Federal National Mortgage Association (QB) (FNMFN) 뉴스

It's got me uneasy, too. Things are definitely fishy. We should be going up more than 8 cents a day.
I hope its just Trump not wanting to get burned again like the Mnuchin/Calabria fiasco in the first term.
Still, a word or two would do wonders but nothing but crickets so far.

The document on the page is no longer available 😭

"As long as Bill Pulte is not officially confirmed, the Trump Admin will not let anyone look at their cards. One day later, when he is confirmed, it starts. I'm pretty sure of that."

There's a bad smell about all of this. If release is imminent and sitting on the horizon, wouldn't one think the share price would be more than $6 and change on such a valuable commodity? Every time there is a speech, interview, or testimony, shareholders want to, at least, hear the GSEs mentioned and it never materializes. Is the outside influence so strong that the topic of the GSEs can be suppressed to virtual silence? I'm glad this thing has moved up from the cellar since the election but it doesn't seem positioned to spring to high double or even triple digits from where it sits now. The anticipation far exceeds the share price and that's not a natural occurrence.

Now 35 Days Above $5.00!
FNMA
Date --- PPS -- Volume
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

As long as Bill Pulte is not officially confirmed, the Trump Admin will not let anyone look at their cards. One day later, when he is confirmed, it starts. I'm pretty sure of that.

Good night from LA

He says
According to Ackman, there’s still a substantial upside of 5x left (after already being up by 5x since November). Is this THE no-brainer opportunity for 2025?
and
If you’ve been following Bill Ackman on Twitter (or if you have looked into my research report, see here), you will likely have heard about the ongoing privatization discussions which by the way are not entirely new. But this time’s different.
and

(Get this) – I am not so optimistic, as many things aren’t clear. My Premium PLUS members already had their fun in this regard.

end
Now i have to get a subscription to continue reading, but it doesn't say how much it costs
https://financial-engineering.net/is-fannie-mae-really-a-safe-multi-bagger/

He says
According to Ackman, there’s still a substantial upside of 5x left (after already being up by 5x since November). Is this THE no-brainer opportunity for 2025?
and
If you’ve been following Bill Ackman on Twitter (or if you have looked into my research report, see here), you will likely have heard about the ongoing privatization discussions which by the way are not entirely new. But this time’s different.
and
Now i have to get a subscription to contunue reading, but it doesn't say how much it costs
https://financial-engineering.net/is-fannie-mae-really-a-safe-multi-bagger/

Good writing
Robert Merton

David rules

Another David Fiderer thread about those who pander to financial illiteracy to shape the GSE narrative:

https://x.com/Ny1david/status/1896746494860185734

Published March 27, 2019

https://www.fanniemae.com/newsroom/fannie-mae-news/fannie-mae-announces-otc-bulletin-board-symbols
Time for the opposite of this to happen.

It has a picture of Munchkin as tsy secretary.. 

Is this a new 53 pg plan for privatizing the GSEs 🤔 Why is Mnuchin making statement ?

Civil Rights Groups Oppose Proposition to Privatize Fannie Mae and Freddie Mac

By National Urban League

Published 02 PM EST, Mon Mar 3, 2025


Treasury proposes privatizing Fannie Mae, Freddie Mac

By Lois A. Bowers, www.mckightseniorliving.com

The Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) would be privatized under a 53-page plan released Thursday by the Treasury Department to reform the housing finance system.

“An effective and efficient federal housing finance system will … meaningfully contribute to the continued economic growth under this Administration,” U.S. Treasury Secretary Steven T. Mnuchin said in a statement.

https://nul.org/news/civil-rights-groups-oppose-proposition-privatize-fannie-mae-and-freddie-mac

U forgot to add the $25,000 to equity the government has to pay for the 4.8Billion shares.

4,800,000,000 shares for about $25,000....

seems a little tilted...

who would enter into an arms length agreement like that?

