Federal Home Loan Mortgage Corporation (QB) (FMCCM) News

as long as treasury and fhfa not taking any evil actions before the inauguration, i am fine with the natural market movements

Sounded like you sold today. How many shares did you sell today?

You know you have been here too long when you can check your balance every 30 minutes and predict what it’s going to be.

So what’s the story today ? This is insanity like everything else in this country is.

If someone owned ten percent and sold at the top how low would the stock go to and how long to sell in the day

Dropping like crazy, maybe back to close to zero

I give credit where credit is due, no respect for anyone who does not. I watch youtube crap....they just take from someone else and try to get followers off that info.

Thanks Trunkmonk and tell Rodney thanks! I hope his numbers truly materialize if this release gets hammered through, which is what they need to do. A fast, but well thought out release would stand tough against, and refute that which will be coming from the losing party. They will attack it, attack it, lie, do whatever they think needed to keep the status quo of give aways rolling. I hope DOGE and the new admin are over prepared come February, if that is when they get the ball rollling.
JHMO and GLTUA

lets see a breakaway gap, and then move to higher exchange. much less manipulation, naked shorts go away, price seeks true value.

From Rodney
Estimated Value of Theft
Fannie and Freddie

If a Court would overturn the conservatorship the below calculation is my opinion of the value of both companies. I use a 10% on interest owed and a P/E of 14. Kindly, check my calculations.

Best Regards

-R

Fannie Mae and Freddie Mac calculations of interest owed to Shareholders from over payment sent to the Treasury, plus companies net worth, plus earnings power of the businesses.

Fannie Mae Intrinsic Value $440.03 per share

Freddie Mac Intrinsic Value $386.42 per share

?‘Little Tucker Act’

New lawsuits if a plan is being worked on with a new Treasury Secretary, if they play games with Seniors and warrants. Treasury and FHFA violating Federal statutes that any district court has jurisdiction over..

With a 8-0 jury verdict and former FHFA Director saying the Treasury has been paid in full.

Prepared Remarks of Dr. Mark A. Calabria, Director of FHFA, at FHFA Swearing In Ceremony 04/15/2019

The Housing and Economic Recovery Act (HERA) Federal Housing Finance Director Calabria co-authored HERA.

Quote: “I believe with HERA, many of those needed tools were finally put into place. I will always be extremely proud to have played a part in those efforts, effectively helping give birth to this very agency. (Federal Housing Finance Agency). End of Quote

Mr. Calabria fully understands the Federal Statutes he helped write HERA.

The Conservatorships of Fannie
Mae and Freddie Mac: Actions
Violate HERA and Established
Insolvency Principles
By Michael Krimminger and Mark A. Calabria February 9, 2015

Mr. Calabria said, “stripping all net value from Fannie Mae and Freddie Mac long after Treasury has been repaid when HERA, and precedent, limit this recovery to the funding actually provided.” Page 4 link below.

NOTE: limit this recovery to the funding actually provided.

Mr. Calabria referenced HERA and precedent. Federal Statutes do not allow the Treasury to attach a commitment fee onto the Senior Preferred Stock. THEREFORE, by reason of Federal Statute, the Treasury owes the companies the overage payment on $191.4 billion total draws from Treasury, plus compounded interest; (recommended interest payment at a compounded rate of return 10%, in conjunction with the amount the FHFA recommended to the Treasury).

https://www.fhfa.gov/news/speech/prepared-remarks-of-dr.-mark-a.-calabria-director-of-fhfa-at-fhfa-swearing-in-ceremony

https://www.cato.org/sites/cato.org/files/pubs/pdf/working-paper-26_1.pdf

FEDERAL STATUTES

The Charter Act, and the Federal Housing Enterprises Financial Safety and Soundness act of 1992 (FHEFSSA); Both as amended by the HOUSING AND ECONOMIC RECOVERY ACT OF 2008, (HERA). The Charter Acts are Fannie Mae and Freddie Mac's enabling statutes. FHEFSSA and HERA are regulatory statutes, governing the companies' regulators. All are laws passed by Congress.

HERA is a Federal Statute not a contract, the Senior Preferred Stock Purchase Agreement is a contract not the law.

The day of the take down Fannie Mae’s core capital of $47.0 billion and Freddie Mac’s core capital of $37.1 billion Totals $84.1 billion. This amount of core capital remained with the companies until the illegal commitment fee started sucking shareholders money into the dark hole of the Treasury. This continues until massive profits were foreseen by the Treasury coming in to the companies as net profit. At this time Treasury implemented the Net Worth Sweep. From the point in time of the start of the collection of the illegal commitment fee until the companies were allowed to retain earnings a total of $301.1 billion was sent to the Treasury.

$181.4 billion Fannie returned to Treasury. Form 10K Dec 31, 2023. Page 9

$119.7 billion Freddie returned to Treasury. Form 10K Dec 31, 2023 Page 5

Total $301.1 billion

For the purpose of a new lawsuit, that any district court has jurisdiction over, by reason of Federal Statute, the Treasury owes the companies the overage payment on total draws in the amount of draws $191.4 billion, the overage payment $109.7 billion, plus compounded interest; (recommended interest payment at a compounded rate of return 10%, in conjunction with the amount the FHFA recommended to the Treasury).

