Fannie Mae-No Politics (FNMA)

[Dollars1]

The senate banking committee website has always said markup, reform proposal etc. It seems that it is when it went out to the media, the media was very sloppy immediately saying J/C bill (like it was a new bill drafted by J and C). Not sure if it was pushed on the media that way or they started it themselves. Either way, it was a big lesson of how the media needs to be watched. The differences in meaning between bills, proposals, markup, discussions and exactly how far along congress is with these items has a big effect on these stocks. We need to watch that they are using the correct terminology and giving the most current, accurate, up to date status on these.