LuLeVan
3 hours ago
The price increases (especially JPS) are a clear indication that the market
1. expects Trump to win, and
2. assumes that Trump will actually release FnF.
The probability that (1) is true is 80% in my opinion.
The probability that (2) is true is only 60% in my opinion. Some here are wondering why Trump didn't accomplish anything from 2016 to 2020, and whether this isn't an omen that it could happen again - i.e. that Trump will side with Wall Street, which wants to continue to hold FnF captive.
There are also dangers in releasing FnF. The president who releases FnF will later be held responsible if this has a negative impact on the US economy and the US real estate market. Whoever does nothing (Biden, possibly also Trump) remains untouchable in this sense.
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Thus, the overall probability of a release under Trump is 0.8 x 0.6 = 48%.
Ultimately, betting on Trump remains less promising than a coin toss. With a coin toss, the statistical probability of heads or tails is 50% - and therefore even higher!
trunkmonk
3 hours ago
they not only stole GSE investors money from them, for a couple years they were trying to get rid of a lot of their jobs too. yes KTCarneyCorkerObamaBiden, you want to keep stealing, but we will never forget, and fight to the end.2028 will be a very big year in one way or another, saving up for class action.
chessmaster315
4 hours ago
Yes. Its the new normal in America. When Obama Biden hire a corrupt direcotr, and steal 180 billion dollars from firemen, police, teachers and others who invested in Fannie mae and Freddie mac, they get rewarded. When "they even think" a republican may be guilty of a crime, he is punished to the full extent. Its the new double standard.
Wise Man
10 hours ago
The unaudited quarterly Financial Statements are certified by the CFO with a signature and, in a different sheet, by the President and CEO.
Based on my knowledge, the financial statements....fairly present in all material aspects the financial condition (Balance Sheet)....of the registrant as of the period presented in this report.
, but the annual Financial Statements are audited by an independent auditor: PwC in Freddie Mac and Deloitte & Touche LLP in Fannie Mae (with a former PwC executive serving on the BOD).
The consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2022 and 2021.
Yeah, right! With all the SPS LP increased for free quarterly in an amount equal to the Net Worth increase, in the absence of dividends to the UST since September 2019, absent from the Balance Sheets, and a one-time $3B in December 2017, along with their corresponding offset (reduction of Retained Earnings account).
The S.E.C. received a complaint about it.
The crooked litigants submit to court their fabricated GSE charts, instead of submitting the financial statements from the enterprises, in order to conceal it.
Only the Income Statement with $0 EPS, close to $0 or negative EPS, is correct. An amount covered up by the plotters Guido and Timothy Howard: "The EPS is $2.8" (Also the 2024-2025 estimations in the Bloomberg Terminal) and "Minuscule PER", when the PER is enormous or N/A when the EPS is negative or $0. (PER = stock price/annual EPS or, what is the same, Market Capitalization/annual Earnings)
Although the Separate Account plan is authorized with the FHFA-C's Incidental Power, there's been several Securities Law violations in the process, for which we request a symbolic and voluntary compensation for Punitive damages.
RickNagra
20 hours ago
Oh wow. Oh wow. Oh wow.
Which securities will be affected by T+1? According to the Financial Industry Regulatory Authority (FINRA), stocks, bonds, exchange-traded funds (ETFs), certain mutual funds, municipal securities, Real Estate Investment Trusts (REITs), and master-limited partnerships (MLPs) traded on U.S. exchanges will move from T+2 to T+1 as of May 28.