[trunkmonk]

whats even more bizarro is owners of IH are crypto owners and supporters, and under Harris their wealth will be less than under Trump. how stupid to support a dog that is going to bite you, maybe even shred u through illegal dogs, with no regard for anything u do for it.

[Louie_Louie]

That's par for the course

[trunkmonk]

Good one, libs are always, and i mean always hypocrites. They hate Investing too, cause they dont understand it and cant control it, so they hate on it.

[stink stack]

Did anyone notice we can't talk politics on this board but they run Harris for President ads.

[EternalPatience]

Helpless hopeless bunch we are

[Golfbum22]

GSE's no mention for past 3.5 years.

still in prison and left for dead.

if you still don't know what to do soon.

LMAO

[Sammy boy]

Lmao !

[trunkmonk]

looks like day ended well overall.

[Louie_Louie]

I have no doubt she is being "placed" by whoever is in charge. Mark this post. Just like the CEO of Fannie and thr FHFA head, do nothing but find ways to spend the companies capital on give aways. These people are being installed to stymie and wreck what they can if the desired election outcome does not transpire.

[Golfbum22]

Does anyone have the ability to find out her previous salary info and why she would take this job for reduced pay?

Maybe things are changing soon with gse’s?

I know overly optimistic thoughts

But would be useful

[trunkmonk]

Let’s hope she is good news for reality checks and pushing to get out of conserve. But as we all know, it’s an agenda, with hate and stealing.

[navycmdr]

Freddie Mac Names Industry Leader Diana Reid CEO

September 10, 2024 9:01 AM EDT Tweet Share E-mail

Transition to take place immediately !



MCLEAN, Va., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that its Board of Directors has selected real estate and financial services industry veteran Diana Reid to serve as the company’s chief executive officer (CEO), effective immediately. Ms. Reid also will serve as a member of Freddie Mac’s Board of Directors. President and Interim CEO Michael Hutchins will continue as the company’s president.

Ms. Reid brings more than four decades of banking, real estate, capital markets and affordable housing experience to Freddie Mac, most recently serving as an independent director and advisor to several organizations. She spent nearly 12 years leading PNC Financial Services Group, Inc.’s real estate business division through the financial crisis and on to a period of significant growth.

“I am pleased to announce that Freddie Mac’s Board of Directors concluded its comprehensive search and selected Diana Reid as the company’s next CEO,” said Lance Drummond, non-executive chair of Freddie Mac’s Board of Directors. “Diana’s proven track record and vast experience in housing finance, real estate and capital markets make her an excellent choice to further Freddie Mac’s mission-driven work. I have the utmost confidence that she is the right person to take Freddie Mac into the future.”

Drummond added, “On behalf of the Board, I thank Mike Hutchins for his leadership as interim CEO, which provided necessary stability and continuity for Freddie Mac’s important work. We are delighted to benefit from his continued leadership as the company’s president.”

Prior to her executive role at PNC, Ms. Reid founded Beekman Advisors, where she provided real estate finance company owners, CEOs and boards strategic advice and M&A execution. She spent nearly 20 years at the investment bank formerly known as Credit Suisse First Boston in Mortgage Trading, Debt Capital Markets, and Financial Institutions Advisory.

“It is an honor to join Freddie Mac and lead the company as it carries out its vital role in the housing finance market,” said Diana Reid. “I look forward to working with the Board, management and my colleagues at Freddie Mac to continue and expand the company’s contributions in providing liquidity, stability and affordability for housing in communities across the country, and to ensure the company’s safety and soundness for the next generation.”

Diana Reid is a member of the board of directors of Welltower, Inc. (NYSE: WELL), the advisory board of Pittsburgh Opera, and a founding board member of The Denyce Graves Foundation. She earned her Bachelor of Science degree from California State University and her Masters of Business Administration degree from University of Virginia’s Darden School of Business.

About Freddie Mac
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT: Christopher Spina
703-388-7031
[e-mail]

[trunkmonk]

FNMAS up 9%, out done commons but both are up, yippie.

[955]

Trump Pledges to Outlaw Censorship in America & Fire Every Federal Employee That Helped Big Tech Surveil & Silence Americans Over Last 8 Years

Trump Promises Free-Speech Executive Order, Will Fire Bureaucrats Engaged in Censorship

[Ace Trader]

Got me! But I'm sure with the Polls looking like a win for fannie & freddie shareholders one can only hope this will continue to build as we get closer to the election.

[Rk3]

Contact John Deaton as he just won the nomination and now goes on to DEBATE FRIGGIN’ ELIZABETH WARREN for her Senate seat. Give him all the sorted details of
her alleged involvement in this sham fraud? The moment is here, no more I-hub wailing wall. We can do this.

[Sammy boy]

We are cleared for takeoff ! Lmao, not again !

[Louie_Louie]

Who in their right mind would not want Elon Musk to lead a team to audit the governement! That should be the biggest story of the month. The free wheeling, spend crazy bureaucrats must be going into corners, shivering and shaking, knowing an audit is coming, lol. Imagine all the useless, senseless and crony spending projects that will be revealed! On both sides of the fence.

