Fannie Mae-No Politics (FNMA)

[Fnmaman]

Manipulations.

[MRJ25]

The stock price is moving as slow as the justice system.
But, I agree, stampede is coming.

[Guido2]

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

[EternalPatience]

Some one with shallow pockets I suppose (the opposite of deep pockets)

[jog49]

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.

[skeptic7]

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.

[RickNagra]

Time to slap the ASK with some hush money.

[bradford86]

Coolio

[Patswil]

I see a lot of single shares @1.47, mostly buys

[stockprofitter]

1.65ss next on deck

[TightCoil]

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

[stockprofitter]

10-4 Roger that boss

[Augie Boukalis]

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 🐂🌵🛹🇺🇸

[Donotunderstand]

Math please

I assume the P/E you are suggesting is logical is on the high side

[TightCoil]

Buying Frenzy Stampede on the Hoirizon
Load up before they grab all the shares at current
bargain-basement price

[NeoSunTzu]

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.

[RickNagra]

Paging Dr. TightCoil STAT. Urgent urgent. New HOD required.

[stockprofitter]

This is why goons are trying to reverse 8-0 Lamebird

Panic has set in

[Augie Boukalis]

When the Republicans show up we will have a 🐂 bull run 🛹🌵🇺🇸🐂

[Augie Boukalis]

Small businesses have been hit hard by #Bidenomics.@NFIB's latest report shows confidence at lowest in 12 years, worse than during Covid lockdowns. 

Confidence has plummeted throughout Biden's term! pic.twitter.com/cWcLdPqI7G

— Stephen Moore (@StephenMoore) April 22, 2024

[stockprofitter]

Even at 20.1% common worth $65.325 more than any par lol

( $325 x 20.1%)
surprised people have not realized yet

[stockprofitter]

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?

[stockprofitter]

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

[navycmdr]

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

[Donotunderstand]

$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

[Donotunderstand]

agree

and was this introduced in a court case and viewed as immaterial (post Presidency ?)

[jcromeenes]

Someone did. That is far too eloquent to be his 3rd grade prose.

[Donotunderstand]

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

[Donotunderstand]

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

[Donotunderstand]

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]

[Donotunderstand]

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]

[Donotunderstand]

Thank you for summary and pinpointing

Wait

[stockprofitter]

You’re being generous with $.05 lol

[RickNagra]

Commons keep going up. Preferreds keep going down. Commons headed to $325. Preferreds headed to $0.05.

[Sammy boy]

That’s what scares me, we’re playing poker with our cards facing the corrupt Govt. Very sad indeed !

[jog49]

"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?

[jog49]

"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).

[skeptic7]

Lamberth will not rule in any way here that will benefit shareholders or harm the defendant. Company man.

[RickNagra]

Thompson talks abt eventual exit from conservatorship, as if it will magically happen.
She needs to work with Yellen to move ahead. Always the excuse, "waiting for Congress", Yellen is silent.
Mnuchin & Calabria knew a) HERA allows them to act, b) took steps to act on their own.

— Chris Roberts (@RobertsChris6) April 18, 2024

[Donotunderstand]

My potential profit on GSE holdings is not enough reason to vote for DJT or JOE

There are major issues on the table

Pick and Choose but voting on GSE profit - unless you own 1,000,000 shares I guess - is missing the forest for the tree

[Donotunderstand]

Did not read

but

tons of corporations - like Oil companies and Builders are absolutely looking 10-20 years out to what climate change will have done to our USA land and such

it is smart -- and does not need to be political just good BUSINESS

e.g. it is my understanding that oil companies have major difficulty issuing 30 year bonds without a big boost on interest paid --- it just is the market (Same IMO if Tesla tried to issue 30 year bonds --- into the haze around EV)

[Donotunderstand]

oops
I tried to think but had no time ?

[Donotunderstand]

792454

why not have Freddie and FNMA for JPS pay to equity holders ?

such payment - if it ever where to occur goes to equity holders AND the decrease of cash or surplus at the GSE is meaningless ---- until there is freedom

This tiny payment does zero damage to the value of F and F that equity holders wish to get back IMO

[stockprofitter]

Mortgage rate manipulation:

Homeowners in the US filed a class action lawsuit in October 2012 against twelve of the largest banks which alleged that Libor manipulation made mortgage repayments more expensive than they should have been from loans including Fannie Mae and Freddie Mac.

Statistical analysis indicated that the Libor rose consistently on the first day of each month between 2000 and 2009 on the day that most adjustable-rate mortgages had as a change date on which new repayment rates would "reset". An email referenced in the lawsuit from the Barclay's settlement, showed a trader asking for a higher Libor rate because "We're getting killed on our three-month resets. During the analysed period, the Libor rate rose on average more than two basis points above the average on the first day of the month, and between 2007 and 2009, the Libor rate rose on average more than seven and one-half basis points above the average on the first day of the month.

The fifteen lead plaintiffs included a pensioner whose home was repossessed after her subprime mortgage was securitised into Libor-based collateralised debt obligations, sold by banks to investors, and foreclosed. The plaintiffs could number 100,000, each of whom has lost thousands of dollars. The complaint estimates that the banks earned hundreds of millions, if not tens of billions of dollars, in wrongful profits as a result of artificially inflating Libor rates on the first day of each month during the complaint period.

[stockprofitter]

Thanks

[stockprofitter]

Punitive damages…hahaha!!

Can we just be happy with a cup and handle?

[JOoa0ky]

Why would you even respond to him?

[stockprofitter]

If I’m wrong so be it

See you on the other side lol

Let’s go Fannie!

[Golfbum22]

Rood mentions page 28.

Your post shows page 21.

Is there more info on page 28?

Page 21 you highlighted shows an intended Fhfa job description for after conservatorship has ended.

Interesting that she writes this.

Thx again for the info

[navycmdr]

Agreed

— D.L. (@outerspace987) April 23, 2024

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

Fascinating trend in legislating and fiscal spending - find ways for the private sector to pay for or just finance the policy and outcomes the gov wants. CARES Act (servicers and mom and pop investors - “you mind covering those missed payments?” Or the GSEs - (opportunistic…

— Tim Rood (@tim_rood_) April 23, 2024