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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.
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!
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!!!!
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.
FNMA: Fannie Mae posts biggest increase FNMA: Fannie Mae posts biggest increase in guaranty book of business so far in 2024https://t.co/J9AEiRBIuA
in guaranty book of business so far in 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.
Has she ever done anything? why would anyone expect anything out of her other than lies and deception? who needs a pump and dump based on rumors about her doing nothing. Keep her current FHFA/Treasury dummies out of it. they dont understand the gains by releasing.
When and where did Kamala say that? Or are you throwing one liners out there again and hoping that they will stick to the wall?
142 billion combined.
That would be wrong. The Trump admin allowed the retention of capital. The twins would not have (what is it now?) 120 billion combined. The current administration and Harris campaign wants to use that capital and possibly warrant money for 50k mortgage give aways, along with rent and price controls - it's all been reported. Did you invest here to have your investment given away?
Kamala Said She Is Releasing The GSEs Before The Election…
Trump Had 4 Years And Did Not Do Shit.
We gotta wind them down is what Obama said.
Gse’s are the biggest theft in history
Also the longest prison sentence after saving this country during the housing crisis
Many persons belong in prison for their role in this huge theft and fake accounting news etc
Release FnF
Go FnF
U.S. House Prices Rise 5.7 Percent over the Last Year;
Up 0.9 Percent from the First Quarter of 2024
for immediate release - 08/27/2024
Washington, D.C. – U.S. house prices rose 5.7 percent between the 2nd qtr '23
and the second quarter of 2024, according to the FHFA House Price Index.
House prices were up 0.9 percent compared to the first quarter of 2024.
FHFA’s seasonally adjusted monthly index for June was down 0.1 percent
from May.
“U.S. house prices saw the third consecutive slowdown in quarterly growth,”
said Dr. Anju Vajja, Deputy Director for FHFA’s Division of Research and
Statistics. “The slower pace of appreciation as of June end was likely due to
higher inventory of homes for sale and elevated mortgage rates.”
Significant Findings
-- Nationally, the U.S. housing market has experienced positive annual
appreciation each quarter since the start of 2012.
-- House prices rose in 50 states and the District of Columbia between
the second quarter of 2023 and the second quarter of 2024. The five
states with the highest annual appreciation were 1) Vermont, 13.4 %;
2) West Virginia, 12.3 percent; 3) Rhode Island, 10.1 percent;
4) Delaware, 10.0 percent; and 5) New Jersey, 9.9 percent.
-- House prices rose in 96 of the top 100 largest metropolitan areas over
the last four quarters. The annual price increase was the greatest in
Syracruse, NY at 14.2 percent. The metropolitan area that experienced
the most significant price decline was Austin-Round Rock-Georgetown,
TX at -3.2 percent.
-- All nine census divisions had positive house price changes year-over-year.
The Middle Atlantic division recorded the strongest appreciation, posting
a 8.5 percent increase from the second quarter of 2023 to the second
quarter of 2024. The West South Central division recorded the smallest
four-quarter appreciation, at 2.8 percent.
-- Trends in the Top 100 Metropolitan Statistical Areas are available in our
interactive dashboard:
https://www.fhfa.gov/data/dashboard/fhfa-hpi-top-100-metro-area-rankings.
The first tab displays rankings, and the second tab offers charts.
The FHFA HPI is a comprehensive collection of publicly available house price
indexes that measure changes in single-family home values based on data
that extend back to the mid-1970s from all 50 states and over 400 American
cities. It incorporates tens of millions of home sales and offers insights about
house price fluctuations at the national, census division, state, metro area,
county, ZIP code, and census tract levels. FHFA uses a fully transparent
methodology based upon a weighted, repeat-sales statistical technique to
analyze house price transaction data.
FHFA releases HPI data and reports quarterly and monthly. The flagship
FHFA HPI uses seasonally adjusted, purchase-only data from Fannie Mae
and Freddie Mac. Additional indexes use other data including refinances,
Federal Housing Administration mortgages, and real property records.
