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Mc doesn’t help for pps. He tries to subotrage pps in every possible events.
And you value his opinion? For what, certainly not for return on investment!
Fully agree
You mean pps at $10-14 ? That is ACG? Do you believe this price?
You are right, this stick isn’t rational but dominated by shorties.
Both. Calabria weighs more I think because of his position.
Why the Gap is so large between FNMA and FMCC?
I don’t think MC overdid it. Or he is the idiot.
just say let market decide.
MC SAID at a conference earlier this week that he expects the FHFA to announce its reproposal “at the end of the first quarter.”
I understand that he also said the end of the year for capital rule.
How can we trust him?
Better covering at $3
What a Joking!
Takes 1&1/2years to publish the final rule!
MC is again playing games, a stupid game!
I read it again and disappointed again.
No substance at all! Sentences like we want Congress do this and also we ourselves can do this. Blabla...
He didn’t say much about current shareholders because he is think of his personal interest! So nothing to say about shareholders.
Don’t trust Mnoooch! If he is an honest man, he would release FNMA & FMCC three years ago!
Mnoooch is a liar , manipularor and crook!
These two days the price gaps are becoming bigger, intraday traders are taking advantage of them.
Is this article the reason for sell off?
The topic of FNMA is there for presidential election regardless Bloomberg wins or not. Trump should react quickly.
It’s HIGHT TIME to do something and quicker to win over Bloomberg.
So sad to say that shareholders die of the old age without seeing justice be rendered.
Shorties are hesitating?
should not go to the general pot.
A good management should not spend the money as he wants but should spend money as approved by Congress. That’s why budgets are quit detailed.
Again a public service Treasury should not do what Treasury Secretary wants but should do correctly as taxpayers pay the money for the good fonction of USA.
The budgets is not for the backyards of TREASURY SECRETARY!! But for the benefits of taxpayers !!
The Congressional Budget Office has previously warned that raising guarantee fees could affect borrowers. “The higher guarantee fees would probably pass directly through to borrowers in the form of higher mortgage rates,” the CBO said of the Trump administration’s previous proposal.
Mnuchin is not allowed to use fees from FNMA and FMCC FOR his interest!!!
The Trump administration had previously sought to make this change during the 2019 budgeting process, but the measure did not pass.
In the past, both Democratic and Republican lawmakers have supported legislation that would bar the federal government from using the proceeds of fees charged by Fannie and Freddie to pay for federal spending.
Mnuchin is not allowed to use fees from FNMA and FMCC FOR his interest!!!
Thanks Kenkong
How is earning?
We all know that Bloomberg is the mouth is Demrates. The article below:
A secret plan to buy Freddie Mac has become the focus of a lobbyist legal battle
Is just opposite!
It means FMCC is not for sale but kidnapped by gov!
Why so much fraud and manipulation on these two companies Because GSEs are
lucrative!
No doubts on that.
That being said, fraud and manipulation will continue until ???
$34 billion over 10 years by raising the fees that Fannie Mae and Freddie Mac charge for guaranteeing mortgage-backed products.
$3.4 billion/annual is a lot!
But better than now (take all profits of FNMA &FMCC).
Treasury Department is a public service and not allowed to take profits or make profits out of taxpayers -us!
Steven Mnuchin is insane!!
Houlihan Lokey And FHFA To Work On Frannie Restructuring $FMCC
https://seekingalpha.com/article/4322869
I will open a battle of champagne!!
Just a crystal ball? Or some evidence?
That’s why USA has so much Debts due to so many Doctors!!
Hahaha huge salaries for Directors ...head of , ....huge salaries for head of..., huge salaries for head of legal..., huge salaries....
And huge salaries for Financial Advisors, huge salaries for...,
Nothing for shareholders of FNMA & FMCC
Dirty games!
Mnuchin has been manipulating all games!
I think they will start this year and end in 2024.
“While developing the roadmap, Houlihan Lokey will consider business and capital structures, market impacts and timing, and available capital raising alternatives, among other items as outlined in the previously published Statement of Work," the FHFA said in as statement.”
With that being said, FNMA & FMCC will relist or IPO latest in 2024! It goes with Calabria’s agenda.
5 years until Calabria finishes his term.
It seems that 5 years plan (pay total $45 million) for BS!
Buy $3?
Apparently boring day, low volume.
Correct me if I’m wrong, it’s the same person who have played between commons and perferreds.
Day one they damp commons and buy perferreds.
Day two wait and see.
Day three they buy commons and sell perferreds.
Thanks Yanks,
I have the same feeling these days why the active players are silent?
No real news only Bla-bla-bla.
Wait and see.
“Therefore, she enables a multi-year Takings claim”
What is the multi-year Taking claim??
All the evidence till now shows that you are too much optimistic. Pps tells you everything.
Wall Street can’t keep secrets.
I don’t think $3 rewards hedge funds and they expect much higher.
Hope I am wrong.
Where is Rule of Law in USA?
I saw the film JUST MERCY yesterday,
I like the ending speech :
Good Justice is not how to treat rich and privileged group BUT poor and unfavorable people.
Poor FNMA &FMCC shareholders’ money was stolen by UST and back pocket of GOV is delaying, delaying and delaying their decision.
So where is justice ??