experts are really not experts




so they said this is the way.......
Location: Wall Street, New York, NY, USA

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CITIZEN COMMENTS ON FNMA in march 2017 19 the day and before

CITIZEN COMMENTS ON FNMA in march 2017 19 the day and before lets start with laliasia.finance FNMA FMCK Status quo  will remain unchanged till government can sell it common holding at a fiar price to profit to cover  and more the losses it has incurred in the past. Then able to release the GSE S  to do as they please. when / who knows? ------------------------------- Just want to remind everyone - in case you didn't know, Big Yank is a FAKE paid monkey. Everything he posts is FAKE NEWS paid for by those that want to destroy America. JMHO. Have a great day! Bruce Berkowitz is a big investor in Fannie Mae and Freddie Mac preferred stock which currently account for 30%+ of his Fairholme Funds assets.  Fairholme Fund is suing the United States regarding FNMA and FMCK and has been making the best progress of the current FNMA and FMCK lawsuits against the U.S.A. What % of investable assets is too much for a concentrated bet on Fannie and Freddie co...
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NO LENDERS to replace Fannie, Freddie

WASHINGTON (Reuters) - The regulator of government-controlled mortgage finance firms Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) said on Sunday he would not oppose them having a smaller presence in the market but private capital had to be ready to take over first. Watt said last week, in his first public speech since taking office, that he did not want to shrink Fannie and Freddie's footprint, marking a sharp departure from his predecessor.Federal Housing Finance Agency Director Mel Watt said the two companies, which own or guarantee about 60 percent of all U.S. home loans, needed to remain in the housing finance market to make sure it was liquid and resilient. "It's not that I'm opposed to it and we will certainly allow it to happen," he told C-SPAN's "Newsmakers" program, when asked about the prospect of shrinking the lenders' activities. "But if the private sector is not ready to step into the space, and you shrink what Fannie and...
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Fannie Mae Stress Test A Farce: Bove

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Fannie Mae Stress Test A Farce: Bove by  Clayton Browne May 01, 2014, 2:49 pm Rafferty Capital’s Dick Bove published a research report today focusing on the fate of the Johnson Crapo bill and the real import of the news regarding Fannie Mae failing the “severe economic downturn” stress test. Bove highlights that the Johnson Crapo bill to wind down Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) appears very unlikely to emerge from the Senate Banking Committee, and that Fannie Mae could pass even the worst case  stress test  if the government wasn’t siphoning off its profits. Johnson Crapo not going anywhere According to Bove, barring a miracle revival, the much-bemoaned  Johnson Crapo  bill is dead on arrival. “The reality is that the sponsors of the Bill do not have the 16 votes necessary to get the vote out of committee. Plus, key liberal Senators do not support th...
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