[north007]

Isn’t it weird that no one wants Jerome Powell but he won’t leave? Weird.

— Pulte (@pulte) July 4, 2025

No, I don't think it's weird at all actually. I think they more you prod an old geezer like this the more imputus he has to stay, duh.

[jimr1717]

Zzzzzzzz

[Danno_cal]

Like I was saying!!! (Hope you guys were paying attention.)

* Still in Ihub jail so that's my one peak at the sun for today!

[CCSAB]

Yeh sure. I would suggest 20-40b between the two of them. I doubt 2.5% is happening.

[TightCoil]

Where Graft is
A Way of Living

[wdereb79]

Didn’t both Pulte and Bessent say they don’t need to raise more capital? Maybe Im wrong about that but seems like they both said that?

[Stockman1010101]

Happy 4th of July to my fellow United States citizens!
President Trump just signed the Big Beautiful Bill (BBBill) into law. As predicted it will happen.
Now president Trump's next mission is to pardon Fannie and Freddie from Conservatorship prison, by signing an Executive Order releasing Fannie and Freddie from Conservatorship. All of us/shareholders are in this Conservatorship prison for 17 years now and we have earned and deserve to be freed from this travesty of justice.
President Trump we helped you with the BBBill, now help us with Fannie and Freddie exit from Conservatorship and make every one holding their shares happier.
GOD BLESS YOU PRESIDENT TRUMP.
AMEN!

[TightCoil]

Aren't We All On A
Ship To The Caribbean?

[Guido2]

It's not in the eyes of the law. It's in the eyes of crooked bureaucrats who self dealt themselves $301 billion of our property. The law as determined by jurors in Judge Lamberth's court said that NWS is illegal. The law is fair. In our case, it's the bureaucrats that are unfair. The government isn't entitled to another penny from Fannie and Freddie.

[jwood9207]

The Senate and the House have sued the executive branch on numerous occasions.

[jwood9207]

You could be right. But i think the banks can easily get around that. They can sue to stop the giveaway of hundreds of billions of dollarz of government assets to hedge fund billionaires. In the eyes of the law the GSEs still owe taxpayers all that money. Is it fair? Hell no. The law was never fair.

[toupeeman2000]

On a ship now, leaving for the Carribean. It is late departing. Kind of like the release of the twins. Better late than never. I can see Wall Street from here.

[bradford86]

Yeah; i look at the gs report and just wonder because they seem to believe the gses need to meet ercf 100% asap. Whereas moelis seems to indicate they can get there over time; and 2.5% is what they need to exit

[bradford86]

It came out july 2, 2025. It was this week.

[TightCoil]

Housing is fine for Along4ZR - He's got
all the luxuries of life - Like you say, he lives in North Korea at a place called Camp 15 Yodok - And even has a security force keeping him safe. Yodok is approximately 145 square miles in area and surrounded by a 10-to-14-foot-tall barbed wire and electrified fence. 25-foot-tall watchtowers at half-mile intervals. 1,000 heavily armed guards and dogs patrol Yodok. It's a prison - Along4 is there for life. Poor Guy

[detearing]

Reducing the United States government's involvement in running public companies like F2 will foster greater economic efficiency and innovation. Private sector management, typically driven by profit motives and competition, often leads to more streamlined operations, better resource allocation, and a quicker response to market demands. This shift will also alleviate the burden on taxpayers, as public companies often require significant government funding and oversight. (Too big to fail companies historically have had Government backing, like AIG.) Furthermore, it will reduce the potential for political interference and corruption, promoting a more level playing field for businesses and encouraging entrepreneurship. By stepping back from direct management, the government can focus on its core responsibilities, such as regulation and ensuring fair market practices, ultimately creating a more dynamic and competitive economy. Get on the Trump Truth Train! Choo Choo!

[Wingsjr]

How’s the housing market in North Korea?

