FNMA Stock Updates 08/28/2014 13:26:37 $FNMA
No arguments here!
mikoli007... That control is only 2 months and 1 week away. I'm glad he is playing golf. I wonder how much "Touch of Grey" he has to put in his hair to look like that job is having a toll on him? I'm more concerned how much of a toll he is having on this country. I think he will outshine Carter as the biggest loser this country has had as president. We will have to give him the "Do nothing award" or maybe the "search and destroy America award".
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
I would have thought he would have done it by now. If I were him, I would take all the credit in the world for saving FnF therefore insuring the survival of home ownership! There is just to many ways you could spin this and come out smelling like roses by tellin watt to release and uplist.
Obama will try to take credit for FnF by releasing them and saying he was the one that jump started the mortgage market.
Could you imagine, Obama loses out on a chance to spin this in his favor only to allow the republicans to do the right thing, release and uplist. Putting all the blame on the dems and taking all the credit for doing what right and lawful.
We need to move FnF overseas!
myogenix..That's what I've been saying. We need to be the ones to get that message out there. We need to spread the word. We need to expose the lowlife that evades our political realm.
They all work for the owners of this country. You know the ones that own the counterfeiting operation known as the Federal Reserve. Now they are trying to steal as much as they can. Have you noticed how all the businesses in the U.S. want to relocate their headquarters in other countries? They will move to some place like Puerto Rico where the United States of America is incorporated.
It seems court news and only court news can drive the pps up.
i am all for efficiency, but what i don't like about this is that if they convert those assets to cash it will be subject to the sweep and the lease will become a company liability. we need the courts to step in on these mf'ers.
Yep.. W all the good news yesterday evidentially is just hype for now!! Had a good push and a weak close yesterday.. Today, horrible! Must not be much merit in the news yesterday or at for now.. Jmo or else we still be climbing !
Yeah volume is really low today, this makes me think that we might dip tomorrow as well.
Man, this sucks. This is the slowest I have ever seen Fannies volume. My geaahhh!
Single leased office building typically is for a 20-30 year term. That is how commercial real estate works. I get the feeling Fannie is trying to tell us something.
We are focused on making responsible real estate decisions to ensure the wise use of resources," says a Fannie Mae (OTCQB:FNMA -0.3%) spokesperson of the company's plans to sell it's sprawling headquarters as part of a consolidation of its 5 D.C. offices into a single leased office building
LEVEL II ... 199K on da BID
Pending Home Sales Hit Highest Level in a YearThursday, August 28, 2014 9:52 AM ETReuters
Americans signed more contracts in July to buy previously-owned homes than in any month in almost a year, suggesting the housing market was pulling out of its slump more quickly than expected.
The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on contracts signed last month, rose 3.3 percent to 105.9, the highest level since August 2013.
Analysts polled by Reuters had expected an increase of 0.5 percent last month.
The index plunged last summer after mortgage interest rates spiked, but it has been mostly rising since March of this year.
Contracts signed last month rose in the Northeast, the South and the West of the country, but fell in the Midwest.
This is something I read on quantumonline.com:
"BUSINESS: Fannie Mae is a New York Stock Exchange company and the largest non-bank financial services company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages. Fannie Mae is working to shrink the nation's "homeownership gaps" through a $2 trillion "American Dream Commitment" to increase homeownership rates and serve 18 million targeted American families by the end of the decade. Fannie Mae was created in 1938, under President Franklin D. Roosevelt, at a time when millions of families could not become homeowners, or risked losing their homes, for lack of a consistent supply of mortgage funds across America. The government established Fannie Mae in order to expand the flow of mortgage funds in all communities, at all times, under all economic conditions, and to help lower the costs to buy a home. In 1968, Fannie Mae was rechartered by Congress as a shareholder-owned company, funded solely with private capital raised from investors on Wall Street and around the world." -QuantumOnline.com
Just thought I would share this little tid-bit.
Good luck to all fellow FNMA longs!
-Jest
This is the actual Job Description from fannie website
Job Description
Attorney-Corporate II-41291
Description
THE COMPANY
Fannie Mae provides reliable, large-scale access to affordable mortgage credit in communities across our nation. We are the leading source of funding for housing in America, which means more people can buy or rent a home. We are focused on sustaining the housing recovery, improving our company, and leading change to make housing better.
