Fannie Mae (FNMA)

75% agree 374  votes   Fannie Mae (FNM)/Bulls/Buy Buy Buy Top Contributor:  Pcushing  | Created when PINK:FNMA was $7.07 |  Edit  |  History Fannie Mae's stock price has fallen so dramatically in the last week because of a combination of factors -- shorting by Wall Street hedge funds, a general downturn in the mortgage market, some ill advised comments by a public official, and rampant rumor and speculation cultivated around the firm by the media. Fannie Mae is adequately capitalized. Defaults comprise <1% of it's total book, even in the current market. It continues to have the backing of the government. The stock is undervalued. Buy it now, hold, and in a year or two, you will have made an enormous return. 94% agree 17  votes   Warren Buffet, China, & the US Government Top Contributor:  Robert Azzarano  | Created when PINK:FNMA was $0.88 |  Edit  |  History What do all three have in common? They are all invested in Fannie Mae. Chin

A: FNMA is the acronym and the stock market symbol for the Federal National Mortgage Association, commonly called “Fannie Mae.” This government-sponsored enterprise provides liquidity for the U.S. mortgage market by guaranteeing and purchasing mortgages, indirectly enabling families to buy or rent homes through access to credit. The company's focus is on supporting housing-market recovery by providing access to affordable mortgage credit and helping develop a transparent and sustainable housing-finance system. Created in 1938 as part of the federal government, it became a GSE in 1968 and is still based in Washington DC.Probably the only one in the world conceived by the president.. FNMA’s customers include banks, credit unions, insurance companies, and state and local housing finance agencies. The company purchases mortgages from these institutions, segmenting and packaging them into Fannie Mae mortgage-backed securities that the company guarantees. Segments include single-fami

Top Bulls Reasons To Buy —  75% agree Fannie Mae (FNM)/Bulls/Buy Buy Buy 94% agree Warren Buffet, China, & the US Government 86% agree Very little to lose, very much to win

Meltdown 101: How is it that the Fed can so easily throw money ... There are  2 comments  on the  Baltimore Sun  story from Nov 26, 2008, titled  Meltdown 101: How is it that the Fed can so easily throw money ... . In it, Baltimore Sun reports that: Now, with no muss and no fuss, the Federal Reserve has announced an even bigger program totaling $800 billion. Federal Reserve  Bank and its enormous powers. Also,the difference between money and credit should be explained so the public can begin to understand that no one just prints green backs. Instead these huge offerings are in the form of credit that is underwritten by the nations future production (GDP). In essence the GDP is the government's piggy bank. The  Federal Reserve   Bank offers credits to member banks at a certain  rate of interest  so there is a cash flow of interest payments through the Fed and presumably back into the US Treasury.

Momentum10 Reasons Why Jim Douglas Must Go Yesterday  Read more:  American Reporter I have written often over the past few years about the house of cards that is the American economy, but the events of the past week should frighten everybody. First, there was the collapse of IndyMac, a California bank deeply involved in subprime lending. Start the conversation, or  Read more  at American Reporter.

Fannie Mae and Freddie Mac Investors Could Finally Get Some Good News From the Government By  Matthew Frankel  |  More Articles   January 7, 2015  |  Comments (4) Fannie Mae 's ( NASDAQOTCBB:  FNMA     ) president and CEO recently asserted confidence in the  sustainability of the agency, as well as that of fellow government-sponsored enterprise  Freddie Mac   ( NASDAQOTCBB:  FMCC     )  .  While these comments were warmly received  by shareholders, another news event has a real opportunity to boost Fannie and Freddie's stock. Source:  www.futureatlas.com  via  flickr . President Barack Obama is scheduled to speak about the housing market on Thursday, and what he says (or doesn't say) could move both agencies' shares . Fannie and Freddie shareholders face a double threat Over the past couple years, owners of both  Fannie and Freddie  common and preferred shares have been engaged in a legal battle with the U.S. government over the agencies' profits. B

·        Fannie Mae ( OTCQB:FNMA ) chief economist Doug Duncan sees 2015 single-family mortgage originations of $759B, up 8% from his forecast at the start of the year. Were originations to hit that level, they would be up 12% from 2014. ·        "Purchase mortgage applications have moved up consistently for a couple of months,” says Duncan.