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I own both fnf.
We are common shareholders and we are together to win...
COUNT DOWN FOR FnF TO BE LIFTED OFF TO NYSE IS COMING. ...
THANK TO ALL COMMON SHAREHOLDERS.
Feds arrest dozens in sweeping action against hackers targeting wire transfers
https://www.housingwire.com/articles/43647-feds-arrest-dozens-in-sweeping-action-against-hackers-targeting-wire-transfers?utm_source=dlvr.it&utm_medium=twitter&utm_campaign=housingwire
Maybe some of you have already read this article.
Steven Mnuchin says he has options for handling Fannie, Freddie
https://www.washingtonexaminer.com/steven-mnuchin-says-he-has-options-for-handling-fannie-freddie/article/2647517
I agree with you.
Mnuchin still have more than 400,000 shares of CIT.
https://www.insidermonkey.com/insider-trading/insider/mnuchin%20steven%20t/1180589/
The future pps of FnF will depend on two key players .
First. Trump administration holds the first key to unlock and uplist both fnf to nyse.
Second. Stock analyst's agencies will hold another key to rate to raise the NEW PRICE TARGET depending upon the best performance of both companies.
You are absolutely 100% correct. .and although I did say "Watt is against moelis ", it doesn’t mean that I am against it.
To be honest as right now, I am open to any plans. What really matters to me the most is that I want both fnf to be released and uplisted as soon as possible. .
Financial Stability
Oversight Council-
https://www.treasury.gov/initiatives/fsoc/council-meetings/Pages/default.aspx
Watt is against moelis...
Forensic look at the fnf bailout ..
https://www.dropbox.com/s/xf0ktgc2vcpyvhy/a-forensic-look-at-the-fannie-mae-bailout-parts-i-ii-iii.pdf?dl=0
It's Time To Buy FNMA Stock & FMCC Stock
https://hadeplatform.com/articles/2018/03/23/time-to-buy-fnma-stock-fmcc-stock
Change is coming to the TBA market
https://bankingjournal.aba.com/2018/02/change-is-coming-to-the-tba-market-an-update-on-the-single-security/
The Obama Administration LIED To The American People. Repeatedly. Here's The Proof
https://www.dailywire.com/news/31510/obama-administration-lied-american-people-ben-shapiro?amp&__twitter_impression=true
F N M A = $170 -$200
If warrant won't be exercised, please review this if you can explain.
https://www.dropbox.com/s/jtv99w58z5gnjyv/GSEletteragreementfre12-21-2017.pdf?dl=0
There are plenty of risks on any stocks beside fnf. It doesn't matter if you have an experience or not , you can not win 100%.
Speaking of risks , even any experts can not help you.
It is your own game . Make a move with your own risk.
Seems like C-C is having a fnma's syndrome.
When do you think we will we see any progress be made on this front? Will any significant changes be made before the end of the year?
A: I don't think anything will be resolved this year . I can't see a major move before the elections in November and by then the year will be almost over.
What do you think the government will ultimately do with Fannie Mae and Freddie Mac? What impact will this have on the housing market?
A: The issue of Fannie Mae and Freddie Mac is the subject of a very contentious lawsuit against the government. The plaintiffs won a major victory recently and I think that eventually the government will settle with the folks who own shares in both of these entities in a way that will allow the government to close both and create a new entity or merge them.
We need a federal government agency that acts as a securitizer of single-family mortgages, much the way Fannie Mae and Freddie Mac did from the time they were founded until the early part of the first decade of this century.
That is a role that is purely administrative. The entity or entities would not be publicly traded or have permission to purchase securitized mortgages. They would also not act as investors and the single-family market would be fine. Our mortgage market was the envy of the world in that it allowed for the flow of credit into long-term household debt very efficiently for many years. As long as we have that federal entity that handles the administrative aspects of securitization then our mortgage market will be fine.
The current arguments about Fannie Mae and Freddie Mac stem from the value of the equity position in them and the equity holders’ claim on the profits from the increase in the value of the mortgage-backed securities Fannie Mae and Freddie Mac purchased as investors, not from their role as securitizers.
NATIONAL FAIR HOUSING ACT under Bush' administration was collapsed due to :
1). 9/11
2). War in Iraq
3).high unemployment
4). Subprime mortgage.