Join our diverse, high-performing team and make a difference as we work together to enable access to a good home.
For more information about Fannie Mae, visit www.fanniemae.com/progress.
JOB INFORMATION
Operate with considerable latitude in consulting, advising, and representing the company on a variety of complex legal matters and projects related to corporate governance, securities law, and general corporate law matters. Provide legal counsel to management on broad issues affecting the company. Ensure that board meeting documentation and securities-related filings are properly prepared.
KEY JOB FUNCTIONS
•Provide advice and counsel on corporate governance and securities law matters, including Federal Housing Finance Agency, ‘34 Act, and NYSE listing requirements, among others.
•Work with business clients to ensure adherence to important corporate and regulatory policies.
•Provide legal advice and service by combining skill in corporate law with sound business acumen and knowledge of business goals and objectives of the company.
•Assist in the coordination of Fannie Mae Board of Director meetings.
•Draft Board of Director meeting materials, including Board resolutions and minutes.
•Maintain and update corporate governance guidelines, Board Committee Charters, and relevant policies and procedures.
•Perform director independence, conflict of interest, and related party analysis.
•Monitor evolving best practices in corporate governance.
•Provide excellent client service and respond to Board member requests as needed.
•May draft comment letters, analyze legislation that impacts the company, and assist the company in responding to inquiries from Congress and government agencies.
Qualifications
EDUCATION
•Juris Doctorate
MINIMUM EXPERIENCE
•6+ years of related experience
SPECIALIZED KNOWLEDGE & SKILLS
•3 years or more legal experience in corporate governance, securities and public company matters, including `33 Act, `34 Act, SEC rules, NYSE rules, and related matters.
•Superior organizational and interpersonal communication skills.
•Tremendous focus on customer service and building trusted relationships.
•Collaborative team player.
•Experience with Board of Directors and senior management preferred.
What AIG did in NYC they sold their headquarters in NYC and a few other buildings in order to capitalize on it…now look at AIG their common stock is trading in 50’s
I hope they keep it going in the news. That article on Foxbusiness about the relist rumor disappeared pretty fast...
No arguments here!
mikoli007... That control is only 2 months and 1 week away. I'm glad he is playing golf. I wonder how much "Touch of Grey" he has to put in his hair to look like that job is having a toll on him? I'm more concerned how much of a toll he is having on this country. I think he will outshine Carter as the biggest loser this country has had as president. We will have to give him the "Do nothing award" or maybe the "search and destroy America award".
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
I would have thought he would have done it by now. If I were him, I would take all the credit in the world for saving FnF therefore insuring the survival of home ownership! There is just to many ways you could spin this and come out smelling like roses by tellin watt to release and uplist.
Obama will try to take credit for FnF by releasing them and saying he was the one that jump started the mortgage market.
Could you imagine, Obama loses out on a chance to spin this in his favor only to allow the republicans to do the right thing, release and uplist. Putting all the blame on the dems and taking all the credit for doing what right and lawful.
We need to move FnF overseas!
myogenix..That's what I've been saying. We need to be the ones to get that message out there. We need to spread the word. We need to expose the lowlife that evades our political realm.
They all work for the owners of this country. You know the ones that own the counterfeiting operation known as the Federal Reserve. Now they are trying to steal as much as they can. Have you noticed how all the businesses in the U.S. want to relocate their headquarters in other countries? They will move to some place like Puerto Rico where the United States of America is incorporated.
It seems court news and only court news can drive the pps up.
i am all for efficiency, but what i don't like about this is that if they convert those assets to cash it will be subject to the sweep and the lease will become a company liability. we need the courts to step in on these mf'ers.
Yep.. W all the good news yesterday evidentially is just hype for now!! Had a good push and a weak close yesterday.. Today, horrible! Must not be much merit in the news yesterday or at for now.. Jmo or else we still be climbing !
Yeah volume is really low today, this makes me think that we might dip tomorrow as well.
Man, this sucks. This is the slowest I have ever seen Fannies volume. My geaahhh!
Single leased office building typically is for a 20-30 year term. That is how commercial real estate works. I get the feeling Fannie is trying to tell us something.
