FNF - $100B + cash equity
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.
Very easy and safe solution, thanks Rodney for pointing that out.
The whole NYSE now knows and is aware of ST and mainstream housing
Watch for articles to start hitting the wire amongst other things lol
Let’s just say, there has to be a reason for teasing.
It’s just a matter of time..
DJT owns Fannie bonds, no?
WWIII …houses will be lost which will make inventory less and more expensive meaning more profit for the twins
My group is considering lawsuits against FHFA
We’ll see.
ARCA has 100k @ $270 every day pre market. Raja has it at $100 fwiw lol
Frankfurt?
My head hurts 🤯
Welcome, no worries.
Patswill has been right all along.
If you’re questioning it, then no.
Yeah, if it ain’t broken..
Trump just said they dropped the case there is no crime. Election interference.
Happy shareholders?
Lol
Why are you assuming a price drop and does it really matter at this point?
Secondly, the appeal would need two out of three judges to agree whether it be in favour of either plaintiff or defendant. Successful appeals have low percentage of success so having said that I highly doubt appeal is successful for either party other than the adjustment of damages payable, however is also highly unlikely.
Cheers.
Appeal could backfire you know that right?
Stupid question lol
How?
By adding Fannie to DOW30
Works for me thank you
Thank you sir 🫠
ITEMS OF INTEREST IN QUICK REVIEW OF FREDDIE 10K:
PAGE 119
The Purchase Agreement also requires us to comply with the ERCF as published in December 2020,
disregarding any subsequent amendment or other modification to that rule.
PAGE 31
We monitor the costs and benefits provided by the CRT coverage we have obtained on a regular basis, including the impact of
CRT on our capital requirements under the ERCF. We may periodically terminate certain CRT transactions, through the exercise
of contractual call options, repurchases of outstanding securities, or other means, if we determine prior to contractual maturity
that they are no longer economically sensible.
PAGE 103 (LOOK AT IT AFTER WRITE DOWN OF SPSP, $12 BILLION TO GO)
CET1 capital 45
Good info thanks!
Our government seem to be mini Putin’s under the mask and internally like wannabe tough guys.
Onçe the right thing has to be done though they end up folding and are not as crazy as those across the pond lol
2023 Financial Results
Freddie Mac reported net income of $10.5 billion for full-year 2023, an increase of 13% year-over-year, primarily driven by a credit reserve release in Single-Family in 2023 compared to a credit reserve build in Single-Family in 2022, partially offset by higher non-interest expense.
Net revenues were $21.2 billion for full-year 2023, down slightly year-over-year, as higher net interest income was offset by lower non-interest income. Net interest income for full-year 2023 was $18.5 billion, up 3% year-over-year, primarily driven by higher investments net interest income as a result of higher short-term interest rates, partially offset by lower deferred fee income due to slower mortgage prepayment activity. Non-interest income was $2.7 billion for full-year 2023, down 18% year-over-year, as the prior year period included spread-related gains on commitments to hedge the Single-Family securitization pipeline that did not recur in 2023.
..assuming duh
yesterday was said rship and cship were same thing lol
what next lol
😳 it’s coming, BIG BIG BIG
$16 dollars eps and we’re still not even at 10 bucks, lol.
Would you rather own a company that loses money?
There are lots of them out there, lol.
They can convert to common lol
They not allowed while in cship, FHFA calls the shots while Fnma pays them lol
Makes no sense, is FHFA some sort of AI, while the actual employees of Fnma all dummies?
Hahahahahahaha…nice try.
Firstly, stock options and warrants are two completely different things lol
I leave the rest to you lol
Some have been holding 25 years and have been completely devastated and crushed while relying on dividend income to survive.
So sad, hopefully the BOD’s take care of the stakeholders once this stupid Conservatorship is laid to rest.
The damages including pain and suffering is enormous. Can’t wait to see what will be brought to the table for us Common folk to vote on.
A $220B loss on something you don’t own? lol
Okay, that’s it, I’m filing a claim on my taxes for $300m for failing to buy Nvidia when it was 5 bucks a share.
I lost $300m
Sticky
Imagine if Netflix or Microsoft tried issuing warrants at 20,000% less than 10 day average of share price - what they should have done, lol.
Yeah, let’s just self deal warrants to ourselves at .08 cents while the stock trades $400 +
There’s a reason the warrants have not been exercised 16 years later
There isn’t one and never will be
If you were collecting $185k paycheck doing nothing you’d play dumb and keep your mouth shut too
How is it a loss if you don’t actually own it to lose it?
I’ll await a response lol
Thanks for reminding me!!
Sometimes during these dark days of Conservatorship we tend to forget what we own and the truly amazing value these companies have.