Fannie Mae-No Politics (FNMA)

[Rodney5]

Sticky 👍
Thanks DCBill well said.

[stockanalyze]

just like calabria made it up as he went : hide stress test, make capital level 4% , write a stupid letter agreement on his way out. lol.

[stockanalyze]

she is the only one pumping it. she says in the beginning that it will benefit mostly hedge funds at 00:45. we now know who are planning to loot freddie. she ends with saying mostly wall street firms will benefit (02:34). highly political (04:27). freddie is undercapitalized, how can they even think of? lol.

[krab]

Meredith Whitney Advisory Group CEO: Proposed mortgage reform
is a ‘massive game changer’

https://www.cnbc.com/video/2024/05/13/meredith-whitney-advisory-group-ceo-proposed-mortgage-reform-is-a-massive-game-changer.html?__source=sharebar|twitter&par=sharebar[/url][tag]insert-text-here

[Guido2]

Isn't that what you and your predecessors @FHFA did to your wards? Here at least the owners get to benefit from using their equity instead of some government bureaucrats.

— Guido da Costa Pereira (@GuidoPerei) May 13, 2024

[imbellish]

I know this is a joke but the people behind WSB have none of your best interests in mind.

[Golfbum22]

only a .07 delta

interesting

it was .30 maybe just above

[MRJ25]

Charts are looking good. Big upward move coming soon.

[jog49]

Oh, and I will add:

Ichan at 88+, doesn't have all that much time to be f'ing around with this investment, waiting for pay day!

[jog49]

"And you left out that Trump is really good friends with Carl Ichaen who owns the common shares."

....and who also got screwed, like the rest of us, by the Goldman-Sachs alum, that POS Mnuchin.

[jog49]

Wouldn't you love Fannie & Freddie being halted for volatility! There is NO volatility in the bowels of the stock market so any craziness would have to be in an upward direction.

[jog49]

Censorship is alive and well in this POS world we now live in and it has arrived at the speed of light!

[uf-john]

And you left out that Trump is really good friends with Carl Ichaen who owns the common shares.

[Golfbum22]

https://www.yahoo.com/finance/news/gamestop-stock-gains-110-gets-halted-for-volatility-after-roaring-kitty-post-143738970.html

Someone ask this poster to help us

lol

Good idea Rick

[Golfbum22]

What is this?

Anyone?

Tia

It won’t open

[stockanalyze]

we also read here that mnuchin wanted to get it released and was friends with berkowitz and paulson as they donated a ton. what happened? i am coming to conclusion that their true motive is to close them down and receivership as calabria whom they nominated as director was working on behind the scenes doing it. motive: stop misuse of these two for various social programs including affordable housing

[stockanalyze]

"I'm sure may retirees have died in squalor waiting to recover their retirement savings the government stole. Too late for many"
well put. and many have lost their childrens education with 529 money lost

[Forrest Gump Luck]

John Paulson wants the released. Hedge funds want them released. DJT works for billionaires hedgies he is friends with.
They want to make money on the stock.
The question is is 30 billion in preferred worth it to them and I would say it might be and commons might get screwed .

[stockanalyze]

-we do not know if he will win, too close
-If he wins, not sure if he wants to fix this or close them down (think bush, corker, demarco, calabria, mnuchin: which party did they belong to ? and what did they do you have your answer. even scotus judges are against fannie freddie )
-assume he wants to fix, what is the guarantee we will not get another calabria or mnuchin type? what is the guarantee he/she will cater to special interests funding the election?

too much speculation and faith . if he says openly what he is going to do with gse's, then it matters, he never committed to doing anything.

[Donotunderstand]

media controls CNBC

(I am lost - and what was said on CNBC?)

wishing everyone well this Mother's Day Week

[Forrest Gump Luck]

By the looks of it the election is Trump’s to lose. Arizona, Nevada. I have gone with the winner 89% of the time.
The spreads those states between Biden and Trump and enormous.
Georgia is 9-10 points Trump favor.
I really don’t like Trump, but it’s not like I love Biden.
Honestly, if Trump will release the GSE and make us all rich, I’d be more than happy to vote for him.
Shows how firmly my political convictions are!

[stockanalyze]

link? did they tell the press to go ahead and sound the bells? media is fully in their control

[DCBill]

My comment today on a Yahho business story, "Fact or Fiction: Congress Stole From Social Security and Should Return the Money It's Taken, With Interest" was rejected when I drew an analogy to the GSEs.