Hmmm... maybe not so fair.

https://financial-engineering.net/is-fannie-mae-really-a-safe-multi-bagger/

For those who appreciate a good review and balanced view.

Fannie Mae - All The Way
Hey Team
get a good laugh from this article from the
National Urban League dated today Mar 3, 2025
Civil Rights Groups Oppose Proposition to
Privatize Fannie Mae and Freddie Mac
https://nul.org/news/civil-rights-groups-oppose-proposition-privatize-fannie-mae-and-freddie-mac

Our great American Patriot Elon said NO To Senator Warren's fishing trip regarding Pulte's post on X

https://x.com/GlobalAffairs/status/1896645104598925477

$5.65 +.16 was a Form t " buy" Trade posted after the bell

closing Freddie price is $5.54 +.05

My iPhone Stocks Shows the Same.

+.16



Ron

Yahoo stock quotes from OTC are totally unreliable 90% of the time.!!!

I'm sure MTG and Boebert simply thought it was a typo.

Have you been hitting the Valhalla Viking Ale? :) I have a $ 5.54 close for FMCC 5 cent gain for the day

Markets
Financial Services
Buy
Sell

$6.49+$0.0900(+1.41%FNMA
Post-market: 5:00:02 PM ET, 03/03/2025
$6.49+$0.0900(+1.41%)
At close: 4:00:00 PM ET, 03/03/2025
Bid
$6.44
Ask
$6.52
Bid/Ask Size
-/-
Previous close
$6.40
Today's open
$6.45

5. 54+$0.0500(+0.91%) FMCC
Post-market: 5:00:02 PM ET, 03/03/2025
$5.54+$0.0500(+0.91%)
At close: 4:00:00 PM ET, 03/03/2025
Bid
$3.39
Ask
$13.45
Bid/Ask Size
-/-
Previous close
$5.49
Today's open
$5.49

we are in very big trouble in that case..
They may re-release Britney spears again, if they dont know the difference between FHFA and FHA (or) if Scott Turner thinks HUD owns the key to C'Ship exit..

Between Senator Warren grilling Pulte on the FHA delinquency rates, and Scott Turner talking about quarterbacking the GSE release, it would not surprise me at all if some of them are a little confused about the difference between FHA and FHFA. Unless they are accidentally unveiling a Federal agency restructuring that is part of a future plan.

All this will take to start the ball rolling is an EO or closed-door directive from POTUS to Bessent and Pulte - just takes Treasury and FHFA. No Congress needed, no HUD involvement needed.

- Lower the ECRF to 2.5%
- Write down the Seniors
- Provide the plan for release with public comment period (the plan should include:)
- Converting JPS if necessary
- SPO if necessary depending on how long it takes to reach capital thresholds
- Exercise as few warrants as necessary to appease "taxpayers" and commit to remaining left to expire
- Relist on NYSE

Then sit back and watch the magic happen!

Super interesting price action today with overall market crushed, commons up a little and jps -5% or so. Beyond baseless pompom reactions and positioning being the culprit, does anyone have any other insights? Talk of jps taking a haircut or being converted? An article or research report?

Yahoo, end of day for Freddie $3.65 up .16

Rick, Susie Q. Williams just showed up at the end of power happy hour on Freddie!!

Hey, how's that XRP treating you today? You were so much smarter than us but it's down almost 20% today. Ouch. Surely you sold yesterday at the high

Thank you!!!!!!!
🙏🏾

6.48+$0.0800(+1.25%)
Market open: 3:44:00 PM ET, 03/03/2025
Bid
$6.48
Ask
$6.49
Bid/Ask Size
9/15
Previous close
$6.40
Today's open
$6.45
Today's volume
5.2M
Below Avg.

anything green until we get real news after Pulte is confirmed is a good day

keep away shorts and sherwin always a good thing

We should get massive news before Memorial Day if not sooner,

and I do like sooner!

LOL

Recap and Release surely won't happen by Summer but Relisting to the NYSE would surely allow me to retire and pay off my kids college loans when they both graduate in June. That sure would be a nice day. Here's hoping.........

