Federal Home Loan Mortgage Corporation (QB) (FMCC) Quote

Does anyone have the ability to find out her previous salary info and why she would take this job for reduced pay?

Maybe things are changing soon with gse’s?

I know overly optimistic thoughts

But would be useful

Let’s hope she is good news for reality checks and pushing to get out of conserve. But as we all know, it’s an agenda, with hate and stealing.

Freddie Mac Names Industry Leader Diana Reid CEO

September 10, 2024 9:01 AM EDT Tweet Share E-mail

Transition to take place immediately !



MCLEAN, Va., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that its Board of Directors has selected real estate and financial services industry veteran Diana Reid to serve as the company’s chief executive officer (CEO), effective immediately. Ms. Reid also will serve as a member of Freddie Mac’s Board of Directors. President and Interim CEO Michael Hutchins will continue as the company’s president.

Ms. Reid brings more than four decades of banking, real estate, capital markets and affordable housing experience to Freddie Mac, most recently serving as an independent director and advisor to several organizations. She spent nearly 12 years leading PNC Financial Services Group, Inc.’s real estate business division through the financial crisis and on to a period of significant growth.

“I am pleased to announce that Freddie Mac’s Board of Directors concluded its comprehensive search and selected Diana Reid as the company’s next CEO,” said Lance Drummond, non-executive chair of Freddie Mac’s Board of Directors. “Diana’s proven track record and vast experience in housing finance, real estate and capital markets make her an excellent choice to further Freddie Mac’s mission-driven work. I have the utmost confidence that she is the right person to take Freddie Mac into the future.”

Drummond added, “On behalf of the Board, I thank Mike Hutchins for his leadership as interim CEO, which provided necessary stability and continuity for Freddie Mac’s important work. We are delighted to benefit from his continued leadership as the company’s president.”

Prior to her executive role at PNC, Ms. Reid founded Beekman Advisors, where she provided real estate finance company owners, CEOs and boards strategic advice and M&A execution. She spent nearly 20 years at the investment bank formerly known as Credit Suisse First Boston in Mortgage Trading, Debt Capital Markets, and Financial Institutions Advisory.

“It is an honor to join Freddie Mac and lead the company as it carries out its vital role in the housing finance market,” said Diana Reid. “I look forward to working with the Board, management and my colleagues at Freddie Mac to continue and expand the company’s contributions in providing liquidity, stability and affordability for housing in communities across the country, and to ensure the company’s safety and soundness for the next generation.”

Diana Reid is a member of the board of directors of Welltower, Inc. (NYSE: WELL), the advisory board of Pittsburgh Opera, and a founding board member of The Denyce Graves Foundation. She earned her Bachelor of Science degree from California State University and her Masters of Business Administration degree from University of Virginia’s Darden School of Business.

About Freddie Mac
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT: Christopher Spina
703-388-7031
Christopher_Spina@FreddieMac.com

FNMAS up 9%, out done commons but both are up, yippie.

Trump Pledges to Outlaw Censorship in America & Fire Every Federal Employee That Helped Big Tech Surveil & Silence Americans Over Last 8 Years

Trump Promises Free-Speech Executive Order, Will Fire Bureaucrats Engaged in Censorship

Got me! But I'm sure with the Polls looking like a win for fannie & freddie shareholders one can only hope this will continue to build as we get closer to the election.

Contact John Deaton as he just won the nomination and now goes on to DEBATE FRIGGIN’ ELIZABETH WARREN for her Senate seat. Give him all the sorted details of
her alleged involvement in this sham fraud? The moment is here, no more I-hub wailing wall. We can do this.

We are cleared for takeoff ! Lmao, not again !

Who in their right mind would not want Elon Musk to lead a team to audit the governement! That should be the biggest story of the month. The free wheeling, spend crazy bureaucrats must be going into corners, shivering and shaking, knowing an audit is coming, lol. Imagine all the useless, senseless and crony spending projects that will be revealed! On both sides of the fence.

