Very well put!

Dang your good!

Looks like your were just a day off, easy to do!

You were SOOOOOOO wrong, what happened?

Thanks for your time and info, also for the chuckle!

awesome average! GLTY

I thought your motto was "buy on the dips" ! What happen?

You did say yesterday this was closing green today. You have been right so far!

Thanks for the update, a few questions.
1. What or how are the several other current lawsuits concerning the third ammendment going to be effected by this proposal?
2. Why would he not just transfer the current shares to the new company-ies?

But in reality, after reading all you and rosen have said about this, this scenario seems more and more unlikely, however, would there be a sign way ahead, of things to come if it were a possibility or would it be an over night too bad you lose situation?

Hey VT, good call, I don't see how your were gloating.

Yes it did, I was thinking bs because a lot of people ( most all) make false prediction etc…But I did go back and check a lot of your post. Good job!

Could be, but I think it also gives credence to the lawsuits, calls out the government about the whining for private funds not to mention draws major attention to the stock and the situation. But I tend to believe he is in for the long haul to flip shares for a dollar or two.

Why do you say that? I do respect your opinion!

I sent it to the Drudge report!

You're a good teacher Obi and I look forward to meeting you for a toast if your up to it!

I read it all and you explained it very well.
Could a derivative lawsuit be brought against Demarco for signing the third amendment?

Very interesting and thank you!

Thanks

Sorry C, I agree and understand with you, no offense intended, I was just ranting a little. Thanks for your input.

Well I guess a real reporter might want to take the info, do his own research then write a fact based article calling out the governments illegal dealings. But I can't say I blame him, taking on the government can be risky and scary. He does seem to want to write about the truth for the most part.

OBI, what is to be expected of the outcome of todays proceedings, is it mostly to determine if there is merit to these lawsuits? Thanks as always!

Our government should not be playing the stock market and NEITHER should the politicians. Even if they have to disclose their transaction there is insider information about FnF that is being used and passed on. The only consolation is that most politicians are sheep, sheep are also some of the dumbest animals on the planet and eventually you know what happens to sheep when thier usefulness is over! Hopefully half the politicians in the "know" are long obviously half are short!

Thank you for taking your time!

Thank you, those papers were very enlightening and well written. Sounds like something OBI would write! Hmmm?

Who had or has the connection to Nick over at the WSJ?
Can you ask him to post these papers written by Richard A. Epstein?

An Unconstitutional Bonanza
by Richard A. Epstein (Peter and Kirsten Bedford Senior Fellow and member of hoover ip squared working group steering committee)
The government has seized billions of dollars from Fannie and Freddie’s private shareholders.

I have been released from jail!

Start your own toast, I will go. I v'e never been one for the elitist crowd!

I usually agree with you and your assumption and or opinions because they are accurate for the most part. But, this seems to be a stock that fundamentals, technicals and news takes a back seat to the current c-ship situation, OTC position, manipulation and of course law suit outcomes. I personally believe all of the above should be taken into consideration against the latter. What do you think?
My one post for the day!

The GSE business model has outperformed any other real estate business throughout its existence, which many critics ignore. According to the Annual Report to Congress, filed by the Federal Housing Finance Agency, over a span of 37 years, from 1971 through 2007, Fannie's average annual loss rate on its mortgage book was about four basis points. Losses were disproportionately worse during the crisis years, 2008 through 2011, when Fannie's average annual loss rate was 52 basis points. Freddie Mac's results are comparable.
By way of contrast, during the 1991–2007 period, commercial banks' average annual loss rate on single family mortgages was about 15 basis points. During the 2008-2011 period, annual losses were 184 basis points.
Or take a look at the FHFA study that compares, on an apples-to-apples basis, GSEs loan originations with those for private label securitizations. The study segments loans four ways, by ARMs-versus-fixed-rate, as well as by vintage, by FICO score and by loan-to-value ratio. In almost every one of 1800 different comparisons covering years 2001 through 2008, GSE loan performance was exponentially better. On average, GSE fixed-rate loans performed four times better, and GSE ARMs performed five times better.

Well all you Texas FnF supporters it's time you get to work and call that misinformed gentleman and enlighten him with facts. He is definitely giving Texas a bad name! It really amazes me that

He undoubtedly knows about all the law suits the banks have lost because of their corruption. Yet he blames FnF for it.

Kinda makes you wonder why he is so enraged by FnF!
I wonder if the chairman of the House Financial Services Committee goes to lunch with any of the big banks.

This is really amazing,
1. article after article of good news.
2. Excellent earnings.
YET
1. Convenient power failed when the price was started to rise quite a bit right before!
2. Stock tanks.

And the post about " I have to be vague because of an on going investigation" AND" this was for our benefit".

HMMMMMM

Is it the conspiracy in me but release earnings same day twitters ipo! Hmmmmm

It has been along time since the FNMA board has been this quiet! Did I miss something?

Thats why we have the ignore button!

The harder the wall, the more strength needed to push through, therefore the more positive the outcome. Hopefully!

GreenWizard. I could not agree with you more, and that goes for 90% of this board as well. There are some that have excellent DD whether good or bad. Facts are really important.
Unfortunately false news from the corrupt media can have a negative effect on price but the truth always wins out and the price rebounds.
Most of the clowns that write these articles are just plain stupid and only regurgitate false information, so there cronies can steal your shares!

Does anyone subscribe to IBD? FNMA, looks good on there analysis.

Thanks Obit for your succinct replies. I would caution any who uses a broker that makes such outlandish predictions.
Like some of the more mature or seasoned investors suggest on here is to do your now DD even if it is only reading and analyzing.
Relying on a broker who is usually "broker" then you is like relying on the guy who says "slappa gappa" on every other post. GLTY