Dec 7 Sandra does it... GB has got the inside info...

But, but but anyone care?

GSE R&R will be announced?

Get real

Don't see a change from 4.0% to 2.5% though

What happens December 7th, 2023? Pearl Harbor reenactment?

No. Date will be on final judgment.
No. It won't come into account. You will get a check.
No. You are automatically "in". Yet to be determined if holders are "known" and just go off of brokerage records (per the Ps request) or there would be forms mailed to you, then sent in, then analyzed (which takes a long while).

This is all post appeals.

Don't spend the money. It could be years away.

Happy trading

That should speed things up - by a lot!

"Pending appeals" though...

Sheesh from timeline into January and then 28 days to appeal and then appeal.

This is crazy. At least interest keeps building.

.50 on a $25 (a little light) but don't expect it for a year or two or three.

Yeah, me too - wondering if they will let Lamberth stew & review and then it will be announced.

Settlement? Always a chance?!

Navy or other - when does Pacer update?

Maybe after-hours?

FNMAT sure is and this is the one to pick

Look this is a done deal > You know this how?
there's no appeal > everyone expects there to be!
the government has no choice but release fnma fmcc > exactly, how is that?

Are these possible reasons why they have no choice?
a) lost a case (it is just a business expense per Q3 financials?
b) Biden broke?
c) The negotiator has Hunter Biden leverage?

Kthomp, oh Kthomp. How the F do you post replies to a dozen threads in split seconds? Are you a bot? Do you have multiple instances open (my guess), and then hit 'go' on all... weird, I'd say... oh well.

1. Coin - yes.
2. Too early? Sure - if appealled, then said buyer will get a bump and might sell 1/2
3. Great call on settlement? (which is it, then) Sure - FNMAS could go to $25 and it would be sad to have missed.

What is your ballpark on settlement on Friday. Sure seems to me that the govt.

1. FHFA - Asked for a delay on the verdict out of the box (signalling something in the works)
2. Lamberth grants a one-week delay, after giving them 1 week to come to a split of the damages. Even though F&F had some hard-and-fast estimates on each's losses per the damages and damages + interest for Fannie. They had it figured out a while ago. It ain't hard.
3. Lamberth grants a 3-day extension to Friday this week.

Multiple choice on "settlement" vs. simply giving SHs the gory details on damages + interest (i.e. R&R / LoA)
a. < 1% (not happening)
b. 10%
c. 25%
d. 50% or more

My vote is b. 10% chance.

Right it isn't Lamberth as it is the Ps & Ds

Working on some numbers together.

Maybe some love is in the air?!

Maybe MannSinger is correct. Working on R&R?!

Anybody got a better explanation?

Yes, but they don't announce it as it will come on Pacer probably

Might have to wait a day or two unless someone has an inside track to the lawyer or Katie Buehler or something.

Interest on the damage award (about 80 cents) on FNMAS

So, not the same thing

RR news will hit without warning - much like the NWS

It will come and you will say, "Hmmm. Yeah, I guess it was time"

Uh, yeah, it has been time.

Not 2021, not 11/08/23, a date TBD

But, but, but...

Hard enough to figure out the damages, but will be easy to see who gets the $ based on the ex-div. date of ????

TBD

Our negotiator is deluded by creating a fictional character

Would be nice if this character did exist.

Howard, Luluvan logic is spot on

Converting SPS might be illegal, Warrants would not be.

Much simpler all around

IPO buyers would have to deal with 99.5% of shares from govt., not 80%

This scenario is likeliest to me, too... and $14 would be nice, huh? Well, maybe not the expected $2,500 but still nice.

Thanks! One week more to Nov 14th for interest

Waiting game across the board on shares... zero volume on almost all JPS

14 days from 10/24 is 11/7

GB And, so what was beginning? The flipping, the day-trading. Not the waiting for something to happen... that has been going on a very long time.

Sheesh

No truer words ever spoken. The one with the gold makes the rules.

Hopefully, Biden's team is working on the narrative...

1. GSEs are reformed, with great leadership and oversight by Sandra and the FHFA
2. The risk of future tax-payer losses has gone away with strong capital and management, and the CBO says they will weather any future downturns
3. Releasing from conservatorship will allow them lower interest rates for the middle-class
4. Releasing from conservatorship will also allow the government to fund the government's budget needs for wartime aid for Ukraine and Israel and Affordable housing to the tune of $100B (CBO will give them a number)

Unfortunately, the 'number' may not hit the books immediately for Biden. Maybe they can do some creative work there!?

Talking politics? Probably not on this board... sorry about that

Clark - I get it both go up (can't go down, really)

I think JPS goes up more, though (15x on the cheap FMCCJ, etc.) and 10x on common ($7.50 for Fannie, not over $10 but I may be wrong on that).

But GB is wrong to think they won't go up and I continue to root for commons, as like you I own both!

Yes, if someone knew something, it would be screaming to $1 and above

Hoping for that occasion for commons and JPS will follow suit.

Let's go FNMA/FMCC then FNMAT!

Both cases, they know what the interest charges are

Just a matter of allocating it by security.

Oh, and the lawyers' fee percentage (gulp)

There was never a low ball offer for JPS

You are misremembering that.

Pretty much every option that has been discussed has a JPS conversion. Calabria, Moelis, etc., etc. It is a fast way to find $33B in capital.

Also, "turning back on" would be an out-date. Like another poster who said LoA with 2028 exit... they may say dividends back on in 2028 but the simplest and best way to raise capital would be a conversion.

CBO knows JPS needs to be dealt with, absolutely.

JPS look like zombies, the living-dead

And so it began says GB bwah-hah-hah

He knows jack-sh!t about anything beginning except looking at the stock PPS and commons do look like "they're alive"!

Love all the FMCC trades at .666 Good omen!

See Navy repost by Patswil Nov 7th after parties submit... maybe a few days or weeks later knowing Lamberth

fortuna favet fortibus

Great handle!

https://www.grammar-monster.com/Latin_terms/fortuna_favet_fortibus.htm

fortuna favet fortibus

Great handle!

https://www.grammar-monster.com/Latin_terms/fortuna_favet_fortibus.htm

Fortuna my kinda guy! Few posts but this gem bears repeating

You got snail-mail and you have various accounts! Good for you!

You had to do nothing... doing nothing keeps you in... you could have opted out... why?

So, when the time comes, you will get another form and you will fill in the share counts... ugh... like me many accounts and many shares.

Otherwise, maybe they will determine it for us... I sure hope so!

Sit back and as MoneyRobot would say, pop open a cola, and wait for the green-light on payment.

Welcome back!

It is simple interest

"5% over the discount rate equal to 1.63% + 5% = 6.63%"

What would the other number represent?

Your points are all well taken, but Biden/Yellen/Thompson etc. not doing anything that sniffs of release

The calls for release just keep bouncing off the receiving end.

Maybe the House Republicans can make more noise now that they are not rudderless and leaderless

We know McHenry knows the plight and issue and maybe he and others can get that bill rolling?!

10. NAR, and other trade groups pushing for release

Added one.

11. Former CEO Don Layton

Maybe that one too?!

Dark Lord GB says "And so it begins"
WTF that means or what he thinks he knows is almost laughable.
He has no inside scoop, but I do hope something is happening with the calls by some in the industry to release.
Seems like "Release from conservatorship" would allow for buying securities, and I do think that is the first step and one that would get the horse out of the barn.
Consent decree and then have some target dates.

They've had a plan since 2019 so it won't be difficult. Just dusty document that needs to be signed.

Whalen on "X" wonders if Biden could do it for budget reasons. I wonder too!