Federal National Mortgage Association (PK) (FNMFO) Quote

Good stuff Rick. Thought it was interesting that they pointed out that FMCC cant do construction lending in Conservatorship under its Charter - perhaps another reason to get them out of Conservatorship. The article also stressed all of this could be done without Congressional approval.

Thanks!

It is not from Seeking Alpha. It is from page 12 Public Center Prise.

https://publicenterprise.org/wp-content/uploads/Smoothing-the-Housing-Investment-Cycle-Part-1.pdf

Is this from the seeking alpha article?

Is this from the seeking alpha article?

Amen to that

BS.
If the warrants could be exercised, then that would have happened several years back.

Page 12.

Finding tens of billions of dollars for a housing construction fund is easier said than
done. There are proposals that could generate those funds by selling a portion of the
warrants to purchase Fannie Mae common stock that the T reasury Department holds.
An action of this sort could generate funds without a request to the Congress, but
would also be a major undertaking that would require approval from various regulatory
bodies that oversee the GSEs. On the other hand, an appropriation would require no
such regulatory approvals, but would require the consent of Congress. As a pay-for , the
fund could be seeded by taxation or borrowing. Such a fund would be able to grow over
time as proceeds from program activities—interest on the mezzanine loans—accrue.

Thanks for the Video Link - None of them seem to be well informed about what happened and what has been happening. Ackman and Paulson would have to do a GSE 101 with them.

FMCC: Freddie Mac mortgage book grows 4.2% in August, largest rise of 2024

https://publicenterprise.org/wp-content/uploads/Smoothing-the-Housing-Investment-Cycle-Part-1.pdf

FNMA/FMCC
With 2 days of strong support, and virtually unchanged PPS,
20 cents to the Green is waiting sometime, sooner than later,
I'm hoping, But it is waiting...Load Up before the Big Guns get it all!

Oh wow. I think it is working. Buying pressure just increased. Maybe I am a genius after all.

Calling all whales ASAP.

But wait, it's going to ...EXPLODE!!!!!!
Lol

$1.22 $1.23 $1.24 yawn.

On the Nancy Pelosi trade ... I wasn't joking ... there are actually retail investors who started following her congressional disclosures as well as other members of Congress ... there's one platform called IRIS that does this ...

That's no way for a Child of The Nagra
Dynasty to Speak or Think

Crappy day.

The hardest part of investing!! Hurry up and wait!!

I am doing two things at once. I am watching FNF and I am watching paint dry! Not kidding, LOL
GLTA

Absolutely, here’s the clip, https://www.cnbc.com/video/2024/09/13/future-of-fannie-mae-and-freddie-mac-comes-into-question.html

Agree, it would be nice if there was an actual truthful report of it all or update to The Rolling Stones article that came out years ago on it all. Maybe an interview with Gary Hindes the American Banker who has written about Fannie Mae and Freddie Mac and understands what it’s all about.

Fannie and Freddie are getting their second wind, the winding up on the Pitchers' Mound

i think you can send an email to her and ask at nancy@askmehowtomakebillionswithinsidertradinglegally.com

right on

It's too bad the GSE trading volume today isn't exploding similar to Wize's much missed long winded posts. cough cough

FNMA

(Is there a serious investor drought going on today, or are GSE shareholders expecting judge lamebrain's opinion tonite..)

I'm looking at NANC and it's not anywhere near that. Is there another?

I was thinking the same. The volume is EXPLODING!

Can someone turn up the volume please ? Thanks so much.

Oh wow, we ready to launch ?

"Nancy Pelosi Index Fund"
LOL! Never thought about that one myself but its return is a solid 100% a year or more!

Such A Wild Wednesday, The Excitement Is So Exhillarating…

"If you want more (housing) shortages, then artificially stimulate demand."

https://mishtalk.com/economics/the-kamala-harris-plan-to-create-more-housing-shortages/

Conclusion:

"It is economic idiocy to believe that giving people $25,000 to buy a house will do anything but raise prices." (Mish)

I have pointed out in previous posts that the housing shortage is a supply problem. Not enough houses are being built. The stimulus will increase demand, but it won't change the lack of supply. In fact, the supply could become even tighter.

FNMA/FMCC
Wednesday will be Wild - Set To Pop - Set To Unwind -
Like a Tight Coil - Boing - Through The Roof

As long as Nancy stays in CONgress.

the Nancy Pelosi Index Fund - best performing index on the Street ... "when you have inside information..."

which index fund is good one to invest? i am bit conflicted with lowering of interest rate, inflation and tech may be overvalued. thank you.

Oh wow. Sherwin Williams strikes again end of day one second before the close.

Fannie closes unchanged
Freddie down a penny
In today's world of conflict and turmoil, I'd call it a green day

Garbage Indeed, Same Kind Of Garbage Glen Bradford Blows

More garbage just released on Seeking Alpha.

FNMA: Fannie Mae Preferreds Offer Election Opportunity

Really? 1 hour left in the trading day and we have yet to hit 1M shares traded.

Why don’t you tell the public how ACA was funded? Only COWARDS hide behind Executive Privilege. Why don’t you want the records read in court?

Above is my response to a former President on Facebook.

FNMA/FMCC
Hang on, Forks, she's gettin' ready to Launch Big Time!

Given"ALL" of the upgrades that have occurred over the past 16 years, it only stands to reason
that the staff would be twice the size. You know, COVID and all, Not going to the office, not actually
performing a real work task, just having that title is sufficient when you were (Placed) in the position
for No reason that you would care to talk about or have to defend.

I haven't seen the clip, but wouldn't surprise me. The big deception was that they needed aid to begin with after passing all the stress tests. Now it's just assumed that they did need the original bailout, and that the actions of FHFA/Treasury since then were "helpful"... Clearly not the case to anyone paying attention. Also clear from the jury decision.

If the question the reporters are asking is how many billions need/should to go to taxpayers to release the companies, they should be reporting on how much the taxpayer has already reaped over the past 16 years. I haven't seen much of that reporting at all.

Appears Andrew Ross Sorkin on Squawk Box with CNBC per his recent report he doesn’t fully understand the situation of the conservatorship. Nor that these companies mission is not to be profitable for the government per say as that is not the purpose of a conservatorship if it is truly a rescue due to GSE capital concerns as they are public chartered companies. These companies goals are not to be cash cows for off the book gov projects. The conservatorship was not needed. Maybe he he is clueless on the jury trial or facts of any cases so far. Young reporters ….

He'd be out of a job? To what "job" are you referring? Don't understand that one...lol

@VivekGRamaswamy @DineshDSouza

Just check out how many Congressional girlfriends and boyfriends are "employed" by @FHFA . No wonder the Commies won't release @FannieMae & @FreddieMac from the bogus "temporary" conservatorship after over 16 years as they fund FHFA operations.— Guido da Costa Pereira (@GuidoPerei) September 24, 2024

Same formula guys!! When you least expect it.......Boom!!

Fannie Mae - All The Way
Freddie Mac - Load Up and Don't Look
Seems like when KThompson is on the board
Our PPS Goes Down and Down and Down and Down