$FNMA #FANNIEGATE

Seven Years Of Analysis

After this past week, I wanted to finally put together a listing of everything I’ve done here just to try to see what it looks like. In the past seven years, I have written 212 published articles on Seeking Alpha alone. I’ve been wrong an awful lot about what I thought was about to happen in the past 7 years and I have the record to prove it. Even though I have been wrong about timing, the net worth sweep HAS stopped cash payments from going to Treasury now and the US Treasury has a commitment to restructure the equity so that they can raise money and there are a host of other telling preconditions in place. We are so much further along than we ever have been before but if you looked at the price you wouldn’t have any idea. I figure there can be an equity offering in Q4 2021.

1. The Final Countdown To Inauguration For PSPA Amendment –  Jan. 4, 2021
2. Fannie Mae And Freddie Mac SPSPA Prime Time –  Dec. 27, 2020
3. Fannie/Freddie Recapitalization Framework On Mnuchin’s Desk –  Dec. 17, 2020
4. A December To Remember: GSE Big Bang PSPA Amendment –  Dec. 6, 2020
5. Imminent Major GSE Equity Restructuring To Unlock Shareholder Gains –  Nov. 20, 2020 
6. The Big Bang – Restructuring Fannie And Freddie To Raise Capital –  Nov. 17, 2020 
7. Incoming Frannie Final Capital Rule Is Ignition Sequence For IPO –  Nov. 9, 2020
8. Calabria Uses Law To Stabilize GSE Earnings In Front Of Final Capital Rule –  Sep. 18, 2020
9. No Timeline Extension Great For Frannie Shareholders –  Aug. 28, 2020 
10. FHFA Rule: Increase Frannie Earnings To Prime Capital Raise –  Aug. 26, 2020 
11. Restructuring Frannie Equity Big Bang As Close As 90 Days –  Aug. 12, 2020 
12. Earnings Accrue To Frannie Capital Structures Prime Equity Only Restructuring –  Jul. 31, 2020 
14. Supreme Court Taking Shareholder Complaints Buys Calabria More Time At FHFA To Facilitate Frannie Capital Raise –  Jul. 16, 2020 
15. Considering The Possibility Of Pre-Election Fannie And Freddie Relisting –  Jun. 30, 2020 
16. Cheering Along Fannie And Freddie Underwriters –  Jun. 25, 2020 
17. Fueling Up The Frannie Rocket Launch –  Jun. 8, 2020 
18. 6 Months Until Big Bang At Fannie Mae And Freddie Mac – May 23, 2020 
19. Imminent Capital Rule To Positively Impact Fannie, Freddie Share Prices –  May 19, 2020 
20. Major Upside In CapWealth’s Frannie Subpar Preferred Recapitalization Plan –  Mar. 31, 2020 
21. Houlihan Lokey And FHFA To Work On Frannie Restructuring –  Feb. 10, 2020 
22. Fannie And Freddie Deadlines Front And Center –  Dec. 23, 2019 
23. Fannie/Freddie Research Report Dispells False Narratives –  Nov. 18, 2019 
24. Frannie: FHFA’s Financial Advisor And Restoring Rule Of Law –  Oct. 7, 2019 
25. This Week: GSE Capital Retention After 11 Years Of Drain –  Sep. 24, 2019 
26. Frannie Ruling: On Statutory Interpretation, Not Business Judgment –  Sep. 9, 2019 
27. Treasury Plan: GSEs Should Be Recapitalized ‘As Promptly As Practicable’ –  Sep. 6, 2019 
