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Federal Home Loan Mortgage Corporation (QB)

Federal Home Loan Mortgage Corporation (QB) (FMCKJ)

11.14
0.12
(1.09%)
Closed December 17 4:00PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
11.14
Bid
5.00
Ask
15.00
Volume
2,248,325
10.91 Day's Range 11.271
2.20 52 Week Range 11.49
Previous Close
11.02
Open
11.11
Last Trade Time
Average Volume (3m)
1,817,962
Financial Volume
$ 24,846,734
VWAP
11.0512

FMCKJ Latest News

Free Real-Time Level 2 Quotes Available in Fannie Mae and Freddie Mac at OTCMarkets.com

Free Real-Time Level 2 Quotes Available in Fannie Mae and Freddie Mac at OTCMarkets.com PR Newswire NEW YORK, Dec. 5, 2013 NEW YORK, Dec. 5, 2013 /PRNewswire/ -- Investors and traders in Fannie...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.434.0149393090610.7111.4910.7189331111.20575382CS
40.817.8412391093910.3311.499.9133740810.60124962CS
127.13177.8054862844.0111.493.818179628.22329908CS
266.45137.5266524524.6911.493.3611805037.11334474CS
528.93404.072398192.2111.492.29303425.89983293CS
1568.32295.0354609932.8211.491.35869644.21213882CS
260-0.61-5.191489361711.7512.541.36923474.91048777CS

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FMCKJ Discussion

View Posts
Ace Trader Ace Trader 16 hours ago
FOR THE RELEASE TO HAPPEN, everyone needs to get a piece of the pie in the deal !

Everyone includes:
Current shareholders common and JPS
Large hedge fund investors
All current Plaintiffs in all court cases

There’s lots of ideas that has been put forward by board members and public with different levels of information be it first hand or second hand info and prospectus on the out come.
With that out of the way let me chime in from what I know ( Not much) and where this could end up ( wild guess on my part). But a gut feeling based on events so far and the behaviour of a few in the new DJT Admin.

Just to be clear: I own both JPS Fannie and Freddie & Freddie common shares and want both to do well !!

Since working for a Large New York family construction/ developer who builds, Condos, Multi use buildings Hotels and casinos for over 10 years being in around that indirectly and be given full access to 2 multi million $$ hotel/ casino projects all the paperwork war legal side of it and all the hoops you have to do before you even break ground is mind blowing. That’s where these types of guys aka DJT, Bill, John, Buffet etc etc pride themselves on the, as DJT wrote a book about it ( THE ART OF THE DEAL)

I’ve met DJT on 2 occasions as he and my boss were building a casino together in Atlantic city a few years back and like my boss he was a sharp talker and shot from the hip. It was all about making a deal and getting the best out of the deal with a little give and take on each side. That’s how it works in NY with these guys.

So lets look what we have on the table from Investors side aka Bill, John and other large investors, maybe Buffet but that’s a long shot.

Both or all have large holdings of common shares and large holdings or JPS to hedge against if the common deal didn’t go there way.!!
Putting up $100’s millions on a gamble is not how these guys operate not even close! Their plan all along was to buy enough of the float band together and negotiate with the Government on a DEAL !!
That deal could be anything but we know that the DJT admin wants to release the GES’s and these big investors want a deal.

So what will most likely happen is :

1, So it would be to forgive the settlement money and settle all other cases in exchange for the SPSA and the release of the GES’s.

2, Gov to convert warrants to common and IPO them to investors first @ a discount ( aka) the big guys and settled cases with plaintiffs . The discount is to offset the dilution in drop of share price. Keep that in mind it’s very important part of the deal ( The discount of new shares is to offset the dilution and drop in share price) Why you may ask?? At the time of the TAKEOVER common shares in both were around $20-$30 and dropping !!

By the Gov converting the warrants to common shares they are getting (FREE MONEY) Remember the Gov has loaned the GES’s $100 billion. The other $87 billion came from the cash the Gov stole from the companies when the took them into conservatorship in Sept 2008. That part has never been challenged and it really pisses me off how the Gov can steel $87 billion in cash from private companies without the 5th amendment in play. The Gov knows it’s been paid back well over what they loaned.

