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Could be people moving from California to America............
An appeal can only address a matter/ruling of Law for this litigation. A question of fact cant be appealed. If the government does appeal so be it. Our attorneys should appeal judge fatty's ruling on the very limited scope of damages in the pennies............ Liability has been decided, we need correction on the scope of damages caused by all the government BS all this time. If we appeal that, government should have some much bigger concerns....... I have been holding/accumulating since 8/2009.
Key words .........."in good faith"?
No, cant start a jury trial without a jury............
Must be time for you to stop being a Richard.
that's what I said.......just trying to determine why jury verdict would not be shortly after trial.......
Hello Navy
Question here........if a jury trial in July, why would results not be in after jury deliberations?
Lamberth would rule on matter of law in summary judgment prior to having the trial. Any thoughts?
Thx
I have TD accounts and just received my notices in the mail yesterday..........
I have both FNMA and FMCC. Are most people staying in the FMCC class action or opting out?
Thx for any thought on this........
Ok CBS, anything you say........
Did this 110M sell of shares happen recently?
At year end 2021, Growth Fund of America/Capital Group/American Funds looks to hold 37,644,295 shares of FNMA and 48,301,014 of FMCC.
I am positive he will be negative on this or any other F&F topic......
Not really.......just by you and all the other alias's you have. Just too funny that you think everyone does not know this.
Posted an hour ago by Rodney on Yahoo....
What we need from the 5th Circuit is a calculated backward relief, undo the crime of the third amendment Net Worth Sweep. The question, what was crime committed?
THE CRIME: The Senior Preferred Stock was not a perpetual equity investment before the NWS took place. Perpetual Dividend, No the SPS has not received a dividend payment under the 2008 agreement when the companies were taken over; All the money sent to the Treasury should be credited to the pay off of the Liquidation Preference and cancel the SPS. The SPS can be thought of as a kind of bond with a coupon amount of 10%, the SPS is not Common Stock.
I have heard it stated over the years the SPSPA is a perpetual equity investment; this statement is not true under the 2008 Optional Pay Down Of The Liquidation Preference. This document can be found on the Treasury’s web site. The money was forced on the GSE's by the Treasury and all the money has been paid back.
Document from Treasury of The United States of America
Variable Liquidation Preference Senior Preferred Stock, Series 2008-2
OPTIONAL PAY DOWN OF LIQUIDATION PREFERENCE
Page 3 Quote:
“the company may pay down the Liquidation Preference of all outstanding shares of the Senior Preferred Stock pro rata, at any time, in whole or in part, out of the funds legally available therefor with such payment first being used to reduce any accrued and unpaid dividends previously added to the Liquidation Preference to Section 8 below.” End of Quote.
Page 3 and 4 Quote:
“If after termination of the Commitment the Company pays down the Liquidation Preference of each outstanding share of Senior Preferred Stock in full, such shares shall be deemed to have been redeemed as of the date of such payment, and the dividend that would otherwise be payable for the Dividend Period ending on the pay down date will be paid on such date. Following such deemed redemption, the shares of the Senior Preferred Stock shall no longer be deemed to be outstanding, and all rights of the holders thereof as holder of the Senior Preferred Stock shall cease, with respect to shares so redeemed, other than the right to receive the pay down amount (which shall include the final dividend for such shares). ANY SHARES OF THE SENOR PREFERRED STOCK WHICH SHALL HAVE BEEN SO REDEEMED, AFTER SUCH REDEMPTION, SHALL NO LONGER HAVE THE STATUS OF AUTHORIZED, ISSUED OR OUTSTANDING SHARES.” End of Quote
Anyone have an thoughts on this posted by CBS on MeWe group?
https://www.prnewswire.com/news-releases/fannie-mae-announces-tender-offer-for-any-and-all-of-certain-cas-debt-notes-301424020.html
He has imaginary shares.........
and you motive to be here and tell us this is, what?
and when things are not so good, the board pessimists/JPS holders and shorter's show back up, huh?
So you expected the banana republic type SCOTUS opinion on what a conservator is allowed to do. WOW, why didn't you share the depth of your great insight here? Or maybe your 20/20 hindsight shows us your real motives?
Remand to lower courts will take more time. That alone will distance owners of this stock. Does not mean they sold and accepted a loss.......
They all seem to be from different Yahoo posters.......
I have noted you seem to cut comments from Yahoo Finance FNMA board and paste them here under your name.
See below from Yahoo Finance Board today......
Chan4 hours ago
I thought FNMA was going to be my retirement , but then well, it turned just as a nightmare!!! GLTUA
In every lawsuit there must be liability and damages. Government found liable in actions against AIG but no damages as they were bankrupt.
I agree, big difference with F&F. Hope this is our week. I have owned since January 2009.
Capital Bank and Trust/American Funds have 143M shares. Check out % of institutional ownership on Fannie.....guess they are not professionals, huh?
SCOTUS ruling with remand and direction to lower courts for damages = Settlement by government
At this point, it is going as planned. SCOTUS pending.....short wait now.
All you see, hear and say about F&F is negative.
Then do us all a favor and come back in June...........thx
You "own" this stock and focus on everything and anything negative about your stock. That tells us a lot......
Oh, the market speaks to you after it happens.......I better understand now. Makes perfect sense.......
Did you not say there would be a walk down of the share price? Guess the market tells you things like this......wow
I would start with profitability of F&F, share counts and layer in some SCOTUS with a side order of pending trials ....Yum
He is here because he wont sell his imaginary shares.......
You seem to know everthing...........
I recall you said that we should not speculate on when SCOTUS opinion will come out.......but seems you can speculate as to share price....got it.
the Supreme Court will rule within 60 days or less that at a minimum should break the political and legal logjam here with:
• Providing direction to lower courts on critical matters of law
• Ending NWS and the governments voodoo accounting
• Providing political cover for current administration
• Helping expedite release and relisting
• Foster potential settlement
How can any of this not be encouraging based on where we are as shareholders?
Yes, it is. Try to pay attention...........
of course not Skepi, as you know everything negative about about F&F 24/7
And you are speculating no opinion tomorrow, so you can also find something else to do as well .........
coming from rear view mirror Skepi. It is 2021, year of the SCOTUS.......
More valuable negative insight from Skepi......
A realist should know up is better than down.........that simple