28. GSE Treasury Plan Before Senate Banking Committee Meeting –  Sep. 5, 2019 
29. Fannie And Freddie Treasury Plan Means ~50% Gains In <45 Days –  Aug. 9, 2019 
30. White House Corrects Fannie And Freddie Narrative –  Jul. 15, 2019 
31. Incoming Fannie/Freddie Stock Offering Plan Good For Existing Shareholders –  Jul. 1, 2019 
32. FHFA’s Calabria Says Common Will Continue To Trade –  May 24, 2019 
33. Treasury’s Phillips Says GSEs Have Paid Back Taxpayers –  May 20, 2019
34. FHFA’s Calabria: Fannie And Freddie IPO As Soon As 2020 –  May 10, 2019
35. Fannie And Freddie: October Named For Taking Capital Raise Steps –  Apr. 27, 2019
36. Have We Seen The Last Frannie Net Worth Sweep? –  Apr. 18, 2019
37. Otting Suggests Frannie Capital Raise From Trump Memorandum –  Mar. 29, 2019
38. Administrative Frannie Reform Initiated By Donald Trump –  Mar. 28, 2019
39. FHFA Director Change May Stop Fannie/Freddie Sweep Soon –  Mar. 13, 2019
40. Counting Down To Fannie/Freddie Plan –  Feb. 20, 2019
41. Time To Get Reform Done With Fannie And Freddie –  Feb. 4, 2019
42. White House Didn’t Walk Back Otting’s Comments On Fannie/Freddie –  Jan. 30, 2019
43. ‘Within Weeks’ Fannie/Freddie Recapitalization Plan Transcript Emerge –  Jan. 25, 2019
44. ‘Within Weeks’ – Fannie/Freddie Plan To Exit Conservatorship –  Jan. 24, 2019
45. GSE Stocks Moving On New FHFA Director Otting Comments –  Jan. 15, 2019
46. January 7, 2019 Could Sea Change GSE Investors –  Dec. 24, 2018
47. GSE Investors Wait For Watt To Leave FHFA –  Dec. 20, 2018
48. Calabria Nomination As FHFA Director Good For GSE Preferreds –  Dec. 13, 2018
49. Administrative Recapitalization Of Fannie And Freddie May Start Soon –  Dec. 3, 2018
50. Moelis Update: GSE Commons Could Be 10-Bagger –  Nov. 12, 2018
51. Fannie And Freddie Administrative Timeline Considerations –  Oct. 19, 2018
52. Past Motion To Dismiss! GSE Implied Covenant Claims Move Forward –  Oct. 2, 2018
53. Hensarling Says Administration Doesn’t Favor His GSE Wind Down –  Sep. 17, 2018
54. GSE Judges Aren’t Superheroes, But I Am –  Aug. 27, 2018
55. Differences Between FHFA’s Rule And Moelis GSE Blueprint Are Minor –  Aug. 9, 2018
56. Fannie Mae: The Boys Are Back In Town –  Jul. 18, 2018
57. FHFA’s GSE 3.24% Capital Proposal –  Jun. 14, 2018
58. Reviewing GSE Recapitalization Mechanics And Potential Outcomes –  Jun. 8, 2018
59. Redacted Complaint Analysis Reveals Clues About GSE Discovery Material –  Apr. 26, 2018
60. GSE Receivership Avoided –  Apr. 10, 2018
61. Timeline Considerations If Fannie And Freddie Are Recapitalized –  Mar. 22, 2018
62. Fannie And Freddie Can Never Leave Hotel California –  Mar. 12, 2018
63. Is The Freddie Mac Bailout A Faux Bailout? –  Mar. 2, 2018
64. Plaintiffs Say Letter Agreement Ensures Shareholders Get Nothing –  Feb. 19, 2018
65. Entirely Preventable GSE Bailout Not Prevented –  Feb. 15, 2018
66. Can Bob Corker Pass Housing Reform? –  Feb. 1, 2018
