Federal National Mortgage Association (PK) (FNMFO) News

Are you saying you sold your position and moved on ? you are not waiting for the 5 cent are u?

dear mba aka broomskit, brownnosing won't get pulte to get you explicit guarantee or take it to congress. he and others have been alerted of you, zandi, fellow travelers, carney etc etc. he is going to get confirmed without you.

Pull Backs Happen before Break Outs

TIMBER!
$FMCC~ $FNMA~

MBA issues support for FHFA nominee Bill Pulte

They urged the Senate banking committee to schedule Pulte’s confirmation hearing

January 29, 2025 - By Jeff Andrews

https://www.housingwire.com/articles/mortgage-bankers-association-endorses-bill-pulte-fhfa-senate/

The MBA approves of Donald Trump’s nominee for director of the FHFA.

01/22/2025 - William Pulte nomination received in the Senate and referred to the Committee on Banking, Housing, and Urban Affairs.
Anyone have further updates ?

GSE's can be released with the warrants in place.
But no SPO can be raised with the warrants.
IMO the warrants are dead.

With the overhang of the potential dilution... they will not be able to raise any money and the uncertainty of equity will be too large to attract any significant institutional investors... thus they will have to deal with the warrants and their poison nature prior to any release... the warrants at this level are the A in the scarlet letter... the ham hock on roots... the ball and chain to some poor slob.... they are simply a wet blanket.

Hate to be the bearer of reality ... but they've got to go

Calabria WHo?

how do suppose GFC came about. You got it fraud. SO I'll put my dogs name and my last name. On the Loan App. Sure that 'l work.

MBA issues support for FHFA nominee Bill Pulte

The group urged the Senate banking committee to schedule Pulte’s confirmation hearing

January 29, 2025 - By Jeff Andrews

https://www.housingwire.com/articles/mortgage-bankers-association-endorses-bill-pulte-fhfa-senate/

The Mortgage Bankers Association (MBA) approves of Donald Trump’s nominee for director of the Federal Housing Finance Agency (FHFA).

In a letter addressed to the Senate Committee on Banking, Housing and Urban Affairs, the MBA gave a strong endorsement of Bill Pulte to lead the FHFA. In that role, Pulte would oversee government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac along with the Federal Home Loan Banks. The Senate banking committee has not yet scheduled a confirmation hearing on Pulte’s nomination.

we know of your experience and common sense when you posted million time here that commons are worth 5 cents

What I said is the same thing John Paulson said. If there is any one person that has an inside track about FnF, it's John Paulson.

Ackman, on the other hand, may have the SEC knocking on his door if he keeps up his nonsense. He's FOS.

Trump to Nominate Bill Pulte as FHFA Head; Ending GSE Conservatorship a Priority
President-elect Donald Trump said he would nominate Bill Pulte as the next director of the Federal Housing Finance Agency (FHFA). Current FHFA head Sandra Thompson previously announced plans to retire effective Jan. 19, the day before Trump is sworn in.

The Trump administration is expected to make ending the long-running conservatorship of Fannie Mae and Freddie Mac a priority, after taking some steps to move them away from government control in his first term, Reuters reported. The two mortgage giants, which lend in both the single-family and multifamily sectors, have been under conservatorship since the 2008 financial crisis.

In a statement, Mortgage Bankers Association president and CEO Bob Broeksmit said, “We look forward to working with him and the FHFA staff on policies and programs that boost housing supply and create affordable opportunities for our nation’s homebuyers and renters while protecting taxpayers and ensuring a robust secondary mortgage market and Federal Home Loan Bank system for single-family and multifamily lenders.”

He continued, “The conservatorship of Fannie Mae and Freddie Mac (GSEs) was never intended to be permanent. MBA stands ready to work with the administration and Congress to ensure that the transition to a post-conservatorship era for the GSEs is done the right way, including the critical step that Congress approves an explicit federal backstop for the GSEs’ mortgage-backed securities, to prevent severe market disruptions.”

Pulte is CEO of private equity firm Pulte Capital Partners. His grandfather, William Pulte, founded homebuilder PulteGroup.

National
+ Finance
|
January 17, 2025

https://www.connectcre.com/stories/trump-to-nominate-bill-pulte-as-new-head-ending-gse-conservatorship-a-priority/

Intent but not attempt. Clearly some demented dude with no chance of ever getting close.

carney is trying hard to get it below $5.00. repeats the same piece over and over again. why is no one asking him "you never write on housing, housing affordability or uncover how blackstone bought every home on the block raising the rents or 700 people at fhfa who can't even do stress test or is it just you have something going on with fellow travelers? mba? or something personal with shareholders as you come out to write on housing only when the price goes up? only about fannie and freddie? we can't be making this up? this is so well documented. and you keep changing date on the very same piece to the next day's so it is fresh again? we got screenshots. what's up? should the fed be looking into it?"

we know of your experience and common sense when you posted million time here that commons are worth 5 cents

I have a 100% probability that my dog likes every doughnut that he sees!

how you like ackman pres?

What are you talking about, no safeties in mortgage originations, you can get a loan in your dog's name! Come on! this makes no sense.. I have been originating home loans for over 32 years, I definitely disagree with your assertion. Nice try though.

