is…loving life
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Great find, thank you for posting; language does matter! Article says 9:30 CT is that pm or was it published this morning?
We are the American Public and my guess is enough know. All.... No... but enough.
J - what makes u think it will be adopted? Curious, because It seems to me like it is just the recent flavor of the week... with new documents on their way, new law suits and pressure to end Obamacare, this may be settled without any congressional/banking "plan"...
Correct. The issue is that this board is for FNMA not FNMAS and at times, whether you wish to acknowledge it or not, it is irritating to filter through those with FNMAS centric posts. It is a moot point - no one will listen and move to the FNMAS board. People with both, I get...
Not down on P's just like others, tired of P's pushing an agenda. And btw - some retails have big bucks invested!!! Good luck to u either way!
Lol... they can't help themselves, they subconsciously (or in some cases consciously) want us to jump ship and raise their pp !
Long awaited fun; can't wait!!!
Quick question - It lists FHFA, Mel Watt and then US Treasury specifically as defendants... are you sure if he left the role he wouldn't be responsible for his past actions towards FnF?
Great seeing u back Crawford! No reason to sell... we r in better shape than we have been in years!!! Time will hopefully reveal the honest amongst the corrupt and FnF will be restored and released!
Put in a lot of guts.... hoping glory is on its way !!!
Colorado in a similar scenario
Subtle indications of allowing FnF to start re-cap....
Lol... thanks for the morning fun! Have a great day!
Looks like Article was written yesterday... why dip tomorrow?
U seem to have a lo of negative slants Clark...
Wow... lots here... thank you for posting!
Several good chunks in there... her are two I liked:
"But now that Mnuchin is back to the District Court on remand, it should take those documents into account in making its decision on the validity of the plaintiff’s surviving contract claims."
"Most of the commentators who read the documents thought that they revealed that Treasury and FHFA had a full knowledge that the GSEs had turned the corner into positive territory when the NWS was adopted"
This one brings up a few questions for me.... need to research the Loretto case a little...
"If these cases are treated as direct expropriation of funds, governed by the per se rule in Loretto v. Teleprompter Manhattan CATV Corp. the bad faith of the government should not matter. But, if, as thus far has been the case, the NWS is evaluated under the more flexible doctrine of Penn Central Transportation Company v. City of New York this evidence fills any gap in the plaintiff’s case. Penn Central requires an explicit examination of the government reasons for imposing the sweep. The Treasury’s bad faith of the government overrides any potential government justification for making these shareholders bear a disproportionate share of funding general government activities. In the language of Penn Central, the NWS “has interfered with distinct investment-backed expectations,” without reference to any traditional police power concerns with health and safety. As Justice Holmes quipped in Pennsylvania Coal v. Mahon “a strong public desire to improve the public condition is not enough to warrant achieving the desire by a shorter cut than the constitutional way of paying for the change.” The government has meet its financial needs from general revenues, not by picking the pocket of the private shareholders. The takings claim therefore should be solidified by the release of these documents."
Six months (essentially two payments) while extremely distracted vs CREATING the 100% Net Sweep and taking over four years of payments.... come on ZZ.... ,-)
ZZ.. all things must (and will) come to an end. None of us know for sure what will happen with Obama Care (ACA), payments, re-cap, release etc... it is all speculation at this point. Trump has had a ton of priorities and he likes control over all of the "BHAG's" let's hope no more payments take place !
lol... i agree... all in lower case
Any Class action law suits for investors.... we were robbed!
I agree on illegal intent - it blows me away! People making themselves and their buddies rich... gives deeper meaning to "you scratch my back, I'll scratch yours"... ugly way to run a country that is suppose to be "by the people for the people"!
Wondering if Trump's tweets today would indicate his willingness to let OC implode by cutting funding from FnF?
It is pure speculation and over the years I have come to fully appreciate what that means! I am so disappointed in our governments potential for corruption! Having spent my adult life traveling (a bunch of variety) my eyes are now opened to how similar governments really are - crooked self serving narcissists... heartbreaking! I am an optimist at heart and was blinded until Fannie / Freddie!
It is a sad... one of my business mentors told me to consider never working with a company heavily regulated or dependent upon our government.... he also mentioned avoiding investments in businesses under significant government control. His experience is government officials often make poor decisions for irrational/ignorant reason that can't be predicted by applying logic. He warned me on several occasions to only invest moneys in FnF I was willing to loose, for it is a "gamble"... I feel like, on some level, we all know this... and yet we are here for me, I believe in the idea of justice prevailing.... but it is getting harder.
Wishing u the best!
Thanks for your reply, have a great weekend!
Thank you! Have a great night...
He has to, correct?
Really...? That would be good news... more waiting. I keep thinking Mnuchin will take some positive steps but the healthcare bill and new tax plan stuff are really delaying our happy ending!
Lol!!!
"Obi" true... we need his wisdom
I try so hard to be positive but damn... this bites!
Is there any chance... they are throwing it back into his court to give him an opportunity to make it "right" so he doesn't end up with a tainted legacy???
Seriously, this guy hasn't retired... any chance he has he pissed off the Clintons? Okay... that last part is mean... but WTH!
Smart thinking!
Thank you, lol, I do get that part just wondered if something else had come out. News seems to be moving quickly on FNF lately!
Have a great night CH
What did I miss? Why did it happen?
Thank you!
Hi Obiterdictum - hope all is well!!
I also hope ur having a great week and enjoying some of the attention FNF are getting in news.
Looking forward to this statement being true!
Loved it - hope it gets more play! 100B - give it back!
Awesome! Waiting patiently....
That part was freaky. I never had a super clear understanding of receivership until reading the draft!
That would work !
Agreed!!!