FNMA Opinions 08/22/2014 16:32:31 $FNMA
The difference you probably should consider is that this one (goldman sachs) is a lawsuit purported by the FHFA, rather than the DEPARTMENT OF JUSTICE - which again, HAS NOTHING to do with Fannie Mae / Freddie Mac in regards to the lawsuit. (No awards, just penalties by the DOJ effectively)
I.e. this one coming up for a billion dollars, (at a glance appears to indeed involve a faulty mortgage settlement and an award likely for F&F)
Of course a lawsuit that is not directly related to the GSEs or with an award to either will not boost share price. That's like saying "I should get a dollar because you gave james over there a dollar."
Why would our share price rise?
Regardless, most of the relevant suits will not boost much for Fannie mae until after conservatorship ends simply due to the money siphon currently in place - and the lawsuits coming to an end in the near future - as well as the smaller amounts visited.
Be well,
-Zargis
BOTH
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
you got it.
Dont do it barefoot or in flip-flops. I've heard too many horror stories involving power/pressure washers and bare skin. Dont want to hear another!
Do you believe they are smelling sh**t under their legs?
Why does this matter? BAC settlement did nothing. This one won't either.
@miko- what has the state dept banned?
so many posts, i put many on ignore- what did i miss?
No Red-No Green
GS-- could be concluded as early as next week,
Negotiations between Goldman and the Federal Housing Finance Agency (FHFA) could be concluded as early as next week, the business daily reported, citing people familiar with the matter. (http://on.ft.com/1q2eaOS)
http://finance.yahoo.com/news/goldman-nears-1...33851.html
The State Department has banned participation by U.S. ambassadors and other high-profile foreign service officers. Department lawyers say participation would violate federal ethics rules barring officials from using public office for private gain "no matter how worthy the cause," according to an unclassified cable sent earlier this week that was obtained Thursday by The Associated Press.
I find this so amusing.... lobbyist are everywhere in washing and I bet they have been playing FnF all along as well!
To All (who care):
Have a great weekend. I have huge plans this weekend. Power-washing my deck. Anyone care to help?
Then bar-b-que and fine wine (don't need help with that one)
We're still talking about a G.D. penny. Who cares?
Maybe because it opened at 3.855. TD Ameritrade didn't call it a red close. They called it even at 3.85.
Agree, i thought the float would have been locked by now at this level
$$ FNMA $$
Schwab closed red. Unless I'm color blind.
That doesn't mean they didn't have trouble, if you were watching L2. Didn't close red either.
It closed even? 3.85
really? it closed red.
They are having trouble holding it down now. Low volume/interest is in their favor. Any positive spark and they will not be able to hold it back. Oversold and it seems that most of the float is locked right now.
The difference you probably should consider is that this one (goldman sachs) is a lawsuit purported by the FHFA, rather than the DEPARTMENT OF JUSTICE - which again, HAS NOTHING to do with Fannie Mae / Freddie Mac in regards to the lawsuit. (No awards, just penalties by the DOJ effectively)
I.e. this one coming up for a billion dollars, (at a glance appears to indeed involve a faulty mortgage settlement and an award likely for F&F)
Of course a lawsuit that is not directly related to the GSEs or with an award to either will not boost share price. That's like saying "I should get a dollar because you gave james over there a dollar."
Why would our share price rise?
Regardless, most of the relevant suits will not boost much for Fannie mae until after conservatorship ends simply due to the money siphon currently in place - and the lawsuits coming to an end in the near future - as well as the smaller amounts visited.
Be well,
-Zargis
BOTH
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
you got it.
Dont do it barefoot or in flip-flops. I've heard too many horror stories involving power/pressure washers and bare skin. Dont want to hear another!
Do you believe they are smelling sh**t under their legs?
Why does this matter? BAC settlement did nothing. This one won't either.
@miko- what has the state dept banned?
so many posts, i put many on ignore- what did i miss?
No Red-No Green
GS-- could be concluded as early as next week,
Negotiations between Goldman and the Federal Housing Finance Agency (FHFA) could be concluded as early as next week, the business daily reported, citing people familiar with the matter. (http://on.ft.com/1q2eaOS)
http://finance.yahoo.com/news/goldman-nears-1...33851.html
The State Department has banned participation by U.S. ambassadors and other high-profile foreign service officers. Department lawyers say participation would violate federal ethics rules barring officials from using public office for private gain "no matter how worthy the cause," according to an unclassified cable sent earlier this week that was obtained Thursday by The Associated Press.
I find this so amusing.... lobbyist are everywhere in washing and I bet they have been playing FnF all along as well!
To All (who care):
Have a great weekend. I have huge plans this weekend. Power-washing my deck. Anyone care to help?
Then bar-b-que and fine wine (don't need help with that one)
We're still talking about a G.D. penny. Who cares?
Maybe because it opened at 3.855. TD Ameritrade didn't call it a red close. They called it even at 3.85.
Agree, i thought the float would have been locked by now at this level
$$ FNMA $$
Schwab closed red. Unless I'm color blind.
That doesn't mean they didn't have trouble, if you were watching L2. Didn't close red either.
It closed even? 3.85
really? it closed red.
They are having trouble holding it down now. Low volume/interest is in their favor. Any positive spark and they will not be able to hold it back. Oversold and it seems that most of the float is locked right now.
