Nothing wrong with being a vulture.
Followers | 21 |
Posts | 775 |
Boards Moderated | 0 |
Alias Born | 01/27/2012 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
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.
Headline: Fannie Mae’s rebound means taxpayers have been repaid in full
http://investorsunite.org/discussion/topic/fannie-maes-rebound-means-taxpayers-have-been-repaid-in-full/
Obama’s speech on housing could move shares of Fannie, Freddie
http://investorsunite.org/discussion/topic/obamas-speech-on-housing-could-move-shares-of-fannie-freddie/
WSJ: Fannie and Freddie will help first time homebuyers in 2015
http://investorsunite.org/discussion/topic/wsjfive-things-to-watch-in-housing-in-2015/
The bailouts have been highly profitable for taxpayers
http://investorsunite.org/discussion/topic/bailout-highly-profitable-for-taxpayers-when-you-look-at-the-right-numbers/
That's going to add another $7.7 billion to profits for the year...
http://investorsunite.org/discussion/topic/royal-bank-of-scotland-group-plc-nyserbs-slides-on-reports-of-higher-fines/
I recently connected with a few dozen employees on LinkedIn. The ones that responded to my messages said that they could not say anything and thanked me for my interest.
One guy did say that he didn't think the employees still owned much stock.
I think a lot of them see themselves as federal employees now.
Why did Treasury and FHFA allow Fannie and Freddie to trade on the NYSE from Sept 2008 to Jun 2010 if they planned a shareholder wipe out? http://bit.ly/1tkD2Aa
Why did @USTreasury + @FHFA allow $FNMA + $FMCC to trade on @nyse from Sep08 to Jun10 if they planned a wipe out? http://t.co/p4EbY4uds5
— AccoFi (@AccoFi_com) December 31, 2014
Freddie Mac And Fannie Mae – Will The Investors Win?
http://investorsunite.org/discussion/topic/freddie-mac-and-fannie-mae-will-the-investors-win/
Big bids on IMPHP today. 20,000 share volume around $5 and 10,000 shares more at the bid. That's $150,000
IMPHO has moderate volume, but is significantly cheaper.
Des Moines court case could change Freddie, Fannie investor makeup
http://investorsunite.org/discussion/topic/des-moines-court-case-could-change-freddie-fannie-investor-makeup-see-more-at/
$FNMA $FMCC $FNMAS $FMCKJ
The GSEs Under Siege
http://investorsunite.org/discussion/topic/the-gses-under-siege/
Fannie Mae’s & Freddie Mac’s Shareholders Take the Offensive Approach
http://investorsunite.org/discussion/topic/fannie-maes-freddie-macs-shareholders-take-the-offensive-approach/
Click the links and share. Tweet with tags $FNMA and $FMCC
This Des Moines court case may change the Freddie, Fannie investor sweep
U.S. District judge will rule whether Continental Western Insurance has standing
http://investorsunite.org/discussion/topic/this-des-moines-court-case-may-change-the-freddie-fannie-investor-sweep/
fnma fmcc
“The increase in risk for all the major government agencies over the past two years is cause for concern,” said Stephen Oliner, co-director of AEI’s International Center on Housing Risk. “This is especially true for FHA loans, which would experience a tidal wave of defaults if we have another severe financial crisis.”
http://investorsunite.org/discussion/topic/new-home-sales-fall-for-second-straight-month-despite-increased-risk/
$FNMA $FMCC
Fannie Mae said to settle on new headquarters at 555 12th Street
http://investorsunite.org/discussion/topic/fannie-mae-said-to-settle-on-new-headquarters-at-555-12th-street/
$FNMA $FMCC
Please leave a comment on this article. The comments are currently pretty uninformed. Additionally, adding comments should improve visibility on facebook and drive more Iowa investors to IU.
Investors Unite is getting lots of media attention in Iowa
http://investorsunite.org/discussion/topic/restoring-the-nations-rule-of-law-could-start-with-iowa-case/
$FNMA $FMCC
“These are the equivalent of storm troopers marching in and throwing their weight around and telling lies about it afterward,” he said. “The lawsuit is an effort to make these people accountable that has not been available through the political system.”
NYT Fresh Doubt Over the Bailout of A.I.G.
By GRETCHEN MORGENSON
http://investorsunite.org/discussion/topic/fresh-doubt-over-the-bailout-of-a-i-g/
Radio interviews are happening several times a week now. Check the resources tab at InvestorsUnite.org and you will see some.
