Replies to post #822718 on Fannie Mae-No Politics (FNMA)

[Ricco79]

These are totally logical steps. FHFA is no longer needed after the release. The previous board of Freddie and Fannie only managed the companies. They have no idea about further development and profit maximization. They can't know how to run a normal listed company in 2025 after 17 years of conservatorship. An easy understandable reason to fire them.

As fast as Bill Pulte acts, all steps were already clear before his nomination. I think in 2-3 weeks or eaelier we know what they plan. But it is fair to inform the employees beforehand.
🚀💪👌💥

[navycmdr]

Freddie Mac says no more work-from-home by May - report

Mar. 20, 2025 9:38 AM ET By: Max Gottlich, SA News Editor

The move comes as Freddie Mac & Fannie Mae are banking

on President Donald Trump's administration to dismantle the

federal conservatorship that's controlled both entities since

the 2008 foreclosure bust.

FMCC shares gained 0.4% in Thursday premarket trading.

Ending its remote work flexibility, Freddie Mac (OTCQB:FMCC)
told staffers to return to the office five days a week starting in May,
with a promise to review pay plans to reward key employees,
Bloomberg reported on Thursday, citing a Wednesday memo
from Federal Housing Finance Agency Director Bill Pulte and
Freddie CEO Diana Reid.

As of Jan. 31, the mortgage giant employed more than 8,000 workers.

Employees have about 45 days to come back to the office,
ensuring its critical function in the U.S. mortgage market
remains uninterrupted, a person familiar with the matter
told Bloomberg.

The move comes as Freddie Mac (OTCQB:FMCC) and Fannie Mae (OTCQB:FNMA) are banking on President Donald Trump's administration to dismantle the federal conservatorship that's controlled both entities since the 2008 foreclosure bust.

FMCC shares gained 0.4% in Thursday premarket trading.