is...waitin for the government to get rite for the people
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You all do realize that Tariffs are now 25% and go straigjt to Treasury. Things are being done rite and guess whos gonna be able to raise the cash to pay the taxpayer back. Its all been taken care of and the 3rd quarter it all comes full circle. Now thats some cooler head stuff
Thats because nobody would talk to gasbag. Hes a fool and is on his way out. Nobody in the housing market will talk to him anymore
Doesnt trip me out at all dude. $#%! happens. I just missed the timing by one day thats all, but on a positive note ive got shorts figured out.;)
I cant win. Lose 800 shares to these hedgie MFs and now it dips again. I cant watch
Raising 200billion in capital through an ipo is impossible. Without time or an agreement from treasury to cancel warrants and what not. Uber is raising 8 billion and that would be a feat in itself that is being described as virtually impossible.
A little skit on Obamacare. All tied in with us. I found it interesting to come out today with virtually the same timelines.
Obamacare burdened patients with high costs and too little information. @SecAzar on how the Trump Administration is putting Americans BACK in control of their healthcare ⬇️ pic.twitter.com/SRqz5NQtoI
— The White House 45 Archived (@WhiteHouse45) May 9, 2019
Tell ya rite now. Orders are gettin hard to fill. Takes time
Got out at a bad time but back in. Bad timing:(.. still woried about china and en banc
???? Relevant how
Ask yourself one question. How could the squid ever think that he could raise 200billion in capital while still in conservatorship. Investors are relying on words that are not correlating with what he can or cant do. Reality he cannot end the conservatorship on an "IF". This will have to come from higher up and have backing. Something that is just not there. There is no plan only a want
Imo the squid surprise popped up today in an attempt to prop this thing up from hitting the bottom of the barrel. Next wek he speaks again
To many underlying factors of risk to thi k this is going anywhere anymore especially with a government backstop and legislators clearly doing nothing but trying to run over the sitting in an electric vehicle. This is turning into a turd with no guarantee enough capital can even be raised. Not gonna happen on an "IF"!
Actually sold on the spike. I have no doubt I will be able to get back in another dip. This interview didnt mean didly. All he d8d was give thoughts.
That interview did nothing for my outlook. Doesnt sound promising at all. Alot of ifffffsss. Of course everyones gettin excited that someone talked about GSE jargon. S.O.S
Appreciate the comment. I agree with your rationale. I did not kno this about cramer yet I am trading as to keep loss to a minimum in this downturn and make money is the name of the game. Been here to long to sit around and not trade it. Its been like this many times before. I probly wont ever be out unless we hit big. Until then few G's here and there to play with.
Dumping here. Like a porta potty it all smells. Somebody needs to flush already. Market is dipping off tariffs and wether ya like it or not we go down with it. Hepl even Cramer says have cash on the side for the next turn and dont think he doesnt have connections to make that call! No ruling will come out for a minute and even if it did it would only make all the panic more panicky for the panickers. Its reset time its natural just like dumping.
Sold more today:(
Holding profit for another leg in
I called 1.98 earlier. We are one bad day away from being really close now. I will rebuy also just waitin a bit longer
Im B. but damn this just feels the same as it does every year that passes man. I douched the portfolio by 37% already.
Lower class minimum wage is 12.50 rite.? Are you a migrant 8-)
There gonna be in the 19s already. We are 17s. They passed us up. S.O.S!!
So what happens if nobody participates in the PC exchange. Will the platform fail?
Freddie Mac Opens Gold PC / Giant PC Exchange Offer to InvestorsGLOBENEWSWIRE - 46 MINUTES AGO
MCLEAN, Va., May 07, 2019 (GLOBE NEWSWIRE) -- Today marked another milestone for the Single Security Initiative, as Freddie Mac (FMCC) commenced its offer to investors to exchange certain eligible Freddie Mac (FMCC)securities for To-Be-Announced (TBA)-eligible Uniform Mortgage Backed Securities Mirror Certificates (UMBS). Opening the exchange offer represents the final step before the Single Security Initiative goes live on June 3. The exchange offer is described in more detail below and investors can access Freddie Mac’s Exchange Offer Circular at freddiemac.com/mbs/legal/.
The Single Security Initiative is expected to transform the U.S. housing finance industry by creating a single, $5 trillion agency TBA mortgage-backed securities market, the second largest bond market in the world, with the goal of providing greater liquidity in the U.S. housing market and reducing costs for borrowers.
“Freddie Mac Gold PC investors who want the benefit of the new single security, or UMBS, should find the exchange frictionless,” said Mark Hanson, senior vice president of securitization at Freddie Mac (FMCC). “Ultimately, our goal is a larger, more fungible secondary mortgage market, with greater liquidity for investors, better returns to U.S. taxpayers, and lower costs for homebuyers.”
Specifically, Freddie Mac (FMCC) is offering to exchange its 45-day payment delay TBA-eligible and non-TBA-eligible Gold Mortgage Participation Certificates (Gold PCs) securities for Freddie Mac (FMCC) 55-day payment delay, TBA-eligible UMBS Mirror Certificates (UMBS) and non-TBA-eligible Mortgage-Backed Securities Mirror Certificates (MBS), respectively. Freddie Mac (FMCC) is also offering to exchange its 45-day payment delay TBA-eligible and non-TBA-eligible Giant PCs for Freddie Mac(FMCC) 55-day payment delay, TBA-eligible Supers Mirror Certificates and non-TBA-eligible Giant Mortgage-Backed Securities Mirror Certificates, respectively.
Holders who participate in the exchange offer also will receive “float compensation,” a one-time payment, which is primarily intended to compensate holders for the difference in payment delay between eligible Gold PCs and Giant PCs (which have a 45-day payment delay) and the related Mirror Certificates (which have a 55-day payment delay). Investors should read the Exchange Offer Circular for the terms and conditions pertaining to Freddie Mac’s exchange offer.
Freddie Mac (FMCC) offers investors two alternative exchange paths to complete exchanges: through dealers using Freddie Mac's (FMCC) Dealer Direct portal, or directly with Freddie Mac (FMCC) as facilitated through Tradeweb. An overview of both paths and considerations for investors is available on Freddie Mac’s website.
In March and April, Freddie Mac (FMCC) successfully conducted limited exchanges from its own portfolio and with more than one dozen dealers. Investors can begin booking exchange transactions through the two exchange paths on May 7 for settlement dates beginning on May 17. Thereafter, Freddie Mac (FMCC) is planning for a transition period to help all market participants understand and prepare for exchanges. During this period, exchanges will settle T+2, and overall capacity will be limited to 10,000 exchanges per business day. Investors who prefer to hold their Freddie Mac Gold PC or Giant PC securities are not required to make an exchange. Freddie Mac (FMCC) expects to cease issuing Gold PCs after May 31, 2019.
Holders of eligible Freddie Mac Gold PC and Giant PCsecurities can find more information about the Gold PCand Giant PC exchange offer on Freddie Mac’s website. Details on the 55-day UMBS and MBS Mirror Certificates are disclosed through the Cumulative 45-Day to 55-Day Exchange Activity File, which can be found on the Exchange Data Files webpage. Freddie Mac (FMCC) is also now publishing the Daily 45-Day to 55-Day Exchange Activity and the Aggregate Level 1 Collateral Exchange Activity data files on the Exchange Data Files webpage.
This announcement is not an offer to exchange, buy or sell any Freddie Mac (FMCC) securities. Offers to exchange any given security are made only through Freddie Mac’s current Exchange Offer Circular and related supplements, which incorporate Freddie Mac's (FMCC) most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC); all other reports Freddie Mac (FMCC) files with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act), excluding any information "furnished" to the SEC on Form 8-K; and all documents that Freddie Mac (FMCC) files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, excluding any information "furnished" to the SEC on Form 8-K.
The financial and other information contained in this release and in the documents that may be accessed in this release speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac (FMCC) undertakes no obligation, and disclaims any duty, to update any of the information in those documents.
This release may contain forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, some of which are beyond the company’s control. Management’s expectations for the company’s future necessarily involve a number of assumptions, judgments and estimates, and various factors could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements. These assumptions, judgments, estimates and factors are discussed in the company’s most recent Annual Report on Form10-K, and its reports on Form 10-Q and Form 8-K, which are available on the Investor Relations page of the company’s Web site at FreddieMac.com/investors and the SEC’s website at www.sec.gov. The company undertakes no obligation to update forward-looking statements it makes to reflect events or circumstances occurring after the date of this page.
Everyone says buy buy buy but with no news we are goin lower.
Everyone says buy buy buy but with no news we are goin lower.
Fannie and Freddie investors mirror to a visitor at yosemite. We always find a way we lose our footing.
The bid/ask is moving oddly. Im not understanding it and definately not tryin too!
Remember what happened in pet cemetary when they resurrected the dead cat. Where is the transparency here!
Money taken from the taxpayer and made to disappear into Treasury coffers. We will never see it again! Those fines should be the taxpayers, Its all misdirected. Ive never 7nderstood how it is allowed on top of dividend for treasury to confiscate all these awards and nobody has ever filed suit on this.
There was no buying trend yesterday. There was more selling than buying overall.
Weve been above the penny stock standards for what 90 days now and still no burp of an IPO/A or relist
This to me clearly proves we will still be in conservatorship throughout the life of SPSA contract. Im about to be out. Only thing left for me is court rulings. Sold a portion of risk yesterday
Even 7 is better than what we have now. Unless you made the mistake of owning this when it was 7. As for the portfolio 250 B was the requirement and there is no talk of shrinking it any further. If anything now it will grow and the numbers speak for itself. Pkrtfolio is growing
BRIEF-Freddie Mac - Comprehensive Income For Q1 2019 Was $1.7 BillionREUTERS - 26 MINUTES AGO
May 1 (Reuters) - Federal Home Loan Mortgage Corp:
* FREDDIE MAC (FMCC) - COMPREHENSIVE INCOME FOR 1Q 2019 WAS $1.7 BILLION
* FREDDIE MAC (FMCC) - QTRLY NET REVENUES INCREASED 2% FROM 1Q 2018
* FREDDIE MAC (FMCC) - WILL HAVE A DIVIDEND REQUIREMENT TO TREASURY IN JUNE 2019 OF $1.7 BILLION.
* FREDDIE MAC (FMCC) - QTRLY NET REVENUES $3,404 MILLION VERSUS $3,343 MILLION
* FREDDIE MAC (FMCC) - EXPECT HOME PRICE GROWTH WILL CONTINUE IN 2019, ALTHOUGH AT A SLOWER PACE THAN IN FULL-YEAR 2018, DUE TO INCREASED SUPPLY.
* FREDDIE MAC (FMCC) - EXPECT U.S. SINGLE-FAMILY HOME PURCHASE VOLUME TO INCREASE SLIGHTLY IN 2019
* FREDDIE MAC (FMCC) - CASH AND CASH EQUIVALENTS DECREASED BY $2.4 BILLION FROM $8.6 BILLION AS OF 1Q 2018 TO $6.2 BILLION AS OF 1Q 2019
* FREDDIE MAC (FMCC) - QTRLY NET INCOME OF $1.4 BILLION
* FREDDIE MAC (FMCC) - 1Q AGGREGATE CASH DIVIDENDS PAID TO TREASURY $118,015 MILLION
* FREDDIE MAC (FMCC) - AS OF MARCH 31, 2019 TOTAL ASSETS WERE $2.09 TRILLION VERSUS $2.06 TRILLIONAS OF 2018 END
Lol I do the same.
Cant imagine the red number were gonna see tm if we dont get some good news. I think alot of people are counting on a miracle
I agree. I think a surprise is in store. Hell even GE exceeded. Which is worse and look at their price. Get Ready for the boom!
Why cant Buffey pledge 10 bilion to our new CSP ipo!
Coming down to the wire and we are signaling buyers are wanting shares badly. Stock has a real nice chance to gap up now.
GO BIG GREEN!