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Federal National Mortgage Association (FNMA)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.6700-0.0080 (-1.18%)
At close: 03:59PM EDT
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  • B
    Black
    ***ALL LAWSUITS WILL BE DISMISSED ON MONDAY, MAY 23RD*** So says our negotiator, maestro, legal expert and financial advisor and presumptive fiduciary: Carlos Vignote.

    Let the countdown begin!
  • R
    Rodney
    Thinking I will send the United States Treasury a Bill for payment for my share of the companies.

    Fannie Mae Common Stock $215.87 Per Share
    Freddie Mac Common Stock $338.43 Per Share

    If the FHFA and Treasury are determined to keep the companies in perpetual conservatorship pay the Shareholders fair market value compensation. The Treasury has been paid in full plus interest. Between the two companies over $301 billion has been sent to the Treasury. Fannie and Freddie’s senior preferred stock has been repaid and the Treasury’s liquidation preference should be canceled.

    Fannie Mae
    EARNINGS POWER OF THE BUSINESS
    Fair Market Value $250 Billion
    Fannie Mae’s common stock outstanding 1,158,087,567

    $4.4 billion net income for the first quarter of 2022.

    Fannie Mae’s net earnings 4.4 billion per quarter, a projection of 17.6 billion net per year. I think the Market would willingly pay a Market Cap of 250 billion easily for that amount of earnings: 250 billion / 17.6 billion = Price to Earnings Ratio 14.20 fair value.

    Market Cap 250 billion / 1,158,087,567 = $215.87 Per Share Intrinsic Value.

    JPS $19 billion par value

    The liabilities on the books of $4.2 trillion is backed by real property, it's not liabilities at all, tangible assets.

    Freddie Mac
    EARNINGS POWER OF THE BUSINESS
    Fair Market Value $220 Billion
    Fannie Mae’s common stock outstanding 650,059,553

    $3.8 billion net income for the first quarter of 2022.

    Freddie Mac net earnings 3.8 billion per quarter, a projection of 15.2 billion net per year. I think the Market would willingly pay a Market Cap of 220 billion easily for that amount of earnings: 220 billion / 15.2 billion = Price to Earnings Ratio 14.47 fair value.

    Market Cap 220 billion / 650,059,553 = $338.43 Per Share Intrinsic Value.

    JPS $14.1 billion par value

    The liabilities on the books of $2.9 trillion is backed by real property, it's not liabilities at all, tangible assets.
  • G
    George Huang
    We must set up a shareholder rights protection organization, each of 100,000 shareholders will contribute 100 USD. Set up a fund office, and use 100 people every day at the doors of the Ministry of Finance and FHFA, holding placards {Return private property to shareholders} No socialism
  • B
    Black
    The JPS holders have OTHER OWNERSHIP INTEREST in an enterprise. Under their contract specifications. They cannot be considered shareholders. https://mobile.twitter.com/CarlosVignote/status/1527671122568814592
  • H
    Huettner
    The 5 Best Solar Stocks To Buy For SKY HIGH GAINS! For details https://youtu.be/MeTH2V7xmhk
  • R
    Rodney
    If the Shareholders had someone with clout to contact the FHFA and the Treasury Dept: We need a Shareholders meeting. Complaining on the Board every day is not working! Maybe Navy Commander over on the Hub, or Tim Howard or Someone's Senator or Congressman.

