Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Who can find the news? sumthin going on!!!
I'm still here. It's hard to see me... I'm under water a little bit.
When people are cryn is time to be buyin. Just got another 2500. WEEEEE!!!
"I seriously doubt investors would want to take a chance on such a long-term investment -- particularly one so interest-rate sensitive."
I wonder if BO missed this class at the Community Organizing School? No one in the real world would invest huge amounts of money with such small returns ...even today. We all know rates will go up over the years and to have your money tied up at these rates for 30 years would be absurd.
I doubt he would take his money and invest it in financing other people's houses. Did I ever say BO stinks?
Modest Hind Sight, don't forget about those holding from 50 cents.
"Speech"???? BO could work for a company reading books for those who buy books on tape. He is one of the best book readers alive.
Now when it comes to running a business NOT SO MUCH. He tried to put money into a loosing venture at AONE to make it grow. Everyone knows if a business is not profitable no matter how much money you throw at it the company will fail.
Now he is wanting to shut down a profitable company FMCC just to show his muscle. Goes to show you he isn't the brightest bulb in the trash pile.
a bunch of MOMO players from a couple of days ago. After 2 today they should have their accounts straightened up. Looking forward to a possible end of the day run if I am correct.
Blue, You and I think the same I gt these as well at 1.37.
Pumpin and buyin.
Filled Buy 2402 FMCC Limit 1.37 -- -- 11:07:21 08/09/13
Well it has upticked and gone up since my post. Yea I am pumping and buying that is why it is going up. Thanks !
Looks like people are getting tired of selling. Now we need them to get the urge to buy.
Bid
1.36Ask
1.37B/A Size
177200x33000High
1.43Low
1.36Volume
3,240,232
What company or Companies have enough cash to lend to all these people who want affordable homes? And BTW, What does financing have to do with affordable? If it is left completely to the private sector the interest rates will go up. How is this affordable?
Maybe BO needs to get with Ayers and others he brainstormed with in the past and come up with a viable solution to get rid of F&F. He could go to HI and smoke some more dope with his brainstormers. I hear they have some good stuff.
Anyone want to bid 1.39???????????
Bids building:
1.39Ask
1.40B/A Size
156400x94100High
1.43Low
1.39Volume
771,094
No gap up today. Did I say I hate Gap ups ??? They usually close red. Now we have a flat open. Good chance for Green today. Fingers crossed.
I would get another trading platform if I were you. The line up is 1.39Ask 1.40 bid 400x200 .
"FNMA bid/ask: .22 & .35 respectively and of course FMCC shows no bid/ask. OOPS! Too bad investors won't. "
This is why I hate huge Gap ups. It takes forever to close the Gap. Good news is we are getting close. Anyone have the line up at 1.42??
Looks like the chase is beginning!!!!Market orders please.
Any Guesses when this will uptick?? Well that was quick!!! LOL a head fake.
Any Guesses when this will uptick??
Actually pulling way back. This is good. To much of a gap up usually is hard to hold. Slow and steady climb...Churn Churn Churn makes for a strong leg up.
WEEEEE!!!!!
Okay now that WEEEEE Makes me feel good.
Let's hope big money comes in and gets 100,000 blocks and then we will be GOOOOOOD.
Modest Hind Sight, Why would anyone, with half a brain, shut down a company that was bailed out by the Govt. They are making payments to pay the bailout back to the citizens. Do you believe BO is so dumb as to say Yup, I know they are paying us back But, I think we should shut them down and just write off those billions they are going to pay us back.
This BS about Govt. Guaranteed anything doesn't hold water with this administration. They put their fingers into GM. If they want to bail someone out or not they will. It is not up to us to decide ...BO knows what is best for us.LOLOLOL
Oh isn't that Nancy Poloci's home turf? That tells it all.
Barney and Nancy have made a mess of the theory "everyone gets a trophy here in the US"
BO wants to change FMC and 458 other things about our great country to fundamentally change it. I say leave FMCC alone and go to his homeland and change things back there. His Dad was working on change and he should continue in his foot steps. FWIW, I believe they need more change than the best country in the world does.
JMO, If you don't like the way things are run around here why not go to some other country that has a better setup.
WEEEEEEE!!!!!
I thought I would feel good if I posted that but, nothing happened. Still feeling crummy ...me and my FMCC.
That explains why the POP I thought was happening is now something related to a poop.
Is there new news? This thing is popping for some reason.
Looks like some big money thinks this is going up!!!
Yea, Thanks BO for all you do. BO you could place some of the blame on Barney Frank for the mess you are blaming on banks and such. He wanted everyone to have a house even if they didn't have the funds. Kinda like everyone gets a trophy at the end of the season.
Crazy amount of Churning going on. High Volume and the price stays the same.
As one great polititian once said, "BO sure knows how to pick them." Well he thought AONEQ would be big and it was a bust. Now he is trying to bust this? Maybe it will go the other direction.
