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fnma will have $25B capital in the end of Q3 so SPSPA will have to be re-written by end of Q3.
"Q4 2019 earnings for Fannie and Freddie accelerate #GSE reform timeline."
Q4 2019 earnings for Fannie and Freddie accelerate #GSE reform timeline. #ACGAResearch pic.twitter.com/Y8IIIaJhtI
— ACG Analytics (@ACGAnalytics) February 14, 2020
Calabria said settlement of lawsuits by election. I saw it.
Nothing new on the dockets today. That's weird.
Can't find the chatter with the settlement info, but look closely at this for events this summer.
It's coming.
https://mobile.twitter.com/ACGAnalytics/status/1228327427828518914/photo/1
Eagle eye. Don't have the tweet here but IMO Calabria said finalize settlements with plaintifs (about) September. That would be FY20
Final Rule by end of 2020 - Did someone there think to ask him whether he was talking FY20 or CY20? I said that you need to worry about how long it takes to finalize the draft rule - but I figured 120 days. Hey Dr. Calabria! Forget the draft rule and just publish this as a Final. At least hire me and I can have the Final Rule whipped out in 30 days from the close of comments. Money back guaranty - if not you can withhold 79.9% of what you owe me.
Got to get used to the way Calabria talks. He's merely stating the capital rule will be final before end of 2020.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153989789
Before he stated capital rule final July 30, 2020. Here's his schedule.
https://mobile.twitter.com/ACGAnalytics/status/1228327427828518914/photo/1
Trump is in India.
Mnuchin is in Saudi Arabia.
FHFA will be a regulatory entity.
IMO Calabria just intentionally not providing specific timeline in speeches.
Calabria better mean that the final capital rule will be done by this summer.July 30, 2020
https://mobile.twitter.com/ACGAnalytics/status/1228327427828518914/photo/1
All the candidates know the government lost the lawsuits so now they're all about making housing plentiful again.
All aboard - chooooochoooooo...doesn’t matter who wins election anymore!!!!
Freedom coming baby! Life is good.
Estimate $1.5 for 12 years plus 30% is $24 per share
7. Cash to common allocated over 12 year period equal to $1-$2 per share per year plus 30%
Ed Pinto can't stand not being in the picture, and certainly has nothing good in mind for FnF
Quote:
On Tuesday, the National Association of Business Economists
will host a panel on the future of Fannie and Freddie.
Scheduled speakers include FHFA Director Mark Calabria,
American Enterprise Institute scholar Ed Pinto, and Laurie Goodman
of the Urban Instiute.
Cowen analyst Jaret Seiberg expects Pinto and Goodman to push
the FHFA director to “offer up additional details
on his plans for Fannie and Freddie to exit conservatorship”…
It's coming.
gov and plaintiff have until Feb 25 to let Sweeney know if they can work out a settlement.
The new financial firm will do an audit of the GSEs.
The race is on. Will Trump settle fmcc lawsuits before election?
Anybody see the fmcc new share request on the SEC site?
Freddie earnings
If we were off otc we would be at $12
That's $45 Million of OUR money. FHFA is not funded by the gov't, it's paid for out of the money they help Treasury steal from us.
Yup. He knew what needed to be done and actually had a plan without spending 45m to hire someone to find someone who knew someone who could make the theft stick.
Notice now FHFA is talking SETTLE lawsuits. They aren't saying WIN lawsuits.
Settle FHFA lawsuits right before election day.
It is also a month into the next gov't fiscal year.
Stickied Ano's post
FnF will meet the requirements of the consent decree January 1, 2021.
Thank you for your insight.
Sounds like Calabria has it set up that his Cash Retention plan is done by June 30, 2020 and we qualify to exit cship January 1, 2021
FHFA - After reviewing industry and stakeholderfeedback, FHFA anticipates finalizing these requirements in the second quarter of 2020, and anticipates that the requirements will be effective six months after they are finalized.
I guess we have say now ?
Since when was FHFA designated a regulator of 11 Federal Home Loan Banks?
So now FHFA is a regulator of Federal Home Loan Banks?
Is it FHFA or FnF that have a division of conservatorship?
FHFA Announces Realignment of Agency Structure
Renaming the Division of Conservatorship (DOC) to the Division of Resolutions (DOR) https://t.co/WOkBE42O1u
— GSE Restoration Team (@JohnDee78791547) January 30, 2020
Really? Did Sweeney say that? When?
so Sweeney has given parties until 2/7 to proceed (whether by scheduling order or appeal) and she has simply said in the case before her that is still undecided, which I call Washington Federal (13-cv-00385) challenging the conservatorship itself, that she won’t be rendering an opinion in that case on govts motion to dismiss until she know what the parties are doing in Fairholme.
Opinion out of March 3 with SCOTUS and CFPB is what I'm looking for.
Seems like Sweeney already knows her opinion, doesn't need another year to decide.
Judge Atlas will most likely be entertaining a motion for summary judgement against the gov this summer. Sweeney at end of 2020 or beginning of 2021. November election. Many reason to settle so the government can proceed on its timeline to end the insanity. End the liquidation pref, end the NWS, and negotiate warrants like all other baillout recipients.
Allow FnF to determine how best to recapitalize to meet standards
Market Maker Signals
100 I need shares
200 I need shares badly but do not let take the stock down
300 Take stock down at least 30% so I can load shares
400 Keep trading sideways
500 Gap stock. Can be up or down, based on 540 signal
600 Means provide resistance
700 Means keep moving the stock UP
800 Get ready for action
900 Means let the stock float
911 PR out
IDK why chatter is that SCOTUS will hear case next session when there are 5.5 of 12 pages of denials.
I don't think the treasury will get any money. They've been proved already to have taken billions.
We should get the taxes paid back too.
All funds funneled to the Treasure was taxed before submission.
Why would only part of the warrant be gone?
State of Union on 4th may have GSE news after impeachment drama is over in January
Extension in the Sweeney court is till 7th.
The annual reports due mid of February with SPS and part of warrant gone.
IDK, maybe to make sure plaintiff gets all the secret documents.
My Question is why has plaintiff gone along with all these delays? If I was paying for the legal fees, I would not want delays UNLESS there is a benefit for plaintiff with delaying this thing ....
Sounds like the $125 Billion are given back to FnF
So when they give back the 125 billion we each will have $70 per share in our trading account,,, almost as good as Carlos $248 a share ,,,,
My GUESS is $50B to Freddie, $75B to Fannie.
Thompson - Government is under EXTREME LITIGATION pressure to settle. The hold up is the government not wanting to give back the $125B. There you go
I listened to the call and did not hear one word about decision not coming by end of year.
David Thompson - We are Moving FWD in the
Southern District of Texas Case ....
using Susan McFarland deposition on GSE Financially Sound
Judge Lamberth - ORDERED TREASURY to GIVE UP
E-MAILS we have asked for in the CASE (Discovery)
SWEENEY - UPDATE Due TODAY - expect request for additional
two week delay - Decision expected by end of this year
on the Derivative Takings Claim - YUGE POTENTIAL IMPACT
BHatti CASE - 8TH CIRCUIT CASE PENDING RULING
BOTTOM LINE - GOVT IS UNDER MASSIVE LITIGATION PRESSURE !!!
QUESTIONS BEING ASKED NOW .....
PAGLIARA ASKED ABOUT POSSIBLE SETTLEMENT W GOVT ???
THOMPSON SAID GOVT HAS STRONG INCENTIVE TO DEAL W SHAREHOLDERS
REASONS TO COME TO THE TABLE -