[Rodney5]

Pay the Common Shareholders fair value and pay the JPS par anything less is stealing.

Fannie Mae Reports Net Income $20 billion per year… Price to Earnings Ratio of 12 x $20 billion = $240 billion Intrinsic Value of the Earnings Power of the business.

$240 billion net / common stock outstanding 1,158,087,567 = $207 per share

HOW TO WIN !

Barron Quote: “I posit that the variable liquidation preference outlined in the SPSPA and all amendments are an illegal commitment fee/charge attached to the purchase of the senior preferred shares. Prohibited by the Charter Act. The warrants are also a fee in consideration for access to the commitment. Prohibited by the Charter Act.

I posit that the senior preferred shares with their variable liquidation preference as outlined in the SPSPA constitute a new product for the purpose of the secondary mortgage market outlined in the charter act at sec 1719.

I posit that under the safety and soundness act as modified by HERA, the sale of SPS with a variable liquidation preference to Treasury under authority of sec 1719(g) of the Charter Act required notice in the federal register, opportunity for public comment, and official rule making by the plain language of the safety and soundness act.

I posit that the above statutory violations necessarily violate the warranties on behalf of the FHFA-C contained in the SPSPA.

301 Billion to be returned to the corporation. LP and warrants canceled. Future of 191 billion of taxpayer debt illegally given to corps to be determined.” End of Quote

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172470841

[Wise Man]

Our negotiator slams the WSJ's Ackerman.
When talking about false rhetorics peddled by the plotters that want to keep the control over the enterprises, commented on Tuesday:

"Government implicit guarantee on MBSs"
"Wind down FnF by raising their guarantee fees"
"A NWS dividend is a typical renegotiation of obligations. Thus, within the FHFA-C's power."
"Conservatorship is being very profitable for the taxpayer"

the WSJ is one of their tools:

"A rule requiring FnF to hold more capital than the $35 billion currently allowed to hold"

, when, first, the $35 billion was Net Worth, not regulatory capital and, secondly, the conservator cannot switch on/off when a conservatee can retain capital and syphon it off to the government instead.

"The firms were taken over by the government in 2008".

As in a "takeover"?
By calling the release from Conservatorship:

"privatization".

Also,

"The ongoing support from US Treasury is necessary for their business model".

False. Only when they subsidized their g-fee that made them hold a thin capital ratio, which isn't the case now, both regarding g-fees and the Basel framework for capital requirements, under the Separate Account plan.

Lately, Ackerman repeats that the mortgages of FnF are

"backed by the government"

, which was first initiated by Pelosi and Mnuchin, known for meeting together in a room alone, sat at a table to negotiate multi-trillion-dollar plans and the Federal Budget, hand-in-hand at the stroke of a pen. It occurred in the CARES Act, in which Mnuchin has said openly that he participated, which refers to "Federally-backed mortgages" to the ones acquired by FnF. At least, misleading, because it implies "guaranteed" and the Charter states otherwise:

It'd be better to say "government-sponsored mortgages", if any, but that doesn't authorize the Congress to mess around with the mortgages of private corporations for the lawmakers' PR campaign, with activities that aren't contemplated in the Charter Act. At least, without paying for it, as it was Ginnie Mae the one that kept the Special Assistance function when it was spun off from Fannie Mae in its privatization of 1968. A PR campaign also for the FHFA, that is another reason for the lengthy Conservatorship. The FHFA Director even wrote a book about it later.
And, while they are at it, explaining the theme of "sponsored", they can also explain the UST backup of FnF in the Charter dynamics, as seen with more detail in the SPSPA.

1st,Govt Implicit Gtee on MBS→Loan govt gteed→Now, loan govt backed.
Better "sponsored" if you wish, as the only "backing" is the UST backup of FnF as a last resort,purchasing SPS upon neg Net Worth(Capital Deficiency in the PA)
Pointless today under Basel framework.#Fanniegate https://t.co/RaYR6s5N0S

— Conservatives against Trump (@CarlosVignote) November 29, 2023

[LuLeVan]

In many countries around the world, the law is such that if you lose a case, the losing party has to pay all the costs. So I do not understand why Hume and Co. are asking for 20 to 30 per cent of the amount in dispute from the plaintiffs who have won the case. FnF and/or FHFA should pay the full amount.

