Fannie Mae

[Anonymous]

No info back, must not have gotten the job or didn't like what he found at Fannie ??

[Anonymous]

Back in the day it was very hard to get a job at Fannie Mae. Now, it is a whole other story. Take the job for a year and get out.

[Anonymous]

I work there and in Herndon. I'd say 90% of the IT or technical functions (in the Finance area) are Indian employees or contractors. I have no idea if they are on HB1 or do I care. The majority of people are nice and professional. I would think if you were qualified, you would be considered no matter what your nationality . I've hired for technical positions and the majority, if not all, resumes are from Indian applicants. If no other nationality applies, that's nothing FNM or the hiring manager can do.

[Anonymous]

I had my in person interviews before Memorial Day holiday. I liked the job a lot and hope to hear back soon.

[Anonymous]

Anonymous wrote:I work there and in Herndon. I'd say 90% of the IT or technical functions (in the Finance area) are Indian employees or contractors. I have no idea if they are on HB1 or do I care. The majority of people are nice and professional. I would think if you were qualified, you would be considered no matter what your nationality . I've hired for technical positions and the majority, if not all, resumes are from Indian applicants. If no other nationality applies, that's nothing FNM or the hiring manager can do.

That statement is false.
The fact is that Indian hiring managers will screen out all non-indian candidates although many of them are better qualified. They do have an agenda of dominating IT industry and have made certain degree of success so far by playing unfair and dirty tricks. Sad that main stream media is not paying attention to this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I work there and in Herndon. I'd say 90% of the IT or technical functions (in the Finance area) are Indian employees or contractors. I have no idea if they are on HB1 or do I care. The majority of people are nice and professional. I would think if you were qualified, you would be considered no matter what your nationality . I've hired for technical positions and the majority, if not all, resumes are from Indian applicants. If no other nationality applies, that's nothing FNM or the hiring manager can do.

That statement is false.
The fact is that Indian hiring managers will screen out all non-indian candidates although many of them are better qualified. They do have an agenda of dominating IT industry and have made certain degree of success so far by playing unfair and dirty tricks. Sad that main stream media is not paying attention to this.

I am an IT hiring manager at Freddie Mac. I am a white female. The only decent contractors we get at the rates we can afford for low-level tech positions tend to be recent Indian immigrants. Citizenship/visa status varies. The only conspiracy is that we can't afford the rates of big name consulting/body shop firms. These are the only people with skills who are willing to accept the rates. More senior tech and manager-level+ positions are different though - much more diverse.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I work there and in Herndon. I'd say 90% of the IT or technical functions (in the Finance area) are Indian employees or contractors. I have no idea if they are on HB1 or do I care. The majority of people are nice and professional. I would think if you were qualified, you would be considered no matter what your nationality . I've hired for technical positions and the majority, if not all, resumes are from Indian applicants. If no other nationality applies, that's nothing FNM or the hiring manager can do.

That statement is false.
The fact is that Indian hiring managers will screen out all non-indian candidates although many of them are better qualified. They do have an agenda of dominating IT industry and have made certain degree of success so far by playing unfair and dirty tricks. Sad that main stream media is not paying attention to this.

I am an IT hiring manager at Freddie Mac. I am a white female. The only decent contractors we get at the rates we can afford for low-level tech positions tend to be recent Indian immigrants. Citizenship/visa status varies. The only conspiracy is that we can't afford the rates of big name consulting/body shop firms. These are the only people with skills who are willing to accept the rates. More senior tech and manager-level+ positions are different though - much more diverse.

since you are an IT hiring manager at Freddie, you know that you guys do not make the decisions.

But it sure would be nice if rather than talking about diversity you guys actually practiced it. By my definition having key groups within IT that are 90% indians , south india at that, is NOT diversity. Diversity means having different types of people, not all non-white people.

I thought there was a big push for diversity, why is it so easy for business side, yet ignored on the IT side ?

[Anonymous]

Anonymous wrote:I work there and in Herndon. I'd say 90% of the IT or technical functions (in the Finance area) are Indian employees or contractors. I have no idea if they are on HB1 or do I care. The majority of people are nice and professional. I would think if you were qualified, you would be considered no matter what your nationality . I've hired for technical positions and the majority, if not all, resumes are from Indian applicants. If no other nationality applies, that's nothing FNM or the hiring manager can do.

I work at Freddie Mac location in Reston. I would say that 80 to 90% of the workers are Indian employees. maybe 40 to 50% are H1Bs . I could count on one hand the number of Indians that can write a design or implementation document. Communication is never clear, yes means maybe, maybe means no. Initially, they were staffed by body shops using rates that are below the market so only the H1Bs will apply. Now that the Indians are doing the hiring themselves, they have a whole informal network to feed more Indians to these jobs.

Freddie Mac Reston used to be a great place to work.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I work there and in Herndon. I'd say 90% of the IT or technical functions (in the Finance area) are Indian employees or contractors. I have no idea if they are on HB1 or do I care. The majority of people are nice and professional. I would think if you were qualified, you would be considered no matter what your nationality . I've hired for technical positions and the majority, if not all, resumes are from Indian applicants. If no other nationality applies, that's nothing FNM or the hiring manager can do.

That statement is false.
The fact is that Indian hiring managers will screen out all non-indian candidates although many of them are better qualified. They do have an agenda of dominating IT industry and have made certain degree of success so far by playing unfair and dirty tricks. Sad that main stream media is not paying attention to this.

