Fannie Mae (QB) (FNMAH) Quote

They're having a seizure of
Corruption and Incompetence

whatever happened to the seperate account and on presidents desk spokesperson? i don't visit this forum much so i must have missed the news.

The New York Stock Exchange observes U.S. holidays, so the stock market will be closed on Labor Day

not sure i agree, and i recommend reading mark calabria's book

to close any door that may have been accidently left ajar by the fellow travelers and the masochist's are laughing at the fannie mae and freddie mac shareholders. 16 years. $2100 down to $0.40.

Why? Simple. Because they're
incompetent and sick.

Why would the Harris Campaign hire the same scoundrels responsible for the Net Worth Swindle of Fannie Mae & Freddie Mac equity as Housing Advisors? https://t.co/3OAlotP7Qq— Guido da Costa Pereira (@GuidoPerei) August 31, 2024

either party have done nothing, both have been in power when they have been in conservatorship with lots of promises. here is your chance in about 60 days to fix it if you really believe in it. what are ackman, berkowitz busy in if they believe so as well?
do you know who will pay for this?
https://www.nationalreview.com/news/california-dems-pass-bill-to-give-illegal-immigrants-150000-home-loans-but-the-program-is-broke/

Patswil: you have to look at the source of her information. She hired the same scoundrels responsible for the Net Worth Swindle as her Advisors on Housing.

@FHFA @USTreasury & @WhiteHouseCEA officials caught plotting to subvert the US Constitution to finance pet projects not financed through Congress by swindling equity of Fannie Mae and Freddie Mac and keeping them in permanent conservatorship.https://t.co/CmxaieQoMa— Guido da Costa Pereira (@GuidoPerei) August 26, 2024

I said privitizing, not freeing

Wrong, privatizing FnF will add an additional $1200 to a mortgage

Just to be clear you think freeing FnF will add cost to a mortgage? IMO it will not. It will make having a mortgage cheaper.

My experts are advising me that the only one that will be releasing FNF will be DJT.

Wrong, privatizing FnF will cost an additional $1200

To simplify, Warrants will be canceled and Prefs will not rocket without Comms rocketing too. Receivership was off the table the day it was brought up. Because the administration back then didn’t want to see the National Debt add 1.5 trillion. Today it would be 7.5 trillion. A lawsuit will stay any attempt to release if warrants are exercised.

Are warrant and spspa still standing our way ?

To answer this question, then we have to ask ourselves two more questions.

1. 8-0 verdicts against warrant and spspa.
Is Lamberth done or has Lamberth finalize with final judgement on spspa yet ?

Answer: no

2. In the democracy of USA through a financial crisis, presidents never defaults to the bonds.
If presidents never want to default to bond , who gave Freddie Mac an authority to delist bond debt securities before the expiration date if 2025 ?
Who ?
Is it president ?
It's not president
Is it the court ?

You tell me......

Unfair SPSPA conversation will breach contract, breach good faith and fair dealing. If Government wants to get additional returns on the investment on GSEs, no matter Harris or Trump, rule of law and fairness should be observed, otherwise, more lawsuits will be filed, and government cannot get all the money it wants alone illegally.

To anyone new to this discussion.

The Senior Preferred Stock Purchase Agreement is a contract between two government agencies, FHFA / Treasury, which Fannie and Freddie had no say so. The only legal contract is the one with the U.S. Congress, called the Charter Act. The Senior Preferred Stocks are illegal because the Stocks have an illegal commitment fee attached to it. This commitment fee has been referenced as a dividend.

Neither the Charter Act nor did HERA authorize the Treasury to charge a commitment fee on a line of credit to be paid by the Enterprise. The United States prohibition on assessment or collection of fee or charge to Fannie Mae, (section 304 Fee Limitation). Only Federal Reserve Banks are authorized to be reimbursed of fees, (section 309).

SEC. 304. SECONDARY MARKET OPERATION

Fee Limitation

Quote: “(f) PROHIBITION ON ASSESSMENT OR COLLECTION OF FEE OR CHARGE BY UNITED STATES.—Except for fees paid pursuant to section 309(g) of this Act and assessments pursuant to section 1316 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, no fee or charge may be assessed or collected by the United States (including any executive department, agency, or independent establishment of the United States) on or with regard to the purchase, acquisition, sale, pledge, issuance, guarantee, or redemption of any mortgage, asset, obligation, trust certificate of beneficial interest, or other security by the corporation. No provision of this subsection shall affect the purchase of any obligation by the Secretary of the Treasury pursuant to subsection (c) of this section.” End of Quote. Page 16

Only Federal Reserve Banks are authorized to be reimbursed of fees, (section 309).

