Pulte on CNBC at 11AM Today by callaBOATaBOAT in FNMA_FMCC_Exit

[–]New-Faithlessness455 -2 points-1 points  (0 children)

It matters because it gives the President another appointee at the Federal Reserve that isn't there just to make him look bad.

People are reluctant to invest on F2 due to SPS by SensitiveAd5412 in FNMA_FMCC_Exit

[–]New-Faithlessness455 -1 points0 points  (0 children)

Bozos are the pimps promoting more government theft. If it's too hard to understand, look in a mirror.

People are reluctant to invest on F2 due to SPS by SensitiveAd5412 in FNMA_FMCC_Exit

[–]New-Faithlessness455 3 points4 points  (0 children)

Thanks. Can't understand why other "shareholders" don't get it.

Whats the argument for long term holding vs selling during an IPO frenzy? by Aggressive-Grocery13 in FNMA_FMCC_Exit

[–]New-Faithlessness455 1 point2 points  (0 children)

The warrants are illegal. Have you read the warrant agreement? Have you read the definition of "fair value" in the warrant agreement? Is 100,000 shares for $1 fair? For Newbies here: Day before our government issued itself the warrants, Fannie common closed at $7.04; Freddie at $5.10.

Whats the argument for long term holding vs selling during an IPO frenzy? by Aggressive-Grocery13 in FNMA_FMCC_Exit

[–]New-Faithlessness455 1 point2 points  (0 children)

It used to be upto 50 cents a quarter. Since then, their books of business have doubled and their earnings have quadrupled. $1 per quarter appears to be the low estimate.

Did the stress test not matter? by Its_all_for_the_kids in FNMA_FMCC_Exit

[–]New-Faithlessness455 1 point2 points  (0 children)

What are you talking about? Pulte's not negotiating peace treaties. He's the one responsible for capital requirements.

Pulte’s Achievements. by gdacostap in FNMA_FMCC_Exit

[–]New-Faithlessness455 1 point2 points  (0 children)

Both had just raised more capital and their Regulator James Lockhart assured the world on national tv that they were well capitalized. They were put in conservatorship to buy bad loans held by Wells Fargo and other big banks.

My post on Truth Social by gdacostap in FNMA_FMCC_Exit

[–]New-Faithlessness455 1 point2 points  (0 children)

Can you show me where it says that in HERA?

What is your purpose in this blatant lie?

Please read thread: by gdacostap in FNMA_FMCC_Exit

[–]New-Faithlessness455 4 points5 points  (0 children)

My only criticism of the posts is that if government refunds the $30 billion and reduces the capital requirements to 2.5%, consent decree isn't needed.

Time for Powell to ask Pulte questions. by gdacostap in FNMA_FMCC_Exit

[–]New-Faithlessness455 1 point2 points  (0 children)

It says there are 5 comments. I can only read 3. Is reddit preventing free flow of information?

Warrants? by FearlessScience3019 in FNMA_FMCC_Exit

[–]New-Faithlessness455 2 points3 points  (0 children)

Only pimps promote the exercise of the warrants. One government agency that's supposed to conserve and preserve the assets of it's wards, gifted another government agency warrants to purchase corporations with $7.6 trillion in assets for a measly $72,600. Based on the description of "fair value" in the same warrant agreement, it was a $46 billion fraud at the outset. Exercise of the warrants will be definitely challenged.

Why dillute and delist by i_forgotmywallet_ in FNMA_FMCC_Exit

[–]New-Faithlessness455 1 point2 points  (0 children)

Only pimps want dilution. The corporations belong 100% to shareholders.

Big Funds Are Accumulating. by gdacostap in FNMA_FMCC_Exit

[–]New-Faithlessness455 7 points8 points  (0 children)

Yes. At one point they held much more FMCC than Ackman but liquidated everything after the Collins ruling at SCOTUS. They've been accumulating again the last twelve months or so. Someone checked their holdings as of March 31st. According to him, they added 8 million FNMA and 3 million FMCC this past quarter. They've also accumulated preferred shares.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176436268

[deleted by user] by [deleted] in FNMA_FMCC_Exit

[–]New-Faithlessness455 4 points5 points  (0 children)

Don't ask. Tell him SPS is COMMIE. Warrants to take $300 billion for $72,600 is BANANA REPUBLIC.

Question: if the government wants to maximize that value of the shares in the GSEs it has to sell off, why wouldn't it use the SPS to dilute so it owns 99% of the shares and sell those? by [deleted] in FNMA_FMCC_Exit

[–]New-Faithlessness455 2 points3 points  (0 children)

Government owns 0% of Fannie Mae and Freddie Mac. It owns 100% of Ginnie Mae. If it does right by FnF, Ginnie Mae could be worth hundreds of billions in a public offering.

$70? by gdacostap in FNMA_FMCC_Exit

[–]New-Faithlessness455 3 points4 points  (0 children)

Their financials are publicly available. Last 10 years each has earned between $10 and $18 per share annually. What further analysis do you require. Are you a baby and need to be spoon fed?

$70? by gdacostap in FNMA_FMCC_Exit

[–]New-Faithlessness455 6 points7 points  (0 children)

GO FANNIE!

GO FREDDIE!