[SREZ]

kthomp19,
Thanks for your answers!
Regarding expenses, what will they be? Estimate? Is there a chance legal fees might be paid by the USG/FHFA/F&F?
I believe JPS holders made a contingency deal where Hamish & Co will take 20? 25? 30%? Any way those expenses are paid/partly paid directly by the Defendants?
Assuming the contingency % is 'high' & must be paid by defendants, can these fees be negotiated downward? Do these (now) substantial contingency fees make it likely (or less likely, or no effect) that Hamish & Co would NOT want to appeal on behalf of Plaintiffs?
Who negotiated the contingency %?
Will this judgement be appealed by Defendants?
How long will it take b4 any $$$ is made available/payable to shareholders?
Does this judgement help, hurt, or have no effect on F&F exiting Conservatorship?
Are we reliant more than ever on Trump becoming President b4 any meaningful change in F&F's status (i.e. exit from Conservatorship)?
TIA

[imbellish]

*probably

who are you even talking to?

[Wise Man]

The CFPB is OFF-TOPIC.
It's been explained a thousand times that the FHFA oversees congressionally-chartered private corporations and thus, it has very limited powers.
For instance, this is the reason why we are requesting a refund of the CRT expenses, net (turned into Retained Earnings), without second-guessing. The CRT operations are barred in the Credit Enhancement clause of the Charter Act and its powers as conservator don't allow it to break the law at its will, creating a parallel Charter Act, with the objective to tailor good deals to crony investors and chamber investors, like JPM, BLK, BX, MS, etc. Remember their CRT symposiums attended by former MS and BLK Craig Phillips, BLK, among others? A telltale sign of a scam, later followed by the Bitcoin symposiums.

Let alone that it's barred in the Fee Limitation clause as well, in the case that it's money syphoned off to UST under the Mnuchin's slogan of "the taxpayer be appropriately compensated" or the "to protect the taxpayer" of the other Goldman Sachs alumni, Sandra Thompson, because this is also a lie: the taxpayer doesn't bear credit risk in FnF, the purchase of SPS isn't a loss to the taxpayer (UBS's Hensarling, former House representative). Not even as holder of obligations (compromise of repayment) SPS. The way that FnF are protected is, precisely, with the opposite: building capital that absorbs future (unexpected) losses, basically with their Retained Earnings accounts (CET1). Not with capital stock, by the way, which is tasked only with offsetting a negative Retained Earnings account like nowadays in the phony Balance Sheets, or in the adjusted Balance Sheet shown in my signature image below, in early conservatorship.
That's why the capital ratios, Basel framework, g-fee hikes, soundness, Table 8: Payout ratio, Restriction on Capital Distributions, etc. Does it ring a bell?

[along4zride]

She’ll never see $1.00 again . Cut the crap .
Minor head fake on flimsy news will prove to be just that . No one can call the bottom here based on (FNMA) history. Probably best to take the couple of pennies gain and count the blessing.

[Wise Man]

Nice going, plaintiff Joshua Angel.
Did you tell this to judge Lamberth and judge Sweeney as well?

Thanks for going through my ass to reach my brain to see what i am thinking.. It does hurt though

[TightCoil]

You're sharp, BlabberForth, can't get one over on you...Sigh

[Ace Trader]

OK we are on the same page my friend ! Yes NO ONE KNOWS ANYTHING, it's all guess work until the Corrupt Gov does what we all are dreding!!! You know they are greddy for there pet projects !

[Louie_Louie]

Exactly. My previous post that you read was sarcasm. For the one's who keep pushing flavor of the day to scare people.

[bradford86]

The truth makes you angry. Shrug

[Ace Trader]

HOG WASH ! Where do people come up with this crap?? JPS have legal contracts the Gov just can't change the contracts as they see fit without approval from JPS PERIOD !!!!!! It was even mentioned in Cab Mans book if that's any recourse !

Commons have NO protection! I own both JPS and Commons. I keep commons for a wild card play! I hope the Gov doesn't do a cram down but it's anyones guess !!

JPS most likely won't see full par and given a discount with the SPSA but who knows? After 16 years in C ship NO ONE KNOWS SHXT !!!!!