SEC. 309. GENERAL POWERS OF GOVERNMENT NATIONAL MORTGAGE ASSOCIATION AND FEDERAL NATIONAL MORTGAGE ASSOCIATION

Federal Reserve Banks to Act as Fiscal Agents (Fannie Mae and GNMA)

Quote: “(g) DEPOSITARIES, CUSTODIANS, AND FISCAL AGENTS.—The Federal Reserve banks are authorized and directed to act as depositaries, custodians, and fiscal agents for each of the bodies corporate named in section 302(a)(2), for its own account or as fiduciary, and such banks shall be reimbursed for such services in such manner as may be agreed upon; and each of such bodies corporate may itself act in such capacities, for its own account or as fiduciary, and for the account of others.” End of Quote. Page 29


Link:

FEDERAL NATIONAL MORTGAGE ASSOCIATION CHARTER ACT
As amended through July 25, 2019

link: https://www.fanniemae.com/sites/g/files/koqyhd191/files/migrated-files/resources/file/aboutus/pdf/fm-amended-charter.pdf

The Federal statutes are the Charter Act, the Safety and Soundness Act of 1992, as amended by HERA, Administrative Procedures Act, and potentially the Chief Financial Officers Act.

None of the current litigation makes any claims of violation of these acts. They all challenge the actions of the Conservator and attempted to squeeze the APA and the 5th amendment takings into the Actions of the FHFA-C within the terms of the SPSPA. all have failed to this point.

SPSPA which is a contract. 4617f bars courts from questioning the actions of a conservator. The stockholders’ statutory claims are barred by the Recovery Act’s strict limitation on judicial review. See 12 U.S.C. § 4617(f).

The Plaintiffs have to prove the FHFA / Treasury broke the law. The Plaintiffs made no mention of Federal Statute.

JUSTICE BREYER told the Plaintiffs how to win. Quote: “Thank you. I think in reading this you could, with trying to simplify as much as possible, do you -- the shareholders' claim as saying we bought into this corporation, it was supposed to be private as well as having a public side, and then the government nationalized it. That's what they did. If you look at their giving the net worth to Treasury, it's nationalizing the company. Now, whatever conservators do and receivers do, they don't nationalize companies. And when they nationalized this company, naturally they paid us nothing and our shares became worthless. And so what do you say?” End of Quote, page 12

The link may not work anymore, the above statement was made and recorded in the transcript.

Link: https://www.supremecourt.gov/oral_arguments/argument_transcripts/2020/19-422_3e04.pdf

Don’t believe the fake Pulse and there is no chance she will release FnF.

66 days now.

If you were paying attention this week, you heard which person thinks releasing FnF will add $1,200 to the cost of a mortgage. She will not release FnF.

Standing in your way:
1. Warrants
2. Spspa
3. Capital requirements

agree. its been so long and so many crazy lies and rumors and fantasies its almost impossible for anyone to believe PsKTCarneyCircusClowns and non shareholders. They distort the truth and take facts our of context and make their own reality, u know, Receivership type stuff even congress knows they cannot do back then. the worst offender of conservatorship was not even appointed, he was interim and just put there to do dirty work that is still to this day illegal and unconstitutional or whatever u want to call not compliant with HERA. They Hid 10,000 documents and called them classified so they could steal for Obamacare, and claimed it would destroy the economy if anyone knew. It was scum hiding their deeds in the darkness, and the ones still beating that Drum, supporting and defending it all with cap stack and commons to 10c, are just as guilty as sin

Just trying my best to explain the post election possibility of action here

Really? After being wrong for over a decade and sniffing Sandra’s farts for last 4 years you really think you can explain anything? You should really handover any money you have left to someone financially responsible

FNMA/FMCC
Nothing bad happening with Fannie or Freddie - you night say they're
getting a second wind, building up their appeal, prepping to again
become Shining Stars.

One more thing !!
It's called power of attorney.
Federal reserve appointed Black rock to purchase, sell, convert, exchange and so on..

Pps should be $325 per share.

To prove that patswill correct, we need to do our own research by digging deep down further.

What is MBB ?
Who own this MBB ?

About MBB

Fund Home Page 

The iShares MBS ETF (MBB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade mortgage pass-through securities. The index includes fixed and floating rate securities issued by GNMA, FNMA and FHLMC. MBB was launched on Mar 13, 2007 and is issued by BlackRock.

By looking at the holdings, then we will clearly see who is owning.
https://stockanalysis.com/etf/mbb/holdings/

Please you should be able to do your own DD.

Lol

Lol

This person the kite flyer skateboarder is the worst of the worst. It really does not get any worse than this. He is definitely not invited to our Las Vegas party. I am officially in charge of the invitation list and he will not be on the list. I will make sure of it.

