FNMA can post between 90-100 billion dollars profi
Post# of 1629
Posted On: 04/07/2013 11:16:51 AM
FNMA can post between 90-100 billion dollars profit this year by blue .
1) 59 billion dollars deferred tax asset will be posted at Q1
2) BAC America paid 11.6 billion dollars in January 2013
3) plus delinquency rates goes down the company makes profit.
4) there is a big possibility to get more money from the banks, Friday news shows that 6.4 billion dollars will be paid by UBS.
The other banks will pay as well because those bad loans was not FNMA mistake. The banks packaged to FNMA.
IMO, we will see between 90 and 100 billion dollars profit this year.
FNMA CEO says Company expects to remain profitable for the foreseeable future.
1) 59 billion dollars deferred tax asset will be posted at Q1
2) BAC America paid 11.6 billion dollars in January 2013
3) plus delinquency rates goes down the company makes profit.
4) there is a big possibility to get more money from the banks, Friday news shows that 6.4 billion dollars will be paid by UBS.
The other banks will pay as well because those bad loans was not FNMA mistake. The banks packaged to FNMA.
IMO, we will see between 90 and 100 billion dollars profit this year.
FNMA CEO says Company expects to remain profitable for the foreseeable future.
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