Remember this! page 7
In summer 2007, as subprime mortgage defaults escalated, issuance of non-agency mortgage-
backed securities. Fannie & Freddie only had $300 million of these loans on there books!
By the end of 2007, the two firms owned over $300 billion of non-agency
mortgage-backed securities.

QUOTE: page 2 https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr719.pdf
U.S. taxpayers ultimately injected $187.5 billion into Fannie Mae and Freddie Mac.

REMEMBER THAT NUMBER $87 BILLION of share holders money !!!!

THE GOV DIDN’T LOAN US THERE MONEY THEY BORROWED IT FROM THE FEDERAL RESERVE @ A DISCOUNTED GOV RATE THEN CHARGED THE COMPANIES A 10% INTEREST ON THERE 2.5 % LOAN INTEREST + 10% ON OUR (COMPANIES $87 BILLION)

COUNRT CASES
DJT Admin will not appeal the Federal Court of claims jury verdict for shareholders 8-0. They lost big time and to fight it would NOT be in the best interests of both parties. Remember both parties including us shareholders want our companies back.

All these court cases have standing and eats up time so the Gov will settle out of court sell at a discount IPO these these people and hedge funds , companies. With the new shares and release this group will recoup a large amount of what they lost when the Gov stole the GES’s.

3, That leaves all cases settled with Plaintiffs and Plaintiffs shares. Large investors with more share @ a discounted rate to offset there large investments and current share holders with a small pice of the pie but roughly the same share price at time of conservatorship Sept 2008.

It’s up to the DJT to release the GSE’s not congress as per

6 The 79.9 percent ownership stake was selected to avoid the necessity to consolidate the assets and liabilities
of Fannie Mae and Freddie Mac onto the government’s balance sheet. See Swagel (2009, p. 37).
7 The senior preferred stock purchase agreements also included various covenants. Specifically, Treasury
approval is required before: 1) purchasing, redeeming or issuing any capital stock or paying dividends; 2)
terminating conservatorship other than in connection with receivership; 3) increasing debt to greater than 110
percent of that outstanding as of June 30, 2008; or 4) acquiring, consolidating, or merging into another entity.

https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr719.pdf

I my view if the world was honest, The Gov would return what it stole from the companies and pay back all the money it stole from the compaines but that’s never going to happen!
Bullish
👍️ 1
Sammy boy Sammy boy 1 day ago
Trump should hire Arnold, very seldom
Is he wrong with his analysis. You have to give the man credit, say what you want, seldom posts but when he does, damn you better listen ! He’s tracking 92% right now.

Give credit where credit is due.

Thank you Arnold - hand shake.
👍️ 1
tuzedaze tuzedaze 2 days ago
https://x.com/timpagliara/status/1868639514165440566?s=61


“The updated illustrative options for recapitalizing Fannie Mae and Freddie Mac show the GSEs having a higher value to investors than they did in the previous analysis, making it easier to recapitalize them through the sale of common stock and to repay the Treasury for its support of the enterprises.”
👍️0
Louie_Louie Louie_Louie 2 days ago
The only one's advocating for keeping the seniors and converting OR using the warrants are the JPS crowd. It's the only way they get put into the equation and their get rich quick scheme. I think they will be "blackballed"! There is almost enough capital now, and the government knows it. They only need to lower the cap rule and release, everything takes care of itself inside of 6 months....except the JPS, they will need to wait awhile before they get any dividends, just like the commons will. But! the commons will rise, provide more capital because the investors will see government CAN do the right thing and pull themselves out of the picture, let capitalism and the free market work it's magic. Could government keep an advantage by converting some of those seniors to a special class of Pref share, so they can keep a majority type of control until they feel safe about release???? Sure. Those prefs can be convertible to a standard pref class once sold off later. Why do the JPS not talk about this scenario? Because it is called diluting the JPS holders. The government has every right to dilute the JPS just as they do commons.

