The biggest fraud to date was committed by our own government in looting $301 billion of Fannie Mae & Freddie Mac equity. No need for new laws. Right to private property is already in the 5th Amendment to the US Constitution which you swore to uphold. @POTUS @DirectorPulte

@CaliRefugee1 Appreciate you Ephraim! Trying to move from just talking about release to HOW we get lower rates NOW for Main Street. BOTH $FNMA $FMCC winning = volume > margin. Means housing moves again. 🙏

FULL BREAKDOWN - How Each Step Lowers Rates & Why Investors/Taxpayers Still Win (For BOTH Fannie & Freddie): 1. CUT G-FEES & LLPAs TEMPORARILY - BOTH (Instant 0.30-0.50% off borrower rate) G-fee = annual insurance (~50-65bps) both charge lenders, passed to borrower. LLPA = upfront fee by FICO/LTV. 2022 FHFA added ~50bps extra on BOTH. Cutting = instant payment relief for homebuyers. How they still profit: VOLUME > MARGIN. Lower fee on $2T volume > higher fee on $1T frozen market. 2. CUT CAPITAL RULE 4% → 2% - BOTH (Free ~$150B+ combined to buy MBS) ERCF 4% is worst-case buffer. Banks hold 4-5% on riskier assets. 2% is safe for agency MBS. Frees capital for BOTH to support market and buy MBS. Reversible to 2.25-2.5% when rates fall. 3. RAISE RETAINED PORTFOLIO $225B → $500B EACH - BOTH (Tighten spreads 25-40bps) Current $225B cap is per company. Fed QT selling $35B MBS/month keeps spreads wide = high rates. Let BOTH absorb supply (up to $1T combined), spreads tighten = lower 30yr directly for homebuyers. 4. MAKE RETAINED EARNINGS PERMANENT - BOTH (Fannie $116.5B + Freddie ~$60B = ~$176B Combined = Core Capital) Right now if EITHER retains earnings, liquidation grows $1 for $1 per Letter Agreement. Should count as core capital for BOTH, not grow Treasury claim. Instant recap for BOTH, no taxpayer cost. This capital is what lets them cut fees for homebuyers. 5. DEEM SENIOR PREFERRED PAID - BOTH (Drew ~$193B Combined, Paid $300B+ Combined, Liquidation ~$385B Combined) Technical fix for BOTH. Drew ~$191B total, Paid $300B+ dividends, Liquidation now ~$385B combined with add-ons. Treasury already made ~$100B profit. Deem face paid for BOTH, credit overage to capital. Ends overhang. Taxpayer still holds 79.9% warrants in BOTH = upside. 6. UPLIST BOTH TO NYSE + EXPAND CRT - BOTH (Raise $75B+ each, $150B+ combined) OTC can't raise efficiently. NYSE lets BOTH raise equity/preferred at 5% not 8%. CRT sells credit risk to private (Blackstone/PIMCO) lowering capital need for BOTH. RESULT - MAIN STREET & HOMEBUYERS: This is about homebuyers first. Lower 30yr 0.75%-1.25% = ~$300-$600/month lower payment on a $400k-$500k loan. That's the difference between renting forever and owning. For first-time buyers, move-up buyers, and families stuck on sidelines - this brings them back. Housing moves again = builders $DHI $LEN $PHM build, construction jobs back, $HD $LOW furniture movers title companies busy. Counter-cyclical & reversible: Trade margin for volume while rates high. When rates fall, FHFA can raise fees/capital 10-20bps on 2x volume. Homebuyers win NOW, workers win NOW, $FNMA $FMCC investors & taxpayers win bigger LATER via volume + warrant value. --- Illustrative estimates only, based on my own calc from 10-Qs, FHFA ERCF, Fed H.4.1. Actuals may vary. Policy proposal for discussion only. Not financial advice, IMO. Not affiliated with FHFA, Treasury, Fannie Mae or Freddie Mac.

What is the total dividends @DirectorPulte has withheld from wounded warriors who are Fannie Mae and Freddie Mac shareholders by continuing with the COMMUNIST takeover of these corporations by our government?

