Posted On: 04/05/2013 8:12:18 PM
Post# of 1629
I believe the AIG story will repeat and I agree with BLUE in the statement below by him.
FNMA makes big profit, housing recovery continues because delinquency rate goes down. It will post at least 60 billion dollars profit at Q1 because of Tax asset . Those government owned preferred shares will be converted to common and the company will buy back shares from US government like they did on AIG. Lets say 20 dollar per share. US government will make frigging amount of money. And the market will take over FNMA like before.
Others seem to agree too
FNMA makes big profit, housing recovery continues because delinquency rate goes down. It will post at least 60 billion dollars profit at Q1 because of Tax asset . Those government owned preferred shares will be converted to common and the company will buy back shares from US government like they did on AIG. Lets say 20 dollar per share. US government will make frigging amount of money. And the market will take over FNMA like before.
Others seem to agree too
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