[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

Luke thanks for posting both Bloomberg Intelligence pieces.

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

am i crazy or does that entire WSJ not reflect  what Mnuchin actually said?..

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

https://www.bloomberg.com/news/articles/2020-12-01/trump-s-time-is-short-to-redo-fannie-freddie-as-hedge-funds-want?utm_source=twitter&cmpid=socialflow-twitter-business&utm_content=business&utm_medium=social&utm_campaign=socialflow-organic

 

just hedge funds want this..lol

 

"The preferred shares they own would likely soar if the Treasury Department relinquished or altered the terms of its roughly $220 billion stake of senior preferred shares in Fannie and Freddie -- a move Calabria is urging."

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

I agree, but no matter when they did it they were always going to face backlash. Time to die the cast..

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

I got that same feeling. Trying to set the narrative of exactly that

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

https://www.wsj.com/articles/fannie-freddie-overseer-seeks-to-end-federal-control-before-trump-leaves-11605873600

 

complete 180 from last friday lol

[Interview with David Kim of Scuttleblurb on his investment/research process]

Ya I realized it was written interview after. Thought this was great and really enjoyed it. Keep it up

[Interview with David Kim of Scuttleblurb on his investment/research process]

Awesome Liberty. Will give it a listen later

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

2nd that. I come here primarily for his opinion

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

if you do a free trial, its a buck for 30 days i believe

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

wouldn't that be something. a crisis put them in this mess and a crisis that takes them out of this mess...

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

Thanks for posting Luke

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

https://housingfinancestrategies.com/235-2/

 

Latest from Craig Phillips

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

I promised myself that I would stay at the position level I was at for the rest of this trade but man is it ever tempting

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

F and F still need sufficient capital on their books before raising equity. Even if this pushes the rule until spring 2020 they weren't going to market most likely before then while still building equity capital. So I see it as no harm no foul and let's them get the right capital amount (hopefully)

 

It is slightly annoying though that Calabria could have re-proposed this a few months ago instead of going to a different conference once a week

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

https://www.banking.senate.gov/imo/media/doc/Calabria%20Testimony%202-14-19.pdf

 

 

"I have even brought with me today my nearly decade old, dog-eared personal copy of HERA. Whatever the policy issue, my first question will always be “what does the statute say?"

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

https://www.americanbanker.com/news/white-house-pushes-surprise-fannie-freddie-reform-plan-but-is-it-workable

 

"We do not believe that the OMB proposal enjoys much support within government. It is interesting that it came out without direct expressions of support of Treasury or HUD, both of which are major players within this White House on housing policy," Seiberg said in a research note."

 

man im confused

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

mnuchin on cnbc at 1. doubt he'll mention housing finance though

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

https://www.wsj.com/articles/ackermans-take-fannie-freddie-deal-unlikely-this-year-1522752047

 

anyone with a wsj pro subscription wanna post this article?

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

also, senator cotton is a trump devotee i believe and wouldn't support something trump wouldn't. also during one of the hearings with demarco this summer he was the only one that asked about what happens to the lawsuits

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

Regarding the backing of Treasury and FHFA, i remember Craig Phillips saying Mnuchin met with C/W and saying he's supportive of them coming together for a bipartisan bill. Not that he's backing what they are putting into the bill yet. Big difference

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

also, do you think its most likely Watt ran this white paper by Mnuchin?

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

Rosner on twitter saying he read draft of the bill and says its a "POS"

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

just gonna post that Luke. This process has to fail and then Mnuchin will hopefully step in.

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]