Freddie Mac-No Politics (FMCC)

[FFFacts]

Meaningless

[FFFacts]

Amul is one of the best judges. Very fair and no bs.

[Guido2]

Courtesy Nagoya1:

Thapar also led the Southern Ohio Mortgage Fraud Task Force, which successfully prosecuted approximately 40 perpetrators of mortgage fraud. He led the successful investigation and prosecution of a conspiracy ring to provide illegal aliens with fraudulent driver's licenses.

In another case, Thapar explained that if the owner of a bar "promised to pour [a] man a glass of Pappy Van Winkle" - a rare high-end bourbon - "but gave him a slug of Old Crow [a much lower-priced bourbon] instead, well, that would be fraud."

[nagoya1]

I found this about Amul Thapar: Thapar also led the Southern Ohio Mortgage Fraud Task Force, which successfully prosecuted approximately 40 perpetrators of mortgage fraud. He led the successful investigation and prosecution of a conspiracy ring to provide illegal aliens with fraudulent driver's licenses.[5]

https://en.m.wikipedia.org/wiki/Amul_Thapar

In another case, Thapar explained that if the owner of a bar "promised to pour [a] man a glass of Pappy Van Winkle" – a rare high-end bourbon – "but gave him a slug of Old Crow [a much lower-priced bourbon] instead, well, that would be fraud."[20]

If I find anything note worthy, I'll pass it along.

Keep fighting the good fight my friend. FMCC

[trunkmonk]

FHFA announces final rule requiring @FannieMae and @FreddieMac to submit annual capital plans: https://t.co/h1ZzYp5e1c pic.twitter.com/MFDUJKmYFG

— FHFA (@FHFA) June 1, 2022

[tutt1126]

Watch "Special Report: The Coronavirus Pandemic's Wall Street Connection | China in Focus" on YouTube

[primewa]

The Tesla CEO provided some insight into the reasoning for his political switch, claiming that Democrats aren’t necessarily controlled by the people but by special interests.

"The issue here is that the Democrat Party is overly controlled by the unions and by the trial lawyers – particularly the class action lawyers," he explained..2024 GOP president will fired all the current crook gov and make F&F be great again. Crook gov enjoy while you can because your good time soon be over when America one again to have GOP president. I can see the crook in charge of F&F get fired and pack up their stuffs back home. Let the crook gov suffering day & nigh in bed for destroying many hardworking family by continue put F&F in Cship. Inflation will hurt for many middle class company. Can't wait to see MAGA in 2024 so F&F.

https://www.foxnews.com/media/elon-musk-lights-twitter-announcement-hell-vote-republican-next-election

[primewa]

Just about time the American people have enough and finally put forward their insurrection to the dictatorship court club clueless the BS court of the land. The crook court thinking they are above the law and forgetting they are just human being like the rest of American people. The crook court needs to understand this is the land of the free. Dictatorship had no role for it. Conclude with crook gov ok to take do whatever with F&F SH so damn wrong. Fck the mother crook court the bs of the land. Now, the karma comes back and bites your mother fck. I do hope your crook court as well the crook court family and crook gov cover up to steal the rightful owner of F&F SH will suffering day & night as well the greatest vain on earth for what they done to F&F SH. Karma is the bitch for your mother fck crook court and crook gov asking for it. Just get used to it your mother fck crook period.

https://www.yahoo.com/news/protests-at-justices-homes-fair-game-or-too-far-165041841.html

https://www.yahoo.com/news/coast-coast-rallies-support-abortion-041348510.html

[primewa]

Crook court high of the BS land abusing power destroying many life and many hard working American family not knowing from right to wrong causing many life suffering under crook gov put F&F Cship. Because the lowlife crook court concluding with crook gov ok to take private company and can do whatever. The crook court high of the BS land create the storm then crook court shall receive day and night suffering even in their own bed as well their court crook family call Karma. F&F SH holders already paid back the loan plus interest but crook court choose to ignoring rightful owner. What comes around goes around court crook will suffering ultimate in vain while live on earth for what they did F&F SH. Again Karma that what a pity pay back.

[CatBirdSeat]

LET’S GO GLEN ! LMAO!

