Replies to post #822473 on Fannie Mae-No Politics (FNMA)

[jog49]

"Govt gets their 79.9-83%, always remember that govt vig, and we get our 20.1%?"

But....the 79.9% is nor "THEIRS" to own. The warrants were taken as collateral (as is done with any loan ever made in the U.S.A. since its inception) and that loan has long ago been generously repaid. The clowns trying to steal your corporation want you to buy their bull shit argument that it was an investment. The day in reckoning, Fannie was trading at $7+/share and the government priced their warrants at 1000,000 shares for $1. The worst case of mental illness at any asylum in the country would not have agreed to such a deal but the government thought the shareholders would agree to such nonsense. They strongarmed the BOD to agree and bypassed allowing the owners (shareholders) to make the determination, by vote. Now I have to read that some of the newbie investors think it alright to let the government have its way. Really? They want to steal your corporation!

[FOFreddie]

$ 20 would be awesome - I am assuming $ 5 less but Pulte as Chairman could find ways to boost EPS. To me the risk is that the JPS gets converted before the warrants are exercised. Settling the JPS lawsuits could result in a consensual JPS conversion. Of course, this is all speculation, but we have many data points now, including the DJT Letter to Rand Paul and now the comments by Secretary Bessent regarding the SWF intended assets that the UST will end up with at least 79.9% of the common.

Looking forward to some stock option plan being implemented at Fannie and Freddie by Pulte as he has hinted.

[sortman]

You always forget the 33billion that has to go to JPS.

[bcde]

If Pulte gets rid of all DEI Gov Mandates, legalized theft and mismanagement at FnF
then PPS of FnF will not be any less than $100 to $200.