James

Portfolio Manager SPX,Derivatives Trader,Income Portfolios, Options, VIX, W&L, Univ of Chicago, Fighter Aviation, USAF,St Mark's School of Texas

[James @jwhiteusaf]

@honeymoon250 Release the Hounds!

[John F Kennedy Jr @John_F_kJr]

🔻 THE OBAMA FILES ARE WORSE THAN WE THOUGHT.

His lawyers didn’t show up to negotiate.

They showed up to BEG.

Here’s what Bondi’s team found inside the Tehran servers under Obama’s codename — RENEGADE:

— 14 wire transfers to a Swiss account linked to Hezbollah between 2014-2016. Total: $1.7 billion. The same $1.7 billion he told Congress was “frozen Iranian assets.”

— A signed directive authorizing the CIA to stand down during the Benghazi attack. Not typed. HANDWRITTEN.

— Communications with Epstein’s handler, dated March 2015, discussing “the island arrangement” and “the Chicago package.”

— A backchannel to Tehran through Valerie Jarrett, active from 2012 to 2024. Yes. 2024. Two years AFTER he left office.

He didn’t just betray America.

He was running a shadow government from his basement in D.C. while pretending to be retired.

His lawyers are now offering FULL COOPERATION in exchange for immunity.

Trump said no.

No deals. No mercy. No escape.

The man who divided America for 8 years is about to face the America he tried to destroy.

And she’s awake.

FOLLOW ME, THE NEXT DROP WILL BE SHOCKING

[James @jwhiteusaf]

@TheCleanCarClub Who’s the girl talking?

[James @jwhiteusaf]

@KO_Sequence All he had to is run with his phone and victory

[James @jwhiteusaf]

@circlingbackpod Great pledge class All for one!…..

[James @jwhiteusaf]

@bayraktar_1love The sound of the cannon. 👍👍👍

[James @jwhiteusaf]

@bennyjohnson FAFO idiots

[James @jwhiteusaf]

@V_Lady2024 She’s fun so lucky I was chosen ❤️❤️

[James @jwhiteusaf]

@BillAckman So what if it is AI ? I have a good idea every once in a while and I want to get it out quickly So I ask grok to do it Proof it quickly Then I’m onto my next task AI is just a tool

[James @jwhiteusaf]

@jasonlk Ya’all are Welcome in Texas just try to leave your politics in CA

[James @jwhiteusaf]

@lady_valor_07 Random dudes who are actually accomplished fell in love just by the picture

[James @jwhiteusaf]

@CryptoNobler Ya know if you say it enough times you might get lucky and be a guru!! If it doesn’t work out just change your name 😀

[Bill Ackman @BillAckman]

President @realDonaldTrump and @SecScottBessent, and @pulte, I have a simple idea on how to lower mortgage rates and spreads:

One of the unique features of U.S. conventional mortgages is that they are prepayable at any time without a penalty.

While this feature is attractive for homeowners, it comes at a significant cost as buyers of mortgage backed securities (‘MBS’) require a significant increase in spread to compensate them for giving the borrower the option to prepay at anytime.

Why don’t Fannie and Freddie also offer non-prepayable mortgages where if the borrower wishes to prepay the loan, he would have to pay a prepayment penalty?

I asked one of my friends who is an expert and large investor in MBS what the estimated savings today would be on a 30-year Fannie/Freddie mortgage if the borrower would be locked out from prepayment other than by paying a penalty?

He estimated that the savings would be about 65 basis points.

So a borrower could have a choice:

Obtain a 30-year prepayable mortgage at today’s ~6% rate,

or at a 5.35% rate, but with the obligation to pay a prepayment penalty if he/she refinanced in the future.

The loan could also be made to be portable so that if the home is sold, the new borrower could assume the loan and no prepayment penalty would be owed on a sale.

While the ability to prepay is a valuable option, locking in the 65 bps savings upfront over the life of the mortgage may be the difference between the borrower being able to afford the home and not being able to.

You could imagine that there could be different versions of this product where the lock out would be for 5 years, 10 years etc. (with different levels of savings for each, the longer the lockout, the greater the savings) and the borrower could custom design the mortgage and its prepayability to meet their life plan.

As you know, commercial mortgages work this way.

Why couldn’t the same approach be used for home loans?

[James @jwhiteusaf]

@DefiWimar Yikes, wanna shore up just in case

[Elon Musk @elonmusk]

Powerful words

[James @jwhiteusaf]

@Danny_Crypton Seen this chart everywhere Fed steps in. Read his remarks No disaster just stay long gold! 😂

[James @jwhiteusaf]

@JaakMadison Actually the entire EU is cringe worthy Poland rocks we should just defend them

[James @jwhiteusaf]

@stockmom Yep he needs a handler He all we have and neeeds a muzzle

[James @jwhiteusaf]

@femalebodybuil6 Yes she’s a mother and a real person Why is there a question?

[James @jwhiteusaf]

@xAviation Looks pretty stable and controlled to me what’s the big deal it’s a short approach