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Fannie Mae / Freddie Mac lo wfh cancel. Contractors ni cutting


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Posted
22 minutes ago, Coconut said:

fake news anna...

 

35 minutes ago, Anta Assamey said:

Post Source bro....33mtnj.gif

WFH cancel, all are required to come to office 3 days a week. 

contractors will likely be effected as the plan is to even cut employees...

not fake

Posted
26 minutes ago, hunkyfunky3 said:

 

WFH cancel, all are required to come to office 3 days a week. 

contractors will likely be effected as the plan is to even cut employees...

not fake

3 days is ok right.Atleast its not 5 days.

Posted
1 hour ago, Nayakudu22 said:

DOGE Kompa kolleru chestundi

Ee company yeppudu bad news thoone vosthundhi yendhuku? Especially this name bore synonym with 2008 recession and Lehman Bros

  • Haha 1
Posted

This is 100% true. wfh canceled fannie wfo from monday(03/24) all 5days and freddie(04/01) on wards

Posted

But, I know a guy who works for both Fannie and Freddie (multiple jobs) and he is saying he is not affected or heard anything as of such. 

Posted
2 minutes ago, yslokesh said:

Ee company yeppudu bad news thoone vosthundhi yendhuku? Especially this name bore synonym with 2008 recession and Lehman Bros

What is Fannie Mae and what does it do?
 
 
AI Overview
Fannie Mae (Federal National Mortgage Association), a government-sponsored enterprise (GSE), plays a crucial role in the U.S. housing market by providing liquidity and stability, primarily by purchasing mortgages from lenders and packaging them into securities for investors, thus supporting affordable homeownership and rental housing. 
 
Here's a more detailed explanation:
  • Role in the Housing Market:
    Fannie Mae aims to increase access to affordable mortgage credit and stable housing finance for individuals and families, as well as investors in multifamily properties. 
     
  • How it Works:
    • Purchasing Mortgages: Fannie Mae buys mortgages from lenders, providing them with the funds to make more loans. 
       
    • Securitization: It then packages these mortgages into mortgage-backed securities (MBS) and sells them to investors. 
       
    • Guarantees: Fannie Mae guarantees these MBS, meaning investors are protected if borrowers default on their mortgages. 
       
  • Impact:
    • Liquidity: Fannie Mae's actions create liquidity in the mortgage market, allowing lenders to continue providing loans. 
       
    • Affordability: By supporting the mortgage market, Fannie Mae helps make homeownership and rental housing more affordable. 
       
    • Standardization: Fannie Mae sets standards for mortgages, making them more predictable and attractive to investors. 
       
  • Government-Sponsored Enterprise (GSE):
    Fannie Mae is a GSE, meaning it operates with government permission and under government regulation, but it is not a government agency. 
     
  • Focus Areas:
    • Single-Family Housing: Fannie Mae supports homebuyers and homeowners through various mortgage products and solutions. 
       
    • Multifamily Housing: Fannie Mae finances quality, affordable rental housing. 
       
    • Innovation: Fannie Mae is constantly innovating to improve the mortgage process and make it more accessible. 
Posted
11 hours ago, krishnaaa said:

3 days is ok right.Atleast its not 5 days.

That's for Fannie... This is all over(action) ...

Posted
10 hours ago, kool_buddi said:

But, I know a guy who works for both Fannie and Freddie (multiple jobs) and he is saying he is not affected or heard anything as of such. 

He will get informed by mail by next week

Posted
3 hours ago, Hyper said:

He will get informed by mail by next week

Yeah, he said to do coffee badging. 

Posted
15 hours ago, hunkyfunky3 said:

 

WFH cancel, all are required to come to office 3 days a week. 

contractors will likely be effected as the plan is to even cut employees...

not fake

Yup all employees going 5 days a week… some contractors are saved not sure why and how… 

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