$FNMA $FMCC
Always a treat to get a late night drop from @michaeljburry with a reminder of his long Fannie Mae position.
If you're not into Fannie Mae & Freddie Mac, you'll soon wish you were.
Dr. Burry, @BillAckman, & all the cool kids are doing it!
https://t.co/SMiAAAknqy
Recently, Trump made comments suggesting that Fannie Mae $FNMA and Freddie Mac $FMCC could be worth over $1 trillion combined (only $11.65B combined market caps currently). It is possible that the administration is interested in eventually ending the FHFA conservatorship that began during the 2008 financial crisis 🚨
The original purpose of the conservatorship was to stabilize the companies and eventually return them to normal operation. The government injected money and received senior preferred shares and warrants for roughly 79.9% ownership in the "F2" companies.
Since then, both firms have returned to profitability & rebuilt substantial capital. Many investors, such as Bill Ackman, argue they have long since met the original goals of conservatorship. Ackman has argued that exiting conservatorship could create hundreds of billions in value.
What do you guys think? Is this a potential 50-100x your money opportunity? Or a load of fluff? Are you guys loading any $FNMA $FMCC shares? 🤔
🚨 JUST IN: PRESIDENT TRUMP WANTS ACTING DNI BILL PULTE TO CARRY OUT MASS FIRINGS — WSJ
LFG 🔥
Now we know why the Deep State and establishment senators are panicking...
"I think there are a LOT of people in there that shouldn't be there [in the Intel community]," Trump told WSJ
Trump says he wants @Pulte to "start the process" of firings 👀
Make it happen!
Is admin silent if TRUMP was talking LAST NIGHT about $fnma $fmcc .. and a week ago pulte said all is load and ready to go. .. and a week ago we are listed as ONLY us otc stock on robinhood?
1 trillion !!! That means share is $500/share
The hit pieces on $FNMA $FMCC are not random. This is the old housing crowd, the policy class, and their media friends trying to protect the story they have been selling for years.
@nytimes is quoting Jim Parrott like he is some neutral expert. These are the same people who defended the structure that drained these companies and kept them trapped.
Now with @business we get BOK saying to put the GSEs back inside the government “isn’t a big change at all” and is just “a return to their roots.” That is absurd, and it tells you exactly how they think: permanent government control is fine, the sweep should be memory-holed, shareholder rights are a nuisance, and two of the most important financial companies in the world should be treated like dead wards of the state instead of immensely valuable franchises that were bled for years.
KBW floating ~$200B for the whole business, roughly 6x current earnings, is the same game: lowball the asset and make release look reckless.
But if Trump pulls this off, the public is going to see what really happened. The old story collapses, and a lot of very comfortable people are going to have some explaining to do heading into the midterms.
The swamp is shaking in its boots. They now why Pulte is acting head of DNI and they are desperate to stop the plan for Fannie Mae and Freddie Mac.
https://t.co/XzUkqM2Gpm
@Alec_Mazo You arent calculating what US Fintech is worth, no one is! Fannie and Freddie are the owners of that technology and are selling it to the world!
.@POTUS on @pulte: "He's very smart. He's a person who's got high integrity. He's done a fantastic job... and it's an Acting position. He's not going to be permanent because I don't think he'd want to be permanent. But he's a very smart guy."
$FNMA $FMCC
Nothing is random with @realDonaldTrump.
@pulte's new assignment as DNI is bigger than Fannie Mae & Freddie Mac...though that future is bright...blindingly bright.
If you’re paying attention, you’ve been witnessing the systematic dismantling of the deep state for the last year and a half.
Whether it's election fraud, government fraud, illegal immigration, Iran, etc...Trump is cleaning house. And yes...Epstein justice is coming as well.
Just like F2...Pulte is locked, loaded, and ready to go. That's why panic has set it.
Bad actors...my condolences.
$FNMA $FMCC
@MariaBartiromo this AM w/@RepRickCrawford on @pulte's additional role as Acting DNI.
"Democrats say Pulte has no national security experience, but President @DonaldTrump says his work leading Fannie Mae & Freddie Mac will overlap with these new responsibilities."
Crawford gives us a great reminder of the unsavory characters in the intelligence community that were “vetted“.
Let Pulte cook.
@TylerEHand@SnagsLewis1978@pulte Bessent today when asked if he told Pulte he was going to punch him in the face, no I told him I was going to kick his ass! Lol
$FNMA $FMCC
If I were a former US president who had worked feverishly to conceal 11k documents pertaining to Fannie Mae & Freddie Mac to hide my theft & corruption…I’d be a little uneasy with @pulte being named acting DNI.
Hypothetically, of course.🔥
https://t.co/xBlB6Xp1pb
🔻 Trump just moved the man who has seen every mortgage, every bank record, and every financial transaction of his enemies — into the chair that controls all 18 intelligence agencies.
Bill Pulte. Head of Fannie Mae. Head of Freddie Mac. The man who oversees every home loan in America.
Today he was appointed Acting Director of National Intelligence.
The media is laughing. "A housing guy running intelligence?" They think it's incompetence. They think Trump made a mistake.
They don't understand what just happened.
For 18 months, Pulte has had access to the mortgage files of sitting congressmen. Exposed fraudulent property claims by political operatives. Opened investigations into financial records that were supposed to stay buried.
One congressman filed a federal complaint last week — claiming Pulte accessed his CONFIDENTIAL mortgage files without authorization.
He didn't deny it.
Now that same man sits above the CIA. Above the NSA. Above the FBI. Above every classified database in the United States.
A man who already knows WHERE they live, WHAT they own, WHO paid for it, and WHICH names are on the deeds — now has access to WHERE they travel, WHO they call, and WHAT they hide.
Tulsi didn't leave because of her husband. She left because her part was FINISHED. The intelligence community has been restructured from the inside. The next phase does not require a diplomat. It requires a forensic accountant with top-secret clearance.
The hunt doesn't begin when you see the arrest. It begins when the man reading the files changes.
The man just changed.
June 9. First sealed indictment unsealed.
⟁
Forward this before it disappears.