Fannie Mae-No Politics (FNMA)

[davidam]

It is a very clear message sent. The government will wind itself out of this. FNMA just has to keep delivering results and be on target on its forward guidance. They already stated they expect the recent results to continue for the for seeable future, at least three years. We have fantastic recent results and fantastic forward guidance. Earning seasons are going to be a catalyst for this stock. When that's the case you will see the stock start to move weeks prior to the earnings report.