Federal National Mortgage Association (QB) (FNMFN) 뉴스

Now the buyers are coming in!

FEDERAL NATL MTG ASS FNMA: OTC Markets
Financial Services
Buy
Sell

$6.14-$0.3500(-5.39%)
Market open: 9:59:21 AM ET, 03/04/2025
Bid
$6.14
Ask
$6.16
Bid/Ask Size
96/46
Previous close
$6.49
Today's open
$6.27
Today's

No, first voted by the committee and then in a couple of weeks confirmation vote.

100% yes and it's a lock but that is just step 1. Step 2 is full Senate vote which I also see as a lock by tax day.

Our youngest - with down payment from POPS and GRAMMY - bought a two flat 12 or so months ago

They are waiting for a 2% point drop in interest rates - or maybe a full 1% with no points

30 basis points - bips - is a rounding error - even for them

with inflation having to go up with tariffs (at least for short term) hard to see interest rates falling

Not me. However if it totally crashes I will add more for sure.

Can Pulte be confirmed on Thursday?

Yes, mid April, around Eastern, a nice gift to us!!

Bill Pulte Committee Vote on Thursday ! ...

Date: Thursday, March 6, 2025

Time: 11:00 AM Location: Dirksen Senate Office Building 538

https://www.banking.senate.gov/hearings/03/03/2025/executive-session

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in EXECUTIVE SESSION

to Vote on the following nominations:

Dr. Stephen Miran, to be Chairman of the Council of Economic Advisors, Executive Office of the President;

The Honorable Jeffrey Kessler, to be Under Secretary of Commerce for Industry and Security, Department of Commerce;

Mr. William Pulte, to be Director, Federal Housing Finance Agency; and

The Honorable Jonathan McKernan, to be Director, Bureau of Consumer Financial Protection.

All hearings are webcast live and will not be available until the hearing starts.
Individuals with disabilities who require an auxiliary aid or service, including
closed captioning service for webcast hearings, should contact the committee
clerk at 202-224-7391 at least three business days in advance of the hearing date.

it is to our advantage (our being equity holders in FNMA) the bigger the distance F and F (and FHFA) have from HUD

HUD is hated by Republicans more than F and F - which is huge

The hatred for HUD and F and F is all from HUD mission and some EARLY FDR influence on F and F

I was worried this might get delayed because the gov't shuts down in 10 days without a budget and I feared that would take precedent. Heaven knows congress can't do 2 things at the same time. lol.

Wow, great!  only two days away!
Friday pps will be $9-$10!!!

I could sell now and make a good profit. HOwever, I am not going to sell until I know what is happening either way. Hopefully Trump does the right thing. That is why I voted for him. We shall see. Go FNMA.

Stars have aligned ignite the rocket ship to the f moon

Mortgage Rates Have Dropped Sharply !

Today’s Mortgage Rates March 4, 2025:

https://www.noradarealestate.com/blog/todays-mortgage-rates-march-4-2025-rates-have-dropped-sharply/

Today's mortgage rates on March 4, 2025, show a slight decrease, particularly in the 30-year fixed mortgage rate, which sits at an average of 6.26%. However, mortgage rates have dropped nearly 30 basis points from their February average and plunged last week amid market fears of an economic slowdown.

It signifies a potentially more favorable environment for entering the housing market or adjusting your current mortgage terms. I know that even a small drop can feel like a big win when you're dealing with such significant financial decisions. Let's dive into the details to understand what this means for you.

let's do a poll: who is selling? only longs respond please, no shorties, no newbies that just opened account in last few months.

Bill Pulte is friendly with both John Paulson and Bill Ackman. He was probably brought to Trump’s attention by both and probably shares in their ideology of releasing the GSES from the Government conservatorship. He as FHFA head combined with Bessent as Secretary of the Treasury can in one action release the Twins.

What needs to be understood here is this just didn’t come about by coincidence, they’ve been working on this since last May. Now the chairs are being filled and everything is lining up to have the right people in place in positions of authority to finally relist and release the Twins from this almost 17 year conservatorship! GLTA!

premkt ... latest

FNMA $6.26 x $6.35 _ last 2,530 @ $6.30 _ 18,768 volume

FMCC $5.42 x $5.45 _ last 220 @ $5.45 volume

FNMA SHORT volume has been over 60% last 3 days


https://otcshortreport.com/company/FNMA

But FMCC SHORT volume only 19.49 % ?

https://otcshortreport.com/company/FMCC

Stay on topic, thanks.

That's not possible, they have to go through a round of asking for input because of the last letter from Sandra. That's going to take 60-90 days minimum.

$FNMA SURPRISE!!

They are obsessed with ending this ASAP

I thought mid April?

premkt ... shorts & lemmings volatility _ latest

FNMA $6.48 x $6.35 _ last 220 @ $6.29 _ 16,238 volume

FMCC $5.42 x $5.51 _ 0 vol

Wow, they really did expedite it. Thought it was to be in 2 weeks.

If only that were true

$Booooom ! - the next step ! - Bill Pulte Committee Vote on Thursday ...

Date: Thursday, March 6, 2025

Time: 11:00 AM Location: Dirksen Senate Office Building 538

https://www.banking.senate.gov/hearings/03/03/2025/executive-session

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in EXECUTIVE SESSION

to Vote on the following nominations:

Dr. Stephen Miran, to be Chairman of the Council of Economic Advisors, Executive Office of the President;

The Honorable Jeffrey Kessler, to be Under Secretary of Commerce for Industry and Security, Department of Commerce;

Mr. William Pulte, to be Director, Federal Housing Finance Agency; and

The Honorable Jonathan McKernan, to be Director, Bureau of Consumer Financial Protection.

All hearings are webcast live and will not be available until the hearing starts.
Individuals with disabilities who require an auxiliary aid or service, including
closed captioning service for webcast hearings, should contact the committee
clerk at 202-224-7391 at least three business days in advance of the hearing date.

NOBODY IS ABOVE THE LAW !
Release the F-ING Doc’s!

Transparency for the tax payer !

8000 shares dropped us 5.39 % 35 cents

The Fannie Mae and Freddie Mac status quo works today---but will it in 20 years?

A rapidly evolving world demands evolution in housing finance.

That's a good reason to lean toward privatization. - Walker & Dunlop

#WalkerWebcast #HousingFinance #FutureOfFinance #PolicyDebate

Be interesting to see if we follow the overall " crash" coming our way. We didn't yesterday but today is a brand new day and fear permeates the markets from A to Z due to the big T

Make up your mind. David and this theory of 300B paid or restructure and dilution?  

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