Freddie Mac (NASDAQOTCBB:FMCC)
A stockholder-owned corporation chartered by Congress to create a flow of funds to mortgage lenders. Purchases certain residential mortgages that it finances by issuing mortgage pass through securities and debt instruments in the capital markets.
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Recs
northforkfool
(78.99)
Submitted: 5/25/2013 12:29:58 PM :
Start Price:
$1.35
FMCC Score:
+109.33
Wednesday, April 24, 2013
“The Daily Show host Jon Stewart ripped Congress for weakening a recently approved law that subjected lawmakers to the same insider trading laws as every other American.”
Does this action by Congress have anything to do with FMCC & FNMA stock price?
Recs
NoDoughBro
(69.72)
Submitted: 5/22/2013 10:34:20 PM :
Start Price:
$1.63
FMCC Score:
+72.22
It's alive...ALIVE I TELL YOU!
Recs
erwegoup
(< 20)
Submitted: 5/15/2013 12:59:45 PM :
Start Price:
$1.35
FMCC Score:
+108.70
The housing market is stabilizing quickly!
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Anatolian26
(< 20)
Submitted: 5/1/2013 11:58:57 PM :
Start Price:
$0.82
FMCC Score:
+238.92
I will get back to this.
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MegaShort
(99.95)
Submitted: 4/11/2013 1:35:58 PM :
Start Price:
$0.79
FMCC Score:
-251.53
The 2012 amendments to the SPSA makes it clear that there is no path to viability for Fannie and Freddie equity. Functionally, the government has 100% ownership and the traded shares are worthless.
http://fhfaoig.gov/Content/Files/WPR-2013-002_2.pdf
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navychop2
(43.98)
Submitted: 4/3/2013 8:19:16 AM :
Start Price:
$0.96
FMCC Score:
+188.73
Sustained housing recovery, continued low interest rates, and increased employment = increase in home buyers who need FMCC and FNMA
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Unshiftable
(< 20)
Submitted: 3/29/2013 9:32:46 PM :
Start Price:
$0.72
FMCC Score:
+286.34
As interest rates increase in the housing industry back to the 7 and 8 percent mark after being held down, even properties that default on current low rates will be easier to resell for a profit. They will be getting higher interest rates for these properties on the resale.
Recs
Sooner1will
(79.86)
Submitted: 3/23/2013 9:58:09 PM :
Start Price:
$0.80
FMCC Score:
+245.95
Easy money on hype alone.
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Tyrone85
(95.32)
Submitted: 3/20/2013 5:33:46 PM :
Start Price:
$1.14
FMCC Score:
+139.68
$ 10. per share 2014
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kthor
(71.30)
Submitted: 3/20/2013 11:22:32 AM :
Start Price:
$0.55
FMCC Score:
+401.23
bought @.35 coast basis ....long term 30 yr investment? idk lol
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saintmarket
(91.69)
Submitted: 3/18/2013 9:56:10 PM :
Start Price:
$0.55
FMCC Score:
+401.23
With almost a 100 billion in revenue is a bargain at a penny stock price. I don't see how the government will replace these companies without affecting the housing market. Is just a matter of time to see when the lawmakers react to the cruel reality in which we need the fannies.
Recs
ovejaspen
(< 20)
Submitted: 3/18/2013 6:43:37 PM :
Start Price:
$0.51
FMCC Score:
+441.96
Low Evaluation Increasing Market
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andrewstrate
(72.99)
Submitted: 3/18/2013 12:49:35 PM :
Start Price:
$0.55
FMCC Score:
+404.57
Look like a good buying time. Maybe let it cool off and let people sell out and take their gains then buying looks interesting.
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alberta911
(76.63)
Submitted: 6/14/2010 5:40:02 AM :
Start Price:
$1.53
FMCC Score:
+46.92
Finally doubled down on Freddie Mac (FRE) shares today
WOW, you know I have been following this stock for a long long time and I decided NOW was the best time to double down..
I was lucky I bought my shares for $1.23
I was worried I would miss out since it has been steadily climbing thanks to the Russell Reconstitution
My Mom has all of her retirement in FRE stocks and she was getting a little worried, but this morning I told her
"Don't worry Ma, it's gonna be Okay FRE is getting of conservatorship and you will start to get your dividend checks very soon."
And it can't be soon enough.
Ma needs a new hip.(Thank you Mr. President for the free health care)
She broke it about 10 years ago after test driving a Pontiac Aztec..... It was just too low to the ground for her...
So anyway... to make a long story short... I cashed out the rest of the remaining equity line on my house today and bought some more shares.
I also racked up $50 000 more shares on my new visa and master card while I am waiting for my British Petroleum Oil Spill Check...(Gesh this BP adjuster is SLOW but my President is coming to kick his ass)
Never mind that I am underwater on my first mortgage (damn interest only loan), but I figure with what I make off this stock, I will be just fine.
My broker wasn't too thrilled and he actually tried to discourage me...again
I am guessing he just didn't want me to get in on a good thing!
I mean come on....he works behind a desk at a bank... and not a very good bank either (formerly WAMU) so what does he know!
So the way I am figuring.... by the time this stock soars, I will have made enough money to buy me a 2011 Hummer H3
It's higher off the ground, so Ma can get in it easier (on account of her bad hip).
I am just happy gas prices are back down below $4 a gallon FOR GOOD now too (thank you Mr. President for that sweeping financial reform and killing off those evil speculators for me)
I am just SO SO excited that I was able to get more credit to double down on my position (thank you Mr. President for getting the banks to lend again)
........gosh and am so lucky.... I just don't know what to do next..... Maybe I will buy a time-share in Detroit!
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Victorsmall1975
(< 20)
Submitted: 4/29/2010 12:26:14 PM :
Start Price:
$1.52
FMCC Score:
+48.33
The housing markets are improving in major metro areas. Job market is rebounding and the interest rates are low.
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joesly8
(47.76)
Submitted: 4/24/2010 8:39:48 PM :
Start Price:
$1.53
FMCC Score:
+47.99
If it's not abolished it will soon make the kind of profits it once did and will outperform the market while it comes back.
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brickcityman
(< 20)
Submitted: 4/16/2010 2:57:18 PM :
Start Price:
$1.50
FMCC Score:
-49.19
attempting to play whackamole while furthering my cause of becoming bottom fool
Recs
stockman57
(< 20)
Submitted: 12/30/2009 3:44:18 AM :
Start Price:
$1.51
FMCC Score:
+38.98
Democrats love their free money for the poor pitch. Afree home for everyone it's your right.
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