I am an IT hiring manager at Freddie Mac. I am a white female. The only decent contractors we get at the rates we can afford for low-level tech positions tend to be recent Indian immigrants. Citizenship/visa status varies. The only conspiracy is that we can't afford the rates of big name consulting/body shop firms. These are the only people with skills who are willing to accept the rates. More senior tech and manager-level+ positions are different though - much more diverse.

since you are an IT hiring manager at Freddie, you know that you guys do not make the decisions.

But it sure would be nice if rather than talking about diversity you guys actually practiced it. By my definition having key groups within IT that are 90% indians , south india at that, is NOT diversity. Diversity means having different types of people, not all non-white people.

I thought there was a big push for diversity, why is it so easy for business side, yet ignored on the IT side ?

Somehow I can magically increase the rates to open up the competition? You're right, I can't do that (outside of minor tweaks). If you know Jane Whitey who has the skills and is willing to take the rates please send me her resume. I'll request her through the contracting firms I use.

[Anonymous]

Anonymous wrote:I had my in person interviews before Memorial Day holiday. I liked the job a lot and hope to hear back soon.

I am still waiting to hear back if I make it to round #3. Still holding on to some hope...

[Anonymous]

I remember the firings a few years ago. It was pretty bad and heartless

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I work there and in Herndon. I'd say 90% of the IT or technical functions (in the Finance area) are Indian employees or contractors. I have no idea if they are on HB1 or do I care. The majority of people are nice and professional. I would think if you were qualified, you would be considered no matter what your nationality . I've hired for technical positions and the majority, if not all, resumes are from Indian applicants. If no other nationality applies, that's nothing FNM or the hiring manager can do.

That statement is false.
The fact is that Indian hiring managers will screen out all non-indian candidates although many of them are better qualified. They do have an agenda of dominating IT industry and have made certain degree of success so far by playing unfair and dirty tricks. Sad that main stream media is not paying attention to this.

I am an IT hiring manager at Freddie Mac. I am a white female. The only decent contractors we get at the rates we can afford for low-level tech positions tend to be recent Indian immigrants. Citizenship/visa status varies. The only conspiracy is that we can't afford the rates of big name consulting/body shop firms. These are the only people with skills who are willing to accept the rates. More senior tech and manager-level+ positions are different though - much more diverse.

since you are an IT hiring manager at Freddie, you know that you guys do not make the decisions.

But it sure would be nice if rather than talking about diversity you guys actually practiced it. By my definition having key groups within IT that are 90% indians , south india at that, is NOT diversity. Diversity means having different types of people, not all non-white people.

I thought there was a big push for diversity, why is it so easy for business side, yet ignored on the IT side ?

Somehow I can magically increase the rates to open up the competition? You're right, I can't do that (outside of minor tweaks). If you know Jane Whitey who has the skills and is willing to take the rates please send me her resume. I'll request her through the contracting firms I use.

Is Freddie experiencing financial problems that they have to go with less expensive contractors? I'm not so clear on the government component and bail out and how that impacted you. During the boom times did you have more IT resources?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I had my in person interviews before Memorial Day holiday. I liked the job a lot and hope to hear back soon.

I am still waiting to hear back if I make it to round #3. Still holding on to some hope...

if you are not indian you will not get called back.

they only hire other indians.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I work there and in Herndon. I'd say 90% of the IT or technical functions (in the Finance area) are Indian employees or contractors. I have no idea if they are on HB1 or do I care. The majority of people are nice and professional. I would think if you were qualified, you would be considered no matter what your nationality . I've hired for technical positions and the majority, if not all, resumes are from Indian applicants. If no other nationality applies, that's nothing FNM or the hiring manager can do.

That statement is false.
The fact is that Indian hiring managers will screen out all non-indian candidates although many of them are better qualified. They do have an agenda of dominating IT industry and have made certain degree of success so far by playing unfair and dirty tricks. Sad that main stream media is not paying attention to this.

I am an IT hiring manager at Freddie Mac. I am a white female. The only decent contractors we get at the rates we can afford for low-level tech positions tend to be recent Indian immigrants. Citizenship/visa status varies. The only conspiracy is that we can't afford the rates of big name consulting/body shop firms. These are the only people with skills who are willing to accept the rates. More senior tech and manager-level+ positions are different though - much more diverse.

since you are an IT hiring manager at Freddie, you know that you guys do not make the decisions.

But it sure would be nice if rather than talking about diversity you guys actually practiced it. By my definition having key groups within IT that are 90% indians , south india at that, is NOT diversity. Diversity means having different types of people, not all non-white people.

I thought there was a big push for diversity, why is it so easy for business side, yet ignored on the IT side ?

Somehow I can magically increase the rates to open up the competition? You're right, I can't do that (outside of minor tweaks). If you know Jane Whitey who has the skills and is willing to take the rates please send me her resume. I'll request her through the contracting firms I use.

Is Freddie experiencing financial problems that they have to go with less expensive contractors? I'm not so clear on the government component and bail out and how that impacted you. During the boom times did you have more IT resources?

I've been here since 2004 and the rates have always been relatively low. There have been a few higher profile projects that get big name consultants, but just for short-term projects. Overall, budgets and rates have tightened, but they weren't that great to start with. Mostly we just get less people to do more work.

[Anonymous]

Anonymous wrote:I remember the firings a few years ago. It was pretty bad and heartless

Not only was it cold and heartless for those fired, but the people left suffered also.

See...for the most part, the firings were not performance based, but "we have to cut costs at all cost" based. Many of the people they fired were actually busy and productive. So they fired people that they actually needed and those left had to shoulder the workload. In most of the cases, there was no transition of that work so the people left were trying to get up to speed on the fly. In my particular corner of the company, I can honestly say that I never worked in an environmental with such low morale.