Federal Home Loan Mortgage Corp (FMCCL)

[wayne49]

I have no doubt Ps will see RV. Ps are above the warrants. Nuff Said!

[Latergater]

Huge gains ahead.

[Latergater]

Great discount to par compared to the other pfds.

[Latergater]

Should see a nice rise til midterms.

[Latergater]

Steady rise to par value

[Latergater]

This is a pfd board. Please go to the common board to bash the pfd shares.

[Latergater]

The pfd shares have been looking good over the past week as common shares continue to bleed.

There is a clear rotation to pfd shares as Ackman has been buying up pfd shares to hedge his risky common bet.

Fannie/Freddie commons (-52%) vs. preferreds (-7%) since mid-Oct. Institutional vs. retail money


https://twitter.com/pokernermal/status/984851692284821504?s=21


Pfd shares should see pretty close to par as even Bob Corker has stated.

We have contractual rights and cannot be wiped out like the cmon shares to having money in the pfd is a smart bet.

Long and strong.

[camaro4me]

The GSEs have bought back most of their common shares as shown on the balance sheet as Treasury Stock.


https://finance.yahoo.com/quote/FNMA/balance-sheet?p=FNMA

[camaro4me]

P shares cannot collect past dividends.

They are non-cumulative.

[camaro4me]

The preferred share lawsuits did not get us anywhere.

Bringing GSEs out of cship is the right business and American thing to do.

[camaro4me]

No real volume on preferred shares


https://finance.yahoo.com/quote/FMCKJ?p=FMCKJ

[camaro4me]

FMCCL trading volume is low today

https://finance.yahoo.com/quote/FMCCL?p=FMCCL

[stockprofitter]

JUST ANITHER PROFITABLE DAY LOL

[stockprofitter]

MASSIVE SELL OFF COMING

[stockprofitter]

Here's the key: P SHARES ARE JUNK

[stockprofitter]

P SHARE DOWNGRADE - FAIRHOLME FUND DOWNGRADE

Enjoy.

[Letgoofmyfannie]

Fannie & Fred House

There’s a Fannie and Fred house over yonder
They help make a strong neighborhood
That Fannie and Fred house over yonder
It been home to my baby
Ever since FHFA said it should

Wait a minute…somethins’ wrong…
Shareholders been locked out of the profits?!
There’s somethin’ wrong if the shareholders been locked out of the profits!
[don’t you think so, Bobby Corker?]
I got a bad bad feelin’
The Conservatorship ain’t temporary no more…

[At least I still got my elected representative]

Well I may as well go back over yonder
Way back up on Capitol Hill
I may as well go back over yonder
Up on Capitol Hill
‘Cause if Fannie and Fred don’t exist no more
Affordable home mortgages will be killed…

[Letgoofmyfannie]

GSE Hotel California

On a dank DC morning, Board heads hit the floor
Hanky Panky told Dubya they couldn’t take no more
Up ahead in the future, investors saw a glittering sight
Deferred Tax Assets would save them
Billions restored overnight

Tim Geithner stood at the press conference;
He knew his mission well
Shareholders were thinking to themselves
'This could be Hell..or worse than Hell'
Then Tim made a 3rd Amendment, swept all profits away
There were voices in the Capitol,
CNN heard them say

GSE’s are in Hotel California
Stuck with a Net Worth Sweep (Net Worth Sweep)
Treasury wants to keep…
Plenty of Profits in GSE Hotel California
Four times a year (four times a year) they sweep it there

Her bottom line is Triple A-rated, she got the MBS bonds
She got a lot of bought CONgressmen, told to hate on
How they preen at their Hearings, all the while they bull shit
Some can’t even remember, some can’t seem to forget

So I called out Bobby Corker,
'Please knock off your whine’
He said, ‘we’ve been shorting their stock since its price was sixty-nine'
And think tank voices are shouting from the Beltway,
Twitter bombing in the middle of the night
Where you can hear them say

GSE’s are in Hotel California
Stuck with a Net Worth Sweep (a Net Worth Sweep)
Treasury wants to keep…
Plenty of Profits at GSE Hotel California
Four times a year (four times a year) they sweep it there

Treasury is Self Dealing,
They got FHFA on ice
Congress said, ‘we’re all just observers here, on our counsels’ advice'
In the judicial chambers,
They overturn all appeals
Then blame it on precedent,
Allowing Treasury to steal

Ever since last November, investors
Running for the doors
They have to find a safe investment back to the net worth they had before
'Relax' said Steve The Nooch,
'We are authorized to Net Worth Sweep
You can complain all you like,
But profits you’ll never keep!’

GSE’s are in Hotel California
Stuck with a Net Worth Sweep (a Net Worth Sweep)
Treasury wants to keep…
Plenty of Profits at GSE Hotel California
Four times a year (four times a year) they sweep it there

Plenty of gloom at GSE Hotel California
Such a Bigly fraud (Bigly fraud)
Let’s rob the underdogs
Plenty of gloom at GSE Hotel California
Any quarter of the year (quarter of the year)
Treasury sweeps it there…

[Latergater]

Nsfraudbuster why don’t you stick to the common board and watch the train wreck happening over there.

[stockprofitter]

Downgrade http://www.morningstar.com/articles/853729/another-downgrade-for-fairholme.html

[2cuall]

Dicin 2

[stocktrademan]

FMCCL bullish 11.86


http://www.freddiemac.com/






normal chart




log chart