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Thanks for the magic eraser! Lol. Yeah, my stupid tablet was hanging up and I could not tell if the first hit on the post button worked, so ended up with those darn duplicate posts sorry.
Agree with that. JPS must be getting worried. The more that capital goes up,... You know the drill. I have 10k FNMAS and my itch to sell is incredible. Bought at $1.60 because it was just a pure under value play for me. Now it's up by like 180%. Wondering if I should hold though because it's just 4.45 and if Trump starts pressing the GSE issue along with all the other administrative state issues, I think JPS could very possibly get to 1/2 of par. So FNMAS is a $25 par, and if half is $12-$13, then I'm only approx 1/3rd there at 4.45. There was also the class suit which specified pay out for the Fannie prefs, which was another reason I bought. Did not think they'd be up this much this soon, so I'm wondering now.
I own way more FMCC and FNMA shares
Folks better be careful with this price bump right after this SOTU. Always remeber the muddy mucks who watch this to take advatage of the lemmings who jump on days like today because they think they'll miss the next 0.5 cent increase, only to get burned a few days later when those Bass-terds dump.
I don't think the JB spin about housing in his speech escaped the notice of DT or all the R's on the banking committee. They will definitely undo all this socialist mandate stuff Sandra T is doing and I am betting they get his releassed, so as to no longer give Dems keys to a cookie jar. Dt regrets he could not get release done, and I bet why find out why that was so if he is eleccted again. Certain stuff he can not talk about as a former Pres, but once elected he can call out lots.
Exactly Monk. This boad is a bit nicer, more discussion. It seems it's less poltically monitored also🤞
Wow! Otting is involved with Mnuchin? These guys are all one big good ole boys circle jerk club
She's an idiot. if it were not for her and her own parties policies, there would be no housing crisis. EVERY crisis is now owned by the current DC crowd. Inflation crisis, housing crisis, Israel, Iran, Palestinian crisis, Ukraine crisis, and many constitutional crisis's that they keep trying to makr DURING an election. I understand why their motto is "do not let a good crisis go to waste" thanks Rham E.!!!. create a dumpster fire, throw gas on it, if you piss off too many, create a different dumpster fire to deflect, and throw gas on it, repeat as necessary until liberal nirvana sets in.
Thanks for the info relay Navy.
Bradford spreading more lies, misinformation on FNMA. Saying the SOTU speech will be on housing because it is the most important voting issue....WRONG. The Border and Inflation beat that issue silly. If inflation were under control, housing would not be as bad an issue. Spening billions upon billions on illegals who have immigrated does nothing for inflation or housing, it worsens it. Is their next step free housing housing for Illegals and for debt forgiven college grads? That could very well be what the SOTU will address because it is tied to getting (aka buying) more votes? We are going no where until Trump gets in. He will move the needle, I have no doubt. Those here that are T.D.S anti Trump should sell this and move on. Pretty ludicrous and hypocritical to invest in this and then bash Trump to no end. He did more to help this than the other administrations that had a chance. Think of what he could have done without the constant persecution he had to contend with!
oops FNMAS.
What cused FNAMS to pop almost 0.19 cents? I own some, but don't understand that that popping and then bothe FNMA and FMCC barely budged. Totally manipulted by bigger players ia the only way I see things. Glad Trump won at SCOTUS today. Now we know which stated to really watch for cheating, lol
Agree! vote buying at it's finest. Ever notice lately, There were zero programs hardly being hyped, but the closer the election gets the more "special programs" from those blue states.
More give aways at FMCC! Check out in the article what California is doing.....AMAZING! Considering there is a state 70+ billion deficit.
https://www.foxbusiness.com/personal-finance/freddie-mac-credit-down-payment-assistance?dicbo=v4-NGzcMYl-1088916728
That's an awesome proverb Trunk 👍️
What do you think they'll do with the credit scores of all those loan forgiven people??? You wanna bet it never gets posted to their FICO, Experian, or any other credit agency?
