Fannie Mae (QB) (FNMAO) Share Price

this is not a place for you to rant and shit, you talk rubbish all the time. nonsense. hope they block you for good than 3 posts a day.

cash value ? to add to a Sovereign Fund ?

IMO - cash value - big money --- versus a non defineable ownership of Senior Equity Paper of a unique sort ---------------- only comes from changing the SR PREFREED to something else - that has a price pers share

Options
1. SR equity is converted to 50B shares of FNMA - making us 4% or so of ownership as GOV creates a hypothetical value of such shares (they would not try and sell all at one time). BUT HERE THE GOV OWNS 96% of so of our company --- but with a PPS so cash value is available

2. SR equity is relinquished -- zero --- as a swap to use Warrants and then we have a 5B share company of which we own 20%

I do not see a different way for the VALUE of GOV holding in FNMA to have a REAL useable cash value

but you have been supporting those who stole it

IMO
The Taking happened
They stole a company - FNMA - worth say 30-60 dollars a share from us without paying us

But right now we have 100% of common stock

So how do warrants impact ?

Exercise of Warrants dilute our ownership - now arguably 100% - as that is the common share % we own

So if Warrant use dilutes us to an ACTUAL 20% the STEAL is greater - we are now JUST a 20% owners of what we were 100% owners -- IMO

But - as you all have heard from me --- iusing the warrants to give themselves 80% of the common stock and say 150-200 B dollars of REAL equity can work for us. IF the 100% elimination of the LP/SP obligation that Treasury claims is part of the swap for the use of warrants - -- then such action - USING the warrants publicly (settling that) and killing the 200B obligation publicly - - leaves us the 20% of a company that has the capital to exit today. (Or enough !! as 200B negative is gone !!). Others have done the math and such 5B share company has a PPS around 20 - 30 and i will take that in one minute all day long

April 26

Could be

My sense is DJT bit off more than he can chew
My sense is DJT will find a way to make an unsolicited offer of cutting things way down

We will see

Meanwhile - I doubt anyone in the $$ side there has time for F and F or will bring it up to DJT

No need to get in a hurry by putting down payments on luxury items, etc. because I sense little to no attention is being given to the three Rs. The government has intentionally ignored shareholders for more than 16 years and it continues to this day; otherwise, the slightest peep would have slipped out and there has been none.
The silence is deafening!

The Warrants were issued by James Lockhart, as opposed to, to James Lockhart. They've bean received by da Gooberment. Just Sayin!

Fannie Mae - Keep The Fight Alive
Fight, Fight, Fight
Fight For What Is Right
Fight to Right the Wrongs Done to Shareholders
Justice - Freedom - Liberty - Honesty - America

I fully agree with you, but unfortunately a lot of things have not happened by the rules.
Still believe the warrants will not be exercised. Warrants are toast.

The Warrants are made to be received by only: James B. Lockhart III
Director and the Warrants are not Transferable

James B Lockhart III is long gone!

The Warrants are made to be received by only: James B. Lockhart III
Director and the Warrants are not Transferable

9 years ago bro... no longer relevant.

[color=red][/color]All you need to know about Warrants. I just found out they are NOT Transferable!!! See Page 7, Item 7 . Enjoy!

https://www.fhfa.gov/sites/default/files/2023-03/fannie-mae-warrant.pdf

This is worth taking time to read if you haven't read it in the past: Enjoy!

https://www.housingwire.com/articles/36770-unsealed-government-documents-may-reveal-truth-about-fannie-freddie-fate/

just do a basic NAMB Google search

National Association of Mortgage Brokers

and READ the letter - Link to the letter is on their X post ...

I don't agree w letter - they are promoting their OWN Business

the GSEs should NOT be used for ANY "SECOND" Homes

if yer wealthy enuf to BUY a SECOND HOME when many Americans can't

afford their "primary" HOME it should be TOTALLY financed on the PRIVATE MKT

NAMB - National Association of Mortgage Brokers has submitted a formal letter to FHFA Director @pulte , responding to the agency's request for policy ideas to enhance the effectiveness of Fannie Mae and Freddie Mac in today’s housing market.https://t.co/nemFaDSTrP— NAMB: Nat’l Assoc of Mortgage Brokers (@NAMBpros) April 22, 2025
Link to the Letter :

https://t.co/nemFaDSTrP

https://www.annaly.com/what-we-do/agency

3 and out.

what does that tell us

Pulte's latest on X ...

