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READ ! F & F WILL SURVIVE
Hi both longs and shorts, I am back. Long time no talk.
Although people, especially media, consider yesterday was the doomsday for F & F, but in my opinion
1/ Government MAY create a New Entity by combining Fannie & Freddie -----> Based on Proposal of Current FHFA Director, DeMarco. That is called REFORM, means fixing the current system, not shutting down F & F.
In such a case, current FNMA & FMCC Junior Preferred & Commons will be converted to New Entity's symbol equally 1 : 1, I believe.
2/ At the New Entity, Government MAY no longer guarantee for mortgages of Multi-Families Properties which are currently dominated by Freddie Mac. Those properties are rental, producing income for investors, and the mortgage guarantee from Government does not make sense.
This sector is completely capitalized by private market. ---> Based on Proposal of Current FHFA Director, DeMarco.
3/ Government MAY put some first loss to investors, let's say between 5% - 10% ---> Based on Corker's Bill
Lenders have to pay fees to get such guarantees from Government
they actually shift those fees to Borrowers ) ---> Based on Corker's Bill
4/ Government MAY continue to guarantee for residential mortgages of fixed programs such as 15, 20, 30 years and some amortized adjustable programs, not interest only ones. Plus, Government MAY continue to guarantee Conforming Loans up to 625K which is as current. Jumbo Loans above 625K have no guarantee
---> President's own plan.
5/ Government MAY put more restrictions on underwriting guidelines, let's say 5% - 10% down payment is required for purchases to lessen the risk . Plus, Borrowers have to be eligible to make mortgage payments at the time of loan applications . ---> President's own plan.
My opinion only. Any thoughts ?
READ ! F & F WILL SURVIVE
Hi both longs and shorts, I am back. Long time no talk.
Although people, especially media, consider yesterday was the doomsday for F & F, but in my opinion
1/ Government MAY create a New Entity by combining Fannie & Freddie -----> Based on Proposal of Current FHFA Director, DeMarco. That is called REFORM, means fixing the current system, not shutting down F & F.
In such a case, current FNMA & FMCC Junior Preferred & Commons will be converted to New Entity's symbol equally 1 : 1, I believe.
2/ At the New Entity, Government MAY no longer guarantee for mortgages of Multi-Families Properties which are currently dominated by Freddie Mac. Those properties are rental, producing income for investors, and the mortgage guarantee from Government does not make sense.
This sector is completely capitalized by private market. ---> Based on Proposal of Current FHFA Director, DeMarco.
3/ Government MAY put some first loss to investors, let's say between 5% - 10% ---> Based on Corker's Bill
Lenders have to pay fees to get such guarantees from Government
they actually shift those fees to Borrowers ) ---> Based on Corker's Bill
4/ Government MAY continue to guarantee for residential mortgages of fixed programs such as 15, 20, 30 years and some amortized adjustable programs, not interest only ones. Plus, Government MAY continue to guarantee Conforming Loans up to 625K which is as current. Jumbo Loans above 625K have no guarantee
---> President's own plan.
5/ Government MAY put more restrictions on underwriting guidelines, let's say 5% - 10% down payment is required for purchases to lessen the risk . Plus, Borrowers have to be eligible to make mortgage payments at the time of loan applications . ---> President's own plan.
My opinion only. Any thoughts ?
READ ! F & F WILL SURVIVE
Hi both longs and shorts, I am back. Long time no talk.
Although people, especially media, consider yesterday was the doomsday for F & F, but in my opinion
1/ Government MAY create a New Entity by combining Fannie & Freddie -----> Based on Proposal of Current FHFA Director, DeMarco. That is called REFORM, means fixing the current system, not shutting down F & F.
In such a case, current FNMA & FMCC Junior Preferred & Commons will be converted to New Entity's symbol equally 1 : 1, I believe.
2/ At the New Entity, Government MAY no longer guarantee for mortgages of Multi-Families Properties which are currently dominated by Freddie Mac. Those properties are rental, producing income for investors, and the mortgage guarantee from Government does not make sense.
This sector is completely capitalized by private market. ---> Based on Proposal of Current FHFA Director, DeMarco.
3/ Government MAY put some first loss to investors, let's say between 5% - 10% ---> Based on Corker's Bill
Lenders have to pay fees to get such guarantees from Government
they actually shift those fees to Borrowers ) ---> Based on Corker's Bill
4/ Government MAY continue to guarantee for residential mortgages of fixed programs such as 15, 20, 30 years and some amortized adjustable programs, not interest only ones. Plus, Government MAY continue to guarantee Conforming Loans up to 625K which is as current. Jumbo Loans above 625K have no guarantee
---> President's own plan.
5/ Government MAY put more restrictions on underwriting guidelines, let's say 5% - 10% down payment is required for purchases to lessen the risk . Plus, Borrowers have to be eligible to make mortgage payments at the time of loan applications . ---> President's own plan.
My opinion only. Any thoughts ?
BILL FROM CORKER WILL FAIL DEFINITELY
Freddie Mac is launching the Mortgage Risk-Sharing Programs to test if it works.
If it does, the bill from Corker will definitely be dead as FMCC is proving that NO NEW ENTITY NECCESSARY, their stand-alone
Risk-Sharing Programs can reduce the government role in backing mortgage-securities, in my opinion.
