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.
Totally agree. If Watt didn't push so hard to support pet policies he wouldn't have shown a spotlight on their financial stability and profits. He basically is forcing republicans to counter and in turn we should benefit greatly. Jmo but FHFA made a big tactical mistake diverting funds of any kind.
Unless they feel the sweep is going to be reversed or that the party is ending through the court system.
Better steel what they can, while they can philosophy.
Investors unite
January 28, 2015
We had more interest than we anticipated, so we have a new number for tomorrow’s teleconference to accommodate more lines.Please use the following number to join Thursday’s 9:15am call. Dial:In: 866-952-1907; Conference ID: HERA
Fannie And Freddie: Congressional Republicans Are Signaling Compromise On GSE Reformhttp://seekingalpha.com/article/2855016-fannie-and-freddie-congressional-republicans-are-signaling-compromise-on-gse-reform?ifp=0
You nailed it. I hope the positive press takes over the airwaves my friend
Same to you Beta. All joking aside, the court will eventually receive that letter when all is said and done. Nothing that hasn't been done countless times in the past. At one point it was my duty to read and determine the credible threats. This one would be a love note . A non fictitious one I might add.
KIDDING q
Ex parte aside, I sent Margaret a kindly worded letter detailing appreciation for her scrupulous attention to the rule of law and her UN wavering quest for justice. Hey, everyone appreciates an attagirl once in a while. Judicial pragmatism was an important part of my job description back in the day.
2015? 324.99
Death to non coverers
FNMA FMCC aligning like the stars again risky. Back to .10 difference in preparation...... Multi week mac attack right?
Cato institute is no joke. A bit more repretable than our WSJ friends. Tx 9
I love you M.Sweeney HOLLA!
It's only 11:30 . WHOH lots of time
Here's to a long and happy retirement
BOOOOOOOOOOOM !!!
The part about blaming bush I feel is unfair. Our problem is the sweep amendment (obama) refusal to recapitalize (obama) and zero exit strategy or apparent willingness to end Cship (Obama)
Our problem isn't Bush putting FNMA into Cship it's Obama's refusal to take us out so let's not get blurred by political ideologies.
Part of Tim Howard's quote today:
"As I have stated all along our goal is to ensure that the truth is not lost in this great debate. We are not for or against one party or the other we are for those who speak the truth, and we are against those who do not, it is that simple."
Now that's funny
Having a hard time reading through all of the great headlined articles about the hearing yesterday. One after the next after the next. Crooked press
It is unbelievable nothing has stuck so far when you think back to the long line of scandals and overwhelming evidence of corruption. Shocking really and his lame duck years just started. We can already see how that's going to go. He's a crook
Our supportive press hard at work again. No headline quotes of "FNMA safe and sound" or something similar. The biased press chirp chirp chirping away in silence.
Congress must decide: allow obama to use FNMA as a trust fund for two more years or recapitalize and release them.
It's becoming more clear to them judging by the numerous capitalization questions.
The affordable housing contribution could end up slapping watt square in the face.
I would also add that when we did meet with Lynn Westmerland R-GA staffer she looked at us and actually said that hey would not sponsor any type of release or sweep adjustments because it would make reform that much harder.
She went on to add "Not to mention the fact FNMA is propping up our budgets right now."
Can you believe that one! A private company is propping up the U.S budget and yet their office wants to enact the 5 year wind down. Then what?
3 pot coffee day
I think he realizes that. His gestures and stammering tell me he knows and either chooses to ignore this or his hands are tied by a higher power. He basically dares/begs congress to save him.
The dems pretty much praised watt for re contributing to the trust fund and lowering LTV access to credit along with a few nice comments about 38 bil overpayment.
Repubs respectfully IMO questioned the financial soundness of FNMA to do so and watts responsibility and reasoning in making those decisions when you look at the. COMPLETE LACK OF CAPITAL lol
Watt deferred and ducked almost all relevant questions concerning conservatorship release and ANY TYPE of recapitalization plan
Yes sir
Why in CSHIP acknowledged!
Hinojosa
Bottom line
Someday OUT OF CSHIP acknowledged
Shot of whisky break lol
FNMA STABLE acknowledged
38 bil overpayment acknowledged
Ummm yeahhh um wellllll right. We umm
That was amazingly contradictory and I cannot believe no one asked about being undercapitalized. Are they ignoring that fact or what? Seems like common sense and it pisses me off it keeps getting glossed over. Someone better hammer it
When did I mention stock price?
Watt testimony, Fairholme conference call, STATUS CONFERENCE, HERA paper (law intent) coming out. Etc etc etc
Negative. Not yet anyway