Freddie Mac-No Politics (FMCC)

[nagoya1]

I know I wasn't a poster child for posting TOS etiquette. The GSE daily pref 5 cents malarkey got the the better of me. Those degenerates deserved it yet they continue to post unscathed. hmmm.
THanks
FMCC

[Ace Trader]

As a Mod on both boards I can only see banned and temp bans and how long they are for. Posts restrictions I can't see anything.

[nagoya1]

Does anyone know how long the 1 post limit lasts on the fnma board… thanks
Looking forward to next week, there has got to be good news following Friday’s sell off

[Louie_Louie]

Brings to mind another addage about government. Do you know the difference between the government and a robber? The robber will never try to covince you that he is trying to help. So....

[mrfence]

Check out the perspective on MBS during the 08 financial crisis https://rumble.com/v52uldi-will-global-de-dollarization-collapse-the-us-economy.html

[Stockman1010101]

Any judge that does not do his job in properly handling Fannie and Freddie jury verdict cases should be disbanned at a minimum and possible jail time for violating the law. If we still have a nation of laws anymore. Otherwise if they can violate the law and be above it, why can't we?
I think we are going back to the Wild, Wild West where a man with a gun that can outshoot you becomes the judge, jury, and executioner of the law we are forced to live under.

[trunkmonk]

other than that idiot Powell, digital currency is coming.

[basesloaded]

It’s the very reason for the sell off. If you can’t win a case even after a unanimous decision. How can it move forward. It’s stuck in govmire for almost two decades now, with no end in sight.

[mrfence]

Not the MMs, not the shareholders, not the plaintiffs, not the defendants, not the FHFA, not the BOD, not the Courts, not even God, knows $FMCC~ $FNMA~

[mrfence]

Central Feds?

[trunkmonk]

I did brace myself. Tied myself to gold silver and central feds.

[mrfence]

Poli in Latin = Many
Tics = a blood sucking parasite
Ergo Politics = Many Blood Sucking Parasites.

[Sammy boy]

Sammy doesn’t short. I’m in this PIG for too much but I know how this ride has been and it’s going lower according to my source. He’s worth about 800M. Certainly out of my league, I still have 5 payments left on my tennis shoes and no he doesn’t own any shares of this crap!

Happy Hour is here men or whatever you’re identifying as today, don’t get too loaded if you’re driving.

I only wish I was wrong !

[Golfbum22]

you posted form 25 on the FNMA board

what does this mean?

delisting from the OTC?

possible good news coming?

any guesses?

TIA

only allowed 1 post on FNMA board is why I am asking here.

[Louie_Louie]

Lots of action on FNMA today. I wanted to get some cheaper. Got my limit order in for about 7k more shares. Something fishy going on.

[stink stack]

Sammy Boy must have shorted the shorts off FMCC today.

[Stockman1010101]

Lets hope its the end of the negative posts.

[Stockman1010101]

Paul Mampilly always says on his youtube videos. Stocks always take a big dip before a major run up. Lets hope his theory holds water here with FNMA & FMCC tanking as they did today. They should run back up from here, if we are lucky.
AMEN!

[trunkmonk]

1 dollar. Down 23c. Wow. The whole market was shorted down today. Bond market rules everything, they move money in mass quantities and they are not paying a premium today.

[Sammy boy]

Happy Hour today, Guys I hope to see you all there!

[Sammy boy]

Lol 😂 I would hold on young man, much cheaper prices coming!

[navycmdr]

Fannie / Freddie Boooooooom !

[Stockman1010101]

10 minutes ago FMCC and FNMA bid/ask prices where the same for 30 seconds. I converted 9000 shares from FMCC to FNMA.
Thank you FMCC buyers and FNMA sellers. You did me a favour.
Have a nice day people.

[Stockman1010101]

so does anyone know what is going on with Fannie and Freddie.

[Stockman1010101]

It should only take 2 weeks once the verdict is read to the public. We have a crooked SOB judge running this show.

[Stockman1010101]

This is all positive so why are we going down 10% in both FNMA and FMCC?

[Stockman1010101]

COMEON LADY STOP SHOWING OFF YOUR PRETTY FACE. WE ALL KNOW WHAT YOU LOOK LIKE.

[Stockman1010101]

LOADING UP OF FMCC & FNMA TIME.
RINSE AND REPEAT, BABY!

