Fannie Mae (QB) (FNMAL) ニュース

Trump:
We bring down mortgage rates.

I know.
But maybe something about Rick? 🧐 😜

There will be no mention of release from conservatorship in his speech tonight.

Soon: President Trump to address Congress, Fannie Mae and Freddie Mac’s exit from conservatorship, Rick’s Whale Specialties at Costco 📯🛒😀

Keep your shirt on, CCSAB,

Look at the daily trading volume of jps: quite average. Everything is fine here, no bad turns. Speculative stocks are subject to fluctuations. That's all.

No. Markets dropped and so did FnF. It happens. We were lucky to hit $7 IMO. I was surprised we got past $5 without definitive plans for release. So we are a little ahead of schedule but no worries.

Something is rotten in the State of GSEs and it's not me pompoms. Hate to say it but kind of feeling like something has changed. Nothing to do with Pulte nomination. A lot to do with price moves on common and jps, some to do with Calabria, some to do with Trump-Paulson meeting. Just get that sense. I am truly not short. Anyone else sensing this and have thoughts?

Someone with lice might scratch his/her head. With other afflictions, it would probably be other body parts.

AIG was unable to repay the Federal Reserve and Treasury their $68 billion bailout. Any HONEST person will acknowledge that Fannie Mae & Freddie Mac have overpaid the Treasury. No amount of scratching will change Facts.

https://projects.propublica.org/bailout/entities/8-aig
https://projects.propublica.org/bailout/entities/158-fannie-mae
https://projects.propublica.org/bailout/entities/230-freddie-mac

3 and out.

yuuuuge

Not a chance that he mentions it

Anyone (ahem, KThomp) who thinks this is going to go the exact same way as an AIG is going to be sitting there scratching their head when this is over.

Anyone who completely discounts that possibility may be handed their head (and their shares) when this is over.

I am not hoping for this. But I have never, NEVER, NEVER, seen or heard of a consultant who deals with the Government that had an original thought. That's not their job or MO. Its Google, cut and paste (like HERA). It may not go exactly that way as an AIG - but I am sure THE STUDY borrows (or steals) pretty heavily from it. So we need to start lobbying against this outcome. I think it would be to our advantage to do this rather than laugh off the possibility.

Nats

Reform Fannie Mae&Freddie Mac At least $5billion in10-yearsavings VIABILITY:HIGH/MEDIUM/LOW
• Nearly 16 years after the 2008 financial crisis, FreddieMacandFannieMae remain under government conservatorship, with tax payers standing behind their obligations. This policy option would reform the set of government-sponsored enterprises with the goal of increasing their efficacy and accountability.

That is the cut and paste from the doc.

Reform? Goal of increasing their efficacy and accountability?

Does this even sound remotely like release from conservatorship????

Pulte's main job is to build six million new affordable homes on newly released federal land.  The only way to achieve this ambitious goal is to release the GSEs.  Will this be mentioned tonight ?

I bought 10,000 shares at $2. Sold 5,000 shares at $6. So my remaining 5,000 shares cost me a total of negative $10,000. Well below zero cost basis. That's what I call it. Don't know or care if that is technically correct. My background is marketing, not finance. My numbers are hypothetical, not actual.

the American Dream is "Owning a Home"

& Fannie & Freddie make that possible

by ensuring the 30 yr fixed rate mortgage

is available for qualified Americans 🇺🇸

from AI :

American Dream home ownership" refers to the widespread belief in the United States that owning a home is a key component of achieving the "American Dream," symbolizing financial success, stability, and personal independence, often considered more important than other life goals like career advancement or college education; however, affordability issues can make this dream difficult to realize for many people.

Key points about American Dream home ownership:

Central to the American Dream:
Most Americans view owning a home as a crucial part of achieving the American Dream, signifying personal accomplishment and prosperity.

Economic benefits:

Owning a home can provide financial benefits like building equity, tax deductions on mortgage interest, and potential property value appreciation.

Social implications:

Homeownership is often linked to a sense of community, stability, and rootedness in a place.

Accessibility concerns:

Rising housing costs and strict mortgage requirements can make homeownership difficult for many Americans, particularly younger generations.

Why? So they can add naked shorting into the mix of MM? One thing great about OTC is no halts. When they start announcing relist and release, FOMO can drive the SP to mid double digits.

The SEC? What's that? LOL! Somebody call Elon and DOGE!

"You finally found me out. Was trying to keep a low profile.
My advice: Buy all you can and hold."

Hey big man, let me hold a dollar!

"Anyone (ahem, KThomp) who thinks this is going to go the exact same way as an AIG is going to be sitting there scratching their head when this is over."

When one scratches a hollow vessel, does it make a sound?

Ways and Means Committee has the GSEs listed on page 36 or so.  The big beautiful bill.

Massive volume spike end of day.  Was tonight's speech accidentally leaked ?

Someone's looking for dirt...

X Denies Sen. Warren's Demand For 24,000 Deleted Posts From Trump's FHFA Nominee

"Social media platform X has declined Sen. Elizabeth Warren’s (D-Mass.) request to retrieve and provide her office with more than 24,000 deleted social media posts from William Pulte, President Donald Trump’s nominee for director of the Federal Housing Finance Agency (FHFA)."

