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Sadly
We do not want any funding help. That will make it perennially in the dog house
So better don't go to SM to be treated like servicers
Think what u wish for
Ya. What's your point?
Entire finance sector rocked today
Except for this turd POS
Next time the preferred hits 4 (yes another crash is certain), may be we shd load up atleast that's swinging more wildly than this crap that goes up by 2ç everyday
Sadly
We shareholders have no one to hold accountable or questionable
Board - don't answer to share holders
CEO - not answerable
FHFA. - not answerable
Then why the hell is this still trading in an exchange when no one is answerable to the shareholder
Banana republic
Most of the stocks have had decent recovery except for this POS
I would have assumed it would have gone to atleast 2 if not 2.50. Now we have to wait for the hugeee Seila decision for a paltry 40ç jump to 2$.piece of crap
But so far he came across with text book answers, non shareholder friendly (which I understand) and standard responses which are vague, check the boxes kinda press conferences..
For the first time
I am in appreciation of something that MC has done. Think of safety and soundness of the gse B4 bailing out the banks and servicers. I donno whether there is a hidden truth behind this or whether he is truly supporting the gse. Time will tell
I see this taking the turn of asking treasury to give the gse the overpaid balance as one way to twist their arm and give the money back or spspa cancellation (if you want us to support the later below me, namely the primary market). I love it..
All this assuming there is a real power struggle between mc and sm and mc is on our side
Time will tell..
Sounds good
Hope this state of uncertainty continues for 5 more years to take that 100k to 150k. Good luck all..
Navy
What happened? Who shorted the fuse wire?
Yesterday you were telling Amelia to use the dips and accumulate and sell and rinse, repeat.. you shd be happy with the uncertainty and ups downs unlike us who donno how to time it and waiting with a bag on not missing the bus.
You are happy playing around in accumulating and the more longer it drags it's better for u players
Sorry he won't be fired
Sorry to burst ur bubble
They are all in it together (wh, treasury and fhfa) . He was handpicked
Would come back to this thread and eat my crow if I am wrong .. that day
Retweet that tweet to him daily..
After the 8:1 split. Yes..
As if
it was blossoming and blooming until then
I think someone posted it over the weekend and itbhad extension clauses for few periods as well..
But even if 1 year - 13 million (wow that's a lot.. probably incentive laden contract like NFL.. if u reduce it by x dollars more, u get y dollars etc? And that's how max is 13M?)
Thanks for the responses
. I had a question on that too (please refer to my earlier post)
If you think the timeline to settle is before May, then why a 13million multi year contract
I hope I am wrong but please tell why u don't think it will drag as the company may try to milk it as long as possible. What is in it for them to settle and close shop quickly?
When is the next court date?
I thought Seila was the next court based on which everything moved but saw something from Sweeney court y'day. This is so confusing
When is the next actual big court date for us, other than the 2 weeks extension kind of cases..
Navy had a question to a person regarding, whether the courts have rules on Collins. Did they respond?
Am I the only one
Seeing the 75% fall and smacking my head and not jubilant on the 15-20% rise, all is back to greatness world???
You happy with the 14 cent raise ??
Fair enough..So if we are tied,
Why does that logic not work on deep red days. We lead Dow from the front in the highest %age lost anywhere between 10% to 20% on red days..
You cannot say OTC manipulation for this alone. But not for the other.
Market roars with a massive green day
Fnma bores like any other massive green days.. look at Apple and Boeing today..
Fnma will roar with the market only on deep red days
Wipinn them out would get rid of the cases right? Receivership changes the order of priority (prefs don't jump in here.. we know u r ahead in line)
So there is an incentive to wipe too
I am good with that too rather than this bleeding, OTC manipulation, putting hope on always the next future date thing, blah blah blah speech on taxpayer risk thing. Once 4 all we all. An move on.
Agree
Unless we see it in a media outlet, I would leave it as venting than insider info
Inside Info? No news outlets are carrying this..
I would probably ignore it
But accordiing to MC, this is still a 2022 item.. he repeated it clearly even 2 days ago
Who is he yelling at though? :)
Don't see it as a response to anyone
MBA is saying to release?? I must have missed it
They can make fnma do what they want to do to prop the economy wo releasing too (infact more control now to make them so whatever they want) .. why wud they release? You are just staying your wish..
Yup
This is everyone's dream scenario to happen (TBTF, MBA, fhfa, treasury and u name them)..
Bad luck for us (including u preferred *****ers) that it had to happen now
And we were not green.. we were red too
Translation to English please
Good or bad or more delays?
Thanks commander for the response..
Stay safe..
Did Scotus denybit? I thot it was waiting for seila cfpb case..
Or are u assuming that it will be denied?
Isn't it scary to be alone in this board? :). Come to fnma board. Atleast there are a few ears there and lots of unwanted mouths.. that we can live without
Well at the end of the day if you look at the stock price (ignore the reasons, excuses blah blah blah), we are still at 1.40 or 1.50. What does all those progress you listed mean to me. nada.. It has not even translated into Paper Money for me.. Its just rosy pictures and green pastures in the distant future.. which was always there for me... knowing that justice was denied.
I am not a political person nor do i like politics/politicians to compare terms, but at the end of the day everyone is a politician and has a hidden agenda and does what selfishly helps them .. In the case of the prior admin, it was probably senator Obama did not like Fannie Mae and its lobby and made them pay back. In the case of current admin, we are trying to read the tea leaves and assume everything is happening because its for a reason... Any delays we say that they want the supreme court to rule so that it doesnt look bad and their hands are tied.. We just come up with our own excuses and reasons. But at the end of the day, we are still at 1.50..
I , unlike others also do not believe that the 3 branches of government are to check each other. Its for kids history book, not in real world. We have been seeing it..
Been here from 2008 onwards.. so been there done that.. Nothing excites me .. if I a newbie would have been excited by that
After 2 years it becomes 2 more years. That's all.. and the new fhfa chief. Rinse and repeat...
Wait till tomorrow... It will open at 1.45 guaranteed..
Tell them too that they will get it at the end :). That's how modern finance works. Push it all to the end and hope someone solves it by then