Fannie Mae (QB) (FNMA) Quote

Watching this go up I'm counting the money in my head but keep asking myself, "What's it feel like to be Musk?" We're counting thousands at a time, he counts in billions. Can't even fathom the number and what that means.

I don't think we've ever closed above 6 since 2008.
Could be historic today.

Just touched $6.37 Vol 15.8M. Today, let's surpass $6.50

Are there any gaps below us that need to be filled ?  Any gappers out there ?

Is this beast setting up for an explosion? Lookout, volume increasing..?. Jmo

I don’t like when it keeps going up, boo hoo. I sold thinking it will dump, can someone help me side with KT4ZCommonkookoos to bring it down?🤣😂
Just having fun. The GSEs are the most unusual situation ever to occur in a free world. Plan accordingly.

Toast to FNMA FMCC

February 17, 2025 7pm Wynn Las Vegas Overlook Lounge FNMA FMCC 8pm Steve Wynn and Bill Ackman invited as well as the few longs here on Investorshub. Money Show that week at the Paris Casino.

That's why this needs to be a first 100 days thing - they all get assimilated!!!

Honestly no,

I have always known that when the possibility of release becomes a reality, the technicals would go WAY out the window. We are looking at a situation in which the emergency brake has been released and we will slingshot up to the intrinsic value. Every bit of positive news will get us there faster. This is coupled with the fact that Institutional Buyers are loading up again to take up long-term positions.

The only technical I find helpful to watch right now is volume until this thing reaches an intrinsic value the market is comfortable with. Outside of that, what is the true intrinsic value of this stock? Depending on who you ask or the metric used for valuation, it can be anything from 34 to 350 dollars a share.

I'm not going to be able to make that call but it would be interesting to find out what is said. If this is the architect of the NWS, what tune are they singing at a time when everyone else seems to be saying release the GSEs. Will they swim upstream or join the flow?

I know someone posted recently that Growth Fund of America had 3.6M shares at Capital Group/American Funds as of 3rd quarter 2024. I used the Holdings Search on the their website and it shows their Small Cap World Fund has 10,000,000 shares of Freddie. Not sure if that was noted here before.

Mnuchin meant well at the beginning but then became part of the swamp.

Not a prediction
Not a prediction

But what is Mary sings a new tune

Things have changed and now ??

If she simply is not crazy bad ---- she might well be positive for us bulls

?
looks good
and maybe PPS is reacting

seems to me he said more that it is a hot issue than what Bessent would say that is directly helpful?

I believe Ackman - and Whalen is not key -- but I am not sure he would agree he did a complete 180

"THE AMBUSH OF FANNIE MAE AND FREDDIE MAC IN HANK PAULSON’S OWN WORDS"

Most appropriate title Guido! Some people forget where this vermin worked before Treasury and once known, nothing else needs to be said. Mnuchin was in that same mixture.

Can we get to $6.50 today?

Makes work harder. Every 80 cents it's gone up since the election I've made my annual salary. I keep thinking, what's the day I quit doing this?

Oh, I averaged down a good ways but it's just so nice to get back there after all these years. I don't have real time quotes so I'm still waiting. It will be worth the extra 15 minute wait just to see it

Just told my boss I made more money on my FNMA stock in a month than at this job all of last year.
I need to set his expectations going for 2025...

If I recall correctly - he has thrown cold water over and over . Is that right ?

So this time - it is time for him to be all wet

I'd rather get the Gamestop meme treatment to have institutional investors. The ceiling was so much higher We can dream.

I agree.  Most of this gain is from the Whalen effect.  He probably gave the green light to his whale buddies.

I've seen RSI stay up high for weeks on a hot stock. And while I look at technicals the twins don't really follow them as well as most stocks on the big boards.

Thank you

It is noted that this is from the 2014 Deck --- thus presented in 2014

I quote

Privatization Catalyst: A potential new Trump administration increases the odds of Fannie/Freddie going private, a major bullish catalyst.

Let us all hope that this time DJT does not leave us out in the cold

I thin out JPS as they approach a cap of 115% upside or so
I hold Common ---- but - given history of hope and despair - a PPS of $6 or so on common may be time to think slowly (I think I may have said similar before and wonder if I said $5 then - and now am getting hungry and greedy as I watch the value of my accounts go up and up and up)

Bingo! Jmo

Hate to give whalen credit but I think his tweet was the cherry on top of all the other good news for today...

There is an event today 11:00 am EST Urban Institute featuring that horrible person Mary J Miller architect of the net worth sweep.