I don't know how BO could sell anything involving Billions at this time to anyone. I would think he would be happy with this turning around and the system starting to work again.
What is Going On??
time for the next leg uppppp!!!
I can't wait till the buyers get back from lunch here at 1:00.
10 bucks is just a third of what it has been in the past. I think if they get back to where they were you are short changing yourself.
This will take some time but the rewards could be huge from here.
Market Orders....WEEEEEEE!
Good news is something they hold down.
Freddie Mac Announces 50th Multifamily Securities Offering Since 2009, Series K-031
10:23a ET August 5, 2013 (Market Wire) Freddie Mac (OTCQB: FMCC) today announced its 50th offering of multifamily mortgage-backed Structured Pass-Through Certificates ("K Certificates") since the program began in 2009. To date, the company has sold more than $60 billion in multifamily mortgages for securitization.
"When we introduced our K-Deal offerings in 2009, our goal was to make it a scalable program with regular issuance," said Mitchell Resnick, vice president of Freddie Mac Multifamily Loan Pricing and Securitization. "We've achieved that goal and at the same time reduce credit exposure by transferring the riskiest portion of the structure to private capital markets investors."
Resnick added, "Throughout the program's history, investor demand has been solid, enabling us to become one of the largest U.S. issuers of CMBS. We've steadily increased our securitized loan volume every year from $2 billion in 2009 to $21 billion in 2012, and more than $19 billion so far this year. We look forward to continuing to build the program."
Annual securitized loan volume 2009 - $2.1 billion 2010 - $6.4 billion 2011 - $13.7 billion 2012 - $21.2 billion 2013 - $19.2 billion YTD
K-031 Certificates
With the new offering today, the company expects to issue approximately $1.3 billion in K Certificates (the "K-031 Certificates"), which are expected to price on or about August 8, 2013, and settle on or about August 27, 2013. This is Freddie Mac's thirteenth K Certificate offering this year.
The K-031 Certificates are backed by 88 recently-originated multifamily mortgages and are guaranteed by Freddie Mac. The K-031 Certificates will be offered to the market by a syndicate of dealers led by Barclays Capital Inc. and J. P. Morgan Securities LLC as co-lead managers and joint bookrunners. CastleOak Securities, L.P., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC will serve as co-managers.
The K-031 Certificates include two senior principal and interest classes, one senior interest only class and one junior interest only class. Moody's Investors Service, Inc. and Morningstar Credit Ratings, LLC are rating the three senior classes of K-031 Certificates, which are each expected to receive a rating of "Aaa(sf)" and "AAA," respectively, subject to ongoing monitoring.
Freddie Mac is a leading issuer of agency-guaranteed structured multifamily securities. K Certificates feature a wide range of investor options with stable cash flows and a structured credit enhancement. K-Deals include guaranteed senior principal and interest, and interest only classes.
The preliminary offering circular supplement relating to the K-031 Certificates can be found at http://www.freddiemac.com/mbs/data/k031oc.pdf. A Freddie Mac multifamily investor presentation on the K Certificate deal structure and multifamily loan portfolio performance data is available at FreddieMac.com. Freddie Mac also has an online tool for investors and analysts, Multifamily Securities Investor Access. This is a central database that houses all post-securitization data from Investor Reporting Packages to help investors and analysts monitor K-Deal performance.
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac's Annual Report on Form 10-K for the year ended December 31, 2012, filed with the Securities and Exchange Commission ("SEC") on February 28, 2013; all other reports Freddie Mac filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 ("Exchange Act") since December 31, 2012, excluding any information "furnished" to the SEC on Form 8-K; and all documents that Freddie Mac files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, excluding any information "furnished" to the SEC on Form 8-K.
Freddie Mac's press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements can be found in the company's Annual Report on Form 10-K for the year ended December 31, 2012, and its reports on Form 10-Q and Form 8-K, filed with the SEC and available on the Investor Relations page of the company's Web site at www.FreddieMac.com/investors and the SEC's Web site at www.sec.gov.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four homebuyers and is one of the largest sources of financing for multifamily housing. www.FreddieMac.com. Twitter: @FreddieMac
SOURCE: Freddie Mac
Go ahead and sell your shares here 1.50 and buy them back at 1.54. That will make you happy!!!!
This thing is walking up on low volume and no news. It looks like those who bought too many shares this past few weeks have dumped them. Now stronger hands with the ability to hold are holding the shares. GREEN DAY!!!
Looks like the paint has dried, cracked and the bottom is falling out.
Is the paint dry yet?
I think all the cheerleaders here should buy more. You could average down to almost nothing. Then a run would make you a bazillion dollars.
As for the SEC. I believe they have left this dead fish for bait. My guess is they will do a little digging into who is promoting and dumping the stock during the next run.