All the indexes, including their historic values, and information about
future HPI release dates, are available on FHFA’s website:
https://www.fhfa.gov/HPI.
Tables and graphs showing home price statistics for metropolitan areas,
states, census divisions, and the United States are included on the
following pages.
Notes
FHFA will release the next monthly HPI report (including data through July 2024)
on September 24, 2024 and the next quarterly report (including data for the
third quarter of 2024 and monthly data for September 2024) on November 26, 2024.
FHFA posts release dates for the remainder of 2024 and all of 2025 at
https://www.fhfa.gov/data/hpi#ReleaseDates.
Follow @FHFA on X, LinkedIn, Facebook, and YouTube for more HPI news.
Freddie Mac mortgage portfolio rises at 1.9% annual rate to $3.52 Trillion in July
Aug. 26, 2024 4:50 PM ET
By: Max Gottlich, SA News Editor
--- Freddie Mac's (OTCQB:FMCC) total mortgage portfolio advanced in July at an annualized rate of 1.9% to $3.52T, the company said on Monday, slightly accelerating from June's 1.5% increase.
--- Since the start of the year, its mortgage portfolio has grown at a 1.7% annualized rate.
--- Single-family refinance-loan purchase and guarantee volume stood at $3.4B in July, representing 12% of total single-family mortgage portfolio purchases and issuances.
--- Single-family delinquency rate ticked up to 0.51% from 0.50% in the previous month, while the multifamily delinquency rate of 0.39% inched up from 0.38% in June.
--- As of July, our maximum exposure to Fannie Mae-issued collateral that was included in Freddie Mac-issued resecuritizations was approximately $107.1B.
I for the first time agree with GB on a few statements-
"Fannie Mae has more money than they ever have had in history and the government still has them in conservatorship.
Freddie Mac has more money than they ever have had in history and the government still has them in conservatorship.
2023 Stress Tests
August 10th, FHFA released the 2023 Dodd-Frank Act Stress Test Results. The stress test results result in Fannie and Freddie making a combined $9.9B even if equity prices fall by 45% and home prices decline 38%. Under these conditions, FHFA does forecast that if they are able to use their discretionary accounting authority to write down Fannie and Freddie's assets like they did in 2008, the companies would lose $8.4B. Even with the loss the companies on a combined basis since they have been able to retain earnings since 2019 would have a net worth of $88.9B in this worst case scenario.
My perspective is that guarantee fees doubled during conservatorship and it is much harder to drain a bathtub when you pour in water as fast as it drains out, which is basically what happens to achieve these stress test results whereas in the past earnings were half what they were today and you could accumulate a few years of losses --- now even if the economy falls apart Fannie and Freddie stay afloat on earnings alone."
Somebody X/Tweet this info to the paid for hire fake news media.
Go FnF
Release the GSE's!!!
The Lord giveth the Lord taketh.
Aaand it’s gone. Gains from yesterday are a thing of the past. Crazy stuff.
Glad I'm not a whale I picked up a few more FNMAT !
I hope ur kidding.😂
What Was With All The High Volume In Many Of The JPS Today…?
Whales Dumping FNMAS and FMCKJ ans other JPS
Yup ignore works great. I don’t walk down to the local section 8 housing to discuss stocks. Not sure why I would entertain him or other fools just because they happen to have internet.
The Moderator should hold Him accountable for making this types of comments. He needs a reminder to provide a reference or indicate that it was made as his opinion.
Rule of contract law needs to be followed. Same as the Constitution.
(IMO) Laws keeps Government from doing wrong, as the Jury’s verdict indicated. The Judge ((Govt)) is/has not followed Contract, nor the Constitution.
Why did he limit punitive damages and why is He taking so long to render his decision?
The Jr Preferred are nothing but worthless turds and should all be cancelled. No damages awarded, just cancelled as in zero dollar.
Ignore is a great option with that person...Honesty is not his forte.
Opinion, but makes sense, why exit Cship with current JPS (Liabilities) ? You Dont They Should Be Cancelled
Do you have a link for what you just posted, or, are you gas lighting?
