I’ve seen it. Don’t want to name the specific example for sake of anonymity but I know it’s happened recently. I think a lot of people stay at the agencies out of happiness / solid pay / work-life balance more than inability to go to the buy side

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I did not meant to imply it's not possible, its just that I personally haven't seen it. Whereas, I have seen several leave to go work for seller/servicers b/c those companies love to have an insider on their team. I should clarify that I'm not in D.C. or a city with a large regional GSE office (Dallas, NY, Chicago) so understand that my experience would be different when it comes to seeing folks jump to the developer/investor side mainly for that reason.

Our current Freddie Mac rep has been there 30+ years and I think there are many that have significant tenures at both GSEs b/c it pays pretty well, seems to be more insulated from ups and downs of market cycles and has a reasonable work/life balance.

Good luck

 

The D.C. area, which is home to both GSEs, is flooded with multifamily seller/servicers + countless multifamily development, investment, and management groups. Good exit options, but honestly, the GSEs are the type of place that promote internally. You stay put you'll be making $175-200k (working a 40-hour week) after 10 years. They really value institutional knowledge (i.e. knowledge of their own firms).

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Most Helpful
Rice and Fires:
It does, but I do know that some people at Fannie aren't happy about where they built cause it just makes it more painful for them to get out to the office. But definitely looks like a badass building.

Correct. If you live adjacent to the Metro (I do), it's easy access. If you're a normal adult with kids and a townhouse or house, the drive is a complete grind, and the "first mile" to the Metro is really difficult without having your spouse able to drop you off.

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