Federal National Mortgage Association (PK) (FNMFO) Share Price

CLARK

Thank you - seems he "missed all that"

yet - I do wonder if that is one on top of the other

or

GOV uses its 4B shares to raise 206B dollars to then pay off the 190 - so 300B received already from F and F become a massive 10% ROI ---- since the total the GOV got was the 300B sent to them and this 200B

Note - if GOV thinks 4B shares are worth 200B --- then they are thinking that F and F with 5B shares (our 1B and their 4B) is worth $50 a share ??

Any and ALL talk about FHFA is a HUGE MONSTROUS Red Herring

We need 190B dollars declared paid off -- and not worry 1 bit - not one second about the meaningless FHFA

I did not follow all of the math but this scenario sees F and F paying 171B (same page you stopped on) towards a $190B obligation

So if F and F have to pay 190B !!! ---- how do they have enough reserves without dilution ?? they just used up 170B towards th 190

again I want the GOV to forgive the 190 B -- to call it paid off

but how does F and F have enough reserves/capital if they assume F and F pay out 190B to GOV

(and no new stock? - can not be )

Best to keep the housing supply tight. If you cannot afford to buy, rent. If you cannot afford to rent leave the country.

Last, do no scar federal land with cheap developments

$4 by Friday.

Unless it gets you life at Shawangunk. Or even worse, dump your Ps before 2024 - when they went up 400%? Bad dog!!

Nats

How Trump Can Ease the Housing Crisis

His five-step plan should include auctioning off federal land,

deporting illegal immigrants and rolling back regulations.

By Edward Pinto - Dec. 19, 2024 5:45 pm ET



President-elect Trump has the opportunity to provide our children and grandchildren
he same homeownership opportunities as earlier generations. He can do it without
the massive subsidies, home-price inflation and market inefficiencies that Kamala
Harris’s housing plan would have required. Mr. Trump should consider five steps to
make homeownership great again.

First, he should direct his interior secretary to have the Bureau of Land Management
auction off land suitable for residential development. Land sales totaling 828 square
miles would be enough to build about 4.2 million new homes over 10 years. This
constitutes 0.3% of the BLM’s 269,000 square miles in 10 states: Arizona, California,
Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah and Wyoming.

A boy should always listen to his dog 🐕
Maybe he did this because he was still listening to his dog? Did you ever think of that?

Nats

Donkey

Thanks for providing no gse comprehensible math equation. Even your calculator can’t provide lies.
Fnma

You need to change the pronoun to ´Î’.
Fnma

Berkowitz dumped 95% of his JPS

Maybe he did this because he was still listening to his dog? Did you ever think of that?

Nats

Hurry and file that lawsuit before commons hit a nickel in share price.

Agree. I can live with the 10% interest (or dividend as some prefer to call it) per the original contract. But, the NWS in 2012 is clearly a case of illegal taking of private property.

Just as an example. In the next crisis, UST can request all TBTF to mark to the market all their assets. I guarantee that most of them will need some bailout. Just in case they fail one interest payment, UST steps in and change the bailout terms to the modern time slavery term of "give me all your have quarterly and forever". Ever since the NWS, it will mean that you can never reclaim yourself.

In the case of Fannie and Freddie, UST and FHFA changed the terms to Net Worth Sweep in 2012. Later in the same year, the GSEs paid UST almost $200B per the NWS. Remember, total bailout balance (or Liquidity Preference as some prefer to call it) was $191B. 10% interest was $19.1B. The GSEs paid UST $141B (if I remember correctly) in excess. Can we call that an coincidence or a highway robbery ? That $141B in 2012 should be now $300B per the same 10% interest rate charged to the GSEs per the SPSPA. What a shame to USG ! Is it time now to rectify this ?

Hi Kt.

Dishonest because you are uninformed or ignorant, whichever applies. You and your buddy need to go file your lawsuits and learn the hard way.

Waterstone did a massive naked short before the seizure and before Reg Sho. Most of the Valuewalk article links covering the short in detail have been scrubbed. I recall the implication is they're short more shares than are issued. Many heavy shorts occurred post seizure too assuming FnF would be unwound.

https://www.valuewalk.com/waterstone-fannie-mae-freddie-mac/
Other blasts from the past coz it's the weekend:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=94124978&txt2find=Valuewalk

https://www.valuewalk.com/fairholme-responds-treasury-motion-fannie-mae-freddie-mac/

https://www.valuewalk.com/fannie-mae-freddie-mac-500-price-appreciation-bove/

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=91591618



So my opinion is there are to many naked shorts from the big fall to be covered without driving the SP to triple digits similarly to Gamestop. On the first run to $5 Waterstone was only able to cover 1% of its GSE short position which pulled their whole fund down to -12% Since the likes of Ackman bought massive long positions while shorts were holding for a non event, I'd say it's impossible for these big shorts to cover without burying themselves alive.