**********************************************************************************************************************
Freddie Mac Said to Plan Start of Mortgage Risk-Sharing Deals
By Christopher DeReza & Jody Shenn
Jun 25, 2013 10:58 AM PT
Freddie Mac (FMCC) is preparing to begin selling notes tied to the default risks of pools of home loans, according to a person with knowledge of the plans.
The government-controlled mortgage financier, which typically covers bond investors’ losses after homeowner defaults, hired Credit Suisse Group AG to manage its first deal and plans to meet with potential investors in cities including New York, Boston, Chicago and London starting next week, said the person, who asked not to be identified because terms aren’t set.
“There hasn’t been a deal yet, but we’re expecting there to be at least a couple this year,” Invesco Mortgage Capital Inc. (IVR) Chief Investment Officer John M. Anzalone said during an investor conference on June 12.
The risk-sharing transactions would be similar to the new system of mortgage finance in the U.S. envisioned under legislation to be introduced today by Senators Bob Corker and Mark Warner. While the bill would wind down Fannie Mae and Freddie Mac, it would replace them with a new federal entity that would insure mortgage debt while requiring private firms to take the first 10 percent of losses.
BILL FROM CORKER WILL FAIL DEFINITELY
Freddie Mac is launching the Mortgage Risk-Sharing Programs to test if it works.
If it does, the bill from Corker will definitely be dead as FMCC is proving that NO NEW ENTITY NECCESSARY, their stand-alone
Risk-Sharing Programs can reduce the government role in backing mortgage-securities, in my opinion.
**********************************************************************************************************************
Freddie Mac Said to Plan Start of Mortgage Risk-Sharing Deals
By Christopher DeReza & Jody Shenn
Jun 25, 2013 10:58 AM PT
Freddie Mac (FMCC) is preparing to begin selling notes tied to the default risks of pools of home loans, according to a person with knowledge of the plans.
The government-controlled mortgage financier, which typically covers bond investors’ losses after homeowner defaults, hired Credit Suisse Group AG to manage its first deal and plans to meet with potential investors in cities including New York, Boston, Chicago and London starting next week, said the person, who asked not to be identified because terms aren’t set.
“There hasn’t been a deal yet, but we’re expecting there to be at least a couple this year,” Invesco Mortgage Capital Inc. (IVR) Chief Investment Officer John M. Anzalone said during an investor conference on June 12.
The risk-sharing transactions would be similar to the new system of mortgage finance in the U.S. envisioned under legislation to be introduced today by Senators Bob Corker and Mark Warner. While the bill would wind down Fannie Mae and Freddie Mac, it would replace them with a new federal entity that would insure mortgage debt while requiring private firms to take the first 10 percent of losses.
BILL FROM CORKER WILL FAIL DEFINITELY
Freddie Mac is launching the Mortgage Risk-Sharing Programs to test if it works.
If it does, the bill from Corker will definitely be dead as FMCC is proving that NO NEW ENTITY NECCESSARY, their stand-alone
Risk-Sharing Programs can reduce the government role in backing mortgage-securities, in my opinion.
**********************************************************************************************************************
Freddie Mac Said to Plan Start of Mortgage Risk-Sharing Deals
By Christopher DeReza & Jody Shenn
Jun 25, 2013 10:58 AM PT
Freddie Mac (FMCC) is preparing to begin selling notes tied to the default risks of pools of home loans, according to a person with knowledge of the plans.
The government-controlled mortgage financier, which typically covers bond investors’ losses after homeowner defaults, hired Credit Suisse Group AG to manage its first deal and plans to meet with potential investors in cities including New York, Boston, Chicago and London starting next week, said the person, who asked not to be identified because terms aren’t set.
“There hasn’t been a deal yet, but we’re expecting there to be at least a couple this year,” Invesco Mortgage Capital Inc. (IVR) Chief Investment Officer John M. Anzalone said during an investor conference on June 12.
The risk-sharing transactions would be similar to the new system of mortgage finance in the U.S. envisioned under legislation to be introduced today by Senators Bob Corker and Mark Warner. While the bill would wind down Fannie Mae and Freddie Mac, it would replace them with a new federal entity that would insure mortgage debt while requiring private firms to take the first 10 percent of losses.
HERE'S INFORMATION WHEN F&F RELISTED ON NYSE
As all we know, ignoring articles, NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP. So, Government has only 2 options,
1/ REMOVE CONSERVATORSHIP ---> FNMA has to get closing price $4 at the time of initial listing on NYSE ( see supportive documents from NYSE sources below )
OR
2/ COMBINE F and F INTO SINGLE NEW ENTITY ---> It takes more than one year to be listed on NYSE AFTER the bill is passed ( see supportive documents from NYSE sources below )
A - ABOUT REMOVING CONSERVATORSHIP TO LET FNMA TO BE RE-LISTED ON NYSE
A company that (i) qualifies as an emerging growth company as defined in Section 2(a)(19) of the Securities Act and Section 3(a)(80) of the Exchange Act and (ii) avails itself of the provisions of the Securities Act and the Exchange Act permitting emerging growth companies and is transferred from another market MUST meets the following requirements to list on NYSE
1/ At least total stockholders 2,200 ---> PASSED
2/ Average monthly trading volume 100K ---> PASSED
3/ At least Publicly held shares 1.1M ---> PASSED
4/ Closing price $4 at the time of initial listing ---> NOT YET
5/ At least 750M in Global Market Capitalization ---> PASSED
6/ At least 75M in Revenues during most recent 12 months ---> PASSED
CONCLUSION ---> If FNMA is released from Conservatorship right now, they only have to get the closing price $4 at the time of initial listing on NYSE. That is easy to get once Conservatorship is removed.
