Pros
Like everyone else mentioned, the best thing about Fannie Mae are the benefits. I’m not sure where you can find better benefits this day and age. Tuition reimbursement is double of most other companies and I’m not aware of other companies with employee assisted housing programs.
Cons
Internally the company is very political. If you are not in the right section or even the right team you face an uncertain future. There didn’t seem to be much reasoning behind the latest layoffs. You can perform at a high level and do everything right and you still get laid off. I also do not understand why they laid off so many people, yet there are hundreds of job openings. If the company truly cared about the employees they would have worked with the individuals being laid off and attempted to fill some of the open positions.