Federal National Mortgage Association (PK) (FNMFM) Quote

You really are brainwashed

Open your eyes so you can see what just happened with that ruling.

Jury verdict against the FHFA did not make any difference. What is big deal here? It is all political. Anyone but Brandon.

So predictable right now! Easy money but for most of us it's a good sign to see this moving up slowly until Nov 5th !

Trump is the quickest pathway to get FNMA released. The Judge is a Biden donor who's daughter is an Anti-Trump Fundraiser who raised over $90 Million. Stormy Daniels signed a statement saying she did not have a relationship with Trump. If you can't see this is all going to be Overturned you are blind. They couldnt even name the crime, which is a violation of the 6th Amendment. The Judge was not blindly and randomly selected, which is a 4th Amendment violation. The Statute of Limitations are Expired. These are Federal Crimes (the City of New York or State of New York can't charge Federal Election Laws, only Federal Courts). They illegally and Unconstitutionally gagged him which is a violation of the 1st Amendment, as the Judge in the Documents Case correctly pointed out. They wouldn't let Trump call witnesses. The Supreme Court is never going to let this stand. If anything, it's going to Boost him up in the polls and make people angry that the Courts are being weaponized against him.

Green today & the room is still in an uproar. Just on waiting for release they got us arguing with each other! What a conundrum

You are a pathetic embarrassment. The only chance of FnF release is with DJT yet you inundate the forum with these types of stupid comments.

It’s been “speculation” for 15+ years!

good luck

it is ALL - ALL (common and or JPS) a speculation

IMO a good speculation - but only BET money you can afford to lose if the bet continues to lose for another 20-50 years

what is not rogue

SCOTUS - with ALITO and hand in your pocket rich sir Thomas ?

RNC - with his family running it

once you go down that road the FBI is rogue - Congress is rogue --- etc.

Hey - I protested against the Vietnam War and hated the FBI and CIA and White House
Now Republicans hat FBI CIA White House

Please pause - and this verdict may have a one day impact - up or down on FNMA and or the market but it is not lasting --- the first DEBATE will be important -- and neither apparently cares about equity in F and F

sore loser

if DJT loses an election - it is rigged
if DJT loses at Golf - his caddy is blamed
If DJT if found Guilty - the court or the charges or the judge or the jury or the AIR is fake and a sham

DJT - is the definition of heads I win and tails you lose

The mistake - the error - was DJT forcing his lawyers to fashion a defense around the lie that he did not sleep with Stormy. No one cared --- but once you start down a road that you never slept with her - the rest of your defense becomes just as goofy and unbelievable

nope

Preferred shares still getting pushed up through the ask. Any guesses why? I was thinking I’d just hold what I have for commons, but I sort of want my full boat again after I mistakenly sold 1/2 my 20,000 Freddie commons. I’ll see what action looks like tomorrow and perhaps throw a bid if it dips hard enough.

when is fannie mae and freddie mac getting this money?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174509702

you couldn't buy enough when it was below $0.40 for last 16 years?

CFPB is another ROGUE Agency

I’m not against the work they do at all.

The Constitution says congress has the power of the purse and the Supreme is too weak to enforce it. Furthermore there is no congressional oversight which is also a big problem for this GOVT Agency.

The end result of the Supreme’s decision is now you’re gonna have an unlimited amount of these Rogue Agency’s going forward. Get ready here they come.

Not a good thing in my book.

He’s the only one that will release Fannie/Freddie

I’m definitely voting for him and so are 99% of my friends.

Yup!

It will do the opposite and go to 2.00 maybe. That's the Fannie we know.

Oh wow. Good to know. Thanks for sharing.

You will pay $5 or more. Too bad for you.

What a great day!!!!

Well, I guess I will get my 60,000 shrs at .99 tomorrow.

See top article on the CNBC website. It lays out quite nicely what will happen next. There is nothing to worry about here.

Does not matter. Maybe he gets a fine or house arrest but no jail time. He can still run for president. Tomorrow we fly.

The U.S. Constitution requires that American presidents be natural-born U.S. citizens who are at least 35 years old, and who have lived in the country for at least 14 years. It does not bar felons from holding its highest office.

https://seekingalpha.com/news/4111779-freddie-mac-says-total-mortgage-portfolio-up-35-in-april

Not guilty would have been better. Thoughts on tomorrow?

Jury just reached decision. Oh wow biting my nails.

Spiked last minute

Could it be not guilty verdict?

$1.57!

interesting

does your data source note what % of the paper F and F hold is impacted by this target a 20% reduction in principal and interest payments for borrowers.

egad -- if this is true for more than 1% ----- the bond market would be crashing

F and F write Trillions of dollars of Mortgage Backed Security Paper ----- imagine if the cash flow drops by 20% ---

Something is missing !!! ---- that may be something done for those in arrears - of income between X - Y - and who live in a state whose name has more than five letters --- and if they apply yesterday

20% reduction !!!!!!

