Fannie Mae (QB) (FNMAG) 시세

This is very important so I hope you don't mind if I enhanced it just a bit!

How settements worked: there was a settlement amount which is $63 Billion from 18 banks. Every settlement had clause that if bank can give$1 Billion to the Non Government Organizations then bank can deduct $2Billion from settlement amount before giving settlement amount to the treasury.

$ to treasury=Settlement $ - 2x$ given to NGOs

Only number we know is the settlement amount which is $63B from 18 banks. Every settlement had clause that if bank can give $1B to the NGOs then bank can deduct $2B from settlement amount before giving settlement amount to the treasury.
This NGOs money is siphoned to the politicians and swamp.
This is why I hate Obama.

I think there was two part of settlement-
1. Damage amount which GSEs received it
2. Fined amount which treasury received it minus 2x amount paid to NGOs.
I donot know what happened to 5% dividend on bailout amount which was agreed under Bush. Did banks paid 5% dividend?

Another scenario to consideer is this:
Assuming some definite decision is made to Release and/or Re-list, I'm thinking people close to that decision are gonna be packin' in shares like WILD MEN before we even hear of an announcement to Release/ReList

Let Pulte and Bessent know

FHFA.gov used to have this information, but I don't see it anymore. Luckily, it's still on Propublica site. Dividend payments were due quarterly, the quarter after the "bailout" was received. Look at Fannie. The first transfer of funds from Treasury to the corporations was Q1 2009. Fannie made $25 million payments to Treasury the same quarter. The only math that works is 10% of $1 billion divided by 4. For Freddie, look at the second dividend payment of $370 million. The math is Treasury $13.8 billion + $1 billion Commitment fee = $14.8 billion divided by 4 for quarterly dividend of $370 million.

https://projects.propublica.org/bailout/entities/158-fannie-mae
https://projects.propublica.org/bailout/entities/230-freddie-mac

I don't know......

the Democrats aren't that organized, couldn't organize a two car parade....

FNMA/FMCC
Continued low pps is certainly gonna come within the
vision of Wild-Eye HawkEye Buffett when you take
into account his own admission that he "fumbled,"
the ball when he didn't buy Fannie and Freddie
when it was ripe to buy. Become a Buffett - Load Up

email from Rule of Law Guy:

FHFA Recovered $25 Billion on Behalf of the GSEs in GFC Fraud Litigation Against Originating Banks.

That Money Went to Treasury.

Shouldn't That Be Added to Treasury's Total Recovery From It's SPS?

The Answer, of course, is YES.

Which Means that Treasury has Recouped $326 Billion from its $187 billion GSE Senior Preferred Stock Investment

Rule Of Law Guy - Mar 8

READ IN APP 

It is a little recognized fact that FHFA litigated, on behalf of the GSEs, against several national banks which originated mortgages that were sold to the GSEs in the period leading up to the Great Financial Crisis in 2008, and which also led to the GSEs’ conservatorship and Treasury’s $187 billion GSE senior preferred stock investment (“SPS”).

It is an even less recognized fact that FHFA recovered some $25 billion in damages from settlements in that litigation (the consolidated case is Federal Housing Finance Agency v. Deutsche Bank AG et al, U.S. District Court, Southern District of New York, No. 11-06192, before Judge Denise Cote).

It is difficult to source these facts.

FHFA used to have a webpage setting forth this information, but it has now been deleted. For example, FHFA Office of Inspector General referred to this litigation at footnotes 35 through 39 of its report on Enterprise Reform, but FHFA has deleted the webpages to which these footnotes refer.

One source that documents FHFA’s $25 billion recovery on behalf of the GSEs comes from the website of one of the legal counsel that FHFA retained to conduct that litigation, Selendy/Gay¹

Selendy/Gay states the following, among its representative engagements:

Federal Housing Finance Agency, for over seven years in the Southern District of New York and the District of Connecticut, as lead counsel across FHFA’s entire platform of RMBS litigation, obtaining $25 billion in recoveries for U.S. taxpayers in residential mortgage-backed securities suits against Bank of America, Barclays, Citigroup, Credit Suisse, Countrywide, Deutsche Bank, First Horizon, Goldman Sachs, HSBC, JPMorgan, Merrill Lynch, RBS, and UBS.

