Heya! And Merry Christmas to Everyone! Mods only get 1 sticky each. I wish we could sticky lots of great posts/info but iHub doesn't let us do it. So unless someone decides they are willing to replace their sticky with a new one, it just won't happen.

Cheers, Dax

I'm hoping for a huge benefit!!!

But after being involved in lots of litigation over the years and growing up in a family of corporate attornys, I can tell you that settlement is the name of the game. It's not often that full trial is actually reached. Criminal yes, but business issues are most often settled. But they are settled for the interests of the parties involved and not for the betterment of the people who aren't part of the suit. Precedent may be set, but the next person will have to fight and pay for their own battle and try to utilize that precedent.

However, often the parties involved agree to seal the settlement information. Just reality, they do. So Berkowitz may come out smiling and waving papers in celebration, but we may later find that the record has been sealed. It is usually quite a bit@h to get that unsealed or allow info from that file into another concomitant or successive action.

If they do settle, we'll undoutedly see a nice pop. If the info on the settlement is available publicly or some action (like release) is taken for all to see, we'll definitely get poppage! But if we subsequently learn that we don't have access to the details, for whatever reason, the pop may not be able to remain at the levels reached.

Maybe there are some lawyers here who can help explain what can possibly happen in a settlement ... or settlement on just a few of the items contained in the suit, with the others still moving forward in court?

Now that's funny ... !!

Wow! That would take Lamebreath off monster status and into "handing shareholders the farm" status .... I'm wondering if we could forgive him if that's the case? I'm thinking yes!

Right, the banks went over the moon with their ability to create $$ by pushing every possible loan because they knew Fannies rules were so relaxed that they could just stuff it in the box with impunity.

Remember those guys? BA, WF, CHASE, COUNTRYWIDE, INDYMAC, etc etc? It only worked for them because Fannie was forced to relax their rules so that housing could be purchased by anyone who could scare up a little cash to get in.

Exactly. But what I got from your previous post I responded to, was that your vision includes Fannie and Freddie moving back into reduced requirements for the "affordable" housing crowd, ie: subprime. If the requirements aren't scaled back for these buyers then there will be no loans available for banks to allow unqualified buyers to purchase so they can push onto Fnf.

Pretty much as it is right now ... and look how fannie and freddie have responded! Coming back alive and becoming profitable! So the choice is clear. Keep it the same and/or make slight guideline changes? Or open the affordable housing free for all again and let everyone whose breath fogs a mirror buy a home?

Face it, that's the ONLY way most of the "affordable housing" people can purchase.

So that's what you want?

Glad to hear you finally talking about FNMA and FMCC instead of simply spewing political rhetoric.

Since you bring it up, how is it that once the subprime loans ("affordable" for the lo/no income crowd) were no longer being stuffed down the GSE's throats at direction of THIS AND PAST administrations, suddenly Fannie and Freddie start to become profitable? And grow in profitability as the guidelines became clear on what paper they would now accept from banks? Clearly forcing the GSEs to dumb down and allow loans to be made so that "affordable" homeownership was available to ALL, doesn't work.

And you seem to want FnF to do it again? Yeah, ok.

Apparently you didn't read this post by riskychick below yours:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106870659

Says quite perfectly how the Repubs look at things.

And yes there are those in both parties that individually wish to abolish FNMA.

Exactly. The "scare the masses" message coming from the MSM (also known as the liberal mouthpiece) is political. Highly politically based articles coming out that IF the Republicans are in power, in any way, then F&F and everything concomitant to FNMA/FMCC will be tossed out of existence. Trust this administration and the Dems to manage this situation, and your life. We have your best interests at heart.

Don't let those evil Repubs win or your life will become hopeless unless you are top tier.

Yeah ok.

I already stickied it in the yellow area. Yep it is an excellent breakdown.

Just wait until the last 10 min of power hour if the uptrend continues! Shorties will pour in ...

From a commenter on Tim Howard's blog. Nicely broken down.

http://fanniemaeshareholder.blogspot.com/2014/10/throwing-out-case-perry-injunction-38.html

Are you a moron? Why yes, by Jove, you certainly are.

Dude, you've asked the same question many, many times now. People have answered. You have google. Any more and it will be clear what you're up to. While opinions are ok for the boards, spamming is not. Just saying ...

