something me and you share , fun.
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Nice...should read...thank you for share post !
Judge: Ex-Fannie Mae boss must face SEC-led civil trial http://www.cnbc.com/id/103434317
Chinese's Government may sue USA's Government over Hundred Billion dollars in FnF's Bonds ...That why USA's Gov. try to cover this up so bad. Shame on ....
and pls add Coker to "jail list" bc all his lie
Cooked the Book ! I am adding my position...buy buy buy
Coker's friends are selling GSE's ...lol
Stock go up is good ...but sometimes you have to know why....maybe a push up to massive sell ...who know ...but seem like it
you have link to support it? Or just guess what Mr.Trump will do ?...
very nice....."In the case of Freddie Mac and Fannie Mae, if the 10% dividend rate as set forth by HERA 2008 was not punitive enough, the August 2012 net worth sweep, deeming 100% of the profits to be swept to the US Treasury, is nothing less than a Takings of property under the 5th Amendment which requires just compensation to be paid if private property is taken for public use.
I would like to impress on you that America needs corporate leaders, like Apple to stand up to the expanding governmental overreach of power that is damaging Wall Street and Main confidence.
The action I ask you to undertake is to stand with shareholders of Fannie Mae and Freddie Mac. Apple and/or executives of Apple, or Apple Inc. should buy equity (Tickers: FNMA and FMCC ; Information : gselinks.com ) in Fannie Mae and Freddie Mac, as sign of solidarity that corporate America will stand up and fight for our basic rights as investors, as corporations, and as citizens. "
Monday Open @5$ recap FnF maybe GL
Make Americans Greatest again...maybe it's mean stop Government's holding FnF hostage.....MOI!
He could be CEO and president at sametime if he wins the Election! Maybe the only one understand how Gov. took and stole fr tax payers....peace and good luck!
Mr. Trum will speak moments away ...turn on your TV ....CNBC...GL
Court date ? tomorrow...woo woo
i am holding this ...Hesg ...lol
Fannie Mae and Freddie Mac Shareholders Just Got Some Good News
Investors may finally get some long-awaited answers about the GSE's conservatorship, thanks to Judge Margaret Sweeney.
http://www.fool.com/investing/general/2015/08/04/fannie-mae-and-freddie-mac-shareholders-just-got-s.aspx
DJ PRO FinReg: Regulators Look to Revive the Mortgage Market
Feb 24, 2016 14:30:00 (ET)
By Joe Light
In the immediate aftermath of the financial crisis, top federal housing regulators worried about helping struggling borrowers threatened with foreclosure and punishing lenders seen as recklessly irresponsible. In 2016, they are more focused on broadening access to mortgages and getting more private investment into the market.
Early in President Barack Obama's presidency, his administration unveiled programs that tried to give struggling homeowners relief by changing mortgage terms to lower monthly payments, or to refinance at lower rates even when they normally wouldn't be eligible.
Now, the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, said that this year would likely be the last the mortgage-finance companies participate in the program. The FHFA said that before the program expires, Fannie and Freddie will come up with long-term options to replace them, but they are likely to be less generous to borrowers.
In the meantime, the FHFA and the Federal Housing Administration, an agency that guarantees low-down-payment mortgages, are continuing to work to try to persuade lenders to make more mortgages to riskier borrowers.
After the housing crisis, Fannie, Freddie and the FHA hit lenders with billions of dollars in penalties for mortgage-related errors. That made some lenders uncertain of whether and when they might face penalties in the future, and they reacted by eschewing loans to less-creditworthy borrowers, even if those borrowers were eligible for government backing.
Fannie Mae and Freddie Mac concluded an effort to clear up those concerns earlier this year, a move that some lenders have lauded. On the other hand, the FHA is still trying to address the issue, and some lenders, frustrated with progress, have pulled back significantly from lending to some borrowers as a result. The FHA plans to release final guidelines by this spring.
Also to broaden mortgage access, the FHFA has told Fannie and Freddie to study using new credit-scoring models that are friendlier to some borrowers than the model they currently use. Some lawmakers have also proposed legislation for such a move, and the FHFA might decide on the issue in the first half of the year.
The U.S. Treasury Department and FHFA are also trying to bring more private capital into the mortgage market.
Before the crisis, many loans were made by private lenders without taxpayer backing and wrapped into private mortgage-backed securities. However, since 2007, that market has been mostly dead, in part because mortgage investors felt they were misled by lenders and ratings agencies when those loans went bad.
For more than a year, the Treasury has led an effort to bring investors and lenders back to the table to hash out new private mortgage-backed securities, or MBS, documents and structures that both parties feel could restart the market. That effort is winding up early this year.
In lieu of a private-label MBS market, the FHFA has directed Fannie and Freddie to sell to private investors new securities that offload the risk of mortgage defaults from the mortgage-finance companies to private investors. In 2016, the FHFA is requiring Fannie and Freddie to sell to private investors the credit risk on 90% of the unpaid principal balance of new loans.
The agency this year is also planning to study whether Fannie and Freddie should transfer more risk to mortgage-insurance companies, a move that the insurance companies argue could save borrowers money.
