QE was what attracted me to fnma in the first place, so I would agree with you. I figured that so much printed money will cause the housing market to catch fire again, etc, and that fnma would benefit greatly from it.
Even if the Fed tapers, they'll still taper down only a little and they'll be still buying tons of mbs.
Not that I am in favor of QE or anything the Fed does, but I played according to what I thought would happen and it did. Now if the political side would sort things out in out favor....
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