Fannie Mae (QB) (FNMAJ) News

The biggest scam in history is @FHFA putting 2 financially healthy corporations in a “temporary” conservatorship in 2008 and then siphoning $301 billion of their equity for projects not funded by Congress.

FREE FANNIE!
FREE FREDDIE! https://t.co/Quy94sg2Q7— Guido da Costa Pereira (@GuidoPerei) May 10, 2024

Calabria: if you want an idea what’s in Calabria’s head give a listen to this podcast episode from April. All the topics he was posting on X today are mentioned in this podcast.

WARNING: you all do know he’s a policy wonk and he’s an advisor at the Cato Institute, right? It’s 36 minutes long and you WILL be bored. He has strong opinions about agency independence, banking regulation, housing policy, he does want a combined financial regulator (at a minimum merging FHFA into the OCC), etc.

He ADMITS pushing back on the Trump Admin when they wanted him to move on the GSEs because he thought as a regulator he shouldn’t buck what he thought was the will of Congress (HERA).

https://www.cato.org/multimedia/media-highlights-radio/mark-calabria-discusses-how-solve-housing-crisis-intrafis-banking

Catman is posting like crazy on X today about GSE's and the FHFA (non-mission). Wonder what's up all that?

fisher case gone? again? oh well

Take a trip down south from wherever you are. Coz unfortunately that's where this is going... Misery will love company

No Costco
You deserve finer cuisine,
And that's why I've ordered
for you and Gabby, 2-3D Printed Fish Filets

Go Fannie, Run Freddie, Go, Run

Only? And what do you think is left?

Oh wow. What is the plan for tomorrow Captain TightCoil ? Should I wake up early and suit up for a trip to the moon ? Or should I just go to Costco and load up on the dogs ? Please advise.

Re: FNMA & FMCC
Don't Sell - Don't Fold
Hold for the Gold

Our cases have been sustained because of Tooley, and other things. Our focus now is on First Hartford, and the Fifth Amendment to the Constitution. We’re trying to save those companies, and thus save our investments in such.— Bryndon Fisher (@bryndonfisher) May 9, 2024

Only the amended complaint was denied.

Bradfordamus and his predictions. -- you are probably the only one who believes and hopes on them coming true

Mike Kelly Suit Dismissed.

https://www.glenbradford.com/2024/05/kelly-v-u-s-5/

Fisher was denied En Banc.

In Kelly the case was moved from a DJT Appointee to JB Appointee

This would be a terrific idea and I’d love to see it happen. It would save the GSEs $700m a year too.

Supposed to say such a bafoon

Auto spell correct really made it funny

Lmao

It’s very relevant. A board of directors structure that the GSE’s should have been placed in from the beginning of conservatorship. Maybe they wouldn’t be in the position that they’re in now with a board instead of a single director.
If they ever do get out of this mess I believe they will be placed under a board of directors management structure.

what is OCC?

tia

suck a baboon cat man do nothing is

trying to stay relevant

LOL

Ya know there’s some good solid footing when this hits .40 no need to worry about going to zero .. that would be somewhat unlikely 🤣

Notice gold lately

it's the only rational hedge for a position in these things

"i have reluctantly concluded...." lol. what a loser doesn't know congress won't do a thing in a century.

Interesting idea. Wonder why he came up with this: Congress needs to merge FHFA into OCC, I’ve reluctantly concluded standalone safety/soundness regulation of GSEs just isn’t politically sustainable or feasible over long periods of time— Mark Calabria (@MarkCalabria) May 9, 2024

The US govt also said FnF were in great financial shape and then turned around and put them into conservatorship.

This is only the 3rd catalyst Bradford has said will happen this year that will never happen. A 6 month record even for him!