Commons are way more imporrtant for investment purposes because prefs are a debt that carry interest payments. Watch what happens! The current prefs are callable, and that would be a wise move on the goverrnments part to do. Call them all at 50%-60% of par and save all those dividend/interest payments, there by strengthening the GSE's even more. the JPS NEVER want to go into these details! lol they'll say it's impossible or they'd sue. Blah blah blabbity blah. lol. It is very possible. He who makes the rules wins, they (JPS) tend to think they are all powerful....NOT. ALL the JPS suits were canned, that should tell you something.
👍 1
Louie_Louie Louie_Louie 3 days ago
I laugh at all those saying release is complicated, or impossible or needs years or blah, blah, blah. The only one's obstruct any release will be those "deep state" individuals influenced by bankers and mortgage industry lobbiests. These folks are mostly from one party, the one that lost. Now all the new guy has to do once inaugurated is tell this crowd...I am releasing the GSE's back to the free market, get on board or there is a pile of documents I can throw out there that incriminates HUGELY two guys, one from each party! is this blackmail? Sure, but it's what the swamp folks understand best. I guarntee you releasse happens in 90 to 120 days (3-6 months) and exactly how the guy in charge wants it too. Combine that with DOGE extinguishing the FHFA, then what will the swamps alternatives be?

I wholely disagree witht hose saying that DOGE won't go after FHFA because it is not funded by the government! There in lays the conundrum and BS! It is seen as a goverenment agency and treated like one, albiet is sucks it's life out of it's victims like a parasite leech. EXACTLY the type of thing DOGE wants to stop. Their on record saying they want to disband everything that is administrative state and non-law regulating cowboys, that would be FHFA. If the twins are released where does FHFA get money to support it's massive growth and slaries? Hint, who else do they regulate? the banks! guess who gets tapped for a bunch more money from FHFA? The banks! that will never set well with the one party which is campaign funded by the banks and is why they keep the GSE's hooked to a blood drip of money for all these years so the vampire like FHFA agency can live. The banks will rise up and fight if government does not commit to funding FHFA and goes afterr the banks for it, especially now that the banks see how bloated it;s become with head count that has the high salaries and benefits.

So in this case, blackmail is warranted to stop the fraud perpetrated on the companies and their shareholders. Only oneguy has the cajones to make this threat. Maybe three? (musk & Vivek)
👍️ 4 💯 2 🤙🏼 2
Golfbum22 Golfbum22 4 days ago
and 47 minute mark

thx for posting

But these guys are saying warrants will be exercised-they don't know whole story
👍️0
tuzedaze tuzedaze 5 days ago
https://x.com/donotlose/status/1862506991886704785?s=61

Thank you Glen for sharing

Starting 12:50 mark… Interesting conversation
👍️ 1
Sammy boy Sammy boy 5 days ago
Corrupt MF’s ! Release the docs!
👍️0
Sammy boy Sammy boy 6 days ago
Come on puzzies, you got 50 cents more in ya by 4.
👍️0
Sammy boy Sammy boy 6 days ago
Take it to zero ! Make a decision!
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Ace Trader Ace Trader 1 week ago
RE-COIL DAY !!
The Full Socatics line has crossed and the CCI line has shown reversal and heading back to support! We should see continued upswing today and setup for the next leg up and over the next week back over $3 for both Fannie and Freddie.
👍️ 2 🚀 1
trunkmonk trunkmonk 2 weeks ago
this is what i have to say in the future for anyone who does not buy now, or even before real runup

https://memes.yarn.co/yarn-clip/fe85b906-e76a-4592-88b5-404fc97435ee#Je4R4l64.copy
👍️0
navycmdr navycmdr 2 weeks ago
$Fannie $Mae (FNMA) – $Price $Target $90

Fannie Mae (FNMA) – Price Target $90
Posted on December 6, 2024

Fannie Mae

Two BUY recommendations were posted on November 26, 2022[1] and September 13, 2023[2] for Federal National Mortgage Association or Fannie Mae (FNMA) common stock. This post will analyze the conservatorship, Net Worth Sweep, Fannie Mae’s earnings, and provide a potential price target.

