Fannie Mae (QB) (FNMAJ) Quote

And let us not forget Neo's GSE Corollary ...
Governments can remain corrupt longer than you can remain invested and liquid

https://x.com/GuidoPerei/status/1872066180695171313

A negative story about Donald Trump in the mainstream media. What a shock!

Mike SP
1:23?PM (1 hour ago)
to Fannie and Freddie Preferreds and Commons Message Board
Trump’s Pick to Lead Federal Housing Agency Has Opposed Efforts to Aid the Poor
https://www.propublica.org/article/scott-turner-hud-nominee-trump-public-housing-texas
Re: Scott Turner

Buddy, you are so full of it, stink can’t empty your verbal septic tank. Those skateboarding without a helmet accidents keep adding up, stay away from 5 degree inclines.
Funny how you went from 0.05 to 1$ with your alter ego jooazz.
Fnma

YUP
Now just reduce regulation ---- get the GOV away - and we can have an implosion all over again

Banks are getting TOO "innovative" in their greed and we will get to see if DJT knows what to do

just shove your head in Sandra's @ass as you been doing this past 4 years.
Stop trying to be smart when you clearly are not.
I predicted Trump Trade after Sandra's appointment 4 years ago when you were busy sniffing her farts.

Congratulations Glenn, Merry Christmas!! and wishing you the best for the New Year!! All of your advocacy over the last decade hopefully will be well compensated in 2025!! Love your website and Thank you for maintaining it all these years>

So, your fear mongering of 3.50 is basically moot. Just sayin. JMO

It might as well be a 10.50 wall cuz 3.50 will be a dot in the rearview upon a murmur. JMO

well, i wasn't forced to sell at lower prices, i was buying at lower prices... so there is that, make me the poster of capitalizing on irrationality that persists and increases for 9 years

at first, it was me that was irrational, but at the end of the day today and moving forward, it is not me that is irrational,

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes"

I've always regarded Bradford as the poster child for this famous quote.

Nats

You must be right, of course, as its in bold.

Nats

Merry Christmas to all and to all I wish you a great day!!!!
EXO

Yo, Alongz and Arnold have been right every time so far.

never for over a decade

these estimates are way off

after the supreme court ruled --- misinterpreting the law --- and the 2019 retention of earnings --- the only outcome was recap and release --- and i had to quit my job w-2 to roll my 401k into this as well as then started doing contract work to buy more pre-tax--- working harder 2021-present than ever before.. i've been accumulating shares as fast as i reasonably can without trying to change what i'm doing --- aka go into sales or something to try to leap frog --- mostly just salesforce development contracting -- which is all hourly based --- and i've been putting in hours mostly out of embarassment of 2014-2021 where the tide went out on a good trade and i needed to pull myself up by my boot straps and get this show on the road ---and as good as this christmas is, next year is going to be even better. merry christmas

PPS should be $325/share

Are these amounts being spent directly related to FHFA and is FHFA actually needed? Could any of the 17.2B be shifted towards a cap and release plan?


Great question - I don't know - but $3.6B of this are labeled as purely admin. (Fannie)

Administrative expenses:
Salaries and employee benefits (1,906)
Professional services (850)
Other administrative expenses (848)
Total administrative expenses (3,604)

Seems kind of high to me.

Nats

Merry Christmas and Happy Hanukkah everyone.

Incorrect, Three Fifty Wall remains intact.

At a glance

It would appear that both Fannie and Freddie has a combined operating expense of 17.2B.

This begs more questions as to the amounts of monies being questionable spent to allow FHFA to continue its quest.

Are these amounts being spent directly related to FHFA and is FHFA actually needed? Could any of the 17.2B be shifted towards a cap and release plan?

Freddie:

FMCC $2.60 (?0.76%) Federal Home Loan Mortgage Corp | Google Finance

(USD) 2023 Y/Y CHANGE
Revenue 22.10B 13.79%
Operating expense 8.90B 13.85%
Net income 10.54B 12.98%
Net profit margin 47.68 -0.71%
Earnings per share -0.05 -101.73%
EBITDA — —
Effective tax rate 20.16%

Fannie:

FNMA $2.64 (?0.38%) Federal National Mortgage Association | Google Finance

(USD) 2023 Y/Y CHANGE
Revenue 31.94B 30.19%
Operating expense 8.31B 9.09%
Net income 17.41B 34.71%
Net profit margin 54.51 3.47%
Earnings per share 0.00 —
EBITDA — —
Effective tax rate 20.71%

when was anyone right. GSEs are nothing more than a gamble period!


Since even a broken clock is right twice a day, even Nats may (I say may) be right once every 16 years and Nats wife is always right - although she does not have an opinion on the GSEs.

