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Tuesday, June 04, 2013 12:20:16 AM
FNMA & FMCC Due Diligence by Carnac
There is something *SPECIAL* going on here with Fannie Mae and Freddie Mac, History in the Making!!!!
I would like to point out since many don't realize FMCC has about half the Outstanding Shares as its sister FNMA
FNMA Shares Outstanding 1,158,077,970 a/o Mar 31, 2013
http://www.otcmarkets.com/stock/FNMA/company-info
FMCC Shares Outstanding 650,039,533 a/o Apr 24, 2013
http://www.otcmarkets.com/stock/FMCC/company-info
and said to have more income = http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87946585
http://www.fanniemae.com/resources/file/ir/pdf/quarterly-annual-results/2013/q12013_release.pdf
June 3, 2013 Record Profits
The two government-sponsored enterprises have begun posting record profits after drawing a total of $187.5 billion in aid from taxpayers to stay afloat after the housing crisis brought them to the brink of bankruptcy. Heartened by the change of fortune, hedge funds including Paulson & Co Inc. and Claren Road Asset Management LLC have been buying shares of the companies’ junior preferred stock and urging lawmakers to drop plans for abolishing them.
The discussion draft of the bill says any proceeds from the liquidation first would go to the U.S. government as the senior preferred shareholder in each of the companies, and then to holders of junior preferred shares, followed by holders of the common shares.
The new agency, to be named the Federal Mortgage Insurance Corp., would continue existing efforts to build a common securitization platform and would have the capacity to help small lenders issue securities.
What Happens when you owe $117B then amazingly payback $95B way sooner then anyone expected??
UT OOOH US Govt, has a BIG problem on their hands!!!
Even Jim Cramer says this could be "BIG"
CNBC Coverage of Fannie Mae's Financial Results May 2103
Wallstreet Journal Smart Money site is forecasting a huge jump in EPS starting DEC 13 (from .85 to 3.83), here is the link.
http://www.smartmoney.com/quote/fnma/?story=earningsforecast
FMCC NEW$= http://freddiemac.mwnewsroom.com/
FMCC
Filings = http://www.otcmarkets.com/stock/FMCC/filings
FREDDIE MAC CORPORATE SITE: http://www.freddiemac.com/
The FHFA Has Breached Its Fiduciary Duty To Fannie Mae And Freddie Mac
http://seekingalpha.com/article/1458171-the-fhfa-has-breached-its-fiduciary-duty-to-fannie-mae-and-freddie-mac?source=email_rt_article_title
FNMA~ So far 5 giant hedge funds invested
Bruce Berkowitz, Fairholme Capital Management (2.4 BILLION DOLLARS INVESTMENT)
John Paulson, Paulson and Co
Richard Perry, Perry Capital
Claren Road Asset Management
Capital income builder ( holds 12.5 million COMMON SHARES)
http://www.valuewalk.com/2013/06/bruce-berkowitz-fannie-freddie-pref/
FOR CAPITAL INCOME BUILDER LINK
http://finance.yahoo.com/q/mh?s=FNMA+Major+Holders
Also there are 20 funds holds small amount of shares as of March 30, 2103.
http://finance.yahoo.com/q/mh?s=FNMA+Major+Holders
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
June-3-2013
Hedge funds have been lobbying Congress to restore the dividend, which was suspended last year. Although Mr. Berkowitz has not done so yet, he plans to join those efforts, he said in an interview Monday with The Wall Street Journal. To him, restoring the dividend is just “the right thing to do.”
Purchased largely this quarter, the Fairholme position is about 90% to 95% preferred stock with the remainder in common stock. He said the shares are split proportionally between the $8.2 billion Fairholme Fund and the $311 million Fairholme Allocation Fund.
June-3-2013
Record Profits
The two government-sponsored enterprises have begun posting record profits after drawing a total of $187.5 billion in aid from taxpayers to stay afloat after the housing crisis brought them to the brink of bankruptcy. Heartened by the change of fortune, hedge funds including Paulson & Co Inc. and Claren Road Asset Management LLC have been buying shares of the companies’ junior preferred stock and urging lawmakers to drop plans for abolishing them.
The discussion draft of the bill says any proceeds from the liquidation first would go to the U.S. government as the senior preferred shareholder in each of the companies, and then to holders of junior preferred shares, followed by holders of the common shares .
