Fannie Mae (QB) (FNMAL) News

That will not help FnF shareholders.

Carlos, can you start putting out cliff notes for your posts?

https://www.wsj.com/politics/elections/kamala-harris-policy-agenda-election-2024-9e057b83?st=fhpnbtmeiphz3b0&reflink=article_copyURL_share

Don't worry ): , there's probably another $1 Billion GSE gift that needs to be taken from the balance sheet on her to do list that needs "dispensing"..

The only 16 year and counting stress going on is how GSE shareholders have watched govrats use and abuse us.

Should common stock GSE shareholders ever have the chance to vote, the board members deserve nothing better than to get the f voted out of there.

If only we could save some chickens from their freeloading luncheons. cough cough.

FNMA

I appreciate you Guido. Appreciate all you are doing for our cause. Keep hammering on them.

Sandra Thompson has taken a page from Calabria's playbook:

Only in a 🍌REPUBLIC can political appointees give themselves dispensation from following duly enacted laws. Why won't Sandra Thompson release @FannieMae & @FreddieMac stress test results as required by Dodd-Frank Act? https://t.co/MV1HXld9HE— Guido da Costa Pereira (@GuidoPerei) August 15, 2024

Oh no. I think we are in trouble. Sherwin is having a sale.

How? This is all I see related to the GSEs as a whole.

Fannie Mae and Freddie Mac

Fannie Mae (FNMA, Financial) and Freddie Mac (FMCC, Financial) remain valuable effectively perpetual options on the companies' exit from conservatorship. There have been no material updates about the companies since our 2023 Annual Report.

This could explain today’s mini pop.

Bill Ackman's Pershing Square Semiannual 2024 Letter: A Review $NKE $BN $XAMS:UMG $GOOG $HLT $QSR $CMG $HHH $SEG $CP $FNMA $FMCC #stocks #investing #valueinvesting #Letter #Commentary #Value #Markets https://t.co/W9slptccqy— GuruFocus (@gurufocus) August 15, 2024

As a matter of fact yes I indeed called the whales with my new and improved super loud super obnoxious super duper whale horn from Amazon. They have already been spotted and should be arriving shortly at the NYSE.

Sherwin Williams strikes again.

FNMA
$1.15-$0.0500 (-4.17%)
Post-market: 4:09:16 PM ET, 08/15/2024

FMCC
$1.09-$0.0533 (-4.68%)
Post-market: 4:27:12 PM ET, 08/15/2024

What's with the (Post-Market) trades?

FNMA
$1.15-$0.0500 (-4.17%)
Post-market: 4:09:16 PM ET, 08/15/2024

FMCC
$1.09-$0.0533 (-4.68%)
Post-market: 4:27:12 PM ET, 08/15/2024

What's with the (Post-Market) trades?

I can't imagine what other judicial clusterfack Lame Lamb has planned for the GSE shareholders.

Hoping you're right.....There's no one telling him what to do, he wasn't even reprimanded for having spoken with incorrect GSE biased opinions on many occasions.

FNMA

Lamberth will order conservatorship release in your dream of your dream.

1. Biden trade = before 2025

2. Lamberth trade = before 2025


If it is Lamberth trade then Lamberth might give an order to fhfa to exit conservatorship to resolve shareholder contracts.

Tight was Right

Lamb will rule tomorrow to have lambchop evening

Did you call the whales?

Oh wow $200 this week.

200 here we come

It's Municipal land, not Federal land.

I've been out of the loop for a while: Anyone know wtf is going on with Lamberth's court? Hasn't it been 10 months since the ruling? Is there an appeal I don't know about?

Attaching links to Federal Lands in SF Bay Area that I can readily recall. There are definitely more.

https://en.m.wikipedia.org/wiki/Presidio_of_San_Francisco

https://en.m.wikipedia.org/wiki/Treasure_Island,_San_Francisco

https://en.m.wikipedia.org/wiki/Alcatraz_Island

https://en.m.wikipedia.org/wiki/Moffett_Federal_Airfield

https://en.m.wikipedia.org/wiki/Concord_Naval_Weapons_Station

A rising tide lifts all ships. Unless of course your boat has a hole in it.

Nice idea 💡 but needs work! Betting Harris and Walz will come up with better proposals

Federal land has been assigned already to very much needed resources already -

National Parks, Forests, Military bases …

https://views.cira.colostate.edu/fed/Pub/FederalLands.aspx#:~:text=National%20parks%2C%20wilderness%20areas%2C%20national,United%20States%2C%20to%20conduct%20the

Finally, some actual housing policy talk ... yes, it could start to be a catalyst - maybe a "bidding war" - now the other side will feel the need to announce some favorable policy of their own ... but it does seem a little messed up that we have to go as far as opening up federal land - it seems a better or at least additional approach would be to ease up on regulation nearer to cities and suburbs ...

