[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

[@midas79_](/creator/twitter/midas79_)
"@Fanniegate101 @revgalerivs @HoldenWalker99 @FHFA @BillAckman Not to mention @BillAckman is barking up the wrong tree. It's UST that'll decide fate of SPS. Why would comments on an at-best-tangentially-related FHFA site sway UST at all The purpose isn't to effect change. It's to pump $FNMA $FMCC shares. Don't be Ackman's exit liquidity"  
[X Link](https://x.com/midas79_/status/1978851161340887115) [@midas79_](/creator/x/midas79_) 2025-10-16T15:50Z XXX followers, XXX engagements


"@rule_of_law_guy @BillAckman The line of credit (funding commitment) has been in place since 2008 rendering your first sentence irrelevant. Again the original terms *prohibited* voluntary repayment and those terms were overwritten by the NWS (meaning SPS have NOT been paid off: 355B 301B)"  
[X Link](https://x.com/midas79_/status/1980261922118238350) [@midas79_](/creator/x/midas79_) 2025-10-20T13:16Z XXX followers, XX engagements


"@HoldenWalker99 @douroSpain100 Local shareholder continues to conflate good news for FnF w/good news for $FNMA $FMCC shareholders. *yawn* When one realizes it's easily possible that interests of the American people in the commercial and common are opposed instead of aligned that's when one glimpses the axe"  
[X Link](https://x.com/midas79_/status/1980267425372262530) [@midas79_](/creator/x/midas79_) 2025-10-20T13:38Z XXX followers, XXX engagements


"Good list. Notes: 1) "win/win for everyone" doesn't have to include current shareholders 2) UST gets more common div $$ w/higher % common ownership 3) No need to amend ERCF w/consent decree for divs 4) Paid-for backstop already exists in SPSPAs $FNMA $FMCC $FNMAS $FMCKJ"  
[X Link](https://x.com/midas79_/status/1973110344164786480) [@midas79_](/creator/x/midas79_) 2025-09-30T19:38Z XXX followers, 3131 engagements


"$FNMAI (6.75%) $FNMAJ (7.625%) $FNMAT (8.25%) have high fixed div rates none have call protection. $FNMAJ trades X% above $FNMAI but X% below $FNMAT & all are prime call/refi candidates if that route is taken. $FNMAJ is clearly the one to own of those X at current prices"  
[X Link](https://x.com/midas79_/status/1973781390530650190) [@midas79_](/creator/x/midas79_) 2025-10-02T16:05Z XXX followers, 1623 engagements


"The beat goes on. Liquid series $FNMAS $FMCKJ $FNMAT and other high div series $FNMAJ $FNMAI $FMCCT are having a nice day. Lower div series like $FNMAH $FNMAN $FMCCM $FMCCJ struggling though $FMCCN is up. $FNMFN not up as much but imo it is a good buy at $30.40"  
[X Link](https://x.com/midas79_/status/1974179215420555412) [@midas79_](/creator/x/midas79_) 2025-10-03T18:26Z XXX followers, 1222 engagements


"Here's another important quote from that piece. Note who isn't included in that list: current shareholders. ("investors" are those who would be buying shares in the IPO) Caveat emptor. $FNMA $FMCC $FNMAS $FMCKJ"  
[X Link](https://x.com/midas79_/status/1976296567570096492) [@midas79_](/creator/x/midas79_) 2025-10-09T14:39Z XXX followers, 3187 engagements


"This is a clear shot across the bow to current shareholders. IPO buyers won't be subject to many of these risks bc they won't buy while they exist (mainly the ones tied to UST and the SPS). 1/ $FNMA $FMCC $FNMAS $FMCKJ"  
[X Link](https://x.com/midas79_/status/1977555605104779696) [@midas79_](/creator/x/midas79_) 2025-10-13T02:02Z XXX followers, 2741 engagements


"Another much less obvious but potentially very important consequence of this tweet has to do with the jury trial that resulted in shareholders getting a small fraction of what they sought and is being appealed by FnF/FHFA. $FNMA $FMCC $FNMAS $FMCKJ 1/"  
[X Link](https://x.com/midas79_/status/1977560750991511936) [@midas79_](/creator/x/midas79_) 2025-10-13T02:23Z XXX followers, 3451 engagements


"@GSEHotline @BillAckman If a preferred share like $FNMAS or $FMCKJ has stated value/liq pref of $XX & holders get paid a $XXXX div does stated value/liq pref go down to $XXXXX No. It stays at $XX. The same reasoning applies w/SPS. SPS LP never went down when FnF paid divs bc that's how equity works"  
[X Link](https://x.com/midas79_/status/1978826359347515904) [@midas79_](/creator/x/midas79_) 2025-10-16T14:12Z XXX followers, XXX engagements


"@GSEHotline @BillAckman The words "principal"/"interest"/"owed" apply to loans not equity. SPS are equity not a loan Dividends don't pay down equity. All divs (pre & post NWS) were accounted for by reducing cash & retained earnings on the bal sht. That's why there's such a huge accumulated deficit"  
[X Link](https://x.com/midas79_/status/1978823358247469559) [@midas79_](/creator/x/midas79_) 2025-10-16T14:00Z XXX followers, XXX engagements


"@GSEHotline @BillAckman fwiw I'm not trying to be contentious either it's just that character limits prevent most niceties w/o splitting off threads like this. SPS non-repayability is a huge deal bc once one realizes that Ackman is wrong about it his entire $FNMA $FMCC ownership thesis collapses"  
[X Link](https://x.com/midas79_/status/1978832185143501151) [@midas79_](/creator/x/midas79_) 2025-10-16T14:35Z XXX followers, XXX engagements


"@BillAckman Bill stop lying to your fellow $FNMA $FMCC shareholders. You're embarrassing yourself. Original SPSPAs terms PROHIBITED redemption of the SPS. Every $ of the 301B was accounted for in FnF's 10-K/10-Q forms. SPS LP = 355B and 355B 301B. Do better"  
[X Link](https://x.com/midas79_/status/1978843061460271534) [@midas79_](/creator/x/midas79_) 2025-10-16T15:18Z XXX followers, 6597 engagements


"@Fanniegate101 @revgalerivs @HoldenWalker99 @FHFA A sure sign @BillAckman is negotiating from a position of weakness. No need for him to post if he had any actual power. It's unnecessary anyway. There were always going to be dozens of inane comments from unhinged $FNMA $FMCC shareholders. A few dozen more won't move the needle"  
[X Link](https://x.com/midas79_/status/1978848128540262693) [@midas79_](/creator/x/midas79_) 2025-10-16T15:38Z XXX followers, XXX engagements


"Don't be fooled by this. Section 3(b) is in the original stock certificate. The only change here was to allow for email notification instead of first class mail postage prepaid. It isn't huge news. It's a totally trivial change. $FNMA $FMCC 1/"  
[X Link](https://x.com/midas79_/status/1963997478358831538) [@midas79_](/creator/x/midas79_) 2025-09-05T16:07Z XXX followers, 2264 engagements


"FnF have NEVER had the ability to pay down LP increases due to draws & retained earnings from LAs (which account for entire LP other than initial $1B) while funding commitment exists. Even if NWS had never happened FnF couldn't pay down the LP. 2/"  
[X Link](https://x.com/midas79_/status/1963997480044872103) [@midas79_](/creator/x/midas79_) 2025-09-05T16:07Z XXX followers, 5232 engagements


"Day XXX. $FNMA $FMCC"  
[X Link](https://x.com/midas79_/status/1980268730538934275) [@midas79_](/creator/x/midas79_) 2025-10-20T13:43Z XXX followers, 1533 engagements