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"It is there in Google boards (the entire msg). Chk out there"
Thanks, I read the message "When Fear Challenges Your Logic " on google board. Nothing objectionable in the msg.
Mankind72, Thanks.
"Reply to 10 days ago comments LOL !!"
Michael is asking for any further updates.
"Good point. "
Guido2,
Most probably MM may be involved in many of these initiatives as COS at WH.
We have to look at his initiatives when he was a lawmaker to get insight in to what is going to be WH plan.
It looks like UST/SM may not have overriding say in this matter.
https://www.housingwire.com/articles/43747-end-of-conservatorship-trump-administration-proposes-privatizing-fannie-mae-freddie-mac
End of conservatorship? Trump administration proposes privatizing Fannie Mae, Freddie Mac
Government reveals plan to reshape country’s housing finance system
June 21, 2018 Ben Lane
“What’s interesting about this proposal, in addition to what it contains obviously, is where it came from. The proposal came straight from the Office of Budget and Management, not the Department of the Treasury.”
"Probably what you should worry about is not the "secret" plan but if these clowns have a plan at all. The quickest and simplest plan would be to undo what they did. Stop the NWS and end the conservatorship. But no, the government wants to take the mole hill and have the public think it was Mt. Everest; making itself look like it has really saved the world. And all three branches of government are involved in this charade. "
jog49,
There were secret conspiracies hatched to to sink FnF and rob their profits and handover their business to wall street crooks.
But definitely WS crooks have been trying to make it look like very complex task and drag it on for ever. If Gov reverses all wrong doings by Bush-Hank and Obama-Tim team and it can be very simple.
The most simple plan would to end conservatorship, reset SPS to 0, dispose of warrants, continue SPS credit line and let FnF work on cpaitalization task over a period of time.
"you're starting pre-capital raise at 9B shares with warrant dilution alone. therefore, your estimates appear to include some incorrect assumptions, but your 10 figure might be right, but i am estimating that people doing an ipo want to make a lot of money, and the percentage of the business they want will dilute existing equity
"
LOL, Still you are not getting it. There will be no quick or drastic changes. That means everything happens incrementally over a period time. Anything that affects markets adversely will be avoided.
So there will be no attempts to raise massive capital or no massive dilution. That is why there is a baseline measure to raise capital through retained earnings and the capital requirements (may be in the range of 1% to 2% along with SPS credit line) will be set based on recent stress test.
You better buy CS if you want to make more money.
"SIFI... or... 6 more months for recast cap requirements? "
YG,
FnF are Gov creations for Gov public policy purposes. If Gov puts FnF under SIFI then it is like Gov handcuffing itself to prevent using FnF for public policy purposes. Why would any Gov wants to do it?
You are living in alternate world to even to think of this. If Gov wanted to impose SIFI status on FnF it would have done during Ob's lawless administration.
"Contact the President: "
Vancmile,
Thanks for short but meaningful msg to Trump.