Fannie Mae plans to lay off ’several hundred’ workers

Fannie Mae is at the top of the chain in terms of mortgage financing and even the top is not immune to market dynamics!

Inman Real Estate News – Fannie Mae plans to lay off ‘several hundred’ workers: “Mortgage repurchaser Fannie Mae says it will lay off several hundred employees by the end of the year as a cost-cutting measure, confirming a March 27 Washington Examiner report based on an internal company memo.”

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