B - ABOUT COMBINING F and F INTO A SINGLE ENTITY
A Reverse Merger Company listed as an IPO MUST meets the following requirements to list on NYSE
1/ Traded at least 1 year at US Over-The-Counter Market ---> PASSED
2/ At least 400 holders holding more than 100 shares ---> PASSED
3/ At least Publicly held shares 1.1M ---> PASSED
4/ Has maintained a closing stock price of $4 or higher for a sustained period of time, but in no event for less than 30 of the most recent 60 trading days prior to the filing of the initial listing application ---> NOT YET
5/ At least 750M in Global Market Capitalization ---> PASSED
6/ At least 75M in Revenues during most recent 12 months ---> PASSED
7/ Timely filed with the Commission all required reports since the consummation of the Reverse Merger, including the filing of at least one annual report containing all required audited financial statements for a full fiscal year commencing on a date after the date of filing of initial listing with the Commission ---> NOT YET
CONCLUSION ---> In the worse case scenario that the bill to combine F and F into a Single New Entity is passed by the end of 2013, it takes more than one year for the New Entity to complete the filing IPO and stock has maintained a closing price $4 as indicated in item # 4 above.
There is nothing to worry because the current stocks of F and F will be transferred to the New Entity equally 1 : 1. But it takes longer than Option A.
Wiping out all Commons Stocks as per bashing articles is NOT the case.
HERE'S INFORMATION WHEN F&F RELISTED ON NYSE
As all we know, ignoring articles, NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP. So, Government has only 2 options,
1/ REMOVE CONSERVATORSHIP ---> FNMA has to get closing price $4 at the time of initial listing on NYSE ( see supportive documents from NYSE sources below )
OR
2/ COMBINE F and F INTO SINGLE NEW ENTITY ---> It takes more than one year to be listed on NYSE AFTER the bill is passed ( see supportive documents from NYSE sources below )
A - ABOUT REMOVING CONSERVATORSHIP TO LET FNMA TO BE RE-LISTED ON NYSE
A company that (i) qualifies as an emerging growth company as defined in Section 2(a)(19) of the Securities Act and Section 3(a)(80) of the Exchange Act and (ii) avails itself of the provisions of the Securities Act and the Exchange Act permitting emerging growth companies and is transferred from another market MUST meets the following requirements to list on NYSE
1/ At least total stockholders 2,200 ---> PASSED
2/ Average monthly trading volume 100K ---> PASSED
3/ At least Publicly held shares 1.1M ---> PASSED
4/ Closing price $4 at the time of initial listing ---> NOT YET
5/ At least 750M in Global Market Capitalization ---> PASSED
6/ At least 75M in Revenues during most recent 12 months ---> PASSED
CONCLUSION ---> If FNMA is released from Conservatorship right now, they only have to get the closing price $4 at the time of initial listing on NYSE. That is easy to get once Conservatorship is removed.
B - ABOUT COMBINING F and F INTO A SINGLE ENTITY
A Reverse Merger Company listed as an IPO MUST meets the following requirements to list on NYSE
1/ Traded at least 1 year at US Over-The-Counter Market ---> PASSED
2/ At least 400 holders holding more than 100 shares ---> PASSED
3/ At least Publicly held shares 1.1M ---> PASSED
4/ Has maintained a closing stock price of $4 or higher for a sustained period of time, but in no event for less than 30 of the most recent 60 trading days prior to the filing of the initial listing application ---> NOT YET
5/ At least 750M in Global Market Capitalization ---> PASSED
6/ At least 75M in Revenues during most recent 12 months ---> PASSED
7/ Timely filed with the Commission all required reports since the consummation of the Reverse Merger, including the filing of at least one annual report containing all required audited financial statements for a full fiscal year commencing on a date after the date of filing of initial listing with the Commission ---> NOT YET
CONCLUSION ---> In the worse case scenario that the bill to combine F and F into a Single New Entity is passed by the end of 2013, it takes more than one year for the New Entity to complete the filing IPO and stock has maintained a closing price $4 as indicated in item # 4 above.
There is nothing to worry because the current stocks of F and F will be transferred to the New Entity equally 1 : 1. But it takes longer than Option A.
Wiping out all Commons Stocks as per bashing articles is NOT the case.
INFORMATION WHEN F&F RELISTED ON NYSE
As all we know, ignoring articles, NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP. So, Government has only 2 options,
1/ REMOVE CONSERVATORSHIP ---> FNMA has to get closing price $4 at the time of initial listing on NYSE ( see supportive documents from NYSE sources below )
OR
2/ COMBINE F and F INTO SINGLE NEW ENTITY ---> It takes more than one year to be listed on NYSE AFTER the bill is passed ( see supportive documents from NYSE sources below )
A - ABOUT REMOVING CONSERVATORSHIP TO LET FNMA TO BE RE-LISTED ON NYSE
A company that (i) qualifies as an emerging growth company as defined in Section 2(a)(19) of the Securities Act and Section 3(a)(80) of the Exchange Act and (ii) avails itself of the provisions of the Securities Act and the Exchange Act permitting emerging growth companies and is transferred from another market MUST meets the following requirements to list on NYSE
1/ At least total stockholders 2,200 ---> PASSED
2/ Average monthly trading volume 100K ---> PASSED
3/ At least Publicly held shares 1.1M ---> PASSED
4/ Closing price $4 at the time of initial listing ---> NOT YET
5/ At least 750M in Global Market Capitalization ---> PASSED
6/ At least 75M in Revenues during most recent 12 months ---> PASSED
CONCLUSION ---> If FNMA is released from Conservatorship right now, they only have to get the closing price $4 at the time of initial listing on NYSE. That is easy to get once Conservatorship is removed.
