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$1.00 -0.10 (-9.09%)
10/15/2008 4:00 PM

Fannie Mae (FNM)

CAPS Rating:
**

A shareholder-owned company, which provides affordable housing capital to local communities in order to serve the U.S. housing market.

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Avatar LORDZPAIN (99.34) Submitted: 6/11/08 11:48 PM : Outperform Start Price: $33.71 FNM Score: -63.93

Fannie Mae Ord Shs: Company Report3900 Wisconsin Avenue, NW

Washington DC 20016

http://www.fanniemae.com/
Phone: 202-7527000 Fax: 202-7524447

Industry : Mortgage InvestmentEmployees : 5,700Exchange : NYSE

Federal National Mortgage Association (Fannie Mae) is engaged in providing funds to mortgage lenders through its purchases of mortgage assets, and issuing and guaranteeing mortgage-related securities that facilitate the flow of additional funds into the mortgage market. The Company also makes other investments that increase the supply of affordable housing. It is a government-sponsored enterprise (GSE) chartered by the United States Congress and is aligned with national policies to support expanded access to housing and increased opportunities for homeownership. The Company is organized in three business segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.

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Avatar cubanstockpicker (77.29) Submitted: 6/20/08 2:47 PM

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So what is this pitch about? A way to call and tell them what a lousy idea it was to deregulate the mortgage industry?

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Avatar docturr (< 20) Submitted: 6/26/08 7:54 PM

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I still smell a rat!! I'm ending my short before I take another hit from fed intervention

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