Federal National Mortgage Association (QB) (FNMFN) News

Waiting for debate 1 to buy voters using wrts

"Roaring Kitty", Portnoy, etc, have been created by Ackman, Larry Fink, Pagliara, etc., with the objective to denigrate the retail investor.
An attempt to portray the retail investors as crackpots that don't buy stocks based on their fundamentals.
Watch this video with Blackrock's Fink nervously repeating 3 times the idea that he wants to spread, contending that buying unbacked tokens is "a flight to quality", and not that the rally was caused by the S.E.C. approving his Bitcoin ETF, so that large institutions can buy the bitcoin scam.
CEO of BlackRock, Larry Fink:

This rally today is way beyond the [bitcoin spot ETF] rumor. The rally today is about a flight to quality. #bitcoin pic.twitter.com/fZ25f8smn1— Swan (@Swan) October 16, 2023

Let alone Bill Ackman comparing the unbacked tokens with technologies like the telephone or the internet, and calling them "commodities" extracted by "miners".




The joke's on them.

Image with the 2019 UST Housing Reform Plan pursuant to a Presidential Memorandum.


Made in China, with a Government Explicit Guarantee on MBS that made the FHFA price the Commingled Securities unveiled in June 2022 at 50 bps (Source). Days later, 9.375 bps when they realized that it was all an attempt to supplant the real thing: a requirement to UST to put an end point for the conservatorships in the Dodd-Frank law, and a 3-option Privatized Housing Finance System revamp that came out as a result (a Report to Congress), a few days after the January 31, 2011 deadline, typical in the UST when it has a deadline from Congress.


Recommending guarantee fee increases and Basel framework for capital requirements in FnF to that end: Charter revoked scenario. That is, no "GSE" anymore. GSE means "UST backup of FnF" in the Charter Act, and thus, where "the existing government support of each GSE" comes from, and not from the SPSPA stated by Mnuchin in his UST Plan, which is a simple fact sheet in light of an authority in the Charter Act. We also see how Mnuchin initiated the current "GSE" movement, whereas the UST of 2011 called them by their name: Fannie Mae and Freddie Mac.


DeMarco began to work on it right away. Source.

Now, the Commingled Securities, with 9.373 bps, would facilitate the option 3 in the 2011 UST Privatized Housing Finance System Plan: a Government Catastrophic-Loss Reinsurance on MBS, triggered upon bankruptcy of the mortgage guarantor, although it still can be private reinsurance, for the options 1 and 2.

The fact that, in the 2019 UST Plan, the UST pointed out that Applicable law does not prescribe a specific end point for the conservatorship.


when it was the Dodd-Frank law the one that required it to put the end point (This is what lies behind Whalen's remark a few days ago: Post Dodd-Frank they must be 'private', meaning same capital standards as fully private banks as the UST required in 2011, for the release from conservatorship. His remark was considered a mistake, because he is a well-known FnF hater and he forgot that the plotters have to cover it up), is evidence of this attempt to cover up the original mandate, accompanied by the corrupt litigants in charge of covering up the Restriction on Capital Distributions, as it's the main tool (HERA Chapter: Prompt Corrective Action) to recapitalize private corporations: the Retained Earnings account that absorbs the future losses (today, stuck at an adjusted $-216B every quarter). CET1.

An adjusted $442B worth of regulatory capital is missing, but necessary for the rehabilitation of FnF under the new stringent capital requirements (ERCF).
The Supreme Court simply authorized a Separate Account plan, "beneficial to" (the correct words are: best interests of) FHFA: watching the stocks trading at rock bottom prices is worth a lot for them.

Future Performance of FNMA and FMCC
RALLY FOR OUR DREAMS ! DREAM FOR OUR DREAMS

Something's Coming - Song from WestSideStory
Song by Jimmy Bryant

Could be, who knows?
There's somethin' due any day
I will know right away, soon as it shows
It may come cannonballin' down through the sky
Gleam in its eye, bright as a rose
Who knows? It's only just out of reach
Down the block, on a beach, under a tree
I got a feelin' there's a miracle due
Gonna come true, comin' to me
Could it be? Yes, it could
Somethin's comin', somethin' good, if I can wait
Somethin's comin', I don't know what it is
But it is gonna be great
With a click, with a shock
Phone'll jingle, door'll knock, open the latch
Somethin's comin', don't know when
But it's soon, catch the moon, one-handed catch
Around the corner
Or whistlin' down the river
Come on, deliver to me
Will it be? Yes, it will
Maybe just by holdin' still, it'll be there
Come on, somethin', come on in, don't be shy
Meet a guy, pull up a chair, the air is hummin'
And somethin' great is comin'
Who knows? It's only just out of reach
Down the block, on a beach, maybe tonight
Maybe tonight, maybe tonight

This stock is a political pickle stuck in the middle ical.