Why is this relevant?

In the process leading up to an anticipated GSE recap/release under Trump 47, there will be negotiations between Treasury and FHFA as to what additional economic return Treasury should be entitled to in connection with Treasury’s SPS.

Treasury’s SPS investment totaled $187 billion between both Fannie Mae and Freddie Mac.

As for Treasury’s return on the SPS to date, the GSEs report in their financial statements that they have paid back to Treasury an aggregate of $301 billion (denominated under the net worth sweep provisions of the SPS as dividends).

This has resulted in Treasury earning a 11.4% IRR on its SPS. See p. 73 of Ackman’s recent GSE slide deck.

This return to Treasury of $301 billion from the GSEs is expected to be used by Treasury and FHFA to determine what additional return Treasury should be entitled to, through its 79.9% warrant position in each GSE, in connection with GSE recap/release.

Isn’t this $301 billion return figure $25 billion short of Treasury’s actual return?

The $25 billion aggregate recovery that FHFA recouped from banks’ fraudulent selling of mortgages to FHFA was the GSEs’ money, the recovery of the GSEs” damages. However, under the GSE conservatorship, this $25 billion aggregate amount went directly to Treasury.

In considering whether Treasury should cancel its SPS for no additional value in connection with GSE recap/release, shouldn’t Treasury, FHFA and the GSEs all agree that Treasury has recouped $326 billion from its investment in the SPS?

* * * * *

As always, this substack provides investment analysis, not investment advice. Do your own due diligence.

1

FHFA retained the firms Quinn Emanuel Urquhart & Sullivan and Kobre & Kim as well to represent it. Phillipe Selendy, formerly of Quinn Emmanuel, formed his own firm in 2018 after leaving his former firm, where he developed his reputation as the “go to” lawyer for mortgage fraud and misrepresentation lawsuits on behalf of plaintiffs.

Guido, that’s interesting thanks for sharing. I did not know Fannie and Freddie sent to the Treasury $25 million each paid quarterly $100 million yearly, And this was before they actually received any " bailout" … if it’s convenient will you kindly provide the page numbers on the financial statements of the companies to this information.

Fannie will say goodbye to all of Us!!

and a diamond is forever.

50x to 500x potential, still a lot of upside. big boys are loading up

Still a diamond 🔹 in the Rough!! A dollar and change just a while ago!!

There's a rumor floating around over at
Sarah's Pool Hall and Massage Parlor
that Swift Sally told 8-Ball Louie that the
sellers in our big sell off the last few days
were Democrats and/or their strawmen,
hoping to scare everyone out before THE BIG ONE!

With all FnF good news we should be sitting at $10 !!

There will be no conversion.

He pulled a fast one MayUFoolUs.

Feels a lot like when it dropped to $2.50 back in what December? I bought more FMCC at 4.51. Still will buy more if we head toward $4

I think the price drop is over and it will go back up next week. I observe that the price dropped 30% after it made new high. It happened twice already in past 2 months. This can be the third time. 

Thanks ScottaL and MRJ25 - Next we are looking for a Motion to Proceed. For Scott Turner - The Motion to Proceed - passed a week after the nomination as submitted to the Senate and Turner was Confirmed 10 Days after the nomination was submitted.

For Pulte - if the timeline is the same the Confirmation could come as early as March 16th if Cloture is required and less if Cloture is not required - assuming no USG Shutdown. I had expected March 19th for Confirmation but perhaps a few days earlier for Pulte - assuming NO USG Shutdown. Good News overall because we should be expecting Executive Orders on the Sovereign Wealth Fund and perhaps some inclusion of the GSEs in the Budget Reconciliation Bill.

https://www.congress.gov/nomination/119th-congress/13/12

Mrj25,

Thanks for all you do for the board!