I had a good conversation with the CEO of Annaly Capital today! Amongst many other meetings, I also read NAMB’s letter and I appreciate their input! Every day, thanks to President Trump, we are safely and soundly working to lower costs and to restore the American Dream!— Pulte (@pulte) April 25, 2025

Whalen's logic makes no sense.
Explicit guaranty will not happen. Government does not want the debt added to the national debt.
This is why Fannie got sold to the public to get Fannie's debt risk off the US debt.

Whalen da Whale ...

"The good news of sorts is that the GSEs will indeed exit conservatorship
-- if the Trump Administration uses the cash value to support a budget reconciliation.

https://www.theinstitutionalriskanalyst.com/post/budget-reconciliation-fiscal-credibility-gse-release

Hi Semper Fi - it is good to know your expectations regarding RFK and MAHA. You dont seem to understand DJT or the MAGA movement and that is probably why you are such a critic. We will see - RFK may even extend into the JD Vance Admin.

If trump is a " promises made promises kept" guy as so many like to say and post etc...let's remind him until he responds. Or is he not that guy?

Trumps letter to Rand Paul has been posted many many

times to everybody on Trumps staff & Cabinet etc etc etc

Maybe we should start copy/paste trumps letter to Pulte and Trump on X?

It translates to I’m lying my a$$ off.

Garbage at best.

If not brought to him, it may never happen. Seems that falls in Pulte's court. Right now, he is remodeling the FHFA, Fannie Mae and Freddie Mac houses but has failed to address the foundations (shareholders) so maybe those spruced up houses will fall down once remodeled. Wouldn't you think someone from a home building business would know that? Then again, he's just a kid who bought a "job" with a big contribution to DJT.

How long will it take for Trump to sign Executive orders freeing Fannie and Freddie from conservatorship???

Ok so that contest ended on 4/20 Thanks for the links

I'm guessing Ackman won :)

That does not instill confidence for me at all. Quite the opposite but happy to be proved wrong.

But if Jr starts buying common shares that is a whole different story.

If RFK lasts more than 12 months I will be very surprised.

https://robinhood.org/news/robin-hood-launches-pick-a-ticker-competition-to-fuel-poverty-fighting-programs/

https://www.zerohedge.com/markets/bill-ackman-crushing-robin-hood-foundations-stock-picking-contestby-shorting-carl-icahn

Current standings:
https://www.bloomberg.com/graphics/2024-robin-hood-foundation-charity-investor-stock-contest/

"What if the conservator FHFA agrees to allow the Treasury in writing to exercise the warrants ? Is it still a "taking" ?"

OH YEAH!

Well - RFK Jr has 4 years to prove that he is qualified or not. Interestingly another Jr. is getting involved in the markets for MAGA related investments - Omeed was just appointed to the FNMA Board.

Donald Trump Jr. says he brings an instinct for all things MAGA to 1789 Capital, which has big plans to shake up the investing world https://t.co/QqKoJhlJjm— Bloomberg Markets (@markets) March 10, 2025

MAHA works for me but I don't expect much and while I think RFK has the right idea and his heart is in the right place I don't think he is qualified. Throughout history the richer a nation gets the more complacent they are and 1 reason why we are where we are IMO. It took a long time to get to where we are...it will take time and intelligence to get us out. We are sorely lacking that and getting dumber and fatter every year.

This is a pretty bad article - the stock seems to be trading well with this article out. Seems like we should look for news regarding the Reconciliation in the next week or so?

I was a Dem who voted for Obama in 2008 because I thought he would bring us together. I was wrong but feel real good about DJTII and the MAGA and MAHA movement. MAHA is awesome - how could it be that we have been letting our kids eat these food dyes for decades when the rest of the world doesnt. You are right about USG corruption and the only way to solve it is to fire most of the USG employees. Less money in the swamp - the less reason to be corrupt. That is why FNMA and FMCC should be merged to reduce the size of overhead. Too much money - too little transparency corrupts politicians and DC is the bastion of corruption.

1. Ally Financial $52 million settlement on a $6 billion suit
2. Bank of America $16.65 billion settlement on a $57.45 billion suit
3. Barclays Bank PLC $280 million settlement on a $4.9 billion suit
4. Citigroup, Inc $7 billion settlement on a $? billion suit
5. Countrywide Financial see Bank of America
6. Credit Suisse $885 million settlement on a $14.1 billion suit
7. Deutsche Bank $1.92 billion settlement on a $14.2 billion suit
8. First Horizon National $110 million settlement on a $883 million suit
9. General Electric $550 million check payable to FnF settlement on a $550 million suit
10. Goldman Sachs $3.15 billion settlement on a $11.1 billion suit
11. HSBC North America Holdings, Inc. $550 million settlement on a $6.2 billion suit
12. JPMorgan Chase & Co. $4 billion settlement on $33 billion suit
13. Merrill Lynch see B of America
14. Morgan Stanley ? Suit was for $11.58 billion
15. Nomura Holding $839 million settlement on a $2 billion suit
16. The Royal Bank of Scotland $5.5 billion settlement on a $30.4 billion suit
17. Société Générale $122 million settlement on a $1.3 billion suit



