removed FNMA
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
And their paper value for each share is 0.00001. It means with 0.0001 pps it is 10 times costlier than its paper value. So, the company will not loose money even if it is traded under $1 after RS. The company is safe at any pps at retail shareholders' cost.
Dear goodyboy, I have millions of shares. If it turns out positive, I will be the happiest person in the world. But with my small experience with stock trading, I am pretty much certain that this will not come back as we, the investors, want it to.
Please let me know what you did mean by PP.
The 2.5 B shares they sold to the investor is an eye wash or scam. The investor shares the same room with the CEO. Check it.
The letter of intent is another scam. They announce the same kind of LOI for IRIS merger. Many people in this board tried to reach IRIS. No one had even a reply from that company.
This LOI for medical device manufacturing is another scam. According to SEC filing, which I even dont believe, the company worth around $900,000. A NDA (New drug application) to FDA requires $1 million.
These are all true facts. I am holding my shares becoz if I sell it I have to count 90% loss.
Happy Trading.
We will see how many people pay $2 for this crap after the RS.
We are not trading with post RS price. Only time will tell. Only one year ago it was trading with 1 cent. Now trading with 1000 times cheaper. If there were no RS, we had chance to reach in 1c in near future. But imagine the price after RS would be. 1c is equivalent to 1000$ for this stock. Even 0.0035, which was the pps several months ago, is equivalent to $35.
Will you pay $35 for this????????
I think I have conveniently explained my point.
Thanks for your reply, Mick.
Member mark for you.
With this subpenny range STOA has a chance to come to penny level. But if the RS takes place, there is no way people would pay $1 for this crap. I can take everything done by those shady people behind it. But the RS, I absolutely do not understand the reason behind it. Probably they will sell and dilute much more shares after RS. This could be their only plan. At that point shareholders like me will be completely wiped out.
Even hell is not adequate for the CEO.
Blood bath!!!???
Sky is Falling!!!????
Sometimes I ponder why God needs to create hell, while He can easily accommodate all of us in heaven. The answer lies here. God created hell for this kind of shady people.
What a blatant scam!
Now they are changing the name of the company to play another game with innocent investors.
Thank you for those nice statements.
I have no other option left other than holding and see the upcoming circus shown by those chinese scammers.
This stock is a classic example of massive share dilution and penny stock scam. Now they are doing RS. They have already took my money and now they are taking my shares. Those Chinese cons should be in Jail. Of course, the pps will fall after the RS. It will be in penny level as soon as RS takes place. No hope for this crap, IMO.
I wont be surprised if they come up with another Letter of Intent next quarter and say this time they are thinking to merge with a dairy firm.
After reading the SEC filing, I understand that the whole company and the high profile CEO are nothing but Fraudsters. Soconison Ventures (the "Investor"), the company they sold 2.5 B shares, exhibits the same address with the CEO, Mr Wang. Even they share the same room....Is that an eye wash? See the link posted by mlsses
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9636665
They have come up with a new letter of intent to switch their business to medical device manufacturing. It will take thousand years for me to correlate between the ecommerce and the medical device manufacturing. Last time they put a letter of intent to merge with IRIS and diluted shares. This time they have done the same. Of course, they are misleading the shareholders. Should not be Mr. MIT grad CEO be in jail for this falsification?
Now they are doing reverse split. Who will pay $1 for this piece of crap?
I had lots of money in my account. After averaging down for several times, I have lots of shares in my account. After reverse split, I will have neither money nor shares in my account.
This is indeed very frustrating for me. I highly recommend anyone not to invest in this scam.
Happy TG to all.
Disclaimer: If it goes to north, I will be happier than anyone since I have millions of this piece of crap. But I highly doubt that happening ever. All IMO, not buy/sell recommendation.
Thanks.
Is that R/S rumor correct? Could anyone provide me any link that substantiate that R/S rumor? What would be the potential impact of R/S on pps? Will that cause significant shareholders' damage?
I am very confused with this ticker.
Holding my shares.
TIA
Happy TG.
$STOA
Nice accumulation. Probably we will see a handle forming in the weekly chart.
FNMA
Great job. Thank you Detearing.