[navycmdr]

John Paulson @ 8:10 mark he talks

privatization of Fannie & Freddie & more

$FNMA $FMCC Start at 8:10 Mark- John Paulson on Backing Trump, Fannie Mae Freddie Mac Tax Rates, Fed Policy - YouTube https://t.co/DPVWcIVVAZ

— Patrick (@InvestIt3) September 5, 2024

[navycmdr]

CEO Fannie Mae ..



https://www.connectcre.com/stories/walker-webcast-fannie-maes-priscilla-almodovar-discusses-housing-affordability-gse-perception-and-mortgage-rates-with-host-willy-walker/

[RickNagra]

From the CEO of Fannie Mae: How Sound is Fannie Mae?
Fannie Mae has been in conservatorship since 2008, following the housing crisis. But Almodovar said that today’s Fannie Mae differs from the one before the Great Financial Crisis. For one thing, the agency’s development of…

— Tim Pagliara (@timpagliara) September 5, 2024

[navycmdr]

Freddie Mac Announces $233 million Non-Performing Loan Sale
(stronger everyday )
Includes two Extended Timeline Pool Offering Targeting Smaller Investors

September 4, 2024 10:01 AM EDT



MCLEAN, Va., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $233 million in non-performing loans (NPL) for sale via auction. The NPLs being offered consist of seasoned, deeply delinquent residential first lien whole loans held in Freddie Mac’s mortgage-related investments portfolio. The NPLs are currently serviced by Select Portfolio Servicing Inc., Newrez LLC, d/b/a Shellpoint Mortgage Servicing or Nationstar Mortgage LLC, d/b/a Rushmore Servicing.

The NPLs are being marketed via three pools: a Standard Pool Offering (SPO®) and two Extended Timeline Pool Offerings (EXPO®), which target participation by smaller investors, including non-profits and Minority, Women, Disabled, LGBTQ+, Veteran or Service-Disabled Veteran-Owned Businesses (MWDOBs).

Bids are due from qualified bidders by September 26, 2024 for the SPO pool, and October 10, 2024 for the EXPO pools.

All eligible bidders, including private investors, MWDOBs, non-profits and neighborhood advocacy organizations are encouraged to bid. To participate, all potential bidders must be approved by Freddie Mac and successfully complete a qualification package to access the secure data room containing information about the NPLs and to bid on the NPL pool(s). The bids are to be made on an all-or-none basis for any pool. The winning bidder for each pool will be determined on the basis of the economics of the bids, subject to meeting Freddie Mac’s internal reserve levels, at Freddie Mac’s sole discretion.

Advisors to Freddie Mac on the transaction are Citigroup Global Markets Inc. and First Financial Network, Inc., a woman-owned business.

Freddie Mac’s seasoned loan offerings focus on reducing less-liquid assets in the company’s mortgage-related investments portfolio in an economically sensible way. This includes sales of NPLs, securitizations of re-performing loans (RPLs) and structured RPL transactions. Since 2011, Freddie Mac has sold $10.3 billion of NPLs and securitized approximately $78.6 billion of RPLs consisting of $30.4 billion via fully guaranteed MBS, $35.5 billion via the Seasoned Credit Risk Transfer (SCRT) program, and $12.7 billion via the Seasoned Loans Structured Transaction (SLST) program. Requirements guiding the servicing of these transactions are focused on improving borrower outcomes and stabilizing communities. Additional information about Freddie Mac’s seasoned loan offerings is available at
http://www.freddiemac.com/seasonedloanofferings/.

The financial and other information contained in the documents that may be accessed on this page speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.

Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT: Fred Solomon
703-903-3861
[e-mail]

[Sammy boy]

TEMPORARY INDEFINITE !! Can you dig it ?

[Sammy boy]

Junk now is junk later!

[Ace Trader]

I'd like to point out a couple of things about this letter DJT wrote to Senator Rand Paul back in 2022.

DJT knowedged that the large % of Fannie & Freddie investors were everyday US citizens retirement savings etc. I took another look at it and wondered a few things.

Quote:
((((Federal Housing Finance Agency (FHFA) to steal the retirement savings of hardworking Americans who had invested in Fannie Mae and Freddie Mac.))))

Quote:
(((((The idea that the government can steal money from its citizens is socialism and is a travesty brought to you by the XXXXXXXX ad ministration.))))))

If DJT gets a 2nd term and within a year in the position to release Fannie & Freddie one must ask if he would want to release in a way it didn't steal anymore $ from shareholders or wa this letter just ( Lip talk)

Quote:
((((My Administration would have also sold the government's common stock in these companies at a huge profit and fully privatized the companies.)))

