Las Vegas, NV -- (SBWIRE) -- 09/09/2013 -- Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac were placed into conservatorship in September, 2008 by he Federal Housing Finance Agency.
GSEs backed about $5.4 trillion in combined housing debt and helped Fannie Mae and Freddie Mac return to the hands of the government for the first time in four decades. the government received $1 billion each of Fannie and Freddie's preferred shares, gained the promise of quarterly dividend payments and also took possession of 80% of each GSE in exchange for these funds.
Fannie Mae is starting to prepare the investors for the first transaction in which the firm would share the risk of homeowner defaults with bond buyers. With government backed mortgages accounting for more than 85% of new lending, the FHFA has been directing both the companies to raise how much they charge to guarantee their traditional mortgage bonds and asked each to attempt to share risk on $30 billion of home loans this year.
To find out what ChartPoppers projects for Federal National Mortgage Association for both short term and long term please click here: FNMA
ChartPoppers Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit ChartPoppers right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly ChartPoppers is the hottest thing in OTC Picks!
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: chartpoppers.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://chartpoppers.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold chartpoppers.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. chartpoppers.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. chartpoppers.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and chartpoppers.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. chartpoppers.com, nor any of its affiliates are not registered investment advisors or broker dealers.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)