Fannie Mae-No Politics (FNMA)

[Sammy boy]

Gossip but the first ! My wife works for the largest privately owned builder in the United States. They are very large in Canada as well. She has been with them 11 years as a Sales Consultant. They have been around for 45 years. They own more land in Sarasota County FL than any other builder. Matter a fact they donated the land to the Atlanta Braves for their state of the art Spring Training Facility which is 2nd to none to get them
in Venice/NP Florida.

She knows my stake in FMCC, she’s been hearing the story for a good 8-9 years now on Fannie & Freddie. All I get from her is yeah, yeah but expected after 36 years of marriage.

For the first time in 11 years, the President of the company on a zoom call mentioned their names.
He stated it’s all political, but what he’s hearing and shared with the National Sales Team is they will be exiting conservatorship.

Just thought I would share.

292K investment here @ $1.77