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SORRY ABOUT THAT...Google News showed the story as just
happening within the last 24 hours...Google is going downhill, for sure,
thanks
Love the FNMA enthusiasm, did yoiu happen to look at the 2014 date...
As pertinent as Fanniegate zero 0.05 PPS expectations.
FNMA
Ackman files second lawsuit against U.S. government
https://ca.movies.yahoo.com/finance/news/ackman-files-second-lawsuit-against-u-government-014754809--sector.html
Paging Dr. TightCoil STAT. Emergency emergency emergency. Hemorrhaging.
i think that this stock price is tracking along with how trump is doing with his presidention compaign
And 35 of them are from you and Crappy Day!
Take a break, your posts offer nothing !
Ongoing 3rd phase of the Separate Account plan.
The Common Equity (Retained Earnings acct) is swept to UST the moment it's substituted in the Net Worth (Equity) for SPS LP increased for free (we can't see this effect either in this table and in the Balance Sheets, because all this SPS LP increased for free and its offset, are missing. Financial Statement fraud).
Necessarily, this CE is held in escrow, pending unwinding this operation (A joke "in the best interests of the Agency": FHFA-C's Incidental Power), in order to uphold:
-The exception to the Restriction on Capital Distributions. CFR1237.12: recapitalization.
-FHFA-C's Rehab power (CET1)
The deadline is the latest May 23rd, or 30 days after a motion filed under the Federal Rule of Civil Procedure has been resolved by the court, like the controversial motion for JMOL under Rule 50(b) submitted by the FHFA (55 pages), after an oral motion 50(a) during trial (Thus, (b) can't have the same evidence presented to the jury for deliberation in the motion (a)).
Guess what, this motion hasn't been resolved yet.
"What on earth is left for Lamberth to rule on? Geeeez."
Backs up my opinion that he knew nothing about finance but has to make a ruling so he and his clerk(s) are trying to get educated. I worry about situations like this where a person doesn't know his ass from a hole in the ground...
Most interesting podcast!!!!!!!
Everything has exploded in cost
Now it’s gotten to areas we didn’t expect like
Car insurance
Home insurance
Etc
Yes, only 42 postings today
This board and it's activity after hours has been dead, abysmal, basically anytime Rick posts his Sherwin post, the board post dries up
I hope they dump. The 5.30s GTC for non variable freddie 50s are mine.
You know it, I know it, the whole world knows it:
Shareholders have been Wronged by the
imposition of the Conservatorship
Crappy day. Thanks a lot Sherwin. Thanks for nothing. I am never going to your store again.
the face painting is usually signs of dumping or accumulation, not just to make the day look bad. can someone track level 2 or 3 to find out if its the same MM each day?
In my opinion, interest rates are about where they should be under a normal environment.
But we're not in a normal environment now.
Inflation is out of control. Home prices are astronomical.
Healthcare is eating everyone alive.
I could go on but wont.
i recommend you research more
you simply proved my point. this is hilarious
Higher court on what related to Daniel's ?
1. I never said no inflation
2. I had seen an article with the trailing 3 year number but lets simply use per year
Inflation 2021 7.04 (note this is the year with most COVID and least POTUS impact)
inflation 2022 6.45
inflation 2023 3.35
assuming 100 at end of 2020 - the compounded impact is 18% (or the simple growth is almost
17%)
And that is similar to the number I used which as I recall was about 18% https://www.slickcharts.com/inflation
At same time - wages have grown about 15% ---
What Americans appear to want - is 2024 Wage Level and 2020 Price Level
Not going to happen
And with media talking about price increases of 25-40 percent (way too high) and not mentioning 15MM jobs added and 15% wage growth - no wonder people have the impression they have
HELL _ we are retired with 50% of income on fixed pension and 50% Social Security - so we feel the pinch as well but it is not crazy (we are old enough to have lived through the Volker years and such -- to include 3-4-5 year CD (FDIC insured) rates of 13 14 15 %
Too quiet on the legal fronts:
- Supremes on Presidential immunity.
- Libor
- Lamberth
- CFPB
- Higher court intervening on Trump/Daniel's scam case.
