Fannie/Freddie Politics Board (Politics Allowed~Non-Moderated)

[Chris R]

Does a building need to be used every single day fully in order for it to be useful?
And you can say that about every single company, that much financial waste would make their financials better. Did you look at the financials? In 2024, Freddie's net income was 11.9 bil and Fannie had a net income of 17bil.
Of course, they can do better, but I question if this Pulte really knows what he is doing.

It doesn't help that I find articles like this: https://www.bloomberg.com/news/articles/2025-02-25/fhfa-nominee-bill-pulte-reveals-gamestop-profits-mrbeast-stake

Then also see that a lot of people have invested into Freddie and Fannie after its privatization talks. There were even the talks about adding Fannie to the Sovereign Wealth Fund.
https://www.bloomberg.com/news/articles/2025-03-21/fannie-freddie-speculation-mounts-on-bessent-wealth-fund-remark?srnd=homepage-americas