Could be insitutional investors now that it's over $5.

where's donkey #1?

Price now is $6.10
You can breath now😉

What in the world is in the water these days? Lol. Alrighty then! Let's go! 6.08 and rising! GO FNMA! Long and Strong!

is there some sort of a leak we think? any reasons on why this day is special?

Isnt urban institute supposed to talk about us today? Are they taking us up before that meeting and bring us down later? UI is against us always

I'm getting a little bit worried about the RSI.  Anyone else ?

FNMA took water break at $6.02 and touched $6.10 Vol 11M

I was wondering the same

Wow, has anyone seen Obit ?

Whalen's reply to my post

The all time high since 2008 is somewhere near 6.30-6.50.
When I see 7, I'll be very happy.

Did you need to wait 11 years to reach that level again?

First time since 2008 my morning buy orders could not fill, its looking good , real good

I remember my first time.

FNMA Just touched $6.02 Vol 6M

$6.02

Home Price Growth Reaccelerates in Fourth Quarter

January 14, 2025



Latest FNM-HPI Reading Shows Year-over-Year Increase of 5.8 Percent in Q4 2024

WASHINGTON, DC – Single-family home prices increased 5.8 percent from Q4 2023 to Q4 2024, an acceleration from the previous quarter's downwardly revised annual growth rate of 5.4 percent, according to the latest reading of the Fannie Mae (FNMA/OTCQB) Home Price Index (FNM-HPI). The FNM-HPI is a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos. On a quarterly basis, home prices rose a seasonally adjusted 1.7 percent in Q4 2024, up from the downwardly revised 1.2 percent growth rate in Q3 2024. On a non-seasonally adjusted basis, home prices increased just 0.3 percent in Q4 2024.

"Year-over-year home price growth accelerated in the fourth quarter, following back-to-back quarters of deceleration," said Mark Palim, Fannie Mae Senior Vice President and Chief Economist. "Inventories of existing homes for sale have improved from a year ago but remain historically low, due largely to the so-called 'lock-in effect.' Since the beginning of October, mortgage rates have rebounded after bottoming out around 6.1 percent and are now inching closer to a new psychological barrier, the 7 percent threshold. The higher mortgage rate environment is not only hurting affordability, but it's also exacerbating the lock-in effect by further reducing homeowners' incentive to move."

Palim continued: "The housing market in 2025 faces a difficult balancing act, with a notable decline in mortgage rates likely needed to help unwind the lock-in effect and thaw the supply of existing homes for sale. However, we believe such a decline would likely jumpstart demand from potential first-time homebuyers currently waiting to purchase, which could lead demand to outpace any improvement in supply, further exacerbating already-high home prices and purchase affordability."

The FNM-HPI is produced by aggregating county-level data to create both seasonally adjusted and non-seasonally adjusted national indices that are representative of the whole country and designed to serve as indicators of general single-family home price trends. The FNM-HPI is publicly available at the national level as a quarterly series with a start date of Q1 1975 and extending to the most recent quarter, Q4 2024. Fannie Mae publishes the FNM-HPI approximately mid-month during the first month of each new quarter.

For more information on the FNM-HPI, including a description of the methodology and the Q4 2024 data file, please visit our Research & Insights page on fanniemae.com.

To receive email updates regarding future FNM-HPI updates and other housing market research from Fannie Mae's Economic and Strategic Research Group, please click here.

Fannie Mae's home price estimates are based on preliminary data available as of the date of index estimation and are subject to change as additional data become available. Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae's Economic and Strategic Research (ESR) group included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR group represent the views of that group as of the date indicated and do not necessarily represent the views of Fannie Mae or its management.

About the ESR Group
Fannie Mae's Economic and Strategic Research Group, led by Chief Economist Mark Palim, studies current data, analyzes historical and emerging trends, and conducts surveys of consumer and mortgage lender groups to provide forecasts and analyses on the economy, housing, and mortgage markets.

About Fannie Mae
Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit:
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Media Contact
Matthew Classick
202-752-3662

Can't wait to cross $6.08. The price of my very first Fannie purchases - 50k shares 🤮

6 bucks just printed pushing towards 5 million shares in less than 20 minutes

Oh Lawd!

YMCA

Breaking News! Donald Trump's presidential inauguration events will feature performances by Village People. Ha, if you remember these guys you're old as dirt. Celebrate, $8 by inauguration day?

All Bull runs climb a wall of worry. Don't be nervous of success :)