[fdicr]

U r the real loser from 40 cents to here is about 25 times. I can understand your stupidity. People like u will never make real money. You have been preaching for 3 years this FNMA will go down to 0.05 0.10. So who has been right and wrong. 0.1 or 9.50 ?

[Red Cloud]

Hi Arnold, Happy 4th of July!!

[FuturesTrader006]

Haha keep the pressure on Pulte the cheerleader.

[FNM500K]

President Trump is the ultimate decision maker on if, how and when to take Fannie Mae and Freddie Mac public. He is the best deal maker in history. He will make the best decision, and in all scenarios, President Trump will stay in control of Fannie and Freddie. 🇺🇸

— Pulte (@pulte) July 3, 2025

[FrostyEmpire44]

That report is becoming more and more dated. Every quarter the GSEs are making progress towards being fully capitalized. I believe even Ackman pointed out part of the balance sheet was held down by the value of the Senior Preferreds because they "the government accountants" keep raising how much they are worth against the assets.

So there definitely is some accounting "voodoo magic" going on to keep the EPS artificially at Zero and the balance sheet from reflecting the true value of the profits the GSEs are making per quarter.

,..The quarterly reports reflect 0 or .1 every quarter while all profits are swept towards increasing the Tier 1 capital. They have to put a lot of smoke up while tuck away the value that is being created in the GSEs.

It will be interesting to see the next few quarterly reports because Pulte did clean house from the lower level echelons to the boards themselves. We could see a clearer picture of the value of the GSEs if some of the accounting gets cleaned up.

[PhantomEnchanter891]

Bessent has said they do not need capital (or much capital).

[Guido2]

@POTUS @DirectorPulte @SecScottBessent @SecretaryTurner @howardlutnick @BillAckman

This is the NYSE Building. The two of biggest corporations in USA Fannie Mae and Freddie Mac don't trade there as their Chairman @pulte won't list them.https://t.co/P6QEqeRwjd https://t.co/lXcxEKKG9o

— Guido da Costa Pereira (@GuidoPerei) July 4, 2025

[FrostyEmpire44]

The FED Reserve (FED), and Mortgage Backed Securities (MBS). Why the FED 's purchasing habits of MBS matters.

"The Federal Reserve (FED) purchases of mortgage-backed securities (MBS) are a form of quantitative easing, a monetary policy tool used to stimulate the economy. During the 2008 financial crisis and the COVID-19 pandemic, the Fed significantly increased its holdings of MBS to lower interest rates, encourage borrowing, and support the housing market. However, the Fed is now in a process of reducing its MBS holdings, known as quantitative tightening, as part of its efforts to combat inflation."- pulled from Google AI research.

The FED has not been able to unwind its larges position of MBS products on its balance sheet. The FED over stimulated the housing market for a long period of time and now needs time and gradual inflation to bail it out.

What is the value of the MBS position at the FED?

"The value of Mortgage-Backed Securities (MBS) on the Federal Reserve's balance sheet is approximately $2.2 trillion. This figure represents the total amount of agency MBS held outright by the Federal Reserve System Open Market Account (SOMA). As of recent reports, the Fed's total assets are around $6.7 trillion, with Treasury securities accounting for the largest portion at $4.2 trillion. " - pulled from Google AI research.

The two edge sword of the FED. The FED reserve can create money by means of fiat currency. The Federal Reserve can literally purchase whatever it wants without regard for the need for physical cash. Essentially, the US dollar is more of an electronic currency than printed money now. When the FED buy's trillions of dollars of MBS securities without a corresponding asset on its balance sheet it is creating price inflation on all goods and services.

The bottomline: The FED can lower rates, but the Fed needs to wean itself off all those MBS products at the same time. So, the FED is not buying MBS products as it lowers rates therefore Mortgage seekers are paying higher rates despite the FED lowering interest rates.

The only option is the FED stays the course, and those MBS positions unwind over the next decade.

[wdereb79]

Happy Independence Day! Hope everyone has a great July 4th weekend! Have a great one but be safe folks!

