Fannie Mae (QB) (FNMAJ)

I am curious though who the F is selling now.. is it a case of Market makers fulfilling order with the idea of figuring out where to get shares from within the next 3 days and if they don't find, it goes back up?  Cannot imagine some idiot deciding to sell after waiting for 14 years and decided that I cannot take it anymore at 6.50. 

Your post brought back a lot of memories of Silicon Valley in the 1980s and 1990s. It also reminded me that we really have no idea what goes on behind closed doors. I'll recount events as I remember them.

Seagate was easily the world leader in the manufacture of disc drives. One of it's co-founders, Conner left and started his own corporation Conner Peripherals. The new corporation grew very fast. Seagate was losing many of it's long time customers to Conner. Just as things were getting heated, Seagate CEO Shugart and his right hand man, Mitchell (also a Seagate co-founder) had a very public disagreement. Mitchell left. He was immediately hired to to lead Conner. He started a trade war with Seagate. The older company had a lot of cash reserves and easily won. Conner was forced into merging with Seagate.

I have always wondered if the dispute between Shugart and Mitchell was staged. That's a lesson. We don't know what the President, Pulte and Bessent have planned for Fannie Mae and Freddie Mac.

I don't. That's why I am ready to sink with the Titanic. But these folks are not  ready to sink it either

stop reading. you know better. we have seen many of these. may be they want someone out at $9.99 now instead of $15.99. yawn!

I cant stop reading this one https://buysidedesk.com/p/huge-changes-are-coming-for-fannie

it is all about expectation. once you don't , always good. don't have any expectation. july 4th will be gone, so will mid terms and so will 2028. by now we should have learnt. mnuchin told us how it is played. dejavu.

That is hugely positive! With Pulte the regulator and chairman of F&F, it is his duty to report fraud, or he could be an accomplice for hiding it.

Let’s have him release the 11k documents sealed under executive privilege and see what was so important in them, to hide from shareholders and the American public.

If fraud is found - look out! Fourth of July fireworks!!

Bureaucrat Lives Matter. IMO the single biggest impediment to us getting our value back.

I doubt there will be anything about F2. I'll guarantee he talks about himself though.

Not really freaked out just so aggravated. I have a higher cost basis now because I sold some and bought back on during the year of downtrend.

If nothing is going to happen in 26 what makes you think anything is ever going to happen in 27, 28, 29,..

I doubt anything bout Fannie or Freddie. Probably bout the millions of people attending the fair

No opinion expressed on this board is likely to diminish your regrets,

but I would like to suggest: don't be too hard on yourself for not selling a $100 - $300 stock for $15. We all were given many reasons to believe that release and re-list would happen any time. I didn't sell either and have been buying Fannie on the dips. Could sell on the up days for a slight profit but I'm convinced release and re-list will come like a thief in the night, I don't exactly need the cash, and I want the legendary pay off on these stocks. I probably should have sold my Seagate ( STX ) when it hit $1,100 but I just hate paying capital gains.

Its been all downhill since the RedLine 01/01/26

Now they are all hiding under a desk until Nov 3, 2026 is over. It was foolish of them to take this past the Red Line 01/01/26 for absolutely no reason other than ( TV Talk Show Bessent ) having a childish temper tantrum with Pulte.

Long and Strong Fannie Mae and Freddie Mac !

CNBC Media Alert: President Donald Trump Interview with CNBC’s Joe Kernen to Air Tomorrow During the 5pm ET Hour. Why not in the morning? Will they finally discuss about release of the twins and uplisting? The perfect day to discuss about discussion on uplisting preferably on Texas Stock Exchange.

Fannie Mae, Freddie Mac, and Housing Policy: Given the administration’s ongoing push to privatize "The Twins," Trump will likely face questions regarding his decision to keep a public share offering (IPO) on the table. This comes right after his unexpected move to shift top housing regulator Bill Pulte into an acting national intelligence role while still managing the mortgage giants

For "The Twins" (Fannie Mae and Freddie Mac) to trade on the Texas Stock Exchange (TXSE), they must execute a multi-phase corporate, federal, and financial restructuring. Because they are currently in government conservatorship and restricted to Over-the-Counter (OTC) markets, they cannot simply move; they must undergo a complete national "uplisting" process.