Recapitalizing the GSEs through Administrative Action
Former CEOs Explore Conservatorship Release
Virtual Event

Tuesday, March 18, 2025, 1:00 p.m. to 2:00 p.m. ET
https://events.urban.org/CEOsExploreConservatorshipRelease?&utm_source=urban_events&utm_campaign=recapitalizing_GSEs&utm_id=housing&utm_content=general&utm_term=housing

https://www.nationalmortgagenews.com/articles/bessent-says-housing-will-unfreeze-in-weeks-sees-2-inflation

From Reddit:

Pulte full Senate vote
EXECUTIVE CALENDAR

By Rachel R. Creviston, Executive Clerk ONE HUNDRED NINETEENTH CONGRESS Monday, March 10, 2025

FEDERAL HOUSING FINANCE AGENCY

30 13-12 William Pulte, of Florida, to be Director of the Federal Housing Finance Agency for a term of five years

NO WINE BEFORE IT'S TIME

Thanks FOFreddie. Hopefully, someone questions him about it.

https://www.influencewatch.org/non-profit/power-forward-communities/

Tim Mayopoulos who was a FNMA CEO is part of a group that received $ 2 billion of EPA funds from the Biden Inflation Reduction Act. He is a democratic donor.

The name of the entity which was formed in 2023 is called Power Forward Communities, Inc Formed in 2023 after the IRA Legislation was passed and then received $ 2bn in taxpayer money in 2024. Form an entity and get billions of taxpayer money.

https://nypost.com/2025/03/05/business/john-podesta-375m-epa-slush-fund-gave-billions-to-newly-formed-charities/

Another excellent post Rodney.

Since you mentioned the commitment fee and people often say it wasn't paid, I believe it was the first billion$ added to the "bailout". If you look at the money Fannie and Freddie sent to the Treasury, it was $25 million each. And this was before they actually received any " bailout" to buy the bad loans. 10% of a billion is $100 million per year. Paid quarterly, it's $25 million.

.BOOOOM .BOYS is making lots of money from 0.40 to 7+$ , stop crying FNMA loser

Buy / Sell Ratios -

Hello BBANBOB, I tried doing a Google search on this metric, couldn't come up with anything definitive. But, thinking about it - every stock sale comprises a purchase and a sale in equal numbers so such a ratio may not have any value per se. I think I know what you're trying to see with this, but ultimately the sentiment you are wanting to determine is most likely revealed in the advance or decline in the share price alone.
I did try to view a similar metric - Put / Call options ratio - but it appears as if that information isn't available either for some reason.

https://www.nasdaq.com/market-activity/stocks/fnma/option-chain

$$$BOOM! NOT AT ALL FELLA
Fake news, only an opinion piece posted as fact. Boy is losing, time to grasp at straws in an attempt to make folks feel good about a long red week of steady declining pps.

Anyone that graduated elementary school would agree.

https://therevolvingdoorproject.org/privatization/

Kthomp, thanks for correcting my mistake. Actually, I knew this before posting the writing wasn’t thinking at the time… See, it’s easy admitting I was wrong, you should try it sometime.

-R “ The number of shares outstanding depends on price per share at the time converted.” wrong

-Kt “ The conversion does not have to depend on the then-prevailing market price at all.” correct

WARRANTS: Fannie Mae’s common stock outstanding 1,158,087,567 diluted by the warrants at 79.9 percent 4,603,542,119 adds a total of 5,761,629,686 shares outstanding, ( anyone is welcome to check my math).

The major difference between AIG and Fannie Freddie, the companies have a Federal Charter where AIG does not. And the companies has sent to the Treasury $301 billion… Federal Statute prevents a commitment fee attached the Senior Preferred Stock. What we need is a news outlet like the Wall Street Journal to publish the truth about Congressional Law that governs the GSE’s.

The company gave away the Senior Preferred Stock for free along with the 79.9 % warrants to be purchased at a nominal price. The Treasury did not pay to the company a billon dollars, only a promise of an illegal commitment on a line of credit.

Quote: “We did not receive any cash proceeds from Treasury at the time the senior preferred stock or the warrant was issued.” End of Quote
page 25 Form 10K December 31, 2008

link: https://www.sec.gov/Archives/edgar/data/310522/000095013309000487/w72716e10vk.htm#304;;;;

Senior preferred 1,000
Page 143

Quote: “If the warrant is exercised, the stated value of the common stock issued will be reclassified as “Common stock” in our consolidated balance sheet. Because the warrant’s exercise price of $0.00001 per share is considered non-substantive (compared to the market price of our common stock), the warrant was evaluated based on its substance rather than its form.” End of Quote

Goodbye along4zride.
I think you've missed something!
You don't understand politics.
Trump close people and campaign friends are invested in Fannie and Freddy.

