Fannie Mae-No Politics (FNMA)

[Barron4664]

No they didnt lose. The APA doesnt apply to the actions of a conservator under HERA. APA deals with rule making. I contend that the FHFA as regulator violated the APA when it allowed the FHFA as Conservator to sell to treasury a new novel investment product consisting of senior shares with an illegal commitment fee or charge in the form of a variable liquidation preference based on the amount of money leant from the Government’s treasury. This is a magical commitment fee whose form can change with the stroke of a pen. The statutory APA requirements for such a new investment product are written in the Safety and Soundness act of 1992. Well to continue the theme. The corrupt plaintiff Attorneys, or as FFF likes to say the dumb attorneys didn’t bother to bring an APA claim based on the actual laws that matter, choosing instead to play in the HERA actions of a Conservator sandbox. You know the actions that Congress bared the Courts to review? What a great idea, let’s ignore all the laws governing the GSEs and FHFA and instead focus all our efforts for 16 years on the actions of FHFA as Conservator. Now the Statute of limitations has run out. Better hope Crazy Carlos is right.

[blownaccount9]

Which plan is that? Also, the way that reads is the only thing left to do is reach the needed capital reserves? Hopefully the enterprise regulatory capital framework can get fixed and made more realistic. In the meantime they are incredibly efficiently stacking cash so we will all be getting paid multiples for our shares once we are free.

[stockprofitter]

sTiCkY

[EternalPatience]

Go and ask your dad to come and speak on this board. He has more rights than you as an investor in you..

[Rodney5]

The APA does not apply to the actions of the conservator; the SPSPA the contract Court threw that out.

The APA applied to the actions of the Regulator the Lawyers failed and never applied the Law! The argument in the courts “pay me my dividends.” The SCOTUS basically said we will not be an arbitrator in such matters of contract. Go figure!

[JOoa0ky]

We lost the APA (Administrative procedures act) in SCOTUS.

[Rodney5]

Not helpful?? What gives you the right to tell Barron to keep quiet? Go back to your seeking garbage and print more on how the common shareholders will be forever wiped out. You’re a hypocrite.

Barron is the one who brought it to the attention of this board. The Federal statutes are the Charter Act, the Safety and Soundness Act of 1992, as amended by HERA, and Administrative Procedures Act, and potentially the Chief Financial Officers Act. None of the litigation made any claims of violation of these acts.

[bradford86]

So now we get to see if they mean what they say and if the 2022-2026 strategic plan is serious

[blownaccount9]

Didn’t seem to impact Freddie

[JOoa0ky]

Yeah, we've a housing crisis.

[stockprofitter]

I’m good with that

[Guido2]

Can’t believe it’s been almost 12 years since Ed DeMarco announced the Net Worth Sweep amendment at the 2012 MBA Annual Convention...
He was pure fire!@FannieMae @FreddieMac @FHFA $FNMAS $FNMA #FannieGate pic.twitter.com/cp8YdUvdZv

— Matt Hill (@hill_matt) April 25, 2024

[RickNagra]

Oh no we are in the slumps.

https://seekingalpha.com/news/4094526-fannie-mae-book-of-business-continues-slump-in-march

[Donotunderstand]

we will agree this particular group of 9 is shist

[Donotunderstand]

AND
AND
they both keep passing super stringent safety of capital TESTS !!!

but alas - still in jail

[Donotunderstand]

I do not see why WTS are dead or gone

And - the real issue re dilution ---- is the LP anyway - huge monster of 60B-120B share dilution --- not 4B

[Donotunderstand]

YES
Combine some good real news on F and F with some ??? about lowering mortgages etc. and heavy PR

sitting there waiting to be done !!!1 (indeed was available to DJT as well - so maybe I am missing something obvious)

YES
FNMA and FREDDIE sit as ripe and ready PR for Biden

(and as I noted prior - use Executive authority to suspend the FEE for 12 months ---- so interest rates drop right that day!!)