[Stockman1010101]

WHY??????????????????????????????????????????????

[Sammy boy]

Believe me now, back under a buck ! They will suck it dry like our oil reserves!

[Louie_Louie]

The goverrnment is like an embedded tick in our Freddie and our Fannie ! Neither party wants to extract itself, why? because ticks like free rides and sucking all their hosts blood. Its not that those in government are affraid of being called out and crucified by Joe public, as they're always saying when it gets to someone asking why isn't Congress/Senate moving on this? it's because the banks in this country control both party's, and you can believe that 100% when it comes to FNF. The banks and the mortgage industry have both co-existed and cooperated with each other to make the government imprison the twins. They pull the strings of those Congress and Senate people with their lobbyists and campaign bribes. The government keeps to their talking point and says the taxpayer would give them hell if they released, which is beyond a big joke because only about .00001% of tasxpayers know what this is about or are invested in it. Governement doing what it does best, being a lying tick.

[navycmdr]

Mortgage Rates Move Lower -

Freddie Mac - Thu, Jun 20, 2024,



MCLEAN, Va., June 20, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.87 percent.

“Mortgage rates fell for the third straight week following signs of cooling inflation and market expectations of a future Fed rate cut,” said Sam Khater, Freddie Mac’s Chief Economist. “These lower mortgage rates coupled with the gradually improving housing supply bodes well for the housing market. Aspiring homeowners should remember it’s important to shop around for the best mortgage rate as they can vary widely between lenders.”

News Facts

--- The 30-year FRM averaged 6.87 percent as of June 20, 2024, down from last week when it averaged 6.95 percent. A year ago at this time, the 30-year FRM averaged 6.67 percent.

--- The 15-year FRM averaged 6.13 percent, down from last week when it averaged 6.17 percent. A year ago at this time, the 15-year FRM averaged 6.03 percent.

--- The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. For more information, view our Frequently Asked Questions.

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 | Twitter | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT:
Chad Wandler
[phone]
[e-mail]

[QueenVic]

Check out this article: https://stock-spy.com/app/quote/FMCC?articleURL=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Fmortgage-rates-move-lower-160000652.html%3F.tsrc%3Drss&title=Mortgage+Rates+Move+Lower

[Sammy boy]

How long does a FKing 8-0 verdict take to finalize ? I wish the trial was in Manhattan !

[TRUSTUNITS1000000]

Sell me 0.0001 lol kidding

[TRUSTUNITS1000000]

Any flippers who timed it well, would have made a lot of money

[TRUSTUNITS1000000]

Could this be the end

[TRUSTUNITS1000000]

Had a nice run

[Sammy boy]

Not looking good ! Sickening !

[Sammy boy]

Where’s Joey D Bull? I miss that pumper!

[Sammy boy]

How we doing today team ?

[mrfence]

It's about time to pick a new FIGHT and demand $5.55 per FMCC share in damages.

[mrfence]

Nahhh, more like profit taking by short timers now that it's trading sideways after months of steady stair steps up. That, and possibly some confusion about the NYSE delisting of the preferred issue. Watch commons run again after July 1st when peeps figure out that had nothing to do with common ownership issues.

[mrfence]

The $1 minimum is for NYSE traded issues. We only have to maintain $0.01 to remain on the OTC top tier.

[mrfence]

It means you can request your certs and auction them on Ebay, LOL!

[trunkmonk]

thats an easy one, they have a buyer who wants them cheap, and looking for a sucker to sell into pull back, which was created by them in the first place.

[trunkmonk]

If you get a call from a broker asking you to sell them your shares, put a sell order in for 100 dolla, they are asking for their MMs who have a buyer or they want to loan to a short position. either way, deprive them, tell them to buy yours at 100.

[mrfence]

They can only ask, or advise.

[mrfence]

I suspect any Broker Dealer doing that is short/sold naked shares/carrying FTD's (failure to deliver) and concerned the next run up will cost them dearly. My brokers call me rarely to never but the few times they have over the years I've politely explained that I pay them to execute my orders as opposed to their free advice.

[QueenVic]

..."My broker called me to sell my FNMA and FMCC"...
-CatTurd

(Uh, yeah, just like those TPS reports from office space)
Must be needing attention or spends money on a financial advisor? Weird.