Fannie Mae (QB) (FNMAJ) 뉴스

Damn, are you the new cheerleader? Seems like the team member take turns to cheer none stop.

And I'll tell a something, the GSE's will be freed, so fast, so fast. Yah wanta know why? I'll tell yah, nobody in the WORLD wants to be locked in one of my cells, I mean No Body. Yah know I've had some of the worst criminals, really bad people, really bad say to me, "Please Sheriff, send me to Levenworth, Alcatraz, Guantanamo Bay to be tortured in solitary confinement. Just don't put me in one of your cells. I'll do anything you want Sheriff, I'll say infinite Hail Mary's until I leave this earth if yah just don't put me in one of your cells." That's what so many have said to me. So I don't want anybody to worry about the GSE's. They're gunna be fine, just fine.
$FMCC~ $FNMA~

Ending GSE conservatorships a ‘show-me story,’ says BTIG
BTIG says a “considerable amount of our time is spent thinking and talking about” Fannie Mae (FNMA) and Freddie Mac (FMCC) because those “mortgage behemoths are integral to the housing market,” though with President Trump returning to office in just a few days there has been a pronounced increase in questions and conversations about whether the government-sponsored enterprise conservatorships will be ended. Following “years of missteps and no steps, ending the GSE conservatorships is a ‘show-me story’ with the first step being signs of policy alignment” at the Federal Housing Finance Agency and the Treasury Department, argues the firm, which needs to see signals of those two entities pursuing the same goal. The Treasury Department’s senior preferred position is “concrete on the top of FNMA and FMCC’s capital stacks,” which must be addressed, BTIG added in a note to investors.
https://www.tipranks.com/news/the-fly/ending-gse-conservatorships-a-show-me-story-says-btig?utm_source=markets.businessinsider.com&utm_medium=referral

All I have to do is lock up FHFA and UST together in the same cell

until they unlock the GSE's cells.
$FMCC~ $FMNA~

The GSE'S should put the UST in Conservatorship.

The culprits will make sure NOT released in our lifetime !!!

Yes, The 10,000+ discovery documents what’s up with that? When will this information be released?

With this stupid understanding, maybe the TBTF banks should ALL be put into conservaship to help prop up the housing market & economy LOL

Who could forget Helicopter Ben

Yeah it would be nice to get a good look at the classified documents that they don't want us to see.

Red Cloud if I may chime in on this…

Straight from the Treasury Secretary’s mouth and the Federal Reserve Board with no reservations plainly stating the companies would be used to help prop up the housing market.

Paulson said it best himself, when he told the Financial Crisis Inquiry Commission, “[Fannie and Freddie], more than anyone, were the engine we needed to get through the problem.” Treasury needed Fannie and Freddie to help keep the financial system afloat, and it simply took them, under pretense of a rescue. (nationalized)

The Federal Reserve’s program purchased MBS issued by the GSEs. The Treasury / Federal Reserve freely admitted the GSE's were used to help prop up the housing market.

It’s been argued the GSEs did not purchase toxic securities, (worded toxic or not), will not void the fact the GSEs were used to funnel purchases made by the companies to the fed.

From Board of Governors of the Federal Reserve System
95th Annual Report 2008

Quote: "since the November 25 announcement of the Federal Reserve’s program to purchase MBS issued by the housing GSEs and Ginnie Mae, and they currently stand at 5 percent." End of Quote page 19

Link: https://www.federalreserve.gov/boarddocs/rptcongress/annual08/pdf/AR08.pdf


Quote: "It's a big event that the Federal Reserve is offering to buy up nearly 10% of the agency mortgage market," said Art Frank, a mortgage strategist with Deutsche Bank Tuesday morning, the Federal Reserve announced that it would buy up to $500 billion of mortgage bonds guaranteed by Fannie, Freddie and Ginnie Mae, providing the ultimate support to prop up the $4.8 trillion market of these securities. The central bank also will buy $100 billion of the mortgage finance companies' debt securities, including that of the Federal Home Loan Bank, through reverse auctions starting next week. So far, other initiatives to prop up the market including a plan to have both the government-sponsored enterprises buy nearly $200 billion of these bonds and the U.S. Treasury's unlimited purchase of these bonds have done little to stop the weakening of risk premiums on mortgage bonds. As a result, mortgage rates have remained at elevated levels with little relief to consumers." End of Quote

Link: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=33791597

Paulson & His Banking Friends...

