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HERA - Don’t drink the GOVT Kool-Aid !
I see so many posters on here trying to
champion HERA and the job the SEC is doing.
Give me a dam break already. For starters HERA has
not been followed for years and the SEC in relation
to Fannie and Freddie is a laughing stock.
Posters what does the following mean to you ?
1. Preserve and conserve ?
2. For that matter what does Conservatorship even
mean to posters on here ?
3. What is the SEC supposed to do when the
Director of FHFA goes out his his way to attack
existing shareholder interest in the GSE,s ?
Many complaints were filed and of course nothing was
done about it because somebody was setting back
drinking more of that GOVT Kool-Aid !
The courts are going to have to correct this and
I am hoping they actually do their jobs.
Fin Results FNMA on or about 5/6/20
Its like pulling teeth to try and get a firm date for Fin Results this company.
Was unable to find any estimated numbers worth posting.
Gasbag never misses a chance to run his
mouth !
Kthomp19 that’s GOVT Vodoo Econ Numbers !
Not sure why you don’t understand that the UST has way over 130B dollars
that belong to the GSE,s and once the courts grow a pair and force the
return of it that’s more than enough Capital for recap and release.
Give it some time and hopefully the courts will do their jobs.
Furthermore and IMO the GOVT needs to make it a rule that GSE,s need
to always own 51 % of their own company stocks. It will supercharge these companies
for the future and prevent anyone from scooping them up in a buy-out.
You appear to be a numbers guy take look at FNMA 4th Qtr Earnings. With
those earnings alone they could have purchased back every single common share
on the open market. That’s all of the Public Shares avail to buy !
So I don’t want to hear any stories that it can’t be done.
FNMA should be buying back stock Now !
The UST has the GSE,s Capital it’s just needs returned = Recap and Release.
On top of that FNMA and FMCC...SHOULD BE BUYING BACK STOCK...at these low prices.
Ask yourself the question...when will they ever get the chance again to buy back stock
at these low prices.
Several States to Re-open Soon !
Good news for Real Estate markets.
Agree...Extremely Careless Posting Yahoo Board !
We should reach Market Capitulation this Week !
Get your Dry Powder Ready.
This will help dollar cost averages.
It’s all coming back to the TBTF Banks !
Agreed.
HERA is the laughing stock of Law and Order
The Courts need to take an Axe to it !
Hopefully the courts will start hitting this really hard with an Axe and the Whole house of cards may come crumbling down. First to go should be HERA since the GOVT is not in compliance with it anyways.
Calabria could lift the Capital Restrictions with no harm done.
There are a lot of things Calabria could do to move the ball like lifting the unneeded Capital accumulation numbers. These restrictions should have never been established in the first place.
FNMA 25B
FMCC 20B
This won’t effect any court rulings or anything else.
I like FireMechanics Position !
Merging FNMA and FMCC accomplishes Nothing !
The only reason this was even suggested is that some in GOVT want to maintain control over these private enterprises to the end of time. Limiting competition in housing will create all kinds of new problems.
This is the same as merging all the car companies together. The quality of the vehicles will go straight into the trash dump.
In the end some in GOVT are petrified of losing control and not being able to manipulate anything and everything in housing.
Who took down the site for Hours ?
Fools would sell shares at 3.45
Not sure why so many people keep saying there is going to be a massive share sale. Who the hell would want to sell shares at 3.45.
Let me rephrase that only a complete idiot would want to sell shares SPO at these prices.
Only the GOVT would sell low and then have Fannie and Freddie buy back shares at 50, 60 or even 80 dollars a share. Sounds about right to me.
Cancellation of common violates HERA !
Calabria himself said cancellation of the common violates the Law.
I would rather see the Courts Decide !
The Law Must Be Followed !
Irregardless of what anyone wants the Supreme needs to follow the Law.
FHFA will screw this Up Again !
There is no doubt FHFA new affordable housing rules are going down the same road that congress did when they caused the Financial Crises.