May 30, 2013 Paulson Leads Hedge-Fund Lobby Push to Privatize Fannie
http://www.businessweek.com/news/2013-04-30/paulson-leads-hedge-funds-urging-u-dot-s-dot-to-privatize-fannie-mae
http://www.cnn.com/2013/05/15/us/john-paulson-fast-facts
NEW! >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> MUST SEE RALPH NADER *VIDEO*<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
http://www.bing.com/videos/watch/video/were-fannie-freddie-shareholders-misled/2jhwshik1
Ralph Naders letter to the Judge:
http://nader.org/wp-content/uploads/2013/05/lew-5-18-13-11.pdf
Ralph Nader Bio:
http://en.wikipedia.org/wiki/Ralph_Nader
Everyone Sign it!! "We" petition the obama administration to:
Restore fairness to Fannie Mae and Freddie Mac common shareholders.
FNMA/FMCC
Im #66 https://petitions.whitehouse.gov/petition/restore-fairness-fannie-mae-and-freddie-mac-common-shareholders/vYQfrKHP
*****SPREAD THE WORD***********
*Annodated* Chart
buzz cloud: AEGY BAYP BMSN BRGO CCRY CEO CHART CLSN CPSZ CTDT CTIX DHSM DUSS EEDG EXPU FMCC FNMA GOLD HHSE HRDN III INVA KBLB KMAG LBSR LOW MINE MJNA MMTC MYEC NTEK PFNO PPHM PVSP RAFA RFMK SKTO SRGE TCPS TDEY TECO UNGS VDSC VKML WBSI WGAS WOLV XUII AMBS,AONEQ,ASKE,AXLX,BBDA,BGMO,BMSN,CARN,CBIS,CEO,CTLE,CVSL,DHSM,DNYS,DUSS,EEDG,EFIR,ELTP,ENTB,EPGL,ERBB,EXPU,GMEC,GOLD,GOSY,GTGP,GVIT,HLNT,IBM,JBII,KATX,KMAG,LWSP,MANF,MDIN,MINE,MJNA,MKRS,MMRF,MWIP,NTEK,ONE,REVO,RFMK,RTGV,SPOM,SRGE,STKO,UNQT,USGT,VKML,WGAS,WTWO,WUHN NHYT FMCC VRNG UNXL LOTE NORX EWRL RDSH DHSM AAPL AAPT AEGY AHFD ASYI BGMO BRAV BRGO CEO CERP CPSZ CTIX CVRG CWRN DHSM DUSS EWRL EXPU FCGD FITX FNMA GESI GIHI GOLD HESG HHSE HLNT JBII JCDS LATF LTNC MANY MFTH MJNA MVTG MYEC NTEK OIL PPHM PTOO RANF SAGD SKTO SRGE STLK TALK TCPS TDEY TECO VDSC VOIS XUII
There is something *SPECIAL* going on here with Fannie Mae and Freddie Mac, History in the Making!!!!
I would like to point out since many don't realize FMCC has about half the Outstanding Shares as its sister FNMA
FNMA Shares Outstanding 1,158,077,970 a/o Mar 31, 2013
http://www.otcmarkets.com/stock/FNMA/company-info
FMCC Shares Outstanding 650,039,533 a/o Apr 24, 2013
http://www.otcmarkets.com/stock/FMCC/company-info
and said to have more income = http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87946585
http://www.fanniemae.com/resources/file/ir/pdf/quarterly-annual-results/2013/q12013_release.pdf
June 3, 2013 Record Profits
The two government-sponsored enterprises have begun posting record profits after drawing a total of $187.5 billion in aid from taxpayers to stay afloat after the housing crisis brought them to the brink of bankruptcy. Heartened by the change of fortune, hedge funds including Paulson & Co Inc. and Claren Road Asset Management LLC have been buying shares of the companies’ junior preferred stock and urging lawmakers to drop plans for abolishing them.
The discussion draft of the bill says any proceeds from the liquidation first would go to the U.S. government as the senior preferred shareholder in each of the companies, and then to holders of junior preferred shares, followed by holders of the common shares.
The new agency, to be named the Federal Mortgage Insurance Corp., would continue existing efforts to build a common securitization platform and would have the capacity to help small lenders issue securities.
What Happens when you owe $117B then amazingly payback $95B way sooner then anyone expected??
UT OOOH US Govt, has a BIG problem on their hands!!!
Even Jim Cramer says this could be "BIG"
CNBC Coverage of Fannie Mae's Financial Results May 2103
Wallstreet Journal Smart Money site is forecasting a huge jump in EPS starting DEC 13 (from .85 to 3.83), here is the link.
