Fannie Mae (QB) (FNMAH) Noticias

Div=$1 if # of shares triples as Net income tripled from 2006 to 2024


I think $1-$2 is in line with Ackman's $30-$35 stock price. As a utility stock, a $11B-$12B payout based on $17B earnings would not be unreasonable. With a full warrant exercise, 9B shares would receive about $1.25-$1.35 per share. Paying a 4%-5% dividend would reasonably put FNMA in the $25-$33.75 range. Also, the 79.99% warrant figure is an UP TO amount. If they chose to exercise the warrants they don't have to go whole hog. But the big question, of course, is whether or not they go beyond the warrants.

Nats

49% of large pizza is bigger than 79% of small pizza

Gov will make more money if it takes 49% of GSE compered to 79% of GSE because investors will be scared to invest in a company where gov controls 79% of shares.

Div=$1 if # of shares triples as Net income tripled from 2006 to 2024

Average Net Incomes from 2002 to 2006 was $5B, Now it's $17B. If net income is $15B after paying fee for LOC, still net income is tripled in 2024 compared to 2002 to 2006. If number of shares tripled then also also dividend will same as 2006 which is $1.

IF that the case that will make the share price around $200 when it released ..??

$8 by Friday.

Well, if a good dividend stream results from the GSE’s,

I was going to answer somewhere along these lines. It would be reasonable for the GSEs to pay out about $20B per year as dividends. They may pay more or less, but the attractiveness of the stocks' dividends will be the star feature to buyers and drive a healthy demand for our shares as well as a healthy dividend for those of us who choose to keep them. So I would not assume this SWF stuff is a one and done hit and run for the Gov't. They can collect the dividends and/or sell as they see fit. And for us, it would have the opposite effect of the Gov't. dumping all or a large portion of their shares on the market at once to cash out. Shares would remain scarce and desirable and the dividends healthy.

I would rather see this SWF stuff go away - at least in terms of our shares - as the Government's incentive to take as much as possible goes up. But it is what it is, and does have a silver lining for those of us that have the intent of a long term hold. But I just don't see the Government being a hit and run shareholder if they slap it in the SWF.

Nats

Given YOUR scenario - GOVT exercises some or all of the warrants (causing shareholder equity dilution), places them into the SWF, doesn’t sell them, but collects the dividends just like us.

Congrats your dividends are diluted based on how many warrants the GOVT exercises. That could be a lot. You might be OK with that - but I’m not. Go figure…

Well, if a good dividend stream results from the GSE’s, there would be little if any incentive for the gov’t to sell the SWF shares. In fact, it could be the incentive for the gov’t to push for as high a dividend as possible, also benefitting the legacy shareholders. The interests of both could be very much aligned. Thoughts?

Don’t over complicate this - your brain is already working too hard. It’s a figure of speech. Nothing more, nothing less. Go figure…

No we don’t know any details at this point because it too early. Only speculation. Take it all with a grain of salt. Go figure…

I've been figuring out all the things you have
in mind when, at the end of your postings,
you say, "Go Figure..."

SWF is getting a lot of traction here. Do we know what the composition of this one will be? It's quite speculative at this point.

https://en.wikipedia.org/wiki/Sovereign_wealth_fund

https://www.visualcapitalist.com/largest-sovereign-wealth-funds-in-the-world/

GLTA

You’re not wrong. It’s still dilutive though. Which if no one can buy them it would keep the non-SWF shares high. Selling would get weird when the GOVT converts shares to cash. It’s an interesting thought. If they trim it slowly it would be easy to absorb the selling without too much downward pressure. It’s still dilutive. Time will tell. We’re not too far away from clarity. What’s a few more months or couple years. We’ll know the direction within the next 4 months. If not, that’s not good. Go figure…

My thinking is that with the gov’t’s shares locked up in the SWF, they would not be available for liquidation. So the remaining float held by legacy investors could end up in a “strong demand” position.

What are you trying to figure out?

I been tryin' to figure things out, and in, figurin' things up and figurin' things down so by now i have it figured out, in, up, and down:
You is a Nut Job, bar none

He’s green. Must mean we make bank that day! There’s no other answer for it!

Would you please provide an allocation of that $1.56T across which of the TBTF will be responsible?