B - ABOUT COMBINING F and F INTO A SINGLE ENTITY
A Reverse Merger Company listed as an IPO MUST meets the following requirements to list on NYSE
1/ Traded at least 1 year at US Over-The-Counter Market ---> PASSED
2/ At least 400 holders holding more than 100 shares ---> PASSED
3/ At least Publicly held shares 1.1M ---> PASSED
4/ Has maintained a closing stock price of $4 or higher for a sustained period of time, but in no event for less than 30 of the most recent 60 trading days prior to the filing of the initial listing application ---> NOT YET
5/ At least 750M in Global Market Capitalization ---> PASSED
6/ At least 75M in Revenues during most recent 12 months ---> PASSED
7/ Timely filed with the Commission all required reports since the consummation of the Reverse Merger, including the filing of at least one annual report containing all required audited financial statements for a full fiscal year commencing on a date after the date of filing of initial listing with the Commission ---> NOT YET
CONCLUSION ---> In the worse case scenario that the bill to combine F and F into a Single New Entity is passed by the end of 2013, it takes more than one year for the New Entity to complete the filing IPO and stock has maintained a closing price $4 as indicated in item # 4 above.
There is nothing to worry because the current stocks of F and F will be transferred to the New Entity equally 1 : 1. But it takes longer than Option A.
Wiping out all Commons Stocks as per bashing articles is NOT the case.
F and F released end of 2013
Guys, F and F will be released from C-Ship at the end of 2013 as latest. WHY ?????
1/ FNMA with 59B DTA did help Government budget deficit gone through Sep 2013.
- This year with higher tax revenue still cannot cut the deficit. Without 59B DTA from FNMA, Government did run out funds from 5/2013.
- Government also had to sell the remaining holdings of AIG at the beginning of this year, and has just sold holdings of GM last month.
2/ FMCC with 30B DTA will be released on next Earning 8/6 will help budget deficit gone through 2013
And then THAT'S IT ! Nothing left for Government to rip them off.
3/ SO ????? Where will be the extra funds to cut the deficit for next year 2014 ? Only the Senior Preferred in FNMA & FMCC can help Government to do so. The 2 Companies are the left bail-out enterprises that Government can make money.
And guess what ?
Government has to release the 2 Companies from C-Ship by the end of 2013 as latest to be able to convert their Senior Preferred to Commons to help the budget for next fiscal year 2014.
Corker has 6 months left to play with his shet bill. And Government has only 6 months left to release F and F from C-Ship.
HOLD ON THE STOCK AND WE WILL HEAR THE GOOD NEWS SOON
Just my opinion. Any thought ?
F and F released end of 2013
Guys, F and F will be released from C-Ship at the end of 2013 as latest. WHY ?????
1/ FNMA with 59B DTA did help Government budget deficit gone through Sep 2013.
- This year with higher tax revenue still cannot cut the deficit. Without 59B DTA from FNMA, Government did run out funds from 5/2013.
- Government also had to sell the remaining holdings of AIG at the beginning of this year, and has just sold holdings of GM last month.
2/ FMCC with 30B DTA will be released on next Earning 8/6 will help budget deficit gone through 2013
And then THAT'S IT ! Nothing left for Government to rip them off.
3/ SO ????? Where will be the extra funds to cut the deficit for next year 2014 ? Only the Senior Preferred in FNMA & FMCC can help Government to do so. The 2 Companies are the left bail-out enterprises that Government can make money.
And guess what ?
Government has to release the 2 Companies from C-Ship by the end of 2013 as latest to be able to convert their Senior Preferred to Commons to help the budget for next fiscal year 2014.
Corker has 6 months left to play with his shet bill. And Government has only 6 months left to release F and F from C-Ship.
HOLD ON THE STOCK AND WE WILL HEAR THE GOOD NEWS SOON
Just my opinion. Any thought ?
F and F released end of 2013
Guys, F and F will be released from C-Ship at the end of 2013 as latest. WHY ?????
1/ FNMA with 59B DTA did help Government budget deficit gone through Sep 2013.
- This year with higher tax revenue still cannot cut the deficit. Without 59B DTA from FNMA, Government did run out funds from 5/2013.
- Government also had to sell the remaining holdings of AIG at the beginning of this year, and has just sold holdings of GM last month.
2/ FMCC with 30B DTA will be released on next Earning 8/6 will help budget deficit gone through 2013
And then THAT'S IT ! Nothing left for Government to rip them off.
3/ SO ????? Where will be the extra funds to cut the deficit for next year 2014 ? Only the Senior Preferred in FNMA & FMCC can help Government to do so. The 2 Companies are the left bail-out enterprises that Government can make money.