Sadly it's looking more like "Cold Shower Hour."

Minute 12:45 “Mortgage rates have come down and the spread on mortgages

versus treasuries has come down since November, which I think indicative of

some of the things that we’re gonna do on financial deregulation.”

https://bloomberg.com/news/videos/2025-02-28/treasury-sec-bessent-on-zelenskiy-tariffs-inflation-video $FNMA #FANNIEGATE RECAP AND RELEASE

Anyone seen a date on the Pulte vote? I haven't found anything. Just curious is all.

What are they at real time?

FNMA/FMCC
OOOH NOOOOOOOOOOO
They's fallin' like rocks! !

I'm expecting a massive pop today during power hour.  A Big Gulp from 7 Eleven that is.

I take Secretary Turner at his word which as the article says does not make sense. In only makes sense if he intends to work closely with soon to be Director Pulte. I expect a triad of Senator Scott, Secretary Turner and Director Pulte all working together on an aggressive MAGA Housing Policy to lower mortgage rates and increase Housing Supply. Probably wrong but that is my impression - what else does " They want me to quarterback " mean? - this implies that there is a plan.

Fnma waiting for Pulte to be confirmed.
Loafers are fine and if they weren’t wtf is it to you hiding behind a keyboard.
Your homophobic comment leads me believe you’re a little light between the ears.

Bessent seems like a good person.

Can’t say the same about you.
Fnma

No - actually I think it is exactly the opposite. I could be wrong but look at how DOGE identified the CFPB for downsizing and hasnt even mentioned the FHFA to the best of my knowledge. It seems to me that EXIT is one component of a MAGA Housing Program where HUD and the FHFA will work together to lower mortgage and housing costs. Part of this will include the EXIT of the GSEs to monetize the UST stake but also to refocus the GSEs on housing initiatives voluntarily working with HUD and the FHFA to promote Housing goals. I think Pulte really believes he can make a difference and that Secretary Turner working with Senator Scott can do the same

HOT HOT HOT
Quarterbacking GSE Reform: The HUD Secretary?

dhol...@imfpubs.com

Shortly after his confirmation as secretary of the Department of Housing and Urban Development, Scott Turner surprised the mortgage industry by saying he would “quarterback” the process of releasing Fannie Mae and Freddie Mac from conservatorship.

The reason for the surprise: As most industry executives know, HUD has no oversight authority whatsoever over the GSEs or their regulator, the Federal Housing Finance Agency.

Since then, Democratic members of the Senate Banking Committee have written Turner seeking more details about his proposed role in reprivatizing the two mortgage giants. One basic question asked: “Will HUD, and you as HUD Secretary, be the quarterback of any effort to make changes to Fannie and Freddie?”

Meanwhile, in the interest of transparency, the Democrats asked the HUD secretary if he would commit to ensuring that the hedge funds and other wealthy investors speculating in GSE stocks don’t have an opportunity to unduly influence the process for GSE reform.

For more on the story, see the new edition of Inside The GSEs, now available online.

Is it just me or do you, among others, sense there is just no interest from the movers and shakers about the FHFA position?

Scott Turner HUD Hearing was Jan 16th and he was confirmed on Feb 5th. We may have a USG shutdown and Easter to work around if it gets delayed. Could be as early as March 19th so April 1 could be conservative estimate which would be a great outcome!

Here is the Scott Turner timeline

Jan 16th Hearing
Jan 23rd Voted out of Committee 13-11
Feb 5th Confirmed.

Pulte ( assuming same timeline)

Feb 27 Hearing
March 6th Committee Vote
March 19th Confirmation.

Lighten up people! Not a damn thing is going on. Wash, rinse, repeat...wash, rinse, repeat. One of these days, perhaps, a catalyst will emerge.

"If everyone stays mum, expect to be in the 5,6,7 dollar range"

Forever?

when can we expect pullute to be confirmed?