Fannie Mae (QB) (FNMAI) News

You give your own post a thumbs up? That is so lame LOL

$2000 a share at least! Maybe even $20,000

I'm not short. Have never been short FNMA. If anything would be a buyer if hit $5. Don't care if all the pompoms hold, buy more or sell. What I don't like to see are innocent people getting sucked in by a bunch of myopic pimps who have no clue how to properly express true risk-reward and resort to childish accusations and comebacks when faced with thoughtful balanced posts.

You want Fannie/Freddie POM-POM???
We's Goin' To The Moon
We's Goin' To The Moon
Hi-Ho The Merry-O
We's Goin' To The Moon

Right pompom girl...I'm the boogeyman, short, market maker, newbie, fake. Anyone who comes back at logic and reason with stupidity is either mindless or afraid of the truth so which is it?

I didn't know what a shill was, then looked it up:
an accomplice of a hawker, gambler, or swindler who acts as an enthusiastic customer to entice or encourage others.

Yeah ok shill, you’re wasting your time here, no one on this board is going to sell because a fake account less than 2 months old is giving advice on a stock you know nothing about. I can tell that it is 100% guaranteed 47 will release FnF and be the one who finely ended the 2008 financial crisis. Now, ??😎

Oh wow.  I am thinking of sending my representative a quick note for my desire to help us shareholders.  I will write "release the GSEs" on the back of a twenty dollar bill and mail it off.  Simple and to the point.  Sometimes I think I am a genius.

My point to people on this post. There is a 100% chance that there is a greater than 0% chance that GSEs don't exit under Trump. The pompom brigade doesn't care about you or your money. They only want to suck you in to gain instant gratification and help their own wallets. Please all do yourselves a favor and be a bit more systematic in how you think about risk and weighted outcomes. I think the weighted likelihood IS a higher share price than today, but the chances at $200+ is very small imo.

I remind them that SCOTUS told them to stop taking all the money in 2018, I remind them that the Kessler Lawsuit was awarded in August of 2023 and we still have not seen a dime, I remind them that Obama used national security to hide 11,000 documents about the takeover of The twins. I remind them that we have a constitution that protects our property rights.

But did you remind them that we slipped a white envelope under their door? That's the kind of reminding that is going to get us released.

Nats

Get well soon, Samantha

My very basic risk-reward framework

A. No exit = 30%
Stock $1

B. Srs conv and warrants exercised = 40%
Stock $7-9

C. Srs canceled warrants exercised, new shares issued = 20%
Stock $20

D. Srs and warrants canceled Stock issued = 7%
Stock $30-40

E. Srs and warrants canceled and no new Stock 3%
Stock $225

Under any exit scenario assume jrs are converted.

Taking the above I get to around $15/shares weighted average, with my time-frame being 2+ years until all played out under exit scenario.

Anyone want to weigh in on the chances that we have any outcome during the Trump administration other than exit from conservatorship?

Snowballs chance - the GSEs are as good as out.
But whether the stockholders are in or out is the issue.

Nats

Get a life loser!

It seems like everyone on the board now is long
and hoping for higher - so much so that i'm
a-wonderin where are the Bash for Cash people?
It kinda Skeeers Me - in fact it REALLY SKEEERS ME,
I think we all outta be Skeeered about hardly any
Bash for Cash people around...WHY?

I've been waiting for the fair, logical, pragmatic government for a very very long time

Me too - since like King George II.

Nats

Try https://doge.gov/

So take your % of no exit under Trump and multiply that by $1. % Exit with srs and warrants exercised x $7-9. % no srs but warrants exercised x $40 (if issue shares in re-ipo closer to $20). % chance of exit with non srs or warrants x $220. Build your risk reward framework appropriately and stop listening to pompom girls.

They can’t delay, we only need one to not delay and that’s 47.

It's 100% up to trump now IMO. So we shall see...

I give it 50-50. We got some big boys on our side. The other side has all the rest of Wall Street. It won't be a fair fight, and I have no certainty at all that we will win. It takes positive action for us to win. All they have to do is delay, delay, delay.

Anyone want to weigh in on the chances that we have any outcome during the Trump administration other than exit from conservatorship? My number is 30%.

Shorties look like they are smart, but in fact they are average Joes.
1, The government likes control. It's normal, otherwise they lose power!

2, Government wants your money, that's Joe Biden who increased taxes.