We are focused on making responsible real estate decisions to ensure the wise use of resources," says a Fannie Mae (OTCQB:FNMA -0.3%) spokesperson of the company's plans to sell it's sprawling headquarters as part of a consolidation of its 5 D.C. offices into a single leased office building
LEVEL II ... 199K on da BID
Pending Home Sales Hit Highest Level in a YearThursday, August 28, 2014 9:52 AM ETReuters
Americans signed more contracts in July to buy previously-owned homes than in any month in almost a year, suggesting the housing market was pulling out of its slump more quickly than expected.
The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on contracts signed last month, rose 3.3 percent to 105.9, the highest level since August 2013.
Analysts polled by Reuters had expected an increase of 0.5 percent last month.
The index plunged last summer after mortgage interest rates spiked, but it has been mostly rising since March of this year.
Contracts signed last month rose in the Northeast, the South and the West of the country, but fell in the Midwest.
This is something I read on quantumonline.com:
"BUSINESS: Fannie Mae is a New York Stock Exchange company and the largest non-bank financial services company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages. Fannie Mae is working to shrink the nation's "homeownership gaps" through a $2 trillion "American Dream Commitment" to increase homeownership rates and serve 18 million targeted American families by the end of the decade. Fannie Mae was created in 1938, under President Franklin D. Roosevelt, at a time when millions of families could not become homeowners, or risked losing their homes, for lack of a consistent supply of mortgage funds across America. The government established Fannie Mae in order to expand the flow of mortgage funds in all communities, at all times, under all economic conditions, and to help lower the costs to buy a home. In 1968, Fannie Mae was rechartered by Congress as a shareholder-owned company, funded solely with private capital raised from investors on Wall Street and around the world." -QuantumOnline.com
Just thought I would share this little tid-bit.
Good luck to all fellow FNMA longs!
-Jest
This is the actual Job Description from fannie website
Job Description
Attorney-Corporate II-41291
Description
THE COMPANY
Fannie Mae provides reliable, large-scale access to affordable mortgage credit in communities across our nation. We are the leading source of funding for housing in America, which means more people can buy or rent a home. We are focused on sustaining the housing recovery, improving our company, and leading change to make housing better.
Join our diverse, high-performing team and make a difference as we work together to enable access to a good home.
For more information about Fannie Mae, visit www.fanniemae.com/progress.
JOB INFORMATION
Operate with considerable latitude in consulting, advising, and representing the company on a variety of complex legal matters and projects related to corporate governance, securities law, and general corporate law matters. Provide legal counsel to management on broad issues affecting the company. Ensure that board meeting documentation and securities-related filings are properly prepared.
KEY JOB FUNCTIONS
•Provide advice and counsel on corporate governance and securities law matters, including Federal Housing Finance Agency, ‘34 Act, and NYSE listing requirements, among others.
•Work with business clients to ensure adherence to important corporate and regulatory policies.
•Provide legal advice and service by combining skill in corporate law with sound business acumen and knowledge of business goals and objectives of the company.
•Assist in the coordination of Fannie Mae Board of Director meetings.
•Draft Board of Director meeting materials, including Board resolutions and minutes.
•Maintain and update corporate governance guidelines, Board Committee Charters, and relevant policies and procedures.
•Perform director independence, conflict of interest, and related party analysis.
•Monitor evolving best practices in corporate governance.
•Provide excellent client service and respond to Board member requests as needed.
•May draft comment letters, analyze legislation that impacts the company, and assist the company in responding to inquiries from Congress and government agencies.
Qualifications
EDUCATION
•Juris Doctorate
MINIMUM EXPERIENCE
•6+ years of related experience
SPECIALIZED KNOWLEDGE & SKILLS
•3 years or more legal experience in corporate governance, securities and public company matters, including `33 Act, `34 Act, SEC rules, NYSE rules, and related matters.
•Superior organizational and interpersonal communication skills.
•Tremendous focus on customer service and building trusted relationships.
•Collaborative team player.
•Experience with Board of Directors and senior management preferred.
What AIG did in NYC they sold their headquarters in NYC and a few other buildings in order to capitalize on it…now look at AIG their common stock is trading in 50’s
I hope they keep it going in the news. That article on Foxbusiness about the relist rumor disappeared pretty fast...