John Paulson @ 8:10 mark he talks

privatization of Fannie & Freddie & more

$FNMA $FMCC Start at 8:10 Mark- John Paulson on Backing Trump, Fannie Mae Freddie Mac Tax Rates, Fed Policy - YouTube https://t.co/DPVWcIVVAZ— Patrick (@InvestIt3) September 5, 2024

CEO Fannie Mae ..



https://www.connectcre.com/stories/walker-webcast-fannie-maes-priscilla-almodovar-discusses-housing-affordability-gse-perception-and-mortgage-rates-with-host-willy-walker/

From the CEO of Fannie Mae: How Sound is Fannie Mae?
Fannie Mae has been in conservatorship since 2008, following the housing crisis. But Almodovar said that today’s Fannie Mae differs from the one before the Great Financial Crisis. For one thing, the agency’s development of…— Tim Pagliara (@timpagliara) September 5, 2024

Freddie Mac Announces $233 million Non-Performing Loan Sale
(stronger everyday )
Includes two Extended Timeline Pool Offering Targeting Smaller Investors

September 4, 2024 10:01 AM EDT



MCLEAN, Va., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $233 million in non-performing loans (NPL) for sale via auction. The NPLs being offered consist of seasoned, deeply delinquent residential first lien whole loans held in Freddie Mac’s mortgage-related investments portfolio. The NPLs are currently serviced by Select Portfolio Servicing Inc., Newrez LLC, d/b/a Shellpoint Mortgage Servicing or Nationstar Mortgage LLC, d/b/a Rushmore Servicing.

The NPLs are being marketed via three pools: a Standard Pool Offering (SPO®) and two Extended Timeline Pool Offerings (EXPO®), which target participation by smaller investors, including non-profits and Minority, Women, Disabled, LGBTQ+, Veteran or Service-Disabled Veteran-Owned Businesses (MWDOBs).

Bids are due from qualified bidders by September 26, 2024 for the SPO pool, and October 10, 2024 for the EXPO pools.

All eligible bidders, including private investors, MWDOBs, non-profits and neighborhood advocacy organizations are encouraged to bid. To participate, all potential bidders must be approved by Freddie Mac and successfully complete a qualification package to access the secure data room containing information about the NPLs and to bid on the NPL pool(s). The bids are to be made on an all-or-none basis for any pool. The winning bidder for each pool will be determined on the basis of the economics of the bids, subject to meeting Freddie Mac’s internal reserve levels, at Freddie Mac’s sole discretion.

Advisors to Freddie Mac on the transaction are Citigroup Global Markets Inc. and First Financial Network, Inc., a woman-owned business.

Freddie Mac’s seasoned loan offerings focus on reducing less-liquid assets in the company’s mortgage-related investments portfolio in an economically sensible way. This includes sales of NPLs, securitizations of re-performing loans (RPLs) and structured RPL transactions. Since 2011, Freddie Mac has sold $10.3 billion of NPLs and securitized approximately $78.6 billion of RPLs consisting of $30.4 billion via fully guaranteed MBS, $35.5 billion via the Seasoned Credit Risk Transfer (SCRT) program, and $12.7 billion via the Seasoned Loans Structured Transaction (SLST) program. Requirements guiding the servicing of these transactions are focused on improving borrower outcomes and stabilizing communities. Additional information about Freddie Mac’s seasoned loan offerings is available at
http://www.freddiemac.com/seasonedloanofferings/.

The financial and other information contained in the documents that may be accessed on this page speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.

Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT: Fred Solomon
703-903-3861
Frederick_Solomon@freddiemac.com

TEMPORARY INDEFINITE !! Can you dig it ?

Junk now is junk later!

I'd like to point out a couple of things about this letter DJT wrote to Senator Rand Paul back in 2022.

DJT knowedged that the large % of Fannie & Freddie investors were everyday US citizens retirement savings etc. I took another look at it and wondered a few things.

Quote:
((((Federal Housing Finance Agency (FHFA) to steal the retirement savings of hardworking Americans who had invested in Fannie Mae and Freddie Mac.))))

Quote:
(((((The idea that the government can steal money from its citizens is socialism and is a travesty brought to you by the XXXXXXXX ad ministration.))))))

