Empty charges, unsupported baseless accusations while completely disregarding factual evidence. Typical F2 hater response. This guy has a motivational agenda, a grudge, likely due to being let go from FHFA earlier this year (Pulte firing?) and a "Homes for All" supporter. It is noteworthy that he is a Harvard PhD Economist.
Scott Susin was a senior economist for the FHFA Office of Fair Lending Oversight Division of Housing Mission and Goals.
Scott Susin is the founder of the Center for Mortgage Access, a policy research organization dedicated to the role of public mortgage finance in expanding equitable access to homeownership. Previously, he served as a Senior Economist at FHFA, the primary regulator of Fannie Mae and Freddie Mac, where he focused on analyzing disparities in mortgage interest rates and home appraisals. At HUD’s Office of Systemic Investigations, Scott led econometric analysis for two of the agency’s largest fair lending settlements, including the then-largest redlining settlement in the U.S.
A few misconceptions about Bill Ackman's stake:1. Bill dis not buy F2 Pennie's on the dollars. His initial stake was bought in $3-$4 range 2. F2 is not Pershing's top 10 holdings 3. Pershing's investments are held by several companies including retirement and pension funds 4. An investment in Tesla or Apple would have made far more return. Even S&P went up 280% in the last 10years