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And it had to be filed by the 17th.
No idea, I only post it for those who knows and can help us understand what's going with the litigation
Interesting; Dated 24th April.
Today is the 23ed.
The Judge edited the page count but it is not readable.
Ron
Yeah. Sounds good
$FMCC $FNMA Reminder -> April 18th 2024 Testimony of Sandra L. Thompson
— Patrick (@InvestIt3) April 23, 2024
"FHFA will build upon this work to promote sustainability and durability of these reforms after the Enterprises exit conservatorship” pic.twitter.com/KxKKd4e6Zy
Guido
lots of truth
but leaving out BUSH and PAULSON who did the actual steal and jumping over four years of DJT
simply is dishonest
YUP
Agree
However - I could take just about any JUDGE with 10 plus years experience and show the number of times they beat up on GOV
That is the key point
Few Judges - that high up - are afraid to judge as they see the facts
Now as to his very first Fannie Decision - turns out he was right - our fight was with HERA and CONGRESS and SCOTUS and 30 other cases agreed --- unfortunately !!!!
Here holding the payment up is wrong
Time to go exercise 😉 and take a nap 🥱 🌵🛹🇺🇸
Manipulations.
The stock price is moving as slow as the justice system.
But, I agree, stampede is coming.
Obama-Biden administration swindled $301 billion of Fannie Mae and Freddie Mac equity and stole from the pension funds of police officers, fire fighters and government employees. Clawing back that money would restore the retirement accounts for millions of Americans. https://t.co/DrLbNAScWF
— Guido da Costa Pereira (@GuidoPerei) April 23, 2024
Some one with shallow pockets I suppose (the opposite of deep pockets)
When is the last time you heard Biden or any of his flunkies talk about Bidenomics? It's been a hell of a long time because it was worse than the sinking of the Titanic.
You base your opinion one on casse18 years ago, I'll base mine on his ongoing 10th year of litigation here. His actions over these 10 years speak volumes more than words. To each their own.
Time to slap the ASK with some hush money.
I see a lot of single shares @1.47, mostly buys
Take Note:
Freddie volume better than Fannie today
plus the pps spread between Fannie and Freddie
is only 8 cents...good sign for tomorrow...LOAD UP
10-4 Roger that boss
We need them cheaper I don't think there going to get cheaper there not going to get the 8 0 verdict dismissed we're headed to 4 🐂🌵🛹🇺🇸
Math please
I assume the P/E you are suggesting is logical is on the high side
Buying Frenzy Stampede on the Hoirizon
Load up before they grab all the shares at current
bargain-basement price
Think about this: FnF are on the hook for these claims - not TSY nor FHFA. In what world are FnF responsible for what’s happened.
Now think about this: was it set up that way to test what a jury would decide knowing FHFA would be able to swoop in as Conservator nullifying the jury decision under the pretense that FHFA is conserving FnF assets?
If FHFA nullifies this jury decision after the fact they will have gained two things for free: 1. they now know a measure of public sentiment against the C’ship actions, 2. without ever incurring the risk of Treasury funds or a court loss with direct responsibility attributable to FHFA & TSY’s c’ship actions.
I wouldn’t put anything past these nefarious a$$holes.
Paging Dr. TightCoil STAT. Urgent urgent. New HOD required.
This is why goons are trying to reverse 8-0 Lamebird
Panic has set in
When the Republicans show up we will have a 🐂 bull run 🛹🌵🇺🇸🐂
Small businesses have been hit hard by #Bidenomics.@NFIB's latest report shows confidence at lowest in 12 years, worse than during Covid lockdowns.
— Stephen Moore (@StephenMoore) April 22, 2024
Confidence has plummeted throughout Biden's term! pic.twitter.com/cWcLdPqI7G
Even at 20.1% common worth $65.325 more than any par lol
( $325 x 20.1%)
surprised people have not realized yet
And the companies that make housing available to Americans need to be able to operate at 100% capacity instead of 20.1%
Is FHFA aware?
From Tim Rood re: Conservatorship
The very last sentence of a 28 page written testimony on the GSEs mentioned getting the GSEs ready for an exit from conservatorship. Judge for yourself what that means.
— Tim Rood (@tim_rood_) April 23, 2024
latest from FHFA ...
All Americans, especially in underserved communities, deserve access to safe, decent and affordable housing. FHFA works with Fannie Mae and Freddie Mac on Equitable Housing Finance Plans showing how we will work toward these goals. #FairHousingMonth #FairLending->FairHousing pic.twitter.com/uMKD9BbiGd
— FHFA (@FHFA) April 23, 2024
$25 - a sort of pre steal average - even in the rocky times?