JUST SAYIN!
🤪

Calling all whales.

Oh wow. My girlfriend says tomorrow will be a great day.

you need pelosimomento on this

this has become political at best. both fannie mae and freddie mac are making money hand and fist but in 16 yr conservatorship. if the fnma trade shows up in a politicians portfolio that would do it. roaring kitty is exposing what goes on in this market and saying catch me if you can. i am sure he would not touch this as he wants the crooks aka fellow travelers away from him.

Couldn't get Roaring Kitty but I got a solid commitment from Farting Rhino.

Could you be a little more specific? You just described the vast majority of American women.

so no more home equity loans?

if true, what are they waiting for?

Couldn't get Roaring Kitty but I got a solid commitment from Farting Rhino.

Under 12 U.S Code § 4541 (b)(3), the Federal Housing Finance Agency ("FHFA") is statutorily obligated to determine whether new products issued by Freddie Mac are “in the public interest.” We hold the view that Freddie Mac’s purchase of CES loans would not be in the public interest as it would indirectly prolong a period of elevated interest rates, thereby shutting out prospective first-time homebuyers from financing and discouraging the construction of new housing stock. Ultimately, these outcomes would undermine both Freddie Mac’s and the FHFA’s goals of promoting first-time homeownership and affordable housing supply. Furthermore, in the broader macroeconomic context, this product would counteract the Federal Reserve’s efforts at macroeconomic stabilization and reducing inflation.

https://www.employamerica.org/blog/freddie-macs-proposed-product-could-worsen-inflation/

About to get a lot more eyeballs on some of the finer details of the laws here.

Sure I did. But if you recall, I've also always said that ANY verdict is nothing more than a paper victory because it is essentially unenforceable, as evidenced here.

Can we Get Roaring Kitty to start trading FNMA?

Propaganda of the mentally challenged. A $94 billion haircut isn't a $98 billion windfall.

We need a GameStop moment. It just keeps going up and up.

CBO report shows $FNMA $FMCC can be released from Conservatorship once they reach $128B in retained earnings (they now have $132B). The Gov would gain $98B windfall. Of course, Junior Pref shares (like $FNMAT) get paid full par value at that point.

1/https://t.co/SFA4rDDprf pic.twitter.com/NW6Yi7DRsk— Jarndyce Jarndyce (@JarndyceJ) June 6, 2024

Oh La Habana....

80 years later, US practices communism with it’s most profitable corporations in a “temporary” conservatorship to strip their equity.

FREE FANNIE!
FREE FREDDIE! https://t.co/NkEvdQITMn— Guido da Costa Pereira (@GuidoPerei) June 6, 2024

Freddie is smoking like a cigar in downtown Havana!!! GLTA!

Booster Force Actovated

Run Fannie Mae, Run
Go Freddie Mac, Go

Too may daytraders on here. Not enough shareholders with the integrity of Roaring disciples.

GameStop on fire. We are still sitting in the freezer.

Stuck at $1.60 we need The TightCoil STAT.

From Schwab...

FNMA appears to be consolidating within a longer-term uptrend. The Average Directional Index, or ADX, is below 20, indicating that shares have traded sideways recently. However, the 200-day is still sloping bullishly upwards. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500.

Will FNMA-and-FMCC be listed on the new Texas-Stock-Exchange ?

I hope so because the further these companies can get away from New York and DC the better.

Yahoo is once again grossly understating the volume.
https://finance.yahoo.com/quotes/fmcc,fnma,fmckj,fmcki,fmccm,fmcck,fmcct,fmcci,fmckk,fmccg,fmcch,fmccl,fmccn,fmcco,fmccp,fmccj,fregp,fmckp,fmccs,fmcko,fmckm,fmckn,fmckl,fnmap,fnmao,fnmfo,fnmam,fnmag,fnman,fnmal,fnmak,fnmah,fnmai,fnmaj,fnmas,fnmat,fnmfm,fnmfn/view/v1

Like the sign says, Free beer here tomorrow only!

Hopefully by end of day tomorrow!

Is that today ? Or are we on an overnight express train ?

Next stop $1.70!!

Yes and looking back at dividends for commons and JPS if and when they get turned back on should be 2 x3 time more than pre 2007

Long term plan for me!

He still has his capital structure for comfort.

Please respond to National Mortgage News. I did.

