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I sort of read that differently. I figured they tap in to that $3T market then, at 4%, need another $120B saved in order to exit conservatorship. Felt like the Gov't finding a way to move the goal further out.
Serious question here. The Conservator is supposed to have a duty to "Conserve and Preserve." Let's forget the history we all know here and assume this to be true. How is it they can give away billion$ to low income housing when their stated duty is to conserve and preserve. I would expect they should not be allowed, legally, to give ANY of that money away. Other than being the government that nationalized the GSEs, how do they get away with this?
Didn't Cat Man set it at 4%? Something like that anyway, I thought.
They can but in the end it doesn't matter. This, literally, takes an act of congress to get out of jail.
And we're red. If we were considered a tech stock these earnings would have us up 20% or more.
No earnings surprise for us then!!!
Seeking Alpha says $0.00 EPS. Of course we know that's because the sweet and they aren't giving credit for the earnings but how many readers DON'T know that?
"The consensus estimate is $0.00 EPS." Come on. At least give us credit for the EPS, even if the gov't is going to steal it all.
And because your rhyme, I'd be exited about a dime.
Font 2? I need to move to the next level reading glasses. Damn it.
Can you point out where it says it's time to exit conservatorship? I read that many reforms have been completed and they will be safer institutions after exiting conservatorship BUT are well short of their capital goals and more is needed. I see nothing that says it's time to exit. Please enlighten me. Thank you.
Why? Trump defanged Dodd-Frank back in 2018. Does it really still do anything?
Someone did. That is far too eloquent to be his 3rd grade prose.
3 years old by a guy no longer President. Not sure he would remember this anyway. I haven't seen that he's mentioned the GSEs since that 3 year old letter. Has he?
Yeah, but that's from 4/20. Someone was smoking something! 🤣
Without Googling I'm not sure when Blueberry season is but I would like to know which year?
After so many years in this I'm jaded. I only believe an event after it has happened. Words are cheap.
Have we been officially released? If so, why isn't the stock flying?
Yes, but the US Gov't owns FNMA! lol.
Think I missed the FHFA posting on this one - 2. "We Won And Are Being Released! $$$$$"
And why would the stock keep going down if this were even remotely true?
Really? Back to the money in the mattress like during the Great Depression? Where would my Direct Deposit go?
Oh man. Can't get the visual out of my head now. Make it stop!!! lol.
So why do we keep falling and can't get up?
Is that Pesos? 🤣
I've been waiting for the bottom to fall out of the fake money backed by nothing.
I didn't think dividends could be paid while in conservatorship. That might be a problem.
I'd love for you to right but with history as my guide....
FNMA not included.
Payouts are pennies.
Payoff is RRR.
All this talk about warrants and cases and which is most important. Frankly, I think the ONLY thing any of us really cares about is getting relisted on a real exchange so the share price can take off. Just relist baby!!!
I'm a Raiders fan. Can I still get in on it?
This is shaping up to be a bad day. Even DJT is holding up better than FNMA.
And most of the company. The "connected" Wall Street crown just paid the pittance of interest.
But, the way I see it is, for every case we win, it's makes it harder and harder to hold back the truth and the closer we get to RRR.
FNMA is included in the Libor case as well. Correct?
We see green. We're excited like when we were 16 yo boys and saw boobies! 🤪
If we were up just 1 penny for every time I've read a comment like this we'd be over $25 already. Holding my breath waiting right now. lol.
Is the question "How much am I left with from my $5 if I buy 1 share of FNMA?"
Just noticed the following FNMA headline, "Consumers Are a Bit Gloomy About Mortgage Rates. What’s Behind the Sour Mood," and thought, Yeah, but what if they had owned the stock for 10+ years. THEN what is their mood? Why no stories about the real victims, US?
At least you can only lose $1.35 per share now.
Well, if Bradford is saying GOOD things about Commons, we're screwed! lol