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Federal National Mortgage Association Message Board

  • hillaryha64 hillaryha64 Mar 9, 2013 12:58 PM Flag

    The MAIN reason why FNMA delays 4th Quarter 2012 Earning Release

    In my opinion, the main reason why FNMA delays 4th Quarter 2012 Earning Release because The Congress and Obama Administration is currently quietly reviewing the Proposal of De Marco regarding the Merge of
    Fannie - Freddie .

    Sorry for all my friends, FNMA fans, including tommer + dell + raminvestor, although you guys like it or not, but in my view, the Proposal will be pass soon.

    De Marco writes the Proposal with the goal of

    1/ Ending Conservatorship now to re-structure the business

    Without such a Proposal, do you guys think Removal Of Conservatorship at this moment is easily passed by The House , the 1st door controlled by Republicans ? Ah Oh, I doubt it.

    2/ Cutting cost from the Merge to pay off the combined debt to Treasury ASAP

    3/ Uniform the business to easy control to avoid the finance crisis in the future

    In my opinion,

    1/ If the Commons still value through the Merge, we would be fine. So, why you guys oppose it ?

    2/ I don't think De Marco is easily removed from the post. Republicans did block the decision from Obama Administration to remove him in the past. And they will do the same now

    Look at the 8K that FNMA filed yesterday ( see copy & paste below ), you guys will find how serious De Marco is with the Proposal.

    .......... Form 8-K for FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE

    --------------------------------------------------------------------------------

    8-Mar-2013

    Change in Directors or Principal Officers

    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

    On March 4, 2013, Federal Housing Finance Agency ("FHFA") Acting Director Edward J. DeMarco released the 2013 corporate performance goals and related targets for Fannie Mae and Freddie Mac set forth in the table below, including the relative weighting of each goal. These corporate performance goals and targets are referred to as the 2013 conservatorship scorecard ........

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