Prevaricating for $ like Rachael Maddow but for chump change.

Berkowitz dumped 95% of his JPS Latest report shows one time largest preferred Fannie Mae / Freddie Mac shareholder Bruce Berkowitz of Fairholme Funds now only holds 500k shares of the GSEs down from about 10 million shares years prior.

Bad sign for preferred shareholders imo
Sorry 😞 Bradford

Very dishonest post Kt. You know perfectly well that FHFA wears two hats. One as regulator, and one as Conservator. Rodney is correct. And you are wrong on purpose because you have a motive to obfuscate and decieve for some reason. The Statute that Rodney quotes applys strictly to FHFA as Regulator of the GSEs. That Statute says that the FHFA director must give himself (the FHFA director acting as conservator) permission to make a capital distribution when undercapitalized. And only for the purposes enumerated in the Statute. Ie the list of options in Rodneys post. Further, Congress in the  Charter Act requires this permission from the Director of FHFA acting as regulator, (not the Directors signature acting as Conservator in the SPSPA) to be in writing prior to each capital distribution. Neither Collins or the Supreme Court entertained any action of the FHFA as regulator. Stop conflating HERA Conservator Powers granted FHFA that have been fully adjudicated with the actions of the FHFA regulator that are covered by the APA that I will attempt to bring suit. In my opinion and hope to prove, every time a capital distribution is paid to Treasury under the SPSPA terms, at least 3 federal statutes are broken: Safety and Soundness Act, Charter Act, and APA. 

Naked shorts are never reconciled unless there's a symbol change.

Wrong jpeg, my bad.

Are accounting for the Naked Shorts as well?

50% of short volume that’s a good sign of NO release (shortly)

It's like the "Free Beer Tomorrow" sign at the bar

$FMCC~ $FNMA~

What can be unburdened by what has been!

Calling all whales ASAP.



Stop posting stuff from the idiot Catman, your job is to sound the whales horn loudly !!

Release date 2040!
Half this board would've passed away by then 😁

Give me an F
Give me an N
Give me an M
Give me an A



Stop posting stuff from the idiot Catman, your job is to sound the whales horn loudly !!

Why do you bother to post articles 2008, does NOT make sense, especially the "Bad Guys" involved are no longer in the picture.

Appropriate capital and unencumbered by limitations imposed by "bad guys?"
Not in God's lifetime.

Gooberment gobbledy gook's a great read when you're suffering insomnia. Thanks fer dat! 😜

Yep, it's always just a few years away. Been that way since 2014. Oh, but this time is different. Really.

Instead of releasing GSEs from 2027 to 2029 in CBO’s report, with DOGE and efficiency in place, releasing of GSEs will start from 2025 to 2027.

Big Inauguration Day Fannie and Freddie Shareholders' Support Rally
On White House Lawn - 10AM - Jan. 20, 2025
Bring your Signs and Songs
start without me, if i'm, late

How about you? Do you have a number for how likely you think a senior-to-common conversion is and what percentage of the common Treasury would own as a result? Without those it's awfully hard to estimate the future common share price due to how huge of an influence such a conversion would have on it.

My guess (and that's all we can do at this point - guess and put our money where our mouth is - or not) is a 50% chance of just the warrants and, if they do exercise the seniors - the 90% - lower end of Paulson's statement. I think it would have to be the lower end as it would benefit the recap to also convert the Juniors rather than just turn on the interest and they need some room for that as well a give something back to Ackman.

That being said, that leaves a 50% chance of leaving a lot on the table for commons.

I hope it isn't a total rewrite. Calabria took way too long on his rule, and the one in place doesn't need an overhaul in order for FnF to exit a year from now. All it really needs is a tweak downwards to the PCCBA and moving from adjusted total assets to balance sheet assets. A brand-new rule would need to be written, have a comment period, etc.

Now the following is NOT a guess on my part - as this is part of how I made a living - I spent of lot of time - not 100% of my time - but a lot. There is a possibility - if they do it correctly - to just publish a Final Rule and be done with it. It depends on a lot of things, but most specifically how far they want to stray from HERA - as I thought Calabria did as well as the current rule. If HERA says its got to be XX, and that's what they want the rule to be, this is the Final Rule, take it or leave it, and have a nice day.

