Fannie Mae (QB) (FNMAL) Share Price

Thanks for the post Rick!

Insiders on Trumps team want to release them, is what it said.

Incorrect.

Skimmed through the article quickly. No mention of GSE on both plans. Correct?

Look around and put the two most profitable corporations in a temporary conservatorship and then take $301 billion of their equity. Just following the road map laid out by @FHFA & @USTreasury in their fake bailout of @FannieMae & @FreddieMac .— Guido da Costa Pereira (@GuidoPerei) September 29, 2024

https://www.marketwatch.com/story/what-trump-and-harris-say-theyll-do-to-fix-the-high-cost-of-housing-and-whats-worked-in-the-past-8777afaa?mod=home-page
Privatizing Fannie Mae and Freddie Mac
Trump’s plan: Trump allies reportedly have intentions to end federal government control of Fannie Mae and Freddie Mac, two mortgage-finance giants, if Trump takes office, according to The Wall Street Journal. The Trump campaign noted that Trump himself hasn’t said anything about this idea.

The two government-sponsored enterprises have been under government control since 2008, in the wake of the financial crisis. They purchase and securitize mortgages, both residential and commercial, and sell them on the secondary market.

Has it been done before? Yes, in a way.

Before Fannie Mae and Freddie Mac went into government conservatorship when they were on the brink of bankruptcy during the subprime mortgage crisis, they were publicly traded companies. Fannie Mae and Freddie Mac were listed on the New York Stock Exchange. They now trade over the counter.

Trump tried to privatize these two housing-finance entities in his first term, but the pandemic hit the brakes on that proposal.

Unintended consequences: While some conservative-leaning analysts and politicians argue for the mortgage market to be fully private, “it was the fully private segment of the market, however, that caused millions of foreclosures and brought down the entire financial system,” the Center of American Progress, a liberal D.C.-based think tank, wrote in September 2012.

It added then that withdrawing the government from mortgage finance could also reduce the availability of credit to middle-class borrowers.

The bottom line: One former Trump official said that even if Trump wins, Fannie and Freddie are not going to go private anytime soon, HousingWire reported. While it is doable, it will not happen quickly, he said. WHICH RAT SAID ANYTHING ABOUT THAT...

#fanniegate $fnma $fmcc @usnavycmdr @GuidoPerei @StankoniaCap @TheBurgosGrp @koryzuck @divemate @MurphreeRon

I don't know if this was already shared. Have a good Sunday. https://t.co/KRMKtIrq7I— MIA (@MIA95629998) September 29, 2024

when is the flavor of the day, nobody knows the trouble they have seen. resolve is fleeting behind a den of thieves, morons, and hate, in FHFA, Treasury, and in Congress too. thats my post for the day, I dont want Elon to buy Advfn, he will overpay, libs will leave rich, but we would have free speech. Id rather just take true value from GSE stocks and never look back myself.

I apologize to the board. My posts reflect my sixth grade education. I am in way over my head here and I lost my Pom Poms.

Stink Stack is hardly ever serious about
anything he/she says

$6 by the time we succeed with faster than light space travel!

Maybe, that will happen.
I think October will be a good month.
It is getting more obvious that Trump will win.
Zelenski meeting with Trump is a tell-tale.

How about 10 dollars by Deer hunting season? Starts Nov 1st in this part of the country. ;)

I do not care which season, just give me 10 dollars.

10 dollars by Huckleberry season. ;)

Many still don't get it!! This not the same Fannie as before!! 2008 changed everything!! Much better management and financial numbers!! Shouldn't be trading anywhere near here!! Don't be on the outside when the boom happens!!

Bill Ackman has also disclosed a 10% ownership of Fannie Mae $FNMA. That number will increase upon acceptance to NYSE.

Currently over 100 million shares + https://t.co/ZBgYgHQVHd— Nico (@nicosintichakis) September 28, 2024

Fannie Mae - All The Way
Freddie Mac - Load Up and Don't Look Back
You know it, I know it, the Whole World knows it, HawkEye Buffett
knows it...Fannie and Freddie ready to Launch very soon...Load Up

Oh wow. $5 by blueberry season.

"I'm not too worried about a reverse split, as you still have the same value regardless of the number of shares. It doesn't matter if you have 1,000 shares at $1.20 or 10 shares at $120."

