Fannie Mae (QB) (FNMA) Quote

It’s closer to 10 than 5. There is so much wrong with what that author wrote. For example, he says GOVT retains 51% and also sells some. But somehow doesn’t understand that by doing that it means exercising warrants which means he has to adjust his shares outstanding in his calculations. For this reason alone, he is an amatuer. Go figure…

what do you mean the gov would take 90% ? Purchase from existing shareholders? Thx

Go Fannie Mae - All The Way
Recap of our PPS since Mar 7 which was Day 39 of over $5 when we were at $5.84. Then the next trading Day (Mar 10)) we went BELOW $5 to $4.91, but rebounded swimmingly the next Day (Mar 11) to $5.19 and hit $6.11 on Mar 14...
Mar 21 - $6.38 - 8,510,618 today
Mar 20 - $6.25 - 8,037,839
Mar 19 - $6.03 - 8,071,667
Mar 18 - 5.65 - 10,339,547
Mar 17 - $5.82 - 9,309,100
Mar 14 - $6.11 - 16,518,200
Mar 13 - $5.50 - 5,951,400
Mar 12 - $5.65 - 9,589,600
Mar 11 - $5.19 - 10,480,900
Mar 10 - $4.91 - 16,783,700
Mar 7 -- $5.84 - 23,007,600

What a hell of a close going into the weekend You would have thought something would have leaked like we could have expected some type of weekend activity either way it was positive

This makes me feel warm and fuzzy inside.
“To steal a line from the film Bull Durham, Bill Pulte has announced his presence with authority,” said https://www.linkedin.com/in/timrood/. “It is easy to speculate what caused the shakeup at the BODs of the GSEs and Freddie Mac’s management team. What we do know is that the Trump administration has big plans for the GSEs. And that a shake-up of the BODs and leadership could be just a matter of wanting to place people in key roles to minimize the resistance to changes that are warming up in the bullpen.”

The author assumes a PE ratio 5-10.  Is that reasonable ?

This week, Fannie Mae, Freddie Mac, and the FHFA have joined the trend of government downsizing prioritized by the Trump administration, ramping up efforts to close government offices and dismissing several top-ranking executives. https://t.co/5aCpA7qFWw— Cmdr Ron Luhmann (@usnavycmdr) March 22, 2025

In a scenario where the U.S. Treasury sells a portion of its @FannieMae and @FreddieMac stock but retains 51% ownership in each company, placing the retained stock in a sovereign wealth fund to collect dividends, Grok estimates the following price ranges for the stocks:

Fannie… pic.twitter.com/JMdGwTXrjq— Free Fannie (@FreeFannie) March 22, 2025

Let;s stop making conjecture and
get down to some serious Pumping
Fannie ready to Launch Big
Freddie making good gains more than Fannie
Ladies - Why not put some of these
gems into your investment basket?

Exactly. Folks pump thinking they know what will happen. Bottom line, none of us do. We remain in the dark about any way forward.

Yes, more than 79%. That's what Paulson said the government would take 90% or more of the FNMA & FMCC stocks.
For an individual like me, I am satisfied with PPs at $30 regardless of what and how much they take.

"He works hand in hand with those who have been trying to steal Fannie and Freddie for the last 17 years."

Then he's worked at Goldman-Sachs! LOL!

"How about the pps as it used to be ($80s). Otherwise, share holders will ask for $325 is reasonable."

Tell the monument maker to go ahead with the granite engraving:

- Despite the best efforts of shareholders, when the dust settled, they got screwed! -

"FHFA will get rolled up into either HUD or treasury."

WHY NOT DO THE HUMANE THING? ROLL IT UP, PUT IT IN A DUMPSTER, AND SEND IT TO THE LANDFILL!

Sovereign wealth fund will not be floated the way you are envisioning. There are multiple ways of floating that fund

Does that mean the government would own more than 79.9% of the companies ?

For those pumping The sovereign wealth fund, you are going to get both the warrants shares as well as senior preferred shares converted into the sovereign wealth fund. Be careful about what you ask for and pump for

Great article.  Great find.  We will be green on Monday.

https://propmodo.com/the-ideology-behind-the-nations-new-chief-housing-economist/
"... Davis may also influence tax policy, particularly regarding the mortgage interest deduction. Trump has proposed cutting this deduction in his upcoming tax overhaul, a move Davis might endorse. In his paper, Davis notes that the mortgage interest deduction primarily benefits individuals with above-median incomes who would likely be able to buy a home regardless. The administration's focus on fiscal responsibility aligns with Davis' calculations that privatizing Fannie Mae and Freddie Mac and ending the mortgage interest deduction could save taxpayers approximately $2.5 trillion."

@pulte Some perspective on the week since Bill Pulte’s confirmation

The Director of the Federal Housing Financial Administration is a cabinet position nominated by the President and confirmed with the advice and consent of the Senate. The director serves at the will of the…— Tim Pagliara (@timpagliara) March 21, 2025

Freddie Mac employees just received another email from interim CEO Mike Hutchins, also shared with me — this one informing them Michele Espada will serve as interim head of HR.

