SureTrader Nadex Advertisement SureTrader
Home > Boards > US OTC > Banking and Finance > Fannie Mae (FNMA)

GSE EVENT TIMELINE

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (15) | Next 10 | Previous | Next
obiterdictum Member Profile
 
Followed By 257
Posts 4,006
Boards Moderated 0
Alias Born 10/12/08
160x600 placeholder
Morgan Stanley Treasurer Celeste Mellet Brown to Leave for Fannie Mae, Sources Say--Update "Dow Jones News" - 4/20/2017 2:34:00 PM
Morgan Stanley Treasurer Celeste Mellet Brown to Leave for Fannie Mae, Sources Say "Dow Jones News" - 4/20/2017 2:10:00 PM
Stocks with Key Influences on the Horizon and New Coverage in the Mobile Tech Space "InvestorsHub NewsWire" - 4/20/2017 9:00:00 AM
Traders News Issues Updates and a New Hot Cyber Security Feature Profile "InvestorsHub NewsWire" - 12/13/2016 9:30:00 AM
Traders News Source is Providing an Actionable Report on the following Securities "InvestorsHub NewsWire" - 11/14/2016 7:00:00 AM
Trump's Transition Team Works to Form Cabinet "Dow Jones News" - 11/11/2016 7:40:00 AM
Trump Team Considering Rep. Jeb Hensarling as Treasury Secretary "Dow Jones News" - 11/10/2016 5:10:00 PM
Finance Watch -- WSJ "Dow Jones News" - 11/4/2016 3:02:00 AM
Fannie Mae to Send $3 Billion Dividend to Treasury "Dow Jones News" - 11/3/2016 9:10:00 AM
Freddie Mac to Send $2.3 Billion Dividend to Treasury "Dow Jones News" - 11/1/2016 10:10:00 AM
Appeals Court to Decide on Document Release in Fannie Mae Dispute "Dow Jones News" - 10/27/2016 7:30:00 PM
Genworth, China Oceanwide Chart Path to Regulatory Approval of Deal "Dow Jones News" - 10/25/2016 1:00:00 AM
Richard Perry to Shutter Hedge Fund "Dow Jones News" - 9/26/2016 7:10:00 PM
Freddie Mac Starts Pilot Program With Looser Standards "Dow Jones News" - 9/20/2016 1:40:00 AM
KinerjaPay Corp. (OTC QB: KPAY) Announces Partnership with 62hall – Forecasts 66% Growth by Q2 2017 "InvestorsHub NewsWire" - 9/16/2016 7:00:00 AM
Traders News Analyzes Three New Securities This Week "InvestorsHub NewsWire" - 9/15/2016 7:45:00 AM
Appeals Court Rules In GSE Case But Not That GSE Case "Dow Jones News" - 8/18/2016 10:30:00 PM
Citigroup's Last Proprietary Trader Walks Out the Door "Dow Jones News" - 8/18/2016 10:10:00 AM
Fifth Third Fired Counsel Over Relationship With Fannie CEO "Dow Jones News" - 8/10/2016 10:00:00 PM
Justice Department Appeals Ruling Throwing Out Crisis-Era Bank of America Case "Dow Jones News" - 8/4/2016 5:40:00 PM
Fannie Mae Profit Slides Amid Lower Rates "Dow Jones News" - 8/4/2016 9:30:00 AM
Entertainment & Action Oriented Event Stocks Offer More Sophisticated Thrills For Consumers Leading to Multi-Million Dollar "InvestorsHub NewsWire" - 8/4/2016 9:15:00 AM
Freddie Mac Profit Declines on Rates "Dow Jones News" - 8/2/2016 9:50:00 AM
Wells Fargo to Offer Low-Down-Payment Mortgages Without FHA Backing "Dow Jones News" - 5/26/2016 1:30:00 AM
Appeals Court Throws Out $1.27 Billion Penalty Against Bank of America "Dow Jones News" - 5/23/2016 12:40:00 PM
obiterdictum   Saturday, 03/11/17 05:35:46 PM
Re: None
Post # of 405236 
GSE EVENT TIMELINE

November 2016 - March 2017

November 8 - November 29 - Trump elected President. Fannie and Freddie PPS steadily climbs from $1.65 and $1.55 respectively on 11/8 and settles and closes high at $3.17 and $3.11 on 11/21. The PPS channels and levels to $3.08 and $3.02 on 11/29.

November 30 - February 17 - Mnuchin's brief statements on GSE restructuring and privatizing on Maria Bartiromo's Fox Business show on November 30th. Fannie and Freddie PPS rockets upward from $3.08 and $3.02 on 11/29 and closes at $4.49 and $4.40 in a single day of trading on 11/30. Fannie and Freddie PPS levels down to $3.565 and $3.43 (12/5) and then channels slightly upwards to close at $4.15 and $3.99 on 2/17.

