Federal Home Loan Mortgage Corporation (QB) (FMCKK)

Let's see if JD deals with "hair balls & scratches" with this vile 😾😾 catty 💩💩show

I am pleased to announce the Nomination of very Highly Respected Jay Clayton, former Chairman of the Securities and Exchange Commission, the former Head of Sullivan & Cromwell, one of the most prominent and successful Law Firms anywhere in the World, and the current United States Attorney for the Southern District of New York, to be the next Director of National Intelligence and, importantly, to serve in my Cabinet. Few people anywhere in the Legal Community are respected at the level of Jay. I encourage the United States Senate to confirm Jay as soon as possible. Thank you for your attention to this matter! President DONALD J. TRUMP https://truthsocial.com/@realDonaldTrump/116732777898985789

You said: sullivan & cromwell fannie mae freddie macsullivan & cromwell fannie mae freddie mac +8 The Trump administration retained the prominent law firm Sullivan & Cromwell to advise on the potential initial public offering (IPO) and privatization of government-controlled mortgage giants Fannie Mae and Freddie Mac.Sullivan & Cromwell’s involvement and the broader timeline include:IPO Advisor Role: The administration tapped the firm to navigate the complex legal and structural hurdles required to spin the mortgage giants off from government control. No major Wall Street banks had been officially attached to the privatization plan.Prior Representation: Sullivan & Cromwell has long-standing ties to the housing finance ecosystem, having previously represented Fannie Mae’s board during the 2008 financial crisis takeover and defending major financial institutions against lawsuits brought by the Federal Housing Finance Agency (FHFA) on behalf of the GSEs.Current Status: The IPO and spinoff efforts have reportedly stalled. The privatization process has faced significant delays, complicated further by FHFA Director Bill Pulte taking on additional, temporary responsibilities within the administration.Market Impact: Despite the delays, the administration has stated that a public offering remains on the table, though experts indicate that resolving the conservatorship could take months or years.If you are looking to track the legal and regulatory developments surrounding this privatization, I can:Compare the differences between Fannie Mae and Freddie Mac's current financial recoveriesProvide updates on the FHFA's regulatory changesDetail the implicit federal guarantees being debated for their potential public stockWould you like to explore any of these areas?FHFA Authorizes Fannie Mae and Freddie Mac to Support Additional ...Mar 24, 2020 — The FHFA regulates Fannie Mae, Freddie Mac and the eleven Federal Home Loan Banks. ... Sullivan & Cromwell LLP is a global law firm that advises ...Sullivan & Cromwell LLPRichard H. Klapper | Sullivan & Cromwell LLPIn one of a series of cases filed by the FHFA on behalf of Fannie Mae and Freddie Mac alleging that banks fraudulently issued or underwrote hundreds of ...Sullivan & Cromwell LLPLitigation | Sullivan & Cromwell LLP... Fannie Mae and Freddie Mac. The cases are among 18 suits brought by FHFA alleging that the banks fraudulently issued or underwrote hundreds of mortgage ...Sullivan & Cromwell LLPWaMu Fannie Mae and Freddie Mac demand Repurchase of loans - FDICSep 3, 2014 — ("Freddie Mac"; together with Fannie Mae, the "GSEs") demanded that JPMC repurchase loans that. WMB sold to ... (Sullivan & Cromwell LLP)Federal Deposit Insurance Corporation (FDIC) (.gov)Big Plan for Fannie and Freddie I.P.O. in Flux as Trump Pushes AffordabilityJan 29, 2026 — But six months later, the deal is still a work in progress. The government has retained a law firm, Sullivan & Cromwell, to advise on the deal, but it has not a...The New York TimesChristopher J. Dunne | Sullivan & Cromwell LLP... Fannie Mae and Freddie Mac alleging that Goldman Sachs fraudulently issued or underwrote hundreds of mortgage-backed securities prior to the onset of the ..Sullivan & Cromwell LLPThomas C. White - Sullivan & Cromwell LLPBarclays in litigation brought by the Federal Housing Finance Agency, as conservator for Fannie Mae and Freddie Mac, concerning the purchase of RMBSSullivan & Cromwell LLPA View from the Brink - Harvard Law SchoolJan 1, 2010 — Within days, Cohen (known as “Rodge”) and his team had helped broker the deal that put Fannie Mae and Freddie Mac under federal conservatorship.Harvard Law SchoolU.S. Takeover of Mortgage Giants Followed Failed Talks at Davis PolkSep 8, 2008 — The takeover followed “a series. Executives at the companies played down the risks of the housing bubble and increased their purchases of risky mortgages, then ...ABA JournalTrump picks Jay Clayton for DNI, Pulte remains interim - Housing WireJun 11, 2026 — Trump says Pulte will not be permanent DNI. Trump names FHFA's Pulte acting director of national intelligence. FHFA plans in focus after Pulte named acting DNI:HousingWireFannie Mae and Freddie Mac's Forthcoming IPO - CertuitySep 10, 2025 — This implicit guarantee means that the federal government stands ready, at least informally, to support Fannie and Freddie in times of financial stress,CertuityTrump says Fannie Mae, Freddie Mac IPO still on the tableJun 5, 2026 — President Donald Trump said Friday that his administration is still considering a public offering of shares in mortgage finance giants Fannie Mae and Freddie Ma...HousingWireFannie, Freddie IPO Under Trump Far From a Sure ThingDec 18, 2025 — It will take “months if not years” to complete critical steps such as revising the capital requirements for the two government-sponsored enterprises, the report...Bloomberg.comFannie Mae and Freddie Mac IPOs 'Stalled,' Analysts Write ... - Barron'sMay 1, 2026 — Fannie Mae and Freddie Mac shares are down 23% and 29%, respectively, Fannie Mae's $4.66 billion in pretax income fell short. Freddie Mac's pretax income of $4.Barron'sTrump administration's plan to spin off mortgage giants Fannie and Freddie ...Jun 5, 2026 — Trump has teased an IPO of Fannie Mae and Freddie Mac as recently as last month, Pulte's expanded portfolio may suggest the administration is in no rush to make...KXLY.comFannie Mae and Freddie Mac IPO Hits New Delays - Briefs FinanceJun 6, 2026 — Director Bill Pulte, who is leading the privatization effort, a move analysts say complicates an already difficult process. The White House, FHFA, Fannie Mae, a...Briefs FinanceFHFA Authorizes Fannie Mae and Freddie Mac to Support Additional ...Mar 24, 2020 — market of the COVID-19 national emergency and will continue to take action when necessary. The FHFA regulates Fannie Mae, Freddie Mac and the eleven Federal Hom...Sullivan & Cromwell LLP AI can make mistakes, so double-check responses
Lots of funny $FMCC~ $FNMA~ intellegent coincidences 😜