WHAT WAS SO EGREGIOUS ABOUT THESE SETTLEMENTS WAS THAT THE AMOUNTS FOR WHICH SUED REPRESENTED BAD MORTGAGES - ALL OF THEM BAD MORTGAGES SO IN SETTLING, THE TBTFs STUCK THE GSEs FOR THE DIFFERENCE BETWEEN SETTLEMENT AMOUNTS AND THE INITIAL AMOUNTS FOR WHICH SUED. WHAT SHOULD HAVE HAPPENED WAS ALL THE TBTFs PAID BACK THE FULL VALUE OF THE BAD PAPER PLUS A SUBSTANTIAL PENALTY. IN THE REAL WORLD,THE TBTFs WON THE WAR!

Hunky dory with the public? Are you part of the public? am I? Is everyone here? yes and it was far from hunky dory for many who were paying attention but the fact is most people don't unless it affects them directly. The Executive branch has been breaking laws for decades. You can start with nixon if you don't want to go back any farther. Again this taking sides only divides us and that is by design.

Recent history: menendez 11 year sentence ...Santos 7 year sentence ...they ALL do it!

Hi Semper Fi I owned FMCC and FNMA prior to the Conservatorship. FMCC closed at $ 5.10 and FNMA closed at $7.04 on Friday Sept 5 which was the last trading day before the announcement of the Conservatorship on Sept 7th. I was hoping for a Citicorp type of deal and though the stocks would trade back into the $ 20s on the deal. I was also long a little of FNMAT that I bought for $ 25 on the IPO in May 2008 - I was really surprised that they did not subordinate the JPS like they did for the senior debt because so many small banks held the JPS as part of core capital. It is hard for me to see how a lawsuit can bring damages but Rodney thinks they can. I was fine with the warrants but expected the JPS to be PAR again in 5 years of so based off of cash flow and realized losses - especially at FMCC.

Does anyone know when the " bet" is over with AcKman and is billionaire friends where he picked FNMA to be doing the best by a certain date? May? June? I would expect some input from him as that date gets closer.

You have obviously followed this saga longer than I.
Logically, the Lambert ruling causes me to think that
(per Whalen's writing) the govt attempting to cram down
the SPs would result in additional lawsuits. Possibly delaying
release until after the warrants expire. Additionally, destroying
the common share price destroys the value of the warrants.
Am I missing something?

Either Liquidate to get liquidation preference or relist to exercise warrant cannot be both. It is apparently a greedy mind out there ignoring laws for good faith and fair dealing.💤

I just call em as I see em but my post was deleted regardless and I guess it was too political in nature. Oh well...freedom of speech doesn't apply here and that's also fair as it's their site and they make the rules.

Yes the goal is free the Twins fairly but after waiting almost 17 years now I don't expect fair but I do expect to make some decent money.

Well no ones stopping you from trying but there have been a lot of lawsuits already all the way up to SCOTUS and more still ongoing now. And to what result? If it wasn't for Ackman we would still be under 2 bucks today but it wasn't because of his lawsuit. It's because he thinks he can make a deal with the Govt to release them and allowing the Govt to steal from us but the PPS would be 30 to 40 bucks so to everyone who bought after the steal thats a great deal...kinda...but what about all the people that bought before the steal? They would still be under water.

Whalen gets destroyed for his GSE posts on X all the time

if you read the comments

He's lost all credibility

rather then waiting for the death pill why don't we fight for the survival. what if they do consider the conversions as warren mentioned?

Difference between AIG and FNMA: 1) AIG was unable to pay gov bail out debt (45 B) vs FNMA paid off all bail out debt (168 B) and addition 30 B. 2) In AIG, gov excersized guarranty to recover Gov money. That was not the case of FNMA; exercizing guarranty is not required in FNMA because debt has been paid off. 3) AIG was not profitable at begining of privatization vs. FNMA makes hugh profit several years.

Thank you for the very measured and reasonable response. Now this I can completely agree with as I can with our mutual desire for FNMA to be released and go to the moon!

lawsuits just delay the entire process at this point and trying to get a bunch of posters to do something together is about as likely as herding cats.

instead of waning here or replying to pulte's tweets, we should consider hiring a lawyer representing all shareholders and writing more official letter to him and treasury about what happened, what been paid and our positions, before they make any bad moves and when that happens it would be too late.