February 21 - March 10 - CADC gives a mixed negative and positive opinion and order in Perry Capital case on 2/21. Fannie and Freddie PPS drops precipitously from $4.15 and $3.99 on 2/17 to $2.71 and $2.47 on 2/21. After two days of recovery (2/22-23) to PPS of $3.049 and $2.86, Fannie and Freddie's PPS channeled downward to close at $2.63 and $2.51 respectively on 3/10.

The downward trend in PPS continues despite positive court orders made in the Fairholme (Sweeney) and Pagliara (Sleet) cases and other court filings; positive public statements by S. Mnuchin and B. Berkowitz; a growing media storm started by InfoWars articles, videos and reports that Fannie Mae and Freddie Mac were illegally robbed to fund Obamacare and picked up by Maria Bartiromo of Fox News, Investors Unite, and others; release of supportive articles by Richard Epstein, Timothy Howard, David Fiderer, Bill Maloni, and Investors Unite; and the DOJ seeking resignation of 46 US Attorneys, (a news event and action that has nothing to do with the GSE civil cases). The anti-GSE crowd also made appearances in the media - Jim Parrott, Mike Stegman, David Stevens, Jason Levine and John Carney. (See http://gselinks.com/)

Finally, on March 10 morning, Gretchen Morgenson's New York Times article was published and was credited here with a 1:53 PM recovery from a steadily dropping Fannie and Freddie PPS on March 10.

See article: https://www.nytimes.com/2017/03/10/business/trump-fannie-mae-freddie-mac.html

Maria Bartiromo's tweet on Obama, the NWs and funding Obama care via a Investors Unite article (https://twitter.com/mariabartiromo/status/840306218270916609) will flow through the weekend and with trader/investor anticipation that there will be a positive, upward Fannie and Freddie PPS effect on Monday, March 13, 2017.

Upcoming March and April Dates - 2017

March 13, 2017 - Will a Fannie and Freddie PPS upswing due to Maria Bartiromo's tweet on Obama, the NWs and funding Obama care via a Investors Unite article occur? (https://twitter.com/mariabartiromo/status/840306218270916609)

March 15, 2017 - The US federal debt limit (ceiling) expires. What will be done?https://www.cbo.gov/sites/default/files/115th-congress-2017-2018/reports/52465-federaldebtlimit.pdf

March 20, 2017 - Deadline for Plaintiffs’ (Collins et. al.) to file the consolidated Summary Judgment Reply and Response Brief. http://gselinks.com/Court_Filings/Collins/16-cv-03113-0040.pdf

March 23, 2017, 8:00 am - A hearing on the motions to dismiss the Saxton amended complaint. http://gselinks.com/Court_Filings/Saxton/15-00047-0098.pdf

March 31, 2017 - Dividend Payment to Treasury - No or Yes? https://twitter.com/FannieMae/status/835862751625031680
https://twitter.com/FreddieMac/status/832218602061246464

April 4, 2017 - status hearing for the Roberts et. al. vs. FHFA et. al. is set for 04/04/2017 at 11:00 am. http://gselinks.com/Court_Filings/Roberts/16-02107-0073.pdf

April 7, 2017 - Final day? for Perry Capital LLC to file a petition for an en band rehearing in the US Court of Appeals, DC. https://www.law.cornell.edu/rules/frap/rule_40

April 12, 2017 - Appellee's brief (FHFA et. al.) in Arnetia Robinson v. Federal Housing Finance Agency, et. al. must be filed electronically with the US Court of Appeals for the 6th District. http://gselinks.com/Court_Filings/Robinson/16-6680-0024.pdf

April 17, 2017 - Defendants selection and submission of a subset of 11,000 privilege logged documents as ordered by Judge Sweeney in the Fairholme case. http://gselinks.com/Court_Filings/Fairholme/13-465-0360.pdf

April 26, 2017 - Appellant's Reply Brief (Arnetia Robinson) in Arnetia Robinson v. Federal Housing Finance Agency, et. al. must be filed electronically with the US Court of Appeals for the 6th District. http://gselinks.com/Court_Filings/Robinson/16-6680-0024.pdf

April 28, 2018, The current Continuing Resolution (CR) will expire on April 28, 2017. Legislators must decide how to fund the government for the remainder of fiscal year 2017. http://www.crfb.org/blogs/appropriations-watch-fy-2017

Upcoming Dates - 2018

January 1, 2018 - Capital reserves depleted? No or Yes? - https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/2012-8-17_SPSPA_FannieMae_Amendment3_508.pdf page 4, bottom paragraph.

April 3, 2018 or so. Final briefs submitted for the Fairholme et. al. case in the US Court of Federal Claims (Judge Sweeney). http://gselinks.com/Court_Filings/Fairholme/13-465-0360.pdf





SureTrader
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (15) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist