so Watt is leader of FHA overlooking FnF, says FnF need more money right now BUT SAYS LET CONGRESS DECIDE?? How can Watt be running FHA thenWHEN HE SEES TROUBLE AHEAD BUT DOES NOTHING? HE SEEMS A REMNANT OF OBAMA ADMIN THAT NEEDS TO LEAVE? HOW CAN TRUMP ACCEPT WATT's INACTION WHEN WATT SAYS THAT HE NEEDS TO TAKE ACTION? SHOULD TRUMP DUMP WATT?
Jrs preferred acting weird. No volume, steady decline; looks like someone is working behind the curtain to offer us 1:3 conversion, so only commons remain, paving ground for a SuperSenior shares in case of draw with endless NWS. Lets milk the cow until she kicks bucket.
JrPfD Big Baggie Yank
My bags holding FNMAS are feeling very, very heavy today. I'm doing everything I can, praying that I made the right choice.
After five years shareholders would have thought they could have gotten their day in court. The legal system is so corrupt that the bought and paid for judges would not even allow the cases to be heard. Why chance losing a case when you are in a position to stop the case from even being heard. I have said from the get-go that the government owns the judges because they appoint the judges. The judges in turn do not want to bite the hand that feeds them. Now we have an outsider with Mnuchin, except he is likely one of those slimy guys that made money by working the system, and he is not inclined to turn down the stolen money obtained through the NWS. Watt is trying to explain that if the dictators in government do not allow the companies to recapitalize they are basically setting them up for another bailout.
The market is returning to its longstanding position that no definitive outcome is near for the GSEs for the foreseeable future. I believe the $25 juniors will retreat back to $4 and the commons will retreat back to $2. Only genuine news is likely to alter this outcome. The lack of volume signals this is just retail "children" playing in the sandbox while they brag about how smart they are and how stupid everyone else is.
I just have one thing to say to all you "investors" who frequent this board... Those who post here are all full of sheet-loops. This board is a joke. Trolls here seem to be competing for attention and glory. I can only imagine those type of people are seriously mentally ill or depressed with no life to live. I travel across the internet reading boards, looking for news and whatnot but here on Yahoo, I find a cesspool of trash that claims to have all the answers and all the JMHO - BS. Seriously, most of you are sick losers, especially Yank, JPD, Sam and all the fake ID's they use to battle one another to yank around the readers of this board. I freaking hate your kind of people. Oh and don't get me started on that along4zride bulsheet and his bamboo garbage. What a stupid circle jerk this forum is and you people are, for real... what is wrong with you? The government is fleecing the citizens while you all fight to be the most important troll on this board. Spamming the board to push others down, abusing the ranking system to always be on top or continue to have fake conversatoins to be on the most discussed list. It's silly you all fight to be on top of lists that mean absolutly nothing. If you are betting that FNMA and FMCC are going to lose then you are the problem. Eat Sheet. The oligarcy, the left, the government should NOT be aloud to win. Please, to all trolls on this board, Please, I am begging you, spend your time fighting the good fight for all shareholders and the defeat of the rich ruling class that call themselves government that rules over you. You spend so much time being stupid, why not try being smart and using your energy to help get these companies out of government control? We all deserve to live free and happy without oppression. Being a troll, making fun of other, is just stupid and counterproductive. JMHO, LOL... Peace.
JrPfD Big Baggie Yank
Being a bag holder is a full time job. I have to work hard to convince everyone that dumping my life savings into junior preferred fannie mae stock was the right thing to do. Hoping and praying my heavy, underwater waterproof bags will hold up. JrPfD shares are they way to go, I bet my life on it.
Government stolen Enterprises (GSE), I want to see this in a yahoo headline! Come on Yahoo, CNN, anyone...grow a pair.
JrPfD Big Baggie Yank
Who else besides me is underwater, holding extremely heavy bags, hoping and praying that dumping their life savings into Jr Preferred FNMA stock was a good idea? Or all of you here common stock underwater bag holders?
yahoo has ssure gone downhill
If F@F pushed to file for r-ship by the FHFA, the UST and legislators, down the road, with immediate cancellation of the commons but with Jr Preferred at par? Who should pay the price ($22 busd+),- taxpayers? I do not believe the taxpayers are in business to enrich shareholders. It is clearly other way around JIMO.
Donald J Trump
Are We Great Again Yet ?
At least the Government Stolen Enterprises are making the news lately. After all these years I would like to see this matter resolved. Either give the companies back or come out and say the government will never return the stolen companies, and they will burn the shareholders to the ground and pour salt on them. Either way let's see if we can resolve the matter this year.
the Government Slaughtered Enterprises.
The U.S. media has gone to town blaming D Thump for everything! So why not blame him for stealing from FNF. Breaking New! Headline "Thump has been keeping all the money from FNF to build Thump Tower". Doesn't seem to matter what the U.S. Media writes... the truth is out there but you wont see from them.
Attn: Steven Mnuchin - I expect the US Govt. to respect private property rights. Free Fannie! Free Freddie!
Lets pray for a just ruling and we should be next to be released from the evil Hera and the FHFA.
11 judges will soon decide the fate of a polarizing US agency
On May 24, 11 D.C. Circuit Court judges will hear arguments over the constitutionality of the Consumer Financial Protection Bureau, an agency created in the wake of the great recession of 2008.
How is the document transfer in Sweeney's court going? One more week until another cost-free delay?
Everyone who does evil hates the Light, and does not come into the Light for fear that his deeds will be exposed.
How can Congress get anything done with F&F when they only work 2 hours per week? Let me give them a little help so they can get it done in the first hour.
1. Stop the Net Worth Sweep 2. Allow the GSE's to recapitalize. 3. Revise the lending rules to ensure stability. 4. Release the companies back to the shareholders.
You see, it's an easy 4 step process. The criminals in the Congress can get their lackeys to write up the fine print. Type it up on one page and give it to the president to sign. In this way everyone is happy, the housing market it stabilized, and the lawsuits can be stopped against the government.