National fair housing act under Trump's administration will be successfully succeeded.
President Donald Trump :
PROCLAIMED
1). NATIONAL FAIR HOUSING ACT.
2). NATIONAL HOMEOWNERSHIP MONTH
FHFA has removed the date for the next sweep payment. Chart data updated yesterday, website updated today
— GSE Restoration Team (@JohnDee78791547) May 30, 2018
I really like $ plus 3 x...for all common shareholders.
I would like to give you a thumb up. Except swapping from fnma to fmcc, no need..
I really don't know as much as you do..but IMO, I am looking forward to releasing and uplisting FnF back to NYSE.
FHFA removed the date for next sweep payment.
https://mobile.twitter.com/FFoscojr/status/1001909957875429379/photo/1
Three ways , FnF will be released and relisted.
(1) Pure privatization route: In its strong form, this means getting the government out of the mortgage finance business. The private financial sector would have full responsibility for issuing and holding mortgages.
(2) Government-private partnerships: These proposals have taken a variety of forms, but most follow the general outlines of a bill introduced in the 113th Congress by Senators Tim Johnson and Mark Crapo. These proposals would have the government offer guarantees for most of the value of privately issued MBS.
(3) Preserving the GSEs in their current form: This is the idea of leaving Fannie Mae and Freddie Mac as fully public companies, possibly in merged form. In effect, it would turn the conservatorship into a permanent arrangement.
Which one will it be ?
Will it be 1 or 2 or 3?
Quote
"
Merging two markets into one is going to impact the entire TBA ecosystem. That is why it is so important that we are all jointly working toward readiness,” explains Rick Sorkin, SVP for securitization at Fannie Mae. “The Market Adoption Playbook can help each organization with its preparations.”
https://bankingjournal.aba.com/2018/02/change-is-coming-to-the-tba-market-an-update-on-the-single-security/
Will fannie Mae stock recover?
i think so.
Vision statement for Fannie Mae?
Fannie Mae is working to support the economic recovery by helpingto build a sustainable finance system. They are present in order toprovide large-scale access to affordable mortgage credit in allcommunities across the country at all times so people can buy,refinance, or rent a home,
What is the vision statement of Fannie Mae?
to exploit technical innovations for the benefit of AT&T andits customers by implementing next-generation technologies andnetwork advancements in AT&T's services and operations.
How does Fannie Mae make money?
I don't know exactly, but through the information that I obtained and my understanding I think it goes as follows:. There are five players in the transaction:. 1) borrower (home buyer) 2) lender ( let's say local bank) 3) Fannie Mae 4) Government 5) Investor ( say insurance company). - borrower buys a house and borrows money from the local bank at say 6.25% (your average low interest rate). - Fannie Mae buys this loan from the bank and pays the bank .25% servicing fee for the life of the loan. So bank collects the money from the borrower, remits the payments to the FM. So bank got its money back and can make more loans, plus it has .25% revenue for the life of the loan. The bank is happy.. - So FM now receives his 6.25% from the borrower, but pays the bank .25% of it, so it actually is only getting 6.00%. The thing is that FM has a line of credit with the US Treasury, so it can borrow very cheaply, say at 3%. So it can pocket the difference.. - The primary role of FM (mandated by the US government) is to create a secondary market for those mortages, meaning: it has to take for e.g. 50 of $200,000 mortgages and make a $10,000,000 bond out of them and sell it to insurance company (e.g. AIG) at 4.5%. AIG will be happy to receive 4.5%. It is rather low, but the bond is backed by FM, which is backed by the government. The perceived risk is low and we know that low risk generates low returns, but it is safe.. - So insurance company is happy to receive 4.5% on its safe investment. FM is happy to pay 4.5% to the insurance company, because it is receiving 6% (6.25-.25) from the borrower and it only has to pay the government back 3% and can borrow more if needed.. Problem: If the borrower does not pay (and remember FM is only allowed to buy conventional loans - no adjustable rate, interest only and other creative crap) due to regular economic hardships, FM has to come with cash to service that debt to investors. Well, as of 7/11/2008 the government says that FM so far has enough cash to do so.
$2.00 is coming ..
All P are gone wild..