    I would love to talk personally with Yellen. This insanity must stop. The Treasury has received $301 Billion from the companies, 14 years and counting.
  • B
    Black
    ***BOOM*** More briefs filed by the corrupt parties in the Lamberth's court. After the judge refused to reply their April 28th proposed amended scheduling order, the parties (Fairholme and atty Hamish Hume and FHFA-FnF) have filed numerous briefs without respose from the court or even briefs in response to the other plaintiff's brief. Thus, all one direction comunications that just aim to create judicial news, like fhfa stating in a brief that it thinks that the trial will last 2 weeks. Huh? Today, the parties have filed sealed motions because they are ashamed about their content. GOAL: More investors are engaged with the illiquid JPS, instead of buying the real thing, the common stocks. The JPS are for fools.
  • c
    curly
    Me and 50 cent are heading to Miami for the Beach Party
    Bullish
  • G
    Gabe
    My guess, that shareholders reward issue would be resolved in 2022, after July 11th trial.
    Don't pay any attention to the group of shareholders "friends", who are here on assignment 24/7.
  • S
    Stamped
    The damages for an Implied Contract claim are fiction, according to a British law firm.
    This is where the hedge funds' claim has ended up: an implied contract, which refers to the contract specifications that aren't written anywhere. So, all made up. The Mafia's playground.
    Only the most corrupt people, like the crazy plaintiff Joshua Angel and his 30 different IDs (@Gabe, @VakueGuy, etc) cheer up this case in the Lamberth's court.
  • B
    Black
    ***EXCLUSIVE*** ALL THE LAWSUITS WILL BE DISMISSED ON MAY 23.
    Judge Sweeney stole the Fairholme case and the 11 related cases from judge Schwartz, in order to stay the dismissal "until they become unappelable" in the Supreme Court, which occurs 90 days after they were dismissed in a Final Judgement by the Appellate Court for the Federal Circuit.
    There is no proof that the plaintiffs have requested an extension of time to file the petition for writ of certiorari in the Supreme Court, where they would have to state the reason. There is a user in other message board posting a fake conversation with the controversial attorneys, the almighty David "the govt has to come to me" Thompson and newly star Hamis Hulme Hassim Hobberh Hushhush.
    Once they are dismissed definitely, there is only the case in the Lamberth's court, whose claim is fiction: implied contract.
    Therefore, what will be left is the Secret Plan according to the law. The only plan that upholds all the statutory provisions concealed by the corrupt plaintiffs (Restriction on Capital Distributions, etc) and carried out thanks to the FHFA-C's Incidental Power "in its best interests". A licence to lie.
    There is plenty of information about this plan, like 13 clues outlined on the #Fanniegate hashtag: FHLBanks' 1989 UST backup at a 0% rate as part of their congressional bailout, the original UST backup as a last resort in the FnF's Charter, etc.
    Follow the daily in-depth anaylsis in the famous hashtag.
  • A
    Anthony
    We're losing to a government the same way that same government caused the indigenous natives to lose their homeland. That government moved the natives out of their home like they moved shareholders from their interest in the privately owned companies. The government made treaties with the natives that turned out to be nothing but lies. The government won't even have a conversation with shareholders of a company they put into a Conservatorship to save the companies. LIES again on top of lies, that the government history plain and simple.
  • c
    curly
    1 cent closer to $240 PPS
    Bullish
  • A
    Anthony
    A newly formed agency FHFA put the GSE's under Conservatorship. The agency that FHFA took over must have been lacking the ability to manage their operations while regulating the housing financial system. So why weren't they placed in Conservatorship instead of just changing their name? The GSE's could've changed their name too. Why no legal due process, just legislative and administrative action being the only hope of ending Conservatorship? Why wasn't there a Congressional committee to investigate this Conservatorship?
  • W
    Warrior Boat Shoes
    Another 52 week low! Audemirs, how’s the Secret Plan Negotiator working out for you?
  • W
    Warrior Boat Shoes
    ***Boom*** Secret Brainwashed
  • A
    Anthony
    The government could close the business and be first in line using Senior Preferred to drain capital.
  • W
    Warrior Boat Shoes
    Very quiet on the
  • G
    Gabe
    If All of lawsuits will be dismissed on Monday, why FHFA today oppose Berkley’s request for a jury trial in July.
    Is today a payday, probably it's the reason, that all of the shareholder's "friends" appear in the same reply
  • c
    curly
    Now for a bottle of red as we watch this go to 50 cents
    Bullish
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