Every single person of this list is smarter than Sen. Corker, Warner, Hensarling, Waterstone fund manager, and even our president, who wants to wind down the most profitable company of the nation.
Long live FnF.
Sitoa Global Announces Exclusive Letter of Intent With UC San Francisco, New Business Strategy and Corporate Restructuring
HONG KONG, CHINA--(Marketwired - Nov 25, 2013) - Sitoa Global Inc. ("Sitoa Global", or "the Company") (OTCQB: STOA) announced today that it entered into an exclusive letter of intent ("LOI") with the University of California, San Francisco ("UCSF") to negotiate an option agreement in regards to the exclusive global licensing of a medical stereotactic device (the "Device") which the Company believes has the potential to revolutionize the delivery of stem cells into the human brain and enhance the efficacy of a wide range of stem cell therapeutics. Beyond stem cells, the platform technology of the device can also enable the delivery of cellular therapeutics, gene therapies, and traditional drug infusions into the human brain.
The Stem Cell industry is one of the fastest growing and most compelling areas in medicine with numerous companies and research institutions spending hundreds of millions of dollars per year on the development of new therapies and devices. The Company believes that the Device could become the preferred tool for the deployment of stem cells into the human brain for any company or clinician conducting clinical trials and providing experimental treatment in this field. Therefore, the use of the Device could become analogous to the use of 'picks and shovels' during the historical gold rush and allow the Company to pursue such a picks-and-shovels business model and to participate in the growth of the Stem Cell industry as a provider of tools and resources.
The LOI with UCSF and the impending change in business strategy is expected to enable the Company to enter an exciting and high growth industry that is experiencing rapid growth and significant private and public funding opportunities. As a result, the Company is expected to undergo a corporate restructuring in order to enhance shareholder value, to dispose of all its e-commerce and software businesses, and to add industry-relevant expertise to the management team and board.
The Opportunity in the Stem Cell Market
There are numerous companies worldwide that are currently doing research with Regenerative Medicine and Stem Cell technologies. According to the VisionGain Stem Cell Industry Report 2012-2013, the estimated market size for regenerative medicine is $10.7 billion in 2017 ramping up to approx. $22 billion by 2020.
About The Device
Over 9 million patients in the United States suffer from a wide range of neurological disorders including Alzheimer's disease, Parkinson's disease, epilepsy, and multiple sclerosis. Promising stem cell therapies for these disorders are being developed, but most require direct delivery of such cell-based therapeutics to specific brain regions.
Currently available neurosurgical devices can deliver a straight, rigid needle to single brain locations. However, this basic strategy limits the size and "shape" of the brain treatment area. In order to deliver to larger and more complex brain targets, the surgeon needs to penetrate the brain multiple times with such straight needles, which may reduce the efficacy of stem cell therapeutics and increase the risk of bleeding and stroke.
The Device enables the radial deployment of a flexible delivery catheter to large and anatomically complex brain targets through a single initial brain penetration. Thus, the Device allows clinicians to "tailor" therapeutic stem cell delivery to individual patient anatomy and specific disease targets, which may enhance the efficacy of a wide range of stem cell therapies. This modern and "easy to use" platform technology allows "real-time" monitoring of therapeutic delivery under interventional MRI guidance (iMRI), which can improve the accuracy of cell delivery, reduce the risk of complications, and increase patient safety.
To date, the Device has been developed at UCSF with $1.8 million in funding from the California Institute for Regenerative Medicine (CIRM). This initial funding of basic research and development has alleviated much of the early risk associated with developing a new breakthrough technology. It is anticipated that this funding could allow the Device to file for US FDA 510(k) approval by the middle of 2014.
The California Institute for Regenerative Medicine was created by California's Proposition 71 in 2004, which authorized it to issue $3 billion in grants over ten years for embryonic stem cell and other biomedical research. It is believed to be the world's largest single backer of research in stem cells.
UCSF has a patent application filed and pending on the intellectual property of the Device.
About UCSF
The University of California, San Francisco (UCSF) is a leading university dedicated to promoting health worldwide through advanced biomedical research, graduate-level education in the life sciences and health professions, and excellence in patient care. UCSF is the nation's top public recipient of funding from the National Institutes of Health (NIH), in research and education in such areas as cancer, cardiovascular disease, diabetes, infectious diseases, neurology and stem cells. UCSF and each of its schools have ranked among the top four in NIH funding for more than a decade, reflecting the caliber of research and education being performed at the University.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the ability of the Company to consummate an option or license agreement with UCSF; the ability of the Company to successfully develop and commercialize the Device and execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.