I think they are probably doing this with short notice and don't know what questions they might be asked by the program hosts. It could be very good or very bad.
Anyway, we are making good progress on attaining new members and this is one method to reach the crowd that is offline.
This guy is real smart.
Please click the link to watch the video that goes with it. If 30 people click, the writer gets a peanut butter and jelly sandwich.
http://seekingalpha.com/article/2766985-fannie-and-freddie-everyone-says-read-the-statute
Anyone hear Tim Pagliara on the radio in Iowa?
http://investorsunite.org/discussion/topic/tim-pagliara-on-iowas-michelson-in-the-morning/
Let us know.
Do The Hustle...
Here comes Q end and the quiet period.
Not only that. He helped write HERA.
“The guy who helped write the law letting the government take over Fannie Mae and Freddie Mac thinks that the government’s permanent takeover is illegal.” - Matt Levine
http://investorsunite.org/discussion/topic/the-guy-who-helped-write-hera/
Anyone else get the impression that the 8K filing is an attempt by the company to keep people from selling at year-end to book tax losses?
I think they did the same thing last year with the homeadvisor.com news that didn't pan out.
Please share the links. IU needs traffic.
http://investorsunite.org/discussion/topic/iowa-court-room-video/
There are social media buttons on that forum now. That should help.
IU has about 10% of the total shareholder population as members. That means there are about 15,000 to 17,000 others out there that need to be reached.
Iowa Court Room Video and Notes
http://investorsunite.org/discussion/topic/iowa-court-room-video/
$FNMA $FMCC
I embed the video on my tumblr blog.
http://simsonfinance.tumblr.com/post/105436815514/iowa-court-proceedings-fnma-fmcc
Fannie Mae, Freddie Mac to lose market share to private capital: CBO
WASHINGTON Tue Dec 16, 2014 5:02pm EST
(Reuters) - America's government-controlled mortgage finance giants, Fannie Mae and Freddie Mac, will likely guarantee a shrinking share of new loans over the next decade, congressional analysts said on Tuesday.
During the 2007-09 financial crisis, it was almost impossible for home buyers to get a loan without a government guarantee, and Fannie Mae and Freddie Mac stepped into the breach, backing roughly 60 percent of new mortgages between 2008 and 2013.
But a mix of recent increases in fees charged by the two firms and a renewed willingness to lend by private sources of capital will help shrink Fannie Mae and Freddie Mac's share to about 40 percent by 2024, the Congressional Budget Office said in a report.
The two firms do not loan directly but rather buy loans which they then resell in bundles. They substantially hiked the fees they charge to guarantee mortgages in 2011 and 2012, reducing their advantage over private-sector firms.
Their market share is already shrinking, falling to about 50 percent of new mortgages in the first half of 2014, the CBO said, citing data from Inside Mortgage Finance.
The CBO also examined several scenarios for reforming the U.S. mortgage finance landscape, including replacing Fannie Mae and Freddie Mac with a government entity or eliminating them entirely.
But because the CBO thinks the private market would likely price fees similarly to Fannie Mae and Freddie Mac, the congressional analysts thought none of the scenarios would have a big impact on the federal budget.
http://www.reuters.com/article/2014/12/16/us-usa-housing-cbo-idUSKBN0JU2KI20141216
DeMarco Redefined GSE ‘Failure’ and ‘Conservatorship’
BY DAVID FIDERER
DEC 16, 2014 1:12pm ET
In his speech at the Richmond Fed last May, Edward DeMarco declared these truths to be self-evident: “Restoring Fannie Mae and Freddie Mac is not the solution. They failed and their business model failed. Going backwards to an obviously failed model cannot be dressed up with some promise of higher capital or explicit rather than implicit guarantees.”
http://investorsunite.org/discussion/topic/demarco-redefined-gse-failure-and-conservatorship/
$FNMA $FMCC
FHFA’s new regulation on HTF allocations starts today
http://investorsunite.org/discussion/topic/fhfas-new-regulation-on-htf-allocations-starts-today/
Still waiting on news from Iowa
I've seen those posts too and I think they don't understand. I wasn't sure what you meant and that is why I posted that.
The DTA will now sit on the balance sheet as an asset until it is used.
This does mean something big though. It means the companies are going to be tremendously profitable.
