Replies to post #69572 on Fannie Mae-No Politics (FNMA)

[pba]

$25 per share would be AWESOME!

[ralph4]

Brilliant instead of two "too big to fail"'s let's have one massive company! I don't know where you're getting your info but certainly not from the FHFA.

[kamdesigns1]

The stock has value as set by the market and shareholders maintain full right to that value. That's stated clearly in the c-ship agreement. Currently the stock's value is $1.69 per share. If the company was to be sold at this very moment, each shareholder would be compensated by requirement exactly that price per share. Nobody seems to understand that. imo

[bmp152]

Even if there is an IPO from new said entity, looks like FnF will be around for quite some time.

March 4, 2013

“To move this project forward in 2013, we are announcing as part of the 2013 Scorecard that a new business entity will be established between Fannie Mae and Freddie Mac. We believe that setting up a new structure that is separate from the two companies is important for building a new secondary mortgage market infrastructure. Our objective, as we stated last year, is for the platform to be able to function like a market utility, as opposed to rebuilding the proprietary infrastructures of Fannie Mae and Freddie Mac. To make this clear, I expect that the new venture will be headed by a CEO and Chairman of the Board that are independent from Fannie Mae and Freddie Mac. It will also be physically located separate from Fannie Mae and Freddie Mac. Importantly, we plan on instituting a formal structure to allow for input from industry participants.

What I have just described is the governance and ownership structure for the near-term phase of the platform. It will be initially owned and funded by Fannie Mae and Freddie Mac, and its functions are designed to operate as a replacement for some of their legacy infrastructure. However, the overarching goal is to create something of value that could either be sold or used by policy makers as a foundational element of the mortgage market of the future. We are designing this to be flexible so that the long-term ownership structure can be adjusted to meet the goals and direction that policymakers may set forth for housing finance reform.”

--Edward DeMarco

http://www.fhfa.gov/webfiles/25024/EJDNABESpeech.pdf

[Cash47873]

Has there been any change in anything since you began your drum banging campaign?

The is a lot going on at FNMA, FMCC.
There have been many events effecting the share price, some of which are illegal.

You are no savior looking to help the poor ignorant investor. You are a rather transparent liar looking to shake shares.

There is plenty of value here. In fact the market has upgraded the value from under .30 to over and back to where we sit today. And why is that?

The answer is that just because the government does something does not make it right or legal or just. In fact due to things like; the profitability of the company, the discovery that has been made available from court proceedings, and the new and unfolding evidence produced in newly opened lawsuits the "value" in FNMA appears indeed to be growing.

Someone mentioned the Dow theory last night. The Dow theory in this case postulates that considering the book value of the company, the present c ship status, and the emerging news that challenges the legality of the c ship and the govt ownership of shares that the current price has these variables already baked in.
And while all of that is true there is also TA that provides historical market data to predict current pps fluctuations.
And while both of these are true there always remains the chance that new and unannounced information that can have a profound effect on pps can come forth at any moment especially in consideration of the current wave of enthusiasm over the two GSEs profitability.

So, to be clear, yes there is value in these shares. Not because I say so or because you don't but because the collective market says so.

I'm not sure how many folks you think you are dissuading but I can assure you that anyone that has reacted to your sentiment holds no significant position if they can be fleeced of their shares by your unsubstantiated claims.

$fnma.