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LuLeVan

01/08/23 8:30 AM

#743893 RE: Guido2 #743887

Isn’t recommending exercise of warrants and converting the Overpaid SPS endorsing the Swindle?


Even Tim Howard recommends exercising the warrants in his latest article. Do you consider him a "swindler" as well?

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https://howardonmortgagefinance.com/2023/01/04/a-political-problem/

Through exercising the warrants, bringing Fannie and Freddie out of conservatorship with a capital standard that allows them to price their business on an economic basis, and then selling the shares from its warrant conversion, the Biden administration could capture a very large portion of that $220 billion potential value for itself for whatever purposes it wishes, including an affordable housing fund.

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amelia43

01/08/23 1:43 PM

#743915 RE: Guido2 #743887

Guido, not disagreeing with you but how are you fighting this on an individual level? Writing and posting on this no barrier to entry board does not qualify as fighting.

If you have other direct ways such as throwing some rotten eggs at DeMarco I'd be happy to join you.

Otherwise we can't fight this on an individual level. We have yet to win a thing in court. We ate at 40 cents and barely hanging on.