We’ll start there then I’ll have some more questions (which I already have ready). I’m going to try a different approach with communicating with you. Go figure…

May the 4th be with you ! .... Yoda

If the USG tries to take more of FNF there will be more lawsuits.
Fisher's case has already said that the warrants are not part of their lawsuit, but should the government try to exercise the warrants then the warrants will be added to the lawsuit. Hearing will be April 2, I believe.

F&F will Be A Recipient of SWF from TBTF.

The TBTF Banks owes $1.56 Trillion back to the ABS/RMBS investors of which F&F is an investor like Lehman and WaMu and numerous Retirement funds.

The Derivatives Market insured the ABS/RMBS security’s against losses.
Now they have to pay up.

That will put F&F in the Black Ink.



Ron

The proposed U.S. Sovereign Wealth Fund announced via an executive order by President Donald Trump on February 3, 2025.
The funding timeline for the U.S. Sovereign Wealth Fund remains unclear because it is still in the planning phase. The executive order directed the Secretary of the Treasury, Scott Bessent, and the Secretary of Commerce, Howard Lutnick, to develop a plan for its establishment within 90 days—by May 4, 2025 .This plan is to include how the fund will be financed, but as of now, no concrete funding mechanism or date has been finalized or publicly detailed.

Potential funding sources mentioned by Trump and administration officials include revenues from tariffs on U.S. imports and monetizing existing government assets. However, the U.S. currently faces a significant budget deficit (projected at $1.9 trillion for fiscal year 2025) and a national debt of approximately $36 trillion, which complicates the availability of surplus funds typically used to seed such funds. Unlike nations with commodity-based surpluses (e.g., Norway’s oil-funded Government Pension Fund Global), the U.S. does not have an obvious excess revenue stream to immediately allocate. Some speculation suggests selling public lands or redirecting existing funds (like the Social Security trust fund), but these ideas remain unconfirmed and would likely require congressional approval, adding further uncertainty to the timeline.

Treasury Secretary Bessent has indicated the fund could be set up within 12 months from February 2025—potentially by February 2026—but this refers to its establishment, not necessarily when it will be fully funded. Actual funding would depend on legislative action, the scale of the fund (Trump has suggested a target approaching or exceeding $2 trillion), and the chosen financing method, none of which have been finalized.

In short, while the plan is due by May 4, 2025, there’s no specific date for when the U.S. Sovereign Wealth Fund will be funded. It hinges on the forthcoming proposal and subsequent political and economic decisions, likely extending beyond mid-2025 at the earliest.

That's encouraging! Fiderer likes to spar with Whalen.

The Sovereign Wealth Fund was announced on February 4.  Bessent and Lutnick were given 90 days to figure out the logistics and then announce the details.  We all know for a fact the GSEs will be an integral part of this SWF.  Mark your calendars.

Where is the deadline coming from

Mar 28
Go Fannie Mae - All The Way - Freddie Mac - Load Up and Don't Look Back
Recap of our PPS since Mar 7 which was Day 39 of over $5 when we were at $5.84. Then the next trading Day (Mar 10)) we went BELOW $5 to $4.91, but rebounded swimmingly the next Day (Mar 11) to $5.19 and hit $6.11 on Mar 14...
Mar 28 - $6.70 – 5,985,439 down 31 cents - TODAY
Mar 27 - $7.01 - 5,469,580 - up 9 cents
Mar 26 - $6.92 - 9,576,797 - down 39 cents
Mar 25 - $7.31 - 13,849,144 - up 21 cents - Today
Mar 24 - $7.0879 - 16,707,951 - up 71 cents
Mar 21 - $6.38 - 8,510,618
Mar 20 - $6.25 - 8,037,839
Mar 19 - $6.03 - 8,071,667
Mar 18 - $5.65 - 10,339,547
Mar 17 - $5.82 - 9,309,100
Mar 14 - $6.11 - 16,518,200
Mar 13 - $5.50 - 5,951,400
Mar 12 - $5.65 - 9,589,600
Mar 11 - $5.19 - 10,480,900
Mar 10 - $4.91 - 16,783,700
Mar 7 -- $5.84 - 23,007,600

Bessent and Lutnick must disclose their plans for the Sovereign Wealth Fund by the May 4th deadline.  I strongly believe that on this date May 4 the details of our release will be revealed.  The big one.  Mark this date on your calendar or forehead or wherever.  I believe it is a Sunday.  Therefore the trading week May 5-9 will be just wild and out of control.  Six weeks to go.