Kamala Said Is Cancelling GSE Jr Preferred As Payback For Suing The Government
Kamala Harris’s housing plan is similar to a
Singaporean strategy—where 90% of residents own their homes
Alena Botros - Mon, August 19, 2024
In the housing world, we’re in an era of haves and have-nots, or as influential economics
writer Noah Smith recently put it, “a direct and inevitable conflict between two large
classes of American society: homebuyers versus homeowners.”
The dichotomy is old, stemming from a time decades ago when a home started to be
perceived as an investment rather than simply a place to live. It feels extremely
pronounced at the moment, however, because the gap between those who own a
home and those who don’t has expanded so much in recent years. Homeowners want
their homes to appreciate in value, therefore amplifying their wealth, while new
homebuyers want prices they can afford. This has sometimes led to a war between
baby boomers and millennials.
“It’s basically a zero-sum game,” the former Bloomberg opinion writer and
macroeconomics expert Smith wrote on his blog yesterday.
In an election year, it’s always the economy. And by way of that, it’s housing.
Democratic presidential nominee and Vice President Kamala Harris recently
shared her housing plan, and Smith is into it. He likened it to Singapore’s
housing policy.
“In Singapore, the government controls the supply of housing, because it
owns about 90% of the land, and can decide how much to build,” Smith wrote.
“Singapore’s Housing Development Board increases supply slowly and
steadily over time, so that everyone has a place to live, and so that
housing—at least, theoretically—earns a modest but predictable
financial return.”
And “it gives lower-income first-time homebuyers a government grant to
help them buy houses,” he said, through a wealth redistribution system.
In 2023, the homeownership rate among Singaporeans was close to 90%.
Some key components of Harris’s plan include up to $25,000 in down
payment assistance for first-time homebuyers and a $10,000 tax credit
for first-time buyers; tax incentives for builders who build starter homes
and affordable rentals; a $40 billion fund to build housing; a repurposing
of some federal lands for housing; a ban on price-setting tools used by
landlords; and a removal of tax benefits for investors buying a
substantial number of single-family homes.
There’s a lot there, but Smith focused on the credits to first-time
homebuyers, tax incentives for builders, more money to build, and
the repurposing of federal lands. He called the latter three “supply
expansion,” and labeled the plan for federal lands “very Singaporean.”
Supply is something the Biden administration has mentioned in its
policy announcements and plans, too, which as Smith points out
is the basis of the YIMBY, or yes-in-my-backyard, movement: the
need for more homes and the ways we can build more homes.
Harris is beginning to embrace that, it seems.
“The Harris economic program—and the Biden program—are
solidly in line with the YIMBY movement that has been winning
victories at the state level,” Smith said. “The key to the YIMBY
movement is that it emphasizes goals over methods—the idea
is to build housing by any means necessary, including
deregulation, tax incentives, and government housing construction
all at once. Harris’s plan embodies this all-of-the-above approach.”
He continued: “Critics have lambasted Harris’s first-time homebuyer
grants as just another demand subsidy that will push up prices.
But Singapore does the same thing! And research suggests that
the effect on prices won’t be that huge.”
But will America become the next Singapore where housing is
concerned? Probably not. Still, it’s encouraging to see housing
take center stage, and to see it being discussed in a way that
recognizes fundamental issues, such as a massive shortfall of
homes. But so much of housing policy happens at the local level,
from governors to mayors to wealthy neighborhood associations.
Not to mention, the Singaporean government controls much
more land than our government.
“Harris’s YIMBY plan won’t fix all that’s wrong with housing in
America,” Smith wrote. “Our state and local laws are too
fragmented, and our NIMBYs too entrenched, for any federal
plan to make the housing shortage go away. But making the
U.S. just a little bit more like Singapore can only be a good
thing, and that’s what Harris is trying to do here.”
