FNMFO News and Press, Fed Nat Mtg Assn Pfd From 10/07/22

Summary Carl Icahn’s 13F portfolio value decreased from $21.87B to $20.86B this quarter. They reduced Cheniere Energy while increasing Southwest Gas Holdings. Icahn Enterprises, CVR Energy, and Cheniere Energy are the three largest positions. This article is p...

Summary Shareholders have survived the government's motion for summary judgment, as Judge Lamberth has paved the way for shareholders to get paid for harm under the net worth sweep. This claim is going to trial. The trial is scheduled to begin this month and last two weeks. Th...

Summary Bruce Berkowitz’s 13F stock portfolio value decreased this quarter from $1.72B to $1.21B. They increased Commercial Metals, Enterprise Products Partners, and Citigroup during the quarter. The 13F portfolio is mostly invested in St. Joe Company. ...

Summary John Paulson’s 13F portfolio value decreased from $3.25B to $2.03B this quarter. Paulson & Company dropped SPDR Gold ETF and Exxon Mobil while increasing Horizon Therapeutics. The top three positions are at 43% of the portfolio. This article is part of...

ROP v. FHFA could rule anytime but is largely expected in October-December, and appeals court judges seem to openly disagree with the lower court's interpretation of the law. The breach of contract claims are evolving with new pre-trial statements and damages models, making a potentia...

Bill Ackman’s 13F portfolio value decreased from $10.39B to $7.46B this quarter. Pershing Square dropped Netflix at a loss in April after holding it for just two months. The largest three 13F positions are Lowe's Companies, Chipotle Mexican Grill, and Restaurant Brands. The...

Federal National Mortgage Association (FNMA) Q2 2022 Results Conference Call July 29, 2022 8:00 AM ET Company Participants Pete Bakel - Director, External Communications David Benson - President, Interim CEO Chryssa Halley - CFO Presentation Operato...

I am projecting AGNC will report a combined extremely notable unrealized loss on the company’s on-balance sheet MBS/investments for the second quarter of 2022 (mainly fixed-rate agency MBS). Generic 15- and 30-year fixed-rate agency MBS coupons had extremely notable price decre...

Lamberth originally planned to rule on the government's motion for summary judgment around July 11. Trial has been rescheduled which seems to imply that he plans to rule against the government's motion for summary judgment. The stock market does not price Fannie and Freddie junior...

Sandra Thompson was sworn in as Director of FHFA June 22. FHFA has finalized lots of rules to prepare Fannie and Freddie for life outside of conservatorship, with Thompson as acting director. With FHFA having taken what appear to be all the steps necessary for admin reform that it...