Let me quickly explain..
$35 is 50% off MINIMUM TRUE Market Value when C-SHIP is OFFICIALY LIFTED! We should be trading in that range YESTERDAY! FHFA CONFIRMED TODAY C-SHIP TO BE TAKEN OUT!
That's it, That's all, you dig it ?
FYI- uchen... this is from their PDF report. You need to get your fact straight..
Today, the government touches more than 9 out of
every 10 mortgages. With this in mind, it is essential
that FHFA help transition the mortgage market to a
more secure, sustainable, and competitive model. The
conservatorships of Fannie Mae and Freddie Mac were
never intended to be long-term solutions.
It is vital to the lasting health of our country’s housing
and financial markets that our elected leaders work to
bring the conservatorships to a conclusion and define
the government’s role and requirements for housing
finance in the future. The steps we are taking to move
forward on conservatorship strategic plan in 2013
should help to set the stage for whatever transition