Brad, do you have a conscience my friend? It was brought to your attention in your article you published an untruth. Did you correct it? It’s one thing to make a mistake in one’s understanding of the truth; continuing to allow the publication of misinformation to continue is a lie now. Trying to help you.

Agreed

The contract claims— lamberths court— two quarters on the $25 par value jps

The legal front is largely disappointing.

This is not a takings in the cofc. This is legal via apa. Sure so they breached our contracts, but the pending litigation screwed up the damages model which is — so my view is the lawsuits are a joke.

If you disagree post your thoughts in the article comments for other readers

Thanks though!

Just trying my best to explain the post election possibility of action here

Barron, file your lawsuit already.

Otherwise don't expect others to believe in something that you don't even believe in.

@Rodney ... the dude is willing to lie in a website article for everyone and all eternity to see about how he acquired all those shares - you think he gives a $hit about correcting his article? (emptied out his 401k ... yeah, right, gimmie a fawking break ...

Oh wow. Sherwin Williams strikes again end of day. I believe he does it on purpose just to annoy me.

Brad, do you have a conscience my friend? It was brought to your attention in your article you published an untruth. Did you correct it? It’s one thing to make a mistake in one’s understanding of the truth; continuing to allow the publication of misinformation to continue is a lie now. Trying to help you.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175003458

-when they stop lying and be truthful.
-when they stop the gag order placed on fannie freddie employees, ceo
-when they stop censorship like on ihub
-when they do not get scumbags like demarco, calabria, mnuchin.
-when they realize taking retirement and education money is a sin.
-when they realize it has been 16 years.
-when they realize $2100 down to $0.40 with missed opportunities due to money locked in. companies have market cap of trillions while we are in negative
-when they realize it is hard to live with rampant inflation when even junk food like french fries cost close to $5.00 and realize taking away all of the earnings as net worth sweep is unethical.
-when they realize that building houses for undocumented illegals is not ok when you confiscate hard earned money from multiple jobs.
https://www.politico.com/news/2024/08/26/california-undocumented-immigrants-homes-00176253

Crappy day crappy week crappy month crappy year crappy crappy crappy.

Will Lamberth’s certification come after markets end on a three day Labor Day weekend?????

Recent GSE skateboarder highlights haven’t included any GSE 0.05 commons pps. Hmmm, haven’t forgotten any of that malarkey.
Keep fnma wheeling.

If only we could “certify ” the judge to a quaint retirement home. He’s taking the longest time to do his f’n job. He gets 0 pressure from any kind of dept because no one is held accountable for anything. The incompetent “ I didn’t know” excuse is used and perfectly accepted.
Shaking my head at this absurdity.
Fnma

He's a company man.

All gains gone. Gone with the Wind. Gonzo. Gone I say. The Lord giveth the Lord gonzo it. Dog gone it. Pretty soon we will turn red. Pretty soon we will all get old. Pretty soon we will all croak. We will be goners.

ALL ABOARD…! $$$$$$$

IT’S TIME…

Glen Bradford , Seeking Alpha Hot Of The Press:


“Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two government-sponsored enterprises ("GSEs") that have been in conservatorship since September 6, 2008. Hank Paulson and Dan Jester led Treasury's efforts to seize the companies and restructure their balance sheets to inject capital via the SPSPA, an agreement that was put in place after they were put in conservatorship that relied on FHFA's discretionary accounting authority to write down GSE assets to support the narrative of the enterprises needing capital.

In a world where it surely becomes inadvisable to hold the enterprises captive in conservatorship when their net worth eclipses their ERCF capital requirements, and where the Republican Party at large supports the end of conservatorships, my strategy is to continue to accumulate the junior preferreds (OTCQB:FMCKJ) at a discount to their intrinsic value. Fannie and Freddie have more net worth than ever before in history and a stronger earnings profile than ever before in history. They are safer than ever before in history. The acting CEO of Fannie Mae indicated that someone doesn't know how to take a victory lap by ending the conservatorships. I couldn't agree more.”

I think it's time, in fact overdue, for An Extraordinary Writ
to force him to certify this 8-0 Verdict and distribute now

You are right, reporters should the prez what is going on with the GSEs…but then when was the last time anyone answered any live questions.
Fnma
Wasn’t he at the beach the past 2 weeks.

Many things may contribute to when.

Courts, Congress, FHFA, Treasury, H.R. 5549

GSE companies …

Exp Warrants

Current elections

i agree, the end of conservatorship is just a matter of when.

what do you think are the contributing factors for determining when?

thanks for sharing your thoughts

Make sure you blow into the right end

Go, Fannie and Freddie, Go