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.
The remedy is very clear
No retained earnings while Watt was in charge. All those siphoned off
earnings to the treasury have to be returned to the GSEs.
About 2 years worth of earnings.
I would ask for a lot more than just those 2 years of earnings.
They are like cockroaches get out the Raid
Spray them down real good to get rid of them.
Earnings should be solid again this QTR
We just need to get ride of the GOVT leeches who like to steal money that does not belong to them.
Will Trump save the day one-more-time
We shall see !
Thompson must have known about letter some-time-ago
He must have had his brief written and ready to go then the news broke today and that must have been his green light.
Their members are very diverse
If they like they will definitely find a way to buy.
Just like crypto you have to find a way to buy it.
This needs to be Forwarded to Robinhood
Great Job !
Plaintiff's now have the last piece-of-the-puzzle
The case in the 5th circuit can now move forward.
That's the 64 Thousand Dollar question
How badly will the courts carve all this non-sense up and how much will the damage totals be for everyone involved.
Its all about Damage awards now
Well it will take a team of lawyers to figure out how much damage was done to Common Holders and Damages that were done to JPS holders.
Judge Gorsuch - you now have your proof !
Fannie and Freddie need to buy-back the warrants
End of that story.
More revenue for Fannie and Freddie on-the-way
Fannie Mae, Freddie Mac to Back High-Cost Home Loans of Nearly $1 Million
https://finance.yahoo.com/m/c45c429a-018e-376f-b543-47a47a4bea74/fannie-mae-freddie-mac-to.html
We now have a clear shot at winning-a-court-case
China Virus having a direct impact on-stocks-today
GOVT wants another Welfare Program
They want to turn Fannie and Freddie into another free-handout GOVT
Welfare give-away plan.
Make absolutely no mistake about it they will suck every penny they can out of these private companies before its all over.
Must be correct they are on the-most-actives-list
Volume thru the roof.
https://finance.yahoo.com/most-active
Here is the Stress Test read-it for yourself
They already have the needed Capital to exit the Phoney Conservatorship.
Yes there is alot of oversight going on here so the numbers are bulletproof.
https://www.fhfa.gov/AboutUs/Reports/ReportDocuments/Final_2021-Public-Disclosures_FHFA_SA.pdf
The GSEs are already fully capitalized
Calabria tried to hide the truth but it came out anyways about the stress test. Like I have always said his Capital Rule was phoney from Day 1.
We need Mexico to open a shipping port just south of the border to complete with California.
There wont be any more container ships waiting off the coast to get unloaded.
Problem solved for good.
Right the Wrong - Give me a break !
Nobody has been wronged...If you get off your a**, get an education, then get a job like everyone else, then you can afford to go out and purchase a home.
Even if you give away homes for free what is going to happen next ? Who is going to pay the utilities, the taxes, who is going to pay for health insurance, who is going to buy the food ? The is nuts and ALWAYS ends in failure.
This admin will try to suck, steal, heist every penny possible from the GSEs. This has been their plan all along.
No disrespect but Glen Bradford's fantasies of this admin coming up with a plan for release is lunacy at its best.
It appears the only thing that will stop this circus show is a Constitutional case. Most likely all others will be cast aside.
HERA continues to-be the Laughing Stock of Law/Order
The GOVT ( including the coward courts ) follows HERA when they want to and completely ignores it when they want to.
Its tantamount to Fraud what FHFA wants-to-do
Having Fannie and Freddie manipulate financial records so someone can get a loan that they are not really qualified for.
I know its crazy.
Anyways I enjoy reading your post. You always have lots of good information to absorb.
Its the GOVTs Job to provide these Prop-Up-Programs
Fannie Mae and Freddie Mac are not the GOVT and have no business getting involved in these type of programs / schemes.
Brilliant idea hide the no payments !
What as clown show FHFA is trying to run.
Approved 500M in 4th/QTR share-buybacks 2.5B future buybacks
I see the Marathon Oil Corporations BOD have authorized huge buybacks going forward
1. 200M already bought back
2. 500M in buybacks in the 4th QTR
3. Total of 2.5B worth of buybacks authorized going forward.
I like how 2022 is shaping up for MRO.
$18 by years end and $22 in 2022
If everything remains the same I see the stock moving to $18 by years end and with the companies stated commitment to shareholders should see $22 sometime in 2022.
Long and Strong...(MRO)
The Court ROUZE concerning Direct or Indirect Claims
This is all nothing more than a tactic used by the GOVT in order to play out this game against Fannie and Freddie equity holders.
The scheme being played out of I don't know if its Direct or Indirect Claim has worked for many years now. Its all about buying time and trying to wear out the plaintiffs.
The truth - all of these lawsuits are both Direct and Indirect. Lets see how much longer the courts can LIE their way thru this.
This happens ALOT in real estate
Of course most people don't have any patience so they buy immediately and end up not happy with the purchase.
Then they want to backtrack to make the house into what they really wanted in the first place and the remodeling starts.
The next problem is when do you stop the remodeling - For some people that is a 64K dollar question. I had a family member (uncle) go bankrupt twice purchasing two different homes that he could not stop with the upgrades to the houses. Yes it happens.
GOVT is petrified of ending phoney Conservatorship
FHFA who is the GOVT needs to be funded by the GOVT that way congress can defund and get rid of these clowns.
I'm still not sure why they call it a Conservatorship since their goal is not to conserve anything.
Clark is definitely Mr. Funny Facts
I seen that one along time ago.
I see Petrobras of Brazil just posted earnings smashing profit and margin estimates across the board. That company is worth incredible amounts of money with a Market Cap of 383b. The dividend is at 3.22 (10.99%).
Lets listen to the earnings call to see what MRO has planned for investors. IMO the dividend needs some work to at least to get it up to where its keeping up with inflation. Right now for example if the stock would remain at 16 dollars all next year you would be loosing money keeping it because of the low dividend.
My price target for 2022 is at 22 dollars.
Only the best to all of you.
A good job is way better than free-handouts
Don't know how to run the country well then lets just jack up taxes, start giving away free hand-outs all over the place so we have the appearance that were getting something done. What a bunch of rejects !
I will say it again both Catboy and Thompson are in way over there heads. Its like watching one of those old re-run 3 stooges cartoon shows.
Catboy...Thompson...Yellen
Navy do you have total retained earnings both-companies ?
GOVT is doing everything possible to-prevent-release
My take on this investment is once the GSEs get past the half-way mark of Catboys phoney Cap Rule then we will see the price start to move up nicely.
Ah yes the light at the end of the tunnel will be insight.
I own approx. 150k shares of FNMA and FMCC plus I also own FNMAS. All of my major investments are in the energy sector MRO, MPLX, RIG and Misc contracts.
Earnings estimates FNMA over 4.5b FMCC over 2.75b
Once again Thompson is in way over-her-head
These people are lost big-time !
If GOVT will release Courts will likely moot-remaining-cases
This is an easy way out for the courts to not do their jobs one more time to moot all the remaining cases.
I know the cowards way out of doing their jobs.
I seen the same thing earlier today
Fidelity was showing a difference of a few days but FMCC then changed the reporting date just today.
Not sure if there is anything going on.
Navy FMCC changed the reporting date wonder why ?
Maybe they have a joint announcement to be made or something on Friday ?
That tells all of us the GOVT LIED
The end game was to have Fannie and Freddie be the washing machine that cleaned up all the bad loans that were made by the TBTF banks.
And you know what you would think somebody in the GOVT would be grateful for this duty they performed.
GSEs just passed the stress test by-a-wide-margin.
I'm concerned about anything to do with a downturn also but the stress test showed the GSEs can make it in good order.