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The yearly Dividend prior to 2008 averaged $1.18 to $1.90 per year per share count you owned.. Each quarter was different depending on earnings in that given quarter the Quarterly average was approximately .29 cents to .47 cents per share.
The last recorded Dividend was for
.05 cents per share owned for the Quarter This was recorded on 8/28/2008 and paid on 8/29/2008
Yes a High PE = 300
A realistic PE of 15 = $240
Feddie should be trading higher at this point the roles should be reversed or at least even
but Fannie in name alone is more popular that's why you see this price difference in my opinion.
Here is the math..
Freddie Revenue 2023= 10.5 Billion Divided by 650 Million shares = $16.15 per share
Fannie Revenue 2023= 17.4 Billion Divided by 1.158 Billion shares = $15.026 per share
They should be higher because the outstanding shares are way less compared to Fannie
Another one I found months back Symbol NMIH
Yes you are correct-and housing BUT NOT for GSE recap
I agree.. What treasury is trying to do has nothing to do with the GSE'S I hope people on this board don't think that and that was the cause for the run up yesterday .. Treasury is following the law and telling the Dems and the country the bailout funds must be used or they will be lost and to re-appropriate the money for a more pin pointed stimulus Like unemployment and the hospitality restaurant industries ppe loans
How can you say winner if the Dems get in we are toast they will never recap ad release they will become a piggy bank to fund fair housing or whatever they deem fit at that time.. Time is not on our side we need a settlement or its over unless same administration stays in power
FYI Ifenprodil is on US National Library of Medicine Web Site at ClinicalTrials.gov
I don't think its because of anything special. In my opinion this was way oversold like the rest of the market this will go back to where it was 12 days ago and even more if any favorable court news comes our way.
FYI- About the virus its nothing to worry about just like the yearly Winter flu in the USA that we have every year except it does attack the respiratory system more aggressively.. and if you have underlying health issues … Its being hyped because of the Trump Effect .
Think about this..The yearly flu KILLS ON AVERAGE 68,000 PEOPLE IN THE USA every year is accepted.. Why are they blowing this up???
I think this is a hit piece in sheep's clothing this writer is trying to stir the pot and get congress heated up to stop the cutting of the housing goals by saying will help share holders.. this is a bunch of crap
I think this is a hit piece in sheep's clothing this writer is trying to stir the pot and get congress heated up to stop the cutting of the housing goals by saying will help share holders.. this is a bunch of crap
Chief Judge Sweeney entered a series of single-sentence orders today staying consideration of the government’s omnibus motion to dismiss in all of the cases before the U.S. Court of Federal Claims “pending the determination of further proceedings in Fairholme Funds, Inc. v. United States, No. 13-465C.”
Mr. Navy do you know what's up with all the 447 purchases? is that a MM code for something..
OUTSTANDING SHARES
Try this Rick, this may help.. Good for us!!!little guys and gals. Derivative Suits
Derivative suits, on the other hand, are claims that belong to the corporation, but are brought by a shareholder on behalf of the corporation because the corporation’s management is either unwilling or unable to do so. The shareholders filing the suit do so as a representative or “friend” of the corporation. It is an effective method of taking action when a shareholder believes management should or shouldn’t have done something. It can also be used to expose fraud and other breaches of fiduciary duty that occur within the corporation. A derivative suit can be particularly crucial when the fraud is entrenched within the corporation and the perpetrators may also be the management themselves.
Minority shareholders can also bring derivative suits in the event of a wrongful sale of corporate control by the majority shareholders. While the minority shareholders are filing in the shoes of the corporation, any proceeds recovered from the wrongful sale will go only to the minority shareholders who suffered damages as a result of the wrongful sale. The majority shareholders who sold control and their successors get nothing.
While a claim for breach of fiduciary duty can only be brought as a derivative suit, other claims can be brought by either individual shareholders as direct claims or as a derivative action on behalf of the corporation. These include breach of statutory duties, breach of confidential relationship, and conspiracy.
