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HE'S GOING TO TAKE A WREAKING BALL to congress !!
His cabinet will be assembled into small groups tasked with certain areas on the worklist.
He stated he wanted to release the GSE's
He wants to dismatle the IRS and only allow corput tax. The no income tax for intervals will be capped at something like $50k or $100k type thing.
The ATF will need to be dismantled along with many areas of Gov.
The FBI will be slaughtered. It should be shutdown and each department end up at each police department just like the detectives are based at each department.
Election laws will need to be changed
He's already talked about crypto and what he plans to do with trading it and the US dollar.
His task force for deporting all the illegals needs to happen thats going to be a big job !
He will have to have a big time ready to go he's got 4 years and word on the street is the Dems want to limit what he can do once in the whitehouse..
When your retired time doesn't matter ! Will in time fannie and freddie be released come Nov 5th? What's the plan going to be in time? I have all the time in the world as I'm retired !
With any possible release one must ask the questions :
R/S of common in order to uplist to a major exchange?
JPS , What to do with them all? Nothing? or a reduced share of the companies? Still at 50% on todays prices it's a far better beat than common shares!
R U Sure? Wasn't it meant to stop Feb 4th 2024 ?? If this is continuing to grain interest that was Judges plan for them to settle and not drag this out!!
I own a huge amount of Freddie $50 JPS and Fannie $25 saving them for dividend payments into my retirement later years and when / if released ! My freddie commons are a wild card play, I own more of those than JPS and have flipped them a couple of times but holding tight for a run up to Nov and into 2025 see what happens. That's my game plan everyone has there own! Trade accordly ! Happy to see everyone make a ton of $$ if they ever get released !
I was just thinking about the timing of all this the other day and it got me thinking. WHAT TIMING, how it all went down in 2008. It's pretty much a steel of private companies for the banks and greedy WEF to control the world in every aspect. Remember what they said ( YOU WILL OWN NOTHING AND BE HAPPY)
Those losses are just the beginning.
As shareholder capital gets wiped, the government will have no choice but to seize the company and
place it in conservatorship or receivership. Importantly, mortgage-backed security holders guaranteed
by Fannie Mae will see no losses.
Classic grab by those in power!!!! Turning the mortgage market into a Cartel just like the dollar, Banks, Car market, Food production, Medical. It's happening faster now across the board so if DJT does win the Whitehouse then what will 2025 to 2028 look like? Will there be changes in the mortgage companies Fannie and Freddie????
And still the delay for a final end to this ruling judgement and a payout for shareholders. Really do they want to keep draging this out now the interest has stopped on the award?
In the mean time the GSE share price will be 100 times that it is today once release even if there's a R/S in the common shares but long term this will be priced just like the major banks in time.
Once the warrants are sold off and who knows what will happen with the SPSA but one thing is sure there will be an auction off of the Gov state in common share and there will be a lot big compaines linning up for it !!!! Commons will sore after new offering and R/S !!
It is ! But, I find that on the other 2 boards people get carried away and off topic to much and not stay on topic.
I bet investors are starting see the out come from common to JPS and that any consolidation for release will be a hair cut for JPS and below a $1 for commons .
If it plays out to this tune then consider JPS will be 50% of par before Nov 5th
WHAT IF...This was all planned pre 2008 for the WEF and OWO ??
When did Blackrock start doing business? 2008.... what timing.....and they now own 80% of the SMP 500.
The plan to own the housing market and turn it into a rental market. ( BY 2030 YOU WILL OWN NOTHING AND BE HAPPY) where have we heard that before?
Banks foreclosed on 100's of 1000's of homes! Banks still own a lot of these homes and are managed by rental companies! WHO OWNS THE BANKS??? The same people/companies that are buying up properties as fast as they can!!
Put the 2 biggest mortgage companies in the world in Gov control ! until private banks and investments companies AKA: Blackrock, Statestreet, Vanguard, Google, Amazon, Bill Gate etc can buy up as many properties as possible.
After a 20 year timeframe (2 years before 2030 agenda) release the 2 biggest mortgage companies in the world and sell off the shares ( warrants) to?? GUESS WHO......... The above companies and turn the GSE into a mortgage caltel just like the banks.
THATS DOUBLE DIPPING !!
The mortgage interest on the mortgages from these homes will be paid by ??? RENTERS !!! Once these properties are paid off or 50% paid off these companies can borrow/ leverage against these properties to buy ALL remaining properties left !! The property market is going to be worth 10 fold in the next 10 years or less !!!!!!
While the Political out come in November may result in a Trump whitehouse win we can only hope that the path to private ownership lays in the hands of the Trump admin and whitehouse going into 2025. WOW 2025 sounds scary since this all started back in 2008 and we are still waiting as shareholders for our companies back !
Well I'd like to point out that it's good news there is now a board that supports both Fannie Mae and Freddie Mac and the political landscape because they are all connected to the Government, what happens to whos in the white house and who makes policy changes.
WHAT IF...This was all planned pre 2008 for the WEF and OWO ??
