Wednesday, April 30, 2014 10:34:27 AM
Fannie Mae FNMA 0.00% and Freddie Mac FMCC -0.76% could require another $190 billion in government support under a worst-case economic scenario, according to stress test results made public Wednesday by the firms' federal regulator.
The stress tests, mandated by the Dodd-Frank financial-regulatory overhaul, are designed to forecast potential losses in a "severely adverse" economic environment. The projections released Wednesday by the Federal Housing Finance Agency "are not expected outcomes," the regulator said in its report.
http://online.wsj.com/news/articles/SB10001424052702303948104579533601987497072
Hmmm, the are "not expected outcomes" then WHY REPORT IT AND SCARE INVESTORS???
Because the gov wants to keep this stock price down low so it can continue sucking off all the profits. FNMA is a CASH COW and the FEDS KNOW THIS! This is SO CRIMINAL!!!
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