Fannie Mae (QB) (FNMAS) Quote

If the right people are put in place in his cabinet then yes I hope so and it's looking like that. The polls are showing a good win for shareholders

Whatever u say faduhduhduhdummy.

It was rhetorical...
Sure it was, Pumpkin!

You are always trying to find out what those evil preferred shareholders have to say so you can rant about it into the ether.


Commons to the moooooooooooon!

lol, trust me, I could care less. 😂🤣. It was rhetorical, I knew the answer dummy. I have no faith or trust in anything u say or do.🐐🐐🐐🐐

You insult me and then ask me to do you a favor...LOL
Get bent!

funny how ur one of the few lemmings who can see his junk on X. I guess u gotta believe in fantasies??? I can only see what u post, cant see the rest, can u post the whole thing????

From the CEO of Fannie Mae: How Sound is Fannie Mae?
Fannie Mae has been in conservatorship since 2008, following the housing crisis. But Almodovar said that today’s Fannie Mae differs from the one before the Great Financial Crisis. For one thing, the agency’s development of…— Tim Pagliara (@timpagliara) September 5, 2024

Bloomberg interview with John Paulson...at the 9:30 mark he is asked if privatizing FnF would be a potential accomplishment in Trump's next term.
https://www.bloomberg.com/news/audio/2024-09-05/bloomberg-talks-john-paulson-podcast

this stayed green today, that is a good sign, for now anyhow. almost everything in the market was RED.

came to see what Ps were up to, not so much different then Cs, and to note wise guy is gone on commons, if only i could do more than one post per day, nah who cares. I thought maybe he was over here, guess not.

Nice run today for preferreds...polls have turned in the right direction.
Bought more FMCCG since it is always lagging behind.

Oh wow. Junk stock the preferreds. Headed to one cent. Bradturd should take notice. On the other hand commons headed to the moon say $325 plus or minus a few cents. Big time turd the preferred shares.

they go up and down together, it really just a question of % difference, if u had the time it could be traded. on the way up i mean

Probably those numbers will reverse shortly.

Now Fnma is down 14% and Fnmas down 3%.

actually FNMAS is down same % as FNMA

Next stop five cents.

Oh wow. Massive drop in the premarket. Good. Poor Bradford. Yeah too bad.

LOL.

Sherwin williams to da rescue...4.9 t0 5.01 in minutes and little volume🤣

No punches pulled straight forward assessment. Buuut I believe Ps, as in every other company that has Cs and Ps, has value according to the health of the commons, which is supposed to reflect the value of the company. If commons were around Par value, Ps would be worth Par territory also. thats how the world of stocks works, no matter what the KTCarneyCircus thinks says or does.

The preferred shares are pure garbage. No value. Useless really. Crap. Dumpster. Landfill material. Turd. Oh wow.

A president doesn’t need congress to release FnF. They didn’t need congress to put them in CS, they don’t need them to get them out.

Someones loading up on Freddie $50 pr JPS today ! low volume and 4 of the stocks have tanked by 60 to 70 cent each ! looking at the trade volume these are buys not sells. Someones wanting them!!!!!
FMCGG
FMCCI
FMCCH

Why would you say that! It's a guess right? It won't be anywhere near those highs in March 2025, and that's a guess too!
If DJT wins the election in Nov 6th sworn in Jan 6th, then it's going to take a few months to right the ship and start the ball rolling! Hell it might take 3 years to see any action as there's more important things that need taken care of first!

The latest polls show the GOP is going to win the Senate back and most likely the house again. But still the filibuster is one hurdle. So in order for there to be any action for congress on Fannie Mae and Freddie Mac it's going to take time. Even if the POTUS signs an executive order it's still going to take time!

Absolutely!!! Or more, I don’t subscribe to the Com v Pref bull💩. I hope prefs go to the moon, coms will be on that rock too.

To be fair, if so, so will FNMAS.

Wonder how many preferred

FNMAS hit $6 a few minutes ago...need my 50's to catch up

Marked...

I believe you are quite correct. Best to buy the commons only.

Absolutely, I never got this prefs v com BS.

After today his resolve to clean this country up will amplified.

Com’s will be 50-100 by March 2025. Mark this post.
I don't see that but I pray you are right...I would like to see both preferred and common holders do well.

Com’s will be 50-100 by March 2025. Mark this post.

