Wednesday, December 13, 2017 3:00:50 PM
Cutting GSE Shareholders out of the Equation ?
Wed Dec 13, 2017 ... By Paul Muolo ... pmuolo@imfpubs.com
Unless Federal Housing Finance Agency Director Mel Watt changes his mind about altering the regularly scheduled quarterly GSE dividend payments, you can anticipate that come Dec. 29 (the last business day of the month), Fannie Mae and Freddie Mac will fork over checks totaling $7.7 billion to the U.S. Treasury. (It’s probably a wire transfer and not a check.) What possibly could alter this course of events ?
See the Friday edition of Inside Mortgage Finance for an update on the situation…
In a new blog posting, Investors Unite asks the basic question:
“Are Fannie’s and Freddie’s foes driving GSE reform ? ”
IU bills itself as a shareholder rights group fighting for individuals
and institutions that own GSE junior preferred and common.
Of late, we’ve heard no talk whatsoever about GSE reform rewarding
this class of investors, though it’s possible that could change…
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM