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bill to expand federal oversight , this bill automatically will keep Chevron deference away from federal oversight in housing market.
Obama care has nothing to do with gses.
Every time mnuchin spoke the word Obama care , he smiled inside of him.
In financial crisis of 08 , government used 700 billions to bail out all tbtf.
But where did $700 billions come from? China
https://www.globaltimes.cn/content/1170724.shtml#:~:text=China%20pulled%20the%20US%20out%20of%20the%202008,on%20Thursday%2C%20saying%20that%20China%27s%20opening-up%20is%20win-win.
So spspa was acting as a Bridge to allow all money flow out to pay bond of $700 billions from China
Now China needs help
The Biden Administration Is Preparing to Bail China Out | Opinion
Published Sep 06, 2024 at 9:38 AM EDT
Our topic is spspa !
What is the purpose of spspa ?
The purpose of spspa is to protect bond debt securities which Freddie Mac delisted on June.
For the past 16 years, all president administration didn't want to delist the bond.
Now that bond was out of the picture,
Do we still need spspa to protect the bond ?
If all president administration didn't want to delist bond. Who ordered to delist bond ?
It must be Lamberth.
Spspa can only be sold before 8-0 verdicts.
Verdicts are the verdicts, now waiting for Lamberth for what he has to rule on.
I truly support your opinion.
It will be up. Why ?
US Fed to announce cut on Wednesday
GLOBAL ECONOMY: Policymakers have a choice of a small 25 basis-point cut or a bold cut of 50 basis points, which would help the labor market, but might reignite inflation
Former Trump administration figures and bankers have been discussing plans on ending U.S. government control of the mortgage-finance giants should Trump win the presidential election, according to people familiar with the matter. The talks have been under way since at least this past spring and include reaching out to investment managers for advice on how to get the deal done.
The key phrase says quote " should Trump win the presidential election"
In other words if trump will win the presidential election, then Trump will put this plans on ending conservatorship to work.
This should prompt the potential Harris admin to do something similar , or else Harris will become Hillary Clinton number two in 2016 election.
In 2016 election, Hillary Clinton emails were the strategy which allowed trump to win 2016 election.
Now trump is using Fannie and Freddie as his strategy to win the 2024 election.
Most of the stocks are green.
During first trial and second trial, defendants expressed a quote saying " we are maximizing value for shareholders"
Many times !
Cutting interest rates will benefit all of us
I like it too
Debt= $35 trillion
Equity from secondary mortgage market is worth about $32 trillion .
We already knew that government owned a huge equity in secondary mortgage market, because government has been buying MBS all the time.
Question
Do you think that government will be willing to lose all equity worth of $32 trillion by cutting the interest rates?
How many times does federal reserve mention cutting interest rates?
More than 10 times.
Bouncing back up !
Interest rates cut is now off the table.
All stocks are red
Thank
Under court order!
Under court order, bod of Fannie and Freddie are releasing from conservatorship.
Fhfa is fired and has no power
Under administration
Fhfa is still taking full control
What has Warren Buffett’s investment strategy been over the decades?
Warren Buffett’s investment strategy has remained relatively consistent over the decades, centered around the principle of value investing. This approach involves finding undervalued companies with strong potential for growth and investing in them for the long term.
You just read Warren Buffett 's investment strategy.
The main key part are to find
Undervalued companies with strong potential for growth and investing in them for the long term.
Question??
Are Fannie Mae and Freddie Mac undervalued ?
How are/were the growth of Fannie Mae and Freddie Mac in the last 16 years?
You tell me.....
His whale horn is from a 99 cent store.
I don't have full access to this article
https://www.nationalmortgagenews.com/opinion/a-housing-and-economic-recovery-act-report-card-16-years-later
1. Back in April, Freddie Mac filed an official proposal with the Federal Housing Finance Agency, asking for permission to enter into the secondary mortgage and home equity loans market.
U.S. homeowners have around $32 trillion in home equity, while outstanding home equity loans only amount to around $400 billion.
Already, Wall Street analysts like Meredith Whitney, founder and CEO of Meredith Whitney Advisory Group, have praised the proposal, writing in the Financial Times that: “As early as this summer, a proposed move [by Freddie Mac] could begin to unleash almost $1 trillion into consumers’ wallets. By the autumn, it could be on its way to $2 trillion.”
2. Freddie Mac already delisted bond debt securities
What will happen next in this September to November ?
Are warrant and spspa still standing our way ?
To answer this question, then we have to ask ourselves two more questions.
1. 8-0 verdicts against warrant and spspa.
Is Lamberth done or has Lamberth finalize with final judgement on spspa yet ?
Answer: no
2. In the democracy of USA through a financial crisis, presidents never defaults to the bonds.
If presidents never want to default to bond , who gave Freddie Mac an authority to delist bond debt securities before the expiration date if 2025 ?
Who ?
Is it president ?
It's not president
Is it the court ?
You tell me......
One more thing !!
It's called power of attorney.
Federal reserve appointed Black rock to purchase, sell, convert, exchange and so on..
Pps should be $325 per share.
To prove that patswill correct, we need to do our own research by digging deep down further.
What is MBB ?
Who own this MBB ?
About MBB
Fund Home Page
The iShares MBS ETF (MBB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade mortgage pass-through securities. The index includes fixed and floating rate securities issued by GNMA, FNMA and FHLMC. MBB was launched on Mar 13, 2007 and is issued by BlackRock.
By looking at the holdings, then we will clearly see who is owning.
https://stockanalysis.com/etf/mbb/holdings/
Please you should be able to do your own DD.
Read all about it!
http://gsebondantitrustsettlement.com/
I think it's green today
top Federal Reserve official warned Wednesday that the Fed needs to cut its key interest rate before the job market weakened further or it would risk moving too late and potentially imperil the economy.
Yes ! Shakeout never ends !
Cutting interest rates will cause bonds and stocks to go higher
A top Federal Reserve official warned Wednesday that the Fed needs to cut its key interest rate before the job market weakened further or it would risk moving too late and potentially imperil the economy.
I think that market has already shaken out some retail investors.
Many had thought that it would go all the way down to $1 or less
1. Biden trade = before 2025
2. Lamberth trade = before 2025
If it is Lamberth trade then Lamberth might give an order to fhfa to exit conservatorship to resolve shareholder contracts.
Wall St Week Ahead: Wild week in US stocks leaves investors braced for more
https://www.reuters.com/markets/us/wall-st-week-ahead-rollercoaster-week-us-stocks-leaves-investors-braced-bumps-2024-08-09/
Clients could not login during selling off .
Banking crisis caused by four problems.
1. Investors did not want MBS pool with interest rate at 3% during 2021 , because investors earned less money with low interest rates.
Instead investors want MBS pool with higher interest rates, because they earn much higher than lowest interest rates.
2. All Treasury Bonds are all time low due to higher interest rates due inflation from Ukraine war
All kanks continue to hold. Can't sell !
3. Landlords of commercial real estates are defaulting on commercial loans
Charles Schwab has two different businesses.
1. Bank
I leave it blank
2. Broker
I leave it blank
It's over now
We made it.
From time to time, both fhfa and mnuchin always repeated many times that Congress must involve in order to exit conservatorship. Why?
Executive power alone will have no force over another branch of judicial.
However with both legislative branch and executive branch, they have power over judicial branch.