FMCKP News and Press, Freddie Mac 5.70 Pfd From 09/09/21

John Paulson’s 13F portfolio value remained steady at $4.35B this quarter. Paulson & Company's added DiDi Global & increased Occidental Petroleum while reducing Viatris and dropping Takeda. The top three positions are at 45% of the portfolio. For further detai...

Fannie Mae and Freddie Mac are government sponsored enterprises and have been used by prior administrations since conservatorship for their money to fund the government and government programs. Mark Warner, a senator who has a history of trying to end Fannie and Freddie, has proposed ...

Federal Home Loan Mortgage Corporation (FMCC) Q2 2021 Earnings Conference Call July 29, 2021 09:00 AM ET Company Participants Jeffrey Markowitz - Deputy Chief Administrative Officer Michael DeVito - Chief Executive Officer Chris Lown - Chief Financial Officer Conference Call Participants Pres...

The following slide deck was published by Federal Home Loan Mortgage Corporation in conjunction with their 2021 Q2 earnings call. For further details see: Federal Home Loan Mortgage Corporation 2021 Q2 - Results - Earnings Call Presentation

Plaintiff legal arguments begin to incorporate the public record of the Trump administration trying to recapitalize Fannie Mae and Freddie Mac. Plaintiffs say that because Trump couldn't fire Director of FHFA Melvin Watt, Trump's team was not able to complete housing finance reform. ...

I'm projecting AGNC will report a combined minor unrealized gain on on-balance sheet MBS/investments for the second quarter of 2021 (mainly fixed-rate agency MBS). Lower coupon generic 15-year and 30-year fixed-rate agency MBS coupons had modest-notable price increases during the quar...

Now that the Biden administration has complete control over Fannie Mae and Freddie Mac, they have begun to implement reforms starting with the elimination of the adverse market fee. The focus of the stock market and many existing shareholders has been on what we lost instead of what w...

The Supreme Court ruled that FHFA can take or do whatever it wants to do based on its interpretation of the law. The APA claims are dismissed, which means that this is primarily a takings case which belongs in the Court of Federal Claims. There is a lawsuit for that, there is a la...

Fannie Mae and Freddie Mac preferred and common shares were wiped out after Treasury department bailouts, yet some had hope of litigation. The US Supreme Court decision leaves shareholders with no good remaining arguments. Be careful of political stock picking! For further d...

Bruce Berkowitz’s 13F stock portfolio value decreased this quarter from $1.24B to $1.21B. The portfolio value remained almost steady this quarter. The 13F portfolio is mostly invested in St. Joe Company. For further details see: Tracking Bruce Berkowitz's Fairholm...