Years ago my dad told me - "I don't like to give advice - and I don't think I have ever given you any. But, to succeed in life, you need to know 2 things:

Regardless of the situation - home, school, work, social life and even sports - whether you are dealing with your mother, wife, sister, grandmother, great grandmother, girl friend, fiancee, mother-in-law or just some random women - the correct response to any request or question they may ask you, or any argument you may get into with them is either "YES MA'AM!" or YES MA'AM YOU ARE RIGHT!" Even if they are wrong."

I've come to live by this rule.

Nats

$30 if spspa is written down and $80 if free warrants are sold back to the GSEs at $1.

Close - I still generally agree with the Ackman model where he says about $47 with the $2B/yr dividend for juniors turned back on.

The Nats Utility Model shows $30B net income results in $20B available for us peons and $10B to feed the kitty. The juniors get their $2B cut off the top and the 9B commons divi up the remaining $18B. Giving the old people their traditional 5% dividend they demand regardless of whether the 1 yr TBill pays 1% or 10%, results in a stock price of... (wait a minute as I have to grab my $15 Target calculator) ...enough to buy 2.66666666666 Target calculators per share. Since mine is over 5 years old I am hoping they have added the square root function to the new ones (not that I would ever use it, but it sounds impressive if you know what its for).

This is all predicated on shitcanning the seniors - which I am semi-counting on (as a holder of both common and juniors as don't want to have all my eggs in one 16 year old basket). If not, the commons go below the Ackman Mendoza line and I don't get a new calculator with the square root function.

We will see. I still say EO, maybe in the first 90 days - but will probably be a general statement something like "We are fixing to release the GSEs" (written by JD Vance, of course if you don't recognize the hand of the author).

Merry Christmas and a prosperous (as in GSE release) New Year to all!

Nats

I believe Trump owned FNMA and had to sell when he became # 45. Daddy knows the story !

Come on man, when was anyone right. GSEs are nothing more than a gamble period!

Buy a house in San Diego and make some real money

Fantasy land Amigo

There's our resident good luck boy!!

Remind us again when was the last time you were right about *anything* ? For years your stupid prognostications have been on par with the ones from AlongZ.

Just go away...

Merry Christmas to all and to all a good night!

Merry Christmas to all. Our time has started at $0.3 not too long ago and will keep coming. My timeline is 2 months after DJT in office, we will see another WH Memo to release the GSEs. 2025 will be a big booom to the GSEs shareholders. 

I believe it should reach greener pastures of $4+ in late Jan 2025.
Until then lots of consolidating and scare tactics, fake reports to capture shares from the weaker hands.
Merry Xmas, Prosperous & Happy New Year to everyone holding FnF.
Enjoy your precious time your family & friends.

Will see changes any minute. 

$30 if spspa is written down and $80 if free warrants are sold back to the GSEs at $1.

$10-15 if spspa is written down and declared paid back, $1 if converted

Temporary Indefinite still enforce!

Santa doesn’t come until Jan 20 for FnF.
And Exarepee.

....This is what the general public sees and believes. And they continue this narrative to say that the Twins were insolvent.

Anyhoo~

Everyone have a Great Merry Christmas 🎄🎄🎄🎁🎁🎁.

Merry 💚 Christmas to all $FMCC~ $FNMA~ packers. Lump of Coal going out to JOoa0ky, and all Shawties

If he does that, Greenland would belong to Fannie Mae and Freddie Mac.

Enough already! No more using FnF for pet projects.

How Pithy, Real Pithy

Commons are so far away from the Three Fifty Wall that I need binoculars to see y'all.

No, the Networth sweep was not ruled as legal or illegal... Need to get this straight! The SCOTUS did not say the FHFA can steal the companies for the Treasury. Quit spreading lies.

All the lawsuits challenged the actions of the Conservator within the terms of the SPSPA... AND The Supreme Court basically said we will not rule or give Judgment are act as an arbitrator on the contract the SPSPA. So, the NWS was not validated as legal or illegal by the Court: The Court dismissed the lawsuit.

SPSPA which is a contract. 4617f bars courts from questioning the actions of a conservator.

I agree with Bald, the 2008 crash was caused by Banks, not FnF. Banks wanted a piece of FnF’s action but didn’t want to be under their restrictions.

Stockcharts has $FMCC~ closed @ $2.64 UP $0.03, +1.15% and $FMNA~ closed @ $2.65 UP $0.03, +1.15%

IHub showing late T trades

Merry 💚 Xmas to all, and to all a good night.

They're just making the economic argument
"In certain communities, sky-high insurance premiums and unavailable coverage will make it nearly impossible for anyone who cannot buy a house in cash to get a mortgage and buy a home," the Senate Budget Committee said in the report.
to release $FMCC~ $FNMA~ from bondege.

None of the underlying causing w/ the subprime loans are here now...

Krab stop farting, it will be green.

You as well Fence, perhaps the GSEs see some meaningful gains soon.