Federal Home Loan Mortgage Corporation (QB) (FMCC) Quote

So when does a Jury Decision become final?
Do we live in a world if the defendent does not like the result of the court verdict, he/she can refile for another court hearing and stop paying the damages caused by the Defendent, forever???
Is this a Kangaroo court or a court of Law and Justice?
Do we leave in a democratic society or a dictatorship where the government always wins even when they are the losers who violated and broke the Constitutional Law we are expected to live by?

GOVT filed to have 8-0 Jury verdict THROWN OUT

Congress is nothing more than a GLORIFIED SCAM that accomplishes nothing for the Taxpayers. We pay big taxes to keep these MFers employed in Congress with large salaries (> $150K) to talk a lot and do nothing to help the country fix its problems. One of which is this insane sourthern Border opening for criminals to come in and destroy our country.

Congress spending lots of time and money talking a lot about Fannie and Freddie coming up with a big NOTHING BURGER and yet we are still in this Conservatorship prison and Congress keeps on stealing our (Fannie and Freddie) profit money each and every quarter.
When is this nightmare going to end?

When do FMCC common shareholders get paid the settlement money from this lawsuit?
Please give me a simple answer and not a long and complicated court filing that says virtually nothing as to when I get paid and for what date of holding FMCC shares?

Senator Hagerty: transcript -

Director Thompson I would like to direct this to you. You have testified that in order to end conservatorship
of Fannie Mae and Freddie Mac, two things need to happen. First, they’ve got to build capital through
retained earnings before ending the government’s 15 year long conservatorship. Second, you’ve said
that Congress needs to decide the future of these two government sponsored entities and the US mortgage
finance system more broadly. On the first point, the quickest way to end the GSE conservatorships is to
raise private capital just as bailed out banks were allowed to do in the wake of the 2008 financial crisis.

Now that the GSEs control so much of the housing market, there seem to be a reluctance to relinquish
government control. I ask myself: Why? Well, judging by the redistributive housing policies that have
been pursued while you’ve been at the helm of FHFA it seems that the GSEs are viewed by the Biden
administration as simply backdoors to push its DEI social policy agenda which is well beyond your
mandate.

On the second point, congress has already decided what type of mortgage finance system it wanted
with the 2008 HERA law. That law significantly enhanced the regulatory and supervisory powers of
your agency over Fannie Mae, Freddie Mac and the Federal Home Loan Banks. The problem here
is that the Obama and Biden administrations have never taken their feet off the throats of Fannie Mae
and Freddie Mac so that they can succeed as private companies. The responsible thing to do for yourself, f
or Secretary Yellen and for Attorney General Garland is to continue the work that was begun by former
FHFA director Calabria to raise private capital and return Fannie Mae and Freddie Mac to the private markets.

This would result in a $100B+ windfall for taxpayers and could be used to immediately to help expand
the countries housing supply and support affordable housing for Americans most in need. We talked
about this at the time of your confirmation to be the agency head and our housing markets and
American taxpayers deserve to see these conservatorships to be brought to an end.

I appreciate your full attention to this in the time you have left remaining as director. Thank you.

"The problem here is that the Obama and Biden administrations have never taken their feet off the throats of Fannie Mae and Freddie Mac"-Senator Hagerty --- transcript https://t.co/fLfYmusMHh $FNMA #FANNIEGATE pic.twitter.com/fLnTGlHz7c— Fanniegate Hero (@DoNotLose) April 18, 2024

.@SenatorHagerty did a good job pointing out that HERA 2008 commands FHFA to pursue the end of conservatorships via Recap and Release when acting as conservator AND says that doing so will produce $100B+ to solve the affordable housing crisis $FNMA #FANNIEGATE h/t @timpagliara— Fanniegate Hero (@DoNotLose) April 18, 2024

IMO the obvious was looking us in the face the entire time.
Biden admins goals NEVER included exit. they have their dream scenario in Cship. control housing mort market, doing uneconomical subsidy programs that cant be forced on comps Outside Cship.

trump/calabria want(ed) exit— Tony Castelluccio (@T_Castelluccio) April 18, 2024

$FMCC $FNMA Freddie Mac wants a new role financing homeowners sitting on equity. One banking group isn’t happy. pic.twitter.com/Bxyqr9GXIJ— Patrick (@InvestIt3) April 18, 2024

He didn’t ask for one. Only discussed the idea of continuing with the plan of building capital towards ending c-ship. There may be some limitations about Him going for heavy dialog on the ‘end of c-ship’ topic.

What did he get for a response

He is confused, treasury owes GSEs more than 100billion.

Senator Hagerty is now ASKING about ENDING the CONSERVATORHIP !

Senator Hagerty is now ASKING about ENDING the CONSERVATORHIP and the $100 Billion windfall to the Taxpayer if they would RELEASE them https://t.co/GaPL8gUBXP— Cmdr Ron Luhmann (@usnavycmdr) April 18, 2024

Freddie Green _ +.02 .... back on the Train .....

