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Fannie And Freddie: FHFA Action Could Permanently Strengthen The Housing Market

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November 17, 2014 at 1:22 pm #2766
dpsims
Participant
Fannie And Freddie: FHFA Action Could Permanently Strengthen The Housing Market
Nov. 17, 2014 1:18 PM ET

Summary

FHFA action is a win-win for taxpayers, homeowners, and shareholders.
Analysts target $18 to $50 for post-conservatorship share values.
Treasury could receive a windfall from recapitalized GSEs.

New opportunities are emerging with the recent leadership shake-up in D.C. due to the mid-term elections. One of the biggest opportunities for both the executive and legislative branches is with the government sponsored entities (GSEs), Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC).

There is a simple solution to fixing the housing market permanently and starting down the path to permanent GSE reform. The Federal Housing Finance Administration (FHFA) has the power to act, under existing statutes, to strengthen these companies. The courts have even ruled that FHFA actions are exempt from judicial review, if the actions fit the purpose of FHFA in acting as conservator. If Congress desires, they can then follow the actions of FHFA, by amending, restating, or even canceling the companies’ charters, much like they did with Sallie Mae.

More:
http://seekingalpha.com/article/2688655-fannie-and-freddie-fhfa-action-could-permanently-strengthen-the-housing-market?notified=2567275

Note: Seeking Alpha has selected this article as a “Pro” article and it will be embargoed for 24 hours. It will be available at 1:20 tomorrow.
- This topic was modified 2 months ago by dpsims.
November 18, 2014 at 1:29 pm #2797

frankarabia
Participant

I fully endorse this article. I’m a Fannie Mae shareholder and I believe our rights as shareholders should be upheld.

November 18, 2014 at 1:43 pm #2798

caludio
Participant

Good summary of facts! Thank you David for writing so many articles about the GSEs .

November 18, 2014 at 2:41 pm #2800

mrfidlsticks
Participant

Once again Nice Job! and thanks for all you do!

November 18, 2014 at 4:05 pm #2801

dpsims
Participant

Thanks guys.

Let’s try to get more activity over here on this message board.

There are probably a few shareholders that infrequently check some of the boards like Yahoo Finance. If we get people consistently posting here, we may increase visibility for this site.

November 18, 2014 at 5:37 pm #2806

rejeandubois
Participant

Very food article David and thanks for your time that you put into this.
Tomorrow, apparently Mel Watts will testify before the Senate Banking Committee. Do you know if it will be televised. I sure would like to see that. Thanks

November 18, 2014 at 6:23 pm #2810

4duxs
Participant

Thank you David, this is a good article.

November 18, 2014 at 6:45 pm #2811

jwnoble3
Participant

Great write-up. The solution is simple and eloquent. Now is the time for FHFA to put aside politics and execute on this win-win solution for Americans.

November 18, 2014 at 7:01 pm #2813

dpsims
Participant

“Do you know if it will be televised. ”

I do not know. When I find out, I will post the link here in the discussion forum. I will probably live blog it here too.

November 18, 2014 at 7:07 pm #2815

dpsims
Participant

It says there will be a live webcast.

http://investorsunite.org/discussion/topic/fhfa-at-senate-banking-committee-november-19th/

November 18, 2014 at 9:25 pm #2819

catbirdseat
Participant

Very good article. The solutions are simple, yet the politics are tough. I pray we can all work through the politics and move forward.
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