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Big Money Are Selling Federal National Mortgage Association Fannie Mae (FNMA), Sentiment at 1.67
https://kreviewer.com/2019/01/10/big-money-are-selling-federal-national-mortgage-association-fannie-mae-fnma-sentiment-at-1-67/
it looks like same as yesterday
Comforting to know where the admin stands
#fanniegate "I think the GSEs can be commended for the way they have repositioned their business models and the way they are serving the market.”-Otting
— Fred Hamm (@hamchuansing) January 11, 2019
Comforting to know where the admin stands re the "failed business model" narrative. "Repositioned" a synonym for reformed?
Babe In The Woods_Fannie Mae $FNMA To Announce Open Market Share Buy Back Program Early Next Week
this was posted last week in the following website:\
https://rumormurmursbuzz.blogspot.com/2018/12/babe-in-woodsfannie-mae-fnma-to.html
rumormurmursbuzz. The market action looks like it is conforming this rumor. any body has any idea.
Any body has idea if DJT will address getting the funds for the wall through through the GSE means, i means ending the C-ship and selling the warrant to the hedgee for the wall fund. I believe a lot investors are eagerly waiting to hear that.
I believe these are the same people who drepressed it last couple of months. They have amazing control over price!
Here’s a Fannie-Freddie fix proposal that greases the skids for Congress
As a new Congress settles into Washington, there’s some very old business lurking that’s not likely to grab its attention any time soon.
Fannie Mae and Freddie Mac, the two giant mortgage guarantors, are still under government control, as they have been since the 2008 financial crisis. And despite passing all kinds of milestones since that time – the 10-year anniversary of the crisis, the first post-crisis taxpayer bailout – Congress has come no closer to finding a permanent fix for the nation’s housing finance system.
Now, a new paper suggests that’s okay. It’s better to leave Fannie FNMA, +10.49% and Freddie FMCC, +10.99% in conservatorship, a structure that’s worked surprisingly well, its authors argue, while Congress works to find a permanent structure for housing finance that won’t replicate the problems that helped get the enterprises into the financial jam in the first place.
That contrasts with many previous reform proposals, which advocate getting the responsibility for the enterprises away from taxpayers as quickly as possible, especially as the long economic expansion seems more and more likely to come to an end.
The paper, released Tuesday by the Milken Institute Center for Financial Markets, proposes “administrative actions,” meaning those that can be accomplished by the Treasury Department and the head of Fannie and Freddie’s regulator, to make Congress’ job easier, if legislators ever do decide to address housing reform. The administrative fix idea has caught on recently, as the regulator role has passed to someone most housing observers believe will work well with Treasury Secretary Steven Mnuchin.
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“Administrative measures can address many of the stumbling blocks to legislative action and thereby set the stage for further reform that includes changes to the GSE charters,” the authors note.
Among the steps the authors propose are reviewing how much capital Fannie and Freddie should hold, via another public comment process. They also suggest completing initial work that’s been done to unify the process by which Fannie and Freddie each take the mortgages that they buy and package them for bond investors. That may sound wonky, but many housing observers think it’s a crucial step for moving toward a single, utility-like entity that underpins the housing finance system, rather than leaving it to two corporations competing recklessly with each other for the biggest share of business.
Read: Congress wouldn’t do it, so Fannie and Freddie reformed themselves
More controversially, the two enterprises should be allowed to hold the capital they produce, rather than remitting it to the Treasury Department. That’s a step that seems obvious – no company can operate indefinitely by sweeping all its profits to another entity – but the current system has clearly worked well enough for taxpayers that the government hasn’t hustled to change it.
Those ideas have been discussed by housing finance participants for years, with varying degrees of support. The authors propose a few newer ones, including making fees that the GSEs charge to lenders more closely tied to how risky the mortgages are. Right now, the authors write, low-risk borrowers pay higher fees in order to help subsidize the broader housing market. But this leads to “adverse selection” for Fannie and Freddie, as loans from lower-risk borrowers wind up being bought by private investors or retained by banks. (It should be noted that the performance of mortgages bought in conservatorship has been stellar.)
The enterprises’ footprint should also be “tailored,” the authors say, to no longer include things like cash-out refinances and second-home financing. “The private sector can provide loan products for these purposes, subject to applicable guardrails and consumer protections,” they wrote. “There is no need for a government guarantee with the concomitant taxpayer risk for an activity that does not further the societal goal of affordable homeownership.”
