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Federal National Mortgage Association (FNMA)

Other OTC - Other OTC Delayed price. Currency in USD
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0.6960-0.0090 (-1.28%)
At close: 03:52PM EDT
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  • G
    Gabe
    What exactly was discussed at today's court session, is any information available ?
  • A
    Anthony
    The legislative branch of government has had 14 years to present what they said would be forthcoming regarding the GSE's. If this isn't a evaluation of incompetent performance it must be a cover up of truth.
  • B
    Black
    The conspirators are annoyed by the fiasco of their conspiracy. There is no status conference today, after judge Lamberth received a cease-and-desist-letter from the DOJ demanding that the misconduct be stopped. No court news this week. The market maker is dumping his last common stocks accumulated, clearing the path for the announcement of the secret plan, just as our maestro Carlos predicted.
  • B
    Black
    On Monday, there is Oral Arguments in the Lamberth's court for a "bench trial", which confirms that the DOJ has barred the Class Action (improperly certified) because it'd be a "jury trial". The parties (the DOJ isn't a party) rushed to convene unscheduled Oral Arguments when they are cases that began in 2013 and Oral Arguments take place in the start of the proceedings. So, the parties just seek court news so that more investors buy the illiquid JPS instead of the real thing, the common stocks, and an attempt negotiate a settlement on their own so that the FHFA is relieved of announcing the Secret Plan.
  • A
    Anthony
    A newly formed agency FHFA put the GSE's under Conservatorship. The agency that FHFA took over must have been lacking the ability to manage their operations while regulating the housing financial system. So why weren't they placed in Conservatorship instead of just changing their name? The GSE's could've changed their name too. Why no legal due process, just legislative and administrative action being the only hope of ending Conservatorship? Why wasn't there a Congressional committee to investigate this Conservatorship?
  • R
    RUSHARMY
    Let me explain this to you... this is your government at work
  • c
    curly
    I thought we were heading to 50 cent?
  • G
    Gabe
    My guess, that within next 2 weeks some of a detailed information would appear in regards to the upcoming July 11 trial and pre-trial conference. Let's wait and see what would happened.
  • G
    Gabe
    As appeared approximately 100,000 identifiable class members were contacted for the July 11 trial.
  • B
    B-Daddy - gonna B Ur Daddy
    wow the govt and the conservator are doing wonders for these companies. Joe is the best thing for the stock market, Let’s go Brandon
  • W
    Warrior Boat Shoes
    Preparing the music set list for the drive to Miami. Request welcome!
  • G
    Gabe
    Plaintiffs engaged Anjan V. Thakor, Ph.D., as their expert:

    Prior to joining the Olin Business School, Thakor was The Edward J. Frey Professor of Banking and Finance at the Ross School of Business, University of Michigan, where he also served as chairman of the Finance area. He has served on the faculties of Indiana University, Northwestern University, and UCLA. He also served as an expert witness in many federal cases involving banking litigation.
  • j
    jim
    We have to ride out this administration. More and higher inflation on the horizon with the CPI up 11%. Stock price means nothing at this point the end result is what is important. I will not sell because this thing could change on a dime.
  • M
    Mister
    Of course this stock will go down with the rest of them as build back better continues to ply its trade. The syndicate doesn't care much because the twins will do their thing, and the big guys will get 10% of any profits. Is the 10% a standard extortion fee the syndicate gets? Is it a flat rate for all their deals or does the rate vary.
  • W
    Warrior Boat Shoes
    Thank god I have a few grand to pick up some more at .50
  • B
    Bob
    Not sure why my comments are removed....

    It appears that those currently in power want to wipe out common stock and recapitalize the companies. Not sure how they justify that when companies are not in financial trouble. My guess is they pay off Junior Preferred at Par and given common holders little or nothing.

    Everything should be done before midterms, as after that that will have to fight congress.
  • B
    Black
    ***COMMON SHARE PRICE SHATTERS AS CARLOS VIGNOTE IS REPORTEDLY TAKEN INTO CUSTODY AS AN IMPOSTER NEGOTIATOR*** Interpol Agents appear to have been the ones taking him into custody. Charges are anticipated to include impersonation of a financial expert, impersonation of a lawyer, impersonation of a financial planner and impersonation of a maestro. It is expected that Vignote will be tried in the judicial system of Spain where the penalty for his actions if upheld by the court could include death by firing squad or life imprisonment in the dung cellar at the Madrid bullring.
  • W
    Warrior Boat Shoes
    $267 - $240 (Secret Plan) = $27 for Miami tickets. Thousand share minimum.
  • A
    Anthony
    This is the false story government wants to portray:. both GSEs were approved to receive bailout funds from the government to help stabilize the economy. Ever since the enterprises took on this debt, they were put in conservatorship and held by the Federal Housing Finance Agency, who also created a preferred stock plan to take back control of the GSEs.
    So they say the Enterprises "took on the debt of the bailout". Truth they were forced to receive that debt by government agents that took over the management of the Enterprises. Truth, forced to accept an agreement to issue warrants, 10% dividends and a Conservatorship with government agents running the day to day operations of the Enterprises. Truth, government agents because the management are not approved by the shareholders. Truth, the government and their Conservatorship won't debate the facts leading up to the government takeover of the Enterprises leaving shareholders without any sense of accountability by governmental actions to exclude shareholders interaction with their private property.
  • A
    American
    Opportunity? I bought all I could and will continue every week until this catches the right tradewind.