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It is highly probable the recent increase in the share price from 50 cents to $1.50 was entirely due to Buffett slapping our ASK. We needed a good slapping anyways. Interestingly enough my girlfriend Gabby and I were discussing this very matter during dinner at the Costco food court. We split a dog cause that’s all I can afford. Afterwards while shopping at Costco we ran into Calabria. He was buying bulk cat food. In the next aisle Gabby and I ran into Mnuchin. He was buying bulk lip balm. I asked Mnuchin myself why do you need so much lip balm. He replied “I need it for all the lip service I provide.” Gabby and I agreed. We then moved on to the cashier line. Low and behold we saw Watt huffing and puffing completely out of breath. I asked Watt why are you panting so much. He replied he was chasing all women with tattoos. Gabby and I then left Costco. We are expecting our first.
Could be RKT too. He and Dan Gilbert are good buddies for a long time.. just saying. Still part of the mortgage world without the uncertainty of the government noose around the neck..
for the lazy ones, here is the link
https://www.sec.gov/oiea/Complaint.html
your weekend homework, don't get a 'f' must get an 'a'
joke aside, we all must do it, it will be useful, everything else has failed
flood the sec site . it is the fannie weekend. at least we are following the law.. sec database and the record cannot be wiped out, not any party's property but will be a permanent record.
instant gratification : a cool emoji when you confirm that you got an "a"
kill the guarantee by Treasury
kill the asset held by Treasury - LP/SP that does not pay cash
use the WTS
(and ?? free us ?? as you raise say 100B on 4B shares over two years - for total shares outstanding of 5B !!)
No conversion and I can live with it mild dilution
I love it - with my expansion
It's almost a "gimme" that it's not F&F!
Green Day
only a penny each for Fannie and Freddie
Strong Support for Next Week
the rumor mill on buffett buying fannie stock may be clear tommorrow?
https://www.cnbc.com/2024/05/03/berkshire-hathaways-big-mystery-stock-wager-could-be-revealed-soon.html
why not sec do that same for fannie mae and freddie mac? in fannie case, it is even bigger where lots of laws violated and misrepresentations. read the cnbc link below , read all of it to see where i am coming from. how about you all file with sec so that it can be acted upon by this administration or future ones? at least it is on record.
put down all of the info on secret accounts, manipulation, substitution of common equity for sps, gifted sps absent from the balance sheets, ghost shares, concealing the components of each capital metric, warrants at $0.001, 16 yr conservatorship, arbitrary capital rule when banks have no such capital levels, spsa an illegal contract, charter act prohibiting the commitment fees, illegal actions of treasury to appropriate 200 billion in taxpayer debt, taking non regulatory control of the companies through the spsa , ownership of more than 50% of the companies requires them under the gao act and the cfo act to consolidate the gse’s onto the nations balance sheet, violation of the 14th amendment to the constitution by repudiating the 5 trillion plus in debt the treasury has acquired through their actions since 2008, lots of violation of laws. blah blah whatever. you will have a confirmation email to follow up. better than posting here or on twitter or to clueless congress
if each one of us do, it will get the attention, sooner or later as official record and someone can offcially act on it
https://www.cnbc.com/2024/05/03/trump-media-auditor-charged-by-sec-with-massive-fraud-permanently-barred-from-public-company-audits.html
Yeah, right. That must be it.
Nows its 3 share purchases.
Maybe it’s a 4 3 2 1
BOOM signal.
stop with this foolish rumor. serves no purpose.
It a good day to not go long . Too much uncertainty (FNMA) for debt riddled company in conservatorship. No profit divided available for frustrated investor looking for funds for new power boat for upcoming holiday.
Money needed for newcomers basic needs such as housing and food .
MM's have hit for the cycle keeping us under $1.50 for the week
Whats the deal with all the 4 share purchases?
Surprise…..you are released
That is what will happen in a day and stock stick will hit $100 PPS the next day.
Get ready people! TightCoil IS TIGHT!
One thing is certain:
We have VERY Strong support at the current pps
for both FNMA and FMCC...no one can deny that!
🏠Ready to help shape the future of housing in America? RSVP for the @BPC_Bipartisan Housing Summit on June 11. We're finalizing discussions on critical topics like affordability, housing resilience, & more. Be a part of the conversation: https://t.co/Ec2k0js2NW
— Dennis Shea (@DennisCShea_) May 2, 2024
Not UPLISTING ....It's UPLIFTING....from basement level 10 to basement level 9 . . . 5¢ gain.
