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Thanks for the correction
I knew it was something huge like that
Maybe others will understand better
Sadly, I’ve been around long enough to remember when the Gse’s took
$40 billion in toxic MBS on their books at the direction of hank Paulson. This allowed the banks to remain solvent when they would have otherwise been sunk, your posts are way too long. Please try to be more concise
So they’re a week late, right?
I see a lot of single shares @1.47, mostly buys
If you go back and click on the link from my post from stockprofiter has you’ll see that’s the real McCoy
40210 4/20/202 4MOTION for Disbursement of Funds AFTER DETERMINATION OF REASONABLE FEES DUE, IF ANY. Document filed by David Klusendorf. Return Date set for 5/6/2024 at 11:59 PM.
Actually l think we’re all ready for exit now
I heard Sen Haggerty giving sandra the business
On point
Did you people hear Haggerty? Him is da Man..
He was ready to tear ST a new one
Bidenomics is pushing the dream of homeownership out of reach for so many Americans.
Americans want the ability to control their own future—not a far-left economic agenda that destroys opportunity.
https://twitter.com/SenatorTimScott
She's taking us out of conservatorship $FNMA #FANNIEGATE https://hispanicexecutive.com/priscilla-almodovar-the-latina-at-the-center-of-americas-housing-finance-system/
She's taking us out of conservatorship $FNMA #FANNIEGATE https://t.co/atiQTqcqwP pic.twitter.com/EIMRRtf6zo
— Fanniegate Hero (@DoNotLose) April 17, 2024
Fanniegate Hero
@DoNotLose
·
7m
"FHFA will build upon this work to promote the sustainability and durability of these reforms after the Enterprises exit conservatorship." - FHFA's Sandra Thompson $FNMA #FANNIEGATE
Quote
Fanniegate Hero
@DoNotLose
·
12m
"I have heard about the need for more workforce housing" - from more rural areas like Tennessee. h/t @garrettashton-24.pdf $FNMA #FANNIEGATE
For those on the 20
Delay we hit $1.50. Down at 1.47 now
4/16/2024PROPOSED PROTECTIVE ORDER. Document filed by FDIC, as receiver, Federal Deposit Insurance, The Federal Deposit Insurance Corporation as Receiver, The Federal Home Loan Mortgage Corporation.
04/12/2024***NOTICE TO COURT REGARDING PROPOSED ORDER. Document No. (4013 in 1:11-md-02262-NRB, 884 in 1:11-cv-02613-NRB) Proposed Order was reviewed and approved as to form. Filed In Associated Cases: 1:11-md-02262-NRB, 1:11-cv-02613-NRB (Text entry; no document attached.)
Sherrie Brown is the chair, so not sure if she’ll have any negative effects
The effective date for most of the amendments will be April 2024; however, some of the amendments—including those
relating to the method for computing exposure and risk-weighted asset amounts for derivatives and cleared transactions
—will be effective January 2026.
Receivership and Resolution Planning
Under the GSE Act, the Director of FHFA must place us into receivership if they determine that our assets are less than
our obligations (that is, we have a net worth deficit) or if we have not been paying our debts as they become due, in
either case, for a period of 60 days. FHFA has clarified that the 60-day measurement period will commence no earlier
than the SEC filing deadline for our Form 10-K or Form 10-Q for the relevant period.
Under the GSE Act we could also be put into receivership at the discretion of the Director of FHFA if the statutory
grounds for the discretionary appointment of a receiver are met. This includes: a substantial dissipation of assets or
earnings due to unsafe or unsound practices; the existence of an unsafe or unsound condition to transact business; an
inability to meet our obligations in the ordinary course of business; a weakening of our condition due to unsafe or
unsound practices or conditions; critical undercapitalization; undercapitalization and no reasonable prospect of
becoming adequately capitalized; the likelihood of losses that will deplete substantially all of our capital; or by consent.
https://fanniemae.gcs-web.com/static-files/df8cb850-d1f7-4142-961e-3821a35b03ca
I bought for 0.17
This should tell alot
The current chair of the committee is Democrat Sherrod Brown of Ohio, and the Ranking Member is Republican Tim Scott of South Carolina.
The effective date for most of the amendments will be April 2024; however, some of the amendments—including those
relating to the method for computing exposure and risk-weighted asset amounts for derivatives and cleared transactions
—will be effective January 2026.