"I am confident that she will provide the dynamic HR leadership that the company needs at this time" pic.twitter.com/k5XuZTVhS5— Eleanor Mueller (@Eleanor_Mueller) March 21, 2025

A logical orderly first step should be relisting Fannie Mae and Freddie Mac from the OTC (OTCQB) to the NYSE, where they likely meet the financial and governance criteria.

$FNMA $FMCC The Treasury has promised an orderly release of the GSEs from conservatorship, yet months have passed without updates on a plan or timeline. Transparency is overdue. A logical orderly first step should be relisting Fannie Mae and Freddie Mac from the OTC (OTCQB) to… pic.twitter.com/lebNWeCmuJ— Rory Stock Values (@IV_Index) March 21, 2025

New CEA Advisor who favors privatization

🚨BREAKING: Morris Davis, prof. at Rutgers Bus. School, picked as White House CEA chief housing economist🚨
His past comments suggest he's for reducing gov't oversight & privatization of $FNMA & $FMCC —paired with cutting the MID could save taxpayers $2.5T!https://t.co/ykgePCTnSo— G Buckman (@g_buckman) March 21, 2025

Hi Rodney - I owned FMCC in 2008 and I started buying during the summer with the expectation that the UST would get warrants in exchange for infusing more capital. I had expected the UST to keep paying the dividends on JPS because all of the small banks that owned the JPS would be wiped out. FMCC had traded in the $25 to $30 range for most of 2008 but then nose dived with the rest of the financial sector starting in July and I bought shares in the $ 5 to $ 10 range and I bought FNMA also accumulating a position worth approximately $ 500,000. When the Conservatorhsip happened I was ok with the 79.9% warrants but thought that the 10% interest rate was unnecessarily punitive and that the write offs were grossly overstated and punitive. That being said I expected a recovery in about 5 years and sold my common for tax losses and purchased more JPS starting in October 2008 through 2009. I am not sure about the Charter considerations back then but do not remember that being an issue and I also do not think that Mike Kelly has used your legal logic in his suit in the COFC. I think your suit will be the first time that the Charter would be used to potentially invalidate the warrants. You might be right but I would have expected the Kelly lawsuit to have included the Charter as a cause of action. In any event I do not think the inevitable dilution by the UST will be stealing nor do I think you are being greedy. My point is that as a shareholder of FMCC in the summer of 2008 - I expected the UST to get at least 40% of the equity via warrants and did not think it was unreasonable at the time of the Conservatorship because I expected an exit and I expected the JPS to be paid at PAR. My hope in the summer of 2008 was for a stock price in the $ 20 range after the UST took a position via warrants.

keep dreaming boy

Congress can just change the Charter if they need to. It will take years of litigation and millions of dollars to even try to prove your point. Your best way forward is to go on X and educate everyone. Just let everyone know that not all GSE shareholders thinks DJT is stealing.

It is now or never probably - need to file for a TRO ASAP - really. Especially if you think if POTUS is stealing. I understand the claim but I think it is too far to accuse the DJT of "Stealing". You can argue that it is not fair and that you think it is against the Charter but personally I thank God that DJT was elected - if it means that I get $ 20 to $ 30 on my common and I am made whole on my JPS that I paid $ 25 for then I am happy that the US Taxpayer can get 79.9% because it gives DJT a win to continue to do the great work that he is doing. I have waited my whole life for a POTUS like POTUS47 and I am going to stand up for him.

A boy can dream

Hopefully Barron is ready to go with his lawsuit.

Well here is how we could all win better than the $35.00 give away AcKman suggests. If they release us, lower cap rate, uplist and let the market decide what the shares are worth I bet we get a lot higher than $ 35.00 At that time if the Govt wants to lock up it's much more valuable shares into a SWF then go for it. I don't see the Govts need to seed the SWF with shares in the single digits when they could do it with shares many multiples of todays PPS.

What happened to Freddie end of day ?  The same action did not happen to Fannie.  The story of my life.  I never get any action.

Fannie, Freddie Speculation Mounts on Bessent Remark On Sovereign Wealth Fund

Scott Carpenter- Fri, March 21, 2025

(Bloomberg) -- Wall Street is weighing in on the possible fate of home loan giants Fannie Mae and Freddie Mac, after a fleeting suggestion by Treasury Secretary Scott Bessent earlier this week that the government’s stakes could eventually become part of the proposed US sovereign wealth fund.

Billionaire hedge fund manager Bill Ackman, who has long sought to profit from the re-privatization of the so-called government-sponsored enterprises, called the idea “superb” on social media, while noting that it would have to be done in a way “respecting the shareholders’ place in the hierarchy of claims.”

