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I worked in state govt. a trust
Me, her fat rear is long gone. Deputy director is the coverage
The mortgage market could collapse.
The intrinsic value of one FMCC stock under the Base Case scenario is 2 680.04 USD. Compared to the current market price of 5.68 USD, Federal Home Loan Mortgage Corp is Undervalued by 100%.
https://www.alphaspread.com/security/otc/fmcc/summary
Check all his recent tweets. Pro release
So "vice" in Latin means "in place of." I understand this now. However why is there no "resigned" after the Thompson name ? I believe she is still there.
I am expecting FnF releas coming in February !!
I would be just as surprised ... lol - but
after the yuge BOLD Global moves today
by POTUS - GSEs would be relatively small
No offense Navy, but I'll believe it when I see it.
Yeah, but what ratings? I have yet to see any definitive action.
I agree it’s very close maybe before
Can you even imagine if TRUMP says
this is a Big One - and then signs an EO
ordering the end of c'ship and release of
GSEs then holds it up for the cameras?
🤔
Trump needs to open and release the 11,000 documents like he just did JFK And MLK. Shine the spotlight on the crooked conservatorship!! BOOM!!
Trump needs to open and release the 11,000 documents like he just did JFK And MLK. Shine the spotlight on the crooked conservatorship!! BOOM!!
Perhaps I will but probably won’t! Maybe you should or perhaps you don’t?
The intrinsic value of one FNMA stock under the Base Case scenario is 205.48 USD. Compared to the current market price of 6.58 USD, Federal National Mortgage Association is Undervalued by 97%.
https://www.alphaspread.com/security/otc/fnma/summary/1000#:~:text=The%20intrinsic%20value%20of%20one,Association%20is%20Undervalued%20by%2097%25.
Welcome back!
Great idea and thanks for the addresses.
William Pulte, of Florida, to be Director of the Federal Housing Finance Agency for a term of five years, vice Sandra L. Thompson.
Nominations Transmitted to the Senate
January 22, 2025
https://www.whitehouse.gov/presidential-actions/2025/01/nominations-transmitted-to-the-senate/
Bessent advances to next step---we're almost golden
The Senate Finance Committee just voted 16-11 to advance Scott Bessent's nomination for treasury secretary
All Republicans voted yes. Thune, who stayed a Finance member, at the committee in person today to vote for him. Two Dems - Warner & Hassan - vote YES, rest oppose
10:28 AM · Jan 21, 2025
https://x.com/LauraEWeiss16/status/1881725554405376203
PS….because of mail screening procedures in DC, figure on your letters taking two weeks to arrive at their destination, so time is of the essence.
Good job. Keep it up.
Hi Everyone, haven’t been on here for a while….now that the discussion is getting very warm down in DC, it’s a good time to gather your thoughts on release and let the interested parties down in DC know what you are thinking. The good folks on this board know more about conservatorship and release than most of the people in Treasury, FHFA or the DOJ. Listed are are the mailing addresses for the key decision makers as we go forward. Please join me in putting your version of how to close this out on a piece of paper and drop it in the mail to them. Letters should be polite, professional, to the point and no more than one page. More than that, they don’t even get read. If you have more than one page, save the rest for another follow up letter. Here we go:
President Donald J. Trump
The White House
1600 Pennsylvania Avenue NW
Washington DC 20500
Vice President JD Vance….same address, The White House
Honorable Scott Bessent, Secretary
United States Treasury
1500 Pennsylvania Avenue NW
Washington DC 20220
Honorable Bill Pulte, Director
FHFA
Constitution Center
400 7th Street SW
Washington DC 20219
Honorable Scott Turner, Secretary
U.S Dept of Housing and Urban Development
451 7th Street SW
Washington DC 20410
Honorable Tim Scott, Chairman
Senate Committee on Banking and Housing
534 Dirksen Senate Office Building
Washington DC 20510
Honorable French Hill, Chairman
U.S. House Financial Services Committee
2129 Rayburn House Office Building
Washington DC 20515
And there we go. In numbers there is strength!!
Good time as any for you to perhaps exit?
Haven’t been on here for a while…
No doubt the two turbo bitch RINOs will vote against him. They vote against all normal people.
Sogo is probably right - Bass was involved with the GSEs in 2013 but it is reported that he "cut bait" and exited the position in 2013. Bass follows the Chinese economy and has many macro trades.
https://www.fa-mag.com/news/hedge-funds-wagering-on-fannie-freddie-reincarnation-13912.html?print
Now 9 days above $5
FNMA
Date - PPS - Volume
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
I just heard on Fox that the Bessent confirmation vote is tomorrow.
It now goes to the full Senate (100 Senators) for a confirmation vote. Almost guaranteed.
This is all BS. If Trump frees Fannie and Freddie from Conservatorship. There will be no need for FHFA group. Secretary of Treasury will have ZERO affect on Fannie and Freddie (FNMA/FMCC) share price.
Its all that simple people.
36 cent take down on a miniscule 9M volume. Bring it on. We will play the game. Take it down tomorrow on a 3M volume. We don't care. We are here for the marathon not the sprint race
what does advance mean? my understanding is that it's not confirmation.
The Senate Finance Committee just voted 16-11 to advance Scott Bessent's nomination for treasury secretary
All Republicans voted yes. Thune, who stayed a Finance member, at the committee in person today to vote for him. Two Dems - Warner & Hassan - vote YES, rest oppose
https://x.com/LauraEWeiss16/status/1881725554405376203
now just need Pulte, though I read that FHFA chief is appointed
Why doesn't Bill Ackman go in front of Trump and ask him to sign an Executive Order, that he drafted freeing Fannie and Freddie from Conservatorship.
It seems to me that now that Trump is signing so many executive orders for alot of BS stuff that won't make anyone as much as Fannie and Freddie Stock could make if they were freed from Conservatorship.
Trump signed a letter in 2019 to Minuchin asking him to free Fannie and Freddie, how about Ackman goes in front of Trump now and says: "PROMISES MADE, PROMISES KEPT" as his campaign slogan and gets Trump to sign the Executive Order Freeing Fannie and Freddie (FNMA/FMCC shares) from this miserable conservatorship we have been suffering through for the last 18 years.
Do we need to round up all the shareholders in protest to get Trump to sign this Executive Order? Why is no one handing President Trump these executive orders to sign?
What F_K is Ackman waiting for? He could make himself and all of us shareholders, "So Fuken Rich" if someone does that. Including the US government could be making $300 billion in profit if FNMA/FMCC go to the moon in price.
I read a lot of BS on this board and yet no one has posted the most important post of year. My post where everyone is make a ton of money.
If you are a shareholder I would appreciate your answer to me here.
GLTA
.I'm the janitor
https://m.youtube.com/shorts/f_sPTuInY4M
What’s the hold up listing Fannie and Freddie on the New York Stock Exchange? Get it done!
The amount “borrowed” by the GSE that would be converted at whatever common shares trade at. I picked $100B for conversion at $30 a share. Unsure on the exact numbers.