That’s an idea that’s made the rounds recently in Washington as something that would gain support from both parties. Liberals like the idea of keeping Fannie and Freddie’s focus on affordable homeownership for all, while conservatives prefer that the private sector take over as much of their work as possible.
Also read: House prices have surged, and so will the government’s mortgage obligations
https://www.marketwatch.com/story/heres-a-fannie-freddie-fix-proposal-that-greases-the-skids-for-congress-2019-01-08
No problem. You sell your share and i have my cash sitting in my etrade. I will gobble it up right way.
all we need a join conference between otting and SM
just a cnbc broadcast. Because there are no recent broadcast recentlty related to NWS reversal. He seems like a reliable expert that the cnbc seeks for opinion.
Top 10 Owners of Federal National Mortgage Association as of jan 03, 2019
https://money.cnn.com/quote/shareholders/shareholders.html?symb=FNMA&subView=institutional
Two major development in fnma in this week, in case you are new to this board. These are following:
First:
50 stocks to watch for 2019 and fnma is the number fifteenth of them.
https://www.bloomberg.com/features/companies-to-watch-2019/?utm_content=business&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter
Second:
Smith: Fannie Mae is Top Long pick. on 1:56 minutes.
fnma and fmcc is going to be recapitalize shortly. NWS is going to be reversed.
follow on 1:40 minitues
https://www.cnbc.com/video/2019/01/01/expect-good-sp-earnings-through-2019-says-investor.html
Hi I have some reservation on this post. High ranking Government official are not allowed go out here, and make a post that involve the government entity such as fnma or fmcc. This must be a fake identity or some sort or some one is impersonating as Joseph Otting.
Two major development in fnma, in case you are new to this board. These are following:
First:
50 stocks to watch for 2019 and fnma is fifteen of them.
https://www.bloomberg.com/features/companies-to-watch-2019/?utm_content=business&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter
Second:
Smith: Fannie Mae is Top Long pick. on 1:56 minutes.
fnma and fmcc is going to be recapitalize shortly. NWS is going to be reversed.
follow on 1:40 minitues
https://twitter.com/hashtag/fanniegate?vertical=news
follow on 1:40m
https://twitter.com/hashtag/fanniegate?vertical=news
NWS is going to be reversed very shortly
1:56 Minutes
https://finance.yahoo.com/quote/FNMA?p=FNMA&.tsrc=fin-srch
CNBC
Smith: Fannie Mae is Top Long pick.
fnma and fmcc is going to be recapitalize shortly
on 1:56 minutes.
https://finance.yahoo.com/quote/FNMA?p=FNMA&.tsrc=fin-srch
50 Companies to watch in 2019 and fnma is top fifteen of them
https://www.bloomberg.com/features/companies-to-watch-2019/?utm_content=business&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter
50 Companies to Watch in 2019
Key court rulings are expected in 2019 concerning the constitutionality of directing Fannie’s and Freddie Mac’s profits to the Department of the Treasury, as well as the structure of the Federal Housing Finance Agency. The companies’ post-financial crisis reforms, including risk transfers to private investors, smaller balance sheets, and a new uniform mortgage-backed security, may give the Trump administration the ammunition to argue for returning the companies to private ownership. A downturn in housing markets would test the resilience of the government-sponsored enterprises and disrupt the push for?privatization. *Note: Total assets and 12-month sales data are combined Fannie/Freddie figures; 1-year total return is an average of the two.
*Note: Total assets and 12-month sales data are combined Fannie/Freddie figures; 1-year total return is an average of the two.
Est. sales growth Est. EPS growth Total assets 12–month sales 1–year total return Female board membership
N/M N/M $5.30T $195.00B -58.5% 25%
https://www.bloomberg.com/features/companies-to-watch-2019/?utm_content=business&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter
Trump’s nominee to oversee Fannie Mae and Freddie Mac could provoke a needed discussion
Highlights:
In any case, there are bigger threats on the horizon: Wall Street investors who own the two entities’ depressed stock continue to agitate for a form of privatization that would restore Fannie and Freddie to the pre-crisis status quo, in which stockholders absorbed all the profits and taxpayers were on the hook for excessive risk-taking.
