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To be honest, you have more knowledge and experience than me.
And frankly I am really not sure if this saga will continue longer.
But by comparing all actions from Obama adm. To trump adm., it is clearly telling us they opposite from each other.
One is against us and trump administration is supporting us..
Example on 2 actions from Trump :
1. Tax reform
2. $3 billion each for FnF.
What has happened today is pointing to the right direction. ..
Get in line right now before it's too late.
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Paulson & Co. said in an e-mailed statement. It said the government’s action also violated the law enabling the takeover of Fannie and Freddie. “This action should be reversed, and we look forward to an outcome that restores the rights of shareholders in these companies.”
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Trump administration announced it would recapitalize all losses made on the two lenders before sending them back to the private market
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Awesome! !!
This is what I really want to hear for a long time
This is not great news . I'm just expressing my own opinion which is opposite with the opinion in your state of mind.
75 day gimmick, or what is going on in Congress spells headache to me.
Last chance to buy while it is still cheap.
Major update is coming in 2 more weeks.
Big ! How big? I believe at least $100 big.
Yes you are right on target.
I believe we got Three musketeers to MAGA.
BUY AND HOLD.
We got three musketeers .
To the left it is paulson, the middle is trump, and to the right it is mnuchin.
We go three musketeers.
Can you smell money in the air too?
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Ackman said the lawsuit was just a tactical move and his plan all along was to come to some sort of grand bargain with a post-Obama administration over Fannie and Freddie, which remain vital to the U.S. mortgage market.
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I have no idea of what is going on about this meeting.
https://en.m.wikipedia.org/wiki/Detroit_Economic_Club
The Detroit Economic Club, headquartered at 211 West Fort Street in downtown Detroit, Michigan, was formed in 1934 as a platform for the discussion and debate of important business, government and social issues. It is known internationally as a top speaking forum for prominent business, academic, and government officials, who address members and their guests at the Club's 35 meeting season. With more than 3,500 members, the DEC is a forum for vital issues. The DEC claims to have hosted every sitting U.S. President since Richard Nixon and be ranked among the top speaking platforms in the world. The DEC claims to be one of the most valued podiums for CEO's in the world and one of the top five executive speaking forums in America.[1]
FNMA 11/20 The Detroit Economic Club to hold a luncheon meeting
The Detroit Economic Club hosts Timothy J. Mayopoulos, Fannie Mae President and CEO, who discusses meeting 21st century housing challenges in a Luncheon Meeting being held in Detroit
Link: www.thefly.com
Yes I think so, also trump mortgage LLC in 25 states had failed .
Financial CHOICE Act is a bill introduced to the 115th United States Congress in 2017 that would, if enacted, roll back "many of the protections in the landmark Dodd-Frank 2010 federal law, including the "strongest" Wall Street "regulations from the financial crisis.[1] The legislation passed the House 233–186 on June 8, 2017.[2] The 600-page[1] legislation was crafted by Congressman Jeb Hensarling (R-TX), chair of the House Financial Services Committee.[2]
Trump own his mortgage in 25 states.
If he doesn't want his mortgage to fail then quote 1 and 2 will be true
Quote 1
Trump administration announced it would recapitalize all losses made on the two lenders before sending them back to the private market.
Quote 2
during his campaign rallies, he was promising to return the regulatory state to the status quo from before the financial crisis. His transition team has pledged to "dismantle Dodd-Frank," the 2010 financial reform law signed by President Barack Obama. And Republicans in Congress have for years said that they'll rein in Obama regulators who were just too tough on the poor, overburdened banks.
Warning! This article is old if you're looking for the recent article, then this post is not you .
https://www.washingtonpost.com/politics/trump-mortgage-failed-heres-what-that-says-about-the-gop-front-runner/2016/02/28/f8701880-d00f-11e5-88cd-753e80cd29ad_story.html?utm_term=.f0b36adda23e
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As a presidential candidate a decade later, Trump says he would use the skills that made him successful in real estate to fix Washington. His decision to embrace the mortgage business illustrates the potential dangers of a business philosophy that has relied in part on a willingness to put aside the advice of experts and take risks."
With 2 or 3 billions for cap. ,FnF will trade high for the rest of the month.
Example.
FNSR had done reverse split during 2008 crisis 16 : 1 back then when pps was at $1 .
With reverse split 16:1 , 16 shares will become 1 share at $16 instead of $1.
Yes. But nobody does forward split in small share price. I believe everyone is talking about reverse split not forward split on fnf.
5:1 is reverse split
1:5 is forward split
From 1990 to 1999, txn made forward split four time.
They made forward split 1:2,
Example with 1 share of $100 would become 2 shares of $50. This is called F S
Gse is not expired yet until 12/31/17
Trump said that
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"Trump administration announced it would recapitalize all losses made on the two lenders before sending them back to the private market."
Ackman said the shares could be worth $40-$50 if the government allows the agencies to begin distributing profits to shareholders. (Both companies' stocks trade in the low $2 range right now.)
Most Influential Quotes
Paulson is described as "soft spoken" and apparently does not like participating in TV interviews; however, there are a few quotes from him over the years.
“Many investors make the mistake of buying high and selling low while the exact opposite is the right strategy to outperform over the long term.”
“Those types of investments don’t come around very often.”
-Paulson on the opportunity to bet on the subprime crisis and make $15 billion.
"Our goal is not to outperform all the time – that’s not possible. We want to outperform over time.”
Quote
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Trump administration announced it would recapitalize all losses made on the two lenders before sending them back to the private market. "
Quote from ackman.
Ackman
Ackman suggested that Trump's perspective as an outsider could also help revitalize Fannie Mae and Freddie Mac. "I think Fannie and Freddie are going to get resolved within the first 12 months of this new administration, and I'm looking forward to having my second meeting with Donald Trump and negotiating a deal," he said at the conference.