Fannie/Freddie 2026 May Be The Year They Go Private. Get In Early.

[glenn walker]

Bill Ackman lays out good reasons why the GSEs may finally be let out of receivership in late 2026. The Fed's own the largest holdings in Warrants IE long term options on shares. If the Fed's get the stock listed on NYSE or Nasdaq that would give trading liquidity for big hedge funds and mutual funds to buy and sell. That event along with becoming public again could result in a 200% to 400% gain for buyers at today's prices.

I'm going to buy a small 1,000.00 share block next week and just sit on it. Just a gut feeling the Fed's are going to finally do it and very quietly and the 3.6 is the platform for the new company's users.

 

[Bobby Bucks]

Ackman is a bright guy, this is worth watching, I’m going to search Michael Burry’s comments to see what his view is.

 

[Zoe]

I don't know. You could ask @DWiley what he thinks. He may have insider info. He probably has like stock as some type of employee incentive.

The way I see it is if they go broke again, the government will own them, but that could be lucrative too based on book value. If they are broke again, it could be total loss too on stock investment.

If government took them over, they would buy on book value. Sometimes buyers pay more than book value and sometimes less than book value.

 

[Elliott]

AI: Overall size and structure
• Fannie Mae
• Total liabilities in early 2025 are about $4.25 trillion.
• Almost all of this is interest‑bearing liabilities tied to its guaranty book of business.
• Freddie Mac
• Total liabilities in early 2025 are about $3.35 trillion.
• Likewise, the vast majority are interest‑bearing liabilities related to consolidated trusts and corporate debt.

Fannie Mae net income (2025)
• Fannie Mae reported net income of about $3.9 billion for Q3 2025.
• That Q3 figure was up from roughly $3.3 billion in Q2 2025, driven mainly by lower credit‑loss provision and lower non‑interest expenses.
• Management highlighted cumulative earnings growth since 2020, with net worth reaching about $105.5 billion as of September 30, 2025, supported by sustained quarterly profitability.
Freddie Mac net income (2025)
• Freddie Mac reported net income of about $2.8 billion for Q1 2025, a small increase versus Q1 2024.
• For Q3 2025, Freddie also reported net income of about $2.8 billion, down around 11% year‑over‑year due mainly to a credit‑reserve build versus a reserve release the prior year.
• Freddie’s Q3 2025 earnings materials show $5.7 billion of net revenues and net worth around $68 billion, reflecting continued profitability despite the higher credit provision

......................
I'm sure someone will tell investors that 'sh** doesn't smell.'

Compared to Apple:
"Apple’s fiscal year 2025 (ended September 27, 2025) net income was $112 billion, up about 20% year-over-year.
Total liabilities for the same fiscal year were approximately $352 billion, including accounts payable, accrued expenses, deferred revenue, commercial paper, term debt, and other obligations."

Rumor is that Apple will be coming up with a flip phone (big screen).

 

[Zoe]

You have foreign investors too in the mix that would love to own a gse. Profit would not be the incentive based on book value. Understand I am your landlord now. I am in China, Russia. North Korea.

 

[Zoe]

You have foreign investors too in the mix that would love to own a gse. Profit would not be the incentive based on book value. Understand I am your landlord now. I am in China, Russia. North Korea.

 

[glenn walker]

AI: Overall size and structure
• Fannie Mae
• Total liabilities in early 2025 are about $4.25 trillion.
• Almost all of this is interest‑bearing liabilities tied to its guaranty book of business.
• Freddie Mac
• Total liabilities in early 2025 are about $3.35 trillion.
• Likewise, the vast majority are interest‑bearing liabilities related to consolidated trusts and corporate debt.

Fannie Mae net income (2025)
• Fannie Mae reported net income of about $3.9 billion for Q3 2025.
• That Q3 figure was up from roughly $3.3 billion in Q2 2025, driven mainly by lower credit‑loss provision and lower non‑interest expenses.
• Management highlighted cumulative earnings growth since 2020, with net worth reaching about $105.5 billion as of September 30, 2025, supported by sustained quarterly profitability.
Freddie Mac net income (2025)
• Freddie Mac reported net income of about $2.8 billion for Q1 2025, a small increase versus Q1 2024.
• For Q3 2025, Freddie also reported net income of about $2.8 billion, down around 11% year‑over‑year due mainly to a credit‑reserve build versus a reserve release the prior year.
• Freddie’s Q3 2025 earnings materials show $5.7 billion of net revenues and net worth around $68 billion, reflecting continued profitability despite the higher credit provision

......................
I'm sure someone will tell investors that 'sh** doesn't smell.'

Compared to Apple:
"Apple’s fiscal year 2025 (ended September 27, 2025) net income was $112 billion, up about 20% year-over-year.
Total liabilities for the same fiscal year were approximately $352 billion, including accounts payable, accrued expenses, deferred revenue, commercial paper, term debt, and other obligations."

Rumor is that Apple will be coming up with a flip phone (big screen).

It's a trade not a good investment so the fundamentals are not a factor. Your in early before the crowd shows up and your out early.

 

[Zoe]

It's a trade not a good investment so the fundamentals are not a factor. Your in early before the crowd shows up and your out early.

Idk dog. If you could talk with some insiders, they may have a clue. Many foreign investors invest in a stock when it goes public.

Even if there was a restriction on the stock, a foreign investor could still buy locally on insider trading. If a foreign investors buy the majority of stock? then what happens.

I looking at if from global standpoint. What if foreign investor(s) become majority stock holder in a GSE? I am looking at it like that could happen one way or another with insider trading.

Can I buy you out? How much? Okay. Thanks. No problem.

Lets do this slowly. Keep putting your shares on the market and I will bump it and buy it. Put some more on and I will buy it and bump it. I will own this GSE soon.

 

[BRCJR]

I don't know. You could ask @DWiley what he thinks. He may have insider info. He probably has like stock as some type of employee incentive.

Would that be akin to insider trading?

 

[Non Sequitur]

I don't believe anyone wants to give up control. Just look at what happened today, waive the wand and the GSEs are commanded to buy $200B in mortgage bonds.