Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
no just bird watching like your cat
Be patient and wait for your pitch, sluggers.
only if it was true. if true, fhfa is not following the law, sec is not doing what it is supposed to be, reporters are censored and now you are even censored on ihub. fnma is #1 board in ihub and prior to fnma very few knew of ihub. but now you are censored on the same that made it popular. granted few posts are unrelated and purely political but that does not mean censorship for all. bitter truth is this investment has become 100% political as companies are making money hand and fist, paid over 300 billion and saved banking and housing in the 2008 crisis caused by banks and saved the economy during pandemic. but shareholders down $1500 to $0.40 with retirement and 529 gone and many died without seeing their hard earned money with 16 year conservatorship and every penny gone into oblivion. courtesy: politics.
premise? means nothing when there is no law, $1500 down to $0.40, many have died without seeing their hard earned retirement and 529 and rest of the shareholders struggling with sky high inflation while fannie mae and freddie mac making money hand and fist. can't wait for $5 mcdonald meal , even though for a month.
This is as true as Calabria had said that gses will exit conservatorship at the end of my term
, once supreme court set the boundaries for agencies...
Are all you social rejects excited about the price today?
All green now. Commons and jps.
yeah, no shit. it needs to be written exactly in that simplified form with references to the documents containing the supporting information - somewhat like he is doing but much more more organized and without the crazed lipstick underlines and scribbles... a video would do wonders or sequential posts so it's not accounting financial statement regulatory soup - there are uncountable ways to improve what he is putting out there - its unorganized overload even for those interested and following ... one set of clear messages posted everywhere and consistently - then let's see where the investors and speculators take us
His premise is actually quite simple. Dividends are capital distributions and as such they are restricted during conservatorship. No one has rights to dividends! The money must go into a refunding structure, in order to put the companies in sound condition. The most likely refunding structure is a similar playbook during the S&L crisis (Sandra and folks were in fact involved with it). And due to the agency's incidental powers - they can lie to the public about the mechanics of it.
I will be holding my breath for this happen
You can call me blue
The Supremeless Court should change its name
Kangaroo court
The Supreme Court is weighing new boundaries for corporate America as its term ends in the coming weeks.
Once supreme court set the boundaries for cfpb and FHFA in next term, then exiting conservatorship in on next term.
It already was. It's the one where the government nationalizes two of the largest companies in the world and never, ever compensates the shareholders.
and - for no reason !!! - FNMAH is up 10% -- on 10K traded ---- "just noise" but I own FNMAH as one of two JPS I own
Pretty much green across the board. At the moment only one red.
https://finance.yahoo.com/quotes/fmcc,fnma,fmckj,fmcki,fmccm,fmcck,fmcct,fmcci,fmckk,fmccg,fmcch,fmccl,fmccn,fmcco,fmccp,fmccj,fregp,fmckp,fmccs,fmcko,fmckm,fmckn,fmckl,fnmap,fnmao,fnmfo,fnmam,fnmag,fnman,fnmal,fnmak,fnmah,fnmai,fnmaj,fnmas,fnmat,fnmfm,fnmfn/view/v1
It’s all or nothing
Just like this bet
lol
Oh real time quotes oh real time quotes where art thou real time quotes ?
Rickspeare
Lay off the Costco hotdogs and maybe you can afford to pay for real time quotes.
GLTU
Does it have to be all of the above as an AND or will you be ok with an OR condition,?
I don't want you to go into a coma while sleeping
Real time quotes disappeared again. Back to 15 minutes delay. Very strange indeed.
Someone wake me up when fnma is over 5 bucks and when we have a new
potus
SCOTUS
Lawyers
Judges
BOD
Etc
lol
Someone is spending the afternoon bird-watching #cats #Lila pic.twitter.com/wYn8aDJJ7F
— Mark Calabria (@MarkCalabria) May 19, 2024
If the discussion revolves around the GSEs and what the admin action and courts action or what each of the president has done etc, I dont think those posts are delete worthy.. Nor has it been deleted.. It is just the pure political ramblings non stop that doesnt have the words GSEs, FNMA, FMCC that are the ones that i am referring to..
I can defintely confidently say that the GSE content specific political topics are relevant and worthy and dont remember them being deleted at all
This board has so many irrelevant 100% politics and policy discussions that do not have a single iota of reference to GSEs. So actually I don't mind the admins using the whiplash absolutely. The last few weeks have been totally annoying..
The only ones getting paid are the lawyers and the Fhfa
Fire the lawyers and hire ones that only get paid if they win
We’ve been hearing about the SECRET PLAN for about a decade now! When will it be implemented? I thought it was on his desk?