Full article here:
https://www.zerohedge.com/political/x-denies-sen-warrens-demand-24000-deleted-posts-trumps-fhfa-nominee

You guys are disclosing my well established secret IDs. Please leave the remaining 999 IDs alone until conservatorship ends.

WB & DD.

FNMA/FMCC
Be Safe - Protect Your Positions - HOLD
Never Reveal How Many Shares You Hold
Never Reveal Your Cost Basis
Messageboard Bots Can Ruin You, and Lastly,
Refrain From Posting Here Until Opening Bell Manana (Spanish for Tomorrow)
No Posts Until Opening Bell Manana - signed Tightcoil Trump

KThomp=Milhouse van Houten (Simpsons)

Guido2=Dagobert Duck

4 to 5 MM get together for manipulations. They buy and sell between themselves to push price up or pull price down !!
It's illegal but SEC does NOT enforce or go after them, especially stocks on the OTC boards.
We need FnF to move to NYSE boards ASAP !!!

https://www.banking.senate.gov/hearings/03/03/2025/executive-session

Booooooooommmm! Thats all!

Paper loss only. We will get it back later this week.

Thought it would close green with all the buyers at the end and it was damn close. Still for an overall crap market day we did OK. Hey bashers FU

You finally found me out. Was trying to keep a low profile.
My advice: Buy all you can and hold.

WB 😂

So the market is tanking and the bashers come out? so very lame.

B for Bigyank :)

“Commons Cancelled Soon As Bossible” 😀
I don’t think so.

Has anyone ever seen a common shareholder here in this board, voluntarily go and talk to other class shareholder and try to invalidate their theory or get double assurance that their theory and investment approach is better?  Me neither

But only if
Guido2 is an alias for Warren Buffett 🤣

Does CC stands for commons cancelled. Just asking for a froend

Hi kthomp19,

Let's look at the points where we are not in agreement:
I don't understand those definitions. Safety = adequate capital, and soundness = good business practices
If you relate safety and soundness to the GSEs, your point of view is okay. But if you relate the two terms to the housing market, as Pulte does, they take on a different meaning: the market is safe if it has good standards, which the GSEs largely set. And it is sound and stable if it is maintained even in times of crisis. This requires sufficient liquidity, which the GSEs should provide.
How do exorbitant capital requirements provide more liquidity than lower ones? FnF provided plenty of liquidity to the housing market from 2012-2018 when their net worth was close to zero, and their regulatory capital levels way below zero.
You're overlooking that Fannie and Freddie were in conservatorship in 2012-2018, which suspends capital requirements. These requirements were deliberately suspended so that Fannie and Freddie could carry out their duties without limitations.
Higher capital requirements ensure more available capital, which provides more liquidity, especially in bad times. This is logical in itself. And that's what Calbria said when he introduced these exorbitant capital requirements. Even in the podcast you linked to in a recent post, he says that he set the capital requirements at 4% so that Fannie and Freddie could meet their counter cyclical nature. That's why the companies were created by Congress, he added.(Somewhere around minute 20+, I think)
The first part of that equality is false. Treasury will determine how much dilution the legacy commons face and that's independent of the capital requirements.
The higher the capital requirements, the more likely a capital raise becomes. This is true regardless of the proportion held by Treasury. To think that it is the aim of the Secretary of Treasury to determine exactly how high the shareholders' profits will be is communist and misses the point. That may be what people like Bob Corker had in mind, but you haven't heard the argument for a long time that F+F shareholders were to blame for the financial crisis and therefore shouldn't be allowed to make a profit on a release.

I owned shares in FREQ for a little while. It was called Frequency Therapeutics.

FNMA & FMCC
We;s Goin' to The Moon
We's Goin' to The Moon
Hi-Ho The Merry-O
We're Goin' to The Moooon

Blah, blah, blah... 2) Could convert the seniors instead just as easily Well this implies that writing them down is as easy as converting them, so you are agreeing with me that it's easily done?

Anyone (ahem, KThomp) who thinks this is going to go the exact same way as an AIG is going to be sitting there scratching their head when this is over.

It is but it’s not hard to understand what he’s saying. Call it an adjusted cost basis if it makes you feel better. I’ve said similar about Sofi shares I’ve had forever and consistently sold covered calls on. I’ve probably gotten more in premiums than my cost basis so I could probably say the same.

Maybe KThomp is an alias for Bill Ackman!!!! 😜

That's different from a cost basis.

It was a trade like physical oil in April 2020 LOL.
But we all know what he meant. He’s saying he’s flipped the same amount of shares over and over to the point he’s made more money than he originally bought in for and still has the shares.

Between kthomp19 and Bill Ackman: trustable level: 0.01 % (kthomp19) vs. 99.99 % (Bill Ackman). Expecting common pps: 3x0.01% + 30x 99.99% = 29.9.

How is your cost basis "below zero?" People paid you to take their shares?

https://t.co/d9Lyhdpwi1

CBO budget update. Look at page 24 (24 as written in top left corner of page) Fannie and Freddie line item. Then look at footnote J that appears on page 25.

Anyone want to explain how CBO has arrived at an economic value for a govt subsidy on the underwriting side?

and the middle of 15 and 3 is roughly where the market is in our days :)

BLESS YOU! I would say the same if you arrived at a $20 weighted average outcome!