Under the funding agreement the Treasury paid to Fannie $119.8 billion Form 10k December 31, 2023 page 8

Under the funding agreement the Treasury paid to Freddie $71.6 billion Form 10k December 31, 2023 page 5

$191.4 billion total draws from Treasury

The calculation includes both companies and the calculation starts at the point in time when the Net Worth Sweep was implemented. Calculation of interest payments the Treasury owes Fannie and Freddie Shareholders.

Note: the interest calculation does not include the space in time from the start of the illegal commitment fee period up to the NWS. This amount should be calculated and added to the total amount of interest calculated below.

$301.1 billion sent to the Treasury.
Treasury draws totaling $191.4 billion
Difference of $109.7 billion the Treasury owes to the Shareholders in over payments.

August 17, 2012, Treasury and FHFA agreed to amend the PSPAs, changing the 10% dividend into a “Net Worth Sweep.” The Net Worth Sweep required Fannie Mae and Freddie Mac to pay the full amount of their net worth to Treasury every quarter. FHFA Director DeMarco, this non-elected bureaucrat, has been allowed to steal the companies for the Treasury.

From 2012 to 2024

At a compound annual growth rate of 10% on amount Treasury owes Shareholders $109.7 billion. The interest at the rate of 10% on $109.7 billion calculates within a 12 year period of time in the amount of $344.29 billion in interest.

Principal of $109.7 billion plus $344.29 billion in interest = $453.99 billion

The Treasury owes the Shareholders $453.99 billion

Compound Interest Calculator
Initial investment $109.7 billion, length of time in years 12, interest rate 10% annually.

?Third quarter 2024
Fannie Mae Net Worth $90.5 billion
Freddie Mac Net Worth $56.3 billion

Combined Net Worth $146.8

$146.8 billion plus $453.99 billion = $600.79 billion

Fannie Mae common stock outstanding 1,158,087,567

Freddie Mac common stock outstanding 650,059,553

Combined common stocks
1,808,147,120 … ( Fannie Mae 64.05% Freddie Mac 35.95% }.

$600.79 billion / 1,808,147,120 =

$332.26 per share combined

Fannie Mae 64.05% is $212.81 per share

Freddie Mac 35.95% is $119.44 per share

The above calculation does not include the combined Earnings Power of the companies businesses.

EARNINGS POWER OF THE BUSINESSES

Fannie Mae’s common stock outstanding 1,158,087,567

$18.8 billion net income per year / 1,158,087,567 = $16.23 per share of earnings,

PE Ratio of 14 x $16.23 = $227.22 per share intrinsic value.

Freddie Mac common stock outstanding 650,059,553

Net earnings $3.1 billion per quarter, $12.4 billion net per year.

$12.4 billion net / 650,059,553 = $19.07 per share of earnings

PE Ratio of 14 x $19.07 = $266.98 per share intrinsic value.

Fannie Mae Earnings Power $227.22 plus 64.05% $212.81 = $440.03

Intrinsic Value $440.03 per share

Freddie Mac Earnings Power $266.98 plus $119.44 = $386.42

Intrinsic Value $386.42 per share

Again Note: the interest calculation does not include the space in time from the start of the illegal commitment fee period up to the NWS. This amount should be calculated and added to the total amount of interest calculated.

Treasury taking any amount of equity from shareholders will be considered stolen property under federal law. The Treasury and FHFA illegal exaction due to violating Federal statutes all monies with interest should be returned to the companies. Neither the Charter Act nor did HERA authorize the Treasury to charge a commitment fee on a line of credit to be paid by the Enterprise.

Illegal exaction explained:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174797511

im sure the KTCarneyCorkerClownCircus will give you a number, which is meaningless in every sense.

$1000

$1,000

Thanks navy

How high can a stock go while in conservatorship?

Latest post on Tim Howard GSE blog
**************************************
Phil Hallman
November 22, 2024 at 12:15 pm
Hey, Wake up!

We have a twitter campaign going to get you considered at FHFA or at Treasury.

Will you answer the call?

I can’t think of anyone more qualified to shephard this privatization through.

$4 by cranberry season and that’s this Wednesday!!!!🚀🚀🚀

Next stop, $5 !

Can’t wait for a Bessent interview asking about the gse’s

Will he say yes we will get the gse’s out of conservatorship

He will be believed this time

$10 plus until we see the plans

Go FnF

Ask the lawyer

Rule of law guy

Interested also

Thx

Anyone know what's happened with Tim Howard? You'd think he'd be all over this since Trump won, but no one has posted a single thing from him that's current in a long time. Anyone still following his blog?

https://www.barchart.com/stocks/quotes/FMCC/opinion

The guy keeps on posting libor dockets every time the courts deposit a new one, I don't remember what amount he's imagining the GSEs receive...
At least the Libor case gets judicial news, our incompetent bozo has been hibernating for the longest time.
Lambreath is a perfect example of a person that needs to get canned, he's shown to be biased with past GSE statements.
FMCC

ask for the Moon, accept what they have stolen.