Separare Account plan explained with two tweets:
Also, today's Financial Statement fraud (gifted SPS/offset absent from the Balance Sheets) explained in one of the screenshots that, jointly with Howard's flawed EPS and PER calculation (Income Statements), aim to conceal the phase 3 of this Separate Account plan (necessarily, the Common Equity is held in escrow).
Click in the images to see the entire screenshots uploaded in the tweets. For instance, the exception to the Restriction on Capital Distributions: reduce the SPS (capital distribution #2 in its statutory definition).
CFR1237.12: COMMON EQUITY HELD IN ESCROW DISGUISED AS DIV TOO
— Conservatives against Trump (@CarlosVignote) May 18, 2024
Additionally,SPS repaid at the same time,as per the EXCEPTION to the Restriction on Capital Distribution USC§4614e👇
No actual div ever paid. Restricted/unavailable out of Acc.Deficit Retained Earnings acct.#Fanniegate https://t.co/p2z51yFnRo pic.twitter.com/C5quFGThQD
A $500B rip-off of the shareholders by the crooked litigants and others that write in formal documents, is underway, based solely on the financial concept “capital”, that means:
1- Capital: cash.
2- Capital: regulatory and statutory capital.
3- Capital: Equity or Net Worth (Balance Sheet).
And the capital requirements are met with #2, not with #3. Each threshold in #2 has a capital classification: Adequately Capitalized, etc.
In a financial company, we never say #1 to not create confusion.
FnF have sent to the UST $301B in cash dividends. A dividend is a distribution of Earnings, that is, it's paid out from Earnings, and the Retained Earnings account is CET1 and Core Capital. This is why a dividend is a capital distribution.
The annual earnings and losses on the Income Statements, are later credited to and debited from the Accumulated Retained Earnings account (Balance Sheet). Thus, you need to build up the RE acct (currently adjusted Accumulated Deficit $-216B. The losses in early Conservatorship have been accumulated and then, the "dividends" have prevented FnF from reversing them and build capital requirements. Crazy, right? Evidence in itself of another side in this deal).
A cash dividend reduces both cash (Asset) and Retained Earnings account (Equity).
A dividend isn't an interest payment (expenses).
Then, you can’t ask for SPS “repaid” and a cash refund of $29B, pretending that FnF are Mutual Funds, because that translates into $0 core capital recovered.
The SPS are paid off with simple cash (Asset) and the Earnings aren’t affected, recorded as Accumulated Retained Earnings account, just like happens in any amount of Earnings that the company wants to redeploy in investments. In our case, the first thing that FnF chose was to pay off the taxpayer's assistance. Thus, you have to request a posting in the Retained Earnings account for the $191B of SPS principal and $29B for the overpayment ($220B), in addition to the $29B cash.
None of this has been explained as remedy sought in court.
Playing the fool in the role of financial illiterates is the bread and butter during conservatorships. Let alone their paid shills on social media, with navycmdr: “Cash Equity”.
The thing is that, in a conservatorship for the financial rehabilitation (Put FnF in a sound and solvent condition (Balance Sheet)), measured with the Capital ratios, the capital distributions are restricted, like dividends, today’s SPS increased for free and the Lamberth rebate.
The cover-up of the statutory Restriction on Capital Distributions, supplemented in July 20, 2011, with the CFR1237.12, has been the center of their con operation in the U.S. courts.
The cover-up of a material fact is a felony of Making False Statements.
The key to understand the Separate Account plan, because, as the capital distributions went through despite being restricted, they were assessments applied towards the exceptions in the same rules, so they are now lawful (reduce the SPS and recapitalization outside their Balance Sheets with the supplemental), and understanding that lying is authorized in the FHFA-C’s Incidental Power, as long as the Power is upheld.
And we have proof of this plan about playing the fool! Attorney for Berkowitz and other 4 cases (Rop, , Robinson, Collins), David Thompson, in a conference call hosted by Pagliara.
With respect to capitalization, I am not a regulatory lawyer. I am a litigator....That's being watched by a number of sophisticated lawyers...
22:30 mark:https://web.archive.org/web/20200619174039/https://investorsunite.org/wp-content/uploads/2020/01/1-24-IU-Teleconference-Audio.mp3
BOTTOM LINE
This is why unwinding the Separate Account plan, which, in the end, it’s a normal Conservatorship carried out secretly, consists in determining that the SPS had been paid off through the end of 2013 in Freddie Mac (signature image below), and end of 2014 in Fannie Mae. It isn’t asking for SPS cancelled or debt forgiveness with “SPS, written off”.
What type of bailout mechanism is to swell the SPS and, 16 years later, ask for debt forgiveness?
Let alone a swap SPS for Cs, for the assault on the ownership, and requiring that the JPS have the same haircut of the conversion too, to boost the CET1, as stated by the plaintiff Bryndon Fisher two days ago with one of his aliases in this board. No, you have prevented FnF from recording this CET1 in the first place.