Only COMMIES put financially healthy corporations in fake "temporary" conservatorship and then swindle their equity. Is National Mortgage News promoting communism? And cowardly using "an analyst said" as cover?— Guido da Costa Pereira (@GuidoPerei) June 6, 2024

absolutely!

Oh wow. Everyone is buying the commons today. No one is touching the preferreds. Poor Bradford.

100% agree with you Trunk!!

Thare she blows Matey!!! 🚀

Rick, maybe you need to attach a Ryobi leaf blower to that Whale horn of yours!! Just a thought.

Oh wow. I love Mampilly.

I sounded the whale horn about 30 minutes ago. It’s working. All buys so far with some big blocks. I will now sound the whale horn again. Here we go.

Isn’t that nice when the day comes it’s technicals that guide the day and not KTCarneycircus and all the other useless facts that hide the unconstitutional ignoring behavior at Treasury and FHFA

Buyers over sellers almost 10/1---link
https://ih.advfn.com/stock-market/USOTC/fannie-mae-qb-FNMA/trades

Blow that Whale horn Rick!!! We need a push to get over $1.60🚀🚀

Mampilly to da moon.

"It will come by surprise", when the release is long overdue.
We are bound for a Privatized Housing Finance System revamp, chosen for the release by the UST in a Report to Congress in 2011, at the request of the Dodd-Frank law (Guarantee fee increases ; Basel framework).
Under the Separate Account plan, FnF weren't released at the discretion of the FHFA, for instance, when the SPS were fully paid off in December 2014 (Freddie Mac one year earlier), jointly with the fact the Watt lifted at the time the suspension of 4.2 bps on new acquisitions, allocated to two Affordable Housing funds managed by HUD/UST, when he likely determined that it didn't add to financial instability (As per its statutory provision), if the SPS had been paid off.

-They weren't released in mid 2022 when Fannie Mae met the prior MANDATORY threshold for release in the FHEFSSA, struck by HERA (Tier 1 capital >2.5% of ATA)


-Or in late 2022 with the resumption of dividend payments (Table 8: Payout ratio), when the Fair Value in $FNMAS fetched its par value. Link posted below).

-Then, CET1 >2.5 % of ATA in the 4Q2023 Earnings report, for the redemption of the unwanted AT1 capital instruments (JPS), like the FHFA with the FHLBanks in 2016. Afterwards, they would meet the ERCF (Tier 1 Capital >2.5 % of ATA).

-Now, CET1 >2.5 % of ATA, JPS redeemed, plus 25% of Prescribed Capital buffer for the resumption of dividend payments, with the 1Q2024 Earnings report in the laggard Fannie Mae.

On the other hand, The Diapers gang playing the fool 24/7, that sticks to the current balance sheet, which must be adjusted for the ongoing Financial Statement fraud in FnF/independent auditors, covered up by Bill Ackman and Sandra Thompson FnF continue to build capital through retained earnings., not only there is 17 years left to resume the dividend payments ($FNMAS' Fair Value would be $9 today, worse than in 2008 with $10. Source), but every year there is 17 years left (Thus, the Fair Value drops to $4.5 - $5. Today they are fairly priced, just like the Common Stocks, discounting the Machiavellian conservatorship and the Fanniegate plotters working for the DOJ to share the booty), due to the ongoing Common Equity Sweep, and the JPS are wiped out in an Equity restructuring.

We stick to the Rule of Law and basic Finance: The Separate Account plan.

Let's cut to the chase. Today's "GSE" slogan aims to conceal that FnF are regulated by the Charter Act, where is set forth their activities, restrictions, exemptions in taxes and other privileges.
"Government-sponsored enterprises" is the result of being congressionally-chartered private corporations and it isn't a status on its own "GSE", which is what the plotters are after, kind of "GSEs regulated by the FHFA" (mimicking the FHA and its MMIF) and, all of a sudden, the Charter Act with all the clauses therein, disappears.
This way, they create they own reality, so they can change the operations of FnF. For instance, with the ongoing CRT operations, barred in the Charter Act Credit Enhancement clause, except the PMI purchased by the borrowers (number 1) and the Catastrophic-Loss Reinsurance in the Commingled securities or "Supers" (number 3).
They succeeded with the PLMBS, a product barred in the Charter Act due to the lack of one of the enumerated Credit Enhancement operations.
This time, $20B CRT expenses, net (turned into Retained Earnings account), is due.
More if it's money siphoned-off to UST under the Mnuchin's slogan: "The taxpayer be appropriately compensated", barred in the Fee Limitation clause.

The world loves your jaded baggie-esque (but theologically correct) shitposting, TightCoil, but the very very serious business people here will never admit it.