And guess what ?
Government has to release the 2 Companies from C-Ship by the end of 2013 as latest to be able to convert their Senior Preferred to Commons to help the budget for next fiscal year 2014.
Corker has 6 months left to play with his shet bill. And Government has only 6 months left to release F and F from C-Ship.
HOLD ON THE STOCK AND WE WILL HEAR THE GOOD NEWS SOON
Just my opinion. Any thought ?
JOE STOCKS, YOU ARE 100% WRONG
I don't know you neither and I don't think I want to. I am allowed to post only 3 a day. So, I can't argue with you longer. My questions for you are
1/ Did you read the whole Statement ? I think you only read the last paragraph and then point out Congress will liquidate F and F.
2/ Yes, Congress can do that, BUT only in the circumstance that the Company is weak, continue to lose and have no capacity to pay debt and come back to business.
3/ F and F are none of them
4/ Read the below Q & A and figure out by yourself.
Q: When will the conservatorship period end ?
A: Upon the Director’s determination that the Conservator’s plan to restore the Company to a safe and solvent condition has been completed successfully, the Director will issue an order terminating the conservatorship. At present, there is no exact time frame that can be given as to when this conservatorship may end.
Q: What are the powers of the Conservator ?
A: The FHFA, as Conservator, may take all actions necessary and appropriate to (1) put the Company in a sound and solvent condition and (2) carry on the Company’s business and preserve and conserve the assets and property of the Company.
Q: What happens if the Company is liquidated ?
A: Under a conservatorship, the Company is not liquidated.
Q: Can the Conservator determine to liquidate the Company ?
A: The Conservator cannot make a determination to liquidate the Company, although, short of that, the Conservator has the authority to run the company in whatever way will best achieve the Conservator’s goals (discussed above). However, assuming a statutory ground exists and the Director of FHFA determines that the financial condition of the company requires it, the Director does have the discretion to place any regulated entity, including the Company, into receivership. Receivership is a statutory process for the liquidation of a regulated entity. There are no plans to liquidate the Company.
POST FNMA WON'T BE LIQUIDATED ALL OVER IF YOU CAN
Hi guys,
This is serious matter. We have to fight to media on the false information regarding Government will liquidate F and F and left shareholders with nothing. THAT IS ABSOLUTELY NOT TRUE.
1/ Please copy & paste my below message and POST IT ON ALL THE BOARDS you know. Keep repeating so that people can get alert.
2/ Whenever media post any bad news to bash F and F, please post the message RIGHT UNDER THE ARTICLE at their website, so that people can get the correct information.
3/ Some boards do not allow capital letters and the link. So, please do whatever you think it will be pass
We have to fight those bad guys trying to help Market Makers to dominant the market, to steal money from people by panic selling.
Thank you so much, guys
******************************************************************
No liquidation under conservatorship confirmed BY FHFA, especially F and F are making profits and come back to business healthy. It is very clear from FHFA website. So, hold your shares tight. Don't be panic by misleading news. Don't sell unless you really need money. Check out this website.
http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
POST FNMA WON'T BE LIQUIDATED ALL OVER IF YOU CAN
Hi guys,
This is serious matter. We have to fight to media on the false information regarding Government will liquidate F and F and left shareholders with nothing. THAT IS ABSOLUTELY NOT TRUE.
1/ Please copy & paste my below message and POST IT ON ALL THE BOARDS you know. Keep repeating so that people can get alert.
2/ Whenever media post any bad news to bash F and F, please post the message RIGHT UNDER THE ARTICLE at their website, so that people can get the correct information.
3/ Some boards do not allow capital letters and the link. So, please do whatever you think it will be pass
We have to fight those bad guys trying to help Market Makers to dominant the market, to steal money from people by panic selling.
Thank you so much, guys
******************************************************************
No liquidation under conservatorship confirmed BY FHFA, especially F and F are making profits and come back to business healthy. It is very clear from FHFA website. So, hold your shares tight. Don't be panic by misleading news. Don't sell unless you really need money. Check out this website.
http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP BY FHFA
It is very clear from FHFA website. There are only 2 options for Government
1/ To Release F and F from C-Ship
OR
2/ To Transfer F and F to a New Entity
Check it out
http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP BY FHFA
It is very clear from FHFA website. There are only 2 options for Government
1/ To Release F and F from C-Ship
OR
2/ To Transfer F and F to a New Entity
Check it out
http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP BY FHFA
It is very clear from FHFA website. There are only 2 options for Government
1/ To Release FNMA from C-Ship
OR
2/ To Transfer FNMA to a New Entity
Check it out
http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP BY FHFA
It is very clear from FHFA website. There are only 2 options for Government
1/ To Release FNMA from C-Ship
OR
2/ To Transfer FNMA to a New Entity
Check it out
http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP BY FHFA
It is very clear from FHFA website. There are only 2 options for Government
1/ To Release FNMA from C-Ship
OR
2/ To Transfer FNMA to a New Entity
Check it out
http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
NO LIQUIDATION ALLOWED UNDER CONSERVATORSHIP BY FHFA
It is very clear from FHFA website. There are only 2 options for Government
1/ To Release FNMA from C-Ship
OR
2/ Transfer FNMA to a New Entity
Check it out
http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
Bloomberg: WORLD CHASING US REAL ESTATE
Who ever think F and F will be abolished are DUMB like Corker and his STUPID gang of 4.