My comment;

The same principle--in spades or major greenbacks--applies to the Government's treatment of Fannie Mae and Freddie Mac, which--unlike no other financial service companies operating in the 2007 housing finance crisis-- sixteen years ago were put into "conservatorship"--where they are still--and required to give well over $300 Billion in company/shareholder profits to various Treasury departments.

Even when the SCOTUS got involved, it rendered one of the more tortured judgments against the mortgage plaintiffs ensuring the bizarre arrangement would continue.

Yet, Fannie and Freddie still exist, locked into this federal hellhole with their shareholders, both still backstop the US mortgage market, and both are still forced to pay billions annually to the federal fund, in addition to their full federal taxes

[Sammy boy]

Inner feeling, we need this, we need that, da moon ! Please be quiet for a week with the non sense. You sound VERY lost week after week, desperate and lonely!

Lmao !

[krab]

Fannie & Freddie on CNBC - Unlocking Home Equity. Key Mortgage reform in focus.

[RickNagra]

We need the GameStop people to help us. I will call them right now. Stay tuned for updates.

[Donotunderstand]

50-50

RE the sweep - under DJT - CASH did not flow to Treasury !! - YUP
Cash stayed with F and F - YUP

Now - it was smoke and mirrors ---- as for every dollar that F and F did not send to Treasury under HERA --- Treasury got an IOU and increased the LP

SO ---- 50-50

If the LP is not killed or not dismissed or not viewed as paid off --- then the LP will wipe out every penny kept by F and F - either in receivership or by dilution of common and maybe JPS equity for about 80B or so of LP value GOV owns from this !!

If the LP is killed or dismissed or viewed as paid off (as I hope) then -- and only then !!! --- the smoke and mirrors cash and debt swap will super benefit us with equity

It could happen --- but DJT did not stop the growth of what F and F was in reality paying each quarter to TREASURY. DJT did not - in reality in the sunlight - stop the sweep. Read any unbiased account of what goes on each quarter.

I agree - a POTUS that wants to help us - or wants the good PR with spin - be it JOE soon or DJT - should declare the LP and indeed the total 200B "investment" paid off. That is very different from what did happen

[Donotunderstand]

The BO suit re ACA -

1. Had nothing to do with F and F - nothing (again if any POTUS can redirect money - DJT would have built a huge wall)

2. Was very small and had to do with one aspect of say 30-40 rules in the ACA - where insurance companies reimbursed hospitals which forgave deductibles and copays for poor patients. That is the law as written. But the R who sued were correct that money spent that way was not 100% specified in the final version of the written ACA legislation. So that one small aspect - friendly to about 1% of those on ACA - was killed. That was the key ruling

AND YES - as we all have learned in last 25 years - there is a limit to EO and FEDERAL power and the ACA and BO could not require states to participate in the expanded Medicaid to help working poor (the focus of the expansion - those who work and can not get Medicaid but while they work - they do not earn enough to pay premiums - lots of small business start ups) . I believe near 20 states brought the lawsuit - of which 11 or so now do offer the expanded Medicaid

[Donotunderstand]

I do
I think Calabria and DJT did nothing for equity in GSE and an R after BO and his NWS they blew a huge PR opportunity

so - I am amazed that a dozen or so posters here think DJT will save us --- even though we had four years of DJT and his picks for Justice (lawsuits continued to be defended) and Treasury

but why would historical facts bother DJT supporters on F and F - as they refuse to believe the data on DEBT overall by DJT being about eight Billion. DJT lovers prefer the alternative fact that debt in total rose more under BO --- BUT THAT IS 8 Years. On debt increase per year basis DJT was horrible for debt and laid the seeds for inflation ----- (note - I agree with the huge DJT funding to stop a recession - the stimulus - but the 2T to business was a joke and he will do it again -- causing more inflation

but - we will get a DJT rally in GSE prices if he stays even or ahead in polls -- just is this post WWII belief (despite all facts) that R curb deficits

[skeptic7]

Correct. The CRA was enacted under Carter and was the blue-print for the sub-prime loan catastrophe that led to 2008.

[jog49]

"Calabria is basically an idiot. His opinions are no better than an 8 year old and he knows little about what has gone on here.

Just a guy looking for a free meal."

He thinks he had a lofty job. As a gauge, just look at what replaced him. When the present one is gone, the next can be easily found in any cow pasture in the country.

[jog49]

We are a motley crew fighting windmills . . . the brunt of jokes for those in government.

[jcromeenes]

I'm sure may retirees have died in squalor waiting to recover their retirement savings the government stole. Too late for many.

[jcromeenes]

What exactly SHOULD those links show us, besides this:


NoSuchKey
The specified key does not exist.

