Reply to Should I consider Fannie Mae?

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[quote=Anonymous]Former Fannie employee.  I left to go elsewhere, but many of my colleagues went to Capital One and at the time (~3 years ago), that was considered a much better place to be than FNM.  While I think in general the GSEs will be around for a long time, if not forever - if your goal is to stay there long term and not just, say, 1-2 years, I would not go there unless it was a job in the front office.  Many other jobs are at risk of being outsourced.  Especially IT.

Also, regarding culture - Fannie Mae is still very much "old school".  I've seen posts here on DCUM about how great of a place Capital One is to work - lots of telework/flexibility, tons of vacation because no one keeps track so you can take as much as you want (?).  Obviously I don't know if it's true since I don't work there myself, but if it is, then it's very different than FNM.  There is some flexibility but generally no regular telework arrangements, and they most definitely keep track of your vacation time (you have to submit a time sheet every two weeks).  From everything I've heard about Capital One, if you don't like it there you are not likely to want to be at Fannie Mae (again, if your goal is long term, 1-2 years to then jump into another opportunity might be fine).[/quote]

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