67. FHFA Enters GSE Reform Debate With Counter-Cyclical Perspectives –  Jan. 18, 2018
68. Sweeney Jurisdictional Discovery Complete As Government Concedes Point –  Jan. 12, 2018
69. Corker’s MBA GSE Proposal –  Jan. 8, 2018
70. Fannie And Freddie Legislation Sounds Intractable –  Jan. 5, 2018
71. Fannie And Freddie Are Here To Stay – Dec. 24, 2017
72. Fannie And Freddie: Capital Buffer Climax –  Dec. 5, 2017
73. Calling No Legislative GSE Reform In 30 Days A Failure –  Nov. 15, 2017
74. GSE Jumpstart Expires In Less Than 60 Days –  Nov. 6, 2017
75. Closed Hedge Fund Appeals GSE Woes To SCOTUS –  Oct. 18, 2017
76. GSE Capital: Buffer Vs. Recapitalization –  Oct. 9, 2017
77. Watt’s GSE Capital Buffer Dilemma –  Sep. 25, 2017
78. GSE Accounting Center Of Plan To Nationalize Housing –  Sep. 6, 2017
79. Taking Over Fannie And Freddie: Perjury Or Bust? –  Aug. 16, 2017
80. Amended Complaint Shows Government Lied To Public About GSEs –  Jul. 30, 2017
81. New Docs Undermine Government’s Legal Defense Of GSE NWS –  Jul. 25, 2017
82. Perry Reissue Legal Win For Fannie and Freddie Plaintiffs –  Jul. 18, 2017
83. Any Solution Will Be Dependent Upon The GSEs Being Capitalized –  Jul. 7, 2017
84. Is A GSE Bonanza Imminent? –  Jun. 14, 2017
85. Do Legal Losses Matter When GSE Reform Direction Changes? –  May 30, 2017
86. GSE Man Who Can Stop The NWS Suggests He Will –  May 12, 2017
87. Cash Flow Capture: How To Get Something For Nothing –  May 9, 2017
88. GSE Rehab: Rule Of Law Timeline Vs. Administrative Timeline –  Apr. 19, 2017
89. Going Concern Or Not Irrelevant To FHFA’s Nondelegation Doctrine Perspective –  Apr. 15, 2017
90. GSE Investors Love Treasury Turning Its Back On FHFA’s Constitutionality –  Mar. 26, 2017
91. DOJ’s Turn Against CFPB May Boil FHFA’s Net Worth Sweep –  Mar. 20, 2017
92. The Taxpayers-To-Tax-Collectors Conversion Scores Touchdown –  Mar. 6, 2017
93. GSE Preferred Shareholders Win Remand On Contract Claims –  Feb. 26, 2017
94. Freddie Mac Earnings Surprise: FAS 133 And What It Means –  Feb. 16, 2017
95. Protected Designation Removal: First Positive GSE Omen Of New Administration –  Feb. 15, 2017
96. Government Loses Battle Over GSE Secrecy – Investors Want Discovery –  Jan. 31, 2017
97. First Week Of February May Be Big For Fannie And Freddie –  Jan. 30, 2017
98. GSE Net Worth Sweep May Continue Into 2017 –  Jan. 26, 2017
99. Mnuchin Survives Anti-GSE Confirmation Hearing Questions –  Jan. 23, 2017
100. Mnuchin Senate Committee Hearing Thursday ‘Yuge’ For GSE Stakeholders –  Jan. 17, 2017
101. The Legal Twist For A Political GSE Resolution –  Jan. 11, 2017
102. Future Fannie Mae And Freddie Mac Grow Brighter Into 2017 –  Jan. 3, 2017
103. GSE Favorability Increases With Each Passing Day –  Dec. 22, 2016
104. Make Fannie And Freddie Great Again –  Dec. 13, 2016
105. GSE Net Worth Sweep Attracts Questionable Judgment –  Dec. 9, 2016
106. Mechanics Of Decoupling GSEs From Net Worth Sweep –  Dec. 6, 2016
107. Ding-Dong The Net Worth Sweep Isn’t Dead, Yet –  Dec. 1, 2016 