Conservatorship and Net Worth Sweep

On September 6, 2008, the Federal Housing Finance Agency (FHFA) took full control over Fannie Mae and Freddie Mac. Major losses in 2007 and 2008 stemming from defaults in the mortgage market prompted the start of the government conservatorship. The conservatorship directed the FHFA to act as conservator to preserve and conserve the assets of Fannie and Freddie. Once Fannie and Freddie recovered its losses, it would be released from the FHFA’s control.[3]

The conservatorship included an agreement between the U.S. Treasury and Fannie Mae. The Treasury bought senior preferred stock in Fannie and Freddie in exchange for a $100 billion capital commitment to each company. In exchange, Fannie would pay the Treasury a 10% dividend. The capital commitment was increased to $200 billion and then ultimately raised to an unlimited amount through the end of 2012.

However, without notice to shareholders, on August 17, 2012, the Treasury and FHFA changed the agreement. The Treasury knew Fannie would make record profits in the future and directed the companies to pay 100% of its net profits to the Treasury instead of 10%.[4] On the first year of the net worth sweep in 2013, Fannie Mae posted its highest annual profit ever of $83.9 billion. As a result, Fannie and Freddie were forced to pay 100% of its profit or over $130 billion in cash dividends to the Treasury. Fannie and Freddie were forced to pay $111 billion more than what the original 10% dividend would have been. At the end of 2013, Fannie’s share price closed at $3.01.

Shareholders filed a class action lawsuit against the FHFA in 2013. “First filed in 2013, the lawsuit by Fannie and Freddie shareholders bounced between the trial and appellate courts over the next decade, with Hume arguing and winning a successful federal appeal in the D.C. Circuit in 2017. The case was finally heard by a federal jury in the fall of 2022, but that jury could not agree upon a unanimous verdict. The second time around, the jury issued a resounding and historic rebuke against the government’s overreach.”[5] Since the conclusion of the court proceedings the presiding judge has yet to finalize the verdict.

Make Fannie and Freddie Great Again



In his last term, President Donald Trump was trying to release Fannie and Freddie from conservatorship. “My Administration would have sold the government’s common stock in these companies at a huge profit and fully privatized the companies,” Trump wrote in a 2021 letter after he left office to Republican Sen. Rand Paul. “The idea that the government can steal money from its citizens is socialism and is a travesty brought to you by the Obama/Biden administration. My Administration was denied the time it needed to fix this problem because of the unconstitutional restriction on firing Mel Watt,” the FHFA director at the time, Trump said.[6]

Donald Trump won the election in November 2024 and is appointing a cabinet that is focused on the release of Fannie and Freddie from conservatorship.[7] “The government’s stake in the two mortgage giants could be valued at billions of dollars, meaning a spinoff would potentially net a big payday for the government and private investors in the two companies, said Ted Tozer, who led Ginnie Mae, a separate government-sponsored mortgage company, during the Obama administration.”[8]

Hedge fund managers John Paulson and Bill Ackman are participating in the background to help Trump and his cabinet release Fannie and Freddie. Paulson and Ackman have been vocal about their stakes in the two companies.[9] [10] According to FOX Business, Paulson’s investments in government-sponsored enterprises (GSEs) such as Fannie Mae “played a role in his dropping out of the Treasury Secretary contention,” suggesting it signals “a huge clue that privatizing the GSEs may be back on the table” for the incoming Trump Treasury.”[11]

Fannie Mae’s Earnings

Below are tables of Fannie Mae’s annual net income from 1985 to 2023 for reference.[12] The tables are separated by time periods ranging from 1985 – 2001, 2002 – 2006, 2007 – 2011, and 2012-2023. The table includes the year, annual net income, percentage change from the prior year, and different periods of growth highlighted.




Exponential Potential?

There are two ways to plot data; linearly and logarithmically.

