February 2015

February 2015
Saturday February 28th 2015
Fannie Mae Stock Information – FannieMae.com
Posted for the first time since delisting.
01/22/2014 – How the Obama Administration Stole Fannie and Freddie – National Review
Fannie Mae and Freddie Mac Just Made Another $1.5 Billion — But Shareholders Won’t See a Dime – Motley Fool
Friday February 27th 2015
Questions to #AskWarren on #FannieGate and Market Valuations – David Sims Webcast
Jeb Bush says Florida years show he’s no moderate – Politico
He (Jeb Bush) said the powers of Freddie Mac and Fannie Mae to issue government-backed loans also “need to be reviewed.”
Kill Off Fannie Mae, Freddie Mac and You Kill the 30-Year Mortgage as Well – MainStreet.com
FHFA Division of Conservatorship – The Truth About FnF
Federal Housing Finance Agency Fiscal Year 2014 Performance and Accountability Report – The Truth About FnF
Popular Twitter Tags: #AskWarren   #FannieGate
Thursday February 26th 2015
David Sims Webcast – #NetNeutrality w/ $CMCSA $VZ and $NFLX , $MS & $RBS Settlements w/ $FNMA & $FMCC, $QQQ NASDAQ 5000 – Youtube
DOJ settles Mortgage security Fraud with …. To be paid to Fannie Mae #fanniegate – Fannie Mae Shareholders Blogspot
$FNMA court transcript – glenbradford.com
Treasury, FHFA Are Ignoring the Law in Their Handling of Fannie and Freddie Conservatorships – Bloomberg BNA
I’ll have a Double Capuano – Brilliant Congressman Tries Again! – The Truth About FnF
Fannie, Freddie in shareholder, government showdown – Fox Business Video
RBS Could Pay $7.7B To Settle MBS Suit With FHFA – IU via law360.com
Wednesday February 25th 2015
“With The Advent Of Subprime Lending, Countless Families Have Now Had Their First Opportunity To Buy A home” Amnesia Victim Rep. Hensarling 2005 – TH717 Post
Who Gets Fannie, Freddie’s $151 Billion: Investors or Taxpayers – Bloomberg Presentation (pdf)
Dick Bove: Mortgage lending won’t exist without Fannie, Freddie – Housing Wire
Bove: End to Fannie & Freddie Would Also Mean End to 30-Year Fixed Mortgages – Newsmax
Fannie, Freddie declining profits revive push for housing reform – MPAMag
Delinquency Rates Falling on Fannie Mae-Backed Mortgage Loans – DS News
David Sims Webcast – #Yellen, $QQQ 5000, FHFA talks with $GS, Gov’t on ‘Thin Ice’ with $AIG $FNMA #FannieGate – Youtube
David Sims Webcast – Capuano Introduces New GSE Reform Bill – Youtube
The Truth About FnF Blog Post – FHFA Update Feb 23 2015
Rep. Michael Capuano Sponsers Bill for GSE Repayment – POPVOX
Tuesday February 24th 2015
David Sims Webcast – #Yellen Testimony, Dick Bove on #FannieGate, and Home Prices/Building – Youtube
Invesco’s Mortgage REIT Turns Winner in Fannie-Freddie Debt Bet – Bloomberg
What will happen to these Freddie Mac Preferred? – Sims On Finance
Is Freddie Mac Rebuilding Its Investment Portfolio? – Valuewalk
Why The Status Quo Is Likely To Continue For Fannie Mae And Freddie Mac – McGraw Hill Financial
This could shock US housing market: Bove – CNBC
The lawyer who talked too much – and lost the Fed privilege in AIG bailout suit – Reuters
AIG article
Monday February 23rd 2015
Bill Maloni Blog – Hide the valuables and the feedstock, Congress is Back
CMLA calls on FHFA, Treasury to recapitalize Fannie and Freddie – Housing Wire
Fannie Mae and Property Rights
John Carney tries, and fails, to defend his position on the 3rd Amendment Sweep
