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.
June 13, 2014
Good Afternoon, Investors!
On Tuesday, June 10, Investors Unite hosted a panel discussion titled "Solutions For U.S. Housing Policy," for Members of Congress' staff and other interested parties. Featured panelists included, Tim Pagliara, Executive Director of Investors Unite, Josh Rosner, bestselling author of Reckless Endangerment, and one of the nation's foremost housing experts, Eva Clayton, former U.S. Rep., (D-NC); Ike Brannon, the President of Capital Policy Analytics; and, Gary Kalmanis, Executive Vice President and the Director of Federal Policy at the Center for Responsible Lending. Each touched on the role of Fannie and Freddie in preserving the American dream of homeownership.
Featured panelist Josh Rosner gave a presentation focused on the best to approach housing reform and the potential consequences of unsound housing reform. As part of his presentation, Rosner critiqued the recent efforts in Congress to reform Fannie Mae and Freddie Mac.
A replay of the event can be found here. Provided below is a list of the media coverage surrounding Tuesday's event as well as a letter to the editor from Ron Murphee, an investor from Tennessee. These and other relevant news items can be found at www.investorsunite.org/headlines.
Have a great weekend.
Investors Unite
info@investorsunite.org
Fax: 1-703-890-2461
Phone: 866-288-3537 _________________________________________________________________________
Investors In the News:
Seeking Alpha: Fannie Mae Has Adequate Capital To Be Released From Conservatorship
*David Sims, Investors Unite member and shareholder
Inside Mortgage Finance: More Calls to Preserve Fannie and Freddie Instead of Killing Them
Value Walk: Fannie, Freddie Saved By Tax-Free Mortgage Savings Account?
The Daily Caller: Fannie and Freddie Raking In 'Tens Of Billions' Of Dollars
National Mortgage Professional: GSE Reform and CFPB Transparency Take Center Stage on Capitol Hill
Housing Wire: CFPB, housing take center stage in Congress
Housing Wire: Fix the GSEs, don't end them, Rosner says at Investors Unite
Knoxville News Sentinel: Treasury Trampling Investors' Rights
* Ron Murphee, Investors Unite member and shareholder
The Columbus Dispatch: Home Ownership
*Marian Harris, Investors Unite member and shareholder
_________________________________________________________________________
Other News Highlights:
Bloomberg: To Fix or Not to Fix Fannie Mae and Freddie Mac
Housing Wire: Home of Cards? Politics drives housing in weird ways
Los Angeles Times: Economic worries still dragging down housing market, Fannie Mae says
American Banker: Pawlenty on the Best and Worst of Bank Regulation
P.O. Box 2591
Brentwood, TN 37024
Opt Out
Fannie Mae has adequate capital to be released from conservatorship. - SA
Need to have the guts to buy that low. It's not easy. That kind of post may give confidence to many longs. Just IMO.
At $2 six months back. Closing above $3 used to be a difficult task at that time . Now ? at above $4.
United States: FHFA Seeks Input On Fannie Mae And Freddie Mac Guarantee Fees
1 Reason to Be Happy About Fannie Mae and Freddie Mac's Big About-Face -- Whether You're a Shareholder or Not
1 Reason to Be Happy About Fannie Mae and Freddie Mac's Big About-Face -- Whether You're a Shareholder or Not
http://www.fool.com/investing/general/2014/06/12/1-reason-to-be-happy-about-fannie-mae-and-freddie.aspx
You told $2, but it's still at $4.44.
Thank you Cmdr.
Fannie Mae and Freddie Mac: Then and Now
http://www.fool.com/investing/general/2014/06/11/fannie-mae-and-freddie-mac-then-and-now.aspx
Honest appraisal - Tim Howard 717
http://timhoward717.com
The following was filed in the Fairholme lawsuit. I have attached a pdf. There is a tremendous amount to analyze here. I will add to this post within the hour.
https://timhoward717.files.wordpress.com/2014/06/61014plaintiffs_-response-to-defendant_s-motion-for-protective-order-2.pdf
Plaintiffs's response - Tim Howard 717
http://timhoward717.com
Inside Fannie Mae and Freddie Mac’s Billion-Dollar Machine
Often relegated to the pile of "financial blackboxes" among investors, Fannie Mae (NASDAQOTCBB: FNMA ) and Freddie Mac (NASDAQOTCBB: FMCC ) are incredibly profitable. But new changes coming down the pipeline could lead to even fatter bottom lines.
http://www.fool.com/investing/general/2014/06/10/inside-fannie-mae-and-freddie-macs-billion-dollar.aspx
When the Federal Reserve talks about buying mortgage-backed securities (or MBS), it’s referring to the To-Be-Announced market (usually referred to as the TBA market). The TBA market allows loan originators to take individual loans and turn them into a homogeneous product that can be traded. TBAs settle once a month, and Fannie Mae loans are put into Fannie Mae securities. TBAs are broken out by coupon rate and settlement date. In the chart below, we’re looking at the Fannie Mae 4% coupon for June delivery.
marketrealist.com
Why Fannie Mae securities held up in a bond market sell-off
http://marketrealist.com/2014/06/fannie-mae-securities-held-bond-market-sell/
Fairholme lawsuit order/ big things brewing. - Tim Howard 717
http://timhoward717.com/2014/06/10/fairholme-lawsuit-order-big-things-brewing/
Is 0.20s coming ????
Thanks for the update.
Is 0.20s coming ??
Level II, Bid 4.61 and Ask 4.63.
timhoward717 on June 8, at 10:58 pm
I understand that Fairholme is now also joined in with the Perry injunction but to keep the two cases separate in discussions I will refer to the Perry case as the Perry Injunctiion. Perry was the one who originally filed this complaint. The distinction between these two cases is great because as I said in the Perry injunction case they are going for injunctive relief and now a summary judgment. These are no easy tasks. In the Fairholme lawsuit, they are taking the full blown trial route.
http://timhoward717.com/2014/06/08/legal-clarity/#comments
timhoward717 on June 8, 2014 at 10:31 pm
I have no knowledge of Judge Lamberth being reassigned. I doubt they would switch Judges at this point. If they did that would be huge news. The rescheduling of the hearing is not a big deal.
http://timhoward717.com/2014/06/08/legal-clarity/#comments
Because they are not as smart as along4zride. LOL .
Every week a new update with FNMA. Very interesting weeks ahead. Just IMO .
Thanks Rocco . Same to you .
Joint status report regarding proposed briefing schedule. - Tim Howard
http://timhoward717.com
The order in your post dated 8/15/2013 is First : Ackman, Second: Icahn, Third: WB.
DT your order of mentioning in your post is First Ackman, Second Icahn and Third WB. I think the news is also coming like that ?? In January Ackman News that he is long. Now Carl Icahn News that he is long. Next WB ?? news that he is long ?? . Just IMO. Thanks.
You are wonderful DT . Thanks.
IMO after hours and before Hours( before 9.30 a.m) trading telling some big guy buying FNMA . We know who's that after few days. Just IMHO .
If what ever maxxm said is even possible then the directors of the company might not be in hurry selling their shares at or above $1 few months back. . Just IMHO .
P.S: I am long here.
This means some one big is accumulating FNMA . Just IMO .
Is 0.20s possible before $2.00 ???
Very good observation. Thanks.
Is 0.20s possible then ??
Is 0.20s possible this time ??
$4.70 ?
He might have entered after seeing the winning odds are in favor of share holders. Just IMHO.