longer an Innovative Company - Software Engineering Manager Fannie Mae Employee Review

1.0
26 Sept 2021
Recommend
CEO approval
Business outlook

Pros

Initial Compensation is Competitive Cloud first mindset for application development Benefits are decent and inline with competition Early release Friday's and generous time off before holidays

Cons

Dev Managers are micromanaged by every level of the company in the name of compliance Internal recruiting is ineffective and insulting to employees looking to make a move Lost innovative mindset in favor of risk aversion, especially in technology Meeting centric culture where you'll spend 90% of your day in meetings No raises in 2 years after the talent architecture rollout Everything in the company is so locked down, developers feel like they are in prison. The CEO is a personable guy but he's a semi-retired figure head that's not running the company.

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

4.0
25 June 2026
Recommend
CEO approval
Business outlook

Pros

The culture is more supportive than competitive/toxic; quite decent work-life balance; good benefits - especially 401k; heavy emphasis on utilization of AI to support most job functions but with risk and safety in mind.

Cons

Changes are quite fast-paced and growth can be slow. Experience can be very team, project, and division specific as with any big company.

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