[Louie_Louie]

But then I'll be as looney as the one's here preaching the darkside theories.
Notice though....unlike them, I did not say their JPS would convert to billions upon billions of shares worth .00000000000000000000000001 cent🤔

So I'm a nice guy, and better grounded. Lol

[EternalPatience]

Next step, you need to hire 10 folks to either hail this theory to the moon or rearrange these sentences in random order and post the same message non stop everyday

Then you have a cult following group soon

[Patswil]

Ty very much for the effort

[Fannie Heyyyyy]

I got on Rep. Ogles conference call and managed to ask the question on HR5549, but I guess there were too many questions in queue so it wasn't heard. He did not talk about that bill at all.

[TightCoil]

And so Modest...the sign of a true Giant of his field, just pointing out the facts....

[navycmdr]

[Clark6290]

Not a basher at all, just like to point out the facts and not break out the champagne for a penny or two gain.

Longtime holder FMCC and FNMAT

[TightCoil]

Yeah, I guess i'm going to have to admit it: you are one basher
extraordinaire...yes, YOU, single-handedly, keep the pps down
with your posts... potential buyers respect what you say, and
won't buy and current holders rely on your comments and sell...
hard to get it up with you around.

[Louie_Louie]

It's the long awaited JPS cram down!!! They will be given ONE new issue common share for every 10 JPS, then their common share will reverse split 50/1, so the 50 shares end up worth .000005 cents. The regular commons will moon launch to $150-$200 a share, and the shareholder named navy will buy out all the old jps holders, now new issued commons, with 10 of his old shares.

Just my prediction. See how that works?

[EternalPatience]

whats in shifting decimals to the right, between friends.. No big deal

[Clark6290]

FNMA closed at $.90 on >28M volume 17 Aug 23, next day dropped to $.62 on >18M volume. 1.9M volume with 1.16B shares outstanding is extremely anemic, lil bro would certainly call it illiquid. Based on previous coil posts, we were going to hit $1 pps every week for the last several months. Harami Candles, American Bulls, Barchart.com and now triple mountain BS - good grief Charlie Browns.

[TightCoil]

FNMA closes at high of day - 74.89 - Bigger Rally to come

[Robert from yahoo bd]

I think Median Family Income by zip code or county is typically used to designate demarcation points for low, middle and high income determinations.

[navycmdr]

... $Tripple Top on the $Chart - .

[JJ8]

FNMA share price Triple Top Breakout today on 29-Nov-2023. GLTA

[navycmdr]

Financial Services continues to HAMMER on "Un-Constitutional CFPB"

https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409059

#WATCH: Chairman @PatrickMcHenry to @CFPB Director Chopra at today's hearing:

"Where the Biden Administration doesn’t have the authority or votes in Congress to make a change, the CFPB under your leadership simply forges ahead, unchecked."

More: https://t.co/Nl6CNII1qQ

📺👇 pic.twitter.com/oECpBeHExG

— Financial Services GOP (@FinancialCmte) November 29, 2023

[navycmdr]

FNMAT -.055 _-2.51% _ 30,207 total miserable illiquid Volume -

didn't get the Memo ...

[nagoya1]

I think they forgot what the “power of the purse” actually means. The govrats think it’s the power felt after a purse filled with a wallet, makeup…feels when they receive it across the head for conduct unbecoming….lol
Is the deficit power if the purse…nothing in the purse…

Fnma

[krab]

FNMA closed at the HOD !!!

[navycmdr]

FNMA _ +.0239 _ +3.30% - 89,500 shares - Buyin' the close ...

1,942,821 volume ...

[nagoya1]

KY- everyone knows that application. Lol
Fnma

[navycmdr]

Committee Republicans have long declared the @CFPB's funding structure as unconstitutional.

At today's hearing @RepAndyBarr put Director Chopra's Bureau on notice:

"It's time for Congress to regain its most important oversight tool, and that is the power of the purse."

📺👇 pic.twitter.com/Pg51ihVSkV

— Financial Services GOP (@FinancialCmte) November 29, 2023

[Fannie Heyyyyy]

Thanks bro. I will!!

[LuLeVan]

Schnauze, Holger!

[Bostonsesco]

Trading value up 131% crazy

[navycmdr]

jus Download the free real time Level II Schwab platform ThinkorSwim

set it up anyway you want to including CNBC TV Streaming