A linear scale has equal distance between each data point.[13] If exponential growth occurs between each data point, a linear scale will not display it accurately. Therefore, plotting data that grows exponentially on a linear scale will be meaningless.[14] Linear scales are used for precise measurement, not measurements that variate. A linear scale is used to display a map, nautical chart, engineering drawing, or architectural drawing.[15] Reading an improperly scaled map might lead one to the wrong destination.

A logarithmic scale does not have an equal distance between each data point. The spacing between each data point is not proportional, hence more suitable for unequal changes in data. Negative numbers are not plotted on a logarithmic scale, so all numbers are positive. The distance between data points is a multiple of a base number raised to a power. In other words, if exponential growth occurs, a logarithmic scale will display that growth. Logarithmic scales are better suited to plot large numbers that cover a large range.[16] This may include a company’s earnings, sound levels, or earthquake magnitudes.

Fannie Mae’s annual net income from 1984 to 2023 is graphed below. The first graph is scaled linearly.


Graph created using https://draxlr.com/

From 1985 to 2001, Fannie Mae’s net income grew from $37 million to $5.89 billion or approximately a 16,000% increase. The large percentage increase of 16,000% is barely noticeable on a linear scale. Smaller variations are difficult to view, such as between 2002 to 2006, when earnings only grew 4%. Also, the linear chart inaccurately displays the 488% gain as a larger line than the 648% gain.

In contrast, the second graph below is scaled logarithmically.


Graph created using https://draxlr.com/

As a result, the exponential rise from 1985 to 2001 is more prominently displayed. The variation in earnings from 2002 to 2006 is more visible. Logarithmic scales display only real numbers therefore the losses from 2007 to 2011 are not plotted. The change between 2012 and 2013 is not as pronounced versus the linear chart. This suggests the current earnings do not appear distant from the record profit-making year of 2013. Since the distance between each data point is based upon a percentage change, a logarithmic scale accurately displays the magnitude of a change in values. An example is from 2017 to 2018 when earnings went from $2B to $15.9B or a 648% increase. 648% is a larger line than 488% whereas on the linear chart it was incorrectly scaled by a large distance. In conclusion, the logarithmic chart scales Fannie’s earnings more accurately than the linear chart.


Graph created using https://draxlr.com/

Using a logarithmic scale instead of a linear scale proposes the following conclusions about Fannie’s earnings. Fannie’s 5-year earnings dispersion lies at a higher level approximately 3 to 3.5x higher than in 2006 and prior. Fannie Mae traded at its all-time high of $89.38 in 2000. In 2000, Fannie Mae earned $4.4B. The average of Fannie Mae’s most recent 5-year earnings from 2019-2023 equates to $15.6B. In other words, Fannie Mae has earned 3.5x more than it did in 2000.

Which Price May Be Right?

Subnani Investment Research, LLC believes the price of Fannie Mae’s common shares should be higher than its all-time high of $89.38 considering the current earnings are 3.5x higher than when Fannie’s shares were trading at its peak. This represents an undervaluation of approximately 33x of the current market price. The firm believes the significant mispricing is a result of a market inefficiency. In economic theory, an inefficient market is one in which an asset’s prices do not accurately reflect its true value. “Market inefficiencies exist due to information asymmetries, transaction costs, market psychology, and human emotion, among other reasons. As a result of market inefficiencies, assets may be over- or undervalued in the market, creating opportunities for excess profits.”

Technical analysis is a method used in financial charting to determine trends of a stock. If market inefficiencies exist, technical analysis holds merit. The 200-day simple moving average is a key indicator that may provide potential entry and exit points or identify the direction of an overall trend. Fannie Mae’s price closed below the simple moving average in November 2007 at $38.42 during the real estate meltdown. This indicated a major bearish signal. However, in November, Fannie Mae closed at $3.13, significantly above the 200-day simple moving average of $1.86. The firm believes the close above the 200-day simple moving average is a bullish signal and an indication of a major reversal of the overall trend.

Below is a monthly chart of Fannie Mae dating from 1985 to present scaled linearly and scaled logarithmically. Stock prices do not move proportionately day-to-day. Scaling the price data similarly to how the earnings were above yields a strikingly different appearance. While $90 may seem unattainably distant when scaled linearly, the logarithmic chart appears to shorten that distance.


