Replies to post #615276 on Fannie Mae-No Politics (FNMA)

[stockprofitter]

Quicken Loans is doing an IPO “initial public offering” at a rumored $50 share very soon.

Fannie and Freddie are much bigger, stronger and better.

Enjoy :-)



https://www.cnbc.com/2020/06/11/quicken-loans-the-largest-us-mortgage-lender-is-planning-an-ipo-sources-say.html

[FFFacts]

I don't think the forbearance costs are properly priced in. Calabria did say in Q4 they are expecting large costs. That is why Fannie and Freddie need a "liquidity facility" grant because through no fault of their own, under the cares act, there was an exaction.

[Barrario]

And illiquid prefers ARE ILLIQUID ! Lol face value-60%

[Louie_Louie]

Have you seen all the business and Wallstreet articles talking about a Re ipo on the GSE's while government still has them in C-ship? Are the articles predicting a gazillion investors who want nothing more than to get into bed with the government? Lol
Your dreaming is futile.