Fannie Mae (QB) (FNMAI) Quote

He said liberation day....unless you're talking about the moon. Tariffs are like affirmative action - they were always meant to be temporary. Reunification after destruction or assisting emerging markets. I personally look forward to balancing out the imbalance of tariffs. Some will go up, some will go down - but rest assured there will be more balance.

Fannie Mae loves Freddie Mac
But the higher our pps goes, the more SKEEERD i get
Someone out there is ready to throw a wrench into our party,
I can feel it in my nose - i can feel it in my toes

T said Libration day (GSE?) is 4/2. Tariff can't be libration

More or less attributable to time-risk associated with less capital than Fannie even though on paper Freddie has a better valuation. Should be resolved with the revised ERCF. There's also a component where Fannie is the 'bigger' 'older' brother and as such he gains a little bit more attention ($) from investors. Right, wrong , indifferent - that just be the way it be. Go figure....

Hopefully not for long! There's the one gap that needs to fill.

Hard to picture Fannie Mae being $1.16 higher per share than Freddie Mac!

A major pop-and-lock is still coming!

Holy crap.

"Signs are mounting that Trump could take Fannie Mae and Freddie Mac private"

I keep reading these types of headlines and wonder if the authors did any sort of research at all before exposing the world to their knowledge, or lack thereof. Fannie Mae was made private in 1969 and Freddie Mac was created as such in 1970. They have remained private since then and to this day. What these headlines ought to reflect is this administration will rescue the GSEs from their kidnappings by our own, politically charged government and set them free. They have been private for 56 and 55 years, respectively. You can't make private what is already private.

Agree - it would just be more shenanigans on top of shenanigans.

BOOM! Closed at $7.10!

Based on today's trading range and the number of shares sold. Well over $100M has transacted today.
- It is a good day for the longs.
- It is nowhere near what would happen if the GSEs are Relisted. To put it bluntly...You could add all the times BOOM has been said on the board by everyone together. and it will still look like a test fire of a tiny booster on a launch stand compared to the actual BOOM of this stock if we relist. There are hundreds of Billions of dollars on the sidelines because this stock is not listed.

There has been a feeling for some time that some here want a settlement at any cost. Such as, you stole my house but I'll be quiet if you return the kitchen sink. To heck with the kitchen sink crowd, I want my house back and restitution for keeping it away from me for more than 16 years.

?

I had handicapped this as roughly May 19th for announcement. And I'm a good handicapper. What you hearing / manifesting over there lil buddy

PRIVATIZATION NEWS IMMINENT!

Waiting for us to have a day like MLGO is today!

another crystal ball.

That's easy, ALL TBTF banks want into the action before the EO is signed and delivered !!

Question is - who?

In this case, its a no

I'll add this to your list of 0/1000 correct predictions. Be gone fool.

Yes buy buy buy. Don’t miss out on rocket ship

Typically yes but can be no. Go figure....

Cannot belive it, lots more manipulations to bring it below $7

Nor does it include what DOGE is doing, etc., etc.

Not enough support here at $7. Not as much volume as on the first push this morning. Not sure if that is good or bad. Has to close above $7 for any run up in the next couple of days, notwithstanding any new news. If there is news, then it could certainly run

There is an accounting rule that the balance sheet should be added to that of the parent if the have a stake above a certain threshold.  My memory is that those making the takeover thought that the threshold was 80%.  That was why the warrants are for 79.9% and the SPS was structured as a liquidation preference. But I guess the Supremes ruled the Feds can do whatever and the Constitution can be ignored. 

calm down jr. Don't jinx it.

Back over $7!

Someone should ask Millstein.  My understanding is that a debt bondage contract is illegal under U.S. law; even if both sides agree to its terms.  Something about the 13th amendment.  As corporations are consodered "people" under the Constitution I don't see how the SPS cannot be considered paid.  I also recall one of the 5th circuit judges raising this point. 

They own the stock, not the company.

If the government owns 90% then does the $6 trillion in liabilities end up on their balance sheet ?

Privatization of Fannie and Freddie Appears to be Gaining Momentum

Privatization of Fannie and Freddie Appears to be Gaining Momentumhttps://t.co/daq30TcZgh— Cmdr Ron Luhmann (@usnavycmdr) March 24, 2025

Fannie, Freddie face uncertain futures, potential jobs cuts

CHLA executive director says it's 'premature to jump to any conclusions'
about Fannie Mae and Freddie Mac overhauls

Luke Baynes - March 24, 2025



https://www.scotsmanguide.com/news/fannie-freddie-jobs-cuts/

Fannie Freddie job cuts

On a Fox News segment that aired March 17, newly confirmed Federal Housing Finance Agency (FHFA)
Director Bill Pulte takes a Fox crew on a tour of Fannie Mae headquarters.

