THE FUTURE OF FNMA... must read!!

Courtesy of Blue Exchange !

1) Obama Administration will replace Demarco according to Wall Street Journal news. Probably Mark Zandi will be FHFA chief.  This will be a game changer situation for FNMA, politically . The banks that sold bad loans to FNMA and sister company will be forced to buy back those loans about 200 billion dollars. It can pay all taxpayers money plus profit for FNMA.

http://online.wsj.com/article/SB1000142412788...87826.html

2) Q1 profit will be out within weeks,  Expecting minimum 60 billion dollars profit, ACCORDING TO NEWS AND 10K . That profit will make FNMA,  the most profitable company in the world in 2013.

http://www.nytimes.com/2013/04/03/business/fa....html?_r=0

3) Zandi probably will reduce principles, not only pay dividend. The government gradually will be out from FNMA, according to Wall Street Journal news.

4) Housing recovery continues and delinquency rates goes down. It means FNMA will be profitable for the foreseeable future like CEO said.

FNMA CEO interview on BLOOMBERG TV link

http://www.bloomberg.com/video/mayopoulos-on-...cmpid=yhoo

5) The shareholders of FNMA will own the company, IMO.

So we are talking about share price before 2008 it was between 70-90 dollars range.

for FNMA share price historically

http://www.otcmarkets.com/stock/FNMA/chart

REMEMBER

FNMA posted $17.2 billion record net profit in 2012, the largest annual and quarterly net income in the company's history.

http://www.fanniemae.com/resources/file/ir/pd...elease.pdf

My target 100 dollars (MORE PROFITABLE THAN ever) within 3 years IMHO.