available on goog group now
Freddie and Fannie Discussion Board
End the conservatorship and set Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) back as private sector owned organizations.
Nullify the Third Amendment returning the Preferred A to its initial status.
Donate the Preferred A and the warrants to a new organization devoted to supporting low income housing (which I would love to call the Bove Plan despite stealing the idea from others).
Do everything possible to support the health and profitability of Fannie Mae and Freddie Mac since the taxpayers own 80% of these companies.
Incent the private sector holders to make as much money as possible so that they will be incented to aid the government in aiding housing.
Fannie Mae, Freddie Mac Will Be Set Free
by VW StaffMarch 17, 2014, 11:50 am
" ... If Johnson/Crapo were ever to be successful, the result would be a weak housing market and a weaker economy. It will fail. The U.S. Treasury will lose its case in my view and Fannie Mae and Freddie Mac will be set free.... "
oh yeh, and all the while singing, "The best things in life are free, but you can give 'em to the birds and bees, I WANT MONEY...that's what i want"
i wonder (hoping) if Doug Kass' entry into commons will stimulate some competitive buying by Ackman, Berkowitz and Kass?
let it out...i'm neutral, so let it flow from your heart