Whether you are an individual shareholder looking to preserve your individual rights or want to file a derivative suit against the corporation’s management, your best weapon is a knowledgeable and experienced attorney
This is funny -Ok What does 1,000 mean there is a lot on Navy's post
For Infomation Only...This is from the google board referencing when you bought your shares in the takings claim..
Bryndon Fisher
3:35 PM (4 hours ago)
“Plaintiffs are correct that the original bargaining took place when the GSEs issued the shares, irrespective of whether the securities changed hands after that. Further, the bargained-for-rights related to dividends and liquidation preferences traveled with the shares to subsequent purchasers. Under both Delaware and Virginia statutory law, ‘a purchaser of a certified or uncertified security acquires all rights in the security that the transferor had or had power to transfer.’ ‘All rights in the security’ as used in the statutes ‘means rights in the security itself as opposed to personal rights.’ In other words, ‘[w]hen a share of stock is sold, the property rights associated with the shares, including any claim for breach of those rights and the ability to benefit for any recovery or other remedy, travel with the shares.’ Rights associated with the dividends and liquidation preferences inhere in the security.”
Judge Royce Lamberth
Fairholme Funds v. FHFA
September 28, 2018
Page 17
All speculation by fake news reporter see post 577264
They all have an agenda same as Glen fake News =some fact's then a lot speculation... cant believe what you read today, must try and block out the noise and do some DD yourself.Ignore the speculative background noise and misinformation that plagues this issue.
You are correct and I liked what he stated it makes a lot of sense.. at this point I thought the statement would ease some high flying speculations and udo stress on the board.. I should of stated that it was a quote ... next time.
Navy,let the Treasury, FHFA, Capital Markets, And Attorneys representing the litigant shareholders craft an equitable solution to the recapitalization of the GSE’s. Ignore the speculative background noise and misinformation that plagues this issue.
There is no way that your statement happens - "Because a conversion to commons is highly likely" It would deter future investor coming into the GSE'S if the current investors get shafted
What would the reason be to do a partial sweep does not make sense .. why steel a little more do the gse's still owe them money.
In my opinion the late day sell off yesterday was a knee jerk reaction by the lemons assuming that this article was about the GSE" Going to the supreme court . https://www.bloomberg.com/news/articles/2019-09-17/trump-administration-asks-top-court-to-curb-cfpb-s-independence
In my opinion the sell off yesterday was a knee jerk reaction to this article because the lemons assumed it was about the GSE"S going TO Supreme court. and it dropped at 3:40 In My Opinion https://www.bloomberg.com/news/articles/2019-09-17/trump-administration-asks-top-court-to-curb-cfpb-s-independence
I somewhat see where you are coming from.. about stopping the sweep by the end of the month when he says something about a new letter agreement.WHAT THE HELL IS THAT? then he contradicts himself in saying they must build capital through retained earnings he cant partially stop the sweep that does not make sense they must keep all their earnings if he keeps saying FF+F are leveraged 1000-1 and they must build there own capital that sounds ridiculous
Navy, take another look at his eyes at the beginning of her Question in reference to his 2015 paper about the sweep (between 6:15 and 6:30 mark) he gets very antsy and uncomfortable and looks to his right at least twice. What do you think that was about? its like someone was in the room that was pulling his strings because he was restrained for our benefit in my opinion he kept on saying the same line to most of her questions My roll is getting F+F in safe and soundness condition by retaining capital. Thanks
here is a blast from the past
We Need To send This To Donald Trumps Twitter Account and His Friends In D.C. like Mnuchin and Calabria To Help Them Out. Very Informative And All True and Possible Except the warrant Issue...
I agree this commitment fee is wrong and not justified . I was just stating in my opinion why Steve M . brought it up is to stifle Congress and move forward with what ever his plan may be. The future investors in f+f paper depends on some sort of guarantee by the Government or they will not invest. Other posters prior to my post IMO did not understand what it was for. Thanks for the reply...