Recent $FNMA and $FMCC Headlines
FHFA's Affordable Housing Decision Sparks Strong Reactions
http://investorsunite.org/discussion/topic/fhfas-affordable-housing-decision-sparks-strong-reactions/
A Home of One’s Own
http://investorsunite.org/discussion/topic/a-home-of-ones-own/
What Happened in the Last Economic Slump the Government Didn’t Try to Fix
http://investorsunite.org/discussion/topic/what-happened-in-the-last-economic-slump-the-government-didnt-try-to-fix/
Why areas with good jobs have hard-to-afford homes
http://investorsunite.org/discussion/topic/why-areas-with-good-jobs-have-hard-to-afford-homes/
Fannie Mae Announces Three Percent Downpayment Option for First-Time Homebuyers
http://investorsunite.org/discussion/topic/fannie-mae-announces-three-percent-downpayment-option-for-first-time-homebuyers/
Low down on new low down conventional loans
http://investorsunite.org/discussion/topic/low-down-on-new-low-down-conventional-loans/
Mortgages with a 3% Downpayment: Are Fannie, Freddie Creating a New Bubble?
http://investorsunite.org/discussion/topic/mortgages-with-a-3-downpayment-are-fannie-freddie-creating-a-new-bubble-read/
OUR OPINION: Congress sets stage for revisiting 2008
http://investorsunite.org/discussion/topic/our-opinion-congress-sets-stage-for-revisiting-2008/
Government Is Easing The Flow Of Housing Credit
http://investorsunite.org/discussion/topic/government-is-easing-the-flow-of-housing-credit/
Director Watt Begins To Exercise His Administrative Authority
http://investorsunite.org/discussion/topic/director-watt-begins-to-exercise-his-administrative-authority/
My explanation in a video.
Don't mean any offense, but there is nothing new to report on the DTAs.
http://simsonfinance.tumblr.com/post/104704754959/accounting-for-deferred-income-taxes-and-equity
These DTAs will sit on the books until the company recognizes enough earnings to use them.
What We’re Hearing: Does Impac Have Money for a Big M&A Deal? / Ocwen Catches the Eye of Treasury / A 480 FICO Score Lender? / How Fannie and Freddie Really Feel About Nonbanks
By Paul Muolo
pmuolo@imfpubs.com
Impac Mortgage Holdings made news Friday morning after disclosing in a new SEC filing that the company is in talks to buy a “leading mortgage originator.” One competitor to Impac was scratching his head on the news. “I didn’t think they had any money,” he told IMFnews. The publicly traded nonbank posted a small loss in the third quarter but strong revenue growth. Through the first nine months of 2014, it has lost $4.1 million. For now, Impac isn’t saying who this takeover target might be. The phrase “leading” hints that it should be a top 30 lender, right? Stay tuned…
Pinto is one of the leading proponents of the idea that minorities created the financial crisis through risky lending by Fannie Mae and Freddie Mac. We used to hear this narrative daily.
"CAUSALITY PROPONENTS
Two people often cited as proponents of the notion that Fannie and Freddie caused the crisis are Peter Wallison and Edward Pinto. Both are fellows at the American Enterprise Institute, a Washington think tank. Wallison was a Republican member of the Financial Crisis Inquiry Commission who wrote a 98-page dissent to the panel’s final report in 2011"
http://www.bloombergview.com/articles/2012-01-19/financial-crisis-narrative-flunks-reality-check-jonathan-weil
Pinto's views on the CRA.
http://www.city-journal.org/2009/19_4_snd-cra.html
CRA did not push the banks to create fraud.
Ed Pinto just spoke about the increase in non-white home ownership during the '60s and attributed this to increased wealth among non-white groups. I think he might have this backwards.
Fannie Mae was privatized during the 60s, which may have increased access to home ownership for people of color. This helped lead to increased wealth.
He also referred to black people as "negros."
http://investorsunite.org/discussion/topic/the-federal-housing-administration-from-1934-to-1938-lessons-for-wealth-buildin/#post-3291
https://www.aei.org/events/federal-housing-administration-1934-1938-lessons-wealth-building/?utm_source=event&utm_medium=paramount&utm_campaign=pinto
AEI Webcast starts at 12:15 pm
http://investorsunite.org/discussion/topic/the-federal-housing-administration-from-1934-to-1938-lessons-for-wealth-buildin/
Ed Pinto opens the event.
If this was a 10K or 10Q filing, I would be more concerned.