Fannie Mae (QB) (FNMAT) 뉴스

Does the math say $21 per share cash?

My math says fnma capital retained is almost $100 billion
-what’s the latest amount? Tia

Divide by 1.2 billion shares

$83 per share

What am I missing?

Tia

Ai leans left: "Yes, Fannie Mae (FNMA) remains under government ownership and control until it is released from conservatorship. The U.S. government placed FNMA into conservatorship in 2008 during the financial crisis, effectively taking control of the company. Despite FNMA paying back more than it borrowed from the Treasury, it has not been released due to ongoing concerns about financial stability and systemic risk in the housing market.

The government released AIG because its bailout was structured differently, with a clear path for repayment and exit. In contrast, FNMA's situation involves broader systemic implications for the housing finance system and requires significant structural reforms before privatization can occur. Bill Ackman has argued that capital reserves were built to ensure FNMA's financial stability years ago, but political and legal complexities have delayed its release."

tell 'em Jose ... FNMA $21/sh $CASH !

Pulte should be retweeting Navy. Navy has a lot of information. Now, we need a Guido repost. That would be amazing.

Yet another sign China will eventually come to the table and talk.

https://www.cnbc.com/2025/04/30/chinas-factory-activity-drops-to-a-near-two-year-low-in-april-as-trade-tariffs-bite.html

Eventually people will figure out we can buy quality stuff from other parts of the world versus goods subsidized from a central government and made by labor in some cases that is probably the equivalent of slave labor.

Will our real allies really care if we have a tariff on their goods if the end result is we buy more product now from them as a result of high tariffs on China?

So why are these two stories important to the GSEs?

1) It is about the stated agenda. The Secretary of the Treasury, etc have been repeatedly quoted the priorities are Trade being resolved and the elimination of fraud, waste and abuse in the government.
- These stories indicate progress on the trade side of the house.

When you couple that with Pulte's efforts in the FHFA and the GSEs you realize progress is being made to complete those 2 agenda items.

When you consider what Navy has been posting about Pulte meeting leaders in the mortgage industry, you realize he is working on the efficiency efforts of the second part of the agenda.

This also gives Pulte the ability to say he has sought the "advice" and "Counsel" of industry leaders when discussing the potential release of the GSEs before the FSOC Financial Stability Oversight Council.

https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/fsoc

Essentially, he is laying the groundwork to present a thorough and comprehensive review which is back by specific data (not generalities).

Although, we would like the people in power to sign with a magic pen to make it all go away. Pulte is removing potential roadblocks for release within the GSEs and the FHFA so they can be successfully released.

All over the place Navy.
Great catch! @pulte is correct- billions were paid by the banks for fraudulent conveyance leading up to 2008. More so, private label securities (PLS) had the highest fraudulent/default rates, not Fannie/Freddie generated MBS. The financial establishment doesn’t like to talk about… https://t.co/nMi4oCcLOR— Alec Mazo (@Alec_Mazo) April 29, 2025

No doubt Pulte frequents this board and looks forward to reading my informative well thought out posts with respect to my cheerleaders and the whale horn LOL.

That's super cool and very telling. Heck yeah!

Tweets about everything exit intentionally.. we have to wait for our SWF update
What happened to Bradfords update for today. He said today is the day on budget reconciliation and major news today

I met with the CEO of $45bn Rithm today. I also met with the Founder and CEO of LoanDepot - a great man. I met with the CEO of Newrez. All are extremely positive about our efforts at Fannie and Freddie under President Trump’s leadership. Business is being EMBRACED by us! ❤️👍🇺🇸— Pulte (@pulte) April 30, 2025

If I recall correctly, someone here berated Commander for posting to Pulte and called it a waste of time. Congratulations Commander!

I wonder if Pulte visits this board and others.

Fannie Mae closes ESG department

What’s the story?

Fannie Mae—the Federal National Mortgage Association, a government-sponsored enterprise (GSE)—shut down its ESG department, firing over 30 employees, including Laurel Davis, head of the company’s mission and impact program.

Why does it matter?

The closure follows similar moves at Freddie Mac and reflects a broader shift away from ESG and DEI initiatives promoted during the Biden administration. Leadership changes at the Federal Housing Finance Agency (FHFA), including President Trump’s appointment of Bill Pulte as director, have contributed to the shift.

What’s the background?

Fannie Mae and Freddie Mac are private companies operating under congressional charters and the FHFA’s conservatorship.

According to Housingwire:

Sources estimated that there were more than 30 members of the ESG team — which is part of the broader Mission Team, along side Duty to Serve and Goals. They were let go on Friday, per sources. The ESG program is not a requirement by charter. …

The cuts follow the Trump administration’s dismantling of initiatives that include diversity, equity and inclusion (DEI) provisions as well as climate-related mandates. FHFA Director Bill Pulte has spearheaded the administration’s mission to remove any DEI-based initiatives from his agency and the GSEs themselves, though it’s not clear if he had any direct role in the dismissal of the ESG team….

Pulte, who chairs the boards of both Fannie Mae and Freddie Mac, has also rolled back various climate initiatives that were launched during the Biden presidency. He has also mandated a return to the office for both companies.

https://www.newsbreak.com/ballotpedia-news-1529859/3984761442310-fannie-mae-closes-esg-department

https://seekingalpha.com/news/4437083-federal-national-mortgage-association-q1-2025-earnings-preview

On The Other Hand,
might it be that Pulte
and others now involved
with GSE affairs, including
certain media sources, are
secretly loadin' up through
straw buyers? And that could
be why we're not seeing
jaw-dropping press releases?

