Replies to post #132492 on Fannie Mae-No Politics (FNMA)

[javachip]

Exactly. I don't like the Pumping & Dumping either. Too many people get hurt in the process. I would have loved to have seen a gradual climb from the $1.30's with real investors coming onboard with plans to hold their shares.

[MonestHind]

**NEWS**:"FNMA...putting itself out of business"

Washington Business JournalD.C.-based Fannie Mae and McLean-based Freddie Mac are a step closer to putting themselves out of business. Reuters reports that the Federal Housing Finance Agency, the regulator that oversees the mortgage giants, has filed legal paperwork to create a new company to issue mortgage-backed securities.

http://www.bizjournals.com/washington/breaking_ground/2013/10/fannie-and-freddie-replacement-takes.html