http://finance.yahoo.com/news/u-consumer-sent...00038.html
I hope your correct lol. That drives me nuts the premarket 1 share trades.
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
UPDATE: Slower home-price growth pointing to normal market
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10:50 AM ET 8/26/14 | MarketWatch
By Ruth Mantell, MarketWatch
WASHINGTON (MarketWatch) -- U.S. home prices are slowing down, with easing annual growth in 20 major cities bringing the market closer to normality, according to data released Tuesday.
For a fourth consecutive monthly gain, U.S. home prices rose 1% in June, pushing annual price growth to 8.1%, the leanest year-over-year result since January 2013, according to the S&P/Case-Shiller's 20-city composite index of 20 major cities released Tuesday.
For the first time since early 2008, each of the 20 cities saw annual price growth slow down. Slower home-price growth, along with indicators such as a more positive outlook among home builders, are a good sign, said David Blitzer, index committee chairman at S&P Dow Jones Indices.
"Taken together, these point to a more normal housing sector," he said.
Among 20 tracked cities, all saw higher home prices in June, led by a monthly increase of 1.6% New York, the city's strongest showing since June 2013.
After seasonal adjustments, home prices among the 20 cities declined 0.2% in June, compared with a drop of 0.3% in May.
Prices have been cooling thanks, in part, to more sellers placing their homes on the market. Slower home prices can support more purchases by encouraging buyers to make an offer. Home prices that run too hot for too long would cut out an increasingly large share of the pool of prospective buyers. Buyers also have to contend with rising mortgage rates, which spiked last year, though there's been some easing in recent months.
"The evidence suggests that house prices are leveling off following the sharp increases of 2013, with the improved supply we have seen in recent existing home sale figures putting a cap on price pressures, and demand still below last year's peaks," Andrew Grantham, an economist at CIBC World Markets, wrote in a research note.
While buyers don't love quickly rising home prices, fast appreciation isn't all bad. Millions of troubled properties have regained equity over the past year, though this effect may wane somewhat as price growth slows.
"A more gradual pace of home price appreciation should continue to lift more homeowners out of negative equity, albeit at a slightly slower pace," Gennadiy Goldberg, U.S. strategist at TD Securities, wrote in a research note.
Including June's monthly gain, home prices were about 17% below a 2006 peak.
Separately, the Federal Housing Finance Agency, which tracks deals involving mortgages backed by Fannie Mae (FNMA) and Freddie Mac (FMCC), reported that its seasonally adjusted gauge of home prices rose 0.4% in June, the seventh consecutive gain. Compared to June 2013, prices were up 5.1%, the FHFA added.
-Ruth Mantell; 415-439-6400; AskNewswires@dowjones.com
Big News Expected on Tuesday based on history of previous 1 share pre-market orders
1) May 27th- Fannie Pre-Market 1 share order
June 3rd- Exactly "1" week after 1 share order was Icahn buy announcement of 51M new Fannie share
2) Aug 7th- Fannie Pre-Market 1 share order
Aug 14th- Exactly "1" week after 1 share order was Ackman lawsuit announcement
3) Aug 26th- Fannie Pre-Market 1 share order
Sept 2nd- day after Labor Day WHAT WILL BE THE NEWS???
I have never stated that shareholders deserve to get wiped out. Nor do I have that view. I have said that winding down FnF in some responsible and organized way makes sense if prudent alternatives can be agreed to in Congress. Most investors believe a shutdown would net huge proceeds for shareholders with such a move.
Much of my point regarding FnF has been, all along, that the shareholders are already getting a fair return when you compare FNMA and FMCC to broad market indexes. The suits are a piggish attempt to net huge gains using frivolous lawsuits to grab the cash. At maximum, FnF could be recapitalized for longterm stability vs. some huge divvy getting paid to Ackman and cronies.
I dislike greed, which differs from a return on investment.
I like her. So far nothing that I don't like about what she said.
So I am hopeful bough a bunch more this week.
A "civil lawsuit". This guy belongs in prison for the rest of his life. IMO
Go Fannie!!
http://online.wsj.com/news/articles/SB1000142...1424658570
Can you please share your definition of what a conservator's obligations are? I would also like to hear your argument for justifying how a conservator can go against its fiduciary duties. Thanks
http://www.washingtoncitypaper.com/blogs/hous...dquarters/
The initial action may very well have been in good faith, by all parties. Given that fannie and freddie arguably were/ are the most important financial institutions in the world, any perceived instability in the companies could have had even more grave consequences. It has been brought to light that the russians had contacted the chinese with a plan to flood the market with fannie and freddie securities in an attempt to further destabilize the economy. Given that, and the quote regarding concerns about the chinese withdrawing from the market that i just provided, placing the companies into conservatorship as a signal to world markets was at the time in the best interest of our country for national security reasons. However, this is a different narrative than "Freddie and Fannie are evil private companies whose shareholders deserve to be wiped out because we don't like them, but will don't want to provide any documentation that would explain legally why they are not entitled to the normal protections or rules laid out in the laws of the united states. Please take our word for it we are the good guys."
Suckerin suckatash! I sure am glad the gov stepped up and saved the galaxy from (ruination).
Agreed and I hope so that don't change ,Government going to try to broke and twist the rule of law ,violating The Constitution in all the possible way ,they have a cash cow in FnF and they are showing don't let it go so easy!! Judge Sweeney is the wall and represent the best not only for Shareholders also for the American people,GO FnF
updated LEVEL II ... $3.92
(Conservancy)
Hahahahahaha! Thats the (funnieriest)!
The more I read these post and responses to communist like little wanky, newbs and wanna be's the more I'm convinced of my investments in FnF. These fraks post NO facts whatsoever they have absolutely ZERO due diligence, in fact most of their post end with "imho". Yet all the responses that are given to refute them are backed up with articles, rules, regulations, contracts etc...Anyone reading these post looking for answers on whether to get into FnF would surely see clearly that it is a great investment with powerful upside potential! Good job to all of you who keep on refuting the lies and deceit with facts and truths!
Well, I think the government never wanted any conservatorship at all and only acted out of concern for another great depression looming on the brink. The liquidity crisis was an enormous global concern. The government, I am sure, will argue this motivation as both honorable and proper. It is the government's JOB to protect the country from collapse and ruination.
I believe that the government will further argue that neither GSE can provide any assurance that a further fiscal nightmare might occur, thus justifying the warrants and the sweep. "Never again" has been a recurrent mantra within the Beltway from both sides of the aisle.
JMHO.
SOME people can not be "bought". George Washington was an example. He was asked to be America's first "King". He declined. He could have been wealthy beyond all comprehension.
Judge Sweeney, also, can not be bought, nor intimidated by government lawyers.
We also have Supreme Court justices who can not be bought, that were nominated by previous administrations so their values also conflict with the current admin.
Its the system of checks and balances used to prevent Obamanization of America.
LEVEL II ... experienced quiet accumulation until payday
stuff all the shares you can under $4 into yer account