Yeah, more than half the things F2 have been criticised for have been due to repeated misdirection of entity identity by people that ought to know the difference. It's just plain ignorant shit. So was 47 misquoted, or did he brain fart live?

Financial analysts and most politicians don't know the difference between HUD & FHFA. Many think FHA & FHFA are the same. Some idiots think Fannie Mae and Freddie Mac are owned by the government.@POTUS @pulte @SecScottBessent @SecretaryTurner @BillAckman @michaeljburry https://t.co/iQTxJQ2fd5— Guido da Costa Pereira (@GuidoPerei) June 11, 2026

Robinhood users are just now catching wind of 47's Trillion$ F2 valuation and today, Steve Bannon repeated it while mentioning talk of taking F2 public. The Robinhood generation gets its news online. Steve Bannon is huge online. Who ever said F2 will never be a meme stock is about to be wrong, AGAIN 😃

$FMCC~ $FNMA~

Glad you were wrong Sammy, I think the war announcement proved you wrong.

Trump nominates Jay Clayton for the permanent DNI role ...

https://www.axios.com/2026/06/11/trump-jay-clayton-director-national-intelligence

Never hold green, same pattern all week!

I applaud your persistency, such a grinder but your posts don’t matter. They have done this so long it’s become normal and nobody cares but us!

Unfortunately we can’t put a dent in the outcome of midterms, there simply isn’t enough of us patriots.

And Trump knows this but how can anyone level
minded even consider the other side ?

We have no where to turn. Boy would I like to see Maria or Charles ask Pulte, you stated you wish you could invest in these companies in the $12 range, the stock is nearing $5 now, the companies according to the Trump
Admin are valued at 1T, fraud prevention measures are now in place and effective with AI, what do you say to these people now that believed you?

Do you still wish Mr Pulte you could invest in these companies ? Can you explain why the stock has dropped nearly 70% since its highs?

What’s changed sir?

Unfortunately, Amendment V is no longer worth the paper on which it is written. When written, the framers, for the most part, were honest and law-abiding individuals. That doesn't float in today's corrupt and rotten-to-the-core government. The little guy investor has no chance and the agency that's there to protect said little guy (SEC) hasn't functioned in almost two decades.

As we celebrate the #4thOfJuly, we are reminded of our Constitutional rights currently being broken in #FannieGate. $FNMA @stevenmnuchin1 pic.twitter.com/B9VAQwvOZi— GSE Advocate (@Fanniegate101) July 4, 2017

@POTUS @pulte @SecScottBessent @SecretaryTurner @howardlutnick @RepMeuser @RepYoungKim @BillAckman @michaeljburry

FREE FANNIE!
FREE FREDDIE!
MAGA! https://t.co/uH3gi9rIp7— Guido da Costa Pereira (@GuidoPerei) June 11, 2026

Agree totally gmac - at these JPS prices the risk v return for JPS can be better depending on when you assume first dividend payment and possible conversion. They probably hold common as part of a portfolio where common are the higher risk v return component. Personally I am all in on common and JPS and holding everything.

Maybe that access that Robinhood investors were given is being used on the shorting end here??? Anyone ever think about that? Everyone was expecting share price upward move and now opposite right after they announce the access. This would benefit what the administration was telegraphing as their goal "strong hands". Bring in a crowd of shorters and they start making all the weak handed drop their positions, leaving more float for the big guns to buy up cheap. makes sense to me.

Every time Trump mentions the evaluation now we drop, very similar to Pulte’s TV appearance’s.

Getting crazier by the day !

Germany crushed again team !

I like the Idea our F2 Chairman, Pulte, will be temporarily sitting in our nation's intelligence crows nest with the ability to take out F2 freedom opposition at will. Obviously they're terrorists, 9 ways to Sunday 😜

$FMCC~ $FNMA~

Well, nobody (including all of you reading this) are selling your shares. They were just rebalancing/spreading risk the past few months. Big JPS had to swap, negotiations to settle the lawsuits are done, Pulte is Dni head fake but has 30 days to recommend capital reform, Walsh is in (who cares about a rate cut it is how spreads are functioning, it’s housing month or something like that, 1 trillion (if it’s worth half we are golden), Charles Payne pressing…the list goes on. I would assume it will be creative and I would also assume this month or sometime in July. The housing bill will mascaraed any negative f2 press and provide cover is what I think we wait for now 

$FNMA $FMCC trading volume is eerily low these days. Addition of @RobinhoodApp allowing these OTC stocks has not resulted in new volumes...yet— The Buyside Desk (@buysidedesk) June 9, 2026
$FMCC~ $FNMA~

Trading volume is so low these days that it won't take much to send $FNMA and $FMCC soaring— The Buyside Desk (@buysidedesk) June 10, 2026
$FMCC~ $FNMA~

I’m pretty sure the end of the month until then misery!

No. The backlash of stealing 80% of F&F when NOT in bankruptcy will be huge! No one will invest in a government owned steal and the "sale" will be a dud with repercussions. I thought this administration points the finger at others for being communists? Let's hope Trump is getting honest advice.

