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2.75 as been attain..
2.70 up on the way to 3.
16 M volume in 1st hr. could see 2.75 by end of day.
The whole market is down, could be the cauze of the FMCC selling, profit taking.
Lots of selling going on making the up move slow...
Back in at 2.24, lets see what happen here on...
Buys and sales are just about even...
Keep on chasing FNMA, don't stop FMCCC...
Some accumulation going, time to move up again...
Found something - the board is defaulting to USOTC vice OTCBB, check that out...
Why I am seeing the FMCC quote on this board,anyone knows?
The U.S. government is seeking about $6 billion from J.P. Morgan Chase & Co. (JPM) over the bank's sale of mortgage-backed securities to government-backed mortgage companies shortly before the financial crisis, the Financial Times reported Tuesday on its website, citing people familiar with the discussions.
http://www.ft.com/home/uk
Glad I pick some up this am...
Meet me at the post, FMCC is going down! Making me sick...
Stockman, I do not agree with what he said,I have 15k here. He is just doing what the rest of the Gov is planning to do...
If it wasn't for Pres Obama, there would be no FnF for trading?
Obama to back mortgage finance reform to speed housing recovery!!!
As anyone seen this and any comments???
http://www.cnbc.com/id/100940818?__source=xfinity|mod&ticket=ST-24-XKgXtZ90lp4kszZg6pODylfnyxEu5EkKyon-20&rememberMe=null
If this volume continues, we will see $2 by week end.
The Presiden said this today about FNMA/FMCC: "And I'm also acting on my own to cut red tape for responsible families who want to get a mortgage, but the bank's saying no. We'll work with both parties to turn the page on Fannie Mae and Freddie Mac and build a housing finance system that's rock-solid for future generations. So we've got more work to do to strengthen homeownership in this country".
http://www.washingtonpost.com/politics/full-text-of-president-obamas-remarks-on-the-economy-at-knox-college-as-prepared-for-delivery/2013/07/24/fd580f6a-f47f-11e2-a2f1-a7acf9bd5d3a_story_4.html
Ok,thanks.
Market close at 12:00 noon today?
Read mailer today, is this another scam. How did it get to 5.75?
Ging to the beach, hope FNMA close above $4......
Could not sell, back to a penny today; what dud..
WASHINGTON MUT INC (ESC968)
Cash
125,000.000
$0.001
N/A
02/08/2013 04:00 PM ET
$125.00
$125.00
I have a USAA a/c and is showing the same $1.00 value per share. Got to be glitch!!
Got that mailing today and looking o pick up some.
All the best Fsshon...
USAA as done the same.
I did not received a Return envelope from USSA nor Pershing brokerage. Howerve, I call their corporate action div and was given an addressed to mail the ballot to which was to their Corporate Action Div and not to KCC. Mailed last night, cost me $4.25 ea, but was confirm deliver for Monday with signature receipt.
Please check with your Brokerage before mailing!!!
Not very good instructions, a total mess!
Thanks; Got mine this afternoon, I will mail to the return address on the white sheet of paper that have my mailing address, cusip#, account # and quantity.
Please note also, the bottom portion "do not mail" tear that portion off.
Did you receive reply envelopes within your pacage, or was there a return address provided?
Thanks:
That is the same FAX number I was given, USAA seems to be on track?
USAA Info: I was informed the documents went out from their brokerage dept yesterday. I was told to fax the response to; 1-800 292-8177 attn; Corporate Action, and then mail the completed form in.
Second that Jest...
Thanks for that info, I was going to call USAA tomorrow. Still I will call CUNA brokage through Marine Federal CU tomorrow. Everyone got to be pro active with this limited info from the courts?
After all these yrs, i like this statement: "The reorganized debtor is going to be well-capitalized, and we think there's now a chance for shareholders to receive real recovery" hope it work out well/..,
Got $27.xx for over 600000 shares, lost a bungle...
I received a small check last week, was wondering where it came from. Now I know; same court house in Philadelphia. I sold all my shares last Dec and filed for worthless shares.
Fannie, Freddie to charge higher mortgage fees
RALEIGH, North Carolina — Fannie Mae and Freddie Mac, the country's two largest mortgage finance providers, are expected to gradually increase the fees they charge lenders in the next year, their federal regulator said on Monday.
The "guarantee fees" that the two government-owned companies charge would be increased in order to lessen the companies' long-term exposure to risk, said Edward DeMarco, acting director of the Federal Housing Finance Agency.
http://xfinity.comcast.net/articles/finance/20110919/BUSINESS-US-USA-HOUSING-FHFA/