1.17.....more to come!! Patience is the key!! You own shares in America!!

Sure go see the Dow.

Hey, who stole the reply i made last night? It was On-Topic, etc.

As if that money is still in UST coffers. As if the UST will ever admit to taking it under the circumstances which we all know.
#BestKeptSecret

I’m looking for a massive pop. Can someone help me ?

well the only good thing about the stock going down is the KTCarneyPOScircusBSclown crew mostly only comes around when price goes up. Dont have to put up with sidestepping fantasydelusional out of context facts to read other posts.

Use the $ 300 bn UST stake in the GSEs as a first loss position in a $ 3 trillion Affordable Housing Investment Entity.

Decision on what?
Also, there is just as good a chance that the bottom is .50 cents further south as there is that it is right here. There is literally NO technical information that justifies this PPS rising in any meaningful way. For that same reason, the bottom has no technical support either. It's been proven after 16 years that there is no path in the courtroom, the only way out is administrative exit, which is just as unlikely.

would be nice if we participated

but as F and F make money - it is the right direction to conditions that might maybe help us before I die of old age

Election year with affordable housing in the news we could possibly get a run up boys and girls. ;)

Institutional holders of $FNMA include:
1AGTHX Growth Fund of America
2DLHAX Delaware Healthcare Fund
3Garde Capital
4GOODX - GoodHaven Fund
5Pinnacle Holdings, LLC
6FRANK FUNDS - Camelot
7MAI Capital Management
8Northern Lights Fund Trust IV
9Wesbanco Bank— Patrick (@InvestIt3) August 14, 2024

$Bazinga ! $YUGE ! $Affordable $Housing $Announcement !

Boom ! ... Housing Announcement https://t.co/PUUgIPAtop— Cmdr Ron Luhmann (@usnavycmdr) August 15, 2024

The Equity holders expect penalties🆚crooked plaintiffs and media celebrities that have written against our economic interests in formal documents, not simple opinions "free speech", but part of an elaborate scheme to defraud us to the tune of a $500B scam, like Pagliara (book) and Bill Ackman (GSE slides and Pershing ducumentation) and being a holder of a 10% stake in FnF is an aggravating circumstance because people pay closer attention, for instance, when he praises a Balance Sheet ("Fortress balance sheets") with negative Book Value and adjusted $-216B Accumulated Deficit Retained Earnings accounts, an account meant for absorbing the future losses and where dividends are de facto distributed from. Also "Privatization": Sales of Cs from the Warrant and after the conversion SPS to Cs. Let alone the "FnF build capital through retained earnings", buying the Financial Statement fraud in FnF that don't post the gifted SPS LP and its offset on the Balance Sheets, at the same time they post $0 EPS. The E in EPS is the Earnings that he claims is being later retained by FnF, $0.
Basically, the same outlined in the Moelis Plan and the Trump Letter of 2021.

All of them had an obsession to make FnF pay a 10% dividend rate in order to deplete their capital, disregarding the UST backup of FnF at rates similar to Treasuries as part of the Charter dynamics, and concealment of the FHFA-C's STATUTORY MISSION that I was talking about in my prior post, as we see here with the hedge fund manager Gary Hindes, who removed it in an amended complaint:


The key: Up to three times is written in the law and pieces of regulation, that the capital distributions are restricted, and the plaintiffs jointly with their ally, the DOJ, have covered them up in court:
ONE. Amendment of the FHEFSSA in HERA. U. S. Code §4614(e).


TWO. July 20, 2011 CFR 1237.12, "the supplemental". A follow-on plan.


AND THREE Dodd-Frank law for nonbank institutions, section 166(c). U.S. Code §5366. Stress Test. It emphasizes that there must be implemented a Capital Restoration Plan: 16 years retaining earnings, carried out secretly thanks to the FHFA-C's Incidental Power: "... in the best interests of FHFA".


MACARENA! AAAAAY! 🎶

I don't think Treasury, nor the FHFA cares about what they're supposed to do, what they should do, and don't care about the 1994 GAO report, or any Dodd-Frank laws; they don't care about any Rule of Law, they don't care what WE think, what I think, or what YOU think, and side with Mel Watt's stance that, "I Don't lay awake at night worrying about {Fannie and Freddie} Shareholders" They are Schemers, Scammers and OUTLAWS - the purpose of imposing the Conservatorship was done for One Reason, and One Reason Only: to prevent Shareholders from filing a derivative suit that would have resulted in a number of Fannie and Freddie Board Members, and Officers going to JAIL.. In this, they have succeeded.