Stifel Financial Corp. Chief Executive Officer Ronald Kruszewski wrote in the Financial Times that transferring the government’s stakes in the two entities could “bolster the financial stability of the nation.” And mortgage bond strategists at JPMorgan Chase & Co. suggested investors should take the idea seriously, if cautiously.

The chatter began earlier this week when, on an episode of the “All In” podcast, Bessent was asked about President Donald Trump’s recent proposal to create a US sovereign wealth fund. In his answer, Bessent seemed to suggest the administration has at least looked at using the government’s stakes in the two companies as assets for the fund.

The Federal Housing Finance Agency, which oversees Fannie and Freddie, didn’t respond to a request seeking comment.

The companies were originally created by Congress to help boost homeownership by making mortgages more available. In 1968, Fannie was converted into a private company, yet Washington’s implicit backstop remained. The US acquired massive stakes in the pair as part of a roughly $190 billion bailout during the financial crisis.

Trump wants quid pro quo in all of his transactions. He will expect to monetize the warrants as a result of ending the conservatorship. The warrants are an illegal fee. But more importantly, the warrants granted to Treasury violate the Charter Act directly, as the Charter Act statute requires that FNMA issue common shares for “appropriate” capital. The amount the Treasury will pay the companies to exercise the warrants is no where near appropriate capital. I’ll go so far as saying it’s stealing.

is there going to be more lawsuits?

https://www.bloomberg.com/news/articles/2025-03-21/fannie-freddie-speculation-mounts-on-bessent-wealth-fund-remark

"Takeaways NEW. Wall Street is weighing in on the possible fate of home loan giants Fannie Mae and Freddie Mac, after a fleeting suggestion by Treasury Secretary Scott Bessent earlier this week that the government's stakes could eventually become part of the proposed US sovereign wealth fund."

https://finance.yahoo.com/news/fannie-freddie-speculation-mounts-bessent-201258581.html

"Billionaire hedge fund manager Bill Ackman, who has long sought to profit from the re-privatization of the so-called government-sponsored enterprises, called the idea “superb” on social media, while noting that it would have to be done in a way “respecting the shareholders’ place in the hierarchy of claims.”

Stifel Financial Corp. Chief Executive Officer Ronald Kruszewski wrote in the Financial Times that transferring the government’s stakes in the two entities could “bolster the financial stability of the nation.” And mortgage bond strategists at JPMorgan Chase & Co. suggested investors should take the idea seriously, if cautiously.

The chatter began earlier this week when, on an episode of the “All In” podcast, Bessent was asked about President Donald Trump’s recent proposal to create a US sovereign wealth fund. In his answer, Bessent seemed to suggest the administration has at least looked at using the government’s stakes in the two companies as assets for the fund."

despite the Freddie Executive Suite being seriously Fired

BODES well for Freddie & Fannie's future gains ...

FNMA Closed 4.58% higher for the week. FMCC closed 6.88% higher for the week

I'll take it with a 😁

Freddie nice move w VOLUME to NEW HOD $5.44+.28 @ close ...

Batman

Will re-testing $7 next week.

This price trend today. At first I thought it was going to be an M and a W.
But now, what kind of sign is that?

AIPAC controls congress and senate
AIPAC controls the banks
AIPAC controls treasury
Not to mention SEC and all the other 3 letter

WTF does AIPAC have anything to do with this?

Nah

The PagMan.
@pulte Some perspective on the week since Bill Pulte’s confirmation

The Director of the Federal Housing Financial Administration is a cabinet position nominated by the President and confirmed with the advice and consent of the Senate. The director serves at the will of the…— Tim Pagliara (@timpagliara) March 21, 2025

It has been de-politicised

They checking legal stuff AWS for exit

Fannie Mae & Freddie Mac In Upheaval As

Trump Administration Considers Privatizing Mortgage Giants

March 21, 2025 9:59 AM

https://www.benzinga.com/politics/25/03/44436692/fannie-mae-freddie-mac-in-upheaval-as-trump-administration-considers-privatizing-mortgage-giants

Fannie Mae & Freddie Mac In Upheaval

As Trump Administration Considers

Privatizing Mortgage Giants $FNMA $FMCC https://t.co/fgmEYR09jr via @Benzinga— Cmdr Ron Luhmann (@usnavycmdr) March 21, 2025

I was only trying to make a point. Your opinion without any facts is as useless as me posting to the moon without any data.
As for me trying to be smarter than others, I’m as stupid as the next.
I found it funny though that you didn’t post anything to validate your point except freedom…shaking my head. Now you can interpret that as aggressive. Lol
Fnma

So much to unpack regarding your post. But time and hard won wisdom has taught when not to engage in futile debate with someone who thinks that their intellectual superiority cannot be challenged. Evident by the aggressiveness and condescending context you spewed. So, having said as much, I'm ready for more aggressive and condescending comments from you though, as aforementioned, it will be on a "read only" basis.

BTW: I don't need to prove my opinion to you or anybody else. It's my opinion and, for now anyway, we still have First Amendment rights.