Fannie Mae-No Politics (FNMA)

[obiterdictum]

1. Ok, so March 31 (This Friday). Is this payment made at the END of the business day, or BEGINNING of (Friday)?

The payment is recorded as deposited on a specific day after it happens. The time of day is not known. We only have access to records that present data after the deposited is made. The deposit could be made anytime during the target day, in this case, March 31st, that is allowed by electronic or other transfer and receipt.

2. In other words, if the payment is made after trading hours, then investors wont be able to do anything about it until Monday, either way ?

That is correct. Unless there is a factual leak.

3. That is, will we find out about it on Friday March 31, or Monday?

That is not possible to know unless someone leaks the info, the info is released to the press or GSE personnel informs you by e-mail, phone, social media etc. In the past, I called Fannie and Freddie to discover if the transfer was made on the scheduled day. I was told to check the Twitter accounts. That did not yield info on the day of deposit. The next day, or 2 days after, in some cases, there was report of check being sent to Treasury. See:

Yesterday's dividend check to Treasury gives taxpayers a $10 billion return on their investment in Freddie.

— Freddie Mac (@FreddieMac) April 1, 2014

and

As of March 31, 2014, we made our planned and previously announced $7.2B dividend payment to the U.S. Treasury.

— Fannie Mae (@FannieMae) April 2, 2014

It may take some time after March 31, 2017 to find out if the deposit was made unless the other circumstances above prevail.

Source:
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