Feb. 27 (Bloomberg) -- Fannie Mae will seek $15.3 billion in U.S. aid, bringing the total owed under a government lifeline to $76.2 billion, after its 10th consecutive quarterly loss.
The mortgage-finance company posted a fourth-quarter net loss of $16.3 billion, or $2.87 a share, Washington-based Fannie Mae said in a filing yesterday with the Securities and Exchange Commission.
Source: Bloomberg.
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Freddie (FRE) & Fannie (FNM) 01 (May 08 - Feb 12)
Re: Freddie Mac (FRE) & Fannie Mae (FNM)
by helios » Sun Feb 28, 2010 10:30 am
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)
by helios » Tue Apr 13, 2010 10:00 pm
Today, FNM started moving upwards ...
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)
by kennynah » Tue Apr 13, 2010 10:20 pm
now that you mentioned....indeed, up some 27% from ~$1.04 stagnant price forever... 
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)
by peter » Tue Apr 13, 2010 10:28 pm
hi kenny,
Yes, can be stuck for sometime. I was once stuck for like 6 mths. Good thing is that they can move up later. Also as you said, too big to fail helps
Yes, can be stuck for sometime. I was once stuck for like 6 mths. Good thing is that they can move up later. Also as you said, too big to fail helps
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US - Economic Data & News 6 (Apr 10 - Sep 10)
by iam802 » Mon May 10, 2010 9:17 pm
From Reuters :
http://www.reuters.com/article/idUSTRE64935O20100510
http://www.reuters.com/article/idUSTRE64935O20100510
Fannie Mae says long-term financial sustainability uncertain
Mon May 10, 2010 8:37am EDT
(Reuters) - Fannie Mae reported a net loss $13.1 billion on Monday and forecast weakness in the housing and mortgage markets to continue throughout 2010
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: US - Economic Data & News 6 (Apr 10 - Sep 10)
by LenaHuat » Mon May 10, 2010 9:18 pm
The world has printed and going to print a total of $3 trillion.
This one small change
This one small change
Please be forewarned that you are reading a post by an otiose housewife. 
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)
by winston » Wed May 19, 2010 6:46 am
By Gary Halbert:-
IN THIS ISSUE:
1. Fannie & Freddie Request Billions More
2. A Brief History of Fannie & Freddie
3. Fannie/Freddie Scandals & Lack of Regulation
4. Fannie & Freddie Were Huge Political Contributors
5. How & When Does the Bleeding Stop?
http://www.investorsinsight.com/blogs/f ... aster.aspx
IN THIS ISSUE:
1. Fannie & Freddie Request Billions More
2. A Brief History of Fannie & Freddie
3. Fannie/Freddie Scandals & Lack of Regulation
4. Fannie & Freddie Were Huge Political Contributors
5. How & When Does the Bleeding Stop?
http://www.investorsinsight.com/blogs/f ... aster.aspx
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)
by iam802 » Wed Jun 16, 2010 10:22 pm
Fannie, Freddie To Delist Stock From U.S. Exchanges
http://online.wsj.com/article/SB1000142 ... ts_news_us
http://online.wsj.com/article/SB1000142 ... ts_news_us
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)
by winston » Fri Aug 20, 2010 6:35 am
It Could Take Another 5 Trillion Dollars To “Fix†Fannie Mae And Freddie Mac
By Michael Snyder
Yes, you read the correctly. According to an article in the Christian Science Monitor, Fannie Mae and Freddie Mac are facing $5 trillion dollars in liabilities that the federal government is going to have to deal with one way or another….
http://www.dailymarkets.com/stock/2010/ ... eddie-mac/
By Michael Snyder
Yes, you read the correctly. According to an article in the Christian Science Monitor, Fannie Mae and Freddie Mac are facing $5 trillion dollars in liabilities that the federal government is going to have to deal with one way or another….
http://www.dailymarkets.com/stock/2010/ ... eddie-mac/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)
by winston » Fri Sep 17, 2010 2:15 pm
* Two years after they were taken over by the federal government, Fannie Mae and Freddie Mac face a new challenge: The mortgage-finance giants are becoming two of the nation's largest home sellers at a time when the housing market shows new signs of softening.
Source: Reuters
Source: Reuters
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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