When did Blackrock start doing business? 2008.... what timing.....and they now own 80% of the SMP 500.
The plan to own the housing market and turn it into a rental market. ( BY 2030 YOU WILL OWN NOTHING AND BE HAPPY) where have we heard that before?
Banks foreclosed on 100's of 1000's of homes! Banks still own a lot of these homes and are managed by rental companies! WHO OWNS THE BANKS??? The same people/companies that are buying up properties as fast as they can!!
Put the 2 biggest mortgage companies in the world in Gov control ! until private banks and investments companies AKA: Blackrock, Statestreet, Vanguard, Google, Amazon, Bill Gate etc can buy up as many properties as possible.
After a 20 year timeframe (2 years before 2030 agenda) release the 2 biggest mortgage companies in the world and sell off the shares ( warrants) to?? GUESS WHO......... The above companies and turn the GSE into a mortgage caltel just like the banks.
THATS DOUBLE DIPPING !!
The mortgage interest on the mortgages from these homes will be paid by ??? RENTERS !!! Once these properties are paid off or 50% paid off these companies can borrow/ leverage against these properties to buy ALL remaining properties left !! The property market is going to be worth 10 fold in the next 10 years or less !!!!!!
WHAT IF...This was all planned pre 2008 for the WEF and OWO ??
When did Blackrock start doing business? 2008.... what timing.....and they now own 80% of the SMP 500.
The plan to own the housing market and turn it into a rental market. ( BY 2030 YOU WILL OWN NOTHING AND BE HAPPY) where have we heard that before?
Banks foreclosed on 100's of 1000's of homes! Banks still own a lot of these homes and are managed by rental companies! WHO OWNS THE BANKS??? The same people/companies that are buying up properties as fast as they can!!
Put the 2 biggest mortgage companies in the world in Gov control ! until private banks and investments companies AKA: Blackrock, Statestreet, Vanguard, Google, Amazon, Bill Gate etc can buy up as many properties as possible.
After a 20 year timeframe (2 years before 2030 agenda) release the 2 biggest mortgage companies in the world and sell off the shares ( warrants) to?? GUESS WHO......... The above companies and turn the GSE into a mortgage caltel just like the banks.
THATS DOUBLE DIPPING !!
The mortgage interest on the mortgages from these homes will be paid by ??? RENTERS !!! Once these properties are paid off or 50% paid off these companies can borrow/ leverage against these properties to buy ALL remaining properties left !! The property market is going to be worth 10 fold in the next 10 years or less !!!!!!
I bet investors are starting see the out come from common to JPS and that any consolidation for release will be a hair cut for JPS and below a $1 for commons .
If it plays out to this tune then consider JPS will be 50% of par before Nov 5th
Then I would agree with your outine that converting the SPS to common would be a credit to Capital. Commons would end up with 5% where JPS would end up with 14% of the companies?
Write off of the warrants and conversion of the SPS then commons would see $4 ? and JPS 70% par ? with release ! I'd take that just to get the dividends turned back on and back to private ownership !
sure, they will also evaluate the risk factors for their new investment in terms of how much capital to allocate, and at what valuation. SPS conversion will be a risk factor to consider when putting together the financial models.
— Alec Mazo (@Alec_Mazo) May 16, 2024
SPS cramdown to own 95%+ at 10-12x p/e on…
Interesting angel in 24 months ??
Tim Howard's comment on Treasury's options to monetize its stake in Fannie/Freddie. The math should be obvious to everyone:
— Alec Mazo (@Alec_Mazo) May 16, 2024
1. Warrants exercised, seniors written off: 80% of $250-$300bn market caps is $200bn-$240bn upon organic release from conservatorship in 24 months at 10-12x… pic.twitter.com/fSpbw7t4QL
sure, they will also evaluate the risk factors for their new investment in terms of how much capital to allocate, and at what valuation. SPS conversion will be a risk factor to consider when putting together the financial models.
— Alec Mazo (@Alec_Mazo) May 16, 2024
SPS cramdown to own 95%+ at 10-12x p/e on…
Interesting angel in 24 months?
Tim Howard's comment on Treasury's options to monetize its stake in Fannie/Freddie. The math should be obvious to everyone:
— Alec Mazo (@Alec_Mazo) May 16, 2024
1. Warrants exercised, seniors written off: 80% of $250-$300bn market caps is $200bn-$240bn upon organic release from conservatorship in 24 months at 10-12x… pic.twitter.com/fSpbw7t4QL
I just check the ban list your not on there so don't see why you can't post more than 1 a day on FMNA board unless Mods can't see that. Your not on the freddie ban list either I just checked
Ha Ha the Gov needs $$$ so they are selling off what they can! Is Fannie & Freddies warrants next ???? hmmmmmmmmmmm How much could that bring in ??
John Paulson (next Treasury Sec ?) I hope not !!!! Do nothing Steve isn't coming back either so I hope it's someone on DJT team who wants to clean house and not part of the swamp !!!
Questions Questions Questons!
