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[quote=Anonymous][quote=Anonymous]Director has been saying he will trim fat. That means reducing some numbers of employees. One way to make the enterprises more appealing to investors [/quote] You do know they created an entire company do do the whole back end process stuff called Common Securitization solutions and removed that work from Fannie and Freddie. Yet Fannie and Freddie did not lay anyone off. That is crazy The bloat is nuts. NCUA in their study found it takes four employees to do the work of one employee in the private sector. It is outdated, slow, manual process, and top heavy with uneeded levels of management. They are operating with 1980s technology with a lot of older workers unwilling to adapt to modern time. Can you imagine 1,000 people doing the work of 250 people? Not the staff fault at all. They are stuck with ancient systems and multiple layers of reviews [/quote]
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