FMCCT News and Press, Freddie Mac 6.42% Perp Pfd From 04/25/21

According to the government's lawyers in front of the Supreme Court, the anti-injunction clause only bars claims not being with objective rational justification taken to preserve and conserve assets. Prior case law seems to suggest that the government's path to victory was based on th...

FHFA's Mark Calabria responds to industry concerns of shrinking footprint saying that Fannie and Freddie cannot legally knowingly take risk against PSPAs. In other words, he is saying that the PSPAs are not capital, he argues that there are misperceptions out there that think that the...

A few months late last year and early this year, investors have been dumping their portfolios of GSE equity securities because Mnuchin didn't take decisive action. The last 30 days seem to show a renewed focus and enthusiasm for Fannie and Freddie equities with buying starting to come...

Investors Unite leader Tim Pagliara has been on the front lines of shareholder rights for Fannie Mae and Freddie Mac shareholders and filed lawsuits on behalf of shareholders. Tim published a 276-page book on Fannie and Freddie and gives exclusive scoops from key players who have grea...

Bruce Berkowitz’s 13F stock portfolio value increased this quarter from $653M to $1.24B. The portfolio value almost doubled as St. Joe Company had a stunning stock performance this quarter. The 13F portfolio is mostly invested in St. Joe Company. For further details s...

Fox News' Charles Gasparino says look at Brookings paper by Mike Calhoun and Lou Ranieri for future of Fannie and Freddie. This paper advocates for a writedown of the senior preferred liquidation preference that currently is blocking forward progress towards raising third party capita...

Carl Icahn’s 13F portfolio value increased from $17.37B to $20.06B this quarter. They added Bausch Health and Dana Corp. while reducing Cheniere Energy. Icahn Enterprises, Occidental Petroleum, and CVR Energy are the three largest positions. For further details see: ...

John Paulson’s 13F portfolio value increased from $3.21B to $3.85B this quarter. Paulson & Company's largest three positions are Horizon Therapeutics, Bausch Health, and BrightSphere Investment Group. The stake in Barrick Gold was more than doubled during the quarter. ...

Bill Ackman’s 13F portfolio value increased from $8.82B to ~$10B this quarter. Pershing Square marginally decreased most of the stakes this quarter. The largest three 13F positions are Lowe's Companies, Chipotle Mexican Grill, and Restaurant Brands. They together account fo...

Fannie Mae management is very excited about the PSPA Amendment as it moves them towards eventually exiting conservatorship. Fannie Mae management says that the best way to protect taxpayers is to become investable attract risk capital from the private sector. Freddie Mac meets all...