Fannie Mae-No Politics (FNMA)

[~ Blue ~]

FNMA~ book value 54 DOLLARS~~ NEWS OUT(!!)


1) Citigroup Will Pay Fannie Mae $968 Million for Faulty Loans

http://www.bloomberg.com/news/2013-07-01/citigroup-to-pay-968-million-to-fannie-mae-on-faulty-mortgages.html?cmpid=yhoo

2) Fannie and Freddie pay $66.3B dividend to US Treasury; payment to lower US budget deficit

http://finance.yahoo.com/news/fannie-freddie-66-3-billion-172859841.html

3) WSJ: The Corker-Warner Housing Reform Won't Work; A new government agency to insure mortgages will ensure the same loose lending that caused the last financial crisis.

By Peter J. Wallison
1 July 2013
07:12 PM
The Wall Street Journal Online


http://online.wsj.com/article/SB10001424127887323873904578569820608849816.html?mod=djkeyword

FNMA AND SIBLING FMCC'S Q2 PROFIT WILL BE BIGGER THAN Q1.

STAY TUNED!!