Happy to hear your do well, below are some links to possibly get you up to speed. Honestly in a nut cell the biggest thing holding FNMA And FMCC from fair pps value is being in conservativeship. Question is what is the government going to do and when? I do have a long position in both Mortgage Giants, but I also say trade them too. I hope this information below helps also visit the board on iHUB and check out the new links and such. Keep up the great work in class.
Fri, 24 Jan 2014 19:11:35 GMT ~ U.S. Senators urge Fannie, Freddie to aid lower-income households [Reuters] - More than 30 Democrats in the U.S. Senate called on Friday for the regulator of government-controlled Fannie Mae and Freddie Mac to direct the companies to resume contributions for affordable housing initiatives. The senators focused on two unused funds that Congress established in 2008 to finance low-income housing with a portion of Fannie Mae and Freddie Mac's revenue. The Federal Housing Finance Agency, the companies' regulator, suspended payments into the funds in November of that year, after the government seized the companies as mortgage losses mounted. The 33 lawmakers, led by Democrats Jack Reed of Rhode Island and Elizabeth Warren of Massachusetts and independent Bernie Sanders of Vermont, want the agency to resume contributing to the fund to help ameliorate a shortage of affordable housing for low-income Americans. read full: http://finance.yahoo.com/news/u-senators-urge-fannie-freddie-191135242.html *********************************************************
Fri, 24 Jan 2014 18:17:13 GMT ~ Why Is the U.S. Downplaying Huge Profits at Fannie, Freddie? [at The Wall Street Journal] - No biggie. That's the reaction a top Treasury Department adviser took Wednesday to the record profits hauled in by Fannie Mae and Freddie Mac over the past year. read full: http://blogs.wsj.com/moneybeat/2014/01/24/why-is-the-u-s-downplaying-huge-profits-at-fannie-freddie/?mod=yahoo_hs *********************************************************
Fri, 24 Jan 2014 14:46:47 GMT ~ The Daily Docket: Lehman Reaches Deal With Fannie Mae [at The Wall Street Journal] - The team winding down the remnants of Lehman Brothers Holdings Inc. has reached a far-ranging settlement resolving Fannie Mae's $18.9 billion claim. read full: http://blogs.wsj.com/bankruptcy/2014/01/24/the-daily-docket-lehman-reaches-deal-with-fannie-mae/?mod=yahoo_hs *********************************************************
Fri, 24 Jan 2014 10:27:50 GMT ~ [video] Investing Opportunities in a Regulated Market [at MarketWatch] - Investment firm Pine River Capital Management makes money by finding mistakes in the market. Its strategy has led to rapid growth during and after the recession, especially in 2009 when other firms struggled. ... read full: http://www.marketwatch.com/News/Story/Story.aspx?guid=EC93F548-12A3-4FEE-969B-BA9D4B202C73&siteid=yhoof2 *********************************************************
##### chart ~ source: stockcharts.com
##### chart ~ source: eoddata.com
##### company info ~ source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/FNMA/company-info Ticker: $FNMA OTC Market Place: OTCQB CIK code: 0000310522 Company name: Fannie Mae Company website: http://www.fanniemae.com Incorporated In: USA
##### last known share structure ~ source: otcmarkets.com
Market Value: $3,474,241,971 a/o Jan 24, 2014 Shares Outstanding: 1,158,080,657 a/o Sep 30, 2013 Float: Not Available Authorized Shares: Not Available Par Value: No Par Value
##### business description ~ source: otcmarkets.com
Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold.
News 
Market Data 
Discover 