However, in practice, they will bunger a lot with the current rule. Remember - that's how the system works. Congress passes a law but is short on the details - so how to implement the law is up for grabs and you have the option to change the rules on a wim. But, although time consuming, that's probably OK as we want the Rule to be right (and favorable to us). I was floored the last time we went through this as folks complained about the time it took to publish the Final Rule. I thought - the longer it takes, the more favorable to us - but I was wrong!

That being said - remember - the comment period does not have to be long, nor the period to analyze the comments and make a decision of what the Rule will be. The problem is the number of comments and the fact that organizations always submit them on the last day, so it makes it hard to get a jump on analyzing them. That's understandable because a lot of these will be from big organizations who also have to vet it through their chains before some big wig signs them and this takes time.

Overall, I would not be too impatient on publishing the Final, as there are a lot of other actions re release that they can be doing at the same time.

Hope this helps!

Nats

All he needs is that goofy ball cap and he could most likely be your identical twin. Up 4 Yuge pennies today, time to dance on the ceiling.

Well, missed the 3:10 to Yuma. FMCC closed down 10 pennies from it HOD, at least it closed green @ $2.66. Every afternoon, the GSEs head downhill fast.

Fortunately, my internet is up today.

FHFA Releases 2025 Scorecard for Fannie Mae, Freddie Mac,

and Common Securitization Solutions

2025 Scorecard Link :

https://links-1.govdelivery.com/CL0/https:%2F%2Fwww.fhfa.gov%2Fsites%2Fdefault%2Ffiles%2F2024-12%2F2025-Scorecard.pdf%3Futm_medium=email%26utm_source=govdelivery/1/01000193e5d64203-732dc728-89b0-4799-9416-05ed0ea8c447-000000/PVAolJjL6ZaJuHzX5GOlT_p4JCCBNPT_U1ej4Ogh-1A=384

The annual list of objectives includes steps for the Enterprises to better manage risk,
support market improvements, and facilitate enhanced resilience of the nation’s housing stock

The Federal Housing Finance Agency (FHFA) released today the 2025 Scorecard
for Fannie Mae and Freddie Mac (the Enterprises), establishing an array of objectives
for them to operate safely and soundly, further develop risk management frameworks,
and support market improvements in housing supply and affordability, among other steps.

FHFA releases a Scorecard annually to communicate the Agency’s priorities and expectations
for both the Enterprises and Common Securitization Solutions, LLC (CSS) in a transparent manner.

“The 2025 Scorecard establishes objectives for the Enterprises to address affordability
challenges in the housing market, facilitate greater supply and resilience of the nation’s
housing stock, improve efficiency in mortgage processes, and promote sustainability in
housing outcomes," said FHFA Director Sandra L. Thompson. “These objectives are
consistent with FHFA’s responsibility to ensure the Enterprises fulfill their mission of
promoting liquidity and access to sustainable mortgage credit in a
safe and sound manner."

The Scorecard also reinforces the importance of strengthening the Enterprises’ resilience
to a range of financial and operational risks, including those related to natural disasters.
Furthermore, the 2025 Scorecard guides the Enterprises to improve risk management
frameworks related to their use of artificial intelligence (AI) and to explore the benefits
and risks associated with expanded use of AI and machine learning in the mortgage industry.

2025 Scorecard Link :

https://links-1.govdelivery.com/CL0/https:%2F%2Fwww.fhfa.gov%2Fsites%2Fdefault%2Ffiles%2F2024-12%2F2025-Scorecard.pdf%3Futm_medium=email%26utm_source=govdelivery/1/01000193e5d64203-732dc728-89b0-4799-9416-05ed0ea8c447-000000/PVAolJjL6ZaJuHzX5GOlT_p4JCCBNPT_U1ej4Ogh-1A=384

" Did you know 40% of the homeless are employed"

Most are lawyers . . . . or think they are!

Come on. We all know now through Jan 20 is just pissing in the wind. Until the Trump folks get in to office, get through the vetting process and can start making changes, this is just a crappy stock floating with the current.

Stop posting stuff from the idiot Catman, your job is to sound the whales horn loudly !!

Picture is not Mark. Wow, the 3:10 to Yuma derailed again. Poor FMCC is down 6 pennies form today's high with over 1 hr 20 min left in the trading day. Sell now before the usual EOD dump, not worth going into the weekend holding the bag.

Gooberment taking more from the GSE’S is taking away from the people's housing to waste on pork projects of no value to taxpayers, especially homeless taxpayers. Did you know 40% of the homeless are employed 🤔

Rocket Man 🚀….

Hey Catman- go fack a widget.
Fnma

Mark Calabria Status