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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Fannie paid out some crazy bonuses this year to include decent raises. [/quote]

How much? Freddie employee here[/quote]

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. [/quote]

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.        [/quote]

What level? Has to be VP[/quote]

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. 
[/quote]

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.[/quote]

bruh. It’s not the “taxpayer dime.” Fannie and Freddie earn their own money through purchasing mortgages and securitizing them. They PAY money to the government. [/quote]

They don’t earn their own money. The government backstop provides them what are essentially monopoly profits.[/quote]
 -- 
Have people forgotten the history of the GSEs?  Other countries don't have 30 year fixed mortgages  -- your loan may amortize over 30 years, but its a 5 year mortgage you need to refinance every half decade or less -- too much default and interest rate risk.  [/quote]

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