Afternoon Session - 2019 Meeting
“Freddie Mac and Fannie Mae have new financing programs for manufactured home loans”
22 mentions across the corpus · positive 0 · negative 12 · neutral 10 · historical 0
Afternoon Session - 2019 Meeting
“Freddie Mac and Fannie Mae have new financing programs for manufactured home loans”
Defending Clayton Homes and Berkshire's IBM stake | May 4, 2015
“they give you the foreclosure rate by year... talking about Freddie and Fannie's loans. I mean, they give you the foreclosure rate”
Afternoon Session - 2014 Meeting
“At the moment, Fannie and Freddie are being pretty conservative, and they're making almost all the home loans.”
Was the U.S. government complicit in the housing bubble?
“legislators were encouraging Freddie and Fannie to be doing things that they shouldn't have been doing”
“people looked at Freddie and Fannie, which were the first ones to get in trouble in September, more or less”
Warren Buffett; Anwar al-Awlaki Killed
“I made a lot of money out of owning Freddie Mac and Fannie Mae mortgage pass throughs.”
Morning Session - 2009 Meeting
“With Freddie and Fannie, the preferred was gone. I mean, there was no equity.”
Morning Session - 2009 Meeting
“But what about Washington Mutual, AIG, Wachovia, Citig, Fannie Mae, even some Irish banks that I think you were involved with?”
Afternoon Session - 2008 Meeting
“you had an organization called O'Faio, whose sole job was to supervise two big companies. And these big companies were Fannie Mae and Freddie Mac”
Warren Buffett remembers the 2008 financial crisis | July 11, 2018
“you had the conservatorship of Freddie and Fannie, and now you had 35 million people, particularly when Lehman fell”
Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010
“Freddie Mac believed it, Fannie Mae believed it, Congress believed it, the media believed it”
Warren Buffett 2008 Interview (Ivey Archive)
“Fannie Mae and Freddie Mac are 2 of the most important institutions...we found that both of them had some of the largest accounting discrepancies”
Warren Buffett remembers the 2008 financial crisis | July 11, 2018
“these two institutions that either own or guarantee 45% of all the residential mortgage in the United States”
Warren Buffett remembers the 2008 financial crisis | July 11, 2018
“you know, Fannie and Freddie, they're no good, you know. Now the government says it's going to stand behind them”
2008 Berkshire Hathaway Shareholder Letter
“They allowed Fannie Mae and Freddie Mac to engage in massive misstatements of earnings for years”
2008 Berkshire Hathaway Shareholder Letter
“both enterprises had engaged in massive accounting shenanigans for some time”
Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010
“whether it be a city group or a Fannie Mae, that they didn't manage the balance sheet”
Wesco 2006 Annual Meeting — Notes of Charlie Munger's Remarks (Whitney Tilson)
“You take Fannie Mae – a big, clumsy, dumb bureaucracy to start with – and they're in this great privileged position”
Morning Session - 2005 Meeting
“mortgages intermediated in a way that the person buying the mortgage in the case of, I'm thinking of Freddie and Fannie”
Morning Session - 2005 Meeting
“we would all go to Freddie or Fannie and get our mortgages guaranteed”
Morning Session - 2005 Meeting
“regulatory environment in Washington, which appears to be growing much more negative on Fannie Mae, Freddie Mac, Farmer Mac”
Morning Session - 1994 Meeting
“40% of all home mortgages have been securitized by Fannie Mae and Freddie Mac, the Duopoly... market share is essentially certain to go up”