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Guys judge Ginsburg whom named in the ruling yesterday "Tweets going around claiming he was on a kill GSE organization, how can he rule on this case, this ruling if confirmed should be revoked.
Loved this interview
Just tweeted this
@BeckyQuick @stevenmnuchin1 holds z key to prevent a haunting "precidence" taking shareholders equity, court ruling yesterday. #fanniegate
Mnuchin on CNBC tomorrow 7AM eastern.. "huge interview", according to the host..
Will be up bright and early to watch it
What are you talking about. Look at the charts, see when the pps rise started. That case was basically dismissed, an the court just gave it live again. Be smart, analyze carefully. Unless you are short then you don't care what we say here.
Agreed, the price rise from 1.65 to 5 was due to Trump being elected, Mnuchin statement, Ichan picked as special advisor etc...had nothing to do with any court case... share price was in free fall before that.
Go fnf, don't let them steal your shares
From tweet by nsfraudster " Fannie Mae and Freddie Mac shareholders my advice to convert all P shares to C shares.
P shares only see value on liquidation of FNF."
Don't know if this true.
I am long common
Today's opinion by the court basically, keeps the case going, Remand it back to the lower court, so the plaintiff now has a chance to present his side, move forward with discovery, and get his day in court...as to prior to today's ruling, the plaintiffs case was basically dismissed.. at least it's not a case closed scenario.
I am not a lawyer, and hove zero law experience, but that's how I see it.
why 18% drop
It's not easy holding this stock... you just have to have a stronger grip.
New with the Remand, we get to use the newly released documents
While today's appeals court ruling most likely means Fannie Mae (OTCQB:FNMA -29.2%) and Freddie Mac (OTCQB:FMCC -31.3%) shareholders aren't going to get satisfaction in the court system, there's still Treasury Secretary Steven Mnuchin and his desire for changes at the GSEs, says Bank of America's Ralph Axel.
It's unclear what Mnuchin means when he says that, but it's possible he's talking about the net worth sweep.
The timeline for Mnuchin dealing with this is unclear, but Axel suspects sooner rather than later.
Source: Bloomberg
Wish I had more powder... smart money still buying, fnf art it.
IMHO
Not for long, they will go back to their holes soon
We need Obit to chime in
Not selling any of my shares, I am losing faith in the court system however I do not lose faith in Fannie Freddy, these two companies have been dealt very bad deals, have worked very well under stress, have lived and performed above their Charter and are the main reason we have a good strong real estate market.
This new Administration wants a 4% GDP they need the real estate economy to be very strong, in other words they need Fannie and Freddy, they will make the correct moves that keeps Fannie and Freddie strong, the new treasury secretary already said he will remove government control and that's coming sooner or later and we will prevail.
I remain long and strong go fnf
It's a Remand... should be going up
Sounds like a Johnny come lately short
These is no plans for this company to dissolve, at least not in my life time.
Not sure how serious you are with your questions, please don't expect us to do your DD.
Looks like you are short and working hard to infuse fear... this board is very well educated with this stock.
We have the golden ticket, fnf is the best there is.
Go fnf long and strong.
There has been no payments yet, he still has a chance to do stop the payments..
I say he will put a stop to it, he has lots of reasons to... however,
Another thought, he may want the courts to make the Obama Administration look bad, show how fraudulent they were.. he may let this play out in the courts with out objecting to the release of documents Obama administration kept hidden, before he acts...
Time wi tell.
Go fnf long and strong, don't plan on selling this stock, it's my retirement funds.
I say Buy Buy Buy
And can go up to 4.50, does anyone have crystal ball?
This administration will stop the theft.
Love it, the tide keeps improving
Nice early action today
MNUCHIN needs PAUSE the NWS as first step before he ends the NWS
We like fannies. ... this is freddie
Thanks for the reply, I am in
Nice move today. Any news?
Go IFON
The sun will rise on fnf, finally
I say NWS will be first move he makes.... as early as Friday
Sould pass that in am
You are right, he will give us our billions,
This is America, no matter how long it takes we will see justice. However I see the end of this saga soon.
Go fnf, long and strong
DAVID Fiderer, just tweeted this, Cooper to stay on GSE case,
"Chuck Cooper, the conservative Supreme Court litigator, is withdrawing his name from consideration to be the next solicitor general, opening the door for the husband of Trump adviser Kellyanne Conway to be appointed to the role,” Politico reports."
Vice President Mike Pence has hired Mark Calabria, a libertarian advocate of free markets, as his chief economist, according to a Pence spokesman.
Where is the volume today....
May be Realtors, Bankers aren't screaming now, but the status quo cannot remain, if it does Fannie Freddie will need another draw and without another draw everyone be screaming, I mean everyone will be screaming, not just the Realtors and bankers, but homeowners, those homeowners are not willing to lose 25% of their home value, without the 30 year mortgage in place every homeowner losses, so don't come here and tell us that status quo is fine, it's not fine and guess what, the new treasury secretary will put an end to this crap and Fannie and Freddie will be released sooner than later.
And if you can't see the writing on the wall, to bad, us longs do see it and are very happy to see an end to this, go Fannie and Freddie, go long stay strong.
Yes yes let go
Would be great if President Trump, ends the NWS today, with an executive order. Noon is the time
Go fnf Long and strong
What's with the low volume today! Anything brewing