Fannie Mae (QB) (FNMAL) News

Amen brother Wings! Hey are you still flying or did you retire?

I find myself this morning hating that it’s the Weekend. Damn we were printing money going into the close. 🤑🤑🤑

You should put those glasses on your butt*ole, you'll probably read and see better one eyed. My (free) advice dor the day. 

Why is it now the corrupt regime? Current corrupt regime starts to talk about F&F out of Cship. Why didn't they do the last 4 years? Oh, I forgot crooks don't give a damn about F&FSH. Crooks regime, your day is numbered. Your last minutes just try to stir the pot before DJT takes the office. Fool no one; your crooks. I hope DOGE will abolish FHFA and FDIC and fire all inept current crooks in charge. Again, thank you, DJT, 47th POTUS, and you make the crooks their last final straw runs like a chicken without a head. God bless DJT and MAGA. Crook regime no issue to support the wars at the expense of taxpayers, billions of billions, but release F&F back to private holders to the last minute with many BS. 

F-U along, the public demands cousin Arnold! 

VEGASSSSSSSSSSSSSSSSSS !!🚀

Count me in !!!!

A long time coming !!

Preferreds yes, dont know for commons yet.

very unlikely based on the procedure that they prescribed 

Hope Full investor hope so.

Hindenburg is down on them and shorted them. Not a bad move.

National Assoc. of Home Builders

The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury on Jan. 3 announced amendments to the Preferred Stock Purchase Agreements that govern the conservatorships of Fannie Mae and Freddie Mac (the Enterprises).

The amendments set out a process meant to ensure a smooth transition from conservatorship and reassure stakeholders that the Enterprises’ eventual release from conservatorship will minimize disruption to the housing and financial markets.

The updated agreements between FHFA and Treasury require the Enterprises to meet the capital requirements previously established by FHFA and restore the right of Treasury to consent to the termination of their conservatorships.

Additionally, FHFA and Treasury have agreed that FHFA must seek public input on conservatorship termination options and potential effects of termination on the housing market to present to Treasury before requesting consent.

In a press release, FHFA said that these changes provide Fannie Mae and Freddie Mac with more flexibility to better support access to homeownership and rental housing.

Letter Agreement from Janet Yellen: 16 pages

https://www.fhfa.gov/document/letter-agreements-and-side-letter-executed-by-ust-and-fhfa.pdf

Wrong forum

JMO, more like dividends of $0.50/quarter after the dividends are turned ON and then may rise higher in the years later.
All depends on the terms of the release, how much money is returned back to FnF, housing markets, economy, etc, etc.

Why haven't we seen  BLUE or QATAR OIL MONEY yet this week?

Nerdy1

Re: krab post# 810068

Friday, January 03, 2025 10:51:09 PM

Post#
810074
of 810083
Can you please add me as well? I know I don’t post a lot, but I am a long time lurker and have owned since 2010, I am looking forward to this finally being released
Please add "Nerdy1" to the list

I have forward your request to 'detearing'. He was our original leader for the Vegas get together, until the crooked, culprit BO started stealing for his Obamacare and other wishlists programs.

Posting from Yahoo FNMA board:
I think Joe will release the twins before Trump takes office. Just to take credit for their comeback

Me too, been around since 2008

I’m still here, & was on your Vegas list!
Great day for us.

Depends if he exercises the warrants. If he cancels the Seniors, LP, and half of the warrants then Mara Lago it is!!!

Only in bankruptcy. Obviously, that isn’t going to happen so commons are going to continue on their upward trajectory to $70.

This is a careful what you wish for, I don’t want FnF to be relisted yet, it will be exposed to Halts and short attacks by Short Sellers. Right now it’s not.

So I just checked to see what was the highest stock on the OTC from what I noticed Hermes is currently $2200 (HESF) and is on the OTC which means FNF could technically sit here for a long time before even being considered for uplisting. Unless theirs a weird incentive that may push them to uplist I don't know about! 

TP is a fool

Can you please add me as well? I know I don’t post a lot, but I am a long time lurker and have owned since 2010, I am looking forward to this finally being released

Paid off, I meant, obviously, yes. Thanks

Mar a lago much more appropriate

Its hard login on it schwab and takes for ever to get your funds transfered.

We should celebrate at Trump hotel in Vegas. Fitting end for all of us; plus help our MAGA President. I can even drive Navy from San Diego, I was a good Navigator on subs.

$2.50 quarterly dividend.

More Victorious... Vegas after the FnF Release and then placed on the NYSE board, both milestones are approaching fast.
P.S. Addme to your list to attend.

Hi Semper....
Very well said. We are very fortunate how this is unfolding for us.

Thank you for sharing.

Michael 

YOU ARE CORRECT !

Quote:

I guess they will have to negotiate conversion series by series. Different conversion rate for each series? and not just based on interest rates .

End Quote:

Because each series has it’s own div % and amount of shares then yes each one will have to be settled differently.
BUT there’s no reason to ! It would just delay the release while they negotiate with all JPS holders and that could drag out for months.

If Bill Ackman is right and the GSE’s get released somewhat like he stated then knowing that why would any JPS holder want anything less than Par ?

https://www.quantumonline.com/ParentCoSearch.cfm?tickersymbol=FNMA

That's the scenario I think is most likely-and release from conservatorship after step 1 or 2.

It's been 13 years since I bought my first FNMA shares, and I've been WAY underwater the last few years. You how great it's gonna feel when that happens?

$4.50 5,000 form t - Late trade

iHub FNMA closing price $4.465 is correct.

JPS don't get cancelled or converted they get left alone . Both companies can't convert them without holders agreeing and I for one will say NO

The companies don't need to do anything to them nor see the point in wasting time and money changing status qoe!

When the companies get released and up listed there's some levels need to be checked off the list .

IPO to rise $ for the 2.5% buffer
Dividends turned back on for JPS

If Dividends are going to be part of the common shares then they would get turned on after the IPO

There's lots of moving parts and at this point it's a guessing game for now until we get a plan from the DJT administration on a plan.

Sure you did, we all bought at exact lows, lol

NYSE is the Sensible choice! 

They would have to make steps first .

1, Statement from Gov LP and SPSA are written to $0
2, Warrants converted to common for Gov to sell off over time 
3, up list to the NYSE
4, IPO to raise capital for the revised 2.5% buffer 

Very mean my GSE brother. I have feelings and am a big GSE supporter.

No dividend discussion until shareholder elected BOD is seated.

What is everyone's opinion on if or when dividends may be restored and if so what much would we be looking at in dividends?

What is everyone's opinion on if or when dividends may be restored and if so what much would we be looking at in dividends?

Preferreds are callable
Not convertible

Preferreds don't get canceled they get paid first....then commons

Release now certain, warrants&preferred not. What Pagliara said makes sense. Starting up dividends would make the warrants worth more on open market than they would be without dividends.

But as far as I known there’s still a lot of uncertainty regarding whether the preferreds and/or warrants will end up being canceled.

Love it. Congratulations, man!

Yes, I too understand that but WTH is with the premarket stuff? 

Yes. I thought it was just me for a while when there were all kind of errors popping up in the balance and closing prices and lag time populating between different chart views while trying to execute a trade. Pissed me off. Someone attributed it to GSEs not being exchange traded and being OTC. IDGAF. Schwab takes my transaction fees without any error or delay. Seconds can cost thousands in profit. Taking profits and buying back intraday on a technical pullback shouldn't be this hard. It's definitely an issue with Schwab's platform.