Can you refresh my memory- how much money would the gses make if they win this libor case.
Thanks
Fmcc

Hot Docket. Now at #4321.

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262



Ron

Seven More Documents Filed from My Post

4314 is the current last at this point.

4307 at my previous post.



Ron

About 28 LIBOR Documents Filled Today.

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262

FNMA is in the filings.



Ron

https://x.com/usnavycmdr/status/1860079160879947776?t=8yOcgBkzr5etoK_pi9K0Sw&s=19

T has not signed transition docs, you know why

T team can load boat until he signs transition documents. He is not getting briefing, staff & space for transition team until he signs documents.

I'm in the same boat Queenvic. Banned from FNMA (don't really know why, I never did much than sarcasm) FMCC (1 post zero emojis lol) It's like we have a kindergarten teacher with control issues running the sanitorium when you look at what's BEING posted. There's a handful of Anti-47's on FNMA and they are never persued and hunted like I was. I think they are part of why folks like us were steamrolled...BS

At least that dirtbag wizeazz is gone, he was able to get everyone suspended.
It's too bad that the poo emoji doesn't exist, there are still some gse pref lying losers that deserve that badge of honor.
FMCC

I'm still STUCK, and can't sticky anything under the 👀of ADVFN gestapo
... definitely plan to tear off this shyt 'band-aid' one post per day, and my no-emojis-allowed to be reactivated.
Oh, better yet-lets ALL protest to ADVFN. Gimme a few days, and I'll see what can be done.

https://www.themortgagenote.org/gses-may-be-taken-out-of-conservatorship-under-trump-administration/

Gas bag said Haggerty

Has gas bag ever been right? lol

I sure hope he is on this one

I doubt djt hires the leading poling candidate due to you know- lol

Go FnF

I own both gse’s

Other one stuck in Yuma again

Was hoping for higher base before new administration in January

What catalysts can we get besides new Fhfa and treasury persons?

I doubt much will be said until the new administration begins.

So we need a double double on both heads above to move share prices further north

Will we get both picks before thanksgiving?

Go FnF

HI Ron,
Glad to have you back on the boards, as well as not having that deadbeat wizeazz deleting everything and putting everyone on 1 post a day.

BTW' have you sent any recent emails to Hamish about how long he's willing to wait for Lambroast to provide any info about the 8-0 jury verdict.

He's a perfect example of judicial uselessness.

Thanks in advance

Nope I bought some more CHEAPIES.

Did you sell this morning?

I did not sell and I am tired of defending FMCC everytime stock price dropped bc someone here sold and made money.

I hope y'all had a chance to reload!
GLTA

Release the docs, American people deserve the truth!

jim cramer does not know anything about FMCC but does have a mouth which many people still listen to, and you know that is the way people are. It is called herd mentality. Jim cramer is just a hired liar to manipulate stock price. No one should be listening to him for stock advice

Sorry but does the dumbass laidon article mention about how much the gov paid for the 79.99% warrants...NOPE
If you dig a little past the obvious screw job, the gov paid peanuts on the dollar.

The problem is dumbass imagines that the gov can screw the gses even more, gov can't take advantage of this. It,s not eh gov job to screw comapnies even more.
The warrants were issued as a guaranteee if the gses weren't able to pay back their bailout loan. And guess what, the GSEs have overpaid...

Come on, laidon, get your fingers out of your crapola and post something honest for a change.

BTW, we're also in 2024 and those wonderful numbers have changed as well as the results of many other lawsuits that will affect this screwjob,

In the meantime, that dumbass donald can go fack a duck.

FMCC

Cramer Effect ! The guy is no good!

STICKY IT!!! That is older, but can't remember if I've read it before? it's a good one to keep in the board history documentation for sure. It would have been a great thing to read to the jury in Lamberth's court waaaay back, lol. I think he's trying to beat Sweeny at their "kick the can" competition??? 47 is in but not seated until Jan 6, is Lamberth really holding out until after then? Could be...Maybe he see's the next incoming administration as being far better to end this fiasco and intends to help by some sort of beneficial ruling??? you never know

Send this to guido and navy to post on x to new administration

Nice find

Thx again

Cramer getting ready to smoke NVDA

https://x.com/kshaughnessy2/status/1859071421474832448?s=61

Where is Josh Rosner these days ?

https://ritholtz.com/2016/05/former-white-house-officials-involved-in-gse-scandal/

Pulled from Twitter

To actually fully wrap up and conclude the rescue of the two GSEs, Treasury will then need to sell its shares to the public marketplace. (This is called a “secondary” offering, as it is one shareholder selling to others; it does not directly impact the actual balance sheet of the issuer of the shares.) As described above, the size of the positions to be sold by Treasury are so huge versus even the largest IPO ever done that this will not take place overnight. A reasonable minimum estimate, which is highly dependent upon equity market and mortgage market conditions at the time, is at least three years - but potentially much longer
https://furmancenter.org/thestoop/entry/when-will-government-control-of-fannie-mae-and-freddie-mac-end-part-2