Trading Review for Fannie Mae Issued by InvestorSoup.com
DALLAS, Oct. 22, 2009 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Federal National Mortgage Association (NYSE: FNM). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Federal National Mortgage Association (NYSE: FNM) should be of particular interest to other consumer financial services companies: Host Hotels & Resorts Inc. (NYSE: HST), Apartment Investment & Management Co. (NYSE: AIV), Vornado Realty Trust (NYSE: VNO) and Boston Properties Inc. (NYSE: BXP).
It is available at: http://www.investorsoup.com/lp/FNM
Get our alerts BEFORE the rest of the market. Follow us on Twitter: www.twitter.com/investorsoup
Federal National Mortgage Association (FