Fannie Mae (QB) (FNMAT) Quote

https://www.nytimes.com/2024/11/17/us/politics/trump-treasury-candidates.html

I would not settle for 15. Ackman would not either.
Nonsense, they have to follow the law.

That implies $14 FNMAS which is currently not possible.

I believe in an offer to the existing shareholders. How can there ever be a release without one?
Trump will make a deal with the big ones and the rest will have to follow, will.
At what point is there no stress?
Commons 10-15 $
Prefs $25 (I think there is little room here)

What do you think?

Scott Bessent, Howard Lutnick probably out at Treasury
Wall St Journal article should be free to read

https://www.wsj.com/politics/elections/trump-broadens-hunt-for-top-treasury-job-after-jostling-became-messy-e20eb6b6?st=PELjRa&reflink=desktopwebshare_permalink

Jeff

IT’S ALREADY IN PLAY !

Any of them would look at Fannie & Freddie and think WOW I could make alot of money here! But I would have to invest indirectly so not to make a big seen or get the finger at for conflict of interest !!!

We need achman and his billionaire friends to give trump a small gift of 100 Million. We also need achman who said that he is very good friends with elon to presure him into helping release F and F. It's time achman and his billionaire friends stop playing games and get this done.

$300 per share by July 4th 2026

Question why would elon and vivek want to cut a revenue stream coming in to the government? I hope they both have some close friends who own shares in f and f who can persuade them to release f and f other wise I dont see why they would care about releasing them.

$4 by Friday.

so much GSE dishonesty being spread

Anyone who takes that Cato "report" seriously is a financial illiterate, as explained a month agohttps://t.co/KChX9LDRap https://t.co/aA0qBHShLp— David Fiderer (@Ny1david) November 17, 2024

FYI - lots of moving pieces

Correct, the SPSPA under the FHFA-C doctrine is Void-Ab-Initio

"Did NOT authorize the Federal Reserve Bank to acquire a borrower’s EQUITY as CONSIDERATION FOR the loan" pic.twitter.com/AHc1XrCVc0— Ano (@Ano3020100) November 17, 2024

I didn't say the agency was one that I'd consider "indispensable", and most of their transgressions regarding multi-family loans occurred when they were formerly known as OHFEO. They were essentially re-branded to act in the capacity of their predecessor with their new task mainly responsible for their creation; to be the Conservator for the GSE's post 2008.

My point is that despite of all of this tom-foolery that led to their creation, the decision to keep the GSE's in c-ship is not solely theirs, and their actions over the past 4 years did not lead to the current situation in the housing affordability crisis. I'd love to see FHFA dismantled, but before doing that the c-ship has to be resolved or the role of conservator now occupied by them will just be handed off to some other agency or department. Translation? 1.5 decades or more trying to unravel the new conservatorship. Not good.

I Fear Release - What if they said, ok,, you is released - Conditionally
1. There will be a trading halt for all common stock for 2 years,
2. When trading resumes (2 yrs. later) there will be a 1 for20 reverse split
3. Have a Nice Day, Your Friend, the FHFA

$FNMA It’s a tie. https://t.co/QlEONQuJ4Y— Rick Nagra (@RickNagra) November 18, 2024

You could get rid of the FHFA and roll 20 people into Treasury to do oversight. Then release the Twins under new capital rules and cancel the LP.

What do you mean. It’s a useless agency that has proven they do nothing useful and allow fraudulent multi family housing mortgages to be written and held on the GSE books. They very simply only have one job and yet they cannot even do that one thing right with all the money in the world. Useless. The only reason they might slip under the radar is the fact they cost the US taxpayers nothing as they get all their funds from the GSEs

To employ some Senator's mistress?

To employ some Senator's mistress.

I don't disagree that there's some fat in there, but with so many other prominent targets for waste needing attention, I don't think FHFA will be an early target. As bureaucratic as the agency is, the truth is they had very little to do with the housing debacle created over the last 4 years.

I don't disagree that there's some fat in there, but with so many other prominent targets for waste needing attention, I don't think FHFA will be an early target. As bureaucratic as the agency is, the truth is they had very little to do with the housing debacle created over the last 4 years.

Begin with @FHFA , the most corrupt and the most useless agency in US History! https://t.co/o8xYwfZeUK— Guido da Costa Pereira (@GuidoPerei) November 17, 2024

Oh Where, On Where, have all the Naysayers gone?
GLTA

Many things can be automated, chatbots, etc.