The scammers' take translate into massive dilution of the shareholders in the EPS and percentage of ownership in FnF (warrant, swap SPS/JPS for Cs, stock offerings to meet the capital requirements). The lower the common stock price, the more Cs they get for their Preferred Stocks, if it wasn't because, with only $132B, not only a haircut is necessary in the SPS ($325B SPS outstanding), but the JPS are wiped out (Fair Value $9 in $FNMAS, with 17 years left to resume the dividend payments with 25% of the Prescribed Capita Buffer. But, as every year there are 17 years left with the ongoing Common Equity Sweep, today's market price of $4.5 can be its fair value). This isn't a case of Debt restructuring, where the debt trades at a fair value close to face value. A security recorded in Equity has other stock valuation, regardless that this security is a fixed-income security too.
That is, Fanniegate is a case of stock price manipulation.
Unwinding the Separate Account plan, means that $433B Retained Earnings account are missing on the Balance Sheets: $191B worth SPS have been paid down, $110B in dividends were restricted and currently $131B of Retained Earnings that do appear, but because there is Financial Statement fraud, so $131B is CET1 held in escrow too.
So many years playing the fool that now they have to wear diapers.
They are required to pay us $4.8B in punitive damages.
Bradford is having fun using multiple aliases to have conversations with himself, with the objective to harass the shareholders and favor his fixed-income security JPS:
-I agree.
-No, I disagree.
-Weee! I tend to agree to disagree.
JOao0ky doesn't work on weekends, right?
They can't appeal correct,? If Lamberth rejects this demand??
Ban them Shelly ! When you see a snake shoot it, don’t order books on reptiles. You have my permission to proceed!
Sammy
The problem is, both these party loyalists won't leave this board and will torture us with their political affiliated agenda discussions :)). We are stuck with this nonsense until conservatorship ends and then leave this board for ever. Until then, I don't see any changes. I wish they take it to the specific board and if you can ban a few, it will help. LOL
I guess so. Whatever you want to call it. Live in dreamland if you wish but Treasury won't turn into a charity. If they have in the past, point it out.
Ha - I'm pretty apolitical in general. I'm saying "Keep the politics off this board whatever your persuasion".
Are you saying you’re a republican or democrat?
So, the plaintiffs want more time to oppose the government's motion.
They are just delaying and delaying.
Government has filed a motion to dismiss the 8-0 verdict about a month ago.
Lamberth has not responded to that yet.
Waiting on Lamberth; what is new.
Important Note: There are entirely too many political posts on the Fannie and Freddie stock specific boards. There are now three boards to discuss these stocks:
This board is for discussion of the company/stock for FNMA-no politics: https://investorshub.advfn.com/Fannie-Mae-FNMA-13035
This board is for discussion of the company/stock for FMCC-no politics https://investorshub.advfn.com/Freddie-Mac-FMCC-13016
This board is for discussion of the two companies as it relates to the political landscape https://investorshub.advfn.com/boards/board.aspx?board_id=43002
Please keep your posts to the appropriate boards.
No. Quiet possibly Lamberth was waiting on a draft opinion for the CFPB case. I at least took this latest signed order as a clue we'd get the CFPB opinion last week.
Many moving parts to this quagmire.
https://storage.courtlistener.com/recap/gov.uscourts.dcd.163155/gov.uscourts.dcd.163155.427.0.pdf
Are we waiting for Royce for anything?
Just like the last time around, commons followed preferreds to begin with and then took off. Looking for a larger upside move by the end of this week! GLTA!!!!
All equity is at risk of a write down --- and then maybe JPS will do better in a 30 year court battle
We will see what the GOV decides to do ---- and IMO the warrants may save equity !!
GOV does not need to squash equity ---- when it has 4B shares via Warrants AND WILL WANT A HIGH PRICE PER SHARE AS IT SELLS THOSE 4 BILLION OFF.. WRITING OFF THE SP VALUE (LP) PUTS THE GSEs IN POSITIVE CAPITAL TERRITORY - MASSIVELY INCREASING THE PRICE PER SHARE THEY CAN GET WITH THEIR 4B . WE - THE OTHER BILLION - RIDE ALONG FOR A $25 PRICE PER SHARE
There were no loans
As per GAAP per Treasury - all cash - 300B - is classified and booked as dividends
Do not shoot the messenger
It is amazing Wall street journal or other financial news channels or newspapers did not publish about this while a newspaper in one of the poorest country did recognize the theft by corrupt USA government.
Followers
|
2323
|
Posters
|
|
Posts (Today)
|
43
|
Posts (Total)
|
801566
|
Created
|
07/14/08
|
Type
|
Free
|
Moderators not one red cent ~NORC~ stockprofitter Ace Trader EternalPatience jeddiemack FOFreddie |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |