The differences between FNMA and FMCC. 1) FMCC
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1) FMCC has 650 million shares, FNMA has 1.15 billion shares.
2) FMCC expected between 35-40 billion dollars profit, FNMA expected between 9-12 billion dollars profit at Q2
3) FMCC got higher rate from Standard & Poor's
4) FHFA allowed FMCC to create a new type of mortgage bond , FNMA didn't get any permission yet.