Fannie Mae-No Politics (FNMA)

[Ripcord01]

please remember my disclosure said I am long FNMA and positive about the outcome of FNMA.


This could still be an advertisement with a 6 year old job description because the guy/gal they hired 6 years ago has left.

Also FHFA was created in 2008 per the FHFA website.

Enacted in response to the financial crisis of 2007-08, the Act created the Federal Housing Finance Agency (FHFA) as supervisor of the enterprises and the Banks (together, the regulated entities); abolished OFHEO and the FHFB; and transferred mission supervision of the enterprises from HUD to FHFA, thereby consolidating all supervision of the enterprises within FHFA.

Basically the FHFA was a consolidation of OFHEO and FHFB..so the position decription for the advertisement was probably updated in 2008. Fannie Mae has been around for years. They probably did a quick update in 2008 when the FHFA was created.

Fannie and Freddie weren't delisted until the summer of 2010.