UC Disclaimer
The information stated above was prepared by Sitoa Global, Inc., and reflects solely the opinion of the corporation. Nothing in this statement shall be construed to imply any support or endorsement of Sitoa Global, or any of its products, by The Regents of the University of California, its officers, agents and employees.
http://www.marketwired.com/press-release/sitoa-global-announces-exclusive-letter-intent-with-uc-san-francisco-new-business-strategy-otcqb-stoa-1855995.htm
Yes, my friend, you guessed it right. We had a 2c down opening today. But the axiom "HOD end predicts gap up next day and vice versa." did not work for FNMA for several occasions. Probably this is the premonition of getting uplisted to NYSE. :)
That is why I said anything could possible. IMO, I would prefer predicting it with Bayesian probability.
BTW, this was my prediction for today from yesterday. I was not very incorrect while I posted it. check it if u want.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94382267
Thank you for your post. Good luck to all longs.
FNMA
Excellent post.
Only patience will be rewarded.
$STOA
We will see a green day tomorrow with lower volume and end with pps $2.81 or above.
$5 is darn cheap with respect to the next year PPS.
FNMA
All IMO, Not buy/sell recommendation.
Why did it gap down on Friday, when it closed HOD at EOD on Thursday? Anything is possible, IMO. TY
FNMA
Thanks a lot for being so informative!
Same here....
We had a very good news. Nader is backing it up. Still it went down.
But certainly we had a very strong support around $2.71...This is another positive side on technical perspective.
Hope Monday will be green and hit $3.
Good luck to all longs.
FNMA
Don't get caught baby.
Nasty opening
Nasty end
...........
Time 15:29:21
Buy 125000
2.84
FNMA
It looks like either US Gov is dumb or I am reading it wrong.
Shorts' @$$ are bleeding...Will continue tomorrow.
FNMA
Greeeeeeeeeeeeeeeeeeeeennnnn.
Get on the train baby.
Need to break 2.74. This will confirm the green finish today.
FNMA
Thank you for this awesome post. Keep it up.
Following mark for you.
I live to fight another day
Someone, I guess, Obit.... posted the article before.
Very good read.
http://www.politico.com/magazine/story/2013/11/why-we-need-fannie-and-freddie-100122.html
Not tomorrow.
Get on the train BABY..FNMA train starting to go North.
Yes. I highly agree with the pennant formation you showed. ClayTrader also describe it few days ago before the breakout. I exactly followed his description in the video he posted. FNMA is holding the pattern. The last 2 red days were the correction and today we have seen the reversal. If this pattern holds, I expect that we are heading towards the breakout for $4 test.
Thank you for your time to post the chart and your views.
Trade safe.
FNMA
Lol..
Exactly..
When we earn $5.6 a share, we should not be concerned abt $3 as pps.
FNMA
No one can dump or shut down or wind down the companies with $5.2 trillions asset. No one can eliminate the most profitable company in the nation.
Even the President can't do it. Period.
For Immediate Release
We are a group of concerned taxpayers, students, families, shareholders and citizens who are dedicated to establishing fairness in America’s housing market. The combination of congressional and US Treasury pandering is poised to undermine homeownership, rip-off taxpayers, and gift billions of dollars to financial institutions. At stake is not only the future of mortgage giants Fannie Mae and Freddie Mac, but the real interests of American taxpayers, homeowners and stakeholders.
For the past five years, the US Treasury has imposed uniquely onerous terms on Fannie Mae and Freddie Mac in an effort to hollow them out. Now, the Senate Bill 563 calls for Fannie and Freddie's demise; only to replace them with an ill defined, untested insurance scheme, which places the large banks in control – leaving homeowners at risk and taxpayers on the hook for future catastrophic losses.