Wake up, Harris was defeated in the election.

Viking61
I've been waiting for the fair, logical, pragmatic government for a very very long time. Two things govt likes is control and YOUR money.

Ever get a response? or is it the usual Taxation without Representation.

I write to the White House, both my senators(however I live in Oregon), and the Attorney General 1 to 3 times a week.
I always write similar things discussing how they stole the companies to save the TBTF banks, I ask where the lawsuit money went that we won from all the companies, I remind them that SCOTUS told them to stop taking all the money in 2018, I remind them that the Kessler Lawsuit was awarded in August of 2023 and we still have not seen a dime, I remind them that Obama used national security to hide 11,000 documents about the takeover of The twins. I remind them that we have a constitution that protects our property rights.

I write to the White House, both my senators(however I live in Oregon), and the Attorney General 1 to 3 times a week.
I always write similar things discussing how they stole the companies to save the TBTF banks, I ask where the lawsuit money went that we won from all the companies, I remind them that SCOTUS told them to stop taking all the money in 2018, I remind them that the Kessler Lawsuit was awarded in August of 2023 and we still have not seen a dime, I remind them that Obama used national security to hide 11,000 documents about the takeover of The twins.

And if the Government decided not to, they would be $300 per share! The logical thing is somewhere in the middle. $36 to $48 per share. GLTA!!!

Yawnnnn

My response to my representative:
https://x.com/GuidoPerei/status/1896278725295288754

Appreciate the responses to my question concerning Fed public lands. I continue to hope for the best but I don't expect a lot. Too many promises made in my lifetime to trust any Govt anytime. Low expectations mean less disappointment. Even if someone wants to make big changes the forces against are strong. Many have gotten rich for so long in the current system that they will fight to the end to keep the status quo. Take zandi and the PMI for example. On a related note..what ever happens to Dick Bove? He used to chime in all the time. Is he still kicking? Is he unwell? Forget it, I just found it...he retired last June.

I agree it has sucked waiting but every once in awhile I think about the fact that if they did not do it no way would I have this chance of a lifetime to get a lot richer on basically zero money. My avg cost ended up being around a buck fifty a share and with one simple trade back in 2013 my effective buy in is now zero. Sold all my shares and used the profits to buy back all that I own now. It helps me a little but as Tom Petty said..." The waiting is the hardest part " and at this juncture the waiting gets harder because we can taste it.

Anger and Rebellion
visit - www.cogwriter.com - see link same as above title.

As a shareholder, I’ve really had it that I have had to suffer so much pain and financial hardship since Fannie and Freddie were put under conservatorship. In print, we were told it was to be temporary but we’re now going on 17 years under this CORRUPTION. I’m sure many shareholders agree that CORRUPTION thrives in the administration of Fannie and Freddie.

The only reason we need more housing is
to make sure all the people that come to
America from other countries to take advantage
of Americans by scams, theft, and lying, have a
place to stay while they're up to their no-good
cheating ways...getting rid of those maleficents
would leave us with a surplus of homes - and,
according to the rules of supply and demand,
home prices would go down - so basic

There is the Truth and everything away from it,

Space to earth .. i see some confusion.

Despite Newsom (not a fan) being blamed for the forest management in California, 57% of it is owned by the Feds. 3% is owned by state and local authorities, balance by private companies and individuals.

Based on above, California could be one of the states.

A lot of housing could be built on land owned by the US Postal Service. The UPS has an extensive real estate portfolio that needs to be rationalized - new condo buildings could be built leaving the first floor for the UPS all around the country. Other real estate could be sold outright or used for long term leases - some of the best locations and some of the most underutilized locations all across the USA.

GSE stories are becoming few and far between, and even when they are published, one can't help but wonder for whose benefit are stories being published..
skeery

I have to wonder where all these homes on Federal land are going to be built?

Could turn the area inside the Beltway into a retirement community since there will be be no jobs. No one has ever put it into productive use anyway.

Nats

Those of us who have been here since the beginning know it's all of them to blame. Hashed and rehashed a 1000x

I have to wonder where all these homes on Federal land are going to be built? Alaska? not likely that will be for drilling and few want to live in sub zero etc...AZ? already overbuilt and don't have enough water now. I am honestly curious and if anyone knows could they share it? IMO the Fed land will be stripped and sold for its parts IE: oil, minerals, lumber etc...we shall see.

yes
a commission on what caused the 2008 "collapse" was started in 2010. it had 6 Dem appointees and 4 Republican appointees

the final report was issued in 2011

prior to that important document there was a draft report ---- 6D supported it and 4R said wrong. That draft put near zero blame on GSEs and 90% on TBTF banks and bad mortgages - cheating - etc.

