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

Nope I bought some more CHEAPIES.

Did you sell this morning?

I did not sell and I am tired of defending FMCC everytime stock price dropped bc someone here sold and made money.

I hope y'all had a chance to reload!
GLTA

Release the docs, American people deserve the truth!

jim cramer does not know anything about FMCC but does have a mouth which many people still listen to, and you know that is the way people are. It is called herd mentality. Jim cramer is just a hired liar to manipulate stock price. No one should be listening to him for stock advice

Sorry but does the dumbass laidon article mention about how much the gov paid for the 79.99% warrants...NOPE
If you dig a little past the obvious screw job, the gov paid peanuts on the dollar.

The problem is dumbass imagines that the gov can screw the gses even more, gov can't take advantage of this. It,s not eh gov job to screw comapnies even more.
The warrants were issued as a guaranteee if the gses weren't able to pay back their bailout loan. And guess what, the GSEs have overpaid...

Come on, laidon, get your fingers out of your crapola and post something honest for a change.

BTW, we're also in 2024 and those wonderful numbers have changed as well as the results of many other lawsuits that will affect this screwjob,

In the meantime, that dumbass donald can go fack a duck.

FMCC

Cramer Effect ! The guy is no good!

STICKY IT!!! That is older, but can't remember if I've read it before? it's a good one to keep in the board history documentation for sure. It would have been a great thing to read to the jury in Lamberth's court waaaay back, lol. I think he's trying to beat Sweeny at their "kick the can" competition??? 47 is in but not seated until Jan 6, is Lamberth really holding out until after then? Could be...Maybe he see's the next incoming administration as being far better to end this fiasco and intends to help by some sort of beneficial ruling??? you never know

Send this to guido and navy to post on x to new administration

Nice find

Thx again

Cramer getting ready to smoke NVDA

https://x.com/kshaughnessy2/status/1859071421474832448?s=61

Where is Josh Rosner these days ?

https://ritholtz.com/2016/05/former-white-house-officials-involved-in-gse-scandal/

Pulled from Twitter

To actually fully wrap up and conclude the rescue of the two GSEs, Treasury will then need to sell its shares to the public marketplace. (This is called a “secondary” offering, as it is one shareholder selling to others; it does not directly impact the actual balance sheet of the issuer of the shares.) As described above, the size of the positions to be sold by Treasury are so huge versus even the largest IPO ever done that this will not take place overnight. A reasonable minimum estimate, which is highly dependent upon equity market and mortgage market conditions at the time, is at least three years - but potentially much longer
https://furmancenter.org/thestoop/entry/when-will-government-control-of-fannie-mae-and-freddie-mac-end-part-2

“This amount is so huge that it is likely to be raised mostly by retaining earnings over many years, rather than issuing new shares into the marketplace”

https://furmancenter.org/thestoop/entry/when-will-government-control-of-freddie-mac-and-fannie-mae-end

I dont think Cramer has any pull/impact on any FMCC stock anymore. F_K him and his stupid TV show. Ignore the Idiot on TV. He needs to be retired. He is a fool.

The Cramer Jinx, automatic!

Agree, I wish he wasn’t on our side!

Jim Cramer is a hired liar to manipulate any stocks

Yes. Higher earnings per share. 

Fmcc is small in side and Debts, it will run higher and faster….here we go ../GL

Jim Cramer is the kiss of death, almost certain a drop tomorrow. Gosh I wish he didn’t comment on this.

It’s a great GAP filling day today Trunk! Next up $4🚀🚀🚀

the pattern today is repeatable several times, good chance price relaxes today even with almost all buying, we see.

Final destination is 40ish, just like BAC.

This is very interesting! There must be deep, early planning that was put into this, I don't care what anyone else says or believes. That is why these caBINET "PICKS" are flying off the wall. This is going to be one heck of a January/February to remember.

https://www.newsmax.com/politics/doge-government-efficiency-vivek-ramaswamy/2024/11/17/id/1188392/

How much of the 612 m in damages again was awarded to commons, was it 30 m? That's what, just 4-5 cent per share? Still free money though. What is that old fart Lamberth waiting for? 

https://x.com/usnavycmdr/status/1857865511419392445?t=jV03RRJo1qrupjALUZkABg&s=19

https://x.com/GuidoPerei/status/1857889785622442002

"...gov greedy fingers loose their grip...."