If he is a man of his word then is this going to happen this way??? Cash in the warrants, sell to certin people aka (Warren Buffet) why is Buffet selling large holdings of stock and getting cashed up???? Reports say he has around $350 million in cash. Has anyone found any DD on him and DJT or the future admin having meeting s etc???
https://www.fool.com/investing/general/2014/04/28/warrenbuffett-on-fannie-freddie.aspx

https://pbs.twimg.com/media/GWjabfqXAAEADQ3?format=jpg&name=large

[navycmdr]

Dream Team for Housing Fannie / Freddie

Tim Howard FHFA & John Paulson Treasury

$FNMAS $FNMA https://t.co/s6gFEo5SSV

— Jarndyce Jarndyce (@JarndyceJ) September 2, 2024

[trunkmonk]

but what about Capital fracking, or was that stacking, cant remember, and yes the old SPS death spiral financing and unconstitutional HERA violation of taking every penny they earn crapola. what a scam to make any good corporation look illiquid

[Louie_Louie]

The twins are over capitalized now. The only reason they are still building money s so one group other the other can manipulate another robbery at some point. They're not be held accountable now by Judges or the public, so what will change that?

[navycmdr]

Fannie Mae / Freddie Mac 2015 Flawed Analysis Paper

Will John Paulson be NEW TREASURY SECRETARY ??

2015 paper FLAWED Analysis - ... " the ability to pay dividends could play a crucial role in raising capital, accelerating GSEs' path to full capitalization. Therefore, the 2015 paper's analysis is outdated & DOES NOT REFLECT the current state of Fannie Mae and Freddie Mac. " pic.twitter.com/TyT9Oqwm7g

— Cmdr Ron Luhmann (@usnavycmdr) September 1, 2024

[Viking61]

Thanks Rick but no thanks.

[CatBirdSeat]

IT’S TIME…Hot Off The Press,

Glen Bradford Seeking Alpha…

“Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two government-sponsored enterprises ("GSEs") that have been in conservatorship since September 6, 2008. Hank Paulson and Dan Jester led Treasury's efforts to seize the companies and restructure their balance sheets to inject capital via the SPSPA, an agreement that was put in place after they were put in conservatorship that relied on FHFA's discretionary accounting authority to write down GSE assets to support the narrative of the enterprises needing capital.

In a world where it surely becomes inadvisable to hold the enterprises captive in conservatorship when their net worth eclipses their ERCF capital requirements, and where the Republican Party at large supports the end of conservatorships, my strategy is to continue to accumulate the junior preferreds (OTCQB:FMCKJ) at a discount to their intrinsic value. Fannie and Freddie have more net worth than ever before in history and a stronger earnings profile than ever before in history. They are safer than ever before in history. The acting CEO of Fannie Mae indicated that someone doesn't know how to take a victory lap by ending the conservatorships. I couldn't agree more.”

[CatBirdSeat]

Dear Benzinga,

Can you please draft a GSE hit piece and dont plagerize shit from 2015.

Regards,

GSE Ihub Shorts (aka Assholes)

[CatBirdSeat]

Strong BUY! Extra, Extra,.. Yahoo and Benzinga Produce Worse GSE Hit Piece Ever Plagerizing Material From 2015! Baaaahaaaa! $$$$$

[RickNagra]

Viking for president. Viking for Treasury Secretary. Hip hip hooray. Hip hip hooray.

[primewa]

2 more months. We shall see if F&F still under communist control or liberate by 47 POTUS DJT and the c r o oks in charge will soon looking for the new jobs. Time will tell and it is up to your guts. All I want good holidays for both common and prefer SH. Billion for wars no issue but fought toes and nails to keep F&F in Cship by the crooks and big pig fat crook judge. Only DJT can be able to resolve F&F SH issue one in for all. Good luck to all.

[Viking61]

In two and one half years at the current 6 percent interest. The GSEs will be making $13 billion a year in interest only. That’s half of their annual retained earnings in interest only. At that time they will be able to release themselves from the conservatorship!

[Viking61]

The largest story not being told is that at 6 percent interest the GSEs are making $8 billion per year in interest only combined!
So, other naysayers and bankruptcy story tellers have not a leg to stand on! When you add in the interest just from the retained earnings, the GSEs are projecting $25 billion a year in net retained earnings combined.
This is why the CRT program is nothing but a disguised heist of GSEs funds to go to liberal leaning backers! The GSEs Don’t Need CRTs!!!!

[Louie_Louie]

Thank you! I have lost track. 142 billion is way more than enough to release both GSE. That capital is a giant piggy bank to some though. Sharholders being held hostage, no dividends, no recourse is extreme criminality being practiced by the governement.

[navycmdr]

FNMA: Fannie Mae posts biggest increase

in guaranty book of business so far in 2024

FNMA: Fannie Mae posts biggest increase in guaranty book of business so far in 2024https://t.co/J9AEiRBIuA

— Cmdr Ron Luhmann (@usnavycmdr) August 29, 2024

Fannie Mae (OTCQB:FNMA) experienced the biggest compounded growth
rate for its guarantee book of business so far in 2024, climbing 2.0% in
July vs. June's 1.3% ascent, the government-sponsored enterprise said
on Wednesday.

Conventional single-family serious delinquency rate inched up to 0.49% in
July from 0.48% in June, and the multifamily serious delinquency rate
ticked gained 12 basis points to 0.56%.

As of July 31, 2024, Fannie Mae's (OTCQB:FNMA) maximum exposure
to Freddie Mac collateral that was included in outstanding Fannie Mae
re-securitizations was $206.8B.