This story was originally featured on Fortune.com
Was hoping too but TTT
It’s all fixed against the gse’s by the banksters
Need new admin or someone with the courage to fix this
We all know who that is
Go FnF
Was hoping to the gse final judgment, uncle fester continues to play with thing instead of ruling.
Fmcc
What was updated this morning at 6:50AM.
I don't have access.
TIA
FMCC
Why do you think they delayed the release of results Navy?
FNMAS is really getting slow dropped. I wonder what's up with the rest of the pref's? Seems when Bradford drops from posting, a slew of others (aliases? ) disappear also. So not much news on the pref front, lol
BREAKING:
— Nandita Bose (@nanditab1) August 15, 2024
KAMALA HARRIS WILL CALL FOR THE CONSTRUCTION OF 3 MLN HOUSING UNITS AS PART OF HER ECONOMIC POLICY SPEECH ON FRIDAY - SOURCE
HARRIS WILL OFFER TAX INCENTIVES FOR BUILDERS THAT CONTRUCT PROPERTIES FOR FIRST-TIME HOME BUYERS-SOURCE
(confirming WSJ)
FHFA waiver stress test Deadline pic.twitter.com/nYzR1lZd3K
— Cmdr Ron Luhmann (@usnavycmdr) August 16, 2024
Court Listener does not show any filings today: https://www.courtlistener.com/docket/4212077/fairholme-funds-inc-v-federal-housing-finance-agency/?order_by=desc
Spot on Lite! There's more of us on the same page than there are conspiracy pushers. Take heart folks
No one knows why a judge, in a unanimous decision, takes so long. The GSE saga is a believe it or not Novel in the making. All those involved with be forever in that Novel of hate, deception, lies, theft, and persecution to taxpayers and shareholders alike.
My thoughts would linger into Politics and pull the wrath of the iHub oversight committee. For what it’s worth, (IMO) the delay is part of the overall plan of those who orchestrated and continues to control c-ship (otc). Delay and beat down the share pricing by using behind the scenes trading methods. We have no idea who is trading and even though these companies continue to make bank profits, they remain on the OTC without Congressional support for those Shareholders, who placed trust in the belief that the rule of law would prevail and move these GSEs back to the main trading platform.
What remains is the lack of transparency in the court and the assurance that Justice for the Shareholders will prevail.
what are your thoughts on that, considering current share price???
Any update on Judge’s final decision on Jury Verdict?
True post - Maybe Shelly you could educate yourself before censoring geopolitical and domestic gov't policy that has hurt GOVERNMENT sponsored enterprises as they are indeed politically motivated?
Thanks for keeping my analysis alive under my twitter on $FNMA. The mod/admin are corrupt here - The point is - this is all political and ideologies of each side - Trump has promised many deregulation and private market driven economics that we all want.
Harris Emhoff and Biden are people who would rather die than release a private market catalyst to keep the self-regulatory and sustainable investment cycle of mortgage origination, fully stocks cheap lumber and US Homebuilders at ATH's for stock with plenty of capital, and a CBOE BrokerTec fixed-rate Treasuries platform now adding due to extremely high global demand US GSE MBS. Get ready for the synergy of MAGA 2.0. Day One. Let's go!
$Booom ! - CNBC - Mortgage refinancing surges 35% in one week,
as interest rates hit lowest level in over a year
https://www.cnbc.com/2024/08/14/mortgage-refinancing-surges-35percent-in-one-week-as-interest-rates-hit-lowest-level-in-over-a-year.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
FHFA to Hold 1st Meeting of Advisory Committee on Affordable, Equitable, & Sustainable Housing -08/14/24
— Cmdr Ron Luhmann (@usnavycmdr) August 14, 2024
Wash, D.C. – FHFA 1st meeting of the ACAESH in person Sept 10-11, 2024, at FHFA’s headquarters in Wash, D.C., with video and audio coverage available.https://t.co/xhKKCJF2Bq pic.twitter.com/0gtWO0X5TA
Mad men never stop until they self destruct, then u can rebuild once the chaff is clear. We are past due, there is no one left steering the ship, they are all just riding the wave and clueless.
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