| For the Fannie people out there, rumor spread last night that those working late in the building were escorted out by security because DOGE was entering the premises. Anyone hear this as well? |
| Did they get access to systems? That’s a lot of data. |
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Bump
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| May 1 RTO not sure about remote workers though |
| Rot for Fannie? |
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Ending its remote work flexibility, Freddie Mac (OTCQB:FMCC) told staffers to return to the office five days a week starting in May, with a promise to review pay plans to reward key employees, Bloomberg reported on Thursday, citing a Wednesday memo from Federal Housing Finance Agency Director Bill Pulte and Freddie CEO Diana Reid. As of Jan. 31, the mortgage giant employed more than 8,000 workers. Employees have about 45 days to come back to the office, ensuring its critical function in the U.S. mortgage market remains uninterrupted, a person familiar with the matter told Bloomberg |
Common Securitzation Solutions is Next |
| Is Fannie going to do 5 days a week in May 1 as well? Will either of them have layoff? |
Yes yo both questions I guess |
| Nearly every Freddie Mac employee has a 2nd job. It is going to open up a lot of positions. |
| Lock them up! |
Yes, I know 2 Freddie remote workers who have 2nd fulltime jobs. |
| One got caught |
| Dang i know one FTE who got axed for moonlighting |
I guarantee there is more fat than an episode of my 600 Pound Life at the GSEs |