Release us

Well said @GuidoPerei - Lost at jury unanimously, lost at Appeals unanimously, still fighting. $301B taken from private owners in a TEMPORARY 18yr conservatorship. Where's the 5th Amendment defense? $FNMA $FMCC

How about Americans' right to own private property? Why are Fannie Mae & Freddie Mac still in a TEMPORARY conservatorship after our government has already looted $301 billion of their equity? Why does COMRADE @DirectorPulte fight the unanimous Jury & Appeals Court verdicts?

FHFA is making a last-gasp effort to overturn the $612 million jury award in Fairholme Funds v. FHFA by petitioning for an en banc hearing. If, as expected, the DC Circuit rejects the petition, the Supreme Court is the government’s last chance. insidemortgagefinance.com/ar…

$FNMA $FMCC Full interview this afternoon on "Making Money" with @cvpayne and @FHFA Director/Fannie Mae & Freddie Mac Chairman @pulte. Take what you will from their final exchange 🔥🔥🔥... Pulte: "We are tackling this problem (housing affordability) every day. It’s alot of fun here in Washington, Charles. You'll have to come visit." Payne: "I will. I’ll come down and see you real soon. Maybe we could break that Fannie Mae news together...wink, wink." Pulte: "That would be fun." With IPO season upon us, this shareholder is beyond bullish!

I was not aware Pershing Square $PS owns 90 million common shares of Freddie Mac almost 15% of the company $FMCC $FNMA

@POTUS @DirectorPulte @SecScottBessent

@POTUS @DirectorPulte @SecScottBessent FREE FANNIE! FREE FREDDIE! MAGA!

@Pulte @SecScottBessent Respectfully – why 2.5% ERCF (even 2.25%) is enough for $FNMA $FMCC and helps lower mortgage rates: IMO We have $194.5B combined today (Q2: $116.5B FNMA + $78B FMCC). At 4.0% = $328B required = $134B shortfall. That $134B has to be earned via high g-fees for years = kept in your mortgage rate. At 2.5% = $205B required = $10B short. Basically done. Frees room to CUT g-fees and lower rates. At 2.25% = $184.5B required = $10B surplus. Already recapped today. Why is 2.5% safe? - Loans >80% LTV require PMI, and PMI holds ~2.5% per PMIERs for the risky slice. - <80% LTV is 753 FICO, 0.58% delinquent = safest book. - Plus CRTs transfer first loss to Wall St. - Plus $254B Treasury backstop. If 2.5% is safe for PMI on risky loans, why does Fannie need 4% for safer loans + CRTs + backstop? Agency MBS is 20% risk weight vs 100% for bank loans for a reason. At 2.5% recap is essentially done, supports IPO feasibility in 2027, brings private capital back, protects taxpayers, and creates room to lower mortgage rates. WIZE MARKETS Research Long $FNMA $FMCC | IMO / Not Financial Advice / Educational

DAMN HYPOCRITE! You head an agency that committed $301 billion fraud against it's wards! You still fight in court to uphold the fraud. FREE FANNIE! FREE FREE FREDDIE! MAGA! @POTUS @SecScottBessent @BillAckman @michaeljburry

In 2008, 221 years later, CROOKED BUREAUCRATS decided to usurp the US Constitution and takeover private property under guise of TEMPORARY CONSERVATORSHIP. FREE FANNIE! FREE FREDDIE! MAGA! @POTUS @DirectorPulte @SecScottBessent @BillAckman @cassand

@POTUS @DirectorPulte @SecScottBessent @BillAckman @michaeljburry piped.video/watch?v=oBA1ZI…

Crazy. (1) Freddie Mac-No Politics (FMCC): This analysis implies that Trump (and Re...

Fannie Mae and Freddie Mac - The 18 Year Hostage - Will FNMA FMCC be released, and when ? piped.video/watch?v=oBA1ZINm…

@SecScottBessent Release Fannie Mae and Freddie Mac already! It's been 18 years of theft from shareholders. Sign a letter agreement already! You hold the key! @DonaldTrump @pulte @howardlutnick