DEI mortgage assistance coming to a GSE near you soon. The closer it gets to election and numb nuts losing, the more underhanded nonsense will be dictated by the current FHFA commandant. The order will be put out to all the agency places like FHFA, that anything goes! If they smell losing on the horizon, they are going scorched earth, which is exactly what they accused and were afraid of DT doing.
Give this group of FHFA clowns enough time and they'll figure out a DEI credit score system. Never mind your ability to pay.
flaming poo would be suitable for this kangaroo court judge.
It's him and his ego, and his court room conduction of trials to fit his views, by influencing jurors and outcomes. Im sure there's reasons for his being threatened. That doesn't just happen out of the blue. He's been a bad judge who has gotten worse. I strongly believe he is telling the SCOTUS to kiss his rear on this judgement for us. His ego got bruised severely. This is why he's influenced, botched one hearing, chopped down our lawyers, cut the reward, and now taking forever to finalize, all because he was massively butt hurt by having this kick back to him to ajudge correctly. The guy obviously is a megalomaniac who can not stand being told he's wrong, so he does his best to muddy muck things up even more. His threats are most likely well desrved if he handled other cases this way.
Manufactured homes....otherwise known as tornado pinatas.
Oh yeah, I bet it's a ploy. gives him lots of leeway to foreverr avoid making a judgemnet or doing his job. Lamberth should wakey, wakey, he's pissing off many with his totalitarian rulings and influencing his court room proceedings to fit his own type of justice.
Whoa! Royce Lamberth being threatened. Lol
https://www.newsmax.com/newsfront/judges-trump-caase/2024/02/29/id/1155394/
Are the JPS holders starting to realize we shareholders are all fighting the same war? The money hemorrhage that is the FHFA slowly bleeding into the hands of favored government lackeys, yet they say they are preserving and conserving. The GSE's have never been the problem. ALWAYS it's the government. The longer the GSE"s are held hostage, the deeper the cesspool of leeches tied to GSE money, the harder it is for the DC establishment to release freely. We need to smash there BS talk about capital risk and other false narrative that they sing about in the press and social sites.
Exactly! waste. this person is nothing more than a place holder, like most government jobs. Obviously knows someone in the FHFA since the pay is outrageous. Robert from Yahoo and I both posted when Sandra Thompson got in, death by 1,000 cuts. The GSE's are no way disrtessed! when we are funding FHFA rediculous head count and salaries like this.
They're deathly affraid of giving shareholders their vote back! As soon as they release and have to reinstate shareholders rights, many hired into the GSE's by the government mob will get turned on to the streets by shareholders. If this runs, the float will get bought up quick and many who own are dead set against the government and what they did. Governments only hope is to sell a controling amount of shares to a lackey, like Buffett, who will do their bidding. If government keeps a controlling stake, this never gets to the capital they keep saying is needed, which is an also lie. No one wants the government as a partner, they've seen and experienced the results. This is why I think nothing gets done, it's a catch22 SNAFU. There are swamp rats galore at FHFA and at the GSE's now, probably from both parties, so they keep the status quoe. Hoping Trump does a little pay back from his past experience with hs administration. If he does, we have a stronger future.
Saw Navy's post on FNMA about FHFA hiring more extra high paid clowns to be part of their BIG TOP of theft. It's beyond maddening the money they are throwing at family, friends, political besties, etc All at the expense of shareholders - and Congress sits with thumbs inplanted in their rears.
Where are the upgrades based on a Biden re-election or even doing anything now? yeah, that's right, not going to happen. Where's Bradford and his pose of ID's to refute this? No one with any intelligence is talking about Biden touching the GSE's. THere are enough dumpster fires, we definitely do not need this to be one. Quite a few in the media are calling this a Trump trade....What exactly are they calling a Biden trade? Weapons stocks maybe, but not much else.
I think Lamberth is either ....A. Totally pissed off because this got kicked back at him, so he's taking his sweet azz time. or B. the government is trying very hard to come to terms with what Lamberth is supposed to do, and they have not figured out a way yet so this ruling won't help or affect other cases.
