Cards -115. BOL
FNMA is the stock symbol for Fannie Mae which is the 30 year mortgage. Home building is the financial engine of this country and Fannie Mae has never been healthier. Banks bundle up MTG Loans and sell them to Fannie Mae.
I believe it has $40 written all over it if not higher. Long story short Fannie Mae got blamed for the 08 Mtg crisis. It was the Banks that were fined 243 Billion for fraud, Fannie Mae zero fines. The Govt has been using their profits for piggy banks for political projects. It's all coming to a head now and soon they will be released from a fraudulent conservatorship the Govt goons placed them in to save the Too Big to Fail Banks. Obama sealed 11,000 documents as to why they were put in the fake conservatorship using executive privileges, lol on MTG Finance. Ultimately stealing capital and transferring it to the generally treasury used to fund Obama Care. Biggest scandal in the last century.
There is much more to it but I don't want to confuse you. In 08 they had 5.5 trillion in assets and the stock was $86 a share.
Today, closer to 10 trillion is assets and the company has never been in better shape ! The fake conservatorship is about to end and the stock is about to come off the penny stock exchange ( OTC ) AND UPLISTED to the big boards soon. The stock is up about 600% since November and popped 400% the other day.
GL, my opinion and my opinion only. Im really heavy in it !
FNMA is the stock symbol for Fannie Mae which is the 30 year mortgage. Home building is the financial engine of this country and Fannie Mae has never been healthier. Banks bundle up MTG Loans and sell them to Fannie Mae.
I believe it has $40 written all over it if not higher. Long story short Fannie Mae got blamed for the 08 Mtg crisis. It was the Banks that were fined 243 Billion for fraud, Fannie Mae zero fines. The Govt has been using their profits for piggy banks for political projects. It's all coming to a head now and soon they will be released from a fraudulent conservatorship the Govt goons placed them in to save the Too Big to Fail Banks. Obama sealed 11,000 documents as to why they were put in the fake conservatorship using executive privileges, lol on MTG Finance. Ultimately stealing capital and transferring it to the generally treasury used to fund Obama Care. Biggest scandal in the last century.
There is much more to it but I don't want to confuse you. In 08 they had 5.5 trillion in assets and the stock was $86 a share.
Today, closer to 10 trillion is assets and the company has never been in better shape ! The fake conservatorship is about to end and the stock is about to come off the penny stock exchange ( OTC ) AND UPLISTED to the big boards soon. The stock is up about 600% since November and popped 400% the other day.
GL, my opinion and my opinion only. Im really heavy in it !
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