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Dollars1

05/02/14 9:53 PM

#210625 RE: RickNagra #210624

Hmm. I don't think the Treasury is going to win that argument. I think the highly paid, most esteemed D.C. lawyers will have to straighten out that part.

Dollars1

05/02/14 10:11 PM

#210627 RE: RickNagra #210624

Do you believe that they can be released by court order or by the FHFA director?

Dax1

05/03/14 12:37 AM

#210644 RE: RickNagra #210624

If treasury,FHFA, clam up and says we don't have authority to release from conservatorship, but one of the courts orders the 3rd ammendment sweep thrown out! so GSEs can keep all profits wouldn't that alone cause PPS to rise dramatically, just due to normal market persuasions. even though they would be under conservatorship.

Donotunderstand

05/03/14 7:59 AM

#210658 RE: RickNagra #210624

From where I sit it is not if there is 1 Billion a quarter of profit moved to Treas or 20 Billion

The issue is that one side of a deal (Executive) changed the terms massively and the F and F side of the deal did not argue because they were one and the same side (As I understand that is part of the argument right now - to stay in front of Sweeny)