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Thanks!
Hi, question: what does this form mean for shareholders?
Wow. David Stevens, a longtime opponent of "recap and release" for GSEs, has flipped because of the risk of political manipulation of GSEs if they remain under government control.
— John Carney (@carney) June 8, 2023
He makes a powerful argument. Worth considering.https://t.co/lsVbzXIrga
Hi, is there a link to see the hearing in Lamberth?
TRUMP!!!
https://www.fool.com/investing/2021/12/09/3-stocks-where-donald-trump-could-be-a-catalyst/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
3. Fannie Mae and Freddie Mac
Trump has also been recently involved with the government-sponsored entities (GSEs). After the government placed Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) under conservatorship during the Great Recession, shareholders have been trying for years to get the two giant mortgage financing companies released from government control. They sued the government for requiring the two agencies to give all of their profits in the net worth sweep and also for making it overly difficult for the President to remove the director of the Federal Housing Finance Agency (FHFA), the regulator of Fannie and Freddie.
The Supreme Court earlier this year dismissed the first claim over the net worth sweep, but did not completely dismiss the challenge over the President and the FHFA director. In its opinion, the Supreme Court stated: "Or suppose that the President had made a public statement expressing displeasure with actions taken by a Director and had asserted that he would remove the Director if the statute did not stand in the way. In those situations, the statutory provision would clearly cause harm."
In November, Trump sent a letter to Sen. Rand Paul (R-Kentucky) that essentially said he would have removed former FHFA Director Mel Watt, who held the position when Trump first got elected, if he had the power to do so at the time. Trump then stated in the letter that he would have ordered Fannie and Freddie to be released from government conservatorship. The letter sent Fannie and Freddie's stock price soaring more than 25% on Nov. 30. I do wonder if this letter is too little too late. Trump was able to appoint FHFA Director Mark Calabria in 2019, who was working toward releasing Fannie and Freddie from conservatorship before he was removed. Also, the letter came after the Supreme Court case ruling. Still, the case is currently in the Fifth Circuit Court of Appeals, and it's clear that investors think the Trump letter gives them a chance.
Hi, Are you afraid of some congressional action against the GSEs during the infrastructure budget negotiation?
Hi, What happened today? Are you afraid of some congressional action against the GSEs during the infrastructure budget negotiation?
Hello, who knows if Maloni is still writing? he has not written in his blog
I not know if is important, but the judge chief of COFC was appointed by Biden this year, and appointed as judge by Obama... now I not trust.
Hello, the ruling left me puzzled, but I think that the commons have a much higher value than the current one now that we go to the COFC. my target price for commons is at least $ 10, what do you think?
Hello, is there a possibility that SCOTUS will deliver the opinion after October 2021?
But the hearing in this case was Dec-8-2020!!!
https://www.scotusblog.com/case-files/cases/henry-schein-inc-v-archer-and-white-sales-inc-2/
Given that the Supreme Court is about to rule (between the end of March and before June 2021 fines) whether the NWS is legal or illegal or stated differently whether the shareholders' claim is valid or not.
Then, the Trump government did not want to anticipate and signed an agreement conditional on the verdict of the ruling, in which it conditions the debt and its senior preferred shares of FNMA to the ruling of the Supreme Court, which will most likely be in favor of the shareholders, therefore which the debt will be considered paid and the government's senior preferred shares will be extinguished.
In conclusion,
1. If the Supreme Court rules in favor (judges pro shareholders 6 of 9) of the shareholders, the Shares will take a value of about us 20 or much more.
2. If it fails against, the value of the share is estimated at us 1 or less.
a ruling in favor of the shareholders means Defending the Concept of Private Property and Liberty. Key Principles on which the US is based.
The price of FNMA in the coming months will be volatile, but it is recommended to keep the shares since the Supreme Court can in the best of cases rule from February, since the listening was in December 2020
Hello, who know what is of Maloni? since june 2020 that not posting in his blog
Rop in MEDIATION??¡¡
https://twitter.com/FNMA_RRR/status/1340343636844830721/photo/1
Nomura Reiterates BUY FNMA
https://twitter.com/CCDE_2020/status/1338262819020697601
Hello,I think that mnuchin wants an amendment in which sweeps are eliminated but the original debt remains, and then wait for the SCOTUS ruling, if the ruling says that the sweeps is illegal, then with the return of the money the debt will be extinguished.
This is True?
Chief judge Margaret Sweeney ordered the documents unsealed by Dec 7th 2020. That’s in 4 days.
There is a Bot on Twitter republishing the news from FNMA "If you are closing a loan between now and the end of 2020, ask your lender if they can use the new limits. It is an issue regarding delivery date to FNMA or Freddie Mac." If you search for FNMA on Twitter that news is replicated many times and you cannot see the news of fnma and its price increase.
https://twitter.com/search?q=fnma&src=recent_search_click&f=live
Not Forget: Celeste Brown, FNMA's CFO delivered in yesterday's C/C a fairly detailed plan that the enterprise submitted to FHFA calling for $89 B in proposed capital based on favorable risk adjustments based on rising real estate prices, DTAs and substantial success with credit risk transfers.
With this Capital Rule, FNMA $10 by next monday
Hi, I estimate that with the capital rule, FNMA will reach $ 10