Receivership and Resolution Planning
Under the GSE Act, the Director of FHFA must place us into receivership if they determine that our assets are less than
our obligations (that is, we have a net worth deficit) or if we have not been paying our debts as they become due, in
either case, for a period of 60 days. FHFA has clarified that the 60-day measurement period will commence no earlier
than the SEC filing deadline for our Form 10-K or Form 10-Q for the relevant period.
Under the GSE Act we could also be put into receivership at the discretion of the Director of FHFA if the statutory
grounds for the discretionary appointment of a receiver are met. This includes: a substantial dissipation of assets or
earnings due to unsafe or unsound practices; the existence of an unsafe or unsound condition to transact business; an
inability to meet our obligations in the ordinary course of business; a weakening of our condition due to unsafe or
unsound practices or conditions; critical undercapitalization; undercapitalization and no reasonable prospect of
becoming adequately capitalized; the likelihood of losses that will deplete substantially all of our capital; or by consent.
https://fanniemae.gcs-web.com/static-files/df8cb850-d1f7-4142-961e-3821a35b03ca
Nice bump on low volume
Link?
Anybody know where we stand in relation to the Libor case?
Heard it was settling soon.
I’ve never seen someone post so much BS in my life
Based on going from 1.29 to 1.48 today
Back to $1.99 soon then moonski baby
Moon bounce?
we're Being tested!!
04/05/2024***NOTICE TO COURT REGARDING STIPULATION OF VOLUNTARY DISMISSAL Document No. [4003] Stipulation of Voluntary Dismissal was reviewed and referred to Judge Naomi Reice Buchwald for approval for the following reason(s): the plaintiff(s) filed their voluntary dismissal and it did not dismiss all of the parties or the action in its entirety. (Text entry; no document attached.)
STIPULATION OF VOLUNTARY DISMISSAL It is hereby stipulated and agreed by and between the parties and/or their respective counsel(s) that the above-captioned action is voluntarily dismissed, with prejudice against the defendant(s) Citibank NA, Citigroup Inc, Citibank, N.A. and without costs pursuant to Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure. Document filed by California Public PlaintiffsTIPULATION OF VOLUNTARY DISMISSAL It is hereby stipulated and agreed by and between the parties and/or their respective counsel(s) that the above-captioned action is voluntarily dismissed, with prejudice against the defendant(s) Citibank NA, Citigroup Inc, Citibank, N.A. and without costs pursuant to Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure. Document filed by California Public Plaintiffs
https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262
STIPULATION OF VOLUNTARY DISMISSAL It is hereby stipulated and agreed by and between the parties and/or their respective counsel(s) that the above-captioned action is voluntarily dismissed, with prejudice against the defendant(s) Citibank NA, Citigroup Inc, Citibank, N.A. and without costs pursuant to Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure. Document filed by California Public PlaintiffsTIPULATION OF VOLUNTARY DISMISSAL It is hereby stipulated and agreed by and between the parties and/or their respective counsel(s) that the above-captioned action is voluntarily dismissed, with prejudice against the defendant(s) Citibank NA, Citigroup Inc, Citibank, N.A. and without costs pursuant to Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure. Document filed by California Public Plaintiffs
https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262
STIPULATION OF VOLUNTARY DISMISSAL It is hereby stipulated and agreed by and between the parties and/or their respective counsel(s) that the above-captioned action is voluntarily dismissed, with prejudice against the defendant(s) Citibank NA, Citigroup Inc, Citibank, N.A. and without costs pursuant to Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure
https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262
Court has repeatedly made crystal clear, there cannot and will not be any further adjournments of the class certification, summary judgment, and Daubert motions. Very truly yours, NAOMI REICE BUCHWALD, UNITED STATES DISTRICT JUDGE. (Signed by Judge Naomi Reice Buchwald on 4/3/2024)
https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262
OTC is code word for Derivatives.
She is NOT messing around!
Ron
Wow. This is great news. It’s about time
Posted to "X" and retweeted
awesome news..thank you
Buy/Sell volume is almost equal---930/1024--link
https://ih.advfn.com/stock-market/USOTC/fannie-mae-qb-FNMA/trades
Weak volume
Just printed $1.65–‘not sure if it was short or long
Fmcc is up 0.16
Catching up to FNMA
Only 36 cents to go until we hit last Thursday level