InvestorsHub Logo
Followers 22
Posts 1670
Boards Moderated 0
Alias Born 02/03/2004

Re: yielddude post# 99

Friday, 06/10/2005 5:12:49 PM

Friday, June 10, 2005 5:12:49 PM

Post# of 2684
Yield: Those are safe investments as far as principal, if held to maturity. Interest rate risk would be a problem if your mom needed to cash out. The Mae family is not actually government backed. Doubtful that the government would let the Mae's fail.

"The prospectuses for all of Fannie Mae's debt offerings clearly state that the U.S. government does not back the company's debt instruments. In fact, commercial banks, including the three that make up half of the FM Policy Focus board of directors, have many close ties to the government."

check this link: http://www.fanniemae.com/aboutfm/understanding/charter.jhtml?p=About+Fannie+Mae&s=Understanding+...




Signatures are so yesterday!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.