Fannie Mae (QB) (FNMAG) Share Price

We owners of F and F have seen GOV - be it POTUS or Legislative or Judicial mess up --- big time STARTING WITH AN ILLEGAL GRAB AND FALSE PROPAGANDA ABOUT LOSING MONEY LEFT AND RIGHT

so we have experience with people like PAULSON

the power of the purse sits with Congress ---- even if they are not doing there job

Quiet
The noise is supposed to hide that the rich get richer and .........

Nothing has had the economic focus on the kitchen table finances that got him elected (Yes - he also said he would deport and .....)

The constitution specifies three equal GOV branches
Executive Legislative Judicial

Executive has bounds ---- which have been pushed outward by the last 4-5 President's and NOW DJT is testing the limits

Our nation's founders - after suffering under a King - purposefully did not give the POTUS king like power and indeed created a federation of States with powers and the central Gov with powers (As DJT would argue let each state decide on Abortion yes or no - but then he writes an order about who is on what team - trampling on states rights)

(Remember - to convince the independent states to join "an organization - government with central powers over them ---- the founders carefully noted that anything not specified to the central GOV ( Executive Legislative Judicial )-- belongs to the states counties and cities) Republicans for decades screamed states rights and now trample them.

So - NO President can do what they want and the Judicial system is there saying yes and no based on our constitution (District Circuit and if need be SCOTUS)

You likely do not want to throw away the constitution and all that division of powers and authorities a sit has protected us ordinary citizens from living in a royal world again

Good Point
Calabria waved his magic wand and created a crazy reserve level
Agree --- but Mnuchin did not interfere as he could have and said nope too high

my silo information on the web says YES but neither is a Department

To help fix the horrendous ACA online rollout - the WH created a unit with the WH called the

United States Digital Service --- it never had cabinet level ranking and no Department chief

The Trump EO repurposed and renamed this Digital Service Unit

It is called the (full name) - United DOGE Service, with a mandate to defund DEI initiatives, environmental,.. etc

There is no Department and no cabinet Secretary

DODGE is also an effort to boost the sales of DOGECOIN which Musk is heavily invested in

I do not see why MUSK would help us - but who knows

DOGE in HUD's ass, matter of days for DOGE to shake out FHFA
https://www.globest.com/2025/02/13/doge-puts-hud-programs-and-gsa-operations-under-microscope-/?slreturn=2025021403619

Valentine's Day massacre tomorrow or flowers and chocolates for all the longs?

Never argue with a fool, onlookers may not be able to tell the difference

You should probably wait, with your comments, and let this play out. Remember, you pretty much guaranteed an "extremely more intelligent Biden" would win against the TDS ghost in your brain. Humphrey's Executor may be ending. 

Man its crazy arguing with people on here - a lot of opinions but zero knowledge. All they did was ask about procedures...

I WISH someone on here had a grasp on what really goes on https://news.bloombergtax.com/daily-tax-report/musk-aide-visits-irs-queries-on-automation-compliance-efforts

Verifying you complied with a vaccine isnt PII - even children need vaccines to go to school.

Doomsday clock huh? Little dramatic aren't we?

No you don't.

I need to

Ackman needs to push for warrants to get canselled. We already gave the government enough of our money. Now I dont mind giving trump a million shares so that he can sign an executive order releasing Fannie or at least quickly push to get Fannie released, cansel the warrants and get them on the NY exchange as soon as possible.

Ackman give trump a Million shares , Jesus Christ, Ackmannnn !

I hope you check your blood pressure regularly, Stern. lol.

And to clarify federal workers going to work without getting paid is handled by congress they approve of funding not the executive branch....

Jeez for someone that claims to work in the government you don't know basic things..

Argue with the judge - this is sensitive information of anyone receiving money in any form to include government officials so your access is restricted and Trump does not have this authority. I know people that do cyber at the treasury so I am well aware. 

Did I say NO ONE has the authority? I said Trump does not have sole authority. At this try to make accurate debate points.

And I never said it was classified I said sensitive. With that being said Trump does not have the authority to grant Musk access and looks like the injunction agrees with me...