[primewa]

Justice Alito cancels conference appearance days after abortion ruling leak. Karma for those destroying F&F SH what goes around comes around. May those crooked gov and their love one will suffering day & night in greatest pain of vain for continue hold F&F in Cship. Ok for 33 billion for more weapons for other country but so cowardly release F&F out Cship continue talking crap after crap and raising the interest and more homeless and crime keep going up. Fck all the useless crook in charge and let them fight each other. Crook vs crook.

https://www.axios.com/2022/05/05/justice-alito-cancels-appearance-abortion-ruling-leak

[tutt1126]

As of now, the #GSEs count with only one CEO and COO for both of these enterprises. Do you think a merger is on the horizon? $FMCC $FNMA

— José E Burgos Lugo, PA (@TheBurgosGrp) May 1, 2022

[tutt1126]

https://www.nahb.org/advocacy/top-priorities/sign-nahb-letter-to-white-house

[primewa]

Bottom line the corrupt court concluding with crook gov stolen F&F SH in broad daylight so obvious. Using F&F as scape goat to bail out TBTFB 100 % because those crooked their brain so fck up period. Take the private company profit for using the bs payment and the crook court has no issues. What kind the BS is it? It doesn't matter when someone took the money for using other need is wrong and crook gov can not be above the law period. Constitution here and there BS meaningless for your mfck crook. Fck that crook gov write the BS law as they go. The crook gov so dam pretending high class nothing else like the common thief styles. Fck the mfck crooked gov and their family and mm and coyote hope your crooked suffering in greatest vain on earth and die in vain for put F&F in cship for your own buddy benefit.

https://www.yahoo.com/news/pelosi-sees-her-power-slip-161133089.html

[primewa]

No one set fire under DJT, Under CJ high inflation, interest rate going up and, MASKS MANDATE AND high corruption from court. HERA can do whatever mfck bs verdict TO F&F even robbing the SH without remorse fck the crooked court abuse the power. I HOPE THE CROOKED GOV AND THEIR LOVE ONE SUFFERING IN GREAT VAIN ON EARTH FOR CONTINUE STOLEN $$$ FROM F&F SH AS WELL MM AND COYOTE . NO ISSUE USING TAXPAYERS $$$$ FOR WAR BUT UNWILLING TO RELEASE F&F OUT OF CSHIP AND SEND BUNCH OF LETTER OPT IN OR OPT OUT WHAT THE FCK HYPROCRISE. CROOKED GOV ALWAYS THE CROOKED PERIOD. MORE $$$$ FOR WAR BUT NOT MAGA SO BS. ELECT THE PUPPET KNOW NOTHING TO IN CHARGE F&F TO CONTINUE IN STEALING $$$$ FROM SH.

https://people.com/politics/colo-man-dies-after-setting-himself-on-fire-in-front-of-u-s-supreme-court-building-police-say/

[primewa]

Very ridiculous when F&F were wrongful put into Cship by lowlife crooked gov in the world almost bankrupt due to BS war in Iraq and bailout TBTF bank. Did anyone F&F SH receive the mail on ballot that is ok to put F&F private company to be in Cship? My point is why send out bunch of mail Fannie Mae/Freddie Mac Senior Preferred Stock Purchase Agreement Class Action Litigations about Opt in or Opt out by whom and where did they get the information from and who is providing F&F share holder name? 14 years F&F in Cship and paid back the 300B plus interest why the mf crooked gov still pretending bureaucracy like nothing happen. Spending tons of $$$$ from taxpayers for war but continue hypocrisy take away F&F SH profit. Now with high inflation going to the roof. The crooked had no choice except raising the interest rate. Good luck for it. Karma will catch the mf crooked one way or another and I hope all of them rot in hell as well all their love one same with lowlife mm as well coyote too. Believe it.

http://fannie-freddieclassaction.com/

[shanon1]

Me to, got mine this morn and need to optout by the 23rd in just a few days, notice states that I may want to ask my attorney on what to do or do nothing and be part of any settlement or court award, if any.

[primewa]

Biden administration no problem to erase student debt of more than 40,000 borrowers. F&F making B of B each quarters still in Cship from hardworking family taxpayers. Crooked gov siphon F&F profit to pay off student debt just like ombuma siphon to pay for ombuma care from F&F profit. So F_ing unbelievable.

https://finance.yahoo.com/news/biden-administration-erases-student-debt-of-more-than-40000-borrowers-184657817.html

[trunkmonk]

DOW up over 500 pts after feds talks about 75 basis rate increase, so GSEs almost up a penny today. Keeping it light.

[Pecker9Wood]

could it be because of IPO that FNMA common wasn't part of the option out of class action?

[primewa]

Making Fannie Mae and Freddie Mac a single utility. Crooked gov will make it happen and settlement all lawsuit J&C before the biggest IPO. Time is running out for FHFA as 2022 midterm election. When GOP take over both gov. The current crooked gov will be over soon their agenda will kiss good bye.

https://www.housingwire.com/articles/making-fannie-mae-and-freddie-mac-into-a-single-utility/

[primewa]

The reason I can think of why suddenly exodus executive and the board leaving in my own opinions conflict of interest they may already bought bunch of F&F J & C cheap share through hidden third parties. Now F&F is going to in IPO as matter of time which means the crooks gov will settle all the lawsuit for J and C before IPO those own the J & C share will make tons of $$$$ then they will make more when they reinvest $$$ to new F&F IPO share. They don't want to be label insider make $$$$ which will give them a problem. It is all about $$$$. They just need the media to know what the reason they are leaving but deep down inside their heart and mind. They are know damn well. Why do you think the hedge fund still own J &C share. Believe what you want and the Cship show will be end eventually. Believe that.

