I think what helps is that if Treasury doesn’t do this in the near term, we might be in a recession. Who wants to do an IPO type of offering in the middle of a recession?

Yield curve negative = recession/correction. Treasury needs big loans following trumps tax cuts. We should be prime for warrants being exercised

Yeah...I was quick to trust the poster, but then realized that video has no date, then read ‘do you know Jesus?’ At the top, and saw some related videos that were old...gonna update my previous post

Fake old news.

Why do you think that is? I think Mm manipulation is part of it, but def not the whole story. There must’ve been a leak and someone is getting out/shorting big time. I hope the info they had is wrong, and the market is overreacting.

This is ridiculous. We’re very profitable, highly efficient (most profit per employee), and provide a benefit to the community called 30 year loans. Wtf are we still in conservatorship?

“As of now it is not clear exactly how Congress will address the Fannie Mae losses. Fannie Mae was not available for comment.”

Lol it looks like our time has come? Wtf are you talking about? Also, what do you mean “our” your obviously not a long

Price direction reversal will happen suddenly, without a warning. I think you gotta enter at a price you feel comfortable that will give you a gain based on your expected outcome. Pps looks like a better deal every day...until the next day.

I can’t even look at my brokerage accounts. Is it time to sell, or to double down? Maybe buy another 20% in P’s?

So...it’s almost the end of the month, was there an actual transfer of funds from the Treasury?

Im down quite a bit too, thinking of doubling down anyone? I’m pondering with buying 20k more of Fannie. If I buy more shares tho, they’ll be preferred/common 50/50 ratio.

Why have preferred’s gone lower too tho? Weird that for once the rotation comments were right

Lol 40$ + is unrealistic, even by ackmans latest interviews he puts it mid teena

You say that now, but if the pps steadily rose to 5 over the next couple of months, would you hold so fast it’d make your head spin?

You’d become wealthy with if 5% of your portfolio goes up 10x? That would mean a 45% total increase in your portfolio. A nice return, but it wouldn’t move the needle in terms of becoming wealthy

Sure hope you’re right navy. Having to wait a couple years to get your money back is not a short period of time

Time to cut losses? This is not a market overreaction, looks more like a sustained correction of stock price. I made several k’s trading the up/down volatility while holding about 70% long, but those gains have evaporated and then some with this trend.

Good investors always have an entry and exit strategies. It’s the perpetual notion of ‘now at THIS price it has to go up’ that keeps most people in.

Brief rant

If information (or misinformation) affects C why not have it here too? We have as much people pumping fnma as we do beating it.

If Moelis is implemented, their estimates put the common share price near 1.9 short term, 8 (I believe) medium term

This stock really tests patience and commitment...or sanity

Yes, any resolution that benefits common should benefit preferred as well

I thought LK had tweeted that recently initially, that tweet is 3 years ago. Still good to know he agrees with Josh’s viewpoint

Did you listen to the audio from his podcast? He starts off against govt being part of private sectors but then favors a utility model and agrees that shareholders got screwed and that they have to be compensated before new private is inserted into the companies

Kudlow differs from Mnuchin or other players in that he has specifically mentioned shareholders and been sympathetic to our cause, to make sure the private capital can flow back to FnF if not for anything else

There are many possibilities, No one can claim to know the exact answer, but it could be that:

1. Moelis-like restructure is the consensus on the for commons. Would explain why prefds havent gone down as much

2. Big investor unloading a position, affects the short-medium term pps. Doesn’t affect the outcome (them buying into the stock hasn’t resolved anything either)

3. MM manipulation. After all, these are OTC, so we’re subject to that until solid news are announced

4. Many others

I don’t see how you can keep a company thats needs capital raised by erasing previous shareholders. That’s telling people invest on a company where I can take all equity at any point I see fit. This is not to say we won’t get diluted a fair amount, but I think worst case is something close to Moelis where the estimated share price is high than the current pps.

So before Mnuchin was saying ‘Out of govt control’—repeating the same line over and over, now it’s ‘restructured’. At least this is another confirmation they are not going away...

I could use a 40% day. Or 20%. Or any positive number.

Was there an actual transfer of funds? As bradford mentioned, freddie didnt really need to, and depending on fannies business this first quarter, they might not need to either

0 would be a great buying opportunity

Someone that finds it profitable at the price being sold, if there’s no one then the price of the loan goes down, just like any other instrument

Your loan gets sold

So a landlord will do a lease this big if they thought there was a big chance of having to lease again shortly? I don’t think so. They might have put it into the lease, but if they expected receivership they wouldnt have done the lease

We have totake the investor news with a grain of salt though. For commons, We did have a major investor come in late last year (Capital Research and Management) and we felt it in the short term pos, but it didn’t affect or produce any resolution. So a big investor leaving might bring the pps lower short term, but have no effect long term.

Either way we should see soon

Some good news?

The companies being allowed to retain capital

Senators leading the way to eliminating the companies retiring

Draw request due to tax changes being lower than expected

Mel watt calling for a utility model

Mnuchin saying he ‘wouldn’t go that far’ as to eliminating the gse’s at the wsj ceo conference

What worries me is that in spite of every single one of those news, the stock has gone down

A bit torn: on one hand, Yesterday’s ‘conference’ confirmed that Mnuchin is not ending the gse’s: the panel was trying to ‘convince someone that outranks him’ to end them; i’ve not heard trump tout any ideas around housing, so i’m assuming his rethoric would be the same: ‘we’re going to get housing to its best condition EVER’ with no concrete plan, and then rely on Mnuchin to figure out what to do.

But the current pps...

Either MMs are having a field day (year so far) or some big investor knows something we don’t and is dumping this day after day...

Yeah, I’m beginning to think key players didn’t have a solid solution in place, and only the blueprint that gets repeated time and time again “maintain liquidity and don’t put taxpayers at risk”

Does anyone have info on what her position is on housing reform?

Hensarling saying that the GSEs cant pay its bills lol. Is there any logic to it?

http://www.washingtonexaminer.com/jeb-hensarling-rips-fannie-maes-request-for-a-37-billion-bailout/article/2649108

Rules Don’t Apply...certainly thats the case with FnF as well

Funny (or at the end maybe ironic) that on the only movie where mnuchin acted, us courts ruled in favor of the minority shareholders.

3% return in one day!