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blmohr

@blmohr

, 4 tweets, 2 min read Read on Twitter

FHFA formally ends mortgage volume discounts from Fannie Mae, Freddie Mac

"Federal Housing Finance Agency Director Mark Calabria recently issued a formal directive to end guarantee fee discounts for high-volume lenders from Fannie Mae and Freddie Mac."

housingwire.com/articles/50212…

"Dr. Calabria served as Chief Economist to Vice President Pence since February 2017. Prior to his work in the WH, Dr. Calabria was Director of Financial Regulation Studies at the Cato Institute. "
fhfa.gov/Media/PublicAf…

Sept. 11, 2019
"...Mnuchin told a Senate committee he wants to reach an agreement quickly w/ the regulator of Fannie Mae & Freddie Mac to allow the companies to keep their profits to rebuild capital–a 1st step in releasing (them) from government ownership.
housingwire.com/articles/50131…

https://twitter.com/blmohr/status/1119915744865718272?s=20

https://twitter.com/blmohr/status/1119915744865718272?s=20

https://twitter.com/blmohr/status/1119915744865718272?s=20

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Ali Adair #DoTheRightThing🆘 🇺🇸🌎🔥💦🌪️

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🧵1.1 THREAD—Why Did Jeffrey Epstein Get Such a Lenient Sentence?

*⃣ Part 1—Who is Jeffrey Epstein?
This thread comes after reading over 300 newspaper & magazine articles, law journals, court documents, more than 20 books, several films, videos & docs over the last several mos.

1.2 In light of Jeffrey Epstein's arrest on July 6, 2019 and denial of bail this week, this question becomes even more crucial. Why would federal prosecutors agree to protect Jeffrey Epstein with an unprecedented non-prosecution agreement?

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tinyurl.com/y4xpuq6u

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Tom Paine

@TomPaine1737

A “brief” history of Deutsche Bank scandals, lawsuits & fines. This list is not comprehensive and is stacked with events from the past 20 years, yet it shows a deeply ingrained culture of generating profits with no regard for their customers or the integrity of the market.
1/70

After WW2, Allied authorities determined that Deutsche Bank had actively supported the Nazi regime and maintained close ties to officials like Himmler; and was also been involved in appropriating assets of financial institutions in countries occupied by the Nazis.
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The Allied forces in occupied Germany divided the bank into 10 regional institutions, and then into 3. One each for the north, central, and southern regions of West Germany. The operations were reunited in 1957 and allowed to function under the Deutsche Bank name once again.
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@drawandstrike

Kyle

@HNIJohnMiller

1) I know I promised a thread on the California economy, but after my most recent argument, I need to give a proper example of how the Fed operates and makes its decisions. As it is relevant to the previous argument, let's turn back the clock to the Fed's dealings with Wachovia

2) That was a bank, not some made up country in the Marvel Universe, btw.

3) Here is the testimony by the General Counsel for the Federal Reserve at the time made before the Financial Crisis Inquiry Commission, a bipartisan commission investigating the 2008 financial crisis and WTF happened federalreserve.gov/newsevents/tes…

Read 51 tweets

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