Fannie Mae-No Politics (FNMA)

[along4zride]

Fannie Mae posted earnings this week

Hi my name is Arnold.My cousin Jun Jie had a family emergency and is gone for a few days but he insisted I post on his behalf.

Fannie Mae posted some good profits this week unfortunately the PPS did not increase as a result. President Obama mentioned in a speech in Arizona that he plans to wind down Fannie and Freddie 15% a year which to me does not sound that extreme.

I will continue to read up on Fannie and post what I find until my cousin returns.

Good night all