"Our best hope for faster action is the appeals court gets their act together soon and finishes off the Lamberth case."

Probably more like our ONLY hope. Today's press conference ought to tell shareholders all they need to know about Mr. Orange Hair's plans for F&F with "I can sell them if I want to" and "I was offered $100B and they might be worth 10X, maybe $1T". The three R's will never happen and are out the window! Ackman, Paulson and the rest of the shareholders ought to call the dumbass's hand and let him sell F&F for $1T (which we know he can't do) and then give us our 20.1% of that $1T and we can all move on!
That's the only remedy for honest shareholders in a sea of corrupt government officials, regardless of party.

I wonder where the tariff money being returned will come from, thoughts? Almost 170 Billion I’m hearing.

I’m pretty sure Mae see’s the 5’s tomorrow, no reason to think differently.

So far USG have used every excuse they can think of.
How long can they keep doing this?

Restatement of $ 1 Trillion valuation today:

$FNMA $FMCC

Another trillion dollar soundbite today from @realDonaldTrump on Fannie Mae & Freddie Mac as he continues to commend @pulte & endorse him as acting DNI.

You’re out of your mind if you think nothing is happening with F2. When we uplist, we’ll be on the most coveted… pic.twitter.com/ckn5HGVzVf— Horseman Country (@HorsemanCountry) June 10, 2026

Are we still blaming it on the OTC or No Rush ?

Trust me, Trump did NOT send Pulte to DNI to do ANYTHING for F2. He's there entirely to dig up dirt on elections, the Russian Hoax era nonsence and expose it, as well as some intel dept firings. NOTHING he will do there will help F2 because he and Bessent have ALWAYS held the keys and the power to work together to end this and they've both punted to Trump who has much higher priorities: AI equity stakes, Intel chips equity stake, Iran, Venezuela, Cuba, 250th celebration, D.C. beautification, D.C. crime, the border/ICE funding, push national defense budget to $1.5T and on and on and and on ... ALL worthy causes, but ALL ahead of F2 when they long ago had EVERYTHING they needed to IPO (last year).

I believe it happens this year BUT THEY already have ALL the smoking guns they need. Pulte will spend ALL his time there looking for Trump's election and Russian Hoax era smoking guns, but he will be fought EVERY step of the way by insiders, Congress, and whatever press and media support they can drum up. He will spend NO TIME on F2 while there. Our best hope for faster action is the appeals court gets their act together soon and finishes off the Lamberth case.

It's obvious F2 are running themselves the way 47 wants them running for release. Otherwise, he wouldn't pile more on Pulte's plate. It makes even more sense when considering F2's systemic importance to the economy of the USA. That systemic importance and all the tentacles coiled tightly around F2 independence is precisely what's sealed. Remember how Hanky Panky was reacting to the threat of China dumping all their MBS as the primary motivation to seize F2? Pulte's going to untie that knot, and cut off the tentacles from the inside.

$FMCC~ $FNMA~

Then why name Pulte temp DNI? For kicks I guess.
There's dirt, rooms with burn bags. Tulsi found it. She is lining up Pulte, see Tieetcoolee post from Truth.
Biggest tell is those who are here that are anti Trump trying to beat down this.

@POTUS @pulte @SecScottBessent @RepMeuser @RepYoungKim @BillAckman @michaeljburry

6 years into Trump Administration and the Trillion$ corporations remain in TEMPORARY conservatorship and trade over the counter!

FREE FANNIE!
FREE FREDDIE!
MAGA! https://t.co/nOLgco958A— Guido da Costa Pereira (@GuidoPerei) June 10, 2026

Markets spend years ignoring an asset, then spend months repricing it. $FNMA and $FMCC might be entering phase two.— BeatTheBotz (@BeatTheBotz) June 10, 2026

Just like they did on Border Funding, the Radical Left Dumocrats are trying to take our National Security hostage because of unrelated issues. They should stop playing politics with the safety of our Great Country.  
 
