Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
"Affidavit--Supreme Court of the United States"
Can some one please post this brief for respondents?
"so much for smaller footprint"
The revolving door WS Bureaucrats in Gov and FHFA say one thing publicly and do exactly opposite quietly.
When it comes to robbing the FnF to pay Wall Street, they come up with all the slogans.
"Listen to those who are decision makers (Calabria, Mnuchin, Trump) or aligned closely to decision makers (Phillips, Pollock, ACG)."
LOL, All real decision makers are in the white house.
"Finally, just three days before their seizures, Fannie and Freddie were able to tap the capital markets for roughly $6 billion of unsecured debt in an oversubscribed offering. It was underwritten by a who’s who of Wall Street investment banks, and was given an AA+/AAA- rating. Does that sound like housing companies which the author of the op-ed claims were “on the ropes” with “no easy way out”?"
By Gary Hindes
Published August 28 2019, 9:00am EDT
-----------------------
Can FnF raise even $1B in unsecured debt under FHFA conservatoship after 11 year of continued conservatorship?
Hank and Obama administrations seized rich and profitable private companies FnF and robbed them outright.
lumpina, Thanks.
"
RumplePigSkin,
The below modified plan is correct, more realistic and benefits all.
1) generate capital organically until Dec 2019
2) release via consent decree starting Jan 2020.
3) raise capital in phases to reach capital levels set in decree
4) Dissolve consent Decree and end Gov control of FnF.
There is no need to continue conservator even now.
Why is FNMA volume almost 6-7 times FMCC volume?