Lots of potential fuel for us if any of this stuff turns in our favor.
Will this Memorial Day be memorable?
The comment deadline for New equity loan product for FMCC is May 16th.
Judge Lamberth has deadline of Thursday, May 23rd.
Memorial Day is Monday, May 27th
Congress is in recess in last week of May, enough time for 2R.
wait till donotunderstand will defend this too, he has a knack to defend that is even in black and white. he thinks there is no inflation whereas everyone know that things are 25-40% more expensive. not sure who he works for
like your enthusiasm, but investors have been saying this for last 16 years and have even died
Don't take a chance of missing out on TheBigOne
Load up at these bargain-basement prices
and sleep like a baby tonight.
FNMA/FMCC - BreakOutRun
Up goes the costs of owning your home with a Fannie or Freddie mortgage
https://www.insurancejournal.com/news/southeast/2024/05/07/773103.htm
A nice plate full of spinach - order up
they are undercapitalized, can't do it
hey at least you got a thumbs down from wise people on such an intelligent question as always
you mean the thomp ing who hides under the desk and when there is less news to cover then all of a sudden posts 30 of them here within one minute that he worked on all week long? lol.
ignore him, he has been ranting 'secret seperate acccount', 'on presdents desk' for at least couple of years, zero credibility
Will read future stuff on this potential area of expansion
I still think F and F are itching to do the lending and cut out the bank (lending on equity balance they know a lot about)
?
I thought SCOTUS said that HERA - which is congress (a law passed by Congress) did authorize all the actions --- nothing wrong with HERA but a separate issue is the implied contract for an equity buyer
Tapping into equity, and putting them into second loan and MBS Ing it can be done without exit. Nothing needs a release for that. -- another tweak to their products
Moreover it's not helping affordability or first time buyer. It's just making the balloon bigger when existing folks take equity and buy another home. Cycle revisited
His posts can be ridiculously long
Like 3 pages
Who TF wants to read that much stuff
No it can’t. Unless the law is changed and that’s not going to happen during election season.
carney talks about how low FnF Share price still is. Clownboard posts FnF charts showing imminent breakout of JPS.
But these guys don't see Elephant (sandra) sitting on the necks of FnF.
SP or charts have no value till you kick off that elephant
I do read but not yours long winded BS.
WASHINGTON, April 30, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its first quarter 2024 financial results and filed its First Quarter 2024 Form 10-Q with the Securities and Exchange Commission. The filing provides consolidated financial statements for the quarter ended March 31, 2024. The following documents are now available on Fannie Mae's website at www.fanniemae.com.
https://c212.net/c/link/?t=0&l=en&o=4153539-1&h=2080769286&u=https%3A%2F%2Fwww.fanniemae.com%2Fmedia%2Fdocument%2Fpdf%2Fq12024release.pdf&a=Press+release+announcing+first+quarter+2024+financial+results
You need to learn to shorten it up and get straight to the point.
Just waiting on marching orders from defendant...
They post $0 EPS every quarter. Can't you read?
I’ve been wondering the same thing, what gse news exists about the libor case.
The fnma newbieish poster has vanished similar to any rubber chicken luncheon presented to Sandra.
Inquiring minds want to know if there is a real case, pertinent, timeline, and what financial gain could the Gses receive.
Of course shareholders get the bone until the govrat conservatorship conjob is removed…
Is labor another 9 month wait…
Fnma
What is the status of the Libor Settlement?
Please explain why
If you make 4.3B in a quarter and the shares only go for around $1.50 per share. The outstanding shares are 1.16 B shares. The math to me is the made $ 3.70 per share in the quarter. I know we are in a conservatorship. The price per share should at least be half of that minimum. It really should be at least 4x that
Long term watcher.
Would be much more entertaining if biden, the 14th greatest president of all time would answer said question, LOL. It is hysterical how they now have an army of white house staffers shielding this buffoon from his doting MSM when he steps outside of the white house on his way to the next vacation or fundraising event. Which is all he ever does. What an international embarrassment this corrupt 🤡 is.
This stock is an Investment of the United States Govt , just ask the 12th rated President of all time Alluhah Ahkbar Obama. He will tell you so !
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