http://www.smartmoney.com/quote/fnma/?story=earningsforecast
FMCC NEW$= http://freddiemac.mwnewsroom.com/
FMCC
Filings = http://www.otcmarkets.com/stock/FMCC/filings
FREDDIE MAC CORPORATE SITE: http://www.freddiemac.com/
The FHFA Has Breached Its Fiduciary Duty To Fannie Mae And Freddie Mac
http://seekingalpha.com/article/1458171-the-fhfa-has-breached-its-fiduciary-duty-to-fannie-mae-and-freddie-mac?source=email_rt_article_title
FNMA~ So far 5 giant hedge funds invested
Bruce Berkowitz, Fairholme Capital Management (2.4 BILLION DOLLARS INVESTMENT)
John Paulson, Paulson and Co
Richard Perry, Perry Capital
Claren Road Asset Management
Capital income builder ( holds 12.5 million COMMON SHARES)
http://www.valuewalk.com/2013/06/bruce-berkowitz-fannie-freddie-pref/
FOR CAPITAL INCOME BUILDER LINK
http://finance.yahoo.com/q/mh?s=FNMA+Major+Holders
Also there are 20 funds holds small amount of shares as of March 30, 2103.
http://finance.yahoo.com/q/mh?s=FNMA+Major+Holders
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
June-3-2013
Hedge funds have been lobbying Congress to restore the dividend, which was suspended last year. Although Mr. Berkowitz has not done so yet, he plans to join those efforts, he said in an interview Monday with The Wall Street Journal. To him, restoring the dividend is just “the right thing to do.”
Purchased largely this quarter, the Fairholme position is about 90% to 95% preferred stock with the remainder in common stock. He said the shares are split proportionally between the $8.2 billion Fairholme Fund and the $311 million Fairholme Allocation Fund.
June-3-2013
Record Profits
The two government-sponsored enterprises have begun posting record profits after drawing a total of $187.5 billion in aid from taxpayers to stay afloat after the housing crisis brought them to the brink of bankruptcy. Heartened by the change of fortune, hedge funds including Paulson & Co Inc. and Claren Road Asset Management LLC have been buying shares of the companies’ junior preferred stock and urging lawmakers to drop plans for abolishing them.
The discussion draft of the bill says any proceeds from the liquidation first would go to the U.S. government as the senior preferred shareholder in each of the companies, and then to holders of junior preferred shares, followed by holders of the common shares .
May 30, 2013 Paulson Leads Hedge-Fund Lobby Push to Privatize Fannie
http://www.businessweek.com/news/2013-04-30/paulson-leads-hedge-funds-urging-u-dot-s-dot-to-privatize-fannie-mae
http://www.cnn.com/2013/05/15/us/john-paulson-fast-facts
NEW! >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> MUST SEE RALPH NADER *VIDEO*<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
http://www.bing.com/videos/watch/video/were-fannie-freddie-shareholders-misled/2jhwshik1
Ralph Naders letter to the Judge:
http://nader.org/wp-content/uploads/2013/05/lew-5-18-13-11.pdf
Ralph Nader Bio:
http://en.wikipedia.org/wiki/Ralph_Nader
Everyone Sign it!! "We" petition the obama administration to:
Restore fairness to Fannie Mae and Freddie Mac common shareholders.
FNMA/FMCC
Im #66 https://petitions.whitehouse.gov/petition/restore-fairness-fannie-mae-and-freddie-mac-common-shareholders/vYQfrKHP
*****SPREAD THE WORD***********
*Annodated* Chart
buzz cloud: AEGY BAYP BMSN BRGO CCRY CEO CHART CLSN CPSZ CTDT CTIX DHSM DUSS EEDG EXPU FMCC FNMA GOLD HHSE HRDN III INVA KBLB KMAG LBSR LOW MINE MJNA MMTC MYEC NTEK PFNO PPHM PVSP RAFA RFMK SKTO SRGE TCPS TDEY TECO UNGS VDSC VKML WBSI WGAS WOLV XUII AMBS,AONEQ,ASKE,AXLX,BBDA,BGMO,BMSN,CARN,CBIS,CEO,CTLE,CVSL,DHSM,DNYS,DUSS,EEDG,EFIR,ELTP,ENTB,EPGL,ERBB,EXPU,GMEC,GOLD,GOSY,GTGP,GVIT,HLNT,IBM,JBII,KATX,KMAG,LWSP,MANF,MDIN,MINE,MJNA,MKRS,MMRF,MWIP,NTEK,ONE,REVO,RFMK,RTGV,SPOM,SRGE,STKO,UNQT,USGT,VKML,WGAS,WTWO,WUHN NHYT FMCC VRNG UNXL LOTE NORX EWRL RDSH DHSM AAPL AAPT AEGY AHFD ASYI BGMO BRAV BRGO CEO CERP CPSZ CTIX CVRG CWRN DHSM DUSS EWRL EXPU FCGD FITX FNMA GESI GIHI GOLD HESG HHSE HLNT JBII JCDS LATF LTNC MANY MFTH MJNA MVTG MYEC NTEK OIL PPHM PTOO RANF SAGD SKTO SRGE STLK TALK TCPS TDEY TECO VDSC VOIS XUII
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