look at Fannie/Freddie "Common" exploding 2QTR EPS estimates !!!
Analysts at Nomura/Instinet have issued new research on the second-quarter earnings of Fannie and Freddie that are substantially higher than the firm’s prior estimates.
Instinet raised its core earnings per share (EPS) estimate for Fannie Mae from $0.19 to $0.41
and its EPS estimate for Freddie Mac from $0.16 to $0.38.