If DJT gets a 2nd term and within a year in the position to release Fannie & Freddie one must ask if he would want to release in a way it didn't steal anymore $ from shareholders or wa this letter just ( Lip talk)

Quote:
((((My Administration would have also sold the government's common stock in these companies at a huge profit and fully privatized the companies.)))

If he is a man of his word then is this going to happen this way??? Cash in the warrants, sell to certin people aka (Warren Buffet) why is Buffet selling large holdings of stock and getting cashed up???? Reports say he has around $350 million in cash. Has anyone found any DD on him and DJT or the future admin having meeting s etc???
https://www.fool.com/investing/general/2014/04/28/warrenbuffett-on-fannie-freddie.aspx

https://pbs.twimg.com/media/GWjabfqXAAEADQ3?format=jpg&name=large

Dream Team for Housing Fannie / Freddie

Tim Howard FHFA & John Paulson Treasury

$FNMAS $FNMA https://t.co/s6gFEo5SSV— Jarndyce Jarndyce (@JarndyceJ) September 2, 2024

but what about Capital fracking, or was that stacking, cant remember, and yes the old SPS death spiral financing and unconstitutional HERA violation of taking every penny they earn crapola. what a scam to make any good corporation look illiquid

The twins are over capitalized now. The only reason they are still building money s so one group other the other can manipulate another robbery at some point. They're not be held accountable now by Judges or the public, so what will change that?

Fannie Mae / Freddie Mac 2015 Flawed Analysis Paper

Will John Paulson be NEW TREASURY SECRETARY ??

2015 paper FLAWED Analysis - ... " the ability to pay dividends could play a crucial role in raising capital, accelerating GSEs' path to full capitalization. Therefore, the 2015 paper's analysis is outdated & DOES NOT REFLECT the current state of Fannie Mae and Freddie Mac. " pic.twitter.com/TyT9Oqwm7g— Cmdr Ron Luhmann (@usnavycmdr) September 1, 2024

Thanks Rick but no thanks.

IT’S TIME…Hot Off The Press,

Glen Bradford Seeking Alpha…

“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.”

Dear Benzinga,

Can you please draft a GSE hit piece and dont plagerize shit from 2015.

Regards,

GSE Ihub Shorts (aka Assholes)

Strong BUY! Extra, Extra,.. Yahoo and Benzinga Produce Worse GSE Hit Piece Ever Plagerizing Material From 2015! Baaaahaaaa! $$$$$

Viking for president. Viking for Treasury Secretary. Hip hip hooray. Hip hip hooray.

2 more months. We shall see if F&F still under communist control or liberate by 47 POTUS DJT and the c r o oks in charge will soon looking for the new jobs. Time will tell and it is up to your guts. All I want good holidays for both common and prefer SH. Billion for wars no issue but fought toes and nails to keep F&F in Cship by the crooks and big pig fat crook judge. Only DJT can be able to resolve F&F SH issue one in for all. Good luck to all.

In two and one half years at the current 6 percent interest. The GSEs will be making $13 billion a year in interest only. That’s half of their annual retained earnings in interest only. At that time they will be able to release themselves from the conservatorship!

The largest story not being told is that at 6 percent interest the GSEs are making $8 billion per year in interest only combined!
So, other naysayers and bankruptcy story tellers have not a leg to stand on! When you add in the interest just from the retained earnings, the GSEs are projecting $25 billion a year in net retained earnings combined.
This is why the CRT program is nothing but a disguised heist of GSEs funds to go to liberal leaning backers! The GSEs Don’t Need CRTs!!!!

Thank you! I have lost track. 142 billion is way more than enough to release both GSE. That capital is a giant piggy bank to some though. Sharholders being held hostage, no dividends, no recourse is extreme criminality being practiced by the governement.

FNMA: Fannie Mae posts biggest increase

in guaranty book of business so far in 2024

FNMA: Fannie Mae posts biggest increase in guaranty book of business so far in 2024https://t.co/J9AEiRBIuA— Cmdr Ron Luhmann (@usnavycmdr) August 29, 2024



Fannie Mae (OTCQB:FNMA) experienced the biggest compounded growth
rate for its guarantee book of business so far in 2024, climbing 2.0% in
July vs. June's 1.3% ascent, the government-sponsored enterprise said
on Wednesday.