Despite the FHFA and Treasury Department efforts, most observers believe taxpayers will remain on the hook for the majority of mortgage defaults for years.
Write to Joe Light at joe.light@wsj.com
[This article is part of a roundup of what to watch in the world of financial regulation in 2016. It was prepared for a new Dow Jones product focused on financial regulation that launches Feb. 25. For more information, please visit http://www.wsj.com/pro/financialregulation]
(END) Dow Jones Newswires
February 24, 2016 14:30 ET (19:30 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
A New Day at GrowLife
Feb 24, 2016 09:00:00 (ET)
GrowLife Resumes Public Trading
SEATTLE--(BUSINESS WIRE)--February 24, 2016--
GrowLife, Inc. (OTCBB: PHOT), one of the nation's most recognized cultivation service providers, today announced an update on the Company now that its common stock has resumed quotation on the OTC Bulletin Board after receiving clearance from the Financial Industry Regulatory Authority ("FINRA") on its Form 15c2-11.
When the public market was informed that FINRA approved GrowLife's return to trading, on February 17, 2016, shareholders welcomed the stock back with great enthusiasm. Over the next 48 hours the market traded just under 50,000,000 shares, going from $0.01 to a high of $0.09, and closed at $0.06 per share with a corresponding market cap of $57 million.
"I see our return to trading as a significant accomplishment and the first of many to come," said Marco Hegyi, President of GrowLife. "We have been preparing for this 'New Day' and started executing on our plan well in advance of our return to trading." Furthermore, in Mr. Hegyi's Medium blog post (https://medium.com/@hegyi), he explains that the company is moving forward over the next 30--90 days by focusing on three priorities: Revenue recovery, positive cash flow and fortifying its balance sheet by capitalizing on the indoor cultivation market growth, with more products and more points of distribution.
Throughout his posting, Mr. Hegyi explains how the company will further strengthen its business fundamentals and strategic partnerships with value-added resellers to support these priorities.
For more information about GrowLife, please visit: www.growlifeinc.com. Additional commentary on the Company as well as the industry is also provided on Mr. Hegyi's blog.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (www.growlifeinc.com) aims to become the nation's largest cultivation service provider for cultivating organics, herbs and greens and plant-based medicines. Our mission is to best serve more cultivators in the design, build-out and expansion of their facilities with products of high quality, exceptional value and competitive price. Through a nationwide network of local representative, regional centers and its e-Commerce team, GrowLife provides essential goods and services including media (farming soil), industry-leading hydroponics equipment, plant nutrients, and thousands more products to specialty grow operations. GrowLife is headquartered in Seattle, WA and was founded in 2012.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for GrowLife's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in GrowLife's filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting GrowLife, Inc. please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. GrowLife, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160224005450/en/
CONTACT: Media Relations/Investor Relations:
GrowLife, Inc.
Marco Hegyi, 866-781-5559
GrowLife Communication Team
info@growlifeinc.com
SOURCE: GrowLife, Inc.
Copyright Business Wire 2016
(END) Dow Jones Newswires
February 24, 2016 09:00 ET (14:00 GMT)
Federal National Mortgage Association (FNMA) To Uplist To The NASDAQ, Official Announcement Imminent Ventures Sierra World Equity Review
Latest Projections: Federal National Mortgage Association (FNMA) To Uplist To The NASDAQ, Official Announcement Imminent Ventures Sierra World Equity Review. Look for the official news coming, when it does remember you heard it here first!
Follow Sierra on Twitter To Get Our Next Publisher Pick~~Follow Sierra on Twitter
http://sierraworldequityreview.blogspot.com/2014/08/federal-national-mortgage-association_27.html
Federal National Mortgage Association (FNMA) To Uplist To The NASDAQ, Official Announcement Imminent Ventures Sierra World Equity Review
Latest Projections: Federal National Mortgage Association (FNMA) To Uplist To The NASDAQ, Official Announcement Imminent Ventures Sierra World Equity Review. Look for the official news coming, when it does remember you heard it here first!
Follow Sierra on Twitter To Get Our Next Publisher Pick~~Follow Sierra on Twitter
call all my pals said sign too????
Sign....Fnma.....
Watch "The Big Shorts " ..will see Government enterprises and corruption!
http://www.bu.edu/writingprogram/journal/past-issues/issue-1/acharya/
suit your self ....all i do i copy and past ...I dont give a fack....incase you are missing something....PEACE
NBR.com key words FNMA
http://nbr.com/2014/03/14/hedge-funds-ignore-fannie-freddie-noise/
The government decided in 2012 it would keep any future profits on the stocks because of the risk taxpayers took in rescuing the agencies for $187.5 billion, a sum that is just now in the final stages of being repaid.
That decision to “sweep” profits to the U.S. Treasury essentially wiped out all shareholders, including those with the “preferred” status they theoretically have. Perry, Fairholme and others argue that the “sweep” decision is unconstitutional.
