Fannie and Freddie

[Anonymous]

All 7,500 Fannie people back at work Momday should be fun

[Anonymous]

Anonymous wrote:All 7,500 Fannie people back at work Momday should be fun

I thought it is from May 1

[Anonymous]

Anonymous wrote:All 7,500 Fannie people back at work Momday should be fun

Yeh! Winning!

Next let’s move them out of the fancy space in Reston. Send them to some unused fed building in DC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Fannie paid out some crazy bonuses this year to include decent raises.

How much? Freddie employee here

I know someone who got $70k bonus and a 5% raise. They have been with FNMA for 12 years as a Manager level position. This person has continually received $50k - $70k annual bonus.

I worked there and got 240K base and a 120K bonus with a 8 percent 401k match off the whole 360K

They canned me after I completed a huge multi year project where things were not in run state and need less work and replaced me a DEI figure head making 450K a year, she in turned hired someone to do my old job at 360k a year who in turn was too junior then both started hiring consultants/contractors to help with work who started billing my old dept 2 million a year.

Quite Frankly I worked really hard and long hours but at 360K I felt it was worth it. If I had to do it again. I would have worked less, spend a few million on consultants to do my job, taking credit for it then spent my 40 hours a week doing politics and backstabbing as that is how you survive.

My first year I got a 120K sign on, 240K salary and a 120K year end bonus. Year they canned me I got my full 120K bonus, by then 250K salary and 40K severance. Which I thought was a lot but then they replaced me with a 450K person who hired a 350K person to help them run area. The money spending was crazy.

They would just take it out of the Dividend they send Uncle Sam and it was like magic money.

What level? Has to be VP

I know Sr. Managers and Directors making about the same! It's insane and they only do it because they don't want those profits going to the government.

Seriously this is how much people make???? On the taxpayer dime?? I know its the same at the CFPB, where "feds" are WAY overpaid. DOGE could find a boatload of savings at these agencies.

Freddie Mac IT group is hopeless. Filled with hundreds of H1bs and ex H1bs. Most racist organization I have ever been a part of. Hate African Americans

They should close down the agencies. There is no place for gov in mortgages. Somehow the rest of the world does fine.

[Anonymous]

Anonymous wrote:

Anonymous wrote:All 7,500 Fannie people back at work Momday should be fun

I thought it is from May 1

No that’s Freddie.

[Anonymous]

Anonymous wrote:

Anonymous wrote:All 7,500 Fannie people back at work Momday should be fun

I thought it is from May 1

That’s Freddie

[Anonymous]

Anyone have any updates on Fannie Freddie?

[Anonymous]

On a Fox News segment that aired March 17, newly confirmed Federal Housing Finance Agency (FHFA) Director Bill Pulte takes a Fox crew on a tour of Fannie Mae headquarters.

“We’ve got this big, beautiful area where employees are supposed to work. Nobody’s here,” Pulte says as he knocks on the window of an empty office. Cutting to Freddie Mac headquarters, the camera pans to reveal rows of empty cubicles.

Back in the Fox studio, Pulte tells host Laura Ingraham that there are 2,900 people who are supposed to work at the Fannie Mae office, but only 49 have been showing up full time.

[Anonymous]

Anonymous wrote:Anyone have any updates on Fannie Freddie?

What do you mean

[Anonymous]

Anonymous wrote:Rumor is that the gerbil will come to Fannie on Monday

He will probably come Friday

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Freddie and Fannie both created a third overbloated company called Common Securitization solutions to handle all the back office IT side of mortgages.

So Fannie and Freddie have less to do yet they bloated up more. Now they have three bloated companies doing the work of one company

Do you trust Pooty to manage something as crucial as the securitization of almost all of America’s mortgages? I can’t believe his nomination went through. what a joke.

Well Gilbert the prior Head of Audit at Freddie left for USAA to be Head of Audit where he was fired for gross incompetence. Risk management is a massive joke run by either diversity hired or cronies. The CEO of CSS is a C student out of a third tier college, ti be honest Pricilla the CEO of Fannie is only competent one at the upper levels.

Bunch of dumb people there. They could literally fire 50 percent of people and no one would notice

Where did Lynch go when he left Freddie?

[Anonymous]

Anonymous wrote:On a Fox News segment that aired March 17, newly confirmed Federal Housing Finance Agency (FHFA) Director Bill Pulte takes a Fox crew on a tour of Fannie Mae headquarters.

“We’ve got this big, beautiful area where employees are supposed to work. Nobody’s here,” Pulte says as he knocks on the window of an empty office. Cutting to Freddie Mac headquarters, the camera pans to reveal rows of empty cubicles.

Back in the Fox studio, Pulte tells host Laura Ingraham that there are 2,900 people who are supposed to work at the Fannie Mae office, but only 49 have been showing up full time.

The policy allowed for Monday and Friday remote days. He brought a camera crew on a Monday on purpose. He knew it would be empty and make for great propaganda. He’s gross.

[Anonymous]

Anonymous wrote:

Anonymous wrote:On a Fox News segment that aired March 17, newly confirmed Federal Housing Finance Agency (FHFA) Director Bill Pulte takes a Fox crew on a tour of Fannie Mae headquarters.

“We’ve got this big, beautiful area where employees are supposed to work. Nobody’s here,” Pulte says as he knocks on the window of an empty office. Cutting to Freddie Mac headquarters, the camera pans to reveal rows of empty cubicles.

Back in the Fox studio, Pulte tells host Laura Ingraham that there are 2,900 people who are supposed to work at the Fannie Mae office, but only 49 have been showing up full time.

The policy allowed for Monday and Friday remote days. He brought a camera crew on a Monday on purpose. He knew it would be empty and make for great propaganda. He’s gross.

It’s “can” not “will” I come in around 1/3 of time on my wfh days.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:On a Fox News segment that aired March 17, newly confirmed Federal Housing Finance Agency (FHFA) Director Bill Pulte takes a Fox crew on a tour of Fannie Mae headquarters.

“We’ve got this big, beautiful area where employees are supposed to work. Nobody’s here,” Pulte says as he knocks on the window of an empty office. Cutting to Freddie Mac headquarters, the camera pans to reveal rows of empty cubicles.

Back in the Fox studio, Pulte tells host Laura Ingraham that there are 2,900 people who are supposed to work at the Fannie Mae office, but only 49 have been showing up full time.

The policy allowed for Monday and Friday remote days. He brought a camera crew on a Monday on purpose. He knew it would be empty and make for great propaganda. He’s gross.

It’s “can” not “will” I come in around 1/3 of time on my wfh days.

So?

[Anonymous]

Freddie had wfh days for atleast 8-9 years now that I can recall.