108. GSE Climate: Government Can’t Appeal When There Is No Ruling –  Nov. 23, 2016 
109. The Cost Of Waking Up From Fannie’s Seizure –  Nov. 20, 2016 
110. GSE Call Friday, FHFA’s Report, Prior CFO And New Appeal –  Nov. 16, 2016 
111. Trumping FHFA’s GSE Destroying Third Amendment Net Worth Sweep –  Nov. 13, 2016 
112. No Timeline Extension Great For Frannie Shareholders –  Aug. 28, 2020 
113. GSE Shareholder Fairholme Describes Maximum Delay Discovery Rigmarole –  Nov. 4, 2016 
114. Good Job To PricewaterhouseCoopers And FHFA For Settling GSE Lawsuit –  Nov. 1, 2016 
115. Department Of Justice Petition For Secrecy Hurts GSE Shareholders –  Oct. 28, 2016 
116. Fairholme Files Emergency Enforcement Motion Suggesting GSE Perry Ruling Imminent –  Oct. 27, 2016 
117. FHFA’s Emergency Motion To Compel Production Of GSE Settlement Agreement –  Oct. 26, 2016 
118. Respectively Is Implicit In 4617(A)(2) To Judge Ginsburg –  Oct. 24, 2016 
119. GSE Out Of Court Settlement More Likely Than Not –  Oct. 19, 2016 
120. FHFA Tries To Prevent GSE Lawsuit Settlement For Accounting Fraud –  Oct. 18, 2016 
121. The Smaller GSE Accounting Lawsuit Alleging Fraud Was Settled –  Oct. 14, 2016 
122. GSE Investors 11,292 Reasons To Smile –  Oct. 11, 2016 
123. United States Department Of Justice Weighs On GSE Accounting Lawsuits –  Oct. 10, 2016 
124. Judge Sweeney Ties Pre-Conservatorship Blackrock Documents To Capital Injection Forecasts –  Oct. 4, 2016 
125. GSE Shareholders: Waiting To See Redacted 81 Page Court Order –  Oct. 3, 2016 
126. Perry Capital – Even In Liquidation Won’t Sell GSE Preferreds… Yet –  Sep. 29, 2016 
127. Delaying Discovery May Come With Sanctions – Fannie And Freddie Lawsuits –  Sep. 25, 2016 
128. Government Sponsored Enterprise Investor Tim Pagliara Appeals Dismissal Of Freddie Mac Case To 4th Circuit –  Sep. 22, 2016 
129. Motion To Compel: Granted – Great News For All GSE Investors –  Sep. 21, 2016 
130. GSE Accounting: Pro Government Legal Filings Are Unnerving –  Sep. 15, 2016 
131. FHFA Notices Saxton: FHFA Has No Fiduciary Duties To Shareholders –  Sep. 14, 2016 
132. GSE Land: Lamberth Guides Pratt, Cacheris, Robinson And Now Sleet –  Sep. 13, 2016 
133. This Is The Song That Never Ends – GSE Edition –  Sep. 12, 2016 
134. Fannie And Freddie Investors File Amended Delaware Complaint –  Sep. 8, 2016 
135. FHFA Falsely Floccinaucinihilipilificates Fannie Mae, Freddie Mac And Their Shareholders –  Sep. 4, 2016 
136. Fanniegate: FHFA’s Circular Reasoning Defeats Its Earlier Arguments –  Sep. 1, 2016 
137. 100% Of The GSEs For Zero Consideration Is Great For Tax Collectors –  Aug. 29, 2016 
138. Pagliara Freddie Mac Lawsuit Suffers Unconstitutional Blow –  Aug. 24, 2016 
139. Fannie Mae And Freddie Mac’s Coup D’état –  Aug. 18, 2016 
140. New GSE Accounting Fraud Lawsuit Legal Filing Great For Shareholders –  Aug. 16, 2016 
141. Government’s 2011 Plan To Deal With GSE Public Preferreds Exposed –  Aug. 14, 2016 