******************************************************************
World Chasing U.S. Yield With 25% Deal Jump: Real Estate
Bloomberg Jun 3, 2013 9:01 PM PT
By Hui-yong Yu & Kathleen Chu
Singaporeans, South Koreans, Israelis and Norwegians are accelerating purchases of U.S. real estate as a growing economy and rebounding prices lure yield-hungry buyers from overseas.
International investors made $7.97 billion in U.S. commercial-property purchases this year through April, a 25 percent jump from the same time in 2012, according to Real Capital Analytics Inc. Their $27.5 billion in deals in all of last year was almost six times the $4.7 billion low in 2009, the research firm said.
Foreigners made 8.8 percent of U.S. commercial real estate transactions in the first four months of 2013, up from an average of 8.1 percent for the previous 10 years, according to New York-based Real Capital. The data measure direct purchases of physical buildings, not investments in funds or securities.
Bloomberg: WORLD CHASING US REAL ESTATE
Who ever think F and F will be abolished are DUMB like Corker and his STUPID gang of 4.
******************************************************************
World Chasing U.S. Yield With 25% Deal Jump: Real Estate
Bloomberg Jun 3, 2013 9:01 PM PT
By Hui-yong Yu & Kathleen Chu
Singaporeans, South Koreans, Israelis and Norwegians are accelerating purchases of U.S. real estate as a growing economy and rebounding prices lure yield-hungry buyers from overseas.
International investors made $7.97 billion in U.S. commercial-property purchases this year through April, a 25 percent jump from the same time in 2012, according to Real Capital Analytics Inc. Their $27.5 billion in deals in all of last year was almost six times the $4.7 billion low in 2009, the research firm said.
Foreigners made 8.8 percent of U.S. commercial real estate transactions in the first four months of 2013, up from an average of 8.1 percent for the previous 10 years, according to New York-based Real Capital. The data measure direct purchases of physical buildings, not investments in funds or securities.
PRIVATIZE F & F LIKE SALLIE MAE
The difference between privatizing Sallie Mae and F & F are :
1/ Sallie Mae tooks 10 years to be fully privatized, from 1994 - 2004. Stock raised from $4 in 1994 to $40 in 2004
2/ Sallie Mae was also a GSE but was not in C-Ship
3/ Sallie Mae was privatized also in order to reduce Government guarantees in student loans
4/ Sallie Mae stocks, including Preferred & Commons, were transferred to New Entity equally 1 : 1
5/ DO NOT LISTEN TO MEDIA. THEY TRY TO MISLEAD PEOPLE , LIKE NEWS FROM BLOOMBERG JUST OUT TODAY.
6/ Although F and F currently in C-Ship, but they are making record profits. They will be restructured / transformed to a New Entity, cannot be abolished like Bloomberg's bashing as they have never filed BK. REMEMBER THAT.
7/ F and F will be combined into a New Entity based on De Marco's Proposal. In my opinion, current F and F stocks, including Preferred & Commons, will be transferred to the New Entity equally 1 : 1 just like Sallie Mae.
8/ Then the new name of the New Entity will be FANNIE MAC, symbol FMAC, I guess.
PETITION " RESTORE FAIRNESS F & F COMMONS SHAREHOLDERS "
For your benefits and for resposibility of a share holder, I am encouraging you to sign the petition as well as spread it to Facebook and / or Twitter. Thank you so much.
https://petitions.whitehouse.gov/petition/restore-fairness-fannie-mae-and-freddie-mac-common-shareholders/vYQfrKHP
PETITION " RESTORE FAIRNESS F & F COMMONS SHAREHOLDERS "
For your benefits and for resposibility of a share holder, I am encouraging you to sign the petition as well as spread it to Facebook and / or Twitter. Thank you so much.
https://petitions.whitehouse.gov/petition/restore-fairness-fannie-mae-and-freddie-mac-common-shareholders/vYQfrKHP
SELL PREFERRED, BUY COMMONS
2 weeks ago, FNMA Commons is 5.8 times cheaper than FNMA Preferred, 0.80 vs 4.60.
Today, the gap is only 2.8 times cheaper, 1.83 vs 5.06
SELL PREFERRED, BUY COMMONS
HOME SALES REPORT MAY HELP FMCC UP TODAY
*****************************************************************
Ahead of the Bell: US Home Sales
Wednesday, May 22 2013
WASHINGTON (AP) -- A report Wednesday on U.S. sales of previously occupied homes in April may show the housing recovery has crossed a critical threshold.
Economists forecast that home sales rose in April from March to a seasonally adjusted annual rate of nearly 5 million, according to a survey by FactSet. If correct, that would mark the first time the pace has reached that point in 3½ years.
The National Association of Realtors will release the report at 10 a.m. EDT Wednesday.
Sales have gradually increased over the past year, helped by solid job gains and near record-low mortgage rates. In March, they were 10.3 percent higher than a year earlier.
The housing recovery helped Home Depot Inc. post a big gain in first-quarter net income, the company said Tuesday. Its quarterly profits rose 18 percent. The company also raised its full-year revenue and earnings forecasts.
Rising demand and limited supply have encouraged builders to boost construction. Applications for building permits rose in April to the highest level in nearly five years. And U.S. builders started work on more new homes and apartments in April compared with the same month a year earlier.
