Fannie Mae started a round of Layoffs on March 5, 2015 when they laid off over 300 employees company wide. The head of HR's statement to the Employee's! (Do not tell anyone except close immediate family that you have been laid off!)
OH come on, like I am not going to tell anyone? Now that is a Ridiculous statement. After these layoffs, the Glass Door site had at least 3-5 postings a day from anonymous employees in the DC area giving the company 5 stars and saying how wonderful it was to work there and the CEO was great, etc. That is soooo wrong.
Right now as of September 4, 2015 the appraisal review dept in Dallas has basically NO work, the remaining employees are sitting there clicking next just looking for a loan to review and hoping upon hope that they DO get laid off.
More layoffs ahead as Fannie Mae is moving to use their product CU or Automated Certified Licensed Appraisers, they get to save big bucks in employee salary’s
Fannie Mae's Credit Managers in NUC in Dallas are a joke! They are all friends and that’s how they got hired