Quote:
Short version: I think the juniors will end up with somewhere between 50% and 100% of par (stated) value via a conversion to common. Not converting the juniors makes no sense due to the CET1 capital requirement in the ERCF.
Answer:
I agree with you there. I don't see JPS getting 100%. But I do not understand how and why a write down from 100% due to a conversion when JPS holders have to vote on it and it clearly states in the contract ( non convertible) so either they change the contracts or offer JPS holders a carrot or cream pie or something! I really don't know how the Gov can wingle that one? Do you have any insight on what it might look like or offer JPS holders?
Quote:
I think the commons are worth about $8 at the most when FnF are recapped and released, and that's only if Treasury chooses to write down the seniors entirely. If they convert those seniors to commons instead, as Mark Calabria wants them to do and as KBW expects, they will be worth somewhere between $0.25 and $2.00 per share, depending on how FHFA and Treasury structure the transaction. Probably towards the lower end of that range since there is no reason for either FHFA or Treasury to fear any lawsuits and that the situation for FnF common shareholders is far worse than that of AIG common shareholders, who got diluted down to 8%.
Answer:
I agree with you there also. However $0.25 is on the very low end if the greedy Gov does convert everything however more likely between $.70 to $2.25. If they don't convert the warrants then yes maybe just maybe around $8 to $12.
Quote:
I expect the commons to rise and fall roughly in line with the juniors until recap/release time so I wouldn't short them, at least not for more than very short periods as an attempt at statistical arbitrage, but I avoid them entirely.
Answer:
It sure is going to be a rough ride ! Buckle up cup cake and hang on!!
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
Yer Gov will change the rules and allow the NWS to start again or something like that to Robb us blind.
Will they get extended ?
Will Judge Porky rule that the Jury 8-0 stands and Gov must pay up?
If Gov has to pay up then, is the another filing motion on payment and what type of payment?
This could drag out for another 1 or 2 years?
I don't know if and when we see a dime but I AN'T SELLING 1 SHARE !!!!
I believe the Gov brought this lawsuit to SCOTUS to get this ruling. Why spend millions $$ fighting shareholders when you can spend millions $$ getting the law changed with these types of lawsuits.
These lawyers are high profile big $$ law firms and lawyers. Don't you think for a minute they new what they were doing! Helping the Gov get the law changed so shareholders don't have standing.
If the lawyers did bring the right case to SCOTUS then the opposite would have happened and Gov would have to give back the companies and $$$
I have BIG FOOT video !
The facts are this !
: he made clear to the jury he wanted a 8-0 verdict.
: he made very clear to the jury about claims that the law is and must follow.
:Why then did he want a Jury trial if he was going to just kick the can down the road when he could he dismissed the case in 2013 and be done with it ?
: the limited award, and I mean limited to what shareholders should get was very conservative.
Conclusion is from my point of view is he wanted an IRON CLAD jury verdict with a reasonable award so that the Government could not claim that this award is unjustified as it doesn’t follow the bonds of the law.
I still believe Judge Lambert wants to stick it to the Gov for there theft, there lying and how they have treated tax payers and shareholders life savings. He want's to retire on a good note so either he has some spine, or the Gov has threatened him with no retirement or dangled the big fat cash carrott in front of him to correct this jury 8-0. Time will tell if he has a spine or not.
HE told the Jury and he made it very clear he wanted a 8-0 verdict !! For the reason of ????? so no appeal would hold up !!!!
Judge Lambert was very straight about it had to be 8-0 verdict ! Why? did he already know that the FHFA would appeal asking for this very thing and for him to deny the FHFA this motion and for it to hold up on appeal !!! The 8-0 makes it very clear to him which way he can decide this case.
Me too! That’s a good reward . Agree it should be more but this is the first court case win for shareholders! Got to start somewhere
THIS WILL GO 2 WAYS!
Lets take a look at the stants Porky Lambert has in the past and against the Gov.
1, we know that he's not happy at the Gov and lawyers for lying to him in his court and wants to stick it to them, hence why he wanted a 8-0 verdict win! He really wants a win for shareholder more now he seen the dealing the Gov stole from private shareholders. Then there no recourse to over turn as he knew the Gov would file such a motion! You get a sense of this with the interest per day! He really wanted the Gov lawyers to waste time and add to the award. Remember he only gave $612 + interest !
2, Either he played his hand and stuck it to the Gov and the DOJ told him. Wait to we file the motion, over turn it collect your BIG fat bonus and retire so we can put in a Democratic judge in your place !
Why guess ? Why not just wait for the out come and keep credibility ! I don't understand why people on here make these guesses. What is it ever based on facts? Charts? Insider info? I just don't get it. I think we have had about 10 people this week make prices guesses and all been wrong. Well I hope your right, any increase is better than a decrease.
He must have gotten his shell phone wires crossed with yours !! Freddie may have a cooling off but will continue to go up for the rest of the year.
Goodie ! I got 25,000 of those !
In what year ??? will Fannie Mae be $4
Dude man pass that stuff your smoking around please ! It's making you see into the future of Fannie Mae & Freddie Mac !