This is a tough one. Gov greedy fingers have been a tight grip !

Ill keep saying it until it happens cause barely anyone understands the markets anymore and how wall street operates. this can and may go to 40, Its where it used to be, BAC is waiting for its buddies. the rest of the penny land morons dont have a clue what can happen if gov greedy fingers loose their grip. they talk about receivership, cap stack, and the old non applicable restructuring that the illegal SPSPA clowns keep talking about. HERA never allows death spiral financing, SM made the most illegal move any Treasurer could possibly do. It can be undone in a NY minute just about the time he spent putting it out there unilaterally.

https://x.com/FreeFannie/status/1857556933412270317

https://www.marketwatch.com/story/kudlow-who-called-fannie-freddie-profit-sweep-a-scam-is-at-center-of-white-house-housing-reform-plans-2019-03-27

Judge Thomas Wheeler ruled that it was illegal but there was no enforcement clause or action taken to releasing F&F from conservatorship. His ruling must be honored and enforced by the executive branch or the president of the US.

I hope Trump will do something about it in this term

AIG not awarded damages due to BK status - Fannie & Freddie were NOT BK !

Court Rules Govt taking AIG Warrants illegal action when in addition to

Loan plus interest after Loan is repaid ...

****************************************************************************

Court Finds Government Actions in AIG Bailout Were Illegal

https://www.cato.org/blog/court-finds-government-actions-aig-bailout-were-illegal

Judge Wheeler found that the federal government committed an illegal exaction.
That is, it took something it had no right to take. (This, the judge carefully notes, is not
the same as a “takings” under the Fifth Amendment. When there is a takings, the
government lawfully uses its authority to take private property for public use and then
must pay the owner “just compensation” for that property.
An illegal exaction means the government took properly unlawfully.)

In bailing out AIG, the Federal Reserve Bank of New York (FRBNY) issued the company
a loan for $85 billion. In exchange, the FRBNY took an 80 percent equity stake.

This stock was not posted as collateral for the loan, but would remain in the government’s
hands even after the loan was repaid.

yes I wonder what the they will be saying when it hits $5, who cares, cause when it hits 5, it will be on its way to the teens, where it should be.

First stop ..going to $5

Release the Docs Trump, full transparency!

You can thank that interview then for what made it tank today that’s a given !

Not at all, stop the whining. at the least we will have a law suit the biggest in history, or we get multiples of where its at today. stop it. more than 99% of investors dont even know who the GSEs are...yet

A new IPO would crush us ! That’s what’s sinking us today. The Maria B interview!

Crappy day !

GSE mirrored the price of Bank of America for a long long time before the theft. I expect IPO to be close to the same price it is at that point in time....think 40ish. Back in the days of banking crisis, BAC went to 6, GSEs went to 5 something. thats when i bought them. It was either GSEs or BAC, I figured it would never be that low again. I should have picked BAC. Never did i ever figure Mafia Treasury and his wall street banker buds would use it as a dumping ground for bad debt. Biggest Tower heist of all time, the gold car is still under water, soon to reappear.

When a GSE train goes through a tunnel and it gets dark, you don't throw away the ticket and jump off. You sit still and trust the engineer.

Nice historical summary:

https://x.com/FreeFannie/status/1857030425127887153

even the MM's remember Yuma

FNMA stuck on 3.10 now which is a nice rise from today's shortie attack

Go FnF

we will hold (price will hold) somewhere before action from next admin next year hopefully in the first 100 days

question is where??

Yuma is the bottom of that hold because it's from the past

I'm guessing $4-6 range and hoping I'm wrong and it's above $10

Washington does have loose lips, so anything is possible

Go FnF

Yeah at one time FMCC was ahead by a few cents but has since returned to the typical .10 delta. I own both

Curious to see how many pennies we close behind fnma

I was waving since early this morning, must be that the driver saw me in his rearview mirror
and pulled to the curb, I gave him my receipt for 5000 FMCC shares @ $2.80 and promptly
found a seat with a Smile from Ear 2 Ear!!
Thinking that this bus may never be down this old dirt road again.
That's my story, and I'm sticking to it. Mostly cuz it's true and I have No-Mo Float, it's ALL ON the BOAT!

He does not know what it is about. FHDA makes money for the us government

Yup, needed a reset.