.
HOME SALES REPORT MAY HELP FNMA UP TODAY
************************************************************************************************************************************
Ahead of the Bell: US Home Sales
Wednesday, May 22 2013
WASHINGTON (AP) -- A report Wednesday on U.S. sales of previously occupied homes in April may show the housing recovery has crossed a critical threshold.
Economists forecast that home sales rose in April from March to a seasonally adjusted annual rate of nearly 5 million, according to a survey by FactSet. If correct, that would mark the first time the pace has reached that point in 3½ years.
The National Association of Realtors will release the report at 10 a.m. EDT Wednesday.
Sales have gradually increased over the past year, helped by solid job gains and near record-low mortgage rates. In March, they were 10.3 percent higher than a year earlier.
The housing recovery helped Home Depot Inc. post a big gain in first-quarter net income, the company said Tuesday. Its quarterly profits rose 18 percent. The company also raised its full-year revenue and earnings forecasts.
Rising demand and limited supply have encouraged builders to boost construction. Applications for building permits rose in April to the highest level in nearly five years. And U.S. builders started work on more new homes and apartments in April compared with the same month a year earlier.
.
3 DAYS UP, 1 DAY DOWN
1/ Is it the typical trading market ?
2/ Following that formula, FMCC was up last Monday + Tuesday + Wednesday, then was down on Thursday.
After that, she was up last Friday + yesterday. FMCC will continue going up today, then pull back a bit tomorrow.
Partial of the buying today is because Buyers start to transfer funds from outside into their a/c since last Wednesday after the run of FMCC. It normally takes 3 business days for the funds ready to trade.
And today is the day that those funds are cleared to trade. That will help FMCC to run up one more day before pulling back a bit tomorrow.
Can't wait to see how high she is flying today. 6.5 hours to go.
Just my opinion
3 DAYS UP, 1 DAY DOWN
1/ Is it the typical trading market ?
2/ Following that formula, FNMA was up last Monday + Tuesday + Wednesday, then was down on Thursday.
After that, she was up last Friday + yesterday. FNMA will continue going up today, then pull back a bit tomorrow.
Partial of the buying today is because Buyers start to transfer funds from outside into their a/c since last Wednesday after the run of FNMA. It normally takes 3 business days for the funds ready to trade.
And today is the day that those funds are cleared to trade. That will help FNMA to run up one more day before pulling back a bit tomorrow.
Can't wait to see how high she is flying today. 6.5 hours to go.
Just my opinion
3 DAYS UP, 1 DAY DOWN
1/ Is it the typical trading market ?
2/ Following that formula, FNMA was up last Monday + Tuesday + Wednesday, then was down on Thursday.
After that, she was up last Friday + yesterday. FNMA will continue going up today, then pull back a bit tomorrow.
Partial of the buying today is because Buyers start to transfer funds from outside into their a/c since last Wednesday after the run of FNMA. It normally takes 3 business days for the funds ready to trade.
And today is the day that those funds are cleared to trade. That will help FNMA to run up one more day before pulling back a bit tomorrow.
Can't wait to see how high she is flying today. 6.5 hours to go.
Just my opinion
FnF GO UP ON 15th & 30th ( or 31st ) OF THE MONTH. KNOW WHY ?
Because F and F employees just wait for their paychecks to add more shares into their current holdings.
That will make F and F go up by those days. Does it make sense, folks ?
FnF GO UP ON 15th & 30th ( or 31st ) OF THE MONTH. KNOW WHY ?
Because F and F employees just wait for their paychecks to add more shares into their current holdings.
That will make F and F go up by those days. Does it make sense, folks ?
FnF GO UP ON 15th & 30th ( or 31st ) OF THE MONTH. KNOW WHY ?
Because F and F employees just wait for their paychecks to add more shares into their current holdings.
That will make F and F go up by those days. Does it make sense, folks ?
WATT'S APPOINTMENT WILL BE CONFIRMED SOON - Newest article from Reuters.
Newest article from Reuters today said that Watt starts to disclose all the investments he has and vows to divest all the shares related to banking within 90 days of moving into FHFA role.
So, keep buying FNMA & FMCC, folks. You know why ????? Because Watt divests banking stocks to invest FNMA & FMCC stocks. It is easy understood.
************************************************************************************************************************************
U.S. housing nominee vows to divest bank stock if confirmed
WASHINGTON | Thu May 16, 2013 6:37pm EDT
WASHINGTON May 16 (Reuters) - U.S. Representative Mel Watt, nominated by President Barack Obama to serve as a top housing regulator, plans to divest bank stock he owns if confirmed in the post, according to a statement filed with the Office of Government Ethics.
Watt, who has spent two decades in the U.S. House of Representatives, said he would selloff shares of Bank of America, BB&T Corp, M&F Bancorp Inc, Deutsche Bank AG and a real-estate investment trust, all within 90 days of moving into the FHFA role.
In a filing that accompanied the statement, Watt disclosed two mortgages from Wells Fargo. One is for a personal residence in Charlotte, North Carolina, and has an interest rate of 2.25 percent. The other is for a Washington home and carries a 3.875 percent rate. The mortgages were listed as being between $250,000 and $500,000.
