Looking like a strong open.

I'm only seeing around 500k on FMCC.

That's when earnings have typically been reported. No significance.

The tree always gets shook before a run.

CFPB still exists even though it's structure has been ruled unconstitutional. Rules that they wrote still exist. The reason PHH won is because the director, who's structure was ruled unconstitutional, increased a fine on his decision alone. Everything you mentioned wasn't a sole decision by FHFA. Two parties agreed to the transactions.

There was in the q&a fact sheet. Why would that change?

https://www.treasury.gov/press-center/press-releases/Documents/fhfa_consrv_faq_090708hp1128.pdf

Q: What happens to the Company’s stock during the conservatorship? A: During the conservatorship, the Company’s stock will continue to trade. However, by statute, the powers of the stockholders are suspended until the conservatorship is terminated. Stockholders will continue to retain all rights in the stock’s financial worth; as such worth is determined by the market.

"Protecting the taxpayer" against shareholder profits.

All talk to keep s/p deflated as long as possible.

Wind down is 100% off the table imho.

Ok

1000000 shares traded in the first 5 minutes.

$2.93x$2.93 bid/ask.

Should break $3.00 today.

I still stand by the reasoning that we won't see pre c-ship levels until it ends. I could be wrong but it's been proven on all runs since c-ship.

I have a rate sheet from Wells Fargo dated 6.15.05. It has a no money down plus program on it. Let me know if you want it.

No mention of housing.

Old news.

BidxAsk holding. Interview wasn't the reason yesterday.

Sounds like she's going to drag a 20 minute interview out over the next 3 hours. Setting my dvr next time.

Never mind me. Working on 3 hours sleep after that Cubs home opener last night.

A little early for power hour.

Gselinks quote is wrong. Read the filing.

11MM shorts yesterday?

Agree. There's no drop due to the sweep. Funny how people try to create fear around a non-event. Almost reminisce of "net zero".

Rather them borrow it now before they're out of c-ship than after.

Still waiting for that massive drop.

Still waiting on that 40% drop some people have been pumping.....

Why?

Look at FNMA.

The winds of change are blowing.

CSS delayed until 2019!

http://link.email.nationalmortgagenews.com/click/9222469.51870/aHR0cHM6Ly93d3cubmF0aW9uYWxtb3J0Z2FnZW5ld3MuY29tL25ld3MvZ3NlLWNvbW1vbi1zZWN1cml0aXphdGlvbi1wbGFuLWRlbGF5ZWQtdG8tMjAxOT91dG1fY2FtcGFpZ249YWxlcnQtYy1NYXIlMjAyMyUyMDIwMTcmdXRtX21lZGl1bT1lbWFpbCZ1dG1fc291cmNlPW5ld3NsZXR0ZXImZWlkPTEyYTZkNGQwNjljZDU2Y2ZkZGFhMzkxYzI0ZWI3MDQy/52e9a6c6c16bcfa46f1cb1b1C554b68cf

How so?

He's pumping that date in attempts to collect cheap shares. That is THE ONLY reason.

The government will follow the courts until they are told not to or decide to concede. So far, NWS is legal. It will be a policy decision to change it. Mark this post.

Point of the post was that the anticipated sweep will happen after earnings is released; after the framework is released.

Next FNMA earnings is out 5/3/17.

But that's the current agreement. Believe me, I'd like to see it end, but I wouldn't expect it to prior to framework being released.

If framework is coming out in June, why should we expect the NWS to end before that?

Looks like someone took a big bite.

$2.91 just posted.