Its the GOVT what else would you expect out of these people.
johnconnor1 You are Correct !
Video Clip Is Very Scary
IMO this is a very big problem for the GOVT if this is not settled and goes to trial.
Can you imagine all these characters involved getting subpoena into court ?
It will be a disaster for the GOVT.
The Supreme should Freeze all GSE Assets
I agree with your Post.
We need the Supreme to take all the pending court cases now (why wait until later) and settle this thing once and for all.
In the interim all non essential assets (other than day to day expenses) should be immediately frozen until further notice.
This way the stealing and further ripoffs will stop until the Supreme decides to end this GOVT SCAM.
Look at the current market cap FNMA
3.8 B Market Cap
1.2 B Shares out
Heck with the 4th QTR earnings alone FNMA can buy back all the existing common shares on the market. ALL OF THEM.
That is huge to be able to wipe the slate completely clean of commons if you can get everyone to sell. The chances of having an opportunity like that again are slim to none.
But this type of thinking is over the heads of most people.
The GSEs DO NOT need to raise Capital !
As I have said many times this drama needs to play itself out in the Courts where a huge award against the GOVT is awaiting.
Its gonna take time but it will happen. That's the capital the GSEs need to exit plus reatained earnings. Believe me you will be much happier this way.
Once again the GSEs should be buying back shares now !
GSEs should be allowed to Buy Back Shares
The GSEs should be allowed to start buying back shares now.
1. Why wait for the share price to climb before buybacks.
2. The companies need to maintain control at 51 % of the shares.
I know this type of thinking is way over the GOVT head and someone will have to sit down with them and explain it one spoonful at a time.
https://seekingalpha.com/news/3537953-fannie-freddie-gain-after-fhfa-hires-financial-adviser
Fannie Mae 5 Dollars
Freddie Mac 4.50 Dollars
You are correct Fire Mechanic !
We need a Grand Jury not a Fin Advisor !
All this phony talk about a Financial Advisor coming in to save the day is just one more Smoke Screen for the GOVT is using to distract everyone.
Here is what we really need;
1. Court Action...Court Action...Court Action
2. We need the Justice Department to get off their dead asses and call up a Grand Jury and start hauling all these characters into court one by one to stop the LIES under the Threat of Perjury Charges.
Enough of the Smoke Screens Already.
The GSEs DO NOT have a Financial Problem !
What we have here is a...Law and Order...problem with the GOVT committing many crimes against these companies. If the GOVT did not steal all the money they did these companies would be awash in massive amounts of cash.
Fraud, Conspiracy, and Theft on a Grand Scale.
Admin Does Not Have To Do Anything !
The current Admin does not have to do anything right now as long as the Courts are...Working in Concert...with them. They can hold off until early next year or if they win the election hold off years and years beyond that.
If the Courts decide to do their job anytime soon then we will see a resolution sooner rather than later.
Its the Courts that will make this happen.
Division Of Stealing Resolutions !
Hmmmmm.....The STEALING part sounds familiar.
NYSE and NASDAQ Listing Requirements !
Some slight variations may apply.
NYSE
To qualify for NYSE listing, a company must have at least 400 shareholders who own more than 100 shares of stock, have at least 1.1 million shares of publicly traded stock and have a market value of public shares of at least $40 million. The stock price must be at least $4 a share.
NASDAQ
Each company must have a minimum of 1,250,000 publicly traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more than 10% of the company. Also, the regular bid price at the time of listing must be $4.00, and there must be at least three market makers for the stock.Aug 5, 2019
Josh Rosner is correct in saying it will take very little to almost...NO EFFORT...to relist these companies now.
To Hell With Settlements !
We need all Lawsuits to press ahead at full speed and reject all court delays.
Delays are what the GOVT wants and they do not care about any of us or our families.
The only way this ends is with a Court Enforced Settlement.
All this talk about Calabria coming in to save the day...Give me a break already with this non-sense.
