Fannie and Freddie make more money per employee than almost any other company


What Fannie Mae and Freddie Mac do with the money they make has long been a debate in the housing finance world. Some argued that the government-sponsored enterprises should be allowed to retain all their profits, while others argued that the GSEs’ profits should continue to flow to the Department of the Treasury, as they have since the government took the companies into conservatorship.There was finally movement in that argument last week, when the Federal Housing Finance Agency announced that each of the GSEs will be allowed to keep some of their profits to cover against a potential draw from the Treasury amid the “normal course” of business.What has never been up for debate is just how much money the GSEs make. Being the major (only?) players in the secondary mortgage market has been good business for Fannie and Freddie for some time.


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Tami L Barber

NMLS #1030737

(423) 943-9269

Encore Lending Group LLC

NMLS #1249911

206 Wesley St, Johnson City TN 37601

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The information contained in this site has been prepared by an independent third party and is distributed for educational purposes only. This is designed to give helpful tips on the mortgage process and is not intended to give legal advice. Information is considered reliable but not guaranteed. This is not a prequalification, preapproval, loan approval or commitment to lend.