From the Trump administration, the Calabria nomination is a provocative move, but if it provokes serious discussion about the most important unfinished business of the financial crisis, it may prove to be a positive move as well.
https://www.washingtonpost.com/opinions/trumps-nominee-to-oversee-fannie-mae-and-freddie-mac-could-provoke-a-needed-discussion/2019/01/01/f3d2229e-fe4e-11e8-862a-b6a6f3ce8199_story.html?noredirect=on&utm_term=.9ab36d4302f6
These Were The 10 Most Actively Traded OTCQX and OTCQB Securities In November
Company Country November Volume ($)
Fannie Mae (OTCQB: FNMAS) USA $200,655,061
CV Sciences, Inc. (OTCQB: CVSI) USA $196,165,693
Freddie Mac (OTCQB: FMCKJ) USA $141,120,588
Fannie Mae (OTCQB: FNMA) USA $95,543,676
Freddie Mac (OTCQB: FMCC) USA $71,715,006
https://finance.yahoo.com/news/were-10-most-actively-traded-185003778.html
the incoming FHFA Director also said NWS is illegal and share holder rights need be preserved.
I know back in 2013 when fnma first disclosed their profitability, stock price started to sky rocketing. Then Sen. Corker introduce bill names as corker Warner bill to wind down the fnma to contain the stock price. Talking receivership reminds me same fruitless rhetoric. You know it is not going to happen.
Do you think treasury is going to start sending letter to every creditor including chinese and saudi security holder who are the biggest purchaser of those security and inviting them so that they can take their money back?
receivership is not a phenomena. fnma is in good standing. As a custodian, it is the job of fhfa to make the company sound and healthy which is the current status of fnma. They paid the bailout money and 54 some billion extra. receivership question only cropped up if the company is not financially viable and congress need to approve that. receivership is dissolving the company and full fill the financial liability of the creditor. That include all the mortgage that was purchased from the bank and packaged into security. and payment of those security to the holder. This is absolute a ludicrous idea with the current standing of the fnma.
there are only 3,384,158 share traded out of a billion share. that is less than .01% of the total volume. You can not call it traders are dumping common. It is few bad apple out there who are manipulating. Taking advantages of low volume. Do not worry. When the storm comes, they will be sweep away.
december 2017 dropped 10.36%
december 2016 dropped 10.80%
december 2015 dropped 21.73%
december 2014 dropped 14.81%
december 2013 gained 16.30% (first year to announce fnma's profitability after conservatorship)
december 2012 dropped 6.27%
december 2011 gained 1%
Otting can end the netsweep agreement. That is enough for Munichin
only for 2,847,647 shares out of a billion? That is a pure BS.
Date Close High Low Volume Short Volume % of Vol Shorted
Dec 21 NA NA NA 3,383,205 1,162,752 34.37
Dec 20 NA NA NA 4,053,517 1,399,398 34.52
Dec 19 NA NA NA 11,904,118 4,014,168 33.72
Dec 18 NA NA NA 9,283,150 2,523,859 27.19
Dec 17 NA NA NA 2,730,891 578,025 21.17
Dec 14 NA NA NA 1,693,398 697,525 41.19
Dec 13 NA NA NA 1,554,453 445,393 28.65
Dec 12 NA NA NA 4,503,481 941,414 20.90
Dec 11 NA NA NA 2,381,355 766,593 32.19
34% fnma shorted in last trading session.
https://otcshortreport.com/company/FNMA
shotee are going to have a squeeze today
https://otcshortreport.com/company/FNMA
click to see fnma short sale here
it is definitely coming soon.
right after the departure of mal watt.
Date Close High Low Volume Short Volume % of Vol Shorted
Dec 20 NA NA NA 4,053,517 1,399,398 34.52
Dec 19 NA NA NA 11,904,118 4,014,168 33.72
Dec 18 NA NA NA 9,283,150 2,523,859 27.19
Dec 17 NA NA NA 2,730,891 578,025 21.17
Dec 14 NA NA NA 1,693,398 697,525 41.19
https://otcshortreport.com/company/FNMA
If you guys do not sell shot's are going to get a squeeze and will be forced to buy high to fill up their gap
i believe they will face short squeeze soon.
https://otcshortreport.com/company/FNMA
Thank you. This is a much needed information. I believe they are going to face short squeeze probably tomorrow or next week.