[cvcog]

Chart pattern is suggesting another pennant pattern which looks like it is not done forming yet. The bollies are getting tight again.. The flag that is developing appears to be a lot larger than the ones that drove the price higher over the last six months, so FNMA may trade sideways for a little while until this bigger flag completes. Thats what it looks like anyways..

[RickNagra]

Stuck at $1.46 we need a proctologist. I will now call Dr. Ben Dover.

[skeptic7]

We'll continue to politely agree to disagree on Lamberth and his motives at any time during his tenure in these trials. Regarding SCOTUS, I recall vividly having correspondence regarding the amount of times it was pointed out that they said "nationalization" during the oral arguments. It was 23, if memory serves.

My only comments were that saying the companies had been nationalized and their profits taken as a result is one thing, but ruling on it is quite another. SCOTUS proved what myself and many others have known for a very long time...this is not a fair fight.

[NeoSunTzu]

I’d pay good money to see someone tell Calabria shut the fuck up on X

[NeoSunTzu]

Ahhh the never-ending cycle continues.

[lookaheadfuture]

Wow, this part also stood out to me:

"...- both during conservatorship and following the conclusion of the conservatorships".

Sounds like its a done deal! Finally! Longest investment ever!

[Donotunderstand]

GREAT
GREAT

Is this administration - maybe building on prior and ? prior and ? -- building the case - step by step that - say in 2025

NOW -- BECAUSE the F and F you see/get are reformed and improved and fat with cash - NOW we can free them ?

I would love that

(and then as always - what happens to the LP $ of 300B is key)

[Donotunderstand]

The one piece about MIKE

Arguing to make them GOV -- in essence and agency --- is not illogical

Private - GOV regulated Monopoly privately owned utility - Agency

With any proposal to NOW --- NOW -- make them an agency ---- I hope we (equity of any sort) can then AGAIN bring up the TAKING - and use Charter act or whatever and focus away from NWS which is where we lost

Just thinking out loud - that becoming an agency via a PAID FOR taking - is fine by me --- (That is GOV policy beyond me - but we should get paid some average of PPS for the three months prior to Paulson Bush taking us (and then three more Presidents or administrations equally guilty by lack of reversal !) GOV has the right to take my store to build a needed and approved highway on my plot - but they must pay for that when they take it. YES - I view all of this as a TAKING (if not defacto by now) without the quid pro quo required - payment to us for taking these profitable companies away from Equity ownership

[Donotunderstand]

YUP

As I understand it ---- for purposes of the claims court and the case that went to SCOTUS (same or not?) ---- the thought process was something like --- NWS is so insanely obviously illegal - "on its face a taking" (all our equity profit?) --- that it was best to attack at what was viewed as the most vulnerable GOV action (BO starting the NWS - all profit) . We lost . Yet I am not sure there was no logic there at thinning the issue to one viewed by the plaintiffs and their attorneys as the most blatant clear illegal act

Others have argued for 5 10 ++ years they suits should have gone after HERA ---- I assume Charter Act and ... and

That is way beyond me --- . I see the logic of that!!!! I also see the logic of trying to slice off what was viewed as the most vulnerable action by GOV

Lawyers did not prove themselves right or particularly able? We suffered and they got paid

[TightCoil]

Yes, of course, The Cheat Code...why didn't we think of that?
That's the Answer

[pauljon4]

I will try to Google the cheat code.

[RickNagra]

We cannot seem to breakthrough $1.46 today.

[TightCoil]

The day is young still, and tomorrow is Friday
Load up now before the Buying Stampede gets here
FNMA/FMCC GET SOME NOW

[Guido2]

Look at the facts, not "experts" opinions. Fannie & Freddie had $95 billion in capital before the fraudulent "temporary" conservatorship. Despite their conservators, including @MarkCalabria , swindling $301 billion of their equity they still have $125 billion.
Experts or facts?

— Guido da Costa Pereira (@GuidoPerei) April 25, 2024

[imbellish]

Fairholme replies due in June and July

[detearing]

Investor Relations call a joke...it's like a slave owner talking to slaves they gunna get more bread and butter next week.

