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BOOOOOOOOOMMMM
Fannie, Freddie Shares May Move With Unsealing of Opinion
By Felice Maranz
(Bloomberg) -- Common shares of Fannie Mae and Freddie Mac may move as Court of Federal Claims judge Margaret Sweeney is likely to unseal her opinion in a case regarding validity of the so-called “net sweep,” which transfers the profits of the mortgage giants to the Treasury.
The parties involved in the lawsuit late Thursday told Sweeney that her Dec. 6 opinion didn’t require any redactions, Bloomberg Intelligence‘s Elliott Stein said
“As a result, we expect the opinion to be unsealed imminently, possibly as early as today”: Stein
Making the opinion public would offer investors more information about how the case may proceed; the issue is critical as investors in the mortgage giants contend they or the companies deserve the profits, not the Treasury
Don’t cry for me Argentina!!
Prefers sell come to the right side of history! Lol
It hurt shortie!! I know !! Lol lol lol
Shorties bye bye
Thank you
Niceeeeee it’s coming amigos
BOOOOMMMMM
The key to the Settlement will be the overpayment being credited back to the #GSEs as a prepaid asset for future commitment fees. Means less capital to raise. #housingfinance
— David Metzner (@davidametzner) December 8, 2019
BOOOOOOOOM
ITS SHOWTIME! FELLOW TRAVELERS LAWYER UP ITS COMING!
Sweeney decision: "The court grants defendant's motion to dismiss with respect to the direct claims and denies defendant's motion to dismiss with respect to the derivative claims."
— Mark (@LarsonTrades) December 7, 2019
All is good amigo !! Lol we play for the same team ! Hire a financial advisor plzzzz
Booooooooooommmmmm
Sorry it’s Mnuchin ! U right
This is just collins reply, not supreme court deciding to take it
Bove amigo working for TBTF!
Now this is why all the Networks cut him off ! Bias and clueless https://www.bloomberg.com/amp/news/articles/2019-11-14/dick-bove-calls-fannie-freddie-regulatory-shift-bad-for-shares#click=https://t.co/lIZeW9SbMb
I guess his on this board !! Lol
What do u think Mr cancelled?
Boooooom
#fanniegate @USTreasury ordered to hand over docs to Plaintiffs In Lamberth's court. Motion to Compel GRANTED. $fnma $fmcc pic.twitter.com/gllrXFMHcB
— Hooded Pepe (@ckc12_rb) November 8, 2019
Booooom Housing giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday.“After a competitive…process, Freddie Mac retained McKinsey to conduct a gap assessment of our capital management capabilities and develop a roadmap to address any issues. This four-month engagement will begin in December,” said a Freddie Mac spokesman in a statement to Reuters.
Booooom life is good !!
Nake short to down pressure the price ! HF preferes waiting for a settlement amigo
ITS SHOWTIME!! Life is good !!
Boom boom boom
FHFA has already begun working w Treasury to consider changes to terms of the Senior Preferred Stock Purchase Agreements, including the so-called net worth sweep. Treasury and FHFA have already begun doing that w agreement for mortgage giants to retain up to $45B in capital
— Jennifer Schonberger (@Jenniferisms) October 28, 2019
Up we gooooooo life is good
Buy buy buy life is good
The famous R word is back !! These HF don’t give up !! The twins are NOT GOING IN RECEIVERSHIP !! R-ship? really ? 8-10 TRILLION to Fed's books ? is that good finance exercise? Will that downgrade US credit rating ? wont Congress have to approve that ? if they can do that, why they didnt do it? - what are your baseline, are you making this all up as we go along!!
Life is good !!
Well well I TOLD YOU SO!! Yesterday buy buy buy !! Life is good
$FNMA $FMCC FHFA today announced that Jonathan McKernan will join FHFA as Senior Counsel for Policy. Also, Raphael “Raffi” Williams recently joined the Agency as its Press Secretary and Senior Communications Advisor.https://t.co/1ilRrvec6f
— InvestIt (@FNMA_RRR) October 24, 2019
"If Fannie and Freddie fail, acess to credit will be reduced because of that," says @FHFA's @MarkCalabria. To protect affordable housing, he adds, we have to protect them. #AtlanticHousing
— AtlanticLIVE (@AtlanticLIVE) October 24, 2019
"How will the government protect a 30-year mortgage?" asks @KathleenKoch1. Again, @MarkCalabria emphasizes the success of Fannie and Freddie. If we build more capital, he says, that allows people to trust in those institutions more. #AtlanticHousing
— AtlanticLIVE (@AtlanticLIVE) October 24, 2019
Big money amigo needs sacrifice!
Life is good !!!
Calabria gets slightly more specific on capital rule announcement – says they’ll be able to say within the next “two to three weeks” whether they will need to re-propose
— Katy O'Donnell (@KatyODonnell_) October 24, 2019
Wel well I told you guys to buy buy buy yesterday! Lol life is good