My thoughts on Peter Champman’s update from th717 $FNMA #FANNIEGATE
Peter’s remarks are below but I just wanted to point out that it is interesting that they made this claim at the point of August 12, 2012, because isn’t it…
Peter’s remarks are below but I just wanted to point out that it is interesting that they made this claim at the point of August 12, 2012, because isn’t it…
On February 21, 2013, Fannie Mae (formally, the Federal National Mortgage Association) appointed David C. Benson, age 53, as Executive Vice President and Chief Financial Officer of the company, effective…
Fairholme has also taken exhaustive depositions of key FHFA officials related to the Third Amendment, and has noticed the depositions of present and former Treasury officials. The question you have…
So, Bill Isaac says that taxpayers are being put at risk due to actions of US Treasury, and he’s right, because when taxpayers are singled out and forced to pay…
new timhoward717 blogs new malogni blogs new lawsuits?? more bank settlements a david fiderer book rumor, that was once a 10,000 word article and is now apparently going to be…
Right now the biggest lawsuit in town is found in the multiple actions brought to set aside the Third Amendment to the Senior Preferred Stock Purchase Agreement (SPSPA) that was…
http://seekingalpha.com/article/861451-cramers-mad-money-best-of-breed-will-bounce-back-9-11-12 Conversation with Tim Massad, Assistant Treasury Secretary for Financial Stability and Chairman of the TARP Disposal Program. Stocks mentioned: AIG (NYSE:AIG), General Motors (NYSE:GM), Fannie Mae (OTCQB:FNMA), Freddie Mac…
LAS VEGAS (MarketWatch) — Kyle Bass, head of hedge fund firm Hayman Capital, said Thursday that he’s betting on the preferred stock of government-owned mortgage giants Fannie Mae FNMA, +0.97%…
ALEX WROTE THE FOLLOWING. MY NOTES ARE IN RED. End Fannie and Freddie’s Free Ride on Government Credit Fannie Mae and Freddie Mac’s profits utterly depend on having their obligations…
Regarding the section on GSE reform… Maybe someone on the Senate Banking Committee will put the puzzle pieces together and show why each action is unwise and fraught with greater problems…