Just a matter of time!!

Yes. There is a good chance that we are hitting bottom.
Market is waiting for Lamberth's decision.

The FHFA's mission includes to ensure the maintenance of adequate capital under the FHEFSSA, which establishes an Adequately Capitalized threshold of Total Capital > Risk-Based Capital requirement.

That's a FHFA as regulator, but now it's a conservator with a mandate to put FnF in a sound and solvent condition, referred to the financial condition as seen on the Balance Sheets and measured with the capital ratios as well, not with: "I think that they are rehabbed". We use capital ratios to that end and where the Net Worth is NOT a valid capital metric under the FHEFSSA, regardless of being called "capital reserve" in the SPSPA.
The Capital Rule effective February 16, 2021, builds on the FHEFSSA with an express authority to change the weights and add new capital metrics inserted by HERA in 2008.
However, the Critical Capital level is missing in the ERCF table. This is because the Core Capital that has to meet this threshold is deep in the red (stuck at an adjusted $-194B core capital in FnF combined every quarter).
Mnuchin wants to repeal these definitions of capital in the law that bother them for the assault on the ownership by Wall Street and the Community Banks, jointly with the DOJ representing the UST.


The FSOC (Supreme Regulator) should bar FnF from publishing their annual Stress Test required in the Dodd-Frank law, until the FHFA and the UST come clean about their capital available, primarily because it requires Prompt Corrective Actions like HERA (REMEDIATION REQUIREMENTS) in its amendment of the FHEFSSA. A FSOC presided over by the Treasury secretary, so don't expect anything. When the regulatory agencies oversee themselves, there is a problem. It ends up covering up each others' flaws.

It's the Treasury Department of 2011 the one that specified an end point for the conservatorships of a Privatized Housing Finance System: Treasury recommends guarantee fee increases, FnF subject to the same capital standards as the U.S. banks.



Mnuchin and Calabria specified the end point even more, with an overblown CET1 (JPS, not included) > 3% of Total Assets in January 14, 2021, at a time when the ERCF was approved and about to be effective 2 months later, February 16, 2021, that states that FnF no longer use the Total Assets but the Adjusted Total Assets. Calabria was thinking of the prior FHEFSSA mandatory release that he struck with HERA, with Core Capital (JPS, included) > 2.5% of Total Assets (Capital Classification of Undercapitalized enterprises).
The reality is that under a Common Equity Sweep ship, they thought that this threshold of CET1 > 2.5% of TA could be achieved with a swap of JPS (held by Wall Street and the Community banks) and SPS (held by the DOJ) for common stocks, plus stock offerings on a great scale addressed to their hedge fund mangers that nowadays are lying in wait.

But under the Rule of Law, what is happening is a Separate Account plan that is restoring capital from the onset, at the same time the SPS were repaid in early conservatorship, that, as of June 30, 2024 renders a capital level of CET1 = 3% of Adjusted Total Assets, ideal for the redemption of the JPS and then, meet roughly 100% of their Prescribed Capital Buffers.

This is part of a longstanding government policy of Privatization of FnF, that is, repeal the Charter Act, as required in the FHEFSSA of 1992 with a study of two years. The Treasury of 2011 simply implemented it in its Report to Congress, as an end point for the conservatorships.


The 1994 GAO report pursuant to this 2-year study for the Privatization of FnF, highlights the UST backup of FnF at rates similar to Treasuries, as the reason why they get funds on the market a few basis points above the Treasury yields. That is, the Charter dynamics.

This end point was a mandate in the Dodd-Frank law, that doesn't state "the end point must be reviewed from time to time", just because the investment banks and hedge funds have found a line of business coming from the enterprises that secures them good deals.
Mnuchin said that there is no end point specified.

Yes...Bottom In
I'm callin' for
FNMA 10% - 15% GAIN tomorrow or at least by Friday (10 - 15 cents)
FMCC 8% - 12% GAIN tomorrow or at least by Friday (9 - 12 centavos))

Is this the bottom ? Bottoms up ?

OK -
Fannie Commons closes unchanged today
Freddie Commons up .0135
To me, it was a green machine day - Keep Packin' 'Em In
And Don't Look Back or Down - Look Up and Ahead - RALLY SALLY

I'd love to add more sentiment to this but I know what will happen.

They say no politics and the first thing someone does is bring up politics!! Lol!! Boards just like high school!!

FNMA - FMCC
TightCoil Sentiment - STRONG BUY