Was curious to see who Pulte follows on X. Discovered two interesting names:

David Fiderer
Bethany McLean

McLean hasn’t written anything favorable to us in a very long time, but Fiderer posts constantly. I hope Pulte pays attention.

3 and out.

Huh, is that your argument...Are you comparing Cat man to Pulte, lol.
Did Catman transfer, fire, demote, promote anyone, I don't remember having any news about that at all.

But, for the past 2 weeks, Pulte has kept me busy reading a lot. I saw more cat pictures than anything relevent from Catman.

Does that sound like a guy who's going to slow down to a subordinate...

imo

Fnma

Latest Bill document ...

Say it isn't so

anyone but cat man do nothing

we don't need this do nothing but make things more complicated person anywhere

near this GSE release, cap rule, etc

Someone tweet calamari out to Pulte so he gets fired asap (his bad actions and do nothing but concrete shoes the GSE's)

TIA

Donald Trump will release two agencies and will cash out billions to put in currently zero balance Sovereign Wealth Fund. Only by releasing two agencies he can have billions in the SWF and start investing here and there. He must release two agencies as soon as possible to show Americans what SWF is. The same model that Abu Dhabi Dubai Saudi wealth fund doing by investing government's money and making billions more

Oops I linked the wrong X tweet.  This is the correct one.
@BillAckman what's your take on Craig Phillips being let go from Freddie and Calabria's potential involvement in GSE affairs at OMB? Would love to hear your thoughts on these developments!$fnma $fmcc— Mars Centurion (@dragonstoscale) March 28, 2025

Like it or not The Calamari is back.
@BillAckman what's your take on Craig Phillips being let go from Freddie and Calabria's potential involvement in GSE affairs at OMB? Would love to hear your thoughts on these developments!$fnma $fmcc— Mars Centurion (@dragonstoscale) March 28, 2025 ;

Sadly this is true.  I have now switched to unicorns.

I stick my GSE long balls out, we get relist news tonight....come on, Pulte, you can do it!!!!

FNMA

LOL - I did have some pretty crazy days back in my consulting years. Go figure...

why would a SWF hold forever ?

While a SWF being set up in a country with a deficit will burn all types of new trails ----- the typical such fund (Arab oil countries? Norway ? and the state of Alaska ?) is funded with SURPLUS money - money collected by a GOV (the party setting up the SWF) that it does not need to or want to spend that year. As time marches on the country - state - may find lots of things current net income does not fund and will use the money in the SWF to include parts of the principal or all of it)

The January Pact - may well turn out to be important

IMO it seemed to be in the right direction but - bluntly - repeating what was already there for the most part

It did not get attention on this IH board because it was done by the BIDEN folks at FHFA and Treasury ---- and also done so very late in the Biden administration as to make one scratch one's head

Nahhhhhhhhhhhh. Way more pro release than 2017 and it is not even debatable. You can debate it if you want, but I won't bother. I'm not gonna waste my time. You also said this did not seem important to the Trump team or it would already be done by now. That suggests that it won't get done and I do not believe that at all. I don't know what is coming next. True. With that said, I believe strongly that I will not lose money and that I have a decent chance of making a substantial amount of money long term. I could be wrong.

Fannie kisses Freddie
DJIA - 41,590.08 -709.62 (-1.68%)
NASDAQ - 17,317.58 -486.45 (-2.73%)
S&P 500 - 5,577.90 -115.41 (-2.03%)
Russell 2000 - 2,023.22 -42.48 (-2.06%

Market maker gotta make money too

Took out the stops hahahah

Warn us next time. Made me spill my coffee.

Is that why whales no longer come when No Whale Balls blows his horn?

A.I. Bot.....Go Figure

our new Vasectamundo Sheriff BILL ! - you're FIRED !

... I'm your Huckleberry !

He had balls...but chose to have them removed.lol
FNMA

I used to work on Wall St. Go figure...

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it's a Bankok Earthquake Sale ! ... BUY BUY BUY !



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You're a little late on the double dog dare. Many of us already did that a long time ago.

We have balls...you have imaginary walls.