Step 1: Secure Regulatory and Federal Clearance
Before touching any stock exchange, the twins must legally exit federal custody.
• Federal Housing Finance Agency (FHFA) Release: The FHFA must issue a formal administrative order or coordinate with Congress to terminate the conservatorship.
• Treasury Warrant Resolution: The U.S. Treasury holds senior preferred stock warrants representing 79.9% of the companies' equity. The government must either execute, restructure, or completely write off these warrants to clear the capital structure for public markets.
• Build Capital Reserves: Under current capital rules, both entities must collectively accumulate billions in retained earnings to meet safety and soundness requirements before operating independently.

Step 2: Undergo a Mandatory Pre-Application Review
The TXSE features a unique operational step that sets it apart from the NYSE and Nasdaq:
• Confidential Pre-Screening: The twins must submit their financials and restructuring plans to the TXSE for a mandatory, confidential upfront review. This vetting process ensures their corporate structure meets the exchange's "single-tier" standard before a formal public application is filed.

Step 3: Meet SEC and Corporate Governance Frameworks
National exchanges require strict structural protections that OTC companies do not face. [1, 2]
• Board Restructuring: Establish fully independent board committees, specifically an independent Audit Committee that mirrors SEC and TXSE criteria. [1, 2]
• File an SEC Registration Statement: File a comprehensive Form 10 or a new S-1 registration statement with the SEC to transition their financial disclosures back to national exchange reporting standards.

Step 4: Satisfy TXSE Quantitative Listing Criteria
Once corporate health is restored, the twins must hit the specific quantitative thresholds enforced by the TXSE:
• Minimum Bid Price: Shares must maintain a minimum bid price of $4.00.
• Public Float Value: The market value of unrestricted, publicly held shares must be at least $40 million.
• Public Distribution: They must establish a minimum of 1,100,000 publicly held shares spread across at least 400 round-lot holders (investors holding 100+ shares).
• Market Capitalization/Earnings Test: They must clear either the TXSE Earnings Test ($10–$12 million in aggregate pre-tax earnings over three years) or the Global Market Capitalization Test (minimum $200 million market value for at least 90 consecutive trading days).
• Secure Market Makers: Establish agreements with at least 3 to 4 registered market makers to maintain continuous liquidity on the fully electronic platform. [

Step 5: Execute the Public Offering or Uplisting
• Secondary Public Offering (SPO): To dilute the government’s remaining footprint and raise the private capital mandated by the FHFA, the twins would issue an institutional-grade stock offering.
• Commence Trading: Once the SPO prices, the SEC approves the exchange amendment, and the TXSE activates the tickers, FNMA and FMCC would formally transition from the OTC markets to live electronic trading in Dallas.

Where TXSE Outperforms the NYSE:

Lower Listing and Maintenance Fees: The TXSE is purpose-built to slash initial and ongoing compliance expenses. This makes it significantly cheaper for mid-cap firms to go public compared to the multi-million dollar annual commitments required by the NYSE.

Exemption from Political/Social Mandates: Unlike the NYSE and Nasdaq, which have faced corporate pushback over board diversity rules and environmental quotas, the TXSE positions itself as entirely politically neutral. It focuses strictly on shareholder value and basic corporate governance.

Amplified "First-Mover" Spotlight: Listing on the newly formed TXSE offers massive brand visibility. A company becomes a cornerstone of the new "Y'all Street" movement, whereas listing on the NYSE relegates a company to being just one out of thousands.

Strong Regional Ecosystem: Backed by over $161 million from heavyweights like BlackRock and Citadel, the TXSE taps directly into the surging Sunbelt economy. This connects companies to the massive concentration of Fortune 500 headquarters moving to Texas

We have been mostly in bad days since January regardless up-trending of overall markets , that is very creepy, in the meanwhile, SpaceX and Pershing square were IPOed as fast as one can imagine.

