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ANNOYED W/ THE 2022 RESECURITIZATIONS
FHFA is building on the 2011 UST-HUD Housing Finance Privatized Sys 3-option plan, chosen by law for release: 2011 GSE Reform,CSP, UMBS,...
"Engage in new initiatives while undercapitalized?" Short-sales to $GS instead.
.@RepBlaine ANNOYED W/ THE 2022 RESECURITIZATIONS
— Conservatives against Trump (@CarlosVignote) May 29, 2023
FHFA is building on the 2011 UST-HUD Housing Finance Privatized Sys 3-option plan, chosen by law for release: 2011 GSE Reform,CSP, UMBS,...
"Engage in new initiatives while undercapitalized?" Short-sales to $GS instead.#Fanniegate https://t.co/tKeZNu4wUh pic.twitter.com/PcOhfDDUEv
172K on the ask,.....not exactly a mini wall
OMG!! I wish that every Senator and Congressman would view this exchange
This seems to be very good Navyard!!!
Nobody likes seeing 6 posts in a row from the same person!! Best way to be IGNORED!!
Where are our lawyers anyway?
Conservatives against Trump
@CarlosVignote 26m Replying to @CarlosVignote
The comment has been published on the FHFA
https://www.fhfa.gov//AboutUs/Contact/Pages/input-submission-detail.aspx?RFIId=2623
Tnx Ron
Taking out stop loss?
Dr. Jared Bernstein, of Virginia, to be Chairman of the Council of Economic Advisers, Executive Office of the President
Executive Session
DATE: Thursday, May 11, 2023Add to my CalendarTIME: 09:45 AMLOCATION: Dirksen Senate Office Building 538
107K on the ask @ 0.48
FHFA Announces Rescission of Enterprise Upfront Fees Based on Debt-To-Income (DTI) Ratio
May 10, 2023
Agency to also issue Request for Input on the Enterprise single-family pricing framework
The Federal Housing Finance Agency (FHFA) today announced that it has rescinded the upfront fees based on borrowers’ DTI ratios for loans acquired by Fannie Mae and Freddie Mac (the Enterprises). FHFA announced in March it would delay implementation in order to engage with industry stakeholders and better understand their concerns.
“I appreciate the feedback FHFA has received from the mortgage industry and other market participants about the challenges of implementing the DTI ratio-based fee,” said Director Sandra L. Thompson. “To continue this valuable dialogue, FHFA will provide additional transparency on the process for setting the Enterprises’ single-family guarantee fees and will request public input on this issue.”
Consistent with the Enterprise Regulatory Capital Framework finalized in 2020, appropriately capitalizing each Enterprise is critical to ensuring that they are well positioned to meet their mandate of providing liquidity and stability to the secondary mortgage market and supporting access to affordable mortgage credit throughout the nation.
Additional details about the upcoming Request for Input (RFI) on the single-family guarantee fee pricing framework will be released shortly.
BVPS $103/$153 $FNMA $FMCC PER 6.6/8
Annualized adjusted 1Q2023 EPS (Privatized Sys: no TCCA fees, no CRT)
3.5% div on JPS,incl.
Takings: For the UST to cash in the Deferred Income, net, and an effective ending PER 14x, resale at $236ps PER 15/$328 PER 17
Profit=$267B.#Fanniegate
https://twitter.com/CarlosVignote
Thank you Good to hear the oracle of Omaha endorsing FnF as being solid
Could you please provide something to verify
Big sell at 16:16:12 for FNMAS 961K...link
https://ih.advfn.com/stock-market/USOTC/fannie-mae-qb-FNMAS/trades
PPS should be $222/share
$15.2 Billion/1.16 Billion shares X 17P/E=$222/share
Net income/number shares outstandingX 17p/e=PPS
BRIEF-Fannie Mae Reports Net Income Of $3.8 Billion For First Quarter 2023
7:32 AM ET, 05/02/2023 - Reuters
May 2 (Reuters) - Federal National Mortgage Association :
* FANNIE MAE REPORTS NET INCOME OF $3.8 BILLION FOR FIRST QUARTER 2023
* FANNIE MAE - QTRLY NET REVENUES $6,849 MILLION VERSUS $7,482 MILLION
* FANNIE MAE - QTRLY NET INTEREST INCOME $6,786 MILLION VERSUS $7,399 MILLION Source text for Eikon: Further company coverage:
OBSESSION W/ SUPPLANTING THE SAME LAW
A 2022 FHFA Final Rule "required" FnF to submit a Capital plan by May 20,2023.
Same language in the Dodd-Frank law that "required" UST to submit "recommendations on ending Conservatorship":Privatized Sys(Basel)
12yrs in the making.#Fanniegate https://t.co/uTfNS6HBaf pic.twitter.com/oDHt78FbhD
Sellers over Buyers 3/1 today-link
https://ih.advfn.com/stock-market/USOTC/fannie-mae-qb-FNMA/trades
MM took out a bunch of stop loss @ 0.42 FNMA
Weak volume
Maybe next week
Everybody see that last minute pps spike?
Yes Sir, I read this yesterday and I am very hopeful that Rep Mchenry does in fact follow through
Federal Reserve Balance Sheet: Factors Affecting Reserve Balances-4/20
https://www.federalreserve.gov/releases/h41/20230420/
Bill Ackman-@BillAckman.
@POTUS
should declare that he is not running for re-election now. Doing so will open the field for the best potential Democratic nominee and give him or her the greatest opportunity to build a constituency to win.
Our country deserves a vibrant and experienced leader operating
https://twitter.com/BillAckman
Could be everyone testing the system in preparation for relist
Could be Reddit trades
This is the Kudlow video from today about Fannie/Freddie
Attack on the American Dream
https://www.foxbusiness.com/shows/kudlow
Omfg That’s YUGE!!
A Fannie Mae Structure---from March 27 ,2023
Re: Prohibition against Conflicts of Interest in Certain Securitizations
Rel. No. 33-11151; File No. S7-01-23
https://www.sec.gov/comments/s7-01-23/s70123-20161795-330657.pdf
Thanks Navy
PPS and volume tending to intimate otherwise
Stickied—-ok?
It's too bad there's no Webcast
Oh to be a Fly on the wall
Ano
@Ano3020100·
Apr 16
Last Friday in Axon v. FTC the SCOTUS ruled “Statutory provisions do not preclude a court from ruling” FHFAs statutory provision 12 U.S. Code § 4617(f)” no court may take any action” IS THUS UNCONSTITUTIONAL!!!!, this was the only provision responsible for dismissing cases, WOW