Fannie Mae common stock price (1985-2024) / ThinkorSwim Charting / Linear Scale


Fannie Mae common stock price (1985-2024) / ThinkorSwim Charting / Logarithmic scale

Stock prices experience exponential changes therefore the firm expects the stock to recover faster than anticipated. The firm maintains its STRONG BUY rating and has a $90 price target. To become a client, contact Sanju via email at ssubnani@sinvestsllc.com.
👍 2
ron_66271 ron_66271 2 weeks ago
Today’s Final LIBOR Document Count is 33 Filings.

FDIC as Receiver, and both FNMA and FMCC are listed.



Ron
👍️ 1
ron_66271 ron_66271 2 weeks ago
.
👍️0
ron_66271 ron_66271 2 weeks ago
23 New LIBOR Documents Filed Today.

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262



Ron
👍️ 1
krab krab 2 weeks ago
Yep, GM went public Nov 2010 @ $33 - $34 with 1.1B float shares
👍️0
Golfbum22 Golfbum22 2 weeks ago
posted by juicy juice fnma board-look at this price target

https://sinvestsllc.com/fannie-mae-fnma-price-target-90/

wow we Ricky bobby

go FnF

are these guys credible? will anyone notice?

TIA
👍️ 2 🚀 1
QueenVic QueenVic 2 weeks ago
GM.
I PM'd to ya...😎
👍️0
Louie_Louie Louie_Louie 2 weeks ago
All the talk about goverrnment needing to earn a fortune off this is moot and bull-pucky. The government knows the average person does not know or care about this CONservatorship, so all the nonsense talk by idiots like Whalen talking about political fall out is nonsensical hype. I said it before, you can fit in a baseball stadium the amount of folks who are fully aware of the GSE's, their purpose, their business and their illegal take over saga. Those who keep fear mongering and gaslighting lies about if the GSE's are releassed have an agenda that is detrimental to GSE survival.

NO ONE predicted DOGE or that Trump would win, or the people he is/will/and has picked that will affect the outcome of our release. What will the JPS crowd start spewing when the Capital requirement is lowered? It's coming, and they can kiss any conversion bye bye, won't be needed, not even a capital raise will be needed. Once they annouced the lowered capital requirement, and soon to follow would be the releasse plan, at that point the stock will honestly rise and be hard for the manipulators to take down, especially if the government tells them to stop the manipulation. Re-list to the NYSE and POW, way more capital than the lowered rule requires. Easy peasy release and zero political fall out. YES, most Democrats and a few Republicans will be angry because their golden goose will be pulled out of their hands, but those will be the folks DOGE should especially watch and weed out of government when midterms arrive.

I expect the government to void the warrants and claim them paid in full, because it was nothing more than collateral put in place to assure payment, a payment which was over paid back already! The senior prefs, I assume will be written off- BUT I look to the government to keep their hands in the GSE kitty. If there is a commitment fee or congress provides a type of implicit or explicit guarntee, that may be tied to the senior prefs, where by the government might deem a part of the seniors a special class of pref that will act solely as the explicit gurantee of a government backstop, and will pay a dividend - maybe forever, or maybe until a capital level is assumed that is deemed to be adequate. But most of the seniors will be gone. The government can allow conversion of these special prefs shares to become a regular pref share or convert to commons at a later date once the GSE's are deemed fully safe. They can do all this under a consent decree, or not. THEY HAVE THE POWER TO, and the courts, but they need to do what is right and fair.
👍️ 3
Golfbum22 Golfbum22 2 weeks ago
it's great up until the last line where the conservator still elects the board.

but hopefully the is the start of getting closer to where shareholders can elect the board

thx again for the info
👍️ 1
Lite Lite 2 weeks ago
Would be interesting to know how this judgment delay will be handled by the new administration. A speed bump, or just a pebble picked up and thrown out as the real wheel of justice rolls thru.

