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Fannie Mae FNMA
Posted On: 04/23/2013 9:11:50 PM
Post# of 1629
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Posted By: Pharaoh
Re: MicroCapStocksRock #749
By blue




$FNMA~ 2 important news and the most profitable Co. in 2013

We are waiting 2 news

FNMA financials (Q1 profit) will be out nowadays, Expecting tens of billions of dollars profit, according to news and 10K, annual filing. That profit will make FNMA, the most profitable company in the world in 2013.



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

Also FNMA posted 7.6 billion dollars profit last year at fourth quarter. FNMA was the most profitable financial firm in USA.

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

New FHFA Chief appointment news

Obama Administration will change FHFA cheif Demarco according to 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

The government after appointment of new FHFA chief gradually will be out from FNMA, according to news.

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


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

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


FNMA will be qualify to trade at higher exchange, revenue, profit, shareholders base very enough.













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