[Patswil]

Form ABS-15G/A FEDERAL NATIONAL MORTGAG
09:40:00 AM ET, 05/13/2024 - US Securities and Exchange Commission
http://archive.fast-edgar.com/20240513/AS2LV222H22282V2222R2M42M3MWZ222526209:34:00 AM ET, 05/13/2024 - US Securities and Exchange Commission
http://archive.fast-edgar.com/20240513/AS22V222H22282V2222R2M42M3MWO2225262




Filed on: May 13, 2024

[Boat Shoes From Yahoo]

Good Morning Warriors!

[RickNagra]

Oh wow. To da moon Alice.

[TightCoil]

HAUT DAUGIES
If we can't get to the Moon,
we'll bring the Moon to us!

[Wise Man]

BOOM. CONSPIRACY YELLEN - SANDRA THOMPSON UNCOVERED.
Sandra Thompson's attempt to pass the Net Worth off as capital available, pretending that that's what is required, like in the requirements for sellers of mortgages to FnF (both banks and non-banks).
FnF are non-banks, but they have their own law FHEFSSA with capital metrics and capital requirements, recently updated with an authority in HERA, adopting the same Basel Framework for capital requirements that applies to the U.S. banks, and pursuant to the 2011 UST Report to Congress, as "recommendations on ending the conservatorships", at the request of the Dodd-Frank law: "Treasury recommends g-fee hikes to eliminate their unfair advantages in capital, as if the risk was held by the private banks. Etc."

They write the Net Worth amount. Then, they subtract the SPS.
LIke saying:"You see...The SPS are to blame. I've done everything great. Just proceed to cancel the SPS or a swap for Cs."
It's all about the Retained Earnings acct. Sole acct that absorbs the future losses.
Adj $-216B pic.twitter.com/2OgqOHyc9g

— Conservatives against Trump (@CarlosVignote) May 13, 2024

And secretary Yellen provided the alibi, as President of the FSOC, with a press release on May 10th attempting to cover up that there are already FHFA's Eligibility Requirements since 2015 for non-bank mortgage servicers, related to their Net Worth, which is what Sandra Thompson is doing with FnF, as we read in the written testimony to the Senate in the recent hearing: "FnF have $125B Net Worth", pointless in FnF that are subject to the ERCF, and also seen in the way that FnF calculate their capital metrics, beginning with the Net Worth or Equity, as a way to pretend that the NW is capital available.

YELLEN & ST PRETEND TO BE BUSY
In FnF, soundness is about capital metrics, not NW.
ST, FHFA Deputy Dtr since 2013:
-Capital regulation: Critical C.level missing👇
-C.policy: C.deep in the red
-Financial Analysis: Financial Statement fraud(gifted SPS/offset are missing)#Fanniegate https://t.co/mqo7c4ZIb0 pic.twitter.com/L4k1SQ6Wjr

— Conservatives against Trump (@CarlosVignote) May 13, 2024

[Viking61]

Here comes another push upwards this week! GLTA!!

[jcromeenes]

My dad always said, "Hope in one hand and shit in the other. See which fills first." I do believe we have that situation here.

[stockanalyze]

oh no, nws 5.0 ?

[Viking61]

Probably just a little to much fiber for dinner 😂

[HappyAlways]

Same here. I bought my first batch in Fannie in 2009. Uptill now, my investment return on the GSEs is 4%. This is a big big lesson to me. In a free world, 2 stocks with EPS of $10 for many years is now trading at $1.4. Over 10,000 documents are still sealed for 15 years under presidential privilege. Time for justice to prevail. Free World ?

[HappyAlways]

Before the Nov election, we should see some major price hike. I would estimate that Fannie will see $3. You will get your $1.5 in the market. IMO.

[NeoSunTzu]

Well, this ought to be interesting ... one has to wonder whose idea this was, they've been claiming all along everything is fine ... there will be a hidden agenda not necessarily discernible from whatever his initial address is ...

[imbellish]

BIDEN TO ADDRESS US INVESTMENTS AND EMPLOYMENT ON TUESDAY

— FinancialJuice (@financialjuice) May 13, 2024

?

[The Man With No Name]

🤣🤣🤣

[stockanalyze]

"It is getting better and I can see the light." how can you say that? what are you seeing?

[nagoya1]

Sorry, GSE shareholders got screwed and continue to get screwed by the govrats that created this mess. It is getting better and I can see the light. The end cannot come soon enough.
I’d rather have their all their finger nails hit with a 5 pound hammer, some harder than others depending on the damage they created. That would be the least.
1.50 reparations is way too low considering how many lives those lowlife greedy rats affected. How many retiree pensions were affected cannot be replaced.
Fnma