Do It Yourself Stock Investor

Fannie Mae / GSEs Stock Reviews

Fannie Mae / GSEs summaries of buy-side stock analysis. Some analysis is hosted at Seeking Alpha, DIYSI's primary editor. Some reviews are native to this site.

FannieGate GSE Documents

| by

Fannie Mae (OTC: FNMA) and Freddie Mac (OTC: FMCC) were long standing GSEs that once traded on the New York Stock Exchange. That was before an unconstitutional sweep of all profits was executed in a conservatorship arrangement. Fast-forward to the present, the GSEs have paid billions of dollars exceeding what was owed and still haven't been released from the pilfering scheme. Where did all this money go? Some had speculated it went to fund ObamaCare. The new U.S. Treasury Secretary, Steve Mnuchin later confirmed the speculation, "It is true. They used the profits of Fannie and Freddie to pay for other parts of the government while they kept taxpayers at risk.” Full article and document downloads.

The Recapitalization Of GSEs Is Gaining Momentum With Sanders' Campaign

by DIYSI
March 3, 2016

Flint will host the seventh primary debate for the Democrats on Sunday, March 6th. The obvious topic of debate will be the Flint water crisis, but the broader platform remains equality:

Although Senator Bernie Sanders has made the broader platform his mantra, the specific call for recapitalization of the Government Sponsored Enterprises (GSEs) has been indirect. Follow the link to read the article at Seeking Alpha.

News Release: Federal Government Increases Fannie Mae Funding And Proposes New Incentives

by DIYSI
September 09, 2015

The shareholder risks are outweighed by stock valuation and GSE wind-up. The buy rating is maintained.
On September 3, 2015, the Federal Housing Finance Agency (FHFA) released a 42-page report regarding the prominent government-sponsored enterprises (GSEs). Follow the link to read the full stock analysis for Fannie Mae & Freddie Mac.

Why I Think Fannie Mae Will Recover

by DIYSI
September 02, 2014

When Fannie Mae (OTCQB:FNMA) went into federal conservatorship I was not sure what all that would entail? Would it be the quick recovery and assistance program offered to General Motors (NYSE: GM)? The Executive Branch isn't renown for its lay term transparency. It includes oversight of many agencies including: FBI, TSA, CIA, NSA and Secret Service. The whole alphabet soup is our discreet protector; what you don't know, you don't need to know.

The Department of Treasury's activity with Fannie Mae has been difficult to understand. In the 2011 report to Congress, the intent was clear: "...ultimately, wind down both institutions." The narrative summarized the Government Sponsored Enterprises (GSEs) were Depression-era reforms and had run their course. They had allegedly strayed away from sound judgment in order to increase earnings for market traders. Much has changed since then. Read the full article at DIY Stock Investor.

Page Links
FannieGate GSE Documents, Why I Think Fannie Mae Will Recover, The Recapitalization Of GSEs Is Gaining Momentum With Sanders' Campaign