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Just where is Gaby hearing that from?
Have to agree.
Thank you.
Those dates aren't believable as Calabria said Consent Decree by end of this year or soon after.
What did the tweet say?
Absolutely, that is what we have been saying all along.
So true.
Or FnF JPS might linger with no future like IMPHO
American Banker has an article out this afternoon but does not mention $180 B.
DOW Jones Newswires said he did. Here's the tweet. You may need to c/p the tweet to read it.
https://mobile.twitter.com/messages/920809910585184257/media/1196884631796297734
Calabria now saying we need more than $180 B in cash to exit consent decree
Maybe this is why we're down.
Sweeney: my world view is that in order to have standing for a taking, the claimant must have owned the property at the time of the taking. If you bought after maybe you were shopping for a lawsuit and that’s never a good idea.
If the cship is deemed to be unconstitutional, we'll go back to the capital retention rule before September 2008
Best post ever.
Sounds like court is still going on.
If this gets remanded does it go to Judge Atlas' court?
Seems pps will rise 2020 2021
The tide has turned in court sentiment. I can see the whole conservatorship determined to be a fraud.
This is why Calabria says SPO 2021-2022
Won't be able to attract investors without paying dividends.
Seems more like Calabria wants to hang onto his job.
It will take another few years to raise that kind of dough.
Think we'll uplist 1st qtr 2020?
So in other words, after Judge Atlas ? opinion for damages the Treasury could just send the money to FnF? Judge Atlas will need to stipulate a timeframe.
After all this does it go back to Judge Atlas for damages?
Why are they coming up with this ridiculously high number of $180B combined to be able to exit CSHIP?
Biggest @FHFA confusion:
— Tony Castelluccio (@T_Castelluccio) November 13, 2019
will be 2exits:
hit Minimum capital to get consent decree EXIT
Then get few yrs to hit Capital Requirement through both retained earnings & secondary capital raise To COMPLETELY EXIT
IMO
exit1: FNMA≈25B, FMCC≈20B
exit2≈ 180B both
Retain Cap=BULLISH
IMO Consent Decree 2019, 2020. If needed SPO 2021, 2022. Release from Cship totally funded 2022, 2023.
Calabria has no ability at all to speak clearly.
Mnuchin must finally have given Calabria direction.
Aren't all the plaintiffs supposed to be there?
This is good news.
Times have changed.
Sad, but true.
At least they'll get us a good pps.
Think there'll be perjury charges?
I think the court rulings is what Sweeney has been waiting for.
We kinda have the same point of view.
Seems like Calabria risked his career to defend HERA
Who here believes that Treasury will go with 2nd option and produce a privilege log? Seems they would disclose all the documents.
Now that's funny
I don't see that on gselinks. Where is link?
That's heavy buying for a Friday.