Now 13 Days Above $5
FNMA
Date - PPS - Volume
Jan 29 - $ 5.66 - 11,557,830
Jan 28 - $5.74 - 11,902,328
Jan 27 $5.46 - 17,666,323
Jan 24 $5.74 32,035,179
Jan 23- $6.50 - 9,201,548
Jan 22 - $6.85 -18,576,012
Jan 21 - 7.01 35,380,100
Jan 17 - 6.91 36,487,200
Jan 16 - 5.40 41,137,700
Jan 15 - 6.21 46,566,200
Jan 14 - 7.04 53,693,000
Jan 13 - 5.49 16,501,000
Jan 10- 5.26 24,269,000

Peanuts. Not worth the efforts !!

FAKE NEWS !!!

What are you talking about ?

not a chance, simply dont know that world, and there is nothing simple about it. nothing has changed, Fed reduced rates, never before done, in an election year. Trump even threatened to fire Powel if he messed with rates before elections. please get it straight and stop trying to fabricate something just like Ps did for years.

Wait what?!?!?

Fed is simply worried about the heat of the economy

Just look at jobs and such --- like it or not - the economy is in solid shape and Thursday we likely will learn the GDP grew 2.75% to 3.00% in 2024 -----

Seems the economy - at the moment - is doing just fine with interest rates as is -- see stock market . Fed had raised and raised --- when it thought inflation was killed - Fed lowered and now it is second guessing. I follow this stuff and its 50-50 which way the economy or inflation goes in next three months. What is - is already baked in.

Does not mean people do not want DJT to deliver 2025 wages and 2020 prices as they voted for
Good luck to DJT on the economy - especially first year where his impact is not great (unless he puts on high tariffs which are by definition inflationary in the short term)

the LP/SP is not a bond

Attempt on Bessent’s life. He actually was a secondary target.

Freddie Mac settles $32 Mil lawsuit with Lloyds of London underwriters

https://www.theinsurer.com/ti/news/freddie-mac-settles-32mn-coverage-lawsuit-with-lloyds-of-london-underwriters-2025-01-29/

Garbage... Still no safties are in place to control rampant fraud in mortage lending. If I can put my dogs name in my mortgage application then the
main issues hasn't been resolve. Verification. More nonsense. The only secure finance is a 20 percent down payment. Its the ultimate answer for verification abuses. At least the risk is reduted but not full mitigated. IMO

Thursday 3PM Eastern time----Noon Pacific-interview w/Mark Calabria--This week, join Rich and Rob for an exclusive conversation with former Federal Housing Finance Agency Director Mark Calabria as they dive deep into the future of Fannie Mae and Freddie Mac this week, join Rich and Rob for an exclusive conversation with former Federal Housing Finance Agency Director Mark Calabria as they dive deep into the future of Fannie Mae and Freddie Mac

https://www.chrismancommentary.com/the-big-picture

https://www.youtube.com/@ChrismanCommentary

https://x.com/ChrismanNews

Can't speak for KThomp but my 95% probability that the SPS will be converted is based on experience and common sense. I've seen this story before.

Today the fed decided to turn hawkish, just after the vegetable leaves the WH, and Trump knows it. He is preoccupied with illegals, bad feds, bad actors in DC, it will take a couple months before he becomes more popular then even when he announces Release and saving Housing fears.

Dem Senator is considering jumping ship !

Looking to possibly go to the other side. The good side.

Trunk is right mum-is-the-word for now

There not gonna talk until all are in place.

Russel Voigt was in jeopardy was why prices on pref were down.
Where did you see that? I haven't seen anything on him since his nomination hearing 2 weeks ago...

One can only dream, Trunk.

He won’t say anything without Trump giving the nod, which will be after he makes sure people are informed of the win win situation. That is how he rolls.

It appears registration is free.  Will Calabria change his tune given all the recent events ?

Russel Voigt was in jeopardy was why prices on pref were down.

It would be perfect timing if Bessent came out and said that preparations are in place to relist Fannie and Freddie to the NYSE.

That's Tiny Tim, right?

Thursday Noon--interview w/Mark Calabria--This week, join Rich and Rob for an exclusive conversation with former Federal Housing Finance Agency Director Mark Calabria as they dive deep into the future of Fannie Mae and Freddie MacThis week, join Rich and Rob for an exclusive conversation with former Federal Housing Finance Agency Director Mark Calabria as they dive deep into the future of Fannie Mae and Freddie Mac

https://www.chrismancommentary.com/the-big-picture

https://www.youtube.com/@ChrismanCommentary

https://x.com/ChrismanNews

We will have a 180 degree version from Calabria now. No more 4% capital

Ask Youself,
Does Warren "Hawkeye" Buffett
know something about Fsnnie and
Freddie that Wall St. doesn't?

Is Timmy relevant again?

Fun Action Today
Let's Be Honest
If It's Fun you want,
this messageboard is where
you wanna be - 2 full days
of trading left this week...load up

I can not around and have you post negative comments on our choo choo pps posting emoji boy

https://x.com/dunavantsh58880/status/1884691659314929962?s=46&t=xLP2LlWgJrEMUZZ7Fum-nA

There are so many more in power that should join him from both sides of the aisle.

Senator Bob Menendez just got sentenced to 11 years in prison. That’s a bright spot for the day!