TO GUT THE GOV Agencies !!! YOU CAN START WITH THE FHFA !!!!
Yes https://t.co/BMUyXuwSjK— Elon Musk (@elonmusk) November 17, 2024

why would FHFA need this position?

https://nationalmortgageprofessional.com/news/fhfa-names-tracy-stephan-chief-artificial-intelligence-officer

let's all do it, patriots!

$4.25 by Thursday
Friday - no comment

I heard there was more than 1000 employees as of 2024, tried to find out the current data but only found a number 731 for 2019.

$3 had all weekend to bake in! Do I hear $4 on deck?

Boooooom !
Will entire agencies be deleted? Answer: yes. pic.twitter.com/QPe5VNGDhr— Vivek Ramaswamy (@VivekGRamaswamy) November 17, 2024

FHFA can easily be a day 1 casualty. Need to keep putting the word out on Vivek and musk tweets. If you are the first one or two to comment right after they tweet, there is a good chance they may respond. I have seen them responding to the top few responses before it gets flooded with 1000s of responses and goes nowhere

Queen Thompson, step down
from Your Throne - YOU IS FIRED
Janet Yellen - you been signin' too
many checks for the wrong things
YOU IS FIRED
All those involved in implementing and
administering the Conservatorshep:
YOU IS ALL FIRED

Vivek - "we expect to eliminate some Agencies outright" - BAZINGA !
(FHFA YER FIRED !)

Vivek - "we expect to be DONE by July 4th 2026 ! - BAZINGA !

https://www.foxnews.com/video/6364828512112

By the way it was gary cohen a gs scumbag who was along with mnuchin another gs scumbag. Cohen was nec director at that time not kudlow.

I think it became fraudulent when conservatorship was not necessary. For a short period of time, let's say it was necessary. But for a long period of time, it was NOT necessary so keeping the GSEs in conservatorships for nefarious means is fraud and more fraud. Someone should be made to pay because citizen investors were deprived of their rights and continue to be deprived while the GSEs prosper.

$4 is probably doable before the week is over. Slow and steady with high daily volume! Plus keeping F&F's plight at the top of the financial news.

”you brought the wrong case to us, this should be a takings case.”

I always wondered how much that blunder cost the plaintiffs? It would have been equally advantageous to consult a homeless person living under the bridge down by the interstate rather than the top-shelf law firm who, apparently, couldn't even file an appropriate suit. No law degree for the homeless individual, but more intelligence and common sense.

Are Fannie Mae & Freddie Mac being kept in a fraudulent "temporary" conservatorship for the enrichment of the politically connected through:

A) Fake jobs at FHFA?
B) No-bid contracts?
C) Sandra Thompson's CRT Program?

FREE FANNIE!
FREE FREDDIE! https://t.co/FnapIFf3ip— Guido da Costa Pereira (@GuidoPerei) April 21, 2024

Or . . . ETA . . . as in when conservatorship flames are extinguished or as they say . . . snuffed out!!!!

"Here Comes The DOGE.

Rogue Government agencies be trimmed down or shut down"

FHFA . . . . considering salary and benefits . . . 700 people making $100,000 to $250,000 per year . . doing what?
Regulating? Give me a break! If memory serves me, it had 150 employees in 2008, now up to 700.
Pigs at the trough. Let's turn them into bacon!

Fannie/Freddie attention should continue to spike the price/volume next week - the DOGE boys (Elon & Vivek) will initially use executive action so it will happen MUCH FASTER ! Vivek sits w Maria to talk !

https://www.foxnews.com/video/6364828512112

Sunday Morning Futures
November 17, 2024

Musk, Ramaswamy to begin cuts with executive action, lay groundwork for Congress to cut costs -

Trump nominee Vivek Ramaswamy sits down with Maria Bartiromo to discuss the role of the new Department of Government Efficiency.

Good one

Or is it TEA time $$

Trump
Elon
Ackman

I like tea times in golf

lol

They gonna feed us we gonna EAT ( Elon Ackman Trump ) EAT $$$$$$$$$$$$$$

That's not really a bad thing though correct?

Say $FMCC~ $FNMA~ Mo MO $$$

With the publicity and the momentum that we are experiencing I see no reason why we can’t hit $4 this week!! GLTA!!

Here Comes The DOGE.

Rogue Government agencies be trimmed down or shut down.



Ron

Bessent will not change anything, a business-as-usual, left guy. Nominate Howard Lutnick to Treasury. Lutnick’s life is a miracle. He will do a good job at Treasury.

Trump, Elon, Achman, need I say more.