Fannie and Freddie

[Anonymous]

Anonymous wrote:Heard about more layoffs at Fannie today. Related to ethics. Does anyone have any insight? Some donation fraud.

They should lay off 1/3 rd the company. Literally 1/3 jobs are BS

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What are MF teams?

Obviously you have absolutely no connection to Fannie… not knowing what MF stands for.

Correct. This is a public forum sooo ipso facto

Multi family

A part of Freddie that really should not exist at all. Provides pork to investors buying multi family rentals. Absurd waste of taxpayer money.

Should be first part of Freddie to be sold.

It’s one of the most profitable parts of the company. You are dumb as straw.

[Anonymous]

Any actual reporting to back up Fannie info?

[Anonymous]

Anonymous wrote:Heard about more layoffs at Fannie today. Related to ethics. Does anyone have any insight? Some donation fraud.

Bump

[Anonymous]

Anonymous wrote:Heard about more layoffs at Fannie today. Related to ethics. Does anyone have any insight? Some donation fraud.

[Anonymous]

Yes, I heard around 600 people laid off at Fannie this week.

[Anonymous]

Anonymous wrote:Yes, I heard around 600 people laid off at Fannie this week.

Specifics please

[Anonymous]

Most of them were contractors and employees laid off due to donation fraud/ ethics.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Are the lawyers at the GSE’s at risk?

In a merger situation, so obviously! The streamlining effort that is going on in government will hit Fannie+Freddie. I think many departments that do similar/same work is at risk. It's unique roles and who is more liked that works in favor of an employee during reorgs like this.

There are no plans to merge Freddie and Fannie. This is fake news.
However, privatization is on the table.

I thought the whole raison d'etre for Fannie and Freddie is that the private sector isn't interested in providing this service.

Not correct

Private sector would do this and do it well.

But with Fannie and Freddie able to borrow at gov rates , they can always beat the private sector sector

US needs to privatize the GSEs and let the market do its magic

What do you mean by “privatize”? how would removing the advantages Fannie and Freddie have make mortgages better for consumers. What is this “magic” the market will do? Do you like your 30-year mortgage?

The invisible hand. Read a little

Fannie and Freddie are too big. There should be multiple entities to distribute risk

The advantage is to taxpayers, not consumers.

Estimated Fannie / Freddie may reduce interest rates by 1/2%. Very little benefit considering the huge risk for taxpayers .

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Are the lawyers at the GSE’s at risk?

In a merger situation, so obviously! The streamlining effort that is going on in government will hit Fannie+Freddie. I think many departments that do similar/same work is at risk. It's unique roles and who is more liked that works in favor of an employee during reorgs like this.

There are no plans to merge Freddie and Fannie. This is fake news.
However, privatization is on the table.

I thought the whole raison d'etre for Fannie and Freddie is that the private sector isn't interested in providing this service.

Not correct

Private sector would do this and do it well.

But with Fannie and Freddie able to borrow at gov rates , they can always beat the private sector sector

US needs to privatize the GSEs and let the market do its magic

What do you mean by “privatize”? how would removing the advantages Fannie and Freddie have make mortgages better for consumers. What is this “magic” the market will do? Do you like your 30-year mortgage?

The invisible hand. Read a little

Fannie and Freddie are too big. There should be multiple entities to distribute risk

The advantage is to taxpayers, not consumers.

Estimated Fannie / Freddie may reduce interest rates by 1/2%. Very little benefit considering the huge risk for taxpayers .

What risk? You are engaged in question begging.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Are the lawyers at the GSE’s at risk?

In a merger situation, so obviously! The streamlining effort that is going on in government will hit Fannie+Freddie. I think many departments that do similar/same work is at risk. It's unique roles and who is more liked that works in favor of an employee during reorgs like this.

There are no plans to merge Freddie and Fannie. This is fake news.
However, privatization is on the table.

I thought the whole raison d'etre for Fannie and Freddie is that the private sector isn't interested in providing this service.

Not correct

Private sector would do this and do it well.

But with Fannie and Freddie able to borrow at gov rates , they can always beat the private sector sector

US needs to privatize the GSEs and let the market do its magic

What do you mean by “privatize”? how would removing the advantages Fannie and Freddie have make mortgages better for consumers. What is this “magic” the market will do? Do you like your 30-year mortgage?

The invisible hand. Read a little

Fannie and Freddie are too big. There should be multiple entities to distribute risk

The advantage is to taxpayers, not consumers.

Estimated Fannie / Freddie may reduce interest rates by 1/2%. Very little benefit considering the huge risk for taxpayers .

What risk? You are engaged in question begging.

Hmm you must be a kid. Born after 2008. Or stupid enough to believe it magically went away , or greedy to want your overpaid job to continue .

[Anonymous]

What about other 500 let go? Were they contractors? What are their job functions
?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Are the lawyers at the GSE’s at risk?

In a merger situation, so obviously! The streamlining effort that is going on in government will hit Fannie+Freddie. I think many departments that do similar/same work is at risk. It's unique roles and who is more liked that works in favor of an employee during reorgs like this.

There are no plans to merge Freddie and Fannie. This is fake news.
However, privatization is on the table.

I thought the whole raison d'etre for Fannie and Freddie is that the private sector isn't interested in providing this service.

Not correct

Private sector would do this and do it well.

But with Fannie and Freddie able to borrow at gov rates , they can always beat the private sector sector

US needs to privatize the GSEs and let the market do its magic

What do you mean by “privatize”? how would removing the advantages Fannie and Freddie have make mortgages better for consumers. What is this “magic” the market will do? Do you like your 30-year mortgage?

The invisible hand. Read a little

Fannie and Freddie are too big. There should be multiple entities to distribute risk

The advantage is to taxpayers, not consumers.

Estimated Fannie / Freddie may reduce interest rates by 1/2%. Very little benefit considering the huge risk for taxpayers .

What risk? You are engaged in question begging.

Hmm you must be a kid. Born after 2008. Or stupid enough to believe it magically went away , or greedy to want your overpaid job to continue .

So....you are clueless. What did FoxNews tell you happened in 2008?

[Anonymous]

How many employees and how many contractors were laid off from Fannie mae in Q1 2025? Is the total 700? The ones that were fired due to ethical issues.

[Anonymous]

Rumors of Priscilla being fired tonight. Anyone able to confirm?