if fanny is reformed as per government wishes he stand to gain by his wells fargo -so he goes.....Hew had the first call on many such crisis like Goldmans preferred etc he is not only connected via his moodys he get first all opportunity unlike us 1 Billionaire Weighs in Again on Fannie Mae and Freddie Mac By Patrick Morris | More Articles May 23, 2014 | Comments (6) Warren Buffett at Berkshire Hathaway has once again provided a unique and critical insight into what he believes is best for government-sponsored mortgage enterprises Fannie Mae ( NASDAQOTCBB: FNMA ) and Freddie Mac ( NASDAQOTCBB: FMCC ) . At the latest Berkshire Hathaway annual meeting, Buffett and longtime business partner Charlie Munger continued their tradition of conducting a question and answer session lasting more than six hours....
Fannie & Freddy: Mnuchin Reveals New Clues Feb. 27, 2017 8:49 AM ET | 82 comments | About: Fannie Mae (FNMA) , FMCC Orange Peel Investments Follow (5,516 followers) Long/short equity Send Message Summary Treasury Secretary Steven Mnuchin made several comments about Fannie and Freddie on Thursday morning. Though recap and release may not happen until late summer, early fall, we continue to believe it is the likely scenario. Mnuchin's comments about liquidity in the 30 year mortgage market and getting Fannie and Freddie out of government control were bullish for the long term. By Parke Shall with Thom Lachenmann We think that new revelations made by Steven Mnuchin and missed by most of the financial analysts reveal new clues to the future of Fannie ( OTCQB:FNMA ) and Freddie ( OTCQB:FMCC ). We think comments he made last week in interviews not only confirm that Fannie and Freddie won't be under governme...
A New Solution For Fannie And Freddie Apr. 29, 2014 7:50 AM ET | 3 comments | About: FMCC , FNMA Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...) Summary The 100% profit sweep: unreasonable in spirit, law and effect.. New equity terms can strengthen Fannie, Freddie, banks too.. Congressional staff might want to check out this article.. Contents: 1. A Few Statutes 2. New Equity Terms 3. Vouchers for Equity 4. Senators' Sentiments 5. Obligations to Community Banks 6. Fiduciary Duties, Representations 7. Senate Committee 8. Disclaimer 1. A Few Statutes Seeking Alpha has excellent background on Fannie Mae ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC ). I'll skip background, review my thoughts on the infamous Third Amendment ("TA") and suggest new equity terms for...
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