Among the largest investments Watt listed were shares of Apple Inc worth between $50,000 and $100,000, and common stock of Caterpillar Inc worth between $15,000 and $50,000.
The disclosure forms do not give specific amounts, only ranges.
WATT'S APPOINTMENT WILL BE CONFIRMED SOON - Newest article from Reuters.
Newest article from Reiters today said that Watt starts to disclose all the investments he has nad vows to divest all the shares related to banking within 90 days of moving into FHFA role.
So, keep buying FNMA, folks. You know why ????? Because Watt divests banking stocks to invest FNMA & FMCC stocks. It is easy understood.
************************************************************************************************************************************
U.S. housing nominee vows to divest bank stock if confirmed
WASHINGTON | Thu May 16, 2013 6:37pm EDT
WASHINGTON May 16 (Reuters) - U.S. Representative Mel Watt, nominated by President Barack Obama to serve as a top housing regulator, plans to divest bank stock he owns if confirmed in the post, according to a statement filed with the Office of Government Ethics.
Watt, who has spent two decades in the U.S. House of Representatives, said he would selloff shares of Bank of America, BB&T Corp, M&F Bancorp Inc, Deutsche Bank AG and a real-estate investment trust, all within 90 days of moving into the FHFA role.
In a filing that accompanied the statement, Watt disclosed two mortgages from Wells Fargo. One is for a personal residence in Charlotte, North Carolina, and has an interest rate of 2.25 percent. The other is for a Washington home and carries a 3.875 percent rate. The mortgages were listed as being between $250,000 and $500,000.
Among the largest investments Watt listed were shares of Apple Inc worth between $50,000 and $100,000, and common stock of Caterpillar Inc worth between $15,000 and $50,000.
The disclosure forms do not give specific amounts, only ranges.
WATT'S APPOINTMENT WILL BE CONFIRMED SOON - Newest article from Reuters.
Newest article from Reiters today said that Watt starts to disclose all the investments he has nad vows to divest all the shares related to banking within 90 days of moving into FHFA role.
So, keep buying FNMA, folks. You know why ????? Because Watt divests banking stocks to invest FNMA & FMCC stocks. It is easy understood.
************************************************************************************************************************************
U.S. housing nominee vows to divest bank stock if confirmed
WASHINGTON | Thu May 16, 2013 6:37pm EDT
WASHINGTON May 16 (Reuters) - U.S. Representative Mel Watt, nominated by President Barack Obama to serve as a top housing regulator, plans to divest bank stock he owns if confirmed in the post, according to a statement filed with the Office of Government Ethics.
Watt, who has spent two decades in the U.S. House of Representatives, said he would selloff shares of Bank of America, BB&T Corp, M&F Bancorp Inc, Deutsche Bank AG and a real-estate investment trust, all within 90 days of moving into the FHFA role.
In a filing that accompanied the statement, Watt disclosed two mortgages from Wells Fargo. One is for a personal residence in Charlotte, North Carolina, and has an interest rate of 2.25 percent. The other is for a Washington home and carries a 3.875 percent rate. The mortgages were listed as being between $250,000 and $500,000.
Among the largest investments Watt listed were shares of Apple Inc worth between $50,000 and $100,000, and common stock of Caterpillar Inc worth between $15,000 and $50,000.
The disclosure forms do not give specific amounts, only ranges.
NO SUPREME NEWS UNTIL AFTER AUG 6
As we know, FNMA decided to turn 59B to Treasury as dividends by 6/30, but FMCC is still considering.
FMCC said that they may do the same to recognize more than 30B DTA in their 2nd quarter. If FMCC do that, they would annouce in their next Earning Date on Aug 6 - Aug 8.
In my opinion, after both FNMA and FMCC turn all their DTA to Treasury as dividends, Obama Administration and Congress then start to put back everything on the table to work on it to figure out how to deal with the future of the 2 Companies.
They HAVE TO take action by that time, I guess, as there is nothing left to rob FNMA and FMCC. If the 2 Companies do not have any direction to go ----- either going back to private enterprises before crisis or being privatized into a Joint-Venture ----- they may have to sell assets then file BK just like GM filed BK even after they received bailout from Government.
NO capitals to run business + NO right value traded for the shares + NO profits due to turning all to Treasury as dividends + combined 180B debt still in line -----> Selling assets then filing BK is their choice for sure.
ANY THOUGHT ???
NO SUPREME NEWS UNTIL AFTER AUG 6
As we know, FNMA decided to turn 59B to Treasury as dividends by 6/30, but FMCC is still considering.
FMCC said that they may do the same to recognize more than 30B DTA in their 2nd quarter. If FMCC do that, they would annouce in their next Earning Date on Aug 6 - Aug 8.
In my opinion, after both FNMA and FMCC turn all their DTA to Treasury as dividends, Obama Administration and Congress then start to put back everything on the table to work on it to figure out how to deal with the future of the 2 Companies.
They HAVE TO take action by that time, I guess, as there is nothing left to rob FNMA and FMCC. If the 2 Companies do not have any direction to go ----- either going back to private enterprises before crisis or being privatized into a Joint-Venture ----- they may have to sell assets then file BK just like GM filed BK even after they received bailout from Government.
NO capitals to run business + NO right value traded for the shares + NO profits due to turning all to Treasury as dividends + 117B debt still in line -----> Selling assets then filing BK is their choice for sure.
ANY THOUGHT ???