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.
That's right...keep your eyes on the ball
You talking about FHA, no me, and the question is very, very simple: Where did you read that de FHFA as a conservator has the responsability to protect the rights of sharholders? Please post it because then we would have to rethink the whole thing.
Gl
Are you talking about FHA or the FHFA? If it's about the latter, you should asking yourself what sense have the legal actions taken by Perry Capital, Fairholmes, etc. against the Govt. due to sweeping the rights of the Shareholders? Can you post where did you read, that one of the responsibilities of the FHFA within the
c-ship is to protect the rights of shareholdres? Maybe you have confused the terms taxpayer and Shareholders. The conservatorship action is one of the most sweeping government interventions in private financial markets in decades.
Gl
Do you believe DeMarco is detached from politics? What's the FHFA? A private institution?
For sure the fate of the GSEs can't be taken unilaterally by any director of the FHFA. The Housing is a major U.S. industries, any erroneous decision could be a social, economical and political debacle, not only the end of the American dream and the middle class. I assure you that this responsibility has not been left in the hands of a single official and that anyone who takes this position, should follow regulations and governmental oversight. FnF will be released from c-ship at some point. Best if doing by someone loyal to Obama's administration. That is their political gain...
Gl
Agree
Gooo FnF!!
No politician is good for FnF. DeMarco has never made ??statements in favor of the shareholders. Watt or another... nobody know. The news suggest that progress has been made to reach a consensus about the future of the GSEs, which isn't more evident, until net zero will reached. In fact for the first time Senators, Economist and Lawyers have spoken in favor of FnF. If Watt acts in the Obama's interests like Holder and DOJ against bank corruption, and Judge Wilkins stopping maneuvers to delay the lawsuits, and in turn review all related cases against the Govt. for violations of the constitution .... YES, I prefer to Watt instead of DeMarco
gl.
GoooFnF!
They will not be able to do that ... FnF are indispensable in the Housing.
Do you mean that the FHFA, is an organization to support sharholders?. Ha
Gl
In 2007 the whole plot was hatched in a weekend. On Monday, the stock fell precipitously. The same can happen in reverse now. You've to have steel's balls and stomach to play this gamble. Gl
GoooFnF!
Myrow added that Republicans might favor DeMarco because he’s “clearly interested” in winding down Fannie and Freddie, which taxpayers have spent billions of dollars on shoring up.
That's why I favor Watt or any other candidate with another tendency.
Gl
The Fed-Induced Stock Market Bubble Continues
President Obama recently commented that the next Fed chairman needs to be more Main Street friendly. It seems to me that this commitment will not be jelling under Janet Yellen as Fed chief.
The housing bubble has popped, but is re-inflating. The stock market bubble has yet to pop despite the ValuEngine valuation warning.
Here's how to make Fed policy more Main Street friendly: Raise the federal funds rate to 3% and stop both QE3 and QE4.
Instead of QE3 and QE4 the Federal Reserve should implement a community bank credit facility to set a 30-year fixed rate mortgage at 4% and set a small business line of credit at 6%. Funds would be funneled to regional and community banks with assets between $10 billion and $100 billion. Mortgages should be plain vanilla pass-throughs with the small business loans similarly structured. Securitization of pools of these loans should be structured using the government backed Ginnie Mae program. Instead of the QE's these securities could be purchased by the Federal Reserve.
http://www.thestreet.com/story/12091368/2/the-fed-induced-stock-market-bubble-continues.html
Nov. 1, 2013, 1:02 a.m. EDT
Top Traded Stocks in Focus - FNMA, FMCC and AAMRQ
http://www.marketwatch.com/story/top-traded-stocks-in-focus-fnma-fmcc-and-aamrq-2013-11-01
Why Republicans like housing regulator Ed DeMarco
http://blogs.marketwatch.com/capitolreport/2013/10/31/why-republicans-like-housing-regulator-ed-demarco/
For FNMA yes, you're right. But Fannie and Freddie will be together until death do they part. The c-ship imply a bailout for the GSEs, not for each institution separately. Jointly, FnF owe 41.5B. If FMCC use DTA is very possible they can reach net zero on the next Q3. If not we'll got to wait till Q4.
Gl Veteran
Don't forget the hearing about lawsuits of all the related cases, next Nov.12, in the Court of Appeals.
Gl
This is a great news, coming from Reid's associate. Hopefully Senator really responds about these topics.
Gl
Agree. It looks really good. I also feel good even on dips because I haven't sold and I've very good average at this point. This is just the beginning imo.
Gl
Something remarkable to pointing: FNMA sues banks no FHFA.....interesting!!
Nobody wants to wait for the results of a judicial process of this type, at least not me, it can take years with unpredictable results and the money stuck.
Gl
Just and only if they use FMCC DTA this Q3
gl
If FMCC use it's DTA is very posible. Combined they need 41.5B to reach net zero.
Gl
Nothing compared with what the Bankdits and WS are doing
Goooo FnF
Same thing hapen during the last two days after 4:00 pm and the next days it opened at that price. Maybe an error but very well planned, imo.
Let's see tomorrow
Gl
Ohhh i Thought was a joke... But yes you are right. What could that mean??
God protect us...what a hek with this guys????
Gl
never know with this guys.....these date are the ones that appear in TDA
Gl
FMCC.....11/5
FNMA.....11/7
Agree! climbing safe and steady
GooooFnF!
Post your T/A experience is an act of great generosity, as it's to post a good DD. Thanks to all who have this laudable attitude with the desire to help, without ulterior motives or eagerness to manipulate.
And yes, buy in FnF dip ha!
GooooooooFnF!!
could be the move of your live....gl
goooooooo FnF'
adds 18k bought in the morning!! Tomorrow wouldn't surprise me to see 3 + pps.
Gl
Paulson, Warren, Congress.....Watt?
Our dream it's closer than we think? Incredibles news today
)
GoooooooFnF!!!!
When was that?
No more resemblance to May...look like a uptrend
GoooooooFnF!!
He's an old shorty as everyone knows
GooooooFnF!!!
Applause for Reid!!!
Please...What did he say?
Gl
No if it run as before, there were many gaps unfilled and the price continued to rise, until was plummeted....by the MMs
Gl
I'm not in the list either, but for sure in this train with it's ups and downs till the end of the railroad....cheeerrss!!!
GooooooFnF!!!
Well, it's still alike to the previous run or not? Lol
Gl
Witout volumen this stock is for shorters!