Something occurred to me regarding this very topic the other day. Fannie and Freddie, NOT being TBTF banks, were a perfect vehicle to be used for bailing out the Big Banks. My understanding is that it is well understood that the Great Depression was caused by massive bank failures, and apparently Ben Bernanke is an expert on this very subject. Conceivably the GSE's ( or potential failure of the GSE's ) would not have resulted in the same systemic catastrophic failure as collapse of the banking system. This notion also validates the idea ( more evidence ) that Fannie and Freddie didn't need to be "bailed out" since their failures, should they have happened, would not have caused the same level of economic damage as the Big Banks failing.

So the GSE's were used to bail out the Big Banks precisely because they weren't Big Banks - you can't use a sinking ship to save a sinking ship.
Lots of blame for the Conservatorship is placed on Hank Paulson and James Lockhart, but viewed from this perspective it looks to me as if Ben Bernanke's fingerprints are all over the Conservatorship

Best thing posted all week

Exactly, we need to focus once again on the $2.50 wall. Perhaps some gaps to fill along the way.🤪

Oldie but a goodie….


https://x.com/stealthqe4/status/1872735219536801847?s=61

Feels like that discussed $3.50 wall now has a moat, mine field and no-fly zone protecting it. Heck, I can't even see it any more.

My Grant Deed is from the County Fee Simple. You're kind has been coming and going for 60 years. Enjoy Phoenix. You can visit your old house on the weekend.

Not even close to reality. Just another jealous Section 8 renter. Even if you have to live in a crime ridden neighborhood, best to own.

Dump your house now. The bank owns it, not you. The equity is going poof!
Bradford's dad isn't going to bail you out too.

Opinions very. I can tell you fella that the 3:10 to Yuma/boom fella appreciates my GSE insight.

I'm nobody’s judge. I’m a filthy rag saved by grace through the blood of Jesus.

I'm simply acknowledging the fruit you bear and am genuinely curious what drives it.

You’d be hard-pressed to find anyone on this board that would characterize your input as "optimistic".

Very judgmental, I am a long term shareholder that is very optimistic. Please do not judge fellow human beings, very hurtful.

I do look forward to input from Along4zride, ne is never wrong

No actual news, this is fantasy land... pops and DROPs. Trains to Yuma... BOOM

Ya, trade da pops & DROPS. I read that previously

What news?

More David Fiderer….. good post….. https://x.com/ny1david/status/1872693396344856848?s=61

Sell De POP! Before da Equity DROP!

the GSE mkt has an extremely short attention span

combine that with OTCBB Naked SHORTS & Criminal OTCBB

MM's etc etc etc ... next actual news return to recent Highs

Lamturd ruling after Fri mkt close ? next positive GSE release article ?

trade the pops & Drops or wait for GSE earnings machine Divies returning

somebody trying to buy a boatload at $2.49/$2.50

The closer we get to the new administration, the further the prices declines. I know the recent runup was all based on the promise of the new administration, so why the retreat?

Catman Sez we're going to Katmandu

$FMCC~ $FNMA~

No 3:10 to Yuma or Boom! Both GSEs deep in the red, FMCC below $2.50 and FNMA clinging on to the $2.50 level for all her life. I wish Along4zride or Cousin Arnold would provide some expert level GSE guidance.

Wow. Just wow.

If anyone with more patience that me would like to hear what Calabria has to say and report to the board:
https://podcasts.apple.com/us/podcast/former-director-of-the-fhfa-chief-economist-to/id1534318333?i=1000681839091

Sell the house, rent an apartment and use the equity to buy more shares.

Next year in 2025 you’ll be able to buy 4 houses with your profits.

No reason to sell, a lot of equity in my house. Prices are so good in San Diego that I could rent a house half the square footage of mine and pay hundreds more per month than the price of my mortgage payment.

Sold everything??

Wishing fudge "lack of Choyce" a non digestible lump of coal for his lack of GSE work. "Much appreciation" for your basement hiding behavior towards the GSE lawsuit.
The robe wearing charlatan focused more on the horn wearing Jan 6 shit show than on the 16 year govt scam job.
I hope they fack up your retirement fund..
FNMA
You get nothing but a crap stain on your santa fishnet sock...