Ps also spiked at days end. so its GSE wide something driving it.

Preferreds turn to fall to 3.xx started..

JPS are rallying! Is it because the saga now shows that JPS are the best investment. Words of wisdom saying that a conversion of some sorts is expected but only a haircut for JPS could be on the cards. Makes for a better investment for sure

Very good day for FNMAS. Slow trickle up continues and broke $5...20% Par

R/S of common in order to uplist to a major exchange?
JPS , What to do with them all? Nothing? or a reduced share of the companies? Still at 50% on todays prices it's a far better beat than common shares
I never thought in a million years the NWS would withstand legal scrutiny, so any of the various scenarios that have been put out into the ether would not surprise me.

My guess is the govt, embolden by its numerous court victories, will not be kind to commons in any manner so I have swapped a majority of mine for JPS.

R U Sure? Wasn't it meant to stop Feb 4th 2024 ?? If this is continuing to grain interest that was Judges plan for them to settle and not drag this out!!
Not sure where you got the Feb 4th date from...My understanding is Lamberth granted interest to shareholders going back to August 2012 until final judgement is entered.

On October 24, 2023, the Court ruled that the Fannie Mae junior preferred shareholder plaintiffs were entitled to prejudgment interest, and awarded simple interest on the $299.4 million damage award, accruing from the date August 17, 2012 until the date on which judgment is entered, at a fixed rate of 5% over the Federal Reserve discount rate as of August 17, 2012. Fairholme Funds, Inc. v. Fed. Hous. Fin. Agency, No. 1:13-cv-1053 (RCL), 1:13-mc-1288 (RCL), 2023 WL 7002665, at *1, 9 (D.D.C. Oct. 24, 2023).
https://casetext.com/case/fairholme-funds-inc-v-fed-hous-fin-agency-5/

With any possible release one must ask the questions :

R/S of common in order to uplist to a major exchange?
JPS , What to do with them all? Nothing? or a reduced share of the companies? Still at 50% on todays prices it's a far better beat than common shares!

R U Sure? Wasn't it meant to stop Feb 4th 2024 ?? If this is continuing to grain interest that was Judges plan for them to settle and not drag this out!!

Really do they want to keep draging this out now the interest has stopped on the award?
Not following...interest hasn't stopped on the award. Interest is "accruing from the date August 17, 2012 until the date on which judgment is entered at a fixed rate of 5% over the Federal Reserve discount rate as of August 17, 2012."

We aren't going to have final judgement for quite a while...We are closing in on a year since the favorable jury verdict and we haven't even gotten to the appeals part yet. I expect to see 3-4 years of interest on that award when all is said and done.

And still the delay for a final end to this ruling judgement and a payout for shareholders. Really do they want to keep draging this out now the interest has stopped on the award?

I bet investors are starting see the out come from common to JPS and that any consolidation for release will be a hair cut for JPS and below a $1 for commons .

If it plays out to this tune then consider JPS will be 50% of par before Nov 5th

New 52 week high...we haven't seen these prices since the SC screwed us on 6/23/21

Reminds me of the price swings before the sweep. Let er rip potatoxhip.

Preferreds have been inching up all week...accumulation due to stronger Trump polls???

FNMAS at it highest since end of January

completely wrong.

HOUSING AND ECONOMIC RECOVERY ACT OF 2008

RESTRICTION ON CAPITAL DISTRIBUTIONS.— page 2731
‘‘(1) IN GENERAL.—A regulated entity shall make no capital distribution if, after making the distribution, the regulated entity would be undercapitalized. The exception.

Quote: “Page 2732

EXCEPTION.—Notwithstanding paragraph (1), the Director may permit a regulated entity, to the extent appropriate or applicable, to repurchase, redeem, retire, or otherwise acquire shares or ownership interests if the repurchase, redemption, retirement, or other acquisition— ‘‘(A) is made in connection with the issuance of additional shares or obligations of the regulated entity in at least an equivalent amount; and ‘‘(B) will reduce the financial obligations of the regulated entity or otherwise improve the financial condition of the entity.’’.

NOTE: REPURCHASE, REDEEM, RETIRE...

WILL REDUCE THE FINANCIAL OBLIGATIONS OF THE REGULATED ENTITY.

Link: https://www.congress.gov/110/plaws/publ289/PLAW-110publ289.pdf