Like the same forces that pushed us up from 35 cents several months
ago, to where we are now...what caused that? whatever it was,
the same thing could happen now to Fannie and Freddie...BELIEVE
Nasdaq / NYSE Uplisting
I don’t like massive pops, then most posts are either bragging about shares or bashing cause it’s green or hate bragging
Oh wow. I’m expecting a massive pop today. A Big Gulp from 7-11 that is.
I just came here to read a few post. I said to my self, “self” what could’ve possibly changed? Good Luck WARRIOR!
There's literally nothing on the horizon, near or long term.
Are we just blowing smoke or do we have inside information…..Hmmm?
BeCause something could happen that
would make the pps soar
This could be a very lucky day for us
Fight, Fight, Fight to Make Right
The Wrong done to Shareholders
Correct. Paulson did it ostensibly to help avoid a bigger crisis (even though it was forced upon the GSE's), but Geithner was the one who enabled the theft at the back and call of his boss. FHFA just needs to cut the nonsense and declare them financially sound and end the charade of conservatorship.
Oh wow. Up 2 cents in the premarket 10K shares. Today will be a great day. Today will be an uncrappy day. Captain TightCoil set our vector to the moon. We need clearance from Clarence. Roger that. Victor Victor are we clear for take off ?
FHFA first, then Treasury.
Overly optimistic, cut it in half 🫣
Over under odds going into Friday for Fnma
Under 1.50 -180
Over 1.50 +200
Place your bets
Kentucky derby warmup today
lol
FNMA is a Govt Investment, this has been made clear along with Temporary Indefinite!
Why don't you ask the Mods for clarification on the number of posts per day
I am feeling a surge today of 1 penny.
LOL
Go FNF
BOOM
FnF calculate the capital metrics 'upside down', that is, they take a different concept (Net Worth or Equity) and subtract different items unrelated to the capital metric that you are calculating (SPS).
I already called the plaintiff Mr.Pro Se out, when he did the same 3 days ago, posting:
Net Worth
-SPS
-some portion of the DTA
= unaware that he was calculating Tier 1 Capital in his reply, and not the Core Capital that I was talking about with its statutory definition. He simply copy-pasted the script he had received beforehand.
This is Freddie Mac. Fannie Mae does the same:
Their objective was to conceal the components of each capital metric, so people don't see that FnF have $-84B Accumulated Deficit Retained Earnings account combined, shown on the Balance Sheets , but it's important to see it here as a component of the capital amount that later is required a minimum through regulation and statute ($-216B RE with the offset -Reduction of Retained Earnings- attached to the $132B SPS LP increased for free), an account tasked with absorbing future (unexpected) losses and a gauge of the rehabilitation in a financial company (RE is Core Capital for the capital ratios). Justice Alito's prerequisite to allow the Separate Account plan through restricted capital distributions: "Rehabilitate FnF in a way...".
This isn't a coincide. FnF calculated it correctly in early Conservatorship, and, for instance, this is how I learned that the Treasury Stock (stock buybacks) reduces the common stock par value when calculating the Core Capital.
FnF and this unsophisticated plaintiff, received instructions to change how to report the formulaic of the capital metrics.
Remember that Sandra Thompson arrived to FHFA in 2013 as Deputy Director, in charge of "overseeing regulatory policy, capital policy and financial analysis". Everything that is being put into question since long time ago (The Capital Reserve is what has to meet the capital requirements; SPS LP increased for free and its offset, are missing in the Balance Sheets; formulaic of the capital metrics, etc)
They all receive instructions from the same big players.
And who doesn't.
First, it wasn't Mnuchin. Secondly, the SCOTUS wasn't informed that the NWS had ended.
The conservator has limited powers. You are repeating the take by Bill Ackman, who implied that the SCOTUS said FHFA has absolute discretion (Source).
O Ackman’s clerk, Bradford:
With your quote:
Don’t need to read TH’s BS. FnF owe nothing to anyone anymore.
Thanks Neo, I just subscribed to TH blog. Good info.
I never trusted him since day 1
Fannie to the Moon, Tomorrow
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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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