I have named William Pulte to be Acting Director of National Intelligence, who will take over on June 19th, and have asked him to execute the immediate and needed downsizing of the office, reverting staff to their home agencies. At the same time, I am looking for a permanent ODNI Nominee with experience in National Security.  
 
FISA 702 is very important to our Military, and keeping the American People safe, especially during the World Cup and America250 Celebrations. If nothing is done, this important Law will expire this week. I am asking Congress to send me a short-term extension of FISA to provide time for the selection and confirmation of a permanent Head of the Agency. I would like to thank Director Pulte for his time and commitment. President DONALD J. TRUMP https://truthsocial.com/@realDonaldTrump/116726429558380513

$FMCC~ $FNMA~ running the DNI makes me 😀

Protect your kids lunch money. Feed your landscaper, and ditch the stalker.

Attaching the link again for those who haven't seen it yet or haven't saved it.

https://www.documentcloud.org/documents/2839971-Fannie-Mae-and-Freddie-Mac-Unsealed/#document/p19/a295916

Here are the ugly facts on the whole 11000 documents, pulte, DNI situation:
1. Sweeney REJECTED the governments executive privilege claim on the FULL 11,000 documents a very long time ago; the vast majority of those documents are already public; I think Guido shared a link not long ago - the same link with the Jim Parrott email

2. There are some documents that remain under seal, they include:
Privileged Communications: Records containing sensitive legal strategies, attorney-client privileges, or specific communications to which plaintiffs were denied raw access.

Proprietary Business Secrets: Documents detailing trade secrets, private corporate financial models, or internal metrics that could cause competitive harm if fully disclosed.

Deliberative Process Privilege: Select internal executive branch records pertaining to White House and Treasury policy formulation that are shielded from public view.

3. For those still under seal above it is because of the remaining litigation that we are all waiting on the final results.
The authority to release the remaining sealed documents rests primarily with the presiding federal judges overseeing the shareholder litigation, alongside the U.S. Department of the Treasury and the Federal Housing Finance Agency (FHFA) as the originating agencies.

The final ugly truths:
1. Moving Pulte to Acting DNI has NO EFFECT on getting or releasing these documents. This CAN ONLY BE UNILATERALLY DONE by the presiding judge in the case, OR

2. FHFA & Treasury would need to inform DOJ they are removing their objections to having them released, in which case the presiding judges would still need to approve - likely they would if government removed their objections ...

So, continuing to fight these cases in court while NOT removing their objections to the remaining sealed documents lays the blame ENTIRELY with Pulte and Bessent's agencies (I guess indirectly with DOJ as well). The DOJ likely has rules that prevent them from just dropping cases, but Pulte and Bessent should be able to use their executive powers to remove their objections and ask the court to unseal the documents. In my view they all have additional unclear motives to keep the status quo, but Pulte at DNI will NOT change that.

There is no way Trump will ever get the Nobel Peace Prize
Why do you own common shares if you think Trump does not care nor has a well thought out Plan?

Then you compound that with Ackman and 10X, stupidly cheap ! Hell, we can’t maintain 1X where we were at.

"Trump probably has a well thought out plan and is waiting for something to start the deal in motion"

Oh, really? In a term and a half, Trump has given nothing to Fannie and Freddie but lip service, and that has been sparse, at best. Trump is trying to get the Nobel Peace Prize, with no time for annoyances liker F&F!

"William Pulte, who is working closely with Tulsi Gabbard, will be taking over as Acting Director of National Intelligence on Friday, June 19th. "

I guess that position, surprisingly, does not require a great deal of intelligence on the part of the Acting Director. Trump's ass kisser is surely being sent to that job to straighten up the cafeteria!

Inflation has risen for the 3rd consecutive month!

So if the years matter more than the money

If the 301 plus billion looted from
The NWS didn’t happen

Do you think we would still be in conship?