Trump only one that knows the reparations due, an will/can do anything.

Biden checked out, right? Pause.

All good.

Trust in Jesus as Savior as He THE only one that can pop-N-lock the FnmaFmcc Twins...

Hope of Hunter and Nancy loading and Obama/Biden stop stealing is a .0005% chance...

Do not fret over those who do evil and do not envy those who do wrong as they wither quickly like grass and wilt like tender plants

When yah get set free...yah feel free indeed...twins will be set free indeed imho

[RickNagra]

Crappy day.

[jcromeenes]

Font 2? I need to move to the next level reading glasses. Damn it.

[Fannie Heyyyyy]

Clearly you did not read the fine print with the asterisk that says "wishful thinking".

It's at the bottom of his post printed in font size #2

[jcromeenes]

Can you point out where it says it's time to exit conservatorship? I read that many reforms have been completed and they will be safer institutions after exiting conservatorship BUT are well short of their capital goals and more is needed. I see nothing that says it's time to exit. Please enlighten me. Thank you.

[RickNagra]

Oh wow you need a rocket ship to get home ? Which planet are you from ? I am also visiting. Perhaps I can bum a ride from you. I need to get back home. My spaceship is in the shop right now waiting for parts. NASA is taking forever.

[jog49]

I think it to be nothing more than political lip speak. It's the same old shit; they just change the date on the letter.

[JOoa0ky]

In the spirit of old news.
$BOOM Treasury Secretary to free FnF!!!!!!!! 🚀🚀🚀

https://money.cnn.com/2016/11/30/investing/fannie-mae-freddie-mac-mnuchin-trump/

[wingnutt01]

Our Commander should be honored to be Your Captain.

[stockprofitter]

I was suspecting a nickel but okay :)

[stockprofitter]

Dont include the warrant, that is nonsense.

Warrants are dead.

[JOoa0ky]

The boom was last week bro.

[trunkmonk]

🚀🚀🚀🚀🚀🚀🚀GSE = Free....Im getting closer to my Home💥💥
✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️✝️

[Stern is Bald]

I retract my last comment - I am thinking this could happen in the next few months and be a election statement. I'm sure the WH is well aware and maybe even nudging ST to finalize plans for an announcement.

[Stern is Bald]

Holy crud!!! Man getting more official - started w/ Fireside chats now in writing. An announcement will happen after hours w/ in the next year maybe before if this admin thinks there are going to lose...

[navycmdr]

$Boooom ! ... as per the Director of the CONSERVATORSHIP ...

Reforms have been COMPLETED ! - EXIT CONSERVATORSHIP NOW !

[Wise Man]

Only Bloomberg, involved in Fanniegate.
Mike Bloomberg's campaign: Nationalization, CRTs,... Coincidence?

Analysts Expect FNMA To Report At least 0.60 EPS Next Week…

It was exposed a few days ago in a reply to you, with the KBW estimates of $2.8, $3 EPS on a Bloomberg Terminal .
The EPS refers to a Common Stock. Then, don't take the entire Net Income of FnF like KBW. You have done the same, but adding the Warrant. So, worse. With shareholders like you, we don't need enemies.


With the ongoing Common Equity Sweep, the EPS is always $0, depending on the Other Comprehensive Income (OCI) that usually is very small in FnF.
Net Worth increase or Comprehensive Income = Net Income of FnF + OCI.

For the EPS (Earnings per Share), Earnings refers to Net Income Attributable to Common Shareholders.
=
Net Income of FnF, less the amount of SPS LP increased for free, equal to the NW increase posted above. Or other compensation to Preferred stocks like dividends.

Then, EPS = close to $0.
Investing.com Freddie Mac.


I repeat, DO NOT TAKE THE ENTIRE NET INCOME OF FnF TO CALCULATE THE EPS.

I repeat,.....

🚨 Freddie Mac states above Net Income per common share, but it refers to Net Income Attributable to Common Shareholders per common share.
The paid shills saw an opportunity of deception.

[navycmdr]

Buy Buy Buy ... Bullish Doji Star ... ...