The fee they are speaking of is for the MBS Market to feel comfortable buying the paper from Fannie and Freddie the fee will pay for the Implicit OR Explicit Guarantee. What ever they decide to call it . WHICH MEANS the government will be there if needed in a financial catastrophe like in 2008... that's why the Senators AND CONGRESSMAN DISLIKE The GSE now and in the past BeCAUSE IT WAS ALWAYS IMPLIED THAT THEY ARE to big to fail... So if they pay a fee then congress may digest it much easier that FANNIE AND Freddie are going to be back in Business In My Opinion...
Its like in the old days when the so called mafia would walk from business to business and collect money for protection
Calabria has been “pushing for higher reserves,” i.e., more capital, since he became director of FHFA. What he hasn’t done is worked with Treasury to cancel the net worth sweep, or even allow the companies to defer their June sweep payment to build capital while still owing the money to Treasury (by adding the deferred payments to Treasury’s liquidation preference). He may have his reasons for that, but it’s been his show since April. Now that we have the Treasury reform plan and the Fifth Circuit en banc ruling, maybe we’ll see some concrete steps taken soon–although Calabria gives no hint of that in his prepared remarks to the Senate Banking Committee.His comment mentions that the Dodd Frank stress test results show a decline in home prices of 25% (which is consistent with the decline in prices of 27% during the last downturn) would result in combined losses of $43.3B. On page two he says that he will act to build capital consistent with their risk profiles. Wouldn’t it make sense that he base his proposed capital rule on the figure he references of $43.3B since it’s based on their current risk profile? Maybe a multiple of it and not bank-like capital? I know you have mentioned that the validity of the test might not be the best, but it looks like Calabria puts some value in it.
jtimothyhoward
September 9, 2019 at 9:34 pm
I did note the mention of the stress test results, and wondered if Calabria knew how favorable they really were. And the $43.5 billion is overstated, because it includes the assumption that a $25.3 billion reserve is set up for the companies’ deferred tax assets, which (a) none of the Dodd-Frank stress tests for banks do, and (b) isn’t appropriate because with only $12.8 billion in projected stress credit losses, each company would be viable as a going concern, and GAAP would neither require nor permit a deferred tax asset (DTA) reserve to be set up under those circumstances. Take the DTA reserve away and Fannie and Freddie’s combined stress losses are only $18.0 billion, or about 35 basis points of their total assets. I do hope, though, that the FHFA staff instructs Calabria both on the workings of the Dodd-Frank test and the stress test mandated by the Housing and Economic Recovery Act. That might help get him to move away from his insistence that the companies hold “bank-like” capital; they don’t have anything close to “bank-like” losses. Sorry for the long read this was on T Howards Board...
Where is detearing? He needs to update his list...
That's funny... The best one I remember was the Adolph Hitler video ...Does anyone have the link? That was clasic
Not good, the firm Houlihan Lokeyhe is a bankruptcies , receivership company expert.
Warrants may be exercised not at the beginning they will be held for collateral and may be sold as time goes on 2- 10 yrs. If that happens BIG IF.. then the takings claim is ripe. The government will not sell on the cheap if that is the plan. They may sell small at 17 and above over a long period of time not to disrupt the market rise of share price....Also for the conversion theorist out there,The current administration will NOT convert ANY CURRENT CLASS to raise their capital needed to head off any future down turn within housing !!! Read between the lines...
This will never happen!! IF either entity is to survive no conversion of any current class will ever take place.if this occurred no future investors big or small would ever invest if they new "Again" at any time during a down turn that the government could step in and take your property and reduce your current value. So enough already with the conversions and reduction of commons this will not take place to raise capital. Just read between the ….. and you will see.
Navy , Hypothetically if this article is true facts.. What's the difference what Corker did on live TV- "SHORT THE STOCK"