I don’t quite understand where this $1-2 trillion dollars is coming from

From taking out home equity loans on existing mortgaged homes. Essentially Freddie would issue a 2nd mortgage. Then you would piss off all your equity converted to cash on gizmos, toys, eating out and other BS. Welcome to the new slave society of the USSA.

i want to have what you are having . lael already told you nothing is in works. at least this admin has made it clear.

right on the money. see market does not like it

You must refer to her as Queen Sandra -
Queen of The Enterprises

If something as innocuous as a posting on a stock message board
makes you "sick," maybe you should go to the doctor

Run, Fannie, Run Freddie, Run!

Sandra cannot DO shet what she is authorized to do. Now she plans to flood $2T of homeowner equity into the world by the way of HELOC/2nd mortgages resulting in even higher inflation and then even steeper crash later.
Some one tell this lady to just release FnF and get out of the way.

You say this same BS every F'in day. Shut the hell up. Sick of it.

Starting to look like Fannie and Freddie are
making a stunning comeback from today's lows...Carry on

Recap for catalysts on the horizon:
- Potential end of june recap/release as per Bradford
- November elections Trump bump
- Lamberth damages ~2025

Aside from that everyone is sitting around watching paint dry.

You've hit the nail on the head...why even keep Fannie and Freddie
open for trading after imposition of the Conservatorship? and
after the NWS? An out and out Trap for investors...
Even though your posting is short, IT SPEAKS VOLUMES!
FIGHT BACK - Fight to Right the Wrong done to Shareholders

They are, especially since it looks like a red wave.

Let Us All Bow Our Heads and Say The
Fannie and Freddie Prayer:

Lord, Help Us

That is encroaching on the TBTF banks' business...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174365154

"Is this allowed in their charter ?" when did this matter?

What a travesty! Can’t even invest with good faith anymore!

do you think this benefit fannie freddie ? i am looking at the pps, folllow the money.
they are all going with whitney or did they unleash the press on it?
hyperinfaltion and lose whatever you have left. if this goes through, sell everything , buy a trailer park or sleep in your car.

Drip drip drip. We need a plumber. TightCoil ?

Thanks for sharing Kip. I just watched the video right now on my computer. It does not show up on mobile devices though. I don’t quite understand where this $1-2 trillion dollars is coming from. Sounds like the GSEs would be getting into the reverse mortgage market. Is this allowed in their charter ? I believe the answer is no.

Here is another article. I guess something in the background.
https://fortune.com/2024/05/05/economic-outlook-stimulus-home-equity-loan-housing-market-mortgages-freddie-mac/

Really interesting kip128932156. Is there any truth to this? Meridith Whitney is a long time respected financial sector analyst but I dont have any idea about what she is doing now? FMCC going into the HELOC market sounds kind of extraordinary - any background for this?

Congratulations @vkaramurza . Although behind bars, I hope you can expose the 15+ years of "temporary" conservatorship of 2 of the most profitable corporations while the US Government swindles their equity for projects not funded by Congress.

FREE FANNIE!
FREE FREDDIE!— Guido da Costa Pereira (@GuidoPerei) May 9, 2024

Crappy day.

This ihub is now becoming a radical ihub , it won't allow anyone to post a YouTube video.
Can you post on stocktwit ?

Check out the 5:20 mark Freddie being mentioned.

thought they were undercapitalized so why a piggy bank to dole out?. how about spending on education and training instead in this age of ai . free money does not go a long way. $1500 down to $0.40 for rightful owners of fannie mae and freddie mac who worked hard to save for retirement and education. anything for votes right? otherwise why now? how about making them work hard for it like some have 2 or 3 jobs to make ends meet with such obscene inflation?
how about work on a policy to not throw an ipad in front of you showing you 18% to 30% tip with custom tip feature hidden? why do I have to tip at all when the food prices have skyrocketed already? why should the restaurant owner not pay enough to employees as tipping just made the inflation worse? those in washington need to spend time and work hard on such policies that actually matter such as dealing with inflation. and then $1500 down to $0.40 for rightful owners of fannie mae and freddie mac over last 16 years whereas apple, microsft, amzaon have become 2 trillion dollar market cap companies

The only thing I am expecting from this stock today is a big long loud smelly Fart.
LOL