Tuesday, June 25, 2013 8:33:34 PM
As conservators of FnF, the FHFA has one duty, that is to return these companies to solvency. They act in the best interest of FnF, regardless of national economy, federal budget, housing market, some politicians' next election votes, etc.
In my opinion, they took a big hit with that 3rd SPSA amendment, allowing the dividend sweep (but they had to prevent future treasury draws during periods of negative profit). I think they know they've been screwed over once, and now they're clearly calling for the end of cship.
They have cautiously applauded the work of Warner and Corker to get discussion about GSE reform moving but have basically said it will not happen in the manner as currently drafted.
http://fhfa.gov/webfiles/25331/FHFAStatementonCorkerWarnerBillFinal.pdf
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM