Fannie And Freddie To Pay $210 Million In Retention Bonuses

Fannie And Freddie To Pay $210 Million In Retention Bonuses

Fannie Mae and Freddie Mac are preparing to hand out $210 million in taxpayer-funded retention bonuses to 7,600 employees. No bonus will exceed $1.5 million, but more than half of all Freddie and Fannie employees will receive an average bonus exceeding $24,000.