20 mentions across the corpus · positive 0 · negative 5 · neutral 14 · historical 1
Buffett: More banks may fail but U.S. depositors will be OK | April 12, 2023
“holder of a 30-year Freddie Mac or Friday, they've got the best deal in the world... if you qualify for making a Freddie or Fannie Mae.”
Afternoon Session - 2019 Meeting
“Freddie Mac and Fannie Mae have new financing programs for manufactured home loans”
Buffett buys airlines and Apple | February 27, 2017
“Fannie Mae and Freddie Mac...I don't think that you need Fannie and Freddie at all to do it.”
Afternoon Session - 2014 Meeting
“At the moment, Fannie and Freddie are being pretty conservative, and they're making almost all the home loans.”
“he did get out of Freddie Mac, which was a case where he bought a lot and did get out at the right time”
Afternoon Session - 2012 Meeting
“Freddie Mac are the three largest financial institutions... operating losses, a negative net worth, owned by the government, acting at times with the power of the government”
Afternoon Session - 2012 Meeting
“I think for a while we were going in that direction with Fannie and Freddie and then they left the tracks.”
Warren Buffett; Anwar al-Awlaki Killed
“I made a lot of money out of owning Freddie Mac and Fannie Mae mortgage pass throughs.”
Class B stock split was "easy decision" | January 20, 2010
“Or if you look at Fannie and Freddie, I mean, you know, are you going to go and tax the members of Congress who ran Freddie and Fannie.”
Wesco 2010 Annual Meeting — Notes of Charlie Munger's Remarks
“Fannie Mae and Freddie Mac had 200 people at OFHEO to supervise them, and right under the nose of OFHEO they went bust”
Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010
“Fannie Mae and Freddie Mac, since you raised Ophail, I mean, here are institutions that had this push pull. They had the mission, but also the profit motive.”
Morning Session - 2005 Meeting
“We don't own Freddie or Fannie now, but we own Freddie at one time.”
Morning Session - 2005 Meeting
“we would all go to Freddie or Fannie and get our mortgages guaranteed”
Morning Session - 2004 Meeting
“proposed oversight changes for Mortgage Giants, Fannie Mae, and Freddie Mac are all examples”
Afternoon Session - 2001 Meeting
“we sold the Freddie Mac stock last year and there were certain aspects of the business that we felt less comfortable with as they unfolded”
Morning Session - 2001 Meeting
“If you're Freddie Mac or Fannie Mae and you're guaranteeing mortgages, you know, for millions of people in areas like that, and they don't have insurance... You are taking on enormous risks.”
Afternoon Session - 2000 Meeting
“most of Westco's assets are tied up in Freddie Mac, and Freddie Mac will arguably grow intrinsic value in the low teens for the next couple of years.”
Afternoon Session - 1996 Meeting
“It's probably slightly more risky, but I don't think they're taking horrible risks. It's still a very good business.”
Afternoon Session - 1996 Meeting
“I'd like to ask the chairman and Mr. Munger about Freddie Mac. A few years ago, I think they're earning most of their money from the guarantee fees and the float.”
1996 Berkshire Hathaway Shareholder Letter
“For example, See's, Wells Fargo and Freddie Mac could be hit hard.”