Wow, this part also stood out to me:

"...- both during conservatorship and following the conclusion of the conservatorships".

Sounds like its a done deal! Finally! Longest investment ever!

Something doesn't make sense here to me.

If the Gov't exercises the Warrants, can they do so without any notice?

If they announce this then probably the share price will immediately drop thereby netting them even less profit.

If they do not announce it then the maximum they can get per share is the market price at that time. If there is no release then most likely the market price will be about what it is today.

Wouldn't it be in the Government's own best interests (AKA the taxpayer) to exercise the warrants at the highest possible price?

So the profit they could potentially make is directly correlated with the share price which, in turn, is directly correlated to whether the twins are released, isn't it?

I don't see them exercising their warrants at today's prices. If they exercise them at all, it must be much more than today's price.

Do you think otherwise?

True, but the uncertainty is mostly gone now. Just the lawsuits outstanding.

There it is. Straight from the FHFA. Things will move fast now.

https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-and-Treasury-Allow-Fannie-Mae-and-Freddie-Mac-to-Continue-to-Retain-Earnings.aspx

No

I found this looking back:

"January 13th, 2020" ("CP"=Certiorari Petition)
"March 23rd, 2020" ("CR"=Capital Requirement)
"October 9th, 2020" ("ER"=Exchange Relist)
"April 5th, 2021" ("FP"=Fully Private)

It's interesting that you posted this long before we knew about the Jan. 10 date. You've also recently re-posted it on Jan 4 with no change to your dates.

Only 1 week to go now to see if your first prediction comes true!

Recap at lightning speed.

SPS cancelled, warrants returned or cancelled, over-payment returned as capital buffer. GSE's agree to letter of consent not to declare dividends until capital levels reached. This is so clear to me. Not sure why so much discussion on this. Conservatorship over as soon as capital levels are reached.

Trump is driving this. Obviously. I mean is someone actually doubting this at this point?

Q. What is the most important thing to Trump?
A. Winning the next election (next to being loved, admired and respected - he wants acknowledgement).

Q. What would have the most negative impact to Trump's chances of winning the election?
A. A bad economy

Q. What can Trump do to fire up the economy as much as possible?
A. Use the housing market - 20% of economy.

Q. What's the easiest way to fire up the housing market?
A. Release the GSE's - encourage a little more lending all around. Refinancing all around with lower interest rates.


The warrants will never be exercised as long as they do not support recapitalization. We have some written evidence that they did not intend to execute them at the time they were issued. We have no evidence that their stance has changed other than some opinions.

Predicted earlier this year: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147108164

Thanks. Too me a while to find that post and you responded to it as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=96368324

https://www.courtlistener.com/ is up for me.

If he’s right then he should be immortalized on this board.

Could this be what is driving up the volume today?

Well, I will be watching closely. Hopefully you are right.

Probably because the ruling will be positive for shareholders and he wants to be part of the process?

To me its all lip service. Just a political game. Saying things and not really meaning them or believing they can happen. Just saying things to assuage concerns of people who don't know better.

Common will trade again, they were never wiped out - existing shares will continue to trade - Calabria

She seems to be some kind of journalist.

https://www.americanbanker.com/news/calabrias-ambitious-fhfa-agenda-its-not-just-gse-reform?brief=00000158-07c7-d3f4-a9f9-37df9bc10000


She also mentions this:

Do we have lift off today? Already 6%+ and Volume 3M+.

More than just interesting.

Recap will happen at lightning speed.

You can bump me to Platinum now. I added a few months back.

Agreed, I don't see how exercising the warrants supports recapitalization. They will not exercise them.

They will only do what is needed to support recapitalization.

Not Winning Soon?

I think he kind of has to stop the sweep since he is on record as saying it is illegal. Either that or he has to explain why he has changed his opinion especially since he helped write HERA so he should know.

If this isn't clear enough I don't know what is.

I'm not sure about those dates but I agree it will be fast like that. Also not sure about whether the court will even get a chance to weigh in on this. It might be that fast.

The faster it goes the less opportunity for the pro-bank forces to try to derail it.

I think what will happen is to get the least possible risk to the taxpayer. This means recap at light speed. Anything that does not support recap will not be done.

So therefore, SPS will be cancelled. Warrants are also cancelled since if they are sold or exercised it will not support recap. Instead they will simply issue new commons (and not cancel current commons) and maybe a reverse split depending on how many they issue (depending on recap needs) and price.

I know that as per HERA they can exercise the warrants but the AIG decision could prove problematic. However, none of that matters because exercising the warrants provides no benefit to the GSE's and will not support recap.

They need to show a stability and independence from political interference going forward. There cannot be overhanging questions for years because as administrations evolve/change past decisions might be changed - as we are in fact witnessing right now in our favor (so far).

Trump wants to get the economy moving. This way he can do it.

And the Democrats will not be clamoring for him to exercise the warrants or even to sell the SPS. This is because there is an underlying threat that he could use those profits to pay for the wall. Better just to deny him any new source of funds.

As long as the GSE's continue with their affordable housing mission with less risk than before they will go along with it.

And Trump is not a pro government kind of guy. He must know that there is a chance he might not win next election. He won't risk those funds being handed to the democrats.

What I took from everything that Otting is reported to have said is that things will move fast in the very near future.

They will be back to business as normal just as fast as they were taken out, if not faster. The first sound we hear will be our jaw dropping to the floor.

Why would it come from Trump?

CEPR is a progressive left wing organization. The principal author seems to have written several anti-Trump pieces and is a guest writer for HuffPo.

I think I know why why they will release the GSE's more so than for any other reason.

I know all about the need to pump up housing and avoid a potential recession on the horizon. But deeper than that, I believe it is because of Trump's ego that they will be released. This is not an attack on Trump at all - just a statement of fact.

Trump loves to cheer on America. Economic success in America is his success. He wants to point to it and say "look, I did that". He is also thinking of 2020 and he will need good economic numbers for that.

What better way to jazz up the economy than by releasing the GSE's? It's 20% of the economy.

So, what will happen is simple...whatever provides the biggest beneficial impact to the economy is what will happen. Trump wants that feather in his cap. He wants to be known as the best President in terms of economics/business/jobs ever.

Strange, also shows on Nasdaq.

https://www.nasdaq.com/symbol/fmcc/premarket

They are fine but completely worthless. The FHFA has already said that they will not argue against it. The suit is not against congress or any member thereof.

ignore

What a great summary. Thanks for that.

Has it always been like that or was it changed? If so, do you know when?

Isn't it fhFa?

https://www.fhfa.gov/

I'm still here at 100K now.

I agree. They are not going to "respect Shareholder rights" and then make our shares worthless. We will get something but it probably won't be a moonshot. How high it will go is anybody's guess.

It's real. I found it on the GOP website under Rules & Resolutions -> 2017 Resolutions.