One last thing, Biden absolutely tinkered with PII and even went as far as to have a vaccine database accessible by any administrator. Both had to be abolished because of their blatant disregard for the law, medical privacy, and PII policy violations. I know, because I was one of the employees that refused all their tyrannical garbage, and ended up winning.

Biden had a freaking doomsday countdown clock on DHS computer homepage telling you that you would be fired by XX date for not complying. You are ether lying about your creds, or just delusional beyond all belief.

Considering that #DOGE was given access to the IRS facility today, the injunctions you're referring to must be pretty darn serious!

You have no idea what you are talking about. I also work for the government. PII access can be granted to anyone involved in the payment system with a proper need. It is not classified in anyway. In this case investigation of fraud within the payment system is a valid reason. The idea that no one has the authority to investigate fraud is hilarious. Payroll can even be frozen with zero court action to an individual employee if any fraud is found or suspected. The employee does not even get paid until its resolved. They literally go to work for free, and receive back pay when its resolved, with ZERO interest. Regardless if they were at fault or not.

Watching cnbc has nothing to do with this; we have laws in place to protect citizens no matter who is in office... 

All federal employees, retirees, beneficiaries have laws protecting there data and lucky for us those laws are being enforced whether yiu like it or not...

Would you have liked it if Biden went in there and decided to tinker with huge databases and let his team of merry hackers walk out the door with your PII on their laptop?

Elon broke the law of "Heyyyy....no one was ever supposed to see this stuff!!"

He's providing previously unseen and hidden data at the pleasure of the president and the executive branch. Nothing illegal. Why do you think members of the D party are calling for his removal by assault and with the use of weapons? Because they know the courts can't do it.

he didn't know the game in first term, knows better now. Hope he does allow them to be de-classified, hiding them under national security smells of corruption.

That’s the only thing I disagree with. Hack the waste out and balance the budget. Anything after that feel free to make tax cuts for.

No what he's doing is going towards the tax cuts for the rich and taking away services. Has nothing to do with anything else. They're asking for a $4T National Debt Ceiling increase to handle the $4.5T tax cuts for the rich on things like private jets, etc. None of this is about the middle class or lower.

Hi,
Today USA is under Trump administration. What Elon is doing is an auditing and cost- cutting so that you can pay less taxes. He has executive order and full support of President Trump, so 100% legal.

It's illegal for the Biden administration, which expired on January 20th, 2025.

FNMA closed down 26 cents. One day soon, it will be up $26. Hang in there!

Red the court injunctions I don't have time to explain hiw they work to people and whats involved... I do my reading you do yours.

Trump does not have the authority to grant access to access PII to either musk or that team... 

Read all about it in the court injunctions...

Maybe you'll learn what PII is during your research.... this is what I do for a living.

"I considered the risk before posting but went balls to the wall!!!"

That's alright......if it was your balls. The problem is those balls, whether as big as whale balls or not, are Rick's balls! The officials will have to break out the LGBTQ+/-/doo dah, doo dah handbook to see if there might be an infraction. News at 11.

FHFA supervises and regulates FNMA FMCC so much that it's becoming a burden on two sisters, such as capital requirements, the most important topic of privatization. FHFA now requires 4% capital requirements for two sisters. 

Other issues like complicated administration and bureaucracy... which are slow for decision making and not efficient...

what law was broken? u watching MSNBC again?

Legally, Musk is a special government employee of the Department of Government Efficiency. DOGE is just a renamed version of the previously extant United States Digital Service. President Obama created the USDS within the Executive Office of the President in 2014. He used it to hire outside talent to help improve digital services following the infamously glitchy rollout of Obamacare.

