Bad and Sadly Getting Worse - Senior Manager Software Engineering Fannie Mae Employee Review

Lacking innovation and overly bureaucratic, tedious & cumbersome processes Senior Leadership is absent and middle management forced to play politics Conservatorship is limiting any chance to be an independent public company that can develop new products CEO is basically a spokesman and the President is actually running the company, but not very well. Reduced 401K match by 2% and no cost of living pay adjustment for the last 2 years Mass exodus of the most talented/ marketable employees, leaving behind the mediocre politically connected employees