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Fannie Mae
4.5
based on 5 Reviews
Working at Fannie Mae
Company Summary
Overall Rating
4.4/5
based on 5 reviews
Highly rated for
Work-life balance, Skill development, Work satisfaction
Critically rated for
Promotions
Work Policy
Monday to Friday
100% employees reported
Flexible timing
100% employees reported
No travel
100% employees reported
View detailed work policy
About Fannie Mae
Founded in--
India Employee Count51-200
Global Employee Count--
HeadquartersWashington, United States
Office Locations
--
Websitefanniemae.com
Primary Industry
--
Other Industries
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Fannie Mae Ratings
based on 5 reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
2
4
2
3
1
2
0
1
0
Category Ratings
4.9
Work-life balance
4.2
Skill development
4.2
Work satisfaction
3.9
Company culture
3.7
Salary
3.6
Job security
3.0
Promotions
Fannie Mae is rated 4.4 out of 5 stars on AmbitionBox, based on 5 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Fannie Mae Reviews
Compare Fannie Mae with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.5/5 based on 5 reviews | 2.8/5 based on 631 reviews | 3.6/5 based on 275 reviews | 3.9/5 based on 309 reviews |
Highly Rated for | Work-life balance Skill development Work satisfaction | No highly rated category | No highly rated category | Skill development |
Critically Rated for | Promotions | Job security Company culture Promotions | Job security Promotions Work satisfaction | No critically rated category |
Primary Work Policy | - | Work from office 97% employees reported | Work from office 66% employees reported | - |
Rating by Women Employees | - no rating available | 3.7 Good rated by 152 women | 3.4 Average rated by 17 women | 3.7 Good rated by 29 women |
Rating by Men Employees | - no rating available | 2.4 Poor rated by 398 men | 3.7 Good rated by 240 men | 3.8 Good rated by 244 men |
Job security | 3.6 Good | 2.7 Poor | 3.1 Average | 3.6 Good |
View more
Fannie Mae Salaries
Fannie Mae salaries have received with an average score of 3.7 out of 5 by 5 employees.
Network Engineer
(2 salaries)
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₹34.2 L/yr - ₹43.7 L/yr
Senior Software Engineer
(2 salaries)
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₹36 L/yr - ₹46 L/yr
Data Modeler
(2 salaries)
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₹40.5 L/yr - ₹51.8 L/yr
Senior Data Engineer
(1 salaries)
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₹66.5 L/yr - ₹73.5 L/yr
Product Owner
(1 salaries)
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₹22.5 L/yr - ₹28.8 L/yr
Principal Consultant
(1 salaries)
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₹96 L/yr - ₹1.1 Cr/yr
Project Manager
(1 salaries)
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₹14.4 L/yr - ₹18.4 L/yr
Associate Devops
(1 salaries)
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₹0.7 L/yr - ₹0.9 L/yr
Lead Architect
(1 salaries)
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₹96 L/yr - ₹1.1 Cr/yr
Senior Consultant
(1 salaries)
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₹47.5 L/yr - ₹52.5 L/yr
Fannie Mae News
Today's Mortgage Rates | Rates Hold Steady Around 6.70%
- Mortgage rates for January 24, 2025, continue to hover around 6.70%.
- Because inflation has been stubborn, mortgage rates may not drop as much as expected this year.
- The Fed is not expected to lower the federal funds rate next week, but investors will be paying close attention to the commentary that comes out of the meeting, including what Fed Chair Jerome Powell says during his press conference.
- This means that mortgage rates may remain elevated this year.
- Fannie Mae predicted that rates would drop down to 6.5% by the end of 2025.
- Average 30-year mortgage rates are hovering in the upper 6% range, according to Zillow data.
- The 30-year fixed-rate mortgage is the most popular home loan.
- Average 15-year mortgage rates are around 6%, according to Zillow data.
- Rates on adjustable-rate mortgages are comparable to fixed rates right now.
- Refinance rates have been similar to purchase rates recently.
Insider | 24 Jan, 2025
Time Series Feature Redundancy Paradox: An Empirical Study Based on Mortgage Default Prediction
- Conventional wisdom suggests that longer training periods and more feature variables contribute to improved model performance in machine learning-based financial risk management.
- However, a study on mortgage default prediction reveals a paradox: in time series prediction, increased training data timespan and additional non-critical features lead to significant deterioration in prediction effectiveness.
- Using Fannie Mae's mortgage data, the study compares predictive performance across different time window lengths and feature combinations.
- The results suggest that shorter time windows paired with carefully selected key features yield superior prediction results, while extended time spans may introduce noise and excessive non-critical features interfere with the model's learning of core default factors.
Arxiv | 3 Jan, 2025
An under-the-radar Trump trade has soared on hopes of a big shake-up in the US mortgage industry
- Shares of Freddie Mac and Fannie Mae have surged following Trump's election win.
- The potential for a second Trump presidency to release both companies from government conservatorship has led to hopes of reshaping the US mortgage industry.
- Trump's hedge fund supporters, including John Paulson, could benefit from the privatization of Freddie Mac and Fannie Mae.
- However, efforts to privatize the companies during Trump's first administration did not materialize.
Insider | 11 Nov, 2024
Homebuyers Getting Older as Younger Consumers Barred From Housing Market
- The typical American homebuyer is older than ever before, with the age of a typical homebuyer reaching an all-time high of 56, according to the National Association of Realtors.
- Many younger buyers are being priced out of the housing market, while older Americans are using home equity for cash purchases or big down payments.
- The share of first-time homebuyers has shrunk to 24%, the lowest level since 1981, with the median age of a first-timer being 38, a decade older than in the 1980s.
- Steep borrowing costs and high prices have led to a divided housing market, with sales increasingly going to repeat buyers and wealthier families.
Pymnts | 5 Nov, 2024
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Fannie Mae FAQs
Where is the Fannie Mae headquarters located?
Fannie Mae is headquartered in Washington.
How many employees does Fannie Mae have in India?
Fannie Mae currently has approximately 100+ employees in India.
What are the pros and cons of working in Fannie Mae?
Working at Fannie Mae comes with several advantages and disadvantages. It is highly rated for work life balance, skill development and work satisfaction. However, it is poorly rated for promotions / appraisal, based on 5 employee reviews on AmbitionBox.
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