CRM is a big culprit as well

complete nonsense

what is the ROI for GS for 10 years and compare to S and P or DJIA --- and do it by year

I would argue that BIG TECH BIG OIL (BTU) BIG PHARMAN ---- all have 100x the power (hell - Elon alone has more)

I thought we had a worse day in last 10 days?

The 18 month or whatever growth by % has to give back

e.g. at Market Watch --- the SPY - on a one year basis is up 24% (Market does not watch MSNBC or FOX - it knows the GDP growth has been excellent - Inflation is not 9% but 3.5% and trending down - and jobs keep on happening - (summary - profits are solid )

there has to be --- for a large stock large index like S and P (or Russell 1000) a regression to the mean - i.e. at this point a solid decline of 10-20 percent - to stay to a geometric 8% average (not counting dividends)

yes
it is smoke and mirrors
every dollar kept - cash - for capital reserves - increases the LP by one dollar

so we win nothing EXCEPT ---- we win if and when the GOV decides to say the LP is paid off --- then for a bunch of years cash has grown and grown (Gross Reserves 80B or whatever) and then the 120 or more of obligation disappears

Since we need the GOV to kill the SP/LP -- we indeed are winning - smoke and mirrors included

Which reminds me: do you have any realistic coherent link to your previous post about DJT liberating the GSEs. Funny how you overlooked posting a link.

Looking forward to seeing where you got tha from.

Too many charlatans posting GSE pref dilution, gov owning 100% of the GSEs, GSE secret UFO accounts, and other out of this world statements.

FNMA

It was down 270 yesterday and there have been PLENTY of days the DOW was up 100's while FNMA fell so big whoop today. I believe you are incorrect though. During COVID I do believe were were larger drops than 300 points in a day.

Yeah whatever Mister Crappy day, go crawl back under your rock…

Oh wow. I am expecting a new HOD momentarily. HOD means high of day not high on drugs.

Oh wow. That’s great news. Gabby and I were starting to run out of milk. We were planning to bake fresh cookies tonight while watching the Scripps National Spelling Bee Competition.

Then you should have no problem quoting that relevant portion of HERA.

The Cows are comin' home today

Mark is a dear friend of many, many years. But he has never accepted or acknowledged the plain fact that Fannie and Freddie are P&C insurers and their capital should reflect that fact. Calculating regulatory capital in any other way is useless, wrongheaded and improper.…— joshua rosner (@JoshRosner) May 28, 2024

GSEs Offer More Relief for Troubled Borrowers (but nothing for shareholders)
dhollier@imfpubs.com
Fannie Mae and Freddie Mac, at the direction of the Federal Housing Finance Agency, on Wednesday announced enhancements to their flex modification policies. The updates, which go into effect no later than Dec. 1, target a 20% reduction in principal and interest payments for borrowers.
According to FHFA Director Sandra Thompson, the goal is to help borrowers suffering from the current climate of high interest rates and home prices remain in their homes. To achieve this, the modification process involves a waterfall of steps that servicers must follow until the mortgage payment is sufficiently reduced or all possible steps have been exhausted.
Those steps include the capitalization of all arrearages, the conversion of adjustable-rate mortgages to fixed-rate mortgages, a schedule of interest rate reductions and loan extensions up to 480 months.
In cases where the post-modification mark-to-market loan-to-value ratio exceeds 50%, principal forbearance may be applied until either P&I payments have been reduced by 20%, the mark-to-market loan-to-value ratio drops to 50% or the total principal forbearance reaches 30% of the loan’s unpaid principal balance.
No interest may accrue to the forborne principal.
For more details on the enhanced modification requirements, see the next issue of Inside The GSEs.

GS is taking a hit, thus the market suffers

Its stated in HERA.

Meanwhile the DJ is down 327. Worst day since 2004

fmcc volume is decent

I think our attorneys need to take a different tact on this case. Instead of trying the merits of the nationalization, which we mostly continue to lose on, we should file to force the government to add the value of the GSEs to the National Debt since they own it. No way any member of Congress or the executive Branch wants to be the one that adds another $7T to the National Debt PLUS what they add during their time in office.Sort of like getting Al Capone on taxes instead of the terrible stuff.

Low volume, 4 pennies. It's just trading, IMHO.

Sometimes contestants ask for definitions or examples. If "nationalize" or "nationalization" should be requested, the host would say "Fannie and Freddie"! LOL! Come to think of it, if the word was "F'ed", the answer would also be "Fannie and Freddie"!