Before the advent of Fannie Mae in 1937, home loans were harder to get and more vulnerable to busts. Fannie Mae, and later Freddie Mac, made the home loan market more resilient by pooling risk and attracting a wide range of investors. They provided what banks could not: continuous access to affordable, 30 year fixed rate loans with no prepayment penalty. For almost five decades, they helped establish a culture of middle-class home ownership, which is regarded as a bedrock of American values. In other words, in the absence of Fannie Mae and Freddie Mac, the mortgage market would invariably be smaller, less liquid, and more volatile. (see this video for general stats, and this video for multifamily stats)
Those who seek to end Fannie and Freddie insist that the GSEs were the primary villains of the financial crisis. They argue that the government’s catastrophic guarantee is misplaced, and that our housing market would be much safer if placed solely in the hands of the big banks. Each of these contentions is mendacious.
Fannie and Freddie are commonly portrayed as the villains that perpetrated the 2008 financial crisis, when in reality they were the playing field. With the big banks in the skill positions, mortgage lenders on the line and politicians coaching from the sidelines, the real villains were the absence of credible rules and umpires to enforce them. The big banks and mortgage lenders didn’t have any skin in the game nor were they called out for illegal motion; they simply passed the sub-standard loans down the field. Eventually, these bad loans piled up as widespread defaults and catastrophic losses for Freddie and Fannie. Rather than blame each other for devastating record of losses, the key players and coaches direct their fingers down at the playing field demanding a new venue.
As structural support to our $15 trillion home loan market, a taxpayer backstop has proven to be critical. Absent this taxpayer promise, to step in during times of extreme crisis, untold trillions of dollars would never come to the housing market, mortgage rates would be far higher, our economy crippled and housing prices far lower.
The Senate Bill 563 proposes that we transfer the taxpayer backstop from Fannie and Freddie to the big banks. Once the plug is pulled on Fannie and Freddie, the valuable American mortgage market will be the private property of a few influential banks. The next time we have a housing crisis, the taxpayers will have no choice but to directly bail these big banks out. Under the Senate Bill 563, the big banks will do very well, even if homeowners and taxpayers don’t.
Big banks are not particularly well suited to protect the interest of taxpayers or homeowners. That is not their business. It is to maximize opportunities and to score profits. Those who contend that the big banks will suddenly become good stewards of our housing market ignore the fact that they have already settled billions in claims for defrauding Fannie and Freddie. Before handing over the nation’s house keys to the big banks, a brief review of the London Whale losses, the interest rate swap scandals and LIBOR manipulation scandal should give everyone pause.
By placing Fannie and Freddie into Conservatorship, the US Treasury has largely done the big bank’s bidding. Fannie and Freddie were charged double the rate big banks paid for borrowing taxpayer funds. When the big banks could not unload their toxic loans quickly enough, the Treasury prodded Fannie and Freddie to purchase these junk assets. Under the creative fallacy that real estate prices were never going to recover, the US Treasury forced a write down of Fannie and Freddie assets, doubling their total taxpayer debt to $188 Billion. As the financial tsunami retreated, the big banks were encouraged to pay back their debts to the taxpayers, hire lobbyists, support political candidates, and generally get on with business.
Not so Fannie Mae and Freddie Mac. These two entities are expressly prohibited by a US Treasury decree from repaying any of their debts or participating in any form of political lobbying or fundraising. The US Treasury has already collected $146 Billion from Fannie and Freddie and, by the first quarter of 2014, if not earlier, Fannie and Freddie are poised to return every penny they ever borrowed from fellow taxpayers. Yet, they remain uniquely trapped in the US Treasury's debtor's prison.
Profitable companies, such as Fannie and Freddie, are not typically hollowed out. Thanks to a revival of real estate prices and improved underwriting fees, Fannie and Freddie’s net income is expected to reach a whopping $110B this year, a record, which to put in perspective, is greater than the expected combined earnings of both Exxon and Apple. Yet, nothing will go to Fannie and Freddie shareholders, or build up Fannie and Freddie's capital base. Instead, based on the clandestine, August 2012, Treasury decree, all earnings are now funneled directly to Treasury’s general fund.
