Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) continues to hold strong over the $2 level. FNMA is a stock with a long history of big moves running from pennies to over $6 a share over the past few years.
Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) is trading strong just under $2.50 in recent days. The stock has been in bull mode making higher highs and higher lows since it hit a low of $1.50 back in October.
Mac Slavo: There is trouble again for federal mortgage backers and bailout queens Fannie Mae (OTCBB:FNMA) and Freddie Mac (OTCBB:FMCC), whose failures helped to trigger the housing market collapse and subsequent 2008 economic crisis.
Fannie Mae (FNMA) and Freddie Mac (FMCC) regulator, Federal Housing Finance Agency (FHFA), has announced a shift in its policies, which may increase mortgage lending. The new policies will help the mortgage giants maintain their position in the ...