Replies to post #113584 on Fannie Mae-No Politics (FNMA)

[makemoney18]

To da m0000000000n!!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90791727

[dragon52]

yup... we knew that... now its out

that is why the bad loans could be bundled with the good loans because of the removal of quality checkpoints to ensure the loan was good... and pawned it off to be sold as a mortgage security which, of course failed because of the sub-prime rate failures.

Its now coming to light.... this is well under-priced at this time and those wanting in, should think about getting it cheap now....

jmho of course.

[Mikey Mike]

"The rulings mean the Justice Department can now use FIRREA to not just go after bank fraud but the banks themselves for defrauding others..."

"The rulings will encourage the government to tackle "a wider range of targets in the financial services industry, and a much broader range of alleged misconduct, including potentially consumer fraud..."

LONG LIVE FnF!

[malamutus]

FNMA $20 tomorrow.

[Accrafael]

Major BUY!

[CortesInvestments]

Very nice article. It will be Interesting to see how the market reacts towards this in the up coming future. I've been a holder for a while and I'm waiting for that one day at open market ..FNMA... $54 ;-) good luck to everyone!