[mrfence]

Who else has recently received a 7 page copy of the NOTICE OF CLASS ACTION?

It names all holders of Fannie Mae, Freddie Mac Preferred, and Freddie Mac Commons as of 12/7/21 as members of the Class.

Defendant's are Fannie Mae, Freddie Mac, and FHFA.

Trial Judge is Royce C. Lambert's of the US District Court for District of Columbia

For more information call 866-233-8485
or go to http://www.fannie-freddieclassaction.com/ for a copy of the notice

[primewa]

F&F out of cship to be largest IPO ever according ST only if crooked gov make the settlement for C and J for the right amount after 14 years of Cship BS. F&F will be a cicada event getting them out. ST also agreed F&F already paid back the amount of loan plus interest in the amount of 300B. Take a look the clip 27:30 from teenager to high school?

[trunkmonk]

Ask who bought today and then u know.

[CatBirdSeat]

6.7. Effect of Order; Injunction; Decree. If any order, injunction or decree is issued by any court of competent jurisdiction that vacates, modifies, amends, conditions, enjoins, stays or otherwise affects the appointment of Conservator as conservator of Seller or otherwise curtails Conservator’s powers as such conservator (except in each case any order converting the conservatorship to a receivership under
Section 1367(a) of the FHE Act), Purchaser may by written notice to Conservator and Seller declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate.

[tuzedaze]

Anyone get a class action notice in the mail?

[CatBirdSeat]

Hedge Fund Trader Melkman Sees Monsterous Rise Of Fannie & Freddie Soon…$$$$$$

“His current fund has been betting on the rise of Fannie Mae and Freddie Mac preferred shares, the person said, and he expects to carry those positions to his next trading gig. The two mortgage giants have been under federal control since 2008. “

https://www.bloombergquint.com/amp/business/macro-trader-melkman-weighs-reboot-as-light-sky-returns-money

[Civil War General]

Could of?
You mean Could Have.
And yes Trump could have, Obama could have, Biden still could, but the Senate must approve his choice of Secretary and that is Mitch McConnell’s fault.

Biden can play the Trump game of never appoint a Secretary, but a series of flunkies as “Acting” Secretaries, which never needed Senate approval and he just fired them and got another “Acting” Secretary which is typical of his “rules don’t apply to me” narcissistic mindset.

“Court rules President Obama and Trump could have stopped the net worth sweep "at any time"

[trunkmonk]

If 2Billion is only worth .001 then we got long way to goohohohow.

[JoEy D BuLL]

why nothing posted here today?

[CatBirdSeat]

Trump Admin Could Of Eliminated The Sr Preferred Stock Preference At Anytime. Two More Years Was Not Needed.

Now Why Did Trump Not Do This…?

“The government argued that since POTUS Trump always controlled the Treasury Secretary during the entire four year term, POTUS Trump could have eliminated the senior preferred stock preference at any time, so that the unconstitutional FHFA director removal provision created no harm.”

https://ruleoflawguy.substack.com/p/fannie-and-freddie-collins-on-remand?r=35rec&utm_campaign=post&utm_medium=web

[tutt1126]

https://santafebeautifulhomes.com/heres-where-the-fhfa-is-headed-under-sandra-thompson/

[Lite]

Never mind what is right for the Shareholders.

FHFA Keeps the hate rhetoric going - nothing but banter to help promote a distraction and a distrust of the system.

A bit self serving. What of Shareholder rights? What is the timeline to realist and end c-ship.

Govt has screwed with this long enough.

[FFFacts]

Quote:I read the letter agreement you read the books.



I read the law. HERA specifically defines what core capital is, and looking at the balance sheets, core capital has been increasing since the two letter agreements (Sep 2019 and Jan 2021) have been signed.

You said "Technically they are not recapitalizing they are just retaining cash" and that statement was wrong. FnF are doing both of those things, and Treasury's claim to that cash doesn't matter when it comes to HERA's definition of core capital.

Quote:You don't know what they envision for the future.



True, but I do know what they envisioned for (what was at the time) the present, which is that each dollar of senior pref liquidation preference is not worth a dollar in cash.

Your statement is not a rebuttal of mine anyway, merely a side note.