‘… plus a Jury 8-0 decision.’
👍️ 1
ron_66271 ron_66271 2 weeks ago
Me, I’m Tracking LIBOR and Gruenberg‘s Retirement.

Gruenberg is retiring the day before Trumps Inauguration.
Why?? 😁

Gruenberg Started with the FDIC in 2005, the same time as the Tick-off meeting for Project West in 2005.
Gruenberg, the JPM inside asset from 2005 Is out of the FDIC ASAP.
And we all thought it was SB as the inside agent. Yes SB is stupid.


The incoming administration is also created the pathway for the cancellation of the F&F Conservership created by a group of Marxist.
Totally unconstitutional and ruled against twice, plus a Jury 8-0 decision.


LIBOR is coming to a Climax in February or sooner.

Keep watching the Docket;
“MEMO ENDORSEMENT on re: [4352] Letter requesting the Court's approval of letter by DAPs, filed by The Federal Deposit Insurance Corporation as Receiver, The Federal Home Loan Mortgage Corporation. ENDORSEMENT: Application granted. So ordered. (Signed by Judge Naomi Reice Buchwald on 12/4/24)”.

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262

Two new documents filed yesterday.


There is a new Sheriff coming to Town.


The Political process is telling us, because the Geopolitical, Legal System is coming back to be Constitutionally based.



Ron
👍️ 2
navycmdr navycmdr 2 weeks ago
Fannie Mae shifts to annual election of directors

Dec. 05, 2024 4:44 PM ET

Federal National Mortgage Association (FNMA) StockBy: Liz Kiesche

Fannie Mae (OTCQB:FNMA) recently implemented an annual election schedule for its board, and its conservator, the Federal Housing Finance Agency, executed written stockholder consent, electing all the company's current board members, it said Thursday.

Since 2021, board members appointed for the first time to the board served three-year terms.

Directors elected to the board are: Priscilla Almodovar, Amy E. Alving, Christopher J. Brummer, Renée Lewis Glover, Michael J. Heid, Simon Johnson, Karin J. Kimbrough, Diane N. Lye, Diane C. Nordin, Chetlur S. Ragavan, Manuel Sánchez Rodríguez, Michael A. Seelig, and Michael A. Seelig.

Each director will serve for a term that ends on the date of our next annual meeting of shareholders, or when the conservator next elects our directors by written consent, Fannie Mae (OTCQB:FNMA) said.
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Sammy boy Sammy boy 2 weeks ago
Amazing how a lying article can bring the stock down over a buck but after being debunked it only trickles upward! The SWAMP is real folks!

Lamberth someone posted on Twitter is worse than Fauci, how true is that ? That Govt paid fat falk is disgrace to the American judiciary system!
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Sammy boy Sammy boy 2 weeks ago
Amazing how a lying article can bring the stock down over a buck buy once debunked it only trickles upward! The SWAMP is real folks!

Lamberth someone posted on Twitter is worse than Fauci, how true is that. That paid fat falk is disgrace to the American judiciary system!
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Viking61 Viking61 2 weeks ago
Sammy has played both sides of the fence for as long as I can remember. No pun intended Mr. Fence😀
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Viking61 Viking61 2 weeks ago
Sammy has played both sides of the fence for as long as I can remember. No pun intended Mr. Fence😀
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EternalPatience EternalPatience 2 weeks ago
Pot calling the kettle back

This guy used be the crapping the board with 5 by Friday. Now he is mocking the 4 guy
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Golfbum22 Golfbum22 2 weeks ago
“Doom and gloom”

From the 2 stooges

Zandi and cat man

Wonder how much these unemployed not going to be a part of the new administration are getting paid to help take down the gse stock prices so tbtf can cover and “whack a mole” us again

It’s not going to matter what they say

They are not going to making any decisions or a part of DJT plans.