That's a question only Obama and his minions can answer ...

My fidelity ATP showed bids fine ... FNMA didn't show up at all for me as 0/0 But they do show day range 1.49 to 1.98 then below that they show the 52 wk low as today 10/1/14 at 1.35

Remember they're pulling the info from whoever is putting it there. MM somwhere ...

yeah, now fidelity shows 1.49 as well as low ... out of the blue they change the low. One could delve into conspiracy theories on all this for sure ....

They show 1.35 to 1.98 as official hi-low trades so far on Fidelity ATP.

the 3.505 trade is undoubtedly a fat fingered MM or a broker/MM taking advantage of some poor customer who put the wrong buy price in at some point.

Good catch!

So how do you still feel about NEWL, VPOR, and TRTC? Just wondering cuz I haven't seen you mention those for awhile? Thanks, Dax

Well, simply because they allowed the stock to keep trading, thereby enticing investment by shareholders. They continue to do so. It's fairly obvious....

They need time so their Official Hard Disc Technicians IV can scratch many, many sealed hd platters with their handy safety pins.

"Your honor, we've tried and tried but those dang computers crashed and physically sliced up all our data. I know it sounds strange, but we're the govt and strange things happen all the time around here."

Yeah but here's the deal .... Govt can settle with Pershing Sq and his three people for a bunch ... even seal the settlement, and then govt goes happily on the way they have been and wait for the next attack. Where does that leave any of us? Nowhere unless you want to hire a high power atty and go after Treasury yourself. $$$$$$ We are literally riding on Ackmans coattails and it might not be the ride we want.

We want him to have principles and fight for justice all the way. But I'm pretty sure he wants a return for his investors more than he wants to do the right thing for the world until the bitter end. So again, where would that leave us? Well, holding our d***s ... Doors, people, doors!

Yup! I think you nailed it!

Complaint by PSquare filed behalf of commons 8-14-14


Learned some things and realized Pershing Square et al are brilliant!

I'm putting the link to the complaint filed today. Wow! just Wow!

http://www.scribd.com/doc/236850558/Verified-Complaint-1-Fannie-Mae-Freddie-Mac-Pershing-Square

or blackmailed..Yup, you got it Lumpina. Exactly.

Yes ... unless they get to her ....

And with this corrupt administration it is definitely possible ...

Good find stockprofitter!

They're rats ... sorry to hear that BH.


I don't have 401ks but if I ever found evidence of my (several) brokers cheating hugely like that, I'd be first in line with a lawsuit they'd definitely notice.

If folks have been around for a year or more on the FNMA board they'll love that one! QATAR oil baby ... !!

Haha you know they'll fill your FNMA order at 3.91 and buy it way lower.

B3.87 A3.88 at moment ...

Unfortunately you found the one flaw with Fidelity

Limit orders ok, stops = Nope for all OTC

I've learned to live with it and it's actually saved me a couple times when the FNMA price bounced and I probably would've been taken out by some slick MMs.

Fidelity -- Active Trader Pro


It rocks! I've got it spread out over two screens and Ameritrade's Think or Swim on another. Haven't had either down at all (yet).

Hmmm ... spose I just jinxed myself!

A bit Uglier ........ 3.885

FNMA price now is ............................

Still 3.91!!!!

Heya detearing! What about NEWL? You still in it and any thoughts?

-- Dax

The press (MSM) are clearly the lapdogs of this administration and are handed the script on whether to make noise or to bury an issue. This seems to be on most every concern that pops up, not just FNMA. Alternative / independent media who start making noise with opposing views and facts, are labelled as nuts or worse and glossed right over.

It's doubtful that journalism in this country will ever return to "real" investigative reporting of times past.

I wouldn't wonder too hard why the administration isn't being taken to task on FNMA ...

Welcome back doOd!! We've missed your humor around here and it's great to read your posts again and relax with some laughter!!

-- Dax

Watt reverses plans to wind down FNMA!


Thanks to KING1U and others for being the first to find and post this article dated today! Go FNMA!!

This is definitely worth stickying!!


http://www.natlawreview.com/article/federal-housing-finance-agency-fhfa-announces-reversal-plans-to-wind-down-fannie-mae