Jul 01, 2008 19.1500 19.9600 6.6800 11.5000 11.4252 2,272,095,000
Jun 01, 2008 26.7800 27.8100 19.2300 19.5100 19.3831 386,690,900
May 01, 2008 28.3600 31.4800 26.1100 27.0200 26.8443 511,300,900
Apr 28, 2008 0.35 Dividend
Apr 01, 2008 28.0000 32.3100 24.6600 28.3000 27.7978 352,297,800
Mar 01, 2008 27.6900 35.5000 18.2500 26.3200 25.8530 735,943,700
Feb 01, 2008 33.8500 36.3000 25.3200 27.6500 27.1594 398,550,600
Jan 29, 2008 0.35 Dividend
Jan 01, 2008 40.2000 40.2000 29.1400 33.7800 32.8291 336,372,700
Dec 01, 2007 38.5100 40.4500 30.6600 39.9800 38.8546 271,914,800
Nov 01, 2007 56.4100 56.4100 26.3800 38.4200 37.3385 474,933,700
agree
and was this introduced in a court case and viewed as immaterial (post Presidency ?)
Someone did. That is far too eloquent to be his 3rd grade prose.
Says NO to EO by POTUS - BO
Sherley v. Sebelius
In August 2010, Lamberth issued a temporary injunction blocking an executive order by President Barack Obama that expanded stem cell research. He indicated the policy violated a ban on federal money being used to destroy embryos,[14] called the Dickey–Wicker Amendment.[15] Susan Jacoby complained that his decision was more a reflection of his politics than a rigorous interpretation of the Dickey–Wicker Amendment.[16]
SEEMS To ME that saying he is a company man is based on a lack of simple research - as all these anti GOV actions took me - an old man - about two minutes to find
Again = not a friend of GOV in these cases - interestingly appears to want more information public?
Guantanamo cases
Lamberth has presided over Guantanamo captives habeas corpus petitions.[9][10]
On December 29, 2016, Lamberth ordered the preservation of the full classified United States Senate Intelligence Committee report on CIA torture.[11] The six thousand–page report had taken Intelligence Committee staff years to prepare. A six hundred–page unclassified summary was published in December 2014, when Democratic Senator Dianne Feinstein chaired the committee, against objections of the Committee's Republican minority. Its publication stirred controversy. Limited copies of the classified report had been made, and human rights workers were concerned that the CIA would work to have all copies of the document destroyed.[ci
983 Beirut barracks bombing case
In May 2003, in a case brought by families of the two hundred forty-one servicemen who were killed in the 1983 Beirut barracks bombing, Lamberth ordered the Islamic Republic of Iran to pay US$2.65 billion for the actions of Hezbollah, a Shia militia group determined to be involved in the bombing in Beirut, Lebanon.[8]
Lamberth == appointed by RR --- one major case
apparently - not a company man - to the point they funked him
Cobell v. Kempthorne
Lamberth presided over Cobell v. Kempthorne, a case in which a group of Native Americans sued the U.S. Department of the Interior for allegedly mismanaging a trust intended for their benefit.[6] Lamberth, appointed to the bench by President Ronald Reagan, was known for speaking his mind and repeatedly ruled for the Native Americans in their class-action lawsuit. His opinions condemned the government and found Interior secretaries Gale Norton and Bruce Babbitt in contempt of court for their handling of the case. The appellate court reversed Lamberth several times, including the contempt charge against Norton. After a particularly harsh opinion in 2005, in which Lamberth lambasted the Interior Department as racist, the government petitioned the Court of Appeals to remove him, alleging that he was too biased to continue with the case. On July 11, 2006, the U.S. Court of Appeals for the District of Columbia Circuit, siding with the government, removed Judge Lamberth from the case.[7]
Thank you for summary and pinpointing
Wait
You’re being generous with $.05 lol
Commons keep going up. Preferreds keep going down. Commons headed to $325. Preferreds headed to $0.05.
That’s what scares me, we’re playing poker with our cards facing the corrupt Govt. Very sad indeed !
"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?"
So what about Rand Paul? In one ear and out the other?
"I guess I am just trying to figure out why this is taking so long. "
Two reasons:
1) The judge and his staff know NOTHING about finance and are struggling with the division.
2) The judge, a government employee, NEVER wanted the plaintiffs to win, and they did, so he is dragging his feet as much as humanly possible (and doing a good job).
Lamberth will not rule in any way here that will benefit shareholders or harm the defendant. Company man.
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Fannie Mae (the Federal National Mortgage Association, or FNMA) is a government-sponsored enterprise (GSE) in the U.S. that was established in 1938. Its main purpose is to provide liquidity, stability, and affordability to the U.S. housing market. It does this by purchasing mortgages from lenders (like banks), packaging them into mortgage-backed securities (MBS), and selling those securities to investors. This process ensures that lenders have more capital to issue new home loans, helping more Americans get access to homeownership.
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