“We’ve got this big, beautiful area where employees are supposed to work. Nobody’s here,” Pulte says
as he knocks on the window of an empty office. Cutting to Freddie Mac headquarters, the camera
pans to reveal rows of empty cubicles.

Back in the Fox studio, Pulte tells host Laura Ingraham that there are 2,900 people who are supposed
to work at the Fannie Mae office, but only 49 have been showing up full time.

Conventional and Government Loans

It’s not clear when Pulte’s office tours took place, nor did the interview address remote work policies
at Fannie Mae and Freddie Mac, which are government-sponsored enterprises (GSEs) that collectively
back most U.S. mortgages.

In the wake of Pulte’s Fox News appearance, Fannie and Freddie have been rocked by administrative
shakeups. As head of the FHFA, which oversees those GSEs, Pulte already had broad powers to
facilitate changes. Those powers increased when Pulte ousted 14 board members at the companies
last week and installed himself as chairman of both boards.

Then, on March 20, Pulte fired Freddie Mac CEO Diana Reid and placed FHFA Chief Operating Officer
Gina Cross and Human Resources Director Monica Mathews on leave.

According to The New York Times, the FHFA also put 35 of its own unionized employees on administrative
leave last week. The Times further reported that Freddie Mac employees received an email notifying them
that they would be required to work in the office five days a week starting May 1. Fannie Mae employees
received a similar letter regarding an impending return-to-office policy, according to The Times.

In the midst of this upheaval, many industry observers have speculated that mass layoffs may occur at
Fannie and Freddie.

Pulte sidestepped a question during the Fox News interview about whether Fannie and Freddie workers
would be “getting DOGE’d” — a reference to the Elon Musk-led Department of Government Efficiency’s
wholesale reductions of the federal workforce. “That’s a good question,” Pulte remarked before quickly
redirecting the conversation.

A spokesperson for the FHFA declined to comment.

While Fannie and Freddie are sponsored by the government, they are publicly traded, shareholder-owned
companies and are not federal agencies. According to SEC filings, Fannie Mae had 8,200 employees as
of the end of 2024 and Freddie Mac had 8,076 full-time employees and 27 part-time workers as of Jan. 31.

The companies are also highly profitable, filings show. For 2024, net income at Fannie Mae was
$17.0 billion and $11.9 billion at Freddie Mac.

Scott Olson, executive director of the Community Home Lenders of America (CHLA), said in an interview
with Scotsman Guide that he thinks it is “premature to jump to any conclusions” about the implications
of the board overhauls and leadership changes at the GSEs and their regulator. He said the CHLA is
“focused on the policies, and that will be what’s important.”

The CHLA, which is a nonprofit association of small- and mid-sized community-based mortgage lenders,
sent an open letter to Pulte on March 18 that commended his stance that Fannie Mae and Freddie Mac
should not remain under FHFA conservatorship indefinitely. The letter also provided a series of
recommendations, including that “Fannie and Freddie should maintain their affordable housing footprint,
including condominium, investor and second home loans — without volume caps or fee increases
unrelated to risk.”

Olson told Scotsman Guide that he hopes any additional changes at Fannie or Freddie will not impact
their ability to work with a range of lenders.

“We want to make sure that if they cut staff, that it doesn’t come at any expense of reducing the number
of approved seller-servicers, because that’s kind of the essence of what Fannie and Freddie are,”
Olson said. “They really are an entity that creates access to the secondary markets for smaller lenders
through the cash window, and their role is to serve a wide variety of lenders.”

looking forward to the EO.

hope you get your miracle.

anyway, curious to see.. let me know when you file your litigation against the government here and what claims you have --- with respect to whatever restructuring terms the government pursues.

govt can steal all they want as long as they steal some for us too!!!!!!!!!!

Signs are mounting that Trump could take Fannie Mae and Freddie Mac private

David Hollerith - Mon, March 24, 2025

https://finance.yahoo.com/news/signs-are-mounting-that-trump-could-take-fannie-mae-and-freddie-mac-private-170121578.html

The stocks of Freddie Mac (FMCC) and Fannie Mae (FNMA) are once again surging amid
new signs that the Trump administration could be interested in loosening the government's
grip on the US mortgage giants.

That speculation got a boost last week when US Treasury Secretary Scott Bessent appeared
to suggest on a podcast called "All In" that the government's stakes in Fannie and Freddie
could land in a new US sovereign wealth fund already authorized by President Trump.



"Government has a big stake in Fannie Mae and Freddie Mac ... where does that go?" Bessent said when
asked about the sovereign wealth fund, without offering further detail.