To earn the big payout the funds are targeting, two things likely need to happen: First, the courts need to overturn the sweep decision, which would allow Fannie and Freddie to begin accumulating profits instead of passing it on to the Treasury. Second, Congress needs to reform Fannie and Freddie without liquidating them, thereby allowing shareholders to start collecting the profits on their business.
If both things happen, that would mean big money for the investors—preferred shares of Fannie and Freddie are worth a face value of $33 billion today. But the same shares will likely be worthless if the funds lose in court and the new Senate liquidation legislation proposed this week passes.
yeah Phot still does their business during their stock "held" , book value should be 30 cents easy ...MOI...GL ...15c is coming on Monday.
PHOT 3 cents is coming!
Etrade is fine to trade PHOT! GL
This look new? in ( 10K)
"
In August 2012, the terms governing the company’s dividend obligations on the senior preferred stock were amended. The amended senior preferred stock purchase agreement does not allow the company to build a capital reserve. Beginning in 2013, the required senior preferred stock dividends each quarter equal the amount, if any, by which the company’s net worth as of the end of the immediately preceding fiscal quarter exceeds an applicable capital reserve amount. The capital reserve amount is $1.2 billion for each quarter of 2016 and will be reduced by $600 million each year until it reaches zero in 2018.
The amount of remaining funding available to Fannie Mae under the senior preferred stock purchase agreement with Treasury is currently $117.6 billion . If the company were to draw additional funds from Treasury under the agreement in a future period, the amount of remaining funding under the agreement would be reduced by the amount of the company’s draw. Dividend payments Fannie Mae makes to Treasury do not restore or increase the amount of funding available to the company under the agreement.
Fannie Mae is not permitted to redeem the senior preferred stock prior to the termination of Treasury’s funding commitment under the senior preferred stock purchase agreement. The limited circumstances under which Treasury’s funding commitment will terminate are described in “Business—Conservatorship and Treasury Agreements” in the company’s 2015 Form 10-K."
i wasted an hour to hear nothing ...only this not permanent...so after 8 yrs ...Fnma will be FNM and 5$ a share ...lol ...peace
Why did he happy when he out of his job? bc it's all suck and lie ?
Things happen for reasons...lol when you see me ...you will see risk follow lol...MNGA is risky but i like it...Shares of MagneGas Corporation
MNGA 2.65%
were trading higher by around 5 percent on Tuesday. The company announced it has received a fuel purchase order from "one of the largest gas companies in Mexico."
MagneGas added that the potential client will test its products in the Mexican market as a replacement to acetylene. The testing may lead to an interest in distributing and manufacturing MagneGas' fuel for the Mexican market.
"The Company continues to execute on its strategy for industrial gas sales expansion. This Company in Mexico is highly respected in the industry and is one of the largest in the Country. An agreement to expand into Mexico could significantly impact our industrial gas market footprint and sales opportunities," stated Ermanno Santilli, CEO of MagneGas Corporation.
Read more: http://www.benzinga.com/news/16/02/6307383/magnegas-gains-on-new-fuel-purchase-order#ixzz40UH2dxQC
MagneGas Corporation (NASDAQ:MNGA) received a fuel purchase order from one of the largest gas companies in Mexico. The purchaser will test MagneGas2 in the Mexican market as a replacement to acetylene and if it receives favorable feedback from the test, they have indicated an interest in distributing and manufacturing MagneGas2 fuel for the Mexican market through a license agreement. The fuel for the test has already shipped and the test is expected to occur in the coming weeks.
MagneGas Corporation (NASDAQ:MNGA) on Tuesday closed at $1.13. Stock institutional ownership is 2.60% while insider ownership includes 10.50%. MagneGas Corporation (NASDAQ:MNGA) distance from 50-day simple moving average (SMA50) is 6.36%.
http://www.benchmarkmonitor.com/top-wall-street-stories-chimerix-nasdaqcmrx-india-globalization-capital-inc-nysemktigc-hc2-holdings-nysemkthchc-rewalk-robotics-ltd-nasdaqrwlk-magnegas-corporation-nasdaqmnga/1836961/
Oh .....MNGA gets a little better...i almost though MNGA is qualifying for 500mil$ for clean energy...but i was wrong .
MagneGas Corporation (NASDAQ:MNGA) received a fuel purchase order from one of the largest gas companies in Mexico. The purchaser will test MagneGas2 in the Mexican market as a replacement to acetylene and if it receives favorable feedback from the test, they have indicated an interest in distributing and manufacturing MagneGas2 fuel for the Mexican market through a license agreement. The fuel for the test has already shipped and the test is expected to occur in the coming weeks.
MagneGas Corporation (NASDAQ:MNGA) on Tuesday closed at $1.13. Stock institutional ownership is 2.60% while insider ownership includes 10.50%. MagneGas Corporation (NASDAQ:MNGA) distance from 50-day simple moving average (SMA50) is 6.36%.
But when i read it 50% is true...so i don't think i will hold any shares of MNGA
nope ....i think they talk about SA common on MNGA company ...i have nothing to do with it
i looked like a scam ....that why i sold it ...no holding back
i sold it @2.4$... i got in 96 cents