142. GSE Investors Battle To Expose Kangaroo Courts And Potemkin Villages –  Aug. 10, 2016 
143. Tick Tock: Time Dwindles Before GSE Legal Ruling In Appeals Case –  Aug. 8, 2016 
144. GSE Upside: PricewaterhouseCoopers Showed FHFA How To Implement Capital Draws –  Aug. 4, 2016 
145. GSE Conservatorship: Looks Like A Nationalization, Smells Like A Nationalization –  Aug. 2, 2016 
146. Abductive Reasoning: The Government Theft Of Fannie Mae And Freddie Mac –  Jul. 29, 2016 
147. Lawyers Digging Into GSE Dirt Find Gold – Proof Of Covering Up Facts –  Jul. 25, 2016 
148. GSE Equities: I Don’t Want To Say I Told You So –  Jul. 18, 2016 
149. Betting Courts Have Jurisdiction Over Stolen GSEs Seems Reasonable –  Jul. 15, 2016 
150. Senators Who Advocate Shorting GSEs Fear Unilateral Action That Ends Conservatorship –  Jul. 8, 2016 
151. If The GSEs Weren’t Stolen To Begin With, There May Not Have Been This Massive Opportunity Before Us –  Jul. 6, 2016 
152. Fannie Mae And Freddie Mac Plaintiffs Allege Companies Are Treated Like Government ATM Machines –  Jul. 1, 2016 
153. FHFA’s Hostile GSE Takeover Of GSEs Laid Out In Discovery Documents –  Jun. 27, 2016 
154. GSE Equity Set To Escape Government Death Grip –  Jun. 21, 2016 
155. Post Oral Arguments Legal Filings Demonstrate Value In GSE Equity Securities –  Jun. 17, 2016 
156. Fair Judge Testing Presidential Privilege Assertions In GSE Lawsuits Bodes Well For GSE Investors –  Jun. 12, 2016 
157. Government Admits Return In GSE Legal Filing –  Jun. 10, 2016 
158. Stealing Fannie Mae And Freddie Mac –  Jun. 9, 2016 
159. The Beginning Of The End Of The Fannie And Freddie Capital Crisis –  Jun. 8, 2016 
160. Fannie Mae And Freddie Mac: If Net Worth Sweep Dies, Potential Upside Is Huge –  Jun. 4, 2016 
161. MDL Victory For GSE Plaintiffs Means Court Back In Session –  Jun. 3, 2016 
162. Judge Sweeney Order Tempo Good For GSE Plaintiffs –  Jun. 2, 2016 
163. Mounting Trail Of Evidence Proves Fanniegate Community Is Probably More Right Than Wrong –  May 31, 2016 
164. Forensic Accounting Confirmed By Discovery –  May 27, 2016 
165. Administration Takes GSE Profits Like Candy From A Baby –  May 23, 2016 
166. FHFA’s Eleventh Hour 4623(D) Defense Reflects 4617(F) Failure: GSE Equity To Soar –  Apr. 25, 2016 
167. Fannie Mae Ruling In 6-9 Weeks Means Multi-Bagger Potential In Short Order –  Apr. 18, 2016 
168. Fannie Mae Deposition Supports GSE Investment Thesis –  Apr. 13, 2016 
169. Double Bind FHFA Legal Arguments Undermining Ownership Rights Set To Collapse –  Apr. 11, 2016 
170. Self-Awarded, Exclusive Dividends As Part Of Conservator Powers: Perry Capital Appeal Says No –  Mar. 21, 2016 
171. A New Lawsuit Seeks To Inspect Books And Records Of Fannie Mae Under DGCL –  Mar. 15, 2016 
172. $60 Billion Of Deferred Tax Assets At Freddie Mac Subject To Allegations Of Manipulation –  Mar. 10, 2016 
173. FHFA May Have Committed Accounting Fraud To Favor Government Takeover –  Mar. 2, 2016 
