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.
AGM is about two time bigger than gses combined.
https://www.fca.gov/farmer-mac-oversight/farmer-mac-financial-data
Attention!! Stop making noise here.
https://www.communitylender.org/agenda/fannie-mae-and-freddie-mac/
There's no date for this article. I believe it is still fresh
Green most of the time, but pps remains the same all week, all Year
Will Fannie and Freddie be halted for relisting right after the verdict.?
The Congressional Budget Office’s baseline includes $43.4 billion in mandatory spending during the FY 2023–FY 2032 period related to subsidies for mortgage loans purchased and securitized by Fannie Mae and Freddie Mac. Ending the conservatorships of Fannie Mae and Freddie Mac would reduce mandatory budget authority by $43.4 billion during the FY 2023–FY 2032 period.
Are you looking for this ?
https://search.yahoo.com/search?p=Fhfa+2022+report+to+congress+&fr=yfp-hrmob&fr2=p%3Afp%2Cm%3Asb&.tsrc=yfp-hrmob&ei=UTF-8&fp=1&toggle=1&cop=mss
Click to download
I opened the file
The name of file is "dra-data-list-difinitions" updated on 06-05-2023.
And in that file , the symbol FNM is used.
The link doesn't work but instead I was able to open the file.
https://singlefamily.fanniemae.com › media › 20361Fannie Mae
A unique Event Code assigned to the event by FNM for Process Insight. (E####) The Business Name associated with the Code assigned to the event by
File was updated 06-05-2023stock symbol is FNM.
Strange!!!
Here is the list of all holders and still holding.
https://www.secform4.com/insider-holders/310522.html
Intangible inferences drive unexpected results in everything extraordinary: ChatGBT came out of nowhere and ignited an entire industry.
The Biden administration will act on GSE reform to exit C-ship because the political incentives are compelling. They can permanently impact change in housing policy. They see the field. GSE holders are closer today than ever.
Notwithstanding Compass Points analysis. Don’t tell me what I know . Tell me what I don’t.
In early before 2008 the dividend was paid from the low $1.xx to the high $2.08. they could deleted from the webpage but they could not delete it from my memory.
For centuries, u.s needed china and china needed u.s.
Now no more. Everything changed. Now Iu.s. is needing Fannie Mae and Freddie Mac so bad in order to replace for the trade between china.
Quiet exiting conservatorship.
By the way, 0.28 dividend seems to be correct and right on target.
Dude ! Pay attention to this content
https://www.nationalmortgagenews.com/news/fhfa-extends-date-for-final-counterparty-requirements
0.28 dividend will not be the final number. It will be higher based on everything.
Public utilities could service the secondary mortgage market in the future and outlast the enterprises which fnma and fmcc are depending on .
I believe the right timeframe to exit conservatorship will be based on the readiness of new public utilities of csp.
Only Common securitization platform (csp) will become a type of public utilities .
Settlement will allow Gfees to go forward.. I see a big settlement ahead
Green today
Scroll to the bottom and click to open
https://www.icba.org/search-results?indexCatalogue=icba-main-search&searchQuery=Gses%20reform&wordsMode=AllWords
Buffet is untouchable.
From 2020 to 2022 ,he sold all positions from all banks.
He knew ahead before every crisis occur from inside information
LEGISLATIVE REFORMS
• Congress should create a catastrophic mortgage insurance fund to be
administered by the FHFA and funded through GSE guaranty fees. The
size of the fund should be determined based on actuarial standards and
should be similar to the FDIC’s Deposit Insurance Fund. The fund would
stand behind the explicit U.S. government guarantee of the GSE MBS.
• Congress should change the GSE corporate charters from the current
government-chartered, shareholder-owned, publicly traded companies,
to regulated financial utilities that are shareholder owned.
ADMINISTRATIVE REFORMS
• FHFA should end the net-worth sweep and, per HERA, require both GSEs
to develop capital restoration plans. These plans would include continued
use of credit risk transfers, provided they meet a targeted economic return
threshold that balances GSE revenue and capital-building needs with
prudent credit risk management standards.
• FHFA should review and approve those capital plans, establish prudent
risk-based capital levels as required by HERA, and set reasonable
timeframes and milestones for achieving re-capitalization goals.
• FHFA should monitor the GSEs’ performance against their respective
plans and release each GSE from conservatorship as they become well
capitalized.
• The GSEs should complete construction of the Common Securitization
Platform and issue their respective MBS from the platform. Ownership and
management of the CSP should remain with the GSEs through the current
LLC structure. Expanding access to the CSP to other entities should be up
to the Common Securitization Solutions LLC board, with final approval by
FHFA.
• Launch of the Uniform Mortgage Backed Security should be deferred until
both GSEs are recapitalized and released from conservatorship.
It can not be wong it will close at $0.55 today.
Fhlbank will issue preferred share at $100. Old jps will become garbage.
Quote "
FHLBanks are uniquely self-capitalizing. To become a member of an FHLBank, financial institutions must purchase stock in the Bank. All shares have a statutory par value of $100. "
https://fhlbanks.com/safety-and-soundness/
Lehman Brothers Inc. was not only an American global financial services firm but Lehman brothers was symbolized as a KING ARTHUR which died during financial crisis in 2008.
FHLBANK is the return of KING ARTHUR. Ipo of FHLBANK will bring The return of KING ARTHUR , then Fannie and Freddie will rise again.
https://corp.fhlbatl.com/who-we-are/investor-relations/
AGM is trading at $133.00 with dividend of $1.10 quarterly.
AGM is known as Federal agricultural mortgage corporation .
AGM was the first government sponsored enterprise before gses of Fannie Mae and Freddie.
Federal Agricultural Mortgage Corporation (FAMC) Functionality
Farmer Mac operates its secondary market activities through four lines of business: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. Farmer Mac’s function within the marketplace is similar to that of other government-sponsored enterprises (GSEs), such as Fannie Mae and Freddie Mac. It purchases retail loans and then repackages them into pools of marketable.
securities. As a secondary market, the Federal Agricultural Mortgage Corporation (FAMC) provides a market for those securities.
Fannie Mae and Freddie Mac are following the same path like AGM.
Washington has too much control over American businesses and individual lives. The justices have been incrementally diminishing federal power but the new case would allow them to take a much broader stride.
https://amp.cnn.com/cnn/2023/05/01/politics/supreme-court-chevron-deference-conservatives-power-of-agencies/index.html
Will Biden exit conservatorship to sell $2.6 trillion stake in mbs for raising debt ceiling?
But to sell $2.6 trillion stake in mbs , we need a booming in affordable housing in primary mortgage market.
This is now what is happening.
High inflation!
Fearing of recession!
Svb crisis isn't over yet!
Can government afford to default again just like in 2011 ?