Fannie Mae (QB) (FNMAL) 시세

Whalen has been attacking GSEs spewing LIES for many years now ...

https://x.com/Alec_Mazo/status/1863675277425119436

Y'all need to step up the buying, otherwise this TWO FIFTY WALL will become a reality.

What exactly is not correct with this statement?
There is an unlimited amount of funding currently available to them so the distribution in cash or in kind is not technically keeping them undercapitalized." and "Calabria had no choice but to do what he could which was end the cash sweep."

[The Treasury was not authorized an unlimited amount of funding to the enterprises.
False. Treasury entered into the PSPAs on September 7, 2008, the day after FHFA placed the GSEs into conservatorship. Under the PSPAs, Treasury committed to invest in each GSE to the extent necessary to maintain a positive net worth. Treasury’s funding commitment was initially $100 billion for each GSE, but was subsequently increased in order to ensure a level of capital support that would provide confidence to financial markets and ensure the continued flow of mortgage credit.

HERA granted temporary authority to the Treasury to purchase obligations of the Enterprise, above the limits written in the Charter, The Treasury was authorized by Congress a limit of $2.25 billion to purchase obligations.

What is an obligation and what is the relevance to my claim that There is an unlimited amount of funding currently available to them so the distribution in cash or in kind is not technically keeping them undercapitalized." and "Calabria had no choice but to do what he could which was end the cash sweep."

We cannot only be happy on Green Day's swings are getting larger! 

All the negative PRs articles on Fannie and Freddie going private are put out by CNN who hate the new president and retail shareholders. Cramer is another loser who would love to see us lose our money investing here. They are our enemy and will celebrate when FNMA trades at $0.30 again. The good news is that our new president with his DOGE group will make sure the criminals of Wallstreet get stoped and do justice and send these MFers to prison. Now is a good time to load up on FNMA and FMCC.
GLTA FNMA SHAREHOLDERS

Wrong Release is for sure

49 days until all hell breaks loose !

Long and Strong Fannie Mae and Freddie Mac

SO glad Cramer talked about us

Many times there isn't a "reason" why a stock goes up or down. 90% of the time it's fear and greed. In other words, it's a futile exercise to try and figure out the "why."

Just trying to understand why the sell off?  I only have a small stake in this but it's the opposite of what I expected today 

Boy are you wrong

Right...this is all "MM's shaking the tree..." and not the absence of any verifiable info, meaningful technicals, poor earnings, etc or anything that would cause such violent movements. This is a day trading play, and for the foreseeable future, that's all it is.

Heavier volume selling ... is the release no longer happening?

Your statement is nowhere near correct. "There is an unlimited amount of funding currently available to them so the distribution in cash or in kind is not technically keeping them undercapitalized." and "Calabria had no choice but to do what he could which was end the cash sweep." not right

Director Calabria could have taken it to Congress who gave him Congressional Authority to put the enterprises in a safe and sound condition. Again, The FHFA Director does not take his marching orders from the Treasury Secretary.

The Treasury was not authorized an unlimited amount of funding to the enterprises.

HERA granted temporary authority to the Treasury to purchase obligations of the Enterprise, above the limits written in the Charter, The Treasury was authorized by Congress a limit of $2.25 billion to purchase obligations. The $2.25 billion was the explicit obligation. NOTE: to purchase obligations NOT A $200 billion line of credit. With the passage of HERA: (purchase obligations increased with an expiration date of December 31, 2009).

SEC. 1117. TEMPORARY AUTHORITY FOR PURCHASE OF OBLIGATIONS OF REGULATED ENTITIES BY SECRETARY OF TREASURY.

The HERA legislation granted temporary authority to the Treasury to purchase obligations of the Enterprise, above the limits written in the Charter, (Charter limitation of 2.25 billion) up to the point in time of ‘‘(4) TERMINATION OF AUTHORITY.—The authority under this subsection (g), with the exception of paragraphs (2) and (3) of this subsection, shall expire December 31, 2009. Page 18 charter act

Link: https://www.congress.gov/110/plaws/publ289/PLAW-110publ289.pdf

2014
EOM

https://x.com/real_human101/status/1863650420888891853?s=46&t=xLP2LlWgJrEMUZZ7Fum-nA

They would have to amend so that there is still a commitment to keep them technically capitalized in theory then maybe they could distribute to jr and common.
You also have to consider the definition of a capital distribution out of funds legally available.
Was the treasury commitment a loan or investment?

You didn’t get the board member memo?

It’s called scoop up them cheapies for the last decade. Cheapies everyday!

I love articles from a decade ago.

Anyone got more articles from Bloomberg/Reuters from 2011??

Hold on to your shares right. The shake is getting stronger. Category 3 as of now. May go upto category 5 too by January

Bill Ackman, presentation price target $23 - $47
https://www.10xebitda.com/wp-content/uploads/2016/11/Pershing-Square-Fannie-Freddie-Presentation-May-2014.pdf
https://www.businessinsider.com/bill-ackman-fannie-mae-presentation-2014-5?IR=T

Thanks FFFacts - Couldnt the UST and FHFA amend the SPS and allow dividends to be paid on JPS and/or common as a first step towards a recap? Probably need to have listed securities to do an IPO and establishing a dividend payout for Common and reinstating Divs for JPS may be a good first step. For FMCC a $ 50 cent dividend would only be about $ 1.7 bn (3.22 bn X .5) and JPS would be about ( 15bn X .06) $ 900 million. FMCC will earn about $ 12.5 bn and easily could pay out $ 2.6 bn and allocate approx $ 10 bn toward meeting regulatory capital goals. Thoughts?