Earnings on or about 2/13/20
You will get confirmation when the next set of Earnings are released on or about 2/13/20. If FNMA makes 3.5 to 4 Billion and the stock does not move then you know for sure they are playing GOVT games with the stock.
Why was Calabria even Hired !
He needs to climb out from under his desk and announce the Capital Requirements.
FHFA - Let Me Steal More From YOU !
The Courts are also...ALL IN...on slowing this down. Eventually they are going to have to get off their dead asses and do their job for a change.
Its PITIFUL to see how weak the Courts have become under Chief Justice John Roberts.
STOP THESE THIEVES !
This Must Play Itself Out in The Courts !
Anything and Everything that the GOVT is now doing with relation to the GSEs needs to be stopped. If they try and sell or convert the Warrants then an Injunction needs to be filed by one or all of the ongoing Court Cases to ensure that it does not happen.
A...Tidal Wave...of new common shares is not the answer anyways. This will drive the common down to about 10 cents per share, scare any future investors as far away as possible, and create a need for a massive Negative Stock Split the likes nobody has ever seen before plus who in their right mind is going to want to convert preferreds to commons that are worth absolutely nothing !
Not only did the GOVT take a Financial Knife to the GSEs they also created Poison Pills that would try to prevent anyone from Rebuilding and Privatizing these companies. Bottom line they did not ever plan to give up that money and they did not want to ever give up control.
IMO...The GOVT...CANNOT BE TRUSTED...with any of this and now the Courts need to decide every single thing that happens to the GSEs.
Squid Boy Wasting More Time and Money !
Why do these idiots need to hire Financial Advisors to sell stock ?
Stop wasting Time and Taxpayer Money and sell it on the OPEN MARKET like everyone else does.
Make no mistake about it they are trying to pull something while nobody is looking.
What a 3 rink CIRCUS SHOW !
GOVT doing Good Job !
I see the GOVT continues to do a...Good Job...at holding down the price of the stock both FNMA and FMCC.
This brings back some bad memories years ago when I was invested in CITI. IMO CITI and others associated with the company were holding down the price of the stock in anticipation of doing a 1 for 10 Reverse Stock Split. The stock was in the 3 or 4 dollar range and just would not move higher no matter how much good news was pouring in.
From what I can remember ( 10 years ago now ) they wanted to get the stock above 5 dollars for some reason or something and they needed the price up and said they had no choice but to do the Reverse Split.
Let me tell you here and now you don't want this no matter what type of story they are trying to convince you of.
First you get the Dear John Letter from the company informing you thru in the mail..well not really a Dear John Letter but you get the point the more you read of it the more you know your getting screwed over real good.
So they did the 1 for 10 Reverse Stock Split the stock shot up temporarily and then yes it wanted to go right back down to where it started at. Its a perception thing when this happens the Investors are all saying hey this stock should be at a lower price point than it is. In the end I had to hold this stock for years longer than I ever intended too ending up with only a very small profit.
Now Squid Boy is running his mouth again about the GSEs raising Capital. How about returning the Stolen Money 1st then we will talk about raising more Capital you little POS.
Only the Courts can put a stop to all this non-sense and yes like Navy has told us many times over the GOVT is going to have to be FORCED to give back the Stolen Money.
The Supreme Court !
Mnuchin / UST / HERA...Prediction
1. Chief Justice John Roberts...He rules whatever way the wind is blowing. Should have never been put in charge of this court. ?
2. Justice Neil Gorsuch...will take the lead against HERA
3. Justice Clarence Thomas...against HERA
4. Justice Brett Kavanaugh...against HERA
5. Justice Samuel Alito...against HERA
6. Justice Stephen Breyer...?
7. Justice Ruth Ginsburg...for HERA
8. Justice Sonia Sotomayer...for HERA
9. Justice Elena Kagan...for HERA
I see 3 that will be for HERA. It takes 4 in favor of HERA in order for the court to accept the case no matter how ridiculous it is.