Similarly, Musk and his team are outside talent brought temporarily into the Trump administration. The team is analogous to corporate consultants like those at McKinsey, who go over an institution’s operations exhaustively. Such consultants frequently begin with a data analysis of where corporate payments are going.

https://www.city-journal.org/article/elon-musk-doge-legal-democracy

Let me know
The slides as sent around do not blow us up if freed

risk here
risk there
risk everywhere

yup
and
Ackman has the smart idea of waiving $300B under the nose of DJT
That money comes from the Warrants
Our money - be it 15 20 25 30 or 50 (in a year) comes from wiping out 200B of obligation that sits there on the books of Treasury
I did not put that obligation there --- but TREASURY has always insisted none of that is paid back and adds the LP increase on top

RFK Jr. confirmed. Pulte should be easy. Just need to move forward.

the straw thing tells us

convince DJT that the conservatorship is a WOKE conspiracy and we are free

Are you Catman's agent ?
Because you keep bring him up everyday. Keep that ungrateful idiot away from here !!
This distorted bitch wasted 4 years of our time and never to return !!
I wouldn't even hire him to clean my bathrooms.

What is Humprey's

and if FHFA as an agency is gone

why does that automatically help us on the PPS of our equity?

I did not say Trump Fault

I just wondered why DJT did not release the 11,000 ---- especially if they were damning of his arch enemy BO

That is what I thought I said

exercising warrants and then selling the shares to the market does not take a penny from FNMA reserves

The 300B would be fresh capital from the market

And if that fresh capital from the market FREES us at say $30 a share ------ go for it

Or wait another 16 years of study and paralysis

Thanks for agreeing....for the others who have replied I offer the following.

Essentially, the GSEs would not be operating outside the US. Even when they exit conservatorship they would still be limited to the USA. Functionally, other countries who uses Mortgage Back Securities (MBS) already have their own version of FnF operating. And those countries would prevent a subsidiary of FnF (even if possible) from operating within their borders. Those countries who do not utilize MBSs, would not even have a market to enter. So, there is essentially, zero chance of FnF expanding beyond the USA.

Ultimately, it does not matter the companies cannot operate outside the US. Once released from Conservatorship they will adjust up to their historical price range plus the adjustment for inflation.

The issue is the conservatorship itself. We keep discussing capital requirements for FnF. Those do not require a conservatorship to implement. The banks are managed by capital restrictions without a conservatorship in place. FnF have proven they can continue to operate without failing. No one is questioning the board of directors' ability to operate. No one has called for the board to resign or stop making decisions. The board in place during the housing crisis is gone. I am pretty sure almost every position on the board has rotated out at least once if not twice without issue during "Conservatorship".

So, what is really stopping the two companies from being released? There is no need for a plan. The government can implement regulations without being the conservator and the businesses have proven they can operate within the regulations already passed.

So Urban institue conference today ... so we wait for the hit piece to come out any minute...... somebody im sure said something stupid in this...... somebody watch it for me and let me know....
https://www.urban.org/events/recapitalizing-gses-through-administrative-action-impact-mortgage-rates-and-mbs-market
or

yup

but what might he say ? (who last talked to him?)

the guts of your comment are 100

we are at the mercy of DJT - for good we hope or worse

you are right

but the same Elon tells us the WRONG people on 8 others

he uses an AX and EXAGGERATION from tiny data sets - so small they actually are just stories and not "data" analysis

he looks at 2-3 USAID arrangements and says it is ALL fraud and worse

is there fraud - of course - but he did not identify it broadly - he extrapolated from a few examples (many of which like his 100 Million Dollars for condoms for Gazans was simply bullsheet)

sorry but my information silo - disagrees with your information silo

huh?

I just read the UI slides

I saw none of that bias

Could be Zandi and Parrot (Parrot hates us) wrote something awful

but the slides seem benign on impact on cost to borrow (mortgage and then MBS) of an exit without explicit guarantee

did anyone else read them ?

Seems the level of required capital is super important
The higher it is - the more the cost might go up to cover the cost of that capital
YET - the higher the capital level the more the confidence in MBS paper so the lower the rate

Thank You

Some was very helpful
Some was confusing

I do think the page with utility model was very interesting but without narrative I do not know what they mean

So - summary - without a guaranteed we should see 10 Bips increase

Logical

Yes - Ackman assumes Warrants are exercised and JPS are converted. He also assumes that the UST and Common get diluted by the JPS Conversion as Kthomp pointed out. The risk is that there is more dilution than Ackman assumed - of course you believe the warrants are invalid.