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Does FNMA Have Enough juice To Keep Going?At this point FNMA might not be all speculation. "This latest plan is to return the two back to private hands. But as part of the plan, there would be a Treasury backstop in place. But this hasn’t come without pushback. Senate Banking Committee Senator Sherrod Brown has issues with this plan. The concern stems from possible risks that could arise by giving up control." - PennyStocks.com, 2 Penny Stocks To Buy Or Avoid This Month: FNMA & FMCC I think the government angle is something to pay attention to right now, personally. The closer a decision comes, the less "technical" and the more "headline" risk will play a factor.
OTC:FNMA
by PennyStocks101
FREDDIE MAC FMCCP GSE InvestorsSteven Mnuchin the Treasury Secretary. His background and role to the 2008 crisis and of course deep connections with his boss, President Trump. mobile.nytimes.com Insight of a high probability return of investment on Fannie and Freddie preferred shares issued by Merrill Lynch, Morgan Stanley and etc. Right now 100 of billions of their profit (100 %) goes to the treasury department because the US government save their ass during the 08 crisis. The US government was sued because of the constitution's 5th amendment. With Steve on board he is likely to accelerate the process that have already began. online.wsj.com The entire process is gaining traction. The worst case scenario is the department of justice says "you cannot sue the government, they can pretty do whatever they want and write/rewrite the rules along the way."
OTC:FMCCPLong
by WolfeDayRocker