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Posted On: 09/20/2013 9:09:22 AM
Post# of 99133
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Posted By: fitzkarz
Re: Pharaoh #28521
Federal National Mortgage Association( OTCBB:FNMA ) closed yesterday at $1.25, a +6.84% increase. Around 12.35 million shares were traded, low from an-average trading volume of 12.65 million shares. The company is now valued at around $2.14 billion.

Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support services in the secondary mortgage market in the United States. The company securitizes mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS). It operates in three segments: Single-Family Credit Guaranty, Multifamily, and Capital Markets

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