This could very well be the last time FNMA & FMCC don't go up year end just on window dressing. Once free, all funds will be grabbing shares to show their investors how smart they are to own shares in corporations that earn over $15 per share annually.

I wish the market had your faith Navy? It was a nice bump from the election but it's been a slow bleed since if there was even a whisper of something positive happening here we'd be at 5:00 or 6:00 by now....

Fannie / Freddie release will happen 1st - then NYSE uplist (divs restarted)

price will run as expected by the Lemming Horde returning

" if " warrants aren't bought back as they should be - they won't

be immediately exercised and sold until price has Run its course

NO Conversion / No Dilution delusion or even Reverse Split

the ignorant idiots that incessantly reply to articles posted for

information "only" - what this board is intended for and NOT

an endorsement or agreement as to what is being written

on X or podcasts or Youtube.com etc etc etc - Braindead children

go back to yer retirement home face down in yer oatmeal

One will decide.
This isn't a random variable. Nobody is going to spin a wheel to determine how much equity the Treasury decides to steal. This will be a directive and decided by half a dozen people, or maybe less.

Nobody is stealing on MY watch!
$FMCC~ $FNMA~

U.S. mortgage holders are sitting on record levels of home equity, casting a spotlight on their willingness to tap this wealth as expected rate cuts make equity utilization more affordable. Americans with mortgages held $17.2 trillion in home equity at the end of Q3 2024, or $11.2 trillion of ‘tappable equity’—the amount homeowners can borrow against while maintaining a healthy 20% equity stake in their home—according to ICE’s mortgage, property and home price data. Real information, no Booms or 3:10s. For all you renters and your 100 shares of FMCC, good luck lol.

Entire article: https://www.cnbc.com/advertorial/2024/12/04/could-anticipated-rate-cuts-lead-to-more-home-equity-lending.html?utm_campaign=NativeTout2&utm_source=Polar&mvt=i&mvn=beaa5ba5492b4678bcac1c809297404a&mvp=NA-CNBC-11239420&mvl=%20%5BNativeRiver%5D

If you can't."Rehabilitate then Amputate"

From reliable sources, FNMA will top 25 cents to the green on Monday

could be a fee reduction

could be a fee reduction

I am not sure why a private for profit GSE would beat up a profitable and apparently competitive fee (even with the higher fee F and F own more of the market --- WHY ?? beat up on a profit center while eating up the competition?)

But - yes - a 1/2% reduction in fee would pass through to banks/borrowers - but best I understand the fee - it is one time upfront and if the fee works like points amortized over time --- that would be one point (1% upfront) payment = 1/4 % reduction in interest on the mortgage (took four points to buy down interest over time by 1%). So a 1/2 of one percent one time up front reduction would reduce mortgage interest rates by one eighth of a percent ------ which is a burp

I see your point but do not see how it has much impact. I want my company back or at least 20% of it !!! but I am not pushing how that win for me as old equity is GRRRREAT for the consumer (would not hurt to some minor benefit IMO)

Along4zride what do you recommend we do going into the weekend? You have always been one of the wisest investors that I have ever had the pleasure to take investment advise from.

Should we get rid of shares and not take the risk holding over the weekend? Please advise us minions what to do, that 3:10 to Yuma isn't arriving.

Fresh lawsuits will thwart ROL GUY speculations. The incoming Administration needs to settle suits and wants to giterdone without delay for big picture reasons both public, and private. The chump change raised by Warrant exercise pales in comparison to Tariffs on China, Canada, Europe etc. They don't want the release bogged down by courts. Remember when SM stated release will be difficult with the active suits? He was right about that if nothing else.
The GSE'S cost the taxpayer $0, has paid all of FHFA's costs to exist, and returned a handsome profit to the taxpayer. They're worth more to Gooberment paying taxes on their profits outside of conservatorship.

I would adamantly disagree with that post. There is absolutely zero basis other than a simple guess. If even remotely close to fact, the GSE shares would be increasing in price. Stocks move upward with good news, currently the commons are having a hard time staying out of the red.

Glad you all know about the WALL.

Same o sh$t show every time!,, 3fiddy