Replies to post #77504 on Fannie Mae-No Politics (FNMA)

[10thMountain]

According to an article I just read, "Mel Watts is a Big Government, Big Bank, and Big Fannie and Freddy Fan"....LOL No WONDER the media is going crazy bashing this right now. This could become explosive soon :)

[10thMountain]

Obama always gets his way, though....Lots of powerful people make sure of it.....

[morseman]

I always love reading the solution to fnma and fmcc is to replace them badically with another fnma and fmcc. Maybe call it fannie jr.

[A1stockman]

Democrats think the mortgage-finance companies should play a bigger role in making access to mortgage lending easier for all Americans, especially for underserved minority communities.

Another bubble to burst?

[Usmcvet]

Why is Mel Watt's confirmation good for this stock? Anyone??

I loaded 2500 shares at $1.20