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correct me if I am wrong. Do we know exactly where the funds go every quarter? If the funds eventually make their way to the General Fund pot where they got mixed with other monies drawn from elsewhere, very few of us,if any, will ever know.
I still believe, unless proven otherwise, that ending of conservatorship and limited money retaining for GSE are all depending on the outlook or trend of president Trump getting re-elected or not in this coming election.
If his chance of getting re-elected is high, this limited GSE fund retaining business will be dragged out as long as he needs to use funds to run his agenda.
If his chance of getting re-elected is low, then investors will be hearing conservatorship ending soon.
This is just my humble opinion. Do your d&d prior to investing.
Cmdr,sweep is illegal and it will end. No more cash for me, but it is excellent opportunity to buy today for some people.
Common PPS will be higher than that with time.
The only issue I see between the president and GSE is that the president is not ready to let the twins go as yet because he thinks he is going to need the quarterly profits in billions from the twins to execute his agenda and balance his budgets for the next four years. He already thinks that he is going to win the 2020 presidential race. That was the reason Calabria said that the twins will be completely free in 3 to 4 years. GSE money has been free money for the govt to use for the last 11 years. I will be very surprised if the sweep is going to end any time soon. I think the money will continue to go to the treasury for the next 3 to 4 years. Why end the free money from the twins now unless you have to (if En Banc's ruling is against it). Now if the president does not think he is going to win the 2020 race, the current president will be pushing hard and fast to release the twins before he leaves the white house because he does not want the free money generated from twins to continue for the democrats.
Since you are not an elective gov official, you as an investor know what your priority is, what are you going to do?
No worries. Bear Raid. Head fake. Do not panic. Do not sell your golden eggs
PPS shows that there is a major lack of confidence and distrust. All I can tell you is that yes there were major disappointment all along, but this time it is different. We never had a more clear as of now from the white house that GSE will be freed.
I have read so many inspiring posts over the last so many years, and i am going to say ..lets wait and see
There probably will be some sell-offs by the weak-hearts, "uncertain" investors, and profit takers tomorrow.
Because the current govt also wants to spend the fund from twin to run their agenda as well.
En Banc is coming, and when it does, you better be in or get crushed
According to what you are saying, TBTF Banks and MMs are accumulating, and all the weak hands are selling. Most of us who are not an institution are all weak hands at some point in time.!
No worries. PPS will bounce up in less than a heart beat when En Banc court ruling is released which could be any time and any day. Time to buy cheap. One thing about FNMA/FMCC is that they always love to mislead investors to go in the opposite direction.
There has been a couple of cases of food poisoning from having eaten tacos with beyond meat. Hopefully the cases will not be publicized otherwise its price will ne adversely affected.
"The 2 biggest reasons for the NWS going back to bummer was to fund bummer care and the debt ceiling arguments every other month
None of these 2 have been fixed yet and this is why Mnuchin has wanted the sweep for as long as he possibly can
We need en banc to stop the sweep. IMO"
Golfbum, now you got it. Mnunchin takes directions from pres Trump. Both of them are delaying the sweep stop to figure out how to fund bummer care and debt ceiling issue. Mnunchin is buying time by continuing to say that he needs congress to come up with a plan. We all know congress can not do jack. The ending of sweep therefore gets delayed and delayed until Mnunchin figures how to deal with the two issues or Pres Trump decides to end the sweep asap because he does not want democrats to have the two golden eggs in event he thinks he will not win the re-election. There is so much manipulation which lead me to doubt about en banc outcome. All the judges on the En Banc panel have a price or weakness if you know what i mean. (imho)
did someone here say En Banc is coming around 5/19
time for me to buy a little more
since we have a full house here today, when is it likely the date for release of EnBanc rulings, anyone?
No worries Ruud, there is plenty of monies to go around. U will still make more than plenty if u buy it now. I suggest u buy it next week
Can u please check to see if fmcc is also adjusting its RSI before entering the power zone as well. Thnx
I try to be realistic and earthbound when it comes to PPS prediction. I would say several factors associated with fnma and fmcc,i.e, Enbanc rulings which have already been predicted by many to be known a positive outcome, have already been mostly baked in to the price per share. I like to think I am wrong, but if you may remember from another event in recent past we've already seen the PPS did not budge much upon release of a prior predicted-to-be-good news.
GTLA FNMA
Repost of Results: Favorable En Banc Court Ruling vote tally 100% for the plaintiffs or shareholders on this forum.
Results: Favorable En Banc Court Ruling vote tally 100% for the plaintiffs or shareholders on this forum.
we all can sleep through the night now
I thought this may be interesting for us to do while waiting. What is everyone's vote on a favorable Enc Banc court decision? Please select: Yes or No
I will start first. Yes. Logics tells me it is a yes 65%, but we could never tell what crazy things are going on in these judges' minds.
We will need someone to keep a tally on the votes.
En Banc ruling is more than likely to be favorable under Pres Trump's watch. It was not favorable last time under former pres Obama because he was for conservatorship.
This is how our fair US justice system works.
Great Mr CEO. When will FMCC be $30 per share or higher?
Some of us paid $2.90 a share
I understand. However, I hope we will see a big green day when Calabria finally gets sworn in. I am getting tired...
That explained why PPS is down today?
I sold my fnma shares to buy more fmcc shares
I have not seen it, but it already sounds like this tv segment was put together by a group of bankers
Do you have the time and date for this CNBC tv segment.?
Good job.
“.....Now that Mark Calabria is on the cusp of becoming the next permanent director of the Federal Housing Finance Agency will the Treasury Department implement its long-rumored plan to allow Fannie Mae and Freddie Mac to build more capital? But let’s back up for a second. Is there a real plan or is that just speculation?... “
Finally, someone else expressed a similar concern. Why would someone want to give up a golden egg unless there is something else better for him.? Why would you want to give up billion and billion of dollars when you could use them to balance a budget deficit?
Anyway, this topic may be too deep to most of us here on this message board to be concerned with at this time. Let’s forget about this topic for now and let’s enjoy some good pops tomorrow onward.
Why making guesses when nobody knows what is going to happen to share price between now and then
Are you also one of us Fannie mac investor here?
Ending NWS is a big political thing, and we would have heard statements made by various people already. We would have heard some noises already...but we have not! My hunch is that there is nothing going to happen this Friday.
Sure hope pps does not drop below 2. The way things are going, it seems like there is no more urgency. The president is thinking he will win his second term because of the Mueller report did not harm him. Instead it may have helped him. He may like to see GSE monies continue to be swept. Mnunchin, Calabria and Otting are all taking instructions from the president, and nobody cares about the investors other than themselves. Prepare for the worst, investors may be waiting for another 4 to 6 years?
This is my only humble opinion
That is one-sided talking.
Homeowners could have been helped better with conservatorship lifted because more available private companies could have promoted competitive mortagage services to home buyers, and concurrently GSE investors could have been made whole.
if PPS keeps going down daily, most old or semi-old investors will be selling and be gone, and buy back in when PPS falls below $ 2 or less
so.. what does that mean to the average joe investors? are we gaining any leverage advantage for having higher mass trading power for having more traders combined from fidelity and etrade ?