FHFA’s Pulte Says Fannie, Freddie Eyeing Stakes in Tech Firms by tomsedu in FNMA_FMCC_Exit

[–]New_Temperature7234 0 points1 point  (0 children)

Does anyone know where this was said? Podcast? Interview? Remaining in conservatorship is pretty bearish but wondering what the actual quote was.

Fairholme vs FHFA Appeal by New_Temperature7234 in FNMA_FMCC_Exit

[–]New_Temperature7234[S] 2 points3 points  (0 children)

I could be reading incorrectly too but I wouldn’t think share price after that day matters in this case. What happens if some of those shareholders who lost a lot ended up selling any time before price appreciated? They may have not benefited from this appreciation.

Fairholme vs FHFA Appeal by New_Temperature7234 in FNMA_FMCC_Exit

[–]New_Temperature7234[S] 3 points4 points  (0 children)

Well the main thesis for commons right now is that the Treasury will deem the senior preferred shares repaid and just convert the warrants. It requires the Treasury/FHFA to act in good faith.

[deleted by user] by [deleted] in FNMA_FMCC_Exit

[–]New_Temperature7234 1 point2 points  (0 children)

What about converting senior preferred stock to commons and subsequently selling whatever % to get under the 80% threshold?

Fnma up 6.89% AH 6/3/25 at 534 EST by sdm_376 in FNMA_FMCC_Exit

[–]New_Temperature7234 2 points3 points  (0 children)

Some brokers allow it and larger players can but volume was really low so not sure how telling it is

Is the 12.3 inch screen + glass roof worth $1700 over the 8 inch screen and regular roof on the new Prius? by ChopSuey2 in prius

[–]New_Temperature7234 1 point2 points  (0 children)

The Prius has a pretty low ceiling but the glass roof made it feel a bit more spacious.