Judges on the U.S. Court of Appeals for the Fifth Circuit were not buying what the government was selling at a hearing last week. That might be very good news for shareholders in the government sponsored enterprises (GSEs) Fannie Mae and […]
![By User:AgnosticPreachersKid (Own work) [CC BY-SA 3.0], via Wikimedia Commons](https://www.valuewalk.com/wp-content/uploads/2017/03/Fannie-Mae-Freddie-Mac-270x200.jpg)
Author: Investors Unite
Fannie Mae: Deep Skepticism At The 5th Circuit About The Net Worth Sweep
The government would have us believe the Federal Housing Finance Agency (FHFA) is unconstitutional in its structure but its actions are within the law. But U.S. 5th Circuit judges are wondering anew how it could possibly have been okay for FHFA, […]
Lamberth Agrees Fannie And Freddie Shareholders Can Still Press Claims
Late last week, U.S. District Judge Royce Lamberth, of all jurists, gave shareholders a small boost in the fight against the government’s ongoing seizure of the quarterly profits of Fannie Mae and Freddie Mac. On September 28, Lamberth agreed that […]
After Ten Terrible Years At Fannie Mae A Prelude To More Of The Same
It is now exactly ten years since Fannie Mae and Freddie Mac were placed into a government conservatorship as the U.S. economy inched toward a catastrophic free fall. And where do things stand? For one thing, what could have been […]
Southern District of TX Court Upholds The Net Worth Sweep, Exposes Taxpayers
In an otherwise disappointing ruling handed down by a federal appeals panel July 17, a dissenting view once highlighted the damage done by the government’s ongoing abuse of its statutory authority in confiscating the profits of the government sponsored enterprises […]
Can Fannie Mae Reform Flip The Election?
President Trump and Members of Congress know political strategist Jim Carville’s 1992 maxim, “It’s the economy, stupid,” still holds. Iran’s nuclear program, U.S. relations with Europe, and even battles over scandals matter much less to average Americans than whether they […]
Fannie Mae Has Paid Back Govt With Additional $50B At This Rate
Fannie Mae reported robust first quarter earnings earlier this morning, with comprehensive income of $3.9 billion. Courtesy of the Net Worth Sweep, by June of this year Fannie expects to pay Treasury a dividend payment of $938 million. With this […]
Looking At Fannie Mae Reform Ten Years Later
Steven Mnuchin was not even confirmed as Treasury Secretary when he assured in the fall of 2016 that GSE reform would be a top priority for the Trump Administration. That’s still his position. And it will be his position next […]
Time to Stop Taking Non-Serious Fannie Mae Reform Plans Seriously
As the tenth anniversary of the financial crisis that nearly brought down the global economy nears, it is astounding that ill-conceived experiments that would expose taxpayers to the risk of future bailouts are still being debated. But that is exactly […]
Fannie Mae And Freddie Mac: Seizing The “10 Percent Moment”
It is time to put to rest the fictional accounting that condemns Fannie Mae and Freddie Mac to perpetual status as wards of the state awaiting dismantlement. Both have reached their “10 percent moment,” removing a perceived barrier to long-term […]
