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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
Quote
"
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
QUOTE
"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
"
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.
No body believe, but i believe you. It 'd been at 0.25 for months.
Trump
" 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."
A figure such as Mnuchin, with Wall Street experience, might be better equipped to manage the relationship between Treasury and the banks that facilitate U.S. debt issuance.
2018 will be an opposite of 2008.
With one move from Trump and mnuchin on 1/02/2018, every thing is solved.
OFHEO and FHFA have violated so many laws and committed frauds. .....,but all of these problems were already started/created from previous administration.
Starting from early 2008 , Peoples lost jobs. Most of big companies moved to over sea... USA had little revenues, not enough incomes. Government violated the laws and committed frauds as a way to help funded to other parts of government.
When the Government borrows money, it doesn’t go to the bank and apply for a loan. It "issues debt." This means the Government sells Treasury marketable securities such as Treasury bills, notes, bonds and Treasury inflation-protected securities (TIPS) to other federal government agencies, individuals, businesses, state and local governments, as well as people, businesses and governments from other countries. Savings bonds are sold to individuals, corporations, associations, public and private organizations, fiduciaries, and other entities.
In my personal belief, Trump is relying on skills from paulson and mnuchin to solve the complexity of financial crisis from 2008.
it was reported that Icahn was offered the position of Treasury secretary under Trump's administration, which was however refused by the billionaire.
Statements from FHFAOIG
The Federal Housing Finance Agency
(FHFA or Agency) was created on July 30,
2008, when the President signed into law
the Housing and Economic Recovery Act
of 2008 (HERA) * HERA charged FHFA
to serve as regulator of Fannie Mae and
Freddie Mac (the Enterprises) and of the
Federal Home Loan Bank (FHLBank) System
(collectively, the government-sponsored
enterprises, or the GSEs) and enhanced its
resolution authority.
In September 2008, FHFA exercised its
authority under HERA to place Fannie Mae
and Freddie Mac into conservatorship in an
effort to stabilize the residential mortgage
finance market. Concurrently, the Department
of the Treasury (Treasury) entered into a Senior
Preferred Stock Purchase Agreement (PSPA)
with each Enterprise to ensure that each
maintained a positive net worth going forward.
Under these PSPAs, U.S. taxpayers, through
Treasury, have invested a total of $187.5 billion
into the Enterprises since 2008. As conservator
of the Enterprises, FHFA succeeded to all
rights and powers of any stockholder, officer,
or director of the Enterprises and is authorized
under HERA to:
• Operate the Enterprises and
• Take such action as may be:
o Necessary to put the Enterprises in a
sound and solvent condition and
o Appropriate to carry on the Enterprises’
business and preserve and conserve the
Enterprises’ assets and property.
Initially, the conservatorships were intended
to be a “time out” during a period of extreme
stress to stabilize the mortgage markets and
promote financial stability. Now in their
He 's well known as "foreclosure king".
The whole concept is Trump administration is trying inject income to everyone so in return the government will generate hundreds and hundreds of billions from income tax..
You see !
Due to national deficit at 53 trillions right now, Trump administration is trying to move country forward by
1. Bring back companies over sea to usa
2. Lowering tax to every human kind in usa.
3. Restoring and returning FnF bactk to private shareholders.
Actions speak louder than words.
$3 by tomorrow
Lol is good enough why lmao.
This time when it happens, I bet that volume will exceed 300,000,000.
I know that many of you have more knowledge and experience than, but you already know this or for some other reason just ignore me.
https://www.mba.org/2017-press-releases/april/mba-offers-detailed-gse-reform-proposal
With no success in courts for past 5 years is due to and under Obama administration.
We have only Obama and he was out of his term. Trump is not a second Obama.
You can tell by looking at him.
What you hear every months for the last 5 years was under Obama administration.
I repeat " something big is brewing on 1/02/18 .
It could be at $2.90 when closing.
I think I'm starting to smell mucho Dinero .
Last 5 years was under Obama administration. That was then this is now under Trump .it will not be the same.