1.0
18 Sept 2013
Anonymous employee
Former employee, more than 1 year
Austin, TX
Recommend
CEO approval
Business outlook
Pros
Flexible schedule, friendly coworkers, location
Cons
When Onewestbank -a parent company of FF - closing its door in Austin. It takes FF with it. FF is a servicing company that serves Fannie Mae and Freddie Mac reverse mortgages . When the government stopped supporting Fannie Mae, the company sold its portfolio to another servicing company. The process started almost a year ago. Over the summer, employees got notice that they are losing their jobs. The problem is that they didn't ship the whole portfolio to a new servicing company, the employees still have to serve what left of it working in a uncertain future stresses everyone out . The promise of a compensation is high but no one knows whether they will ever get that compensation.