In stripping all cash out of Fannie and Freddie, taxpayers are being ripped off. When Fannie and Freddie were placed into conservatorship, the US treasury granted itself warrants for 79.9% of both Fannie and Freddie's common shares. These warrants represent payment to the taxpayer for backstopping Fannie and Freddie. Assuming that Fannie and Freddie are restored, rebuilt and return to their 2007 market valuation of $150 Billion, taxpayers would have a $120 Billion asset. Yet, thanks to the Treasury and the Senate Bill 563, US taxpayers lose all this value. The big banks get Fannie and Freddie’s franchise and invaluable government backstop, compliments of the American homeowners and taxpayers, absolutely free.
Should the big banks want a piece of a reformed and rebuilt Fannie and Freddie, let them buy it from the taxpayers at a fair market price, not be gifted to them on the cheap through Congressional lobbying and influence peddling at the US Treasury.
Rather than destroying Fannie Mae and Freddie Mac for the selfish interests of the few, they should be restored for the broad benefit of the great many. There are already a number of solid strategies developed by the GSEs. Other steps to achieving such basic fairness are straightforward. Designate all past and future payments from Fannie and Freddie to the US Treasury as repayment of debt to the American taxpayers; rebuild Fannie and Freddie's capital base by releasing them from conservatorship to allow them to accumulate private capital, enshrine responsible lending standards in their charters, and build value in Fannie Mae and Freddie Mac for American taxpayers, homeowners and stakeholders.
Sincerely,
Restore Fannie Mae
http://www.restorefanniemae.us/
PLEASE VOTE HERE TO SHOW YOUR SUPPORT!
https://oneclickpolitics.com/messages/edit?promo_id=622
For Immediate Release
We are a group of concerned taxpayers, students, families, shareholders and citizens who are dedicated to establishing fairness in America’s housing market. The combination of congressional and US Treasury pandering is poised to undermine homeownership, rip-off taxpayers, and gift billions of dollars to financial institutions. At stake is not only the future of mortgage giants Fannie Mae and Freddie Mac, but the real interests of American taxpayers, homeowners and stakeholders.
For the past five years, the US Treasury has imposed uniquely onerous terms on Fannie Mae and Freddie Mac in an effort to hollow them out. Now, the Senate Bill 563 calls for Fannie and Freddie's demise; only to replace them with an ill defined, untested insurance scheme, which places the large banks in control – leaving homeowners at risk and taxpayers on the hook for future catastrophic losses.
Before the advent of Fannie Mae in 1937, home loans were harder to get and more vulnerable to busts. Fannie Mae, and later Freddie Mac, made the home loan market more resilient by pooling risk and attracting a wide range of investors. They provided what banks could not: continuous access to affordable, 30 year fixed rate loans with no prepayment penalty. For almost five decades, they helped establish a culture of middle-class home ownership, which is regarded as a bedrock of American values. In other words, in the absence of Fannie Mae and Freddie Mac, the mortgage market would invariably be smaller, less liquid, and more volatile. (see this video for general stats, and this video for multifamily stats)
Those who seek to end Fannie and Freddie insist that the GSEs were the primary villains of the financial crisis. They argue that the government’s catastrophic guarantee is misplaced, and that our housing market would be much safer if placed solely in the hands of the big banks. Each of these contentions is mendacious.
Fannie and Freddie are commonly portrayed as the villains that perpetrated the 2008 financial crisis, when in reality they were the playing field. With the big banks in the skill positions, mortgage lenders on the line and politicians coaching from the sidelines, the real villains were the absence of credible rules and umpires to enforce them. The big banks and mortgage lenders didn’t have any skin in the game nor were they called out for illegal motion; they simply passed the sub-standard loans down the field. Eventually, these bad loans piled up as widespread defaults and catastrophic losses for Freddie and Fannie. Rather than blame each other for devastating record of losses, the key players and coaches direct their fingers down at the playing field demanding a new venue.
As structural support to our $15 trillion home loan market, a taxpayer backstop has proven to be critical. Absent this taxpayer promise, to step in during times of extreme crisis, untold trillions of dollars would never come to the housing market, mortgage rates would be far higher, our economy crippled and housing prices far lower.
The Senate Bill 563 proposes that we transfer the taxpayer backstop from Fannie and Freddie to the big banks. Once the plug is pulled on Fannie and Freddie, the valuable American mortgage market will be the private property of a few influential banks. The next time we have a housing crisis, the taxpayers will have no choice but to directly bail these big banks out. Under the Senate Bill 563, the big banks will do very well, even if homeowners and taxpayers don’t.
