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I like it right here with a slow steady climb north.
Did we get stuck or something? Seems like the prices stabilized
fmckk is going to sit because the ask is $6. Need to walk it up, not jump it up
"There is way too much Zen Bhuddist-type of postings going on. I'm sticking at my desk, flogging my weiner. "
You think you're unique today?
Why are there no trades showing up? Even etrade shows that volume, but no price.
Not this morning, it is way too soon.
Don't go away. We all have been chatting with each other for years. Someone, find another interesting stock we can sink into.
certainly
Fannie is (fighting) with treasury over permission to use the dta for 4th qtr reporting. They said they have huge profits. Also, the congress is stating that they are going to work on housing and that the guarantee fee can't be siphoned off for other government programs.
I'm so happy I just can't stand it. I never had as many shares as everyone else here, but I had enough for me to get by on. Sold a few shares the other day to buy lehnq at 11 cents, it's now at 15 cents so at least there is some profit there. Could have been so much better if I waited 1 darn week. Been in this stock 4.5 years and have read every message posted here.
In my email, so no link:
For Immediate Release
March 14, 2013
Waters and Capuano Reintroduce Bill to Strengthen Federal Housing Administration
WASHINGTON -- Today Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, reintroduced the FHA Emergency Fiscal Solvency Act. The legislation, co-sponsored by Representative Michael E. Capuano, Ranking Member of the Subcommittee on Housing and Insurance, is designed to strengthen FHA and to help ensure its long-term solvency.
In recent years, the agency has stepped into the void, providing crucial liquidity as private firms have retreated from writing mortgage insurance policies, particularly for key groups such as first time homebuyers.
The provisions of the bill give FHA more flexibility to take action against loan originators who engage in faulty underwriting or who have high loan losses. Additional measures include authorizing the agency to require indemnification for improperly written loans.
In reintroducing the bill, Ranking Member Waters said “This legislation takes an important step towards improving the financial stability of the FHA. Over 400 members of the House voted for an identical bill last Congress, which was drafted in the Financial Services Committee in a collaborative manner and on a bipartisan basis. Working with the Administration, we plan on drafting additional legislation to give FHA more tools to bolster its insurance fund. But this is an important first step, and should be considered immediately, given that it was supported on such an overwhelming, bipartisan majority in the last Congress. It is time to move beyond discussion of this issue and take action. ”
Congressman Capuano said "The House passed legislation reforming the Federal Housing Administration last year with the bipartisan support of 402 Members. There is clear agreement on the need to provide the FHA with additional risk management tools, increased transparency and enhanced reporting requirements. Let's move forward now with what we agree on and work together to make additional improvements” stated Congressman Mike Capuano
They could sell the sr preferreds at any time, make a profit, don't have to wait for the money to be "earned" and sent to the treasury.
Nope, joke's on me. Sold off a few last week.
It was your selling that made the stock jump
This just keeps getting better and better.
Don't joke, it could happen.
holy moly. look at the volume on lehnq
I have owned stock in a company that went into bankruptcy. The first thing that happened is the stock stopped trading. The jr preferreds and commons are allowed to continue to trade. Oh and by the way, F&F are not bankrupt.
Just what was said to the BoD to make them sign the conservatorship agreement
I have not received anything in the mail regarding my cts to report to the irs. Has anyone else?
"Wind down" means bring it down to the levels it was at before the financial collapse when F&F had to step up to save the country.
Oh, it is because lehnq's dividend is due in April.
I would sure like to know why lehnq is ahead of the others.
I say anybody can bring a lawsuit and claim anything. But, a class of stock is still a class of stock. Plus F&F are in conservatorship, DeMarco is supposed to preserve the assets. And who owns those assets?
I think earnings will be very strong. No othe announcement either. Just taking their sweet ash time.
There just does not seem to be any good reason for the long delay n posting the quarterly report.
It's hard to belive what we're watching. I hope it sticks.
"will receive $77.35 per $50.00 liquidation amount "
I could live with that.
Cool new topic.
I like being the only girl around. I just never thought of it until someone brought it up.
Girls SO rule!!
Wise guy, got me rolling. Good info to have, I say keep it there.
Also notice they have the convertibles getting 1 for 20...
Aren't there any other girls here?
I noticed that it took longer to scroll down to the messages but had not stopped to look at the additional content. Nice catch. That's recent too.
I've been holding here just as long as anybody else.
But the volume was not all that much.
and so the slow bleed continues...
Godfather - I like that better.
This sure feels like the date is a delineator of some sorts. Maybe cts purchased after 3/1/13 don't get a 20 quarter dividend, something like that.
"I was able to grab a few shares of lehnq on 3/5/13. Oddly, on my brokerage account, it shows the date purchased on the statement whereas for my other cts, this date does not show. Does anybody else show this?? What could it mean?"