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He should have nice things to say. He once owned 9% of Freddie Mac and sold it for almost $3 billion profit, and that was before the year 2000!
Basically what he said before. 100 percent tax, nothing earth shattering, but good points. Maybe Seeking Alpha didn't agree to post until tomorrow, but he was giving a teaser? not sure? Did anyone else see it here? Or am I hallucinating? :)
He's a little bit mysterious too, but it seems that Bradford wrote it. :)
Sorry BG, it disappeared. :) When he first posted it, I tapped on the whole article. It looked good though!!!
He gave the whole article a few posts back. :). hee hee.
I was laughing, because I thought you were joking, but being from Colorado, I remember that in the news last year. Oh, yikes, that's funny!!!
Not Fnf, some that correlate, seem to have an effect.
Options expire tomorrow, bump up after that.
Good strategy, contrary to our anti-gse shareholder friends. :)
I figure since he invested half a billion bucks in Fannie, Freddie, he must know what he's doing. :)
Right, not even a judge assigned?
Good! I could deal with that! :) Maybe the Sohn conference will bring in some more hedgies.
someone says Lew on CNBC?
Thursday will be a busy day, senate banking hearing and housebanking hearing too!
Must be some wheeling and dealing going on!
In case you missed the live video this morning, here's a link. GSE discussion begins 1 hour in.
http://livestream.com/FSRoundtable/HousingBloom
@BlockTradeAlert: BLOCK TRADE (Microcap): $FNMAS 500,000 shares @ $4.63 [13:11:42]
@BlockTradeAlert: BLOCK TRADE (Microcap): $FNMAS 500,000 shares @ $4.65 [13:11:36]
@BlockTradeAlert: BLOCK TRADE (Microcap): $FMCKJ 250,000 shares @ $4.60 [13:01:37]
H.R. 1265, the Bureau Advisory Commission Transparency Act
Sponsor: Rep. Sean Duffy (R-WI)
Brings greater transparency and accountability to the CFPB by subjecting it to the Federal Advisory Committee Act. Only three agencies are exempted by statute from open meeting provisions in the Federal Advisory Committee Act – the CIA, the Office of the Director of National Intelligence and the Federal Reserve. The CFPB is not involved in intelligence collection, covert operations, or the formation of monetary policy, so there is no reason that it cannot hold its committee and subcommittee meetings in public. This bill passed the committee by voice vote during the 113th Congress.
13-Apr-15 A communication from the Assistant General Counsel, General Law, Ethics, and Regulation, Department of the Treasury, transmitting, pursuant to law, two (2) reports relative to vacancies in the Department of the Treasury, received in the Office of the President of the Senate on March 19, 2015; to the Committee on Banking, Housing, and Urban Affairs.
@FSRoundtable: We will be taking questions from our Twitter followers for the Q+A after the 1st panel. Submit them using the hashtag #HousingBloom
https://twitter.com/fsroundtable/status/587956662775877632
Anybody have any updates on what Stegman is saying this morning?
On Monday, April 20, Secretary Lew will preside over an executive session of the Financial Stability Oversight Council (Council) via telephone. The preliminary agenda consists of a discussion of the Council’s draft 2015 annual report.*
Carney never favors shareholders.
I plan on it!!!!!
I have no pride. I will attend any toast!!! :)
The U.S. Housing Market: Ready to Bloom; Ripe for Reform?
The Financial Services Roundtable, its Housing Policy Council and CoreLogic invite you to two panel discussions on the current state of the nation’s housing market and the prospects for housing finance reform. Speakers include:
Ready to Bloom (State of the Housing Market):
Frank Notaft, Chief Economist at CoreLogic
Nela Richardson, Chief Economist at Redfin
David Crowe, Chief Economist at the National Association of Homebuilders
Ripe for Reform? (Housing Finance Reform):
Michael Stegman, Counselor to the Secretary for Housing Finance Policy at the U.S. Treasury
Peter Carroll, Executive Vice President for Mortgage Policy and Counter Party Relations at Quicken Loans
Laurie Goodman, Director of the Housing Finance Policy Center at the Urban Institute
This event will take place on Tuesday, April 14 at the offices of the Financial Services Roundtable at 600 13th Street NW, Suite 400, Washington, DC 20005. Breakfast will be served at 8:00 AM and the program will begin at 8:30 AM.
We hope you can join us for the discussion!
Grassley's letter went out April 7th. Shorts have how many days to cover? :) Tick, Tock, Tick, Tock
Tuesday, April 14
9:30 AM EDT
Counselor to the Treasury Secretary for Housing Finance Policy Dr. Michael Stegman
Panel Discussion on “The U.S. Housing Market: Ready to Bloom; Ripe for Reform?” hosted by the Financial Services Roundtable
Financial Services Roundtable
13th Street NW
Washington, DC
This event is open press. For additional information, please visit: http://fsroundtable.org/events/
Hearing entitled “Examining Regulatory Burdens on Non-Depository Financial Institutions”
Wednesday, April 15, 2015 1:00 PM in 2175 Rayburn HOB
Financial Institutions and Consumer Credit
Click here for the Committee Memorandum
Witness List
Mr. Justin G. Friedman, Director, Federal Government Affairs, American Financial Services Association
Ms. Diane Evans, Vice President, Land Title Guarantee Company, on behalf of the American Land Title Company
Mr. Dennis Shaul, Chief Executive Officer, Community Financial Services Association
Ms. Paulina McGrath, President, Republic State Mortgage, on behalf of the Community Mortgage Lenders of America
Ms. Mitria Wilson, Vice President, Government Affairs and Senior Counsel, Center for Responsible Lending
Back to work, 2 week vacation over :)
Hearing entitled “The Future of Housing in America: Increasing Private Sector Participation in Affordable Housing”
Thursday, April 16, 2015 9:15 AM in 2175 Rayburn HOB
Housing and Insurance
x
Hey Sogo!
I'm not sure what to expect, especially these days!! I'll tune in for a while Thursday, and see what they have to say. I'd prefer Lew before congress answering our questions!
REGULATORY BURDENS TO OBTAINING MORTGAGE CREDIT
Thursday, April 16, 2015
10:00 AM - 12:00 PM
538 Dirksen Senate Office Building
The COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION to conduct a hearing entitled, “Regulatory Burdens to Obtaining Mortgage Credit.” The witnesses will be: Mr. Tom Woods, President, Custom Woods Homes, and Chairman, National Association of Home Builders; Mr. Chris Polychron, Executive Broker, First Choice Realty, and President, National Association of Realtors; Mr. J. David Motley, President, Colonial Savings, on behalf of the Mortgage Bankers Association. Additional witnesses may be announced at a later date.
All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.
Add To My Calendar (vCal)
Witnesses
Opening Remarks
Mr. Tom Woods
President
Custom Woods Homes
Mr. Chris Polychron
Executive Broker
First Choice Realty
Mr. J. David Motley
President
Colonial Savings
Ms. Julia Gordon
Director of Housing Finance and Policy
Center for American Progress
2015 Hearings
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2015
April 16th Regulatory Burdens to Obtaining Mortgage Credit
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 25th FSOC Accountability: Nonbank Designations
538 Dirksen Senate Office Building
2:00 PM - 4:00 PM
March 24th Capital Formation and Reducing Small Business Burdens
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
March 24th Examining the Regulatory Regime for Regional Banks
538 Dirksen Senate Office Building