Fannie Mae (FNMA)

Judge rejects Obama administration secrecy on Fannie Mae, Freddie Mac Documents could yield clues on Treasury Department’s dealings with mortgage giants Read more:  http://www. washingtontimes.com/news/2014/ aug/24/judge-rejects-obama- administration-secrecy-on- fann/?utm_source=RSS_Feed&utm_ medium=RSS#ixzz3BkHQkuGP Follow us:  @washtimes on Twitter   A federal judge has issued a stinging rebuke to the   Obama administration ’s recent attempt to shield documents from disclosure in a case that could yield important clues about the Treasury Department’s relationship with mortgage giants Fannie Mae and Freddie Mac. Government lawyers had argued they could redact key information before releasing records to the public by saying the documents related to the “deliberative process.” But in a ruling last month, U.S. Federal Claims Court Judge Margaret M. Sweeney rejected that, saying the government was illegally cutting corners. SEE ALSO: Justice Department overstated m

Washington Times Article Sweeney says, "Homey don't play that"  http://www.washingtontimes. com/news/2014/aug/24/judge- rejects-obama-administration- secrecy-on-fann/?utm_source= RSS_Feed&utm_medium=RSS s hillbilly_hillboy   •   3 hours ago   Reply bump aessha1   •   Aug 26, 2014 12:43 PM   Reply This is the worst thing in US history that show the ugly of Treasury under Obama administration that abuse the law and corruption. This is a Communist model and same style with Putin. 1 Reply to aessha1 hillbilly_hillboy   •   5 hours ago   Reply Hopefully this judge want tolerate any more government delays and lies. cookjd58   •   Aug 26, 2014 4:11 AM   What FOIA for? Cook gov can run but can't hide. Time to tell the truth and the truth will set you free! l.sue11   •   Aug 25, 2014 11:42 PM   Reply Judge rejects Obama administratio

his is why the dta came back. THE real trick to it all is this 60 billion added to the 118 billion that Fannie supposedly owes to the treasury, and that they were required to pay 10% interest on in dividends.  can you see the truth? take away the 60billion and take away the interest on the larger number over the last 5 years and how much was REALLY needed? maybe 30 billion. Now it does not take a genius to see this, and HOW much Fraud money has the FHFA collected from banks FOR fannie mae? lets say 30 billion.  No matter how you look at it the TBTF banks only paid 10 cents on the dollar in settlements of their real valued of crime, so the real crime was upwards of 200 billion, and fannie needed 30 billion. It really is that simple, Fannie is being Raped and enslaved daily. Courts will see this truth.  If america had actual reporters the story would be told, as it is the facts and the truth.

Ralph Nader Discusses Fannie and Freddie Shareholder Fight BY  Dan Freed Find out if ( FNMA ) is in Cramer's Portfolio. NEW YORK ( TheStreet ) --Storied consumer advocate and occasional third party presidential candidate Ralph Nader owns shares of  Fannie Mae  ( FNMA _ ) and  Freddie Mac  ( FMCC _ ), and has  criticized the government  for ignoring the rights of shareholders since putting the government sponsored enterprises into conservatorship in 2008.  Along with deep-pocketed investors such as Perry Capital and Fairholme Funds , Nader has been arguing the government needs to recognize the rights of shareholders, instead of sending all the profits of the GSEs to the Treasury, aside from minimal capital buffers. Nader spoke to  TheStree t senior writer Dan Freed this week to elaborate on his position. TheStreet:  Shareholders of Fannie Mae and Freddie Mac have filed about 20 different lawsuits against the government. Have you? Ralph Nader:  No. We haven

Bill Ackman Sues America In the last year or so, hedge fund billionaire  William Ackman  has tried to destroy a company that sells diet shakes, played a prominent role in nearly driving a 112-year-old retailer into the ground, helped launch a hostile takeover of a pharmaceutical company in a way that the Securities & Exchange Commission is reportedly  examining for potential violation of insider trading law , accused  George Soros ’ family office of insider trading, and fought and made up with  Carl Icahn . Now, Ackman is suing the U.S. government. Ackman’s Pershing Square hedge fund filed a lawsuit on Thursday claiming the federal government has improperly confiscated the profits of  Fannie Mae and  Freddie Mac  since the mortgage giants were pushed into conservatorship following the financial crisis. Ackman’s hedge fund bought 10% of the common shares of Fannie Mae and Freddie Mac last year, well after the government-sponsored enterprises started paying the vast majo

Not A Fan Of Fannie Mae And Freddie Mac Aug. 13, 2014 11:25 AM ET    |    20 comments  |    About:   Fannie Mae (FNMA) ,  FMCC Disclosure:  The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.  (More...) Summary Lawsuits are progressing through the courts. Positive strides for the investors, but far from winning their freedom from the government. $5.4 billion in dividends from the Second Quarter, 2014 will be paid to the U.S. Treasury. Expect increased regulations on GSEs and all financial companies. Betting on Fannie and Freddie remain a high risk/high reward investment . On August 7, 2014  Fannie Mae   ( FNMA )  and  Freddie Mac ( FMCC )  released their second quarter results and posted $3.7 billion and $1.9 billion in earnings respectively to be paid to the U.S. Government as dividends. $5.4 billion dollars will be transferred to the U.S. Treasury for this quarter's dividend pay