Fannie And Freddie Likely Secondary Offering Huge For FNMAS

Glen Bradford4.81K FollowersFollow5ShareSavePlay(15min)CommentsSummaryFannie Mae and Freddie Mac have built record net worths exceeding $170B combined after years of retaining earnings post-conservatorship.I recommend junior preferred shares like FNMAS, which could reach $25+ on dividend resumption or conversion, based on pro forma IPO valuations.Administrative action, not legislation, is expected to drive the end of conservatorship, with key Trump appointees leading the process.Recent political commentary is less relevant than the ongoing administrative strategy, which has been in motion since 2019. MarianVejcik/iStock via Getty Images Fannie Mae (FNMA) and Freddie Mac (FMCC) were put into conservatorship in 2008 but have been on their path out of conservatorship via retained earnings since 2019. The government currently has aThis article was written byGlen Bradford4.81K FollowersFollowGlen Bradford MBA contributes to Seeking Alpha primarily to read people's negative feedback so that he can avoid generating unnecessary losses. "Uncertainty will certainly work for me." - Glen Bradford March 2009.Glen wishes you a bright sunny warm day filled with smiles, laughter, and love.The Supreme Court got it wrong, which is sad, but it's not over yet.Analyst’s Disclosure: I/we have a beneficial long position in the shares of FMCCG (14,771), FMCCH (2,055), FMCCI (6,135), FMCCJ (68,017), FMCCK (2,652), FMCCM (13,660), FMCCN (9,229), FMCCO (1,692), FMCCP (15,940), FMCCS (154,519), FMCCT (8,646), FMCKI (6,204), FMCKL (1,949), FMCKP (1,812), FNMAH (1,893), FNMAO (50), FNMFN (9,117), FNMFO (5), FREGP (773), FREJN (100) either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.