You have no clue and a lot of it.

$Booom ! Trump's plan to free Fannie & Freddie

might change housing mkt for the better

The Housing Market is About to BLOW | 2025 Housing Market CRASH

Great video.  Grandma did a really good analysis.  Commons $300 could actually happen after conservatorship ends.

Trump's plan to free Fannie Mae and Freddie Mac might change housing..

https://x.com/freedomdayna/status/1898201955777851855?s=46&t=L_hszGlrG7Qfo9Ksmln_mQ

Which year?

There will be no doge firing at (FNMA). After extensive investigation the team was surprised how much money the government is making off the GSE's . 
They have decided if it ain't broke don't fix it . Taking them private at this point is off the table due to the enormous amount of money being generated for USG .

Now 39 Days Above $5.00!
FNMA
Date - PPS --- Volume
Mar 7 - $5.82 - 23,007,578
Mar 6 - $6.06 - 8,763,005
Mar 5 - $6.62 - 7,328,663
Mar 4 - $6.38 - 14,539,070
Mar 3 - $6.49 - 6,416,124
Feb 28 - $ 6.40 - 6,838,175
Feb 27 - $6.54 - 8,838,147 - Ain't they supposed to Re-List Us?
Feb 26 - $6.30 - 8,568,491
Feb 25 - $6.2457 - 11,457,437
Feb 24 - $6.81 - 12,116,881
Feb 21 - $7.27 – 12,226,299
Feb 20 - $7.45 – 18,465,326
Feb 19 - $7.70 – 12,390,202
Feb 18 - $7.25 - 13,978,600
Feb 14 - $7.089 - 10,474,587
Feb 13 - $6.74 - 12,756,457
Feb 12 - $6.93 - 8,596,324
Feb 11 - $6.82 - 5,052,103
Feb 10 - $6.70 - 7,983,887
Feb 7 - $6.61 - 7,822,510
Feb 6 - $6.85 - 32,439,154
Feb 5 - $5.98 - 13,605,816
Feb 4 - $5.48 - 5,756,414
Feb 3 - $5.16 - 13,762,512 (oversold)
Jan 31 - $5.49 - 5,825,993
Jan 30 -$5.65 - 5,238,534
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

You tell them AlongZ! Set those clowns straight.

Proud of you my boy.

Recapitalizing the GSEs through Administrative Action:

Former CEOs Explore Conservatorship Release

Tuesday, March 18, 2025, 1:00 p.m. to 2:00 p.m. ET

Virtual Event

Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs) that play a major role in the US housing finance system, have been in conservatorship since 2008. Many market participants anticipate the Trump administration will recapitalize these entities and release them from conservatorship. 

Please join the Urban Institute as we continue to explore the issues surrounding the idea of releasing the GSEs from conservatorship through administrative action. During this third installment of our seminar series, you will hear a moderated discussion?with three ex–GSE CEOs who?served during conservatorship. They will address four important conservatorship-exit topics. First, how has conservatorship changed these organizations—both positively and negatively? Second, what are the potential pitfalls of recapitalization and release that policymakers need to consider? Third, assuming the GSEs exit conservatorship without major operational changes, what is their potential to serve the market better through more innovation? And fourth, what is the impact on the mortgage markets if they do not get released from conservatorship?   

https://click.news.urban.org/?qs=0b07cbe76037af8c31407ab390d58fec585893fc72d29ca2b7b8ac368e925fe76dbff58b53fa8e08dc876e9db9e46a72fcdf59e02bdf231a0b801bbf6b1f734f

Wonderboy, stop dreaming !! LOL
Nothing real happening until April !!

Tuesday or Wednesday 

4-6 mo after release. best guess. anything is possible.

Yes, but magic question is what timeframe will it reach $70 !!

Mortgage rates fall again with largest weekly decline since mid-September

Freddie Mac said average rate on 30-year fixed mortgage fell to 6.63%

March 7, 2025

https://www.foxbusiness.com/economy/mortgage-rates-fall-again-see-largest-weekly-decline-since-mid-september

Also many errors and incomplete info

The author is jealous, no new info in the article.