Replies to post #219221 on Fannie Mae-No Politics (FNMA)

[Stock Steward]

I'll take it! Ongoing settlements with every single bank one can think of it appears. And this is still a billion dollar company. No matter how you look at it this stock is not a penny stock. Once we are profitable i see an imminent uplist while Washington dc is still hashing out what to do with fannie

[~ Blue ~]

yes 4.1 billion dollars from settlement FNMA's q1 financials the worst one since 2012

Fannie Mae reported net income o$5.3 billion, the company’s ninth consecutive quarterly profit, and comprehensive income of $5.7 billion for the first quarter of 2014

Fannie Mae’s financial results for the first quarter of 2014 included $4.1 billion in revenue from legal settlements relating to private-label securities lawsuits.

http://www.fanniemae.com/resources/file/ir/pdf/quarterly-annual-results/2014/q12014_release.pdf