The Wall Street Journal also reported this past weekend that the Trump administration
has, in fact, contemplated an executive order that might include studying the privatization
of Fannie and Freddie.

A proposal has been shown to the administration, according to the Wall Street Journal,
outlining how Treasury's ownership of the mortgage giants could be moved to the
sovereign wealth fund.

The stocks of Freddie and Fannie — semi-acronyms for Federal Home Loan Mortgage
Corporation and the Federal National Mortgage Association — rose more
than 8% Monday.

When did I say government DOESN'T exercise warrants? I think that might be 1st step

True. Many times.

Jog49: Sorry I didn't respond to your post. Since I'm limited to only 3 posts a day, I have to stay silent until I have something strong to say. I do now.

I'm confused that the long timers here aren't more excited about Bryndon Fisher finally getting a hearing.

FOR THE BENEFIT OF NEWBIES:
Fisher's two cases are derivative. He filed them on behalf of Fannie Mae and Freddie Mac challenging FHFA sending their equity to the Treasury.

His suits ask that the roughly $30 billion over payment made on required dividends and principal payments per original SPSPA be returned to the corporations. 11 years of interest would make it substantially more. This refund would put Fannie over the 2.5% capital requirement and Freddie very close to it. SPS would be written down to zero and Liquiditation Preference would disappear.

During Collins Hearing in SCOTUS, one of the Justices asked Collins' lawyer why he didn't bring a "takings" case before them. Fisher's cases are takings. It means the government took something from the corporations without fair value compensation.

CHEERS! MAY TRUTH AND JUSTICE PREVAIL!

Transparency does not include the 11,000 documents! LOL! My thinking is then there is no transparency. What say you?

"any" Fannie/Freddie Media attention on X or TV is BULLISH

at this point since Privatization / RELEASE is being discussed in all those places ...

even by those calling previously for WIPE OUT of the GSEs ...

consensus is for PRIVATIZATION - it's all BULLISH from here on out ...

ps .... Sold my 3,500 FMCC flippin' shares @ $5.95 since FMCC didn't break $6.00

FMCC FEDERAL HOME LN MTG Filled Sell 3,500 Limit $5.95 Day $5.95

$5.85 X $5.86 $5.85 9:54 AM 03/24/2025 10:00 AM 03/24/2025

Would spspa warrants be able to be placed within sovereign weather fund and extended to allow conversion after ipo or up listing?

Catch 22

Riddle me this Batman

Why would the admin do anything without stealing more?

What’s in it for them besides doing the right thing to help housing?

I/we would all love cancel spsa, lp, warrants and it’s the right thing to do because govt has been more than paid back

New treasury Bessent has already said stuff about govt investment and swf which is ???

I seriously don’t know what or how other than EO is coming

Whatever happens next and how is the question?

Maybe Ackman knows no way anything happens without giving away warrants then let release happen and sue later
Idk

But new administration could do the unimaginable and we could get all that we want

Why? Show the theft and release the 11k docs

Go FnF

Back when it happened, many commented that the "deal" looked like something the mob would have come up with as it pertained to shareholders. Over the past 16 1/2 years, we have learned it was MUCH worse than anything the mob would have subjected us to . . . . . .

As long as people talk about privatization we are in a hall of mirrors. FNMA and FMCC are shareholder-owned companies. The question is whether to release and refloat the companies. Millstein places the total value of the companies at $300-$500 billion with the Feds owning 90%.  That would leave $30 to $50 billion for shareholders. If SPS is deemed paid off shareholders would have $60-$100 billion by his math. 
Debt bondage has long been illegal in the U.S.   I still do not understand how paying all income to the governmentment with the amount owed actuallly increasing along with the payments passes legal muster.

"Government has a big stake in Fannie Mae and Freddie Mac ... where does that go?" Bessent said when asked about the sovereign wealth fund, without offering further detail.

Yes - the GOVT does have a big stake in Fannie and Freddie (cause it was stolen). Where should it go? How about back the owners. This was all an opportunistic orchestrated heist.

Why you tag this as bullish makes no sense. Millstein can fuck right off with their analysis. Clearly says that GOVT has been paid back, acknowledges that it shouldn't be done - yet advocates for it. Shame on you commander.

Yahoo Finance.  Lots of exposure in the last 24 hours.  We will close above $7 today.  Ready the whale horn for power hour.  It's about to blow.  Brace yourselves.
https://finance.yahoo.com/news/signs-are-mounting-that-trump-could-take-fannie-mae-and-freddie-mac-private-170121578.html

Feb 20, 2025
High 8.00
Low 6.88
Close 7.43 on 18,465,300 sheers