Fannie Mae (FNMA)

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The losses of FNMA and FMCC were close to $140 billion, which vastly exceeded their minimum capital requirement of $20 billion. Ah, but when you strip out the credit loss provisions, which is an accounting requirement, actual losses were $46 billion.

And, again, when you strip out the losses from the subprime and Alt-A loans which FNMA and FMCC were never supposed to backstop, the actual losses were only $27 billion.

https://investorplace.com/2018/01/why-freddie-mac-and-fannie-mae-stocks-are-potential-10-baggers/#.WmeTk6inGUk


Not sure where the author is coming up with $27B loss figure. Fannie Mae's Cash Net Income, adjusted for non-cash items, remained POSITIVE the entire time.

https://thetruthaboutfannieandfreddie.files.wordpress.com/2015/07/a-forensic-look-at-the-fannie-mae-bailout-parts-i-ii-iii.pdf p.4-5

Why Freddie Mac and Fannie Mae Stocks Are Potential 10-Baggers

Now you have it... Please stop feeding the stupid message for trashing F&F.. F&F will be great again.. Relax and sit back things will be alright. F&F is not going any where and American Fund heavy invested in both F&F and the crook know it very darn well!

https://investorplace.com/2018/01/why-freddie-mac-and-fannie-mae-stocks-are-potential-10-baggers/#.WmeTk6inGUk