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That’s the name of the game here
Use them (Fannie and Freddie) for Political purposes !
GOVT destroyed Fannie-Mae and Freddie-Macs value
Catman does not want to talk about the GOVT going out of its way to destroy Fannie and Freddies corporate value.
You have to want to restore these companies value not just blow out hot air about it.
You start by eliminating Mnuchin / Calabria phony liquidation preference they created out of thin air. That will restore HUGE value to both companies. Then its on to the next step.
What a piece of work that guy is.
Absolutely but only in The Twilight Zone !
Lamberth is a train-wreck waiting to happen
This guy is a complete disaster and should not even be on that court.
ST is in way over her head
This meeting will be a complete waste of time unless your on the receiving end of getting something free from Fannie Mae or Freddie Mac..
All paid GSE FHFA funding should be Returned
Any payments ever made by Fannie Mae and Freddie Mac to FHFA should be refunded and the GOVT should pay all past Fees and any future FHFA cost.
FHFA never was Independent should be-funded-by-GOVT
This whole thing is laughable thinking the FHFA was not part of the GOVT.
The Supreme was to weak to take that part of it on and or they were scared and hiding under their desk as usual.
The Twilight Zone make Billions Stock goes down !
Hmmm....still trying to figure this one out. Make billions and billions for many years now and stock goes down.
FNMA reports Net Income of 3.8 Billion
https://www.fanniemae.com/newsroom/fannie-mae-news/first-quarter-2023-financial-results
FNMA Earnings Conference Call 05/02/23 @ 08:00
Open the attachment to find the Listen Only Webcast Link
https://finance.yahoo.com/news/fannie-mae-announces-scheduled-release-133000958.html
Charlie Munger warns trouble for Banks and Commercial-Real-Estate
This guy is not an "Economics Professor" and has not won any phony "Nobel Awards" but all the same when he speaks about economic issues its a good idea to listen.
Have a wonderful day.
https://finance.yahoo.com/news/charlie-munger-warns-trouble-banks-134420195.html
Powell says SVB an Outlier Give-me-a-break-already
Mr Powel SVB was told 3 years ago to clean up their risky investments but it was all hands off because of silicon valley and the political donations pouring in from out there. No outlier here GOVT oversight decided to look the other way until it was time for them to collapse. All of this puts huge amounts of additional pressure on the remaining banks to charge higher lending Fees on the mortgage businesses.
Mr Powell you like to run your mouth but what the hell were you doing about this bank back in 2019 ?
https://finance.yahoo.com/news/powell-silicon-valley-bank-was-an-outlier-200801342.html
The Supreme should not have taken the case
They want to play more games with the Constitution.
Supreme has no problem doing an end-around-the-Constitution
They've made it up out of the clear blue sky before what's going to stop them now from playing the same game.
Its obvious the Supreme wants to change-the-ruling
The Supreme is all about big GOVT and wants to continue to violate the Constitution. Don't forget this court is headed by clown boy roberts.
https://finance.yahoo.com/news/u-supreme-court-hear-consumer-143845427.html
More Credit loss reserves to offset Freeloader Housing
That money will definitely be siphoned off to prop up the administrations Freeloader Housing Schemes.
Don't forget what those were sold for
To get them back at a fraction of the cost on the open market would be a huge boom for the bottom line of the companies.
Incoming Earnings Report FNMA on 02/14/23
https://finance.yahoo.com/news/fannie-mae-announces-scheduled-release-170000429.html
GOVT needs to-buy-out JPS on-the-open-market
All the JPS shares should be bought at a tiny fraction of the cost on the open market so they can get rid of JPS.
Fannie Mae and Freddie Mac will be much stronger after the transaction.
FNMA/FMCC Earnings Report this Week
Earnings alert from Fidelity.
This happened during the volume outage yesterday
Maybe the computers were all down who the hell knows what's going on with these people.
It appears now the phones are back online later in the day.
No contact at Fannie-Mae or Freddie-Mac Investor Relations
Attempted to contact Fannie Mae and Freddie Mac investor relations today and found that the phone contacts provided were no longer in service. That's strange since those phone numbers are posted right on their web pages.
https://www.fanniemae.com/about-us/investor-relations/investor-contact-information
https://www.freddiemac.com/investors/contact
Reform is another name for Rip-OFF Scheme
The reform scheme is all about how can we steal more from Fannie Mae and Freddie Mac.
This way the GOVT can keep giving out more Freeloader handout money.
Do you even know what a Reverse-Split-Is ?
Long and Strong Fannie Mae / Freddie Mac
FNMA and FMCC should purchase JPS on-the-open-market
Can be bought at a fraction of the cost to finally get rid of this debt.
This will open the door for a faster release into the private market for both companies. Keep in mind the GSEs sell and repurchase debt obligations all the time.
Yes this type of thinking is way way over FHFAs / UST heads.
I don't believe a word of it
Commons will do very well into the future.
Supreme already said they-can-do-whatever-they-want
The letter agreements mean nothing when the Supreme has given them the green light to freelance.
The courts are very very weak at this point in time.
GOVT is too stupid to buy JPS on-the-open-market
Why not buy it for practically nothing right now on the open market. This is exactly why FHFA / UST are embarrassments to the American People.
I would Fire her immediately
If I was in charge.
I agree with your position - so true
Why invest in any GOVT securities ever again considering what they have done here.
You are the man with no name
Completely Disagree
The GOVT agency FHFA is looking out for its own skin. They all want to stay on the payroll no matter how much destruction is caused in the process.
Roberts a train wreak waiting to happen
The last thing we need is someone running that court that...WILL NOT...protect Constitutional Rights.
Supreme is still hiding under a desk
and afraid to do their jobs as usual.
Janet Yellens major speech about Twitter
https://finance.yahoo.com/news/u-treasury-yellen-twitter-held-164644811.html
I wonder if she spends any time working on Treasury related items like the stealing of capital from Fannie Mae and Freddie Mac not to mention the National Debt ?
Catboys mouth comes back to haunt him
He fit in well in DC with the rest of the Swamp Rats.
Support levels FNMA .43 and FMCC .42
According to the 5 Year Chart
https://finance.yahoo.com/quote/FNMA?p=FNMA
https://finance.yahoo.com/quote/FMCC?p=FMCC
Fifth Circuit - Good Job
Its a miracle
We finally found a Court that wants to do their jobs - hip hip hooray !
Calabria got canned long ago why is he so all the sudden concerned about FHA ?
Did a Trial really even happen in Lamberth
How can you have a realistic Trial when Lamberth omits important evidence. IMO the entire proceedings there were a farce. Its laughable when things like *** Death Spiral *** are not even allowed to be mentioned.
As far as the Capital is concerned the 10Q says that FNMA Net Worth increased to 58.8 Billion as of Sep 30, 2020. However I do agree with you the current Capital structure is like standing on a trap door with a noose around your neck.
I look forward to seeing Collins back at the 5th Circuit and most likely the only source of relief from the courts.