Fannie Mae (NASDAQOTCBB:FNMA.OB)
CAPS Rating:
A shareholder-owned company, which provides affordable housing capital to local communities in order to serve the U.S. housing market.
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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Recs
As soon as the toxic assets can be cleared, the economy should rise again. But however for this stock as well as FRE, this will be a traders stock not an investors stock. It has been flat as of lately, but when good news comes out again expect it to hover around 2.50