[JOoa0ky]

If y'all believe what Calabria has said... No one on capitol hill has ever told him to stop. Everyone wants to resolve the FnF saga but no one has donkey balls big enough to do it.

They want someone else to pull the trigger in case it goes south they can just blame them.

[bradford86]

12 minutes in.

Mid summer is in a month.

[Angelmin]

You are a laughing stock.You are saying you have lost a big money, and it's not a good idea to continue shorting!
How are you handling the debts in your life?

[along4zride]

No bang no pop she's a dud .No uplift no removal of $ 187 Billon owed .No mention of making greedy vulture investor rich . (FNMA).Not happening. Not anytime soon . It would of happened by now . It hasn't cause it won't . Not a good idea to be pitching this wreck to family and friends this weekend if you want to keep integrity and be invited back next occasion.

[EternalPatience]

Tweet or Truthsocial to trump to release us on July 4th

[EternalPatience]

Holden?

[krab]

Sorry but I believe it's more near 11,000 FnF concealed executives privialged documents.
I believe all executive privilaged documents should restored to normal access, directly after that person exits or leaves the office.

[Horseman Country]

Pulte responded to Ackman. Encouraging…

[stockanalyze]

yups, potus is the decision maker and he will do what he wants and no one can stop him. just don't know what he wants. potus aka government aka regulator has to be in control if he is giving implicit guarantee so that bank sharks don't loot the government again taking it for granted. my gut tells me that the release of 10,000 docs will happen and will allow a recalculation with fannie freddie owing a net of 10% dividend and no more, rest will be refunded and they willl let warrants expire (or canceled if the 10000 docs are damning enough). so what is the pps in this scenario with the growth model, css, crypto, etc etc.

[blankstares]

They plugged freeing F2 several times. Wonder who paid for this.

Edit: Don't know why it wont link to the times but its at 1:28:40 and 2:38:00

[blankstares]

At the end of the Trump rally in Des Moines, RSBN starts reading off the sponsors and there it was, a plug for freeing F2. Never heard of housingforus.org but they are advertising to free F2. They are advocating for dilution but whatever, publicity is publicity.

[Wingsjr]

Btw, the Government owns the Warrants, they can’t sue themselves.

[Wingsjr]

They won’t have standing. They don’t own the company like Commons do. They have no voting rights before or after CONservatorship. It’s our value that will be stolen, their stake in commons being screwed is not value, it’s a gamble.

[bradford86]

Thats a weird one. As regulator fhfa will always be in control of them. Thats how they are structured.

I will say, the GS report i just read interprets this as consent decree: which makes sense. It mostly just talks about how no matter what you do with spspa— they need a big capital raise; also how to structure gov commitment fee. Etc

[CCSAB]

In case there was any doubt Pulte didnt mean what said 1 month ago.....he just posted the following on X

President Trump is the ultimate decision maker on if, how and when to take Fannie Mae and Freddie Mac public. He is the best deal maker in history. He will make the best decision, and in all scenarios, President Trump will stay in control of Fannie and Freddie.

[stink stack]

Warrants canceled and re-list is iminent. Join the Ride or get run over. BOOM

[bradford86]

Beef

[wdereb79]

I answered your question about this earlier.

[RickNagra]

Sorry.  That was my whale horn.  I blew it by mistake.

[CCSAB]

Did we all forget Putle comments related to conservatorship a mere month ago?

[Guido2]

Never learnt to speak Pulte, but after the SCOTUS ruling that FHFA Director serves at the pleasure of the President, that particular statement is true. Even after conservatorship, FHFA will be REGULATING FnF. If the Director doesn't do what the President wants, he/she gets fired. So the President will remain in control.

[MRJ25]

That is why I stayed with it. I knew CON-ship could not last forever.

[wdereb79]

Im good with Trump in charge. Means we will be making money.

[wdereb79]

He can’t give anything away. Think he is just covering his bases.