Jog49, yes it was sorry someone posted here this morning. I failed to look at the date.

Lamberth gone who will hear the case?

How often is Petey right?

Looks like DOA buys & Girls!

NOt reacting well to the news

Someone help me out. The reason the gooberment opted for c-ship over receivership gov't feared preferreds may be wiped out in receivership? Second, under c-ship the mandate is clear you must preserve & restore them. Since most judges have IGNORED this mandate the likelihood of an illegal NWS ruling is highly questionable? The only lining I see is that Judges will see the devil in the details or lies in the recently released doc's & rule the NWS is illegal.

Navy, Steele response is a concern, there seems to be enough incrimination in the latest doc's to give us a victory in court. The question will Sweeney and/or other judges see it that way!

They are still a pinky so we must be a bit skeptical about the reporting. Looks like their making good moves especially S&L.

Not getting the price movement on commons I would expect w/ this news!

What is this run based on? When you need 290k investor loan usually means ur not making money.

If the stock has legs to go higher why the need to pump. I dont see the catlyst. Phase 2 has been in the works for how long now?

What a surprise!

Hold on son. If you believe the gov't orchestrated this on their own and banks simply went along w/h considering the ramifications of removing income verification and loan officers were telling people the potential danger of these loans in hopes of scaring them away when the money was easy. Thats just stinkin thinkin! You can't create a new game then expect people not to play! Anyone who claims to be athority on root cause and hasn't executed aleast 100 short sales & LM has no first hand knowledge of how HO ended up holding the bag. Just as they are now w/F&F!

Rekcusdo, any loan that sets the buyer up to default is not a good loan. Those who were fortunate to have 20% down did conventional loans. Many of them lost their homes, because they paid to much for the home. When prices declined they suffered also.

Rekcusdo..your on the right track, but what caused the housing decline was as follows: Your Gooberment & banks decided EVERYONE should own a home even if they couldn't afford it!!!Every lender offered stated financing in the form of interest only loans 1,2,3,5 & 10 yr. It was easy for loan officers to convince/pressure buyers into the int only loans because, the pymts were cheap! Loan officers did NOT fully explain the risks of int only loans & what happens when they reset. The artifically high prices buyers paid is the reason so many were affected so fast!, BY the time they realized it they were already upside down along with a huge prepay penalty. Thats why short sales & loan mods became so popular. Now those in the 5 & 10 loans had more time to resolve the problem they didnt get hit as hard!! The question is what fool(s) decided it was a good idea to offer loans where buyers didn't need to prove they can afford the loan?

NO...The crash was activated by the creation of stated financing!

Any truth that big pharma is in talks about buying PMCB out?

ANYONE know yet if the sweep happended today?

So a dim view of no more extensions is not to order the gooberment to produce the remaining doc's as ordered or be in contempt. Instead Sweeney ready to wrap up discovery she must have saw something in the released doc's she'd rather not deal with.

We have alot of fortune tellers here.

Lots of room to run after $2

WHats causing the move higher?

Any idea what tomorrows news might be?

Yes, broken through 3.80 on good vol watching for 4.26

By its plain terms, HERA’s broad anti-injunction provision bars equitable relief against FHFA only when the Agency acts within its statutory authority—i.e. when it performs its “powers or functions.” See New York v. FERC, 535 U.S. 1, 18 (2002) (“[A]n agency literally has no power to act . . . unless and until Congress confers power upon it.”).

FHFA’s general authorization to act appears in HERA’s “[d]iscretionary appointment” provision, which states, “The Agency may, at the discretion of the Director, be appointed conservator or receiver” for Fannie and Freddie. 12 U.S.C. § 4617(a)(2) (emphasis added). The disjunctive “or” clearly indicates FHFA may choose to behave either as a conservator or as a receiver, but it may not do both simultaneously. See also id. § 4617(a)(4)(D) (“The appointment of the Agency as

What am i missing? Is on the defunct list!

Their is enough ammunition in Browns dissent to give us more attention if we all start blasting on social media.

Judge Brown dissent:
FHFA pole vaulted over those boundaries, disregarding the plain text of its authorizing statute and engaging in ultra vires conduct. Even now, FHFA continues to insist its authority is entirely without limit and argues for a complete ouster of federal courts’ power to grant injunctive relief to redress any action it takes while purporting to serve in the conservator role. See FHFA Br. 21. While I agree with much of the Court’s reasoning, I cannot conclude the anti-injunction provision protects FHFA’s actions here or, more generally, endorses FHFA’s stunningly broad view of its own power. Plaintiffs—not all innocent and ill-informed investors, to be sure—are betting the rule of law will prevail. In this country, everyone is entitled to win that bet. Therefore, I respectfully dissent from the portion of the Court’s opinion rejecting the Institutional and Class Plaintiffs’ claims as barred by the anti-injunction provision and all resulting legal conclusions.

Amelia43 I hear you, the question is who will lead the fannie & freddie campaign? Social media is a good place to start! Keep in mind many on IHUB are here for different reasons thus the emotional bantering & reason for the admin warning. Navy atop my list for staying on point, I love that guy he's made me alot of $$$. There's a few others whos post aren't all over the map!

Without positive news from the courts there will be no significant move past the forties. IMO

Dont know if any of you are following. Are any of you concerned about impeachment?

From Perry Opinion...Part of Judge Browns opinion from pg 83, we need be blasting parts of the opinion on SM. We can't win by simply posting on IHUB the injustice must be exposed constantly!
I disagree. Rather, read in the
context of the larger statute—especially the specifically defined
powers of a conservator and receiver set forth in Subsections
4617(b)(2)(D) and (b)(2)(E)—Congress’s decision to use
permissive language with respect to a conservator’s duties is best
understood as a simple concession to the practical reality that a
conservator may not always succeed in rehabilitating its ward. The
statute wisely acknowledges that it is “not in the power of any man
to command success” and does not convert failure into a legal
wrong. See Letter from George Washington to Benedict Arnold
(Dec. 5, 1775), in 3 THE WRITINGS OF GEORGE WASHINGTON, 192
(Jared Sparks, ed., 1834). Of course, this does not mean the
Agency may affirmatively sabotage the Companies’ recovery by
confiscating their assets quarterly to ensure they cannot pay off
their crippling indebtedness. There is a vast difference between
recognizing that flexibility is necessary to permit a conservator to
address evolving circumstances and authorizing a conservator to
undermine the interests and destroy the assets of its ward without
meaningful limit.

Are they removing the flip rule?

REKCUSDO NO reason to sell im playing with house money! If your looking at the score card what do you see?

I dont see how we can still win!

Seems like all the judges are quietly conceeding to the gooberment.

What catalyst will move the pps to $2-3?

Where is Judge Sweeney?

Its moving again!

Problem with injections the skin get tough over time, you must keep changing locations. Thus the reason the pulminary delivery system was created.