You are merely inferring that from the balance sheet. As I had mentioned already the letter agreement states simply treasury claim and the extent of that claim. You are reading too much into this and trying to infer the future based on what you think is going to happen. Read the text of the letter agreement.

[highwaymap]

I paused in buying freddie jps and commons today and started to buy fannie instead bevause freddie missed their affordability goals. Lol. I support both GSEs.

[tutt1126]

Old article for a researchers only and for information only.
It's nothing new.
https://www.everycrsreport.com/files/20130913_R40800_d28203f216a94fdd1aed3b09756195370c0d0655.html

[tutt1126]

https://nationalfairhousing.org/2021/11/23/nfha-and-advocates-urge-the-federal-housing-finance-agency-to-adopt-a-regulatory-capital-framework-that-promotes-racial-equity/

[highwaymap]

I premium for fnma vs fmcc closed for a good month now. Even the preferreds are somewhat mirroring their counterpart.

[Robert from yahoo bd]

The previous POTUS letter seems like it could end up helping the Collins Plaintiffs and at least the Donald called out the injustice inflicted upon hard working Americans by the NWS, let's hope someone reads it and understands what exactly the shareholder injustice is here.

[FFFacts]

what about possible damages awarded to shareholders not being released, BUT FOR the unconstitionally insulated FHFA Director problem in HERA?

That's a matter for the appeals court to decide whether the claims proceed individually or derivatively.

[Robert from yahoo bd]

In their latest term, the SCOTUS in Cedar Point Nursery, determined there was a temporary or partial taking and remanded to the 9th Circuit for damages. If the legal question as stated by Judge Lamberth is whether or not the jps and common investors could reasonably anticipate that the government would act the way it did, in sweeping profits to itself and giving NOTHING to the jps and common holders and the answer is that no they could not, that could be found to be a breach of the implied contract and additional damages could be awarded above and beyond the temporary taking from the nws.

If there is found to be a temporary taking via the nws, the damages from the the unconstitionally insulated Mel Watt sweeps of profits could be deducted but in addition to the swept profits under Watt, what about possible damages awarded to shareholders not being released, BUT FOR the unconstitionally insulated FHFA Director problem in HERA?

[FFFacts]

The court that can moot all the others are the takings case. If it was found in 2012 or 1008 a violation took place whatever happened after that is irrelevant.

[Robert from yahoo bd]

I think each of the 3 cases you mentioned are mutually exclusive. In Collins the federal government is on the hook for damages from actions it took while unconstitutionally structured. In Laberth I believe that the government is potentially liable for contract damages. And in the cfc the government may be liable for constitutional violations of the 5th Amendment Takings Clause.

If any of the separate courts rules against the government, the doj could ask the court to consider damages paid from other court cases but it should be up to the discretion of each separate court.

[FFFacts]

Thanks again Havoc5! It seems that the fact that the Collins v Yellen remand is being heard on the same day the 5th Circuit En Banc is hearing CFPB v All American Check Cashing is significant - thoughts?

No significance. Then en banc only meets a few times a year when they meet they hear many cases on the same day for judicial economy.

[FFFacts]

There are several issues to consider.

If the Appeals court for the CFC rules in favor of a full nationalization. Can another court practically moot that verdict via another damages model? Which case of the 3 (Lamberth, Collins, or the CFC would take the lead on a damages claim? It could be that the constitutional case be used as a last resort which was always the backup plan but now that it has gotten this far how does it stop pending a favorable ruling in another court?

[Rk3]

Everyone, the time is now! Forward the Trump letter to all media outlets and ask why they have been asleep at the wheel? Stealing from Citizens!!!! They have swallowed the Treasury narrative hook, line and sinker!! Talk about disinformation and misinformation, it appears that even SCOTUS lapped that BS up. Demand the truth be told.

All the best!

[Red Cloud]

Don't forget the other counterparties / beneficiaries

Getting punitive damages from the Federal Government may be one thing, however, if the Government (theoretically of course) colluded with, say, Goldman Sachs in order to make Goldman whole at the expense of Fannie / Freddie shareholders (by forcing F&F to purchase $Millions of subprime mortgages at 100 cents on the dollar), then is it not possible that Goldman could be liable for actual and punitive damages?

Why else the severe reluctance to release the 12,000 documents in discovery? They're hiding something BIG, and this could be the icing on a very large cake.

Good Luck Everybody. Good day today.

[Bostonsesco]

Not to mention sexy letters don’t do nothing for us! It’s just used ink

[ItsMyOption]

I gave you the link open it.

https://ih.advfn.com/stock-market/USOTC/federal-home-loan-mortgage-qb-FMCC/trades