The only reason the conship
Kept going was the theft and money.

It takes years to replace the stolen loot

Stolen loot had led to this mess lasting years

It’s always about the money and still is

Years are not the issue here
It’s the money

No money stolen or returned money stolen equals freedom much sooner

Go FnF


EternalPatience
Re: Golfbum22 post# 870331
Wednesday, 06/10/2026 9:11:10 AM
And if you think the 6 years under Donald Trump is justifiable and reasonable compared to the eight years under Obama, good for you and your money. No comments and no arguments from my side. Enjoy two more years if needed from Donald Trump to make it eight eight all

Golfbum22
Re: EternalPatience post# 870325
Wednesday, 06/10/2026 8:40:02 AM
Why do the years matter? Asking for a friend- lol

Look at the amount of money stolen under each POTUS

It’s not even close

The first quarter of the NWS was like 80 billion alone and 90% plus of the total monies stolen was under which POTUS?

If I had several different landscaping persons taking care of my yard for 4, 6, and 8 years and one them stole all of my gold out of my safe and another stole my kids lunch money

Which one would the cops be looking for?
Which one deserves to be caught?

Years don’t matter

Only the money stolen and prison time matter
(This is not a political post)

It’s about who is guilty for stealing the most from the gse’s

I will be happy with any POTUS from any party that fixes this 18 year theft and conship prison the gse’s have been wrongly put in

Go FnF

We need real news by end of July

1 and done

Germany down about the same as yesterday!

FISA won't pass. TACO will happen. Pulte will be returned back to us. It's good for us (not that he is useful to us). Otherwise he will be 100% focussed on DNInto find things for DJT for the midterms and make up stuff just like how he did with pizzas and popcorns at the GSE cafetaria

Hmmmm : what is the motivation to wait longer than necessary ??

Maybe to let the warrants expire as DJT is walking out the do before Sept 2028 before the election!

Yes - I cant see how Trump does not do a deal relatively soon - Trump only has 2.5 years left to get the full benefit of any monetization of the UST F2 stake. Paulson has been a very long term supporter and Ackman more recently - what is the motivation to wait longer than necessary. Trump probably has a well thought out plan and is waiting for something to start the deal in motion - we just wont know what he is waiting for until the deal starts to happen.

William Pulte, who is working closely with Tulsi Gabbard, will be taking over as Acting Director of National Intelligence on Friday, June 19th. He will remain as Director of the Federal Housing Finance Agency, and Chairman of Fannie Mae/Freddie Mac. Thank you for your attention to this matter! President DONALD J. TRUMP https://truthsocial.com/@realDonaldTrump/116722436233594406

$FMCC~ $FNMA~

22 minutes ago
No Rush 😜

Assume that Pulte's little side hustle as DNI is to see the actual dirt from Obama docs. It gives Pulte a level of clearance he did not have to do this. When they do release, he will really be locked and loaded because he is not affraid to start spilling beans to fulfill a Trump objective. Trump is having Pulte become our nuclear option if he doesn't get coopoation that he see's he needs.

I challenge anyone on these boards to tell me why Pulte was assigned this position "temporarily" and not one of the more qualified existing admistration heads, or just assign the new head and get Senate confirmation going? There is a method to the madness, and you usally don't see it coming until Trump is well down the road.

We are having another price shake out currently...will this be the mother of all? Where the chicken littles are saying the sky is falling, I see weak hands throwing in the towel and setting us up for a release launch.19+ years in this - nothing scares me.

Not sure the IPO/SPO is ever going to happen.
Trump is weighing the option. Well, he has been weighing the option for a long time.
That is not Trump. If he could do the IPO without any repercussions he would have done so already.
Warrants are toxic. That is what he is weighing.

"shareholders including Paulson, Ackman and all of us have been waiting a long, long time."

You think they are coming to the realization that they carry no more weight than the 100 share owner?

In other words, neither party is worth a damn for Fannie and Freddie shareholders.