Conventional single-family serious delinquency rate inched up to 0.49% in
July from 0.48% in June, and the multifamily serious delinquency rate
ticked gained 12 basis points to 0.56%.

As of July 31, 2024, Fannie Mae's (OTCQB:FNMA) maximum exposure
to Freddie Mac collateral that was included in outstanding Fannie Mae
re-securitizations was $206.8B.

Has she ever done anything? why would anyone expect anything out of her other than lies and deception? who needs a pump and dump based on rumors about her doing nothing. Keep her current FHFA/Treasury dummies out of it. they dont understand the gains by releasing.

When and where did Kamala say that? Or are you throwing one liners out there again and hoping that they will stick to the wall?

142 billion combined.

That would be wrong. The Trump admin allowed the retention of capital. The twins would not have (what is it now?) 120 billion combined. The current administration and Harris campaign wants to use that capital and possibly warrant money for 50k mortgage give aways, along with rent and price controls - it's all been reported. Did you invest here to have your investment given away?

Kamala Said She Is Releasing The GSEs Before The Election…

Trump Had 4 Years And Did Not Do Shit.

We gotta wind them down is what Obama said.

Death Spiral Huh Obama ?

Gse’s are the biggest theft in history

Also the longest prison sentence after saving this country during the housing crisis

Many persons belong in prison for their role in this huge theft and fake accounting news etc

Release FnF

Go FnF

U.S. House Prices Rise 5.7 Percent over the Last Year;

Up 0.9 Percent from the First Quarter of 2024

for immediate release - 08/27/2024



Washington, D.C. – U.S. house prices rose 5.7 percent between the 2nd qtr '23
and the second quarter of 2024, according to the FHFA House Price Index.
House prices were up 0.9 percent compared to the first quarter of 2024.
FHFA’s seasonally adjusted monthly index for June was down 0.1 percent
from May.

“U.S. house prices saw the third consecutive slowdown in quarterly growth,”
said Dr. Anju Vajja, Deputy Director for FHFA’s Division of Research and
Statistics. “The slower pace of appreciation as of June end was likely due to
higher inventory of homes for sale and elevated mortgage rates.”

Significant Findings

-- Nationally, the U.S. housing market has experienced positive annual
appreciation each quarter since the start of 2012.

-- House prices rose in 50 states and the District of Columbia between
the second quarter of 2023 and the second quarter of 2024. The five
states with the highest annual appreciation were 1) Vermont, 13.4 %;
2) West Virginia, 12.3 percent; 3) Rhode Island, 10.1 percent;
4) Delaware, 10.0 percent; and 5) New Jersey, 9.9 percent.

-- House prices rose in 96 of the top 100 largest metropolitan areas over
the last four quarters. The annual price increase was the greatest in
Syracruse, NY at 14.2 percent. The metropolitan area that experienced
the most significant price decline was Austin-Round Rock-Georgetown,
TX at -3.2 percent.

-- All nine census divisions had positive house price changes year-over-year.
The Middle Atlantic division recorded the strongest appreciation, posting
a 8.5 percent increase from the second quarter of 2023 to the second
quarter of 2024. The West South Central division recorded the smallest
four-quarter appreciation, at 2.8 percent.

-- Trends in the Top 100 Metropolitan Statistical Areas are available in our
interactive dashboard:

https://www.fhfa.gov/data/dashboard/fhfa-hpi-top-100-metro-area-rankings.

The first tab displays rankings, and the second tab offers charts.

The FHFA HPI is a comprehensive collection of publicly available house price
indexes that measure changes in single-family home values based on data
that extend back to the mid-1970s from all 50 states and over 400 American
cities. It incorporates tens of millions of home sales and offers insights about
house price fluctuations at the national, census division, state, metro area,
county, ZIP code, and census tract levels. FHFA uses a fully transparent
methodology based upon a weighted, repeat-sales statistical technique to
analyze house price transaction data.