Big banks are not particularly well suited to protect the interest of taxpayers or homeowners. That is not their business. It is to maximize opportunities and to score profits. Those who contend that the big banks will suddenly become good stewards of our housing market ignore the fact that they have already settled billions in claims for defrauding Fannie and Freddie. Before handing over the nation’s house keys to the big banks, a brief review of the London Whale losses, the interest rate swap scandals and LIBOR manipulation scandal should give everyone pause.
By placing Fannie and Freddie into Conservatorship, the US Treasury has largely done the big bank’s bidding. Fannie and Freddie were charged double the rate big banks paid for borrowing taxpayer funds. When the big banks could not unload their toxic loans quickly enough, the Treasury prodded Fannie and Freddie to purchase these junk assets. Under the creative fallacy that real estate prices were never going to recover, the US Treasury forced a write down of Fannie and Freddie assets, doubling their total taxpayer debt to $188 Billion. As the financial tsunami retreated, the big banks were encouraged to pay back their debts to the taxpayers, hire lobbyists, support political candidates, and generally get on with business.
Not so Fannie Mae and Freddie Mac. These two entities are expressly prohibited by a US Treasury decree from repaying any of their debts or participating in any form of political lobbying or fundraising. The US Treasury has already collected $146 Billion from Fannie and Freddie and, by the first quarter of 2014, if not earlier, Fannie and Freddie are poised to return every penny they ever borrowed from fellow taxpayers. Yet, they remain uniquely trapped in the US Treasury's debtor's prison.
Profitable companies, such as Fannie and Freddie, are not typically hollowed out. Thanks to a revival of real estate prices and improved underwriting fees, Fannie and Freddie’s net income is expected to reach a whopping $110B this year, a record, which to put in perspective, is greater than the expected combined earnings of both Exxon and Apple. Yet, nothing will go to Fannie and Freddie shareholders, or build up Fannie and Freddie's capital base. Instead, based on the clandestine, August 2012, Treasury decree, all earnings are now funneled directly to Treasury’s general fund.
In stripping all cash out of Fannie and Freddie, taxpayers are being ripped off. When Fannie and Freddie were placed into conservatorship, the US treasury granted itself warrants for 79.9% of both Fannie and Freddie's common shares. These warrants represent payment to the taxpayer for backstopping Fannie and Freddie. Assuming that Fannie and Freddie are restored, rebuilt and return to their 2007 market valuation of $150 Billion, taxpayers would have a $120 Billion asset. Yet, thanks to the Treasury and the Senate Bill 563, US taxpayers lose all this value. The big banks get Fannie and Freddie’s franchise and invaluable government backstop, compliments of the American homeowners and taxpayers, absolutely free.
Should the big banks want a piece of a reformed and rebuilt Fannie and Freddie, let them buy it from the taxpayers at a fair market price, not be gifted to them on the cheap through Congressional lobbying and influence peddling at the US Treasury.
Rather than destroying Fannie Mae and Freddie Mac for the selfish interests of the few, they should be restored for the broad benefit of the great many. There are already a number of solid strategies developed by the GSEs. Other steps to achieving such basic fairness are straightforward. Designate all past and future payments from Fannie and Freddie to the US Treasury as repayment of debt to the American taxpayers; rebuild Fannie and Freddie's capital base by releasing them from conservatorship to allow them to accumulate private capital, enshrine responsible lending standards in their charters, and build value in Fannie Mae and Freddie Mac for American taxpayers, homeowners and stakeholders.
Sincerely,
Restore Fannie Mae
http://www.restorefanniemae.us/
PLEASE VOTE HERE TO SHOW YOUR SUPPORT!
https://oneclickpolitics.com/messages/edit?promo_id=622
The Dallas Morning News recently recognized Fannie Mae as one of its "Top 100 Places to Work 2013." More than 69,000 workers across Dallas participated in the survey, which asked them to rank companies based on leadership, direction, and loyalty. We are delighted that Fannie Mae finished in the top 25 in the Large Company category. You can read more on this story at: http://res.dallasnews.com/interactives/2013_Top100/
FNMA