Looking forward to today's committee hearing as much as getting wisdom teeth pulled with no painkillers.
Govrats continue to stretch the Lamebrain case, when is he ever going to disappear from our plight...

I got put on 1 post a day on Fannie, I was too persistent with dddumbazz.

All good with you? Warming up a bit on the east coast..soon you'll be enjoying the black flies,lol.

I wonder if today's meeting something positive is said...

Selling pressure should see a pop, lmao !

Senate Banking & Housing Hearing Begins @ 10:10 am EST ...

Link :

https://www.banking.senate.gov/hearings/oversight-of-federal-housing-regulators

https://i.makeagif.com/media/2-29-2016/6ZrRwM.mp4

that would be unprecedented, not hung jury, not close, complete victory, and they want it wiped out like they do everything else when they screw American taxpayers

Govt goons have filed for Lamberth to THROW OUT the

UNANIMOUS 8-0 JURY JUDGEMENT and the DAMAGES

that "THEY" HAVE AGREED TO .. ! 67 pages worth :

https://www.glenbradford.com/wp-content/uploads/2024/04/13-mc-01288-423.pdf

$Booom ! ...
$FMCC $FNMA Exiting conservatorship is inevitable, not a matter of uncertainty There's clarity on this matter.

Testimony of Sandra L. Thompson
"FHFA will build upon this work to promote sustainability and durability of these reforms after the Enterprises exit conservatorship” pic.twitter.com/yQCuPJVg3r— Patrick (@InvestIt3) April 17, 2024

How many will fall for the next run up and then a few good drops then trickle drop like now? This has been the MO of those who are manipulating for years now. Too mnay penny chasers on these stocks that pump and are willing to try to day trade this only to realize they are getting played by bigger money, wash, rinse and repeat every quarter or couple quarters. We went up with nothing very solid or transformational as news, and now we go down the same way. How long before penny chasers learn the these 0.5, 0.10, 0.20, 0.25 cent etc runs are nothing more than a fishing expedition for the ones manipulating? Buy and hold the lowest priced shares you can manage to get. when wee see dollar pops, then yes, we are probably heading out of conservatorship, especially if there is "transformational" news. I myself have said a dozen times, until we break past $6 a share (FNMA) and start flirting with dollar pops, we are not going anywhere, and there's a very good chance that any run of a dollar plus over weeks, or months is nothing more than that fishing expedition going on. how many have been burned buying into that? I bet many who don't admit, because they are chasing a short term rise, and then chasing a falling knife.

Amen, Trunk

and this to shall pass.....

Red again !

FNMA $75 in 2002 was making half as much as in 2024.

If released, the potential is around $150.

150 x 700,000=$105,000,000.

105 million

We are of God and we know that the WHOLE WORLD LIETH IN WICKEDNESS.

GET THAT IN YER HEAD.
----
Col 3:1If ye then be risen with Christ, seek those things which are above, where Christ sitteth on the right hand of God. 2Set your affection on things above, not on things on the earth. 3For ye are dead, and your life is hid with Christ in God. 4When Christ, who is our life, shall appear, then shall ye also appear with him in glory.

5Mortify therefore your members which are upon the earth; fornication, uncleanness, inordinate affection, evil concupiscence, and covetousness, which is idolatry: 6For which things' sake the wrath of God cometh on the children of disobedience: 7In the which ye also walked some time, when ye lived in them. 8But now ye also put off all these; anger, wrath, malice, blasphemy, filthy communication out of your mouth. 9Lie not one to another, seeing that ye have put off the old man with his deeds; 10And have put on the new man, which is renewed in knowledge after the image of him that created him: 11Where there is neither Greek nor Jew, circumcision nor uncircumcision, Barbarian, Scythian, bond nor free: but Christ is all, and in all.

Php 4:4Rejoice in the Lord alway: and again I say, Rejoice. 5Let your moderation be known unto all men. The Lord is at hand. 6Be careful for nothing; but in every thing by prayer and supplication with thanksgiving let your requests be made known unto God. 7And the peace of God, which passeth all understanding, shall keep your hearts and minds through Christ Jesus.

Who knows about GSE advancements, its been so long, I am starting to believe GBs shell phone does get reception. But i sure wish we had ole Abe back. I really liked that guy.
just like i love anyone who goes out on a limb for what they believe is right and just. I love street preachers, their gifts are waiting for them is Heaven, anyone who mocks or torments them have already received everything they will ever get. God bless the lowly, Beatitudes are not very well understood, but someday, mans arrogance will run amuck and everyone will understand them. I sure hope God Blesses the GSE Common stock holders in particular, they have suffered much under injustice for over a decade.

grasping at anything he can - previously Sandra working Hard etc etc

Biden will take action before June - Bernstein and Brainard etc etc etc

She's taking us out of conservatorship $FNMA #FANNIEGATE https://t.co/atiQTqcqwP pic.twitter.com/EIMRRtf6zo— Fanniegate Hero (@DoNotLose) April 17, 2024

Glen Bradford instructing cship is ending!!