Submitted by John Carney of the Wall street journal: His words and how he is wrong – Fannie Mae Shareholders Blog
A nice rebuttal to Carney’s piece
There’s a new mortgage crisis brewing – Richard Bove – CNBC
David Sims Webcast – Nasdaq 5000, Weak Home Sales, #FannieGate, and Bitcoin
FHFA Director Mel Watt Holding Town Hall in Newark, NJ – IU Blog
Re-Building A House Of Cards: FHA Is Not The Answer – Daily Caller
Fannie Mae: Bove speculates about seven year agency patch – Valuewalk
iHub Message – Joint status report regarding the next status conference
Meet the Wall Street Refugees Running Freddie Mac’s Bond Trades – Bloomberg
Sunday February 22nd 2015
Fannie Mae: The Third Amendment Sweep Is Endangering The Taxpayer – Valuewalk
TH717 Post – Closet Socialist Christopher Whalen Triumphantly Declares “Rule Of Law Is Dead”
$FNMA court transcription from last session – glenbradford.com
Newly Released Documents Reveals Advice to Fed in A.I.G. Bailout – NY Times
Article on the AIG court case
Summing Up the Latest Light Reading from the AIG Bailout Trial – WSJ
More on AIG
Fannie Mae And Freddie Mac Earnings Analysis – Seeking Alpha
Lenders begin easing requirements to get a mortgage – LA Times
The Truth about FnF – Dusting Off FIRREA: Old Statute Is Now Potent Weapon
Fannie Posts Much Lower Earnings; CEO Says Lack of Capital Cushion Increase – IU via IMF
Courts Confirm Fannie and Freddie Are Sovereign Credits: Report – National Mortgage News
Housing: Administration must save dream – Missoulian
Yale’s Robert Shiller: ‘This Is the Most Dramatic Housing Slump We’ve Ever Had’ – Newsmax
Saturday February 21st 2015
Fannie Mae Hit by Derivative Losses – Sims on Finance
America’s National Housing Policy in 2015: Destination Unknown – Huffington Post
Fannie Mae’s Quarterly Income Fell to $1.3. Billion – NY Times
Fannie, Freddie Weak Earnings Raise Possibility of Future Bailouts – WSJ
The Truth about FnF – FHFA: A number of options were considered for reformulating the dividend structure
Friday February 20th 2015
Fannie Mae Profit Falls From Record Inflated by Tax Credits – Bloomberg
GSE Payments Detailed – Valuewalk
Fannie Mae 2014 10k – FannieMae.com (pdf)
Fannie Mae to pay another $1.9B to Treasury – Seeking Alpha
David Sims Webcast – Fannie Sends More Money to Treasury – Youtube
Fannie Mae Sends $1.9 Billion to Treasury After Q4 Earnings – Valuewalk
The New, Boring Banking – Bloomberg View
Freddie Mac Profit Slips On Interest Rate Hedges – Seeking Alpha
Fannie Mae and Freddie Mac – Never been better – Economist
The Third Amendment Sweep is Endangering the Taxpayer – IU Blog
Statement from NAHB Chairman Tom Woods on Latest Earnings Report from Fannie Mae – NAHB
Fannie, Freddie weak earnings raise possibility of future bailouts – Morningstar
The GSE Fannie Mae Freddie Mac lie, as told by FHFA and Treasury! – Fannie Mae Shareholders Blogspot
Concerns grow over Fannie, Freddie shrinking profits – The Hill
Thursday February 19th 2015
Freddie Mac 4Q 2014 Financial Results – FreddieMac.com (pdf)
Freddie Mac reported another outstanding quarter and year in 2014 – IU Blog
Kroll: Fannie & Freddie were, are and will always be GSEs – Housing Wire
Freddie Mac CEO: Don’t expect low down payment mortgage craze – Housing Wire
Interesting tweet from @GMorgenson
David Sims Webcast – Freddie Mac Profit Slips & Taxpayers at RISK – Youtube
Why Fannie Mae And Freddie Mac Are Down Today – Bidness Etc