Over three months of redrafting - the final report which put say 80% on TBTF banks and that crazy fixed income storm was approved by 9 of the members - 6D and 3R. One R appointee - R Wallison (mentioned in IH many times years ago) kept pointing the finger at GSE --- 90% their fault. !!!! (He just about faulted the GSEs if his soup was cold)

Eventually 8 of the 9 said ----- report is ready - Wallison you are wrong - we have 8 of 9 supporting the report - and the cause was GREED on Wall Street - lies and TBTF banks ---- (and a smidge of F and F - almost for not seeing the other folks mess) . Remember F AND F won a ton of lawsuit cases against the TBTF banks and such for their lying and cheating.

Keep this in mind when you think R are the ones who love F and F

https://247wallst.com/banking-finance-and-taxes/2020/05/28/fannie-mae-might-become-a-dividend-payer-again/

Probably? come on . They will jump and with Canada now looking to EU and Asia to sell its heavy Oil too well that's gonna sting also. I just hope they release us and I can cash out before this all turns to shite.

That would be very helpful.

I am kind of stunned with the turnaround at the Post. Maybe its the new wife. I never did get an invite to the wedding - must have been an oversight!

I was going to put in a good word for us at the reception. I had gotten out my Engelbert Humperdinck (I get extra credit if I spelled his name right)
"Release Me" record and was going to have the DJ play it over and over again until Jeff gave in and agreed to only print pro release editorials. But I am sure he rented the NSO who are, of course, based at the newly renamed Kennedy Center (now named for RFK, Jr. - bet you did not know that). So I probably never would have gotten the opportunity.

DC Grannie had bought a dress - she spent about 300°A. It was one of those low cut ones as that appears to be some kind of a rule in order to be allowed within a radius of 2 miles of Bezos. Normally, she would be been able to return it, but all the Department stores in the DC area have now gone out of business (or closed due to an EO?) as the Federal Government is now composed of 2 GS-5s and an untrained dog. They had money to train the dog - but the training was to be paid by Government credit card and they were all shut off (no joke) last night. Any Government travel, going forward, will be done by hitch hiking only (unless you are an illegal alien - then its first class all the way! - one way).

I am not to disappointed in that I figure to catch him next year when he gets married again.

Nats

AI Overview

Fannie Mae (FNMA) and Freddie Mac (FMAC) are expected to resume quarterly dividend payments on their senior preferred stock when they reach their regulatory minimum capital. 

Explanation

The GSEs (Fannie Mae and Freddie Mac) issued senior preferred stock to the U.S. Treasury in exchange for capital injections. 

The GSEs are required to pay dividends on the preferred stock quarterly. 

The GSEs are also required to pay all of their net profits to the U.S. Treasury as a dividend on its preferred shares. 

The GSEs are not allowed to emerge from conservatorship without paying the liquidation preference in full. 

The GSEs will resume quarterly dividend payments when they reach their regulatory minimum capital. 

The Treasury and FHFA have executed letter agreements that allow the GSEs to retain capital up to their regulatory minimums. The agreements also replace the variable dividend with alternative compensation.

wait
As a left leaning capitalist and one who bought a few thousand dollars of retail Structure Products and personally lost a thousand or so on a few Lehmann Structured Products backed by Lehman senior debt -- (got back 70 cents on dollar) ----- I read this article as a warning that the BANKS - TBTF banks (who know they can be capitalist when making money but socialist - bailed out - when losing money) are at it again This points to Wall Street GREED and TBTF bank GREED as bad and worse

1. Those who understand this massive crazy finance world - know it was a major - major reason for the 2008 crisis (especially Collateralized Debt Obligations as the key reason for AIG death (along with 10 or more crazy "esoteric mortgages sold to Americans) . I read this article as saying LOOK over there -- look at this crazy shit - not at F and F

2. This article would IMO be an argument for the GSEs ----- not against them. Dems if watching - need to read this and not focus on the GSEs (other than to negotiate for FREEDOM together with Treasury back up

https://x.com/SnagsLewis1978/status/1896039611778154509/photo/1