Yes, Sternis bald and Donotunderstand seemed to be getting away with far more radical political posts than the rest of us here and on FNMA. I read the Fannie board occasionally because I can not post there, and it looked like Donot got banged to one post day, which really surprised me! Also, Bradford and a few others seem to have disappeared??? There are lurkers of the FNMA board pushing an agenda and they will file complaints against you if you go against their political ideology. Lots are like that, they can not substantiate their rhetoric with debate, so they back stab you or try to shout you down on a message board, lol
Of course it will take off....If the right guy is elected. When you have energy independence, low inflation and hundreds of billions not flying out the door supporting numerous wars - You can build a cap load of housing.
Congrats Joey! Good luck sticking with that TOS and other speech supressing guidelines.
There's someone whose panties are in a bunch about me in the admin here, so I doubt I'd be able to get a moderator position. I also am not able to see how no one can talk political ramifications pertaining to the GSE's. "Government sponsored" is in the name, and also is who took us over illegally, so it's pretty dumb to say you can't discuss that same government. Are there biased people? of course, politics run vein deep now a days, but not allowing folks to opinionate by censoring is far more dangerous than allowing the discussions,
I hope it advances and they win!
Great to know there's tons of money in the FHFA budget so she can go ring bells.
I don't believe a real number like that is possible until Wallstreet and any prospective invetors see that government is completely out of the company, and that means new BOD, etc. The government has had time to plant their people, we know this, and it will take time to wash that out.
I do think Akman's numbers are possible, but I would add to those numbers since they were developed around a much different situation years ago. He said $23-47 awhile back (correct?). WIth the current capital and growth of their business, market growth etc...I'd say $35-65 would be a doable range wthin a a couple years of release.
Larger share value and probably dividends will not be in the picture when they are first released unless the news is really major, and that would include government removing their grimy paws completely. Government being involved directly in the companies decisions AFTER release will be detrimental to every shareholders value, except theirs, of course, if they keep some seniors as I think they will...maybe by another share class name🤔.
good read. thanks
They also need to ask why The GSE's keep suffering from capital depletion while the FHFA from 2008 having approx 200- 300 employees is now in 2024 approx. 750 to 1,000 currently?
Also, being with out super critical capital, and all the government pleebs always bellly aching about how under capitalized the GSE's are, how is it they have money to fund free housing programs and other programs with basis point meddling? CRT's? Why are they being held liable to pay suit damages brought about directly because of bad\poor government policy, and current pooor management of conservatorship? Buffet or Ackman could throw a group of probabaly 20-30 people together, that I have no doubt, would remove\release us from conservatorship in 3-4 months, IF government stayed out of the way.
Many tough and hard questions need asking for sure, but we have no bulldog people in the media anymore. Media has become almost useless to the common person.
lamberth taking cues from Sweeny. Tomorrow even if both sides are magically in agreement, he will....kick, clang, clang, clang...that can
hee ya go! Treasury looking at non bank mortgage lenders as being high risk. Yellen is probably angling to put them under the FHFA, because that will be a money source for the FHFA if the GSE's get released. Maybe she might reommend throwing a few of these guys like quicken into a NWS conservatorship??? lol Running out of other peoples money is not a problem....Yet.
https://news.yahoo.com/finance/news/yellen-eyes-nonbank-mortgage-lenders-161904261.html
she's been too busy tracking gun purchases, GSE's is not on her list. Let's hope it stays that way. We need much smarter, less corrupt leadership on everything GSE.
First order of business when the first proxy is sent allowing shareholders their vote, all should write in "FIRE THE BOD"
On Newsmax there is an article saying many are eager to serve (serve again) in another DT administration. The article mentions Mnuchin, and it says he's endorsed DT...🤨😠
On Newsmax there is an article saying many are eager to serve (serve again) in another DT administration. The article mentions Mnuchin, and it says he's endorsed DT...🤨😠