Anonymous
04/02/2025 17:10
Subject: Fannie and Freddie
What about CSS? Did Tony over there find a way to just avoid any layoffs or RTO?
Anonymous
04/02/2025 17:05
Subject: Fannie and Freddie
I think RTO is to see who actually still lives in the DMC. Freddie is May 1st. They have not been in the office since Feb 2020. A lot of folks may have moved away and might come back short term but unless a high paid job they wont move back or rent a pied a tier. Also people over 60 already in Florida just loggin on each day may not come back.
Anonymous
04/02/2025 17:03
Subject: Fannie and Freddie
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:What’s the latest in RIF for us?
I’ve heard that they are cutting entire departments.
Please give more details
Who is getting rif’d Fannie or Freddie? And yes more details who did you hear this from.
False rumors
No!
https://themortgagepoint.com/2025/04/01/democratic-sens-push-back-against-fhfa-director/
I didn’t see anything about rifs
You brought up rifs. I assumed that you thought that cutting entire departments was = rifs.
Anonymous
04/02/2025 16:34
Subject: Fannie and Freddie
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:What’s the latest in RIF for us?
I’ve heard that they are cutting entire departments.
Please give more details
Who is getting rif’d Fannie or Freddie? And yes more details who did you hear this from.
False rumors
No!
https://themortgagepoint.com/2025/04/01/democratic-sens-push-back-against-fhfa-director/
I didn’t see anything about rifs
Anonymous
04/02/2025 14:55
Subject: Fannie and Freddie
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:What’s the latest in RIF for us?
I’ve heard that they are cutting entire departments.
Please give more details
Who is getting rif’d Fannie or Freddie? And yes more details who did you hear this from.
False rumors
No!
https://themortgagepoint.com/2025/04/01/democratic-sens-push-back-against-fhfa-director/
Anonymous
04/02/2025 14:53
Subject: Fannie and Freddie
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:What’s the latest in RIF for us?
I’ve heard that they are cutting entire departments.
Please give more details
Who is getting rif’d Fannie or Freddie? And yes more details who did you hear this from.
False rumors
Anonymous
04/02/2025 13:49
Subject: Fannie and Freddie
Anonymous wrote:Anonymous wrote:Anonymous wrote:What’s the latest in RIF for us?
I’ve heard that they are cutting entire departments.
Please give more details
Who is getting rif’d Fannie or Freddie? And yes more details who did you hear this from.
Anonymous
04/02/2025 13:40
Subject: Fannie and Freddie
Anonymous wrote:Anonymous wrote:What’s the latest in RIF for us?
I’ve heard that they are cutting entire departments.
Please give more details
Anonymous
04/02/2025 13:39
Subject: Fannie and Freddie
Anonymous wrote:What’s the latest in RIF for us?
I’ve heard that they are cutting entire departments.
Anonymous
04/01/2025 19:00
Subject: Fannie and Freddie
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.
Trump intends to use Fannie/Freddie as collateral for his SWF. (Been covered extensively if you read something other than NBC or CNN.) You explain to me how that will work if it's private. This Administration isn't about to turn away money-making machines by making them "private" when there are other ways to use them for the benefits of their idiotic ideas.
I agree with this. Also important to note that Bessent stated the same thing (use as collateral for SWF) in a few of the conferences he's spoken at and media interviews he has given.
Anonymous
04/01/2025 17:43
Subject: Fannie and Freddie
What’s the latest in RIF for us?
Anonymous
04/01/2025 12:38
Subject: Fannie and Freddie
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.
Still can centralize functions
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.
The unchartering can be done if we have schmucks like Schumer at the helm. Don't think a consolidation isn't on the table. The nativity of some are baffling.
Anonymous
04/01/2025 12:36
Subject: Fannie and Freddie
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.
Trump intends to use Fannie/Freddie as collateral for his SWF. (Been covered extensively if you read something other than NBC or CNN.) You explain to me how that will work if it's private. This Administration isn't about to turn away money-making machines by making them "private" when there are other ways to use them for the benefits of their idiotic ideas.
Anonymous
04/01/2025 11:45
Subject: Fannie and Freddie
Anonymous wrote:I’m just trying to figure out if she was let go just because of who she was or because she tried to stand up to something?
She’s responsible for the incredible Diversity and Inclusion program at Fannie that won many awards. Why do you think she was fired?
Anonymous
04/01/2025 11:42
Subject: Fannie and Freddie
I’m just trying to figure out if she was let go just because of who she was or because she tried to stand up to something?