Your 1:100 RS example is a little extreme, wouldn't you say? Be that as it may, there is a $2 rise in share price, for whatever reason. Which would you rather have, $2000 or $20? A simple end to conservatorship and relisting on a big exchange would see share price quickly zoom to double or triple digits simply based on current performance.

why is November so key?
We do not have two NEW candidates

DJT was POTUS for four years already and after a blip bump it sunk

stolen ??
seriously --- ??
are you not a believer in a free market system?
those with money can buy and buy ---- why is that wrong - why is that stealing ??? they pay good legitimate legal tender

or do you want the GOV to step in -- socialism --- or to some of us on the center left - normal logical GOV incentives and regulation to HELP capitalism not gobble up 90% of the population ? Some wise GOV role inside a capitalist system is the answer ---- but too many call that socialism and the deep state

and the part about 3MM new homes via tax credits and working with cities states and private sector ?

that is the added supply

the $25,000 is the level the playing field and will increase demand --- but remember Republicans tell us everyone is equal and thus this program will not add to demand

Never filing it keeps his dreams alive.

Oh wow. Diddy will slap us. He will slap us good. Why not. He slaps everything else LOL. We need a good slapping. That’s fur sure.

Yeup

Dr. Bendover has been at work for decades with the gse’s

Lmao

You're starting to come around!!

Turn the other cheek and say again please!

The defendants did not have to file a motion to overturn. They could have waited until Lamberth's case was closed and then file an appeal.
Again, they are buying time. Billable hours may have something to do with that.

What is the difference between appeal vs overturn the jury verdict ?

I am not a legal scholar, but this is my understanding.
An appeal has to be done in an appellate court.
So, Lamberth's case has to be closed before an appeal can be filed.
Whatever Lamberth's ruling is, either party has the right to appeal in an appellate court.

So, look at what is happening. The parties wasted a good 4 months after the verdict to figure out the interest rate and payment schedule.
That work is all wasted, because the payment schedule expired in January. Now waiting for a motion to overturn.
In my opinion the parties are giving the government more time to resolve this issue. So, nobody has to rule.

One hold-up is that no one is willing to take further steps to "force," Lamberth to certify this 8-0 Jury Verdict. What steps? Petition a Higher Court for an Extraordinary Writ (of Mandamus)
that orders Lamberth to Certify the Verdict and distribute our Award.
What are extraordinary writs?
A rare order issued by a higher court to grant relief not otherwise available, such as by reviewing an otherwise unappealable order, or by commanding a lower tribunal or official to take a certain action or to stop from taking a certain action.

Oh wow. Looking forward to my winnings in November.

What is the difference between appeal vs overturn the jury verdict ?

I agree this motion should be done and over with.
Lamberth should rule and be done with it.
So, what is the hold-up?

Not this one

Duh

lol

Correct it is a motion that was poorly worded on my part. Just seems like this portion should be done and over so we can move on to the actual appeals.

Noname, what you meant to say is they are regulatory requirements promulgated by Catman as required by statute. The Capital rule can be repealed, and or revised.

No, I meant exactly what I said. There is a minimum capital level as required by federal law. Only an act of Congress w/a President's signature can change that.

Maybe it's time for you to quit worrying about me and file your lawsuit.....that you will never file.

This last motion was not an appeal. It was a motion to overturn the jury verdict.
It is more than 2 months. So, what is the hold-up?
After Lamberth's ruling there is still an appeal possible.

According to Hume the appeal process takes two years.

The Fed has already suggested the capital requirements need to come down for banks on the mortgage portion of the tier ... the capital requirements will come down for the twins ... the bigger question is what party will be in control when this happens ...

It is almost October. Lamberth has had 2 months to review the appeal… how is he still sitting on this decision?? The defenses case rests almost entirely on Lamberth admitting he was incompetent during the trial. Should be fairly easy to throw this appeal out no?

Ah crap.

Noname, what you meant to say is they are regulatory requirements promulgated by Catman as required by statute. The Capital rule can be repealed, and or revised.

🥱

Don't mind me, I'm sure you've got more sunshine to pump.

Oh wow. Looks like another two cents will be gone down the crapper.

Crappy day.

We do the best when they announce something!! Then a few silent runs after!!

Oh wow. Every time we start to go up the manipulators whack us down with numerous duplicate triplicate trades.

Tapped out but we will be running soon!!

Oh wow thanks. Finally just printed $1.23 and about to turn green. Keep slapping.