There are no plans to merge Freddie and Fannie. This is fake news. However, privatization is on the table. |
Still can centralize functions |
| When is the World Bank going to be on the chopping block? |
They’re two separate companies who are competitors. Why would they do that? |
Why do we need competing companies (with many 7 figure earners each) to support the mortgage market? Cant we have one that is more streamlined? Both of these companies are extremely inefficient but without them the mortgage market fails. Its a waste of $$$. |
Tell Congress? they were both chartered by Congress. |
| Nancy Jardini seems to have gotten fired. |
What was her time? Jeez I worked with her 10 years ago. |
What was her role? Jeez I worked with her 10 years ago. |
Chief compliance? |
They are both owned by US Treasury and tax payers. They already centralized securitization of securities. |
She lasted 18 years and two months and is like 62. |
Was she a Clinton person? |
She was brought in around time of collaspe so maybe |
There are not political appointees at FM. She was at the IRS before Fannie. |