What you are referring to is a discretionary distribution of dividends "A regulated entity shall make no capital distribution if, after making the distribution, the regulated entity would be undercapitalized". Excluding the exceptions as that is not at issue, the treasury commitment is what is keeping them capitalized. There is an unlimited amount of funding currently available to them so the distribution in cash or in kind is not technically keeping them undercapitalized. This was a contract negotiated before Calabria and it takes 2 parties to amend. Treasury was not willing to play so Calabria had no choice but to do what he could which was end the cash sweep.

Of course this is a bullshit legal theory which makes no sense at all but no one with a brain can articulate this to the judges who are beyond confused.

FMCC .71c FNMA from years ago 1.64..PT $18 to $20 at ~10x earnings (w/ warrant count of 5.7B shares FNMA 3.7B shares FMCC )

IF we're going to follow the trading that happened in 2016, this drop could be market makers getting inventory for the surge later this week. The days leading up to the surge after Thanksgiving were not this volatile. Fingers crossed that is where we are headed. Could make Rick's "$4 by Friday" come true.

Why not $5

That would also have to mean that trump is going to do the opposite of what he also did in the past ! Keep it real !!!

a reminder ?

of his post Presidency signed letter - written by ?

Neo

so you think I am bearish ?

Yes many trade contrary to Cramer cuz he is wrong just as much as right. Flip a coin etc...however he said the same about SOFI and after a day or two of drops it took off went from 9-10 bucks to over 16. This is all going to "move" when they make real decisions on what to do and actually do it. Happy with my freebies of FNMA/FMCC from basic trading. Buy double what you want and sell 1/2 when up over 100%. Takes all the stress away.

$4 by Friday.

The reminder from Trump refers to the 2021 letter to Rand Paul.  The last sentence refers to the posters own disclaimer and his long positions.

Yeah, been here longer than you Amigo. I have never sold and am not a trader claiming to always buy at LOD and sell at HOD.

Not from Trump. Now, if Trump posted a reminder that would be cool, and we wouldn't be down 12%.

Ohhh lol of course

Falling is over, it was a combination of grabbing the stops and resetting the over heated RSI

I prefer my current FMCC holdings at an Average of $.74 pps

Any reason on why it is falling today? Or is it like? Usual market makers thing of trying to grab what they can? I have not seen any news today so just checking if this board knows anything more than to it

A REMINDER from TRUMP👉👉👉https://x.com/MIA95629998/status/1854254283321119232

I am long COOP, FNMA, FMCC, FNMAS, no investment advice!

nooooo

Guido's thread on X has certainly done one thing, if not more. Whalen's big bank/Wall Street supporting responses are a bunch of erratic non-sequiturs (I mean LBJ fraud, vietnam - wtf ????). Guido's making him "sound" like a Stern-donotunderstand-JOoa0ky clone ...

Oh, and as far as the MBA (mortgage bankers association) article and comments go, they are just another fossilized organization (read as "bureaucracy") that only knows bureacratic solutions - which is exactly why they've been so incompetent at affecting anything mortgage and GSE related over the past 16 years. Whalen is nothing more than a waterboy for the status quo-big bank-wall street thieves who thrive on bureaucracies that they can control. His so-called "expertise" (wall street funded articles) depends on the general public's ignorance.

With the players Trump is putting in place (nominating) and backers like Elon, Ackman, big tech hedge fund masters), there's a good chance these bureaucracies and bureaucratic processes face obliteration.

Buy at this price and sell on 2025 at 30+ 😉 Trump will do the opposite of what barak did in the past! 

Quite a spread today......half a buck.

Today's range
$2.70 - $3.24

So many lies so many truths what to do

Lurking lololol

I absolutely didn't miss that, and my response to an earlier response by "navy" is pretty apropos here too.
"He'll be hit with so much other garbage from you know who that this will take a back burner, just like it did last time. If his were going to in any way resemble a normal transfer to power and subsequent time in office, I'd be much more excited about this possibility. That said, I think this new term is going to make 2016 look like a tea party."
Only time will tell...but I'm thinking that if the last sentence were the currency of the realm, than investors much more in-tune with critical information like this would be much more active. They're not. Weird times for sure.

Have Kash Patel look into the 'past administrations' with their agenda of hiding 11,000 documents, crooked hired government agents, the monopoly of ACA, net worth sweep, cold-case murders, and the true reason of COVID-19, and January 6th, 2021.

Wow, fast and furious 10% drop glad my internet is up today to watch

Funny how empty handed FNMA ers want to get back in and soft bash LOL

No less than Bill Kilmer, Head of Legislative and Political Affairs of the MBA, reportedly said last week: “I think for this to happen this time, it’s really got to be led by the Treasury and by FHFA building a framework for the Congress to act upon. That may not be achievable in any one administration — unless you've got the right people that are going to dedicate the time and energy and effort to it.” Ditto Bill, but we suspect that the new POTUS has a faster agenda in mind for the GSEs.

Do not miss the last sentence.