She's taking us out of conservatorship $FNMA #FANNIEGATE https://t.co/atiQTqcqwP pic.twitter.com/EIMRRtf6zo— Fanniegate Hero (@DoNotLose) April 17, 2024

GSEs green today starting out, KTCarneyval not happy with that,🤑 green with envy. 🤑

163,405 Block BUY - Shorts probably started the rumor -

they've done similar stunts many times - Whales are scooping

up the cheapies at least - STRONGER HANDS -

totally RIDICULOUS - GSEs have $118 BILLION CASH

any idiot even remotely entertaining receivership idea

has NO BUSINESS owning STOCK in ANY COMPANY let alone Fannie / Freddie

There were rumors of receivership in error

recovering after the no reason Dump ...

solid FREDDIE BUYING into the close ...

Freddie Vol 3.4 Mil vs Fannie Vol 3.1 Mil

FHFA ...

solid FREDDIE BUYING into the close ...

Freddie Vol 3.4 Mil vs Fannie Vol 3.1 Mil

yep that was a VWAP buy too (price indiscriminate)

234,966 Block BUY ... hungry Whales

$FNMAS $FNMA https://t.co/KcCWwAHBt9— Jarndyce Jarndyce (@JarndyceJ) April 16, 2024

The Sen Banking Subcom on Housing, Transportation & Community Development held a hearing on the challenges facing U.S. #housing stock. Chair Tina Smith stated that full Committee Chair Sherrod Brown is very eager to move forward with a set of housing bills.— ACG Analytics (@ACGAnalytics) April 16, 2024

GSE Conforming Jumbo Business Up in First Quarter

jdohnert@imfpubs.com 

Conforming jumbo volume and other noncore activity at the government-sponsored enterprises held up better than GSE business overall in the first quarter of 2024, according to a new analysis by Inside Nonconforming Markets. 

In the first quarter, total GSE volume decreased 14.7% from the fourth quarter of 2023. However, the volume of conforming jumbos included in Fannie Mae and Freddie Mac MBS increased by 8.0% to $6.05 billion in the first quarter. 

GSE volume involving investment-property loans and cash-out refinances declined in the first quarter, though at a slower rate than GSE business overall. And GSE activity involving mortgages for second homes declined at a slightly faster rate than total GSE business. 

The shifts helped to push the core share of GSE business down to 80.3% in the first quarter of 2024 compared with an 82.0% share in the fourth quarter.

GSEs Hold Steady on Home Sale Commissions / Exams by States Increase

bivey@imfpubs.com 

The government-sponsored enterprises issued notices Monday confirming their policies on commissions for home sales following a proposed settlement involving the National Association of Realtors. 

“Buyer agent fees have historically been fees customarily paid by the property seller or property seller’s real estate agent, and, as such, they are currently excluded from these financing concession limits,” Freddie Mac said in its notice. “If these fees continue to be customarily paid by the property seller according to local convention, they will not be subject to financing concessions limits.” ... 

State regulators initiated 2,085 exams of mortgage companies in 2023 through the state examination system within the Nationwide Multistate Licensing System, according to the Conference of State Bank Supervisors. That was up from 1,481 mortgage exams started in 2022...

That inverse head and shoulders pattern finished up and now we need to close above the $1.50 neckline to confirm a bullish reversal. GLTA!

$Fannie & Freddie 2023 $Combined $Value $7.4 $Trillion

🤣 The Dunning-Kruger effect, instead look into attached pic.twitter.com/I4Mua1ZJ8O— Ano (@Ano3020100) April 14, 2024

Here’s the drop before the pop!

Lots of good questions and info on that blog👍️ Thanks I have not read Howards blog in awhile.

Whalen never did when it comes to the GSEs ... and jus like

Trump derangement syndrome he spent his entire article

trying to dispel / explain away GSE Release?? Really??

which means .... its being discussed at circles / levels

WELL ABOVE our paygrade - that alone is a VERY BULLISH

indicator that it's ON THE TABLE - and posting info is

NOT an ENDORSEMENT just POSTING what is out there

Whalen has absolutely Zero credibility at this juncture in the Twins story!

Tim Howard commented on Whalen's article - obliterates his nonsense

https://howardonmortgagefinance.com/2024/01/16/the-crt-charade/#comments

DATE: Thursday, April 18, 2024 - TIME: 10:00 AM

LOCATION: Dirksen Senate Office Building 538

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet
in OPEN SESSION, HYBRID FORMAT to conduct a hearing on

“Oversight of Federal Housing Regulators.” The witnesses will be:

The Honorable Adrianne Todman, Acting Secretary, Depr of HUD; and

The Honorable Sandra Thompson, Director, Federal Housing Finance Agency.