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muriel_volestrangler

(106,175 posts)

2. How come "mortgage giant" Fannie Mae's share price has been a rollercoaster ever since The Rapist's election?

Reply to ruet (Original post)

Sat Mar 28, 2026, 01:11 PM

Saturday

https://uk.finance.yahoo.com/quote/FNMA/

On 28th Oct 2024 it was about 1.3 (before then a fair amount of variation, but slowly, and there had been the interest rate changes); by 11th Nov 2024 it was 3.2. By 13th Jan 2025 it was 7.0; by 8th Sep 2025 14.6. By today, it's come back down to 4.86.

If it's a "giant" in a market with an underlying base of literal bricks and mortar, how come it varies like it's a betting market? Because it makes damn fool decisions like accepting bitcoin for house deposits?

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Highlight:

Mortgage Giant Fannie Mae Will Soon Accept Crypto-Backed Homebuying Loans [View all] ruet Saturday OP

Yeah, this will end well... hunter Saturday #1

I know ... what could possibly go wrong? FakeNoose Saturday #6

How come "mortgage giant" Fannie Mae's share price has been a rollercoaster ever since The Rapist's election? muriel_volestrangler Saturday #2

Won't be the first time they go broke. Elect a bankruptcy fool and this is what ya git. twodogsbarking Saturday #3

What could possibly go wrong? Initech Saturday #4

Can't see anything wrong with this genius plan IronLionZion Saturday #5

I thought crypto had just crashed? I don't get it - money based on even less than our real currency. Marie Marie Saturday #7

Yoo hoo. Anyone remember 2008? Buehler? No way this ends well. Vinca Saturday #8

Y'all smell sumpin stinkey? twodogsbarking Saturday #9

I paid 5% of my mortgage using BTC proceeds and even JCMach1 23 hrs ago #10

Lends a certain amount of irony to the term "real estate," doesn't it? BobTheSubgenius 19 hrs ago #11