We’ve had nothing for over a month as far as excitement goes. I’m really hoping we get some good news this month. Trial verdict. ERCF changes. Anything from Trump on housing. Anything regarding release from capital hill. There’s so many angles and literally all 3 branches of government can release news that would be positive for us I don’t understand how we are trading so poorly. Preferred getting absolutely obliterated too which as always bodes poorly for commons.

i'm not nearly as Freaked Out as you, mainly
because my cost basis for Fannie is 43 cents,
and 28 cents for Freddie....but like you, i thought
something would happen by now, too, especially
since i've been holdin' since 2008 - Fight Fight Fight
Fannie and Freddie are your Friends

Yeah it's freaking ridiculous. I really would have something would have happened by now. We really need something good to happen.

Buy: 1,596,013 Neutral: 375,285 Sell: 1,673,754

Seems etrade is closer
and lines up with SCHWAB @3.6

The more people that "give up," on Mae and Mac,
the better it is for us that DON'T GIVE UP

Was the volume really < 1.3M shares? (Edit: that is from Yahoo. ETRADE says 3.6M)

There's just so much one man can do, but I did some trades and happy with them. We will see when there really is some news & volume.

Who else don’t? Feels like trapped in a scam that I have to hide from my friends and family who I recommended to rush to buy before Nov 2025 IPO. What a Fxxx joke!

I have given up on this stock
Not that I have sold but resigned to the fact that nothing is going to happen in 26 and it will be left to the corrupt OTC to swing it however they want. 

So many regrets not selling last year.

This is absolutely a shameful betrayal of public trust even if the two companies are uplisted finally.

I picked up some more FNMA today, rounded up my position

At this rate we’ll be in $5’s 7/4.

FNMA/FMCC
Fannie pulled off her low like it was a hot stove -
Very Good Sign for Tomorrow - Watch and Learn
from The Master

Nothing, just the usual OTC nonsense. SSDD

Well shit.

You know every time I feel positive bout these companies reality just smacks me in the face.

My question is what changed from this morning? 

triple bottom formed now at 6.25

By the time we hit the 3's that'll be a lot of fuel. Looks like we might be trying for 5's today.

time to grab some more dumb shorts never learn

WE"RE just adding more RedRocketFuel
for The Big Lift-Off - Don't Lose Hope

Well, at least we got to see green for a while before the big take down.

@DNIPulte

If you release the files regarding @FannieMae & @FreddieMac that @POTUS44 is hiding behind EXECUTIVE PRIVILEGE, I'll stop calling you TOO LATE & DO NOTHING. https://t.co/vzINtEFrUr— Guido da Costa Pereira (@GuidoPerei) July 1, 2026

I think it's safe to assume that 7/4 will come and go, given how things are looking. Any disagreement with valid reasons welcome..

volumes so pitiful that my only comment is as such.

we solider on.

not textbook here. 99.9% of retail have lost to this fraud. no sellers. mostly owned by large ones. who will sell? maybe i am wrong.

FANNIE loves Freddie
Begin Thruster Ignition
Stand Back or Board Up

Will there be a day where the total volume will be <1M for the whole day?  It's trending that direction

Declassify whatever you want: 🚨 JUST IN: President Trump has told Acting Director of National Intelligence Bill Pulte to DECLASSIFY anything he wants

🔥🔥🔥

"Bill Pulte is there, I said, 'you can declassify WHATEVER YOU WANT!'"

"I told him — you can do it as fast [as possible]!"

"I think Bill will… pic.twitter.com/3nwo4FX8Xi— Eric Daugherty (@EricLDaugh) July 1, 2026

Oh! Nice volume ... :)

17 years of this pump and dump scheme…there was definitely money to be made, as long as you were on the right side of the trade!

Speaking from experience, only the most devout baggies are here and active during what is a vacation week.

Not exactly Boom. Volume is only 638k almost 2 hours in