It’s criminal that the media does these bogus interviews

The media couldn’t change the election

They won’t be able to change what is coming

Wait until real news comes out from new administration and not these 2
Has been nobody’s next year

Gotta be patient

Go FnF
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exostatic exostatic 2 weeks ago
Sammy thanks for showing that you are a hater... I'm cool with that, just putting you in the correct group. That 600k purchase will be laugh all the way to the bank when they get released... But you already know that... I'm keeping mine, I didn't sell 1 share, but that is just me, you do you... Have a great day everyone!!!
EXO
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jacklanvo99 jacklanvo99 2 weeks ago
Sell more please …he he
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Sammy boy Sammy boy 2 weeks ago
That 600K purchase last week is hating life right now.
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Sammy boy Sammy boy 2 weeks ago
These cheapies have your names on them gentlemen. Get some more!
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Sammy boy Sammy boy 2 weeks ago
Lmao all saying buying more cheapies you had your chance at .49 and you will get another.
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exostatic exostatic 2 weeks ago
Man they are pushing it down to get our weak hands to sell their shares... I think I am going to buy more cheapies...So kids what happens when they get released....Yep Lots of haters that want to get your shares on here today!!!
Have a great day
EXO
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Sammy boy Sammy boy 2 weeks ago
Where’s the $4 by Friday guy?
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Sammy boy Sammy boy 2 weeks ago
Come on, I called for $1.92 you corrupt MF’s make me look good !
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Sammy boy Sammy boy 2 weeks ago
Arnold right, Cramer wrong, Arnold called 2.00
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Sammy boy Sammy boy 2 weeks ago
You guys been buying dips for 12 years, how many more can you buy?
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Sammy boy Sammy boy 2 weeks ago
Viking can I get a witness ? Lmao !
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Louie_Louie Louie_Louie 2 weeks ago
It's criminal that Lamberth is procrastinating this out further and further, but the winds change come January and that may be what he is waiting for, possibly. Many of us think this ruling should have been finalized a year ago, but what recourse do shareholders have when the class action lawyers are more than willing to watch the amount gain interest so they can tap a bigger payoff. They'll not open their mouths until those who filed the class action crack the whip on them. Pretty sure though that the lawyers are advising them to stay quiet also so their payout gets bigger. So those of us stuck under this case are left hanging and hung out to dry. It would be Karma if Lamberth kicks the whol thing to the curb and creates a retrial situation under the new administration. That would basically kick the class group plantiffs and their lawyers in the nads since then the plantiff woud start being billed for hours again. Ssitting and waiting for a greedy payout sould end up being their downfall.
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jacklanvo99 jacklanvo99 2 weeks ago
Sell sell sell…i am buy buy buy ha ha
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Sammy boy Sammy boy 2 weeks ago
Trump stock alright !
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QueenVic QueenVic 2 weeks ago
Da hastenfeffer. Maybe it would make some sense to give him a call at:
1-800-FAT-FUDD

He's supposed to be a Honorable person of the court. And what about "deadlines"? I don't have an account to research the court hearings (pacer) although you would think there was 'something' written or even said. Or the BIG "if"...

We wait until #47 writes his firing list of FHFA personnel-
...Then I wonder if the case can be dismissed after all?
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Sammy boy Sammy boy 2 weeks ago
RU ready for 2.19?
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Louie_Louie Louie_Louie 2 weeks ago
That is great KARMA. Does anyone know on here if shareholders of common and prefs are locked in for the court award? It's been said yes and no. Some have said Lamberth has locked it, otherrs say he has to make final judgement. Is there anyone who can state definitively that Yes shareholders as of (???) will be paid as part of the class?
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Viking61 Viking61 2 weeks ago
Wasn’t it you who said .43 before .80 or something to that effect? You’ve been doing this all the way up to over $3. Now you’re saying the same BS with hire numbers. Get real!
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KenKong KenKong 2 weeks ago
This didn't age well. ... Hahahahasnork 
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tuzedaze tuzedaze 2 weeks ago
Interesting quote by Trump…..

https://truthsocial.com/@realDonaldTrump/posts/113573130299319701

https://www.cnn.com/2024/11/30/politics/trump-brics-currency-tariff/index.html

“The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy,” Trump posted on Truth Social on Saturday afternoon”
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