CatBirdSeat Thursday, 12/28/17 10:50:35 PM Re: None 0 Post # of 41633 FNMA and FMCC Will EACH Have $3 Billion Cash On December 31st. Do the math on how much Fannie & Freddie are worth today based on $3B in cash with approximately 1200M and 600M shares outstanding. I am thinking that not a lot of people are actually aware that they are worth minimum $5 share without even applying a PE multiple. Industry average for mortgage companies currently at 22 PE. DO THE MATH PEOPLE. SIMPLE!