It definitely can't go down 20, but it will eventually go up >20.

This section of that document is disturbing -
Conservatorship and Board Authorities
On September 6, 2008, the Director of FHFA appointed FHFA as our conservator in accordance with the GSE Act. As
conservator, FHFA succeeded to all rights, titles, powers and privileges of Fannie Mae, and of any shareholder, officer
or director of Fannie Mae with respect to Fannie Mae and its assets. As a result, our Board of Directors no longer had
the power or duty to manage, direct or oversee our business and affairs.
As conservator, FHFA reconstituted our Board of Directors and provided the Board with specified functions and
authorities. Our directors serve on behalf of the conservator and exercise their authority as directed by and with the
approval, where required, of the conservator. Our directors owe their fiduciary duties of care and loyalty solely to the
conservator. Thus, while we are in conservatorship, the Board has no fiduciary duties to the company or its
stockholders.

AP, WSJ and CNN have always been far left. They just increased their lies in the last 10 years. All to fit political and social narratives.

The Motley Fool hates Fannie and Freddie. They always downplay anything good.

Typical racist media trying to divide with BS narrative. Should we be mad at Asians for having the most expensive homes? Everyone is a victim nowadays. If only the media would call attention to real issues like the government thefts of Fannie and Freddie.

The disturbing thing about the SCOTUS decision is that their excuse pretty much negates the reason to have a Supreme Court. Rights are more important when times are tough.

Wow, when is the last time we had a >20 million volume day.

Is the $300 Billion to pay us back for the theft of Fannie and Freddie?

Is this new?

FNMA is down .04 this morning on 211 shares traded and FMCC is down on 311 shares traded. Is that some kind of signal?

Another way to look at it is that Biden needs to do something good and at this point housing is the only thing he has left. He's looking for a smoke screen...as we've seen with the stimulus deal and vaccine mandates.

I'm old enough to remember when this would have skyrocketed on the mention of a lower capital requirement.

This all scares the shit out of me. Talk me off the ledge.

Didn't SCOTUS say that (paraphrasing) they didn't have to rule on the NWS aspect since the GSE's are retaining all of their earnings?

https://rismedia.com/2021/09/08/what-next-fannie-freddie/comment-page-1/?unapproved=214558&moderation-hash=a292fcb81b8a9bd180232faf8a111556#comment-214558
I responded to the stupidity, but I doubt they'll accept the truth.
Response -
Your comment is awaiting moderation.
Hey Ken, why don’t you tell the whole story? Bill Clinton made Fannie and Freddie take on the subprime loans that you mentioned. That’s a pretty important point. The Gov’t screwed it up and then acted like they were the saviors. Here we are 13 years later and the Gov’t took the bailout money back plus over $100 Billion. Pretty good deal for the Gov’t.
Fannie and Freddie were Nationalized and we as Americans would be upset if China did this to private companies, but we let our own Gov’t do it and then media hacks tell half truths so that the theft can continue.
I know that you know these things, but like most in the media you keep facts out. Just know that when you do that you are in fact lying.

Why the hostility?
Btw - I care Navy….keep them coming.

That's soo dumb. Go away.

https://careers.freddiemac.com/us/en/job/JR2254//https://d.hodes.com/r/tp2?e=se&tv=pixel_tracker&p=web&aid=freddiemac&se_ca=misc&se_ac=click&se_la=19309&u=https%3A%2F%2Fcareers.freddiemac.com%2Fus%2Fen%2Fsearch-results%3Futm_source%3Dwashingtonpost%26utm_campaign%3Dnull%26utm_medium%3Dmcloud-misctags%26utm_term%3D19309_Bronze%2520Level%2520Featured%2520Employer%2520%252B%252029%2520online%2520job%2520postings%5Bd.hodes.com%5D

Check out the qualifications - very interesting!

It's a Crazy Eddie sale. It was a good deal $2.50....it's a great deal at $.98!

That's soo dumb.

With that logic, SCOTUS would have ruled in our favor.

It's good to know that others believe in this. I'm down big but I bought more. I pray that justice prevails and the good guys win.

100%. The tone of SCOTUS did a 180 from argument to opinion. Someone got to them in between.

Do you remember when Calabria began his role and came right out of the gate and said that he'll have them released in no time (paraphrasing) and then a couple of days later he recanted? Someone got to him in the beginning and he conformed to the swamp ever since.

https://finance.yahoo.com/news/barriers-gse-reform-homeownership-among-185933203.html

Interesting that this story isn't demonizing the GSE's or the evil hedge funds. Maybe they're coming around.

Thanks to Bill Clinton for making Fannie and Freddie take on Sh*tty loans. That's the fact!

Wow...my sentiments exactly. It's a pretty scary place we're in as a country. I would love to know what conversations took place between this administration and SCOTUS over the last 6 months.

Sorry but they are two different things. One is using the system to your benefit (Republicans) and the other is changing the system to benefit themselves (Democrats).

I agree. That judgement doesn't make any sense.

I pretty much have to pay for everything, which is what would happen with ACA but UHC is 1/3 the price. They all suck but being forced into an unaffordable plan sucks worse.

That's weird since it would cost me (for a family 5) $1,500 with a $15,000 deductible. I chose UHC for $500 per/m but could only keep private insurance for 6 months in a blue state. I moved to a red state and now I can keep UHC and don't have to move to ACA. Funny how the media doesn't talk about the fact that blue states force you to go on ACA which is not affordable for many of us. Obamacare is a great example of the failures of socialism.

Until Thursday and then it either skyrockets or drops a bit waiting for the next opinion day announcement.

You hit the nail on the head - the great reset.

It's scary that you even had to define court packing for people. It proves that there are morons out there that listen to the mainstream media and believe what they say. Unbelievable!

True story. Which is why Mnuchin isn’t leaving to Joe, no matter what the hacks in the media say.

Poor TDS victim. Stick to the topic at hand (FNMA)...especially since you suck at facts.

Dunce Waters just brought up the GSE's. Mnuchin will have to respond.

This is an awesome post - Thanks!

Capital restoration sounds good...especially if it's in one big lump sum

These people have allegedly been working on the release for years. So much fake news spewing out over this.