Michael Barone commentary: Government caused financial crisis, may do it again – Columbus Dispatch
The Truth about FnF Blog – Freddie Mac Profit Slides on Derivative Losses – via WSJ
Freddie Mac Reports Profit Drop Amid Losses on Derivatives – Bloomberg
Fannie Mae shares dropping as traders cash out of ‘Greenberg trade’ – Fox Business Video
Wednesday February 18th 2015
Housing Turning Point Seen in U.S. First-Time Buyers – Bloomberg
Fannie Mae: Great Piece By The New York Times’ Gretchen Morgenson – Valuewalk
If We Decide to Keep Fannie Mae Around… – Cato Institute
The Resolution of Systematically Important Financial Institutions: Lessons from Fannie and Freddie – CLS Blue Sky Blog
The Future of the Federal Housing System – CLS Blue Sky Blog
Set the Wayback Machine for Housing Finance Reform, But To When? – CLS Blue Sky Blog
Government needs to act on bailed-out company risks – BG Daily News
David Sims Webcast – Experts Weigh-in on GSE Reform – Youtube
TH717 Post – Fox Business/Charlie Gasparinos “Greenburg Trade” exposed as total fraud. (Greenburg Delusion)
Tuesday February 17th 2015
TH717 Post – Hopefully Not Another: “The Untouchable Profits of Fannie Mae and Freddie Mac” and Silence?
SimsOnFinance – Fannie And Freddie: Ultimately The Truth Will Prevail – Tumblr
Bulls Take Control – Seeking Alpha
Freddie Mac Sets Release Date for Full-Year 2014 Financial Results – Street Insider
“The company will hold a conference call at 9:00 a.m. Eastern time (EST) on Thursday, February 19, 2015…”
More Stand to Win in AIG Case than Just Hank Greenberg – Fox Business
Here’s Why Federal National Mortgage Association Fannie Mae And Freddie Mac Stock Are Trading Up Today – Bidness Etc
The Truth About FnF Blog Post – Fantastic February for Fans of Fannie and Freddie
David Sims Webcast – Fannie & Freddie Shares Appreciate – Youtube
Monday February 16th 2015
RBS May Face Extra $15.4 Billion of Misconduct Charges – Bloomberg
The government really doesn’t want to talk about Fannie, Freddie profits – Housing Wire
David Sims Webcast – The Peanut Butter and Jelly Sandwich Investor – Youtube
Bill Maloni Blog – 2015 President’s Day edition, Yay GM
Gasparino: Money managers predicting Greenberg victory – Fox Business Video
Low Down Payments Make a Comeback – CNN Money
Sunday February 15th 2015
Why Did This Billionaire Buy Another 5 Million Shares of Fannie Mae and Freddie Mac? – Motley Fool
David Sims Webcast – Weekend Update: Read the New York Times – Youtube
Saturday February 14th 2015
After the Housing Crisis, a Cash Flood and Silence – NY Times
NY Times realizes something is not quite right with the government stonewalling in court.
Fairholme Conference Call – Transcript from 2/3/15 – pdf
Glen Bradford reports fraud to OIG – glenbradford.com
Friday February 13th 2015
Watt Homeowner Relief Vies With Fannie-Freddie Health – Bloomberg
David Sims Webcast – Shareholders are Partners with the Government in Restructuring – Youtube
Ackman: Fannie ‘best trade…in capital markets’ – CNBC
Loan Loss Only Part of Financial Crisis Story – Cato Institute
Ackman: “We Need to Recapitalize Fannie and Freddie” – Bloomberg Video
Thursday February 12th 2015
David Sims Webcast – What’s Fannie and Freddie Common Stock Worth? – Youtube
The Truth about FnF – Blog Post – Waters Responds to Hensarling’s “Review” of HUD
TH717 Post – Hensarling – Wallison Host “Fairy Tales From The Financial Crisis” Book Event.
