Fannie Mae-No Politics (FNMA)

[phithebuilder]

Bought more shares of FnF.Go FnF....

something really funny came to mind today.. all the Asian are buying up all the Mort. bonds and thrift FnF and the gov are offring....and then they are buying up all the homes at over asking price...so the are getting into the loans of which they are buying the bond for.. its a circle.

like they say the I don't think the increase home price and interest rate will hurt because the amount of money being poured into the USA is crazy. This is the truth...NO ONE can deny this. it sounds crazy that all money and jobs are being shipped oversea but in the end that wealth that was made elsewhere is being poured back into USA many times. Look at the data..

20 years ago a professor told me a recession like this will occur and it will allow us USA to evolve. its just we are evolving and those jobs will eventually not worth our time doing. Lets put it this way would you want to make a chair for 5 dollar or a chip that regulates someone heart for 1000x more money.

26k homes were all bought up in the CA.NV.AZ. area in the past 6 months by one company( starts with B). That company is holding on to it and selling it slowly so guess who is backing all those new loans up...FNF....

all the bashers cant do math so they cant imagine how big FnF profits will be in the near future. Within the past 50 years how many people like Corker try to shut FnF down without success. I bet you there are truckloads.

one should pray that that day never comes because if it does.. our children will NEVER be able to afford even a small condo...


Stay long And Strong