Replies to post #348765 on Fannie Mae-No Politics (FNMA)

[cfljmljfl]

The gov sold assets and kept the change, the gov used our employees without compensation, diluting capital to perform government business. We are private shareholder own company. We don't work for the government nor do it for free. Should of been a service contract.

[Zargis]

"What am I missing?"

My personal question is thus:

Fannie Mae’s annual revenue (and quarterly) is double pre crisis numbers as of 2015 and 2016.
Why are the companies making so little profit compared to such large revenue growth?

I haven’t dug into the financials yet due to lack of time... but it makes me suspect they are hindering their own profit margins with some accounting or business tricks.

While revenue does not automatically equal profit, generally speaking, a doubling of revenue should at least increase profit by 25%

Be well,
-Zargis