FHFA releases HPI data and reports quarterly and monthly. The flagship
FHFA HPI uses seasonally adjusted, purchase-only data from Fannie Mae
and Freddie Mac. Additional indexes use other data including refinances,
Federal Housing Administration mortgages, and real property records.
All the indexes, including their historic values, and information about
future HPI release dates, are available on FHFA’s website:

https://www.fhfa.gov/HPI.

Tables and graphs showing home price statistics for metropolitan areas,
states, census divisions, and the United States are included on the
following pages.

Notes

FHFA will release the next monthly HPI report (including data through July 2024)
on September 24, 2024 and the next quarterly report (including data for the
third quarter of 2024 and monthly data for September 2024) on November 26, 2024.
FHFA posts release dates for the remainder of 2024 and all of 2025 at
https://www.fhfa.gov/data/hpi#ReleaseDates.

Follow @FHFA on X, LinkedIn, Facebook, and YouTube for more HPI news.

Freddie Mac mortgage portfolio rises at 1.9% annual rate to $3.52 Trillion in July

Aug. 26, 2024 4:50 PM ET

By: Max Gottlich, SA News Editor



--- Freddie Mac's (OTCQB:FMCC) total mortgage portfolio advanced in July at an annualized rate of 1.9% to $3.52T, the company said on Monday, slightly accelerating from June's 1.5% increase.

--- Since the start of the year, its mortgage portfolio has grown at a 1.7% annualized rate.

--- Single-family refinance-loan purchase and guarantee volume stood at $3.4B in July, representing 12% of total single-family mortgage portfolio purchases and issuances.

--- Single-family delinquency rate ticked up to 0.51% from 0.50% in the previous month, while the multifamily delinquency rate of 0.39% inched up from 0.38% in June.

--- As of July, our maximum exposure to Fannie Mae-issued collateral that was included in Freddie Mac-issued resecuritizations was approximately $107.1B.

I for the first time agree with GB on a few statements-

"Fannie Mae has more money than they ever have had in history and the government still has them in conservatorship.

Freddie Mac has more money than they ever have had in history and the government still has them in conservatorship.

2023 Stress Tests
August 10th, FHFA released the 2023 Dodd-Frank Act Stress Test Results. The stress test results result in Fannie and Freddie making a combined $9.9B even if equity prices fall by 45% and home prices decline 38%. Under these conditions, FHFA does forecast that if they are able to use their discretionary accounting authority to write down Fannie and Freddie's assets like they did in 2008, the companies would lose $8.4B. Even with the loss the companies on a combined basis since they have been able to retain earnings since 2019 would have a net worth of $88.9B in this worst case scenario.

My perspective is that guarantee fees doubled during conservatorship and it is much harder to drain a bathtub when you pour in water as fast as it drains out, which is basically what happens to achieve these stress test results whereas in the past earnings were half what they were today and you could accumulate a few years of losses --- now even if the economy falls apart Fannie and Freddie stay afloat on earnings alone."

Somebody X/Tweet this info to the paid for hire fake news media.

Go FnF

Release the GSE's!!!

The Lord giveth the Lord taketh.

Aaand it’s gone. Gains from yesterday are a thing of the past. Crazy stuff.

Glad I'm not a whale I picked up a few more FNMAT !

I hope ur kidding.😂

What Was With All The High Volume In Many Of The JPS Today…?

Whales Dumping FNMAS and FMCKJ ans other JPS

Yup ignore works great. I don’t walk down to the local section 8 housing to discuss stocks. Not sure why I would entertain him or other fools just because they happen to have internet.

The Moderator should hold Him accountable for making this types of comments. He needs a reminder to provide a reference or indicate that it was made as his opinion.

Rule of contract law needs to be followed. Same as the Constitution.

(IMO) Laws keeps Government from doing wrong, as the Jury’s verdict indicated. The Judge ((Govt)) is/has not followed Contract, nor the Constitution.


Why did he limit punitive damages and why is He taking so long to render his decision?