Tag: FNM
Your Final Warning
This is it… Right now is your last chance to get out! Fannie Mae (FNM) and Freddie Mac (FRE) stocks are heading to $0. Earlier this week, the two mortgage finance giants were ordered to delist their stocks from the New York Stock Exchange. Both stocks have plunged since the news hit. As I’m writing, […]
Sell Fannie Mae And Freddie Mac Now!
Earlier this week, I was on my way to the office. I stopped at Circle K, a local convenience store, for a cup of coffee. Stepping into line to pay, I was unlucky enough to be stuck behind a lottery junkie. Unfortunately, this wasn’t the first time this has happened. You know the type. Their […]
Bailout Impacts Taxpayers And Shareholders
It’s all over the news. BAILOUT! Mortgage giant’s Fannie Mae (FNM) and Freddie Mac (FRE) have been taken over by the Federal Government. I actually think the proper phrase is “placed in a government conservatorship”. Whatever the words are – the result’s the same. The US Federal Government is now the nation’s largest mortgage lender. […]