After inking deal for new headquarters, Fannie Mae on the hunt for more space in Reston – Bizjournals.com
Mr. Wallison’s Curious View of the Rule of Law – IU Blog
Freddie Mac Catching Up in Apartment Boom: Mortgages – Bloomberg
Pershing Square’s Ackman says bullish on Fannie, Freddie – Yahoo
Bill Ackman BBG Interview At Harbor Conference – Valuewalk
Wednesday February 11th 2015
Fannie Mae and Freddie Mac – Wind-down or Reprieve? – Institutional Investor
Who Thinks The GSEs Can? Who Thinks The GSEs Can? – IU Blog
S&P Report: The Status Quo May Continue For Fannie And Freddie
iHub Post from Zargis – A breakdown of Mel Watt’s testimony at the Hearing for Sustainable Housing and Finance
David Sims Webcast – Zero Coupon Bonds Comparison for Preferred with Suspended Dividends
Fannie And Freddie: Congress Established Rules In 2008 – Seeking Alpha
The Truth about FnF – Blog Post – Feb 11: Secretary Castro – Written Testimony HFS Committee
Tuesday February 10th 2015
Bruce Berkowitz Comments On Fannie Mae And Freddie Mac – GuruFocus
David Sims Webcast – Treasury’s Question and Answer Document from 2008 – Youtube
Axelrod: Obama Misled Nation When He Opposed Gay Marriage In 2008 – Time
Not GSE related, however the article goes into detail how President Obama thought one thing and purposely said something completely different for political purposes. Just like the GSE situation in my opinion.
The Truth about FnF – Blog Post – February 12 Meeting: Markup to adopt HFS Committee’s views and estimates on 2016 budget
The Truth about FnF – Blog Post – The FHFA director may terminate the conservatorship if safe and solvent conditions can be established.
Monday February 9th 2015
About that $191B Profit from the GSEs – GlobeSt.com
Bill Maloni Blog – Feeling Snarly!!
Welcome to Carney-World, Where Facts Are Optional – IU
The Conservatorships of Fannie Mae and Freddie Mac: Actions Violate HERA and Established Insolvency Principles – Cato Institute (pdf)
House GOP Wants to Know What DOJ Did With $36B in Bank Fines – Fox News
Investors are Casualties in Battle Over GSEs – IU via WSJ
David Sims Webcast – Recent News and Portions of Mark Calabria’s Recent Interview – Youtube
Treasury Can Void SPSPA With Court Order – Seeking Alpha
Sunday February 8th 2015
Fannie, Freddie and the Right Wing Myth of a “Mortgage Meltdown” – OpEd News
The Great American Dream, Still Deferred – NY Times
Saturday February 7th 2015
U.S. budget deficit grew slightly in first four months of FY 2015-CBO
-The authors claim the deficit grew b/c fnf sent the government “lower payments.”
Treasury to buy $5 bln in Fannie, Freddie MBS – from 2008
“officials said the government has no plans to exercise those warrants”
Friday February 6th 2015
FHFA Director Says He Is Powerless to Alter GSE Bailout Agreement – DSN News
The Little Regulator That Could (but Hasn’t) – Scribd
The Little Regulator That Could (but Hasn’t) – Youtube (SimsOnFinance)
Fairholme Funds Discussion on Fannie Mae and Freddie Mac – Youtube
Overseer of Fannie and Freddie Takes Cautious Steps to Strengthen Housing Market – NYTimes
Thursday February 5th 2015
Buying This Stock is Like Buying a Lottery Ticket – Motley Fool
Berkowitz Says No Free Lunch Buying Hated Stocks – Bloomberg
Berkowitz Buoyed by Reform Deadlock on Fannie-Freddie – Bloomberg
Bruce Berkowitz Adds To Fannie Mae, Freddie Mac Positions – Valuewalk