We're Home Free
Fannie and Freddie
are in good hands now.
Honest Hands
We can breathe a sigh of relief

wow, very cool! 

Nobody should be reading ......
Fixed it for ya

Looks like Pulte has reposted our navy cmdr post. Navy is getting his attention frequently now
pic.twitter.com/gH0Ogvs5X6— Cmdr Ron Luhmann (@usnavycmdr) April 29, 2025

Nobody should be up-voting this Bradford Bullshit ... if you do NOT understand that these groups ONLY want release at the cost of the proceeds going to more freebies and give aways ... you DO NOT NEED FnF to give away more shareholder profits for this increase in housing - Bradford knows this and invites this movement knowing this WILL COME at common shareholder expense .... the housing market will be just fine on its own by releasing the twins - you do NOT need government selling shares and taking more than it already has to appease housing groups hellbent on taking another $200 B from shareholders. The GOVERNMENT SHOULD HAVE BEEN DOING THIS ALL ALONG!

Not just having to clean up all the mess, but...

Being in Conservatorship and under Government control allows Mr. Pulte to act unimpeded, with a measure of authority and control he might otherwise not have if Fannie and Freddie were Released, Re-listed, back under independent control of a CEO and functioning Board of Directors.

Load Up before the big guns
get'em all...the insiders, the market
makers, the corrupt and dishonest.

@pulte @FHFA should consider allowing @FannieMae and @FreddieMac to take Q&A from analysts during their earnings calls. Would be a clear signal of "normalizing" these events back to proper standards.— The McNamara Brief (@McNamara_Brief) April 28, 2025

It's obvious that Berkshire Hathaway should be involved in the recap/IPO process with Fannie/Freddie.
Perhaps an 8% convertible preferred would instill confidence in the market, keeping mortgage rates low?

Fannie/Freddie could convert current JPS holders into common stock to…— Alec Mazo (@Alec_Mazo) April 29, 2025

I have already written several times that his fraud posts could slowly lose credibility if nothing measurable comes along.
But also consider how long he's been in office, I think you're asking for something that can't be done in a few weeks.

My recent panel on Fannie Mae, Freddie Mac, housing and Conservatorship @SecScottBessent @pulte @MarkCalabria thank you, @LendersOne
& CHLA for hosting. https://t.co/4oVlUMOO8C pic.twitter.com/1Iff6V7omV— joshua rosner (@JoshRosner) April 29, 2025

Pulte has to clean up all the mess and remove all the leeches that have had the sole purpose of take money from the Twins for 17 years.
If Pulte can do that in a couple months and clean up 17 years of dirt, big respect.
All the steps he takes are logical. That makes me feel good.

Nor should you...they are all liars.

Come On, Fannie Mae (FNMA)
Come On, Freddie Mac (FMCC
Break On Through to The Other Side

I'm hoping and feeling you're right. I'm just getting a wee bit worried.
Still long!!!

Looks like they are just wanting to get the GSE's cleaned up and make sure everything is good to go before they release them.

Did everyone notice how Pulte capitalized WHEN ?  If that's not a dead giveaway then I don't know what is folks.  That's a huge subliminal message.

wake me up in late may : )

green days, red days, matter not to me. volumes too low. no selling off. no major institutional buying.

im calling my shot may 15th we get some rocket fuel delivered

Nice

Someone send it to his best buddy
Whalen! lol

Tia

"...if and when something were to be done..." ?
Why do I feel like they're trying to look for ways to screw us all?
I still hopeful, but I don't trust the bastards.

Oh yeah what a great song.  I just listened to it 

You asked for it....

I knew I should not have blinked.  I just knew it.

Boooom, Boooom ! ___FMCC +.09 & FNMA+.18

My recent panel on Fannie Mae, Freddie Mac, housing and Conservatorship @SecScottBessent @pulte @MarkCalabria thank you, @LendersOne
& CHLA for hosting. https://t.co/4oVlUMOO8C pic.twitter.com/1Iff6V7omV— joshua rosner (@JoshRosner) April 29, 2025

basically...some good news

https://www.cnbc.com/2025/04/29/trump-india-trade-deal-bessent-south-korea-japan.html

https://www.cnbc.com/2025/04/29/commerce-secretary-lutnick-trade-deal-unnamed-country-approval.html

Not GSE news but it is helping overall market

It seems like privatization announcement is a little bit down the road (closer to 2026) but I still believe we will get the Uplisting to the NYSE announcement by May/June since it will take a couple months for it to actually be relisted.

Boooom ! _ +.06 & +.08

FYI - your signature should say "woman" instead of "women".

All depends on DJT and Bessent.

I agree but it's sounding like nothing is going to happen any time soon? 2 years down the road I'm thinking? It would be nice if he would say " the Gov. Has been paid back or " it's time to release them " 

He's done more in 1 month than ST did in 4 years.

BILL PULTE - "A lot of people talk about privatization of these two entities and exiting conservatorship, we're really focused right now on making sure that these companies are world class, that these are great American icons once again. There's been so much bloat going on and we're really focused right now on operational efficiencies. Everybody agrees that conservatorship shouldn't be forever, however, we need to be laser focused on if and WHEN something were to be done, that mortgage rates didn't go up and that nothing would jeopardize the safety and soundness of the market."

30:55

Bill on fire

"We're focused on getting rid of fraud and abuse to make sure these entities are stronger than ever." - FHFA Director @pulte on how his agency is working to ensure a 2008-style collapse never happens again

BLAZE NEWS: THE MANDATEhttps://t.co/AZimkvCin0 pic.twitter.com/Lu2DratTok— TheBlaze (@theblaze) April 29, 2025