174. Fannie And Freddie Plaintiffs Tap White House –  Feb. 16, 2016 
175. How New Evidence May Impact DC District Ruling On Fannie And Freddie –  Feb. 9, 2016 
176. Treasury May Stop Taking All Of Fannie And Freddie’s Capital –  Feb. 3, 2016 
177. Fannie Mae Lawsuit Updates Bode Well For Shareholders –  Jan. 22, 2016 
178. Fannie And Freddie Have Made $15B/annum Combined Since Conservatorship Started –  Dec. 23, 2015 
179. Multiple Groups Fight For Return Of Fannie And Freddie –  Oct. 30, 2015 
180. Fannie Mae Common Shares May Have Little Upside –  Oct. 1, 2015 
181. GSEs – 7-Year Anniversary Of Conservatorship –  Sep. 8, 2015 
182. The Saga Of Fannie And Freddie: Legal Updates And Firm Liquidations –  Aug. 19, 2015 
183. Enron And Watergate Used In GSE Legal Docs Filed By Government –  Aug. 12, 2015 
184. 16 Answers To Fairholme’s 16 Questions On The GSEs –  Jul. 30, 2015 
185. 10,000+ Discovery Documents Mark Big Win For GSE Investors –  Jul. 27, 2015 
186. FHFA Writedowns Continue To Be Greatest Threat To GSE Investment Thesis –  Jul. 19, 2015 
187. Involving Securities Law Professionals With GSE Lawsuits Amplifies Scrutiny –  Jul. 8, 2015 
188. New York Times Motions For Transparency On Behalf Of Fannie And Freddie –  Jul. 1, 2015 
189. Blame Excellent Financial Conditions For Fannie And Freddie Conservatorship –  Jun. 29, 2015 
190. Ugoletti’s Testimony Calls Into Question Evidence, Bodes Well For Fannie Mae –  Jun. 26, 2015 
191. New Analysis Shows Fannie Mae Didn’t Need A Dime –  Jun. 24, 2015 
192. GSE Credit Risk Sharing Paves Path To End Conservatorship –  Jun. 22, 2015 
193. All Dollars Are Created Equal: FannieGate –  Jun. 15, 2015 
194. New Motion To Dismiss Surfaces Against Fannie And Freddie Investors –  Jun. 10, 2015 
195. Fannie And Freddie Legal Woes Are Big Shows –  Jun. 4, 2015 
196. Looking Forward To Fannie And Freddie Appeal –  May 26, 2015 
197. Rising Rates Will Buoy GSEs And Related Stocks –  May 7, 2015 
198. Fannie And Freddie’s 100% Tax Gets The Spotlight –  Apr. 14, 2015 
199. Let The GSEs Pay Us Back Act Of 2015 –  Mar. 16, 2015 
200. Fannie Mae And Freddie Mac Earnings Analysis –  Feb. 21, 2015 
201. The Fannie And Freddie Recapitalization Plan –  Jan. 20, 2015 
202. Fannie Mae – ‘4 Documents, Produced In Discovery’ –  Dec. 19, 2014 
203. Fannie Fourth Amendment To Come Before The End Of 2017 –  Dec. 1, 2014 
204. U.S. Treasury Spokesman Says Only Way To End Conservatorship Is Legislation –  Nov. 23, 2014 
205. Frannie Short Interest Is Skyrocketing –  Nov. 14, 2014 
206. Ackman Bets On $100+ For Fannie And Freddie – New All-Time Highs –  Oct. 20, 2014 
207. Fannie Mae Legal Ruling Expedites Endgame –  Oct. 6, 2014 
208. Fannie Mae Ruling Means Ackman’s Valuation Is Now $100-$250 –  Oct. 1, 2014 
209. Now Is Always The Time To Buy! –  Sep. 11, 2014 
210. It’s Independence Day For Fannie And Freddie –  Jul. 6, 2014 
211. Fannie Mae And Freddie Mac Are Undercapitalized –  May 18, 2014