FNMA and FMCC preferreds. In search of the elusive 10 bagger.

[orthopa]

the whole question of fhfa director removal is before scotus, likely to be decided in march. so I don't see Calabria going anywhere until then if Biden wins.

if Mnuchin settles collins wouldn't the fhfa director removal go away also - and so a challenge to his constitutionality would start anew?

Common sense based on what Calabria wants to do would be to try to delay his removal in anyway possible and for as long as possible. History with the court cases has shown the common sense outcome seems to never come.

A trump win is a double edge sword, Calabria can stay longer but there then there is no rush and we right back to where we are now if not less regards to a sense of urgency.

[cherzeca]

the whole question of fhfa director removal is before scotus, likely to be decided in march. so I don't see Calabria going anywhere until then if Biden wins.

if Mnuchin settles collins wouldn't the fhfa director removal go away also - and so a challenge to his constitutionality would start anew?

yes.  and so your point is interesting...that it is in calabria's own personal interest to settle and moot collins

[cherzeca]

justice Ginsburg has died.  she was a fantastic trailblazer for women's rights, and for women in law.  and she was a tireless and devoted justice...who I disagreed with on almost all decisions. RIP.

why post this on a GSE thread?  if I had to guess, she would have been a vote for the government in collins.  now her seat will be empty while the court hears and decides collins.

[orthopa]

justice Ginsburg has died.  she was a fantastic trailblazer for women's rights, and for women in law.  and she was a tireless and devoted justice...who I disagreed with on almost all decisions. RIP.

why post this on a GSE thread?  if I had to guess, she would have been a vote for the government in collins.  now her seat will be empty while the court hears and decides collins.

I just saw this now also. How does this affect anything if at all? Is there such a thing as a split decision with one justice out or would it go to Roberts for the tie breaker? The never ending GSE saga.

[muscleman]

justice Ginsburg has died.  she was a fantastic trailblazer for women's rights, and for women in law.  and she was a tireless and devoted justice...who I disagreed with on almost all decisions. RIP.

why post this on a GSE thread?  if I had to guess, she would have been a vote for the government in collins.  now her seat will be empty while the court hears and decides collins.

I am shocked to see this. Is it too late to nominate a supreme court justice before election?

[cherzeca]

justice Ginsburg has died.  she was a fantastic trailblazer for women's rights, and for women in law.  and she was a tireless and devoted justice...who I disagreed with on almost all decisions. RIP.

why post this on a GSE thread?  if I had to guess, she would have been a vote for the government in collins.  now her seat will be empty while the court hears and decides collins.

I am shocked to see this. Is it too late to nominate a supreme court justice before election?

I expect trump to proceed full stream ahead.  50 R senators need to vote aye

[muscleman]

A lot of home owners are unable to pay their mortgage now. Also increasing number of renters unable to pay rent. I wonder how this may affect FnF since they guarantee the mortgages?

[orthopa]

A lot of home owners are unable to pay their mortgage now. Also increasing number of renters unable to pay rent. I wonder how this may affect FnF since they guarantee the mortgages?

This is why the FnF has issued the forbearence guidedance, new proposed fee, etc. Has been dicussed in detail here in this thread over the last couple of months.

[cherzeca]

what happens if SCOTUS decides Collins with 8 justices and they split 4-4?

https://twitter.com/RuleofLawGuy1/status/1307316780302557184?s=20

[orthopa]

what happens if SCOTUS decides Collins with 8 justices and they split 4-4?

https://twitter.com/RuleofLawGuy1/status/1307316780302557184?s=20

Thanks cherzeca.

The logic would then follow that if RBG was a vote against Ps then any trump nominee should be a vote for. Senate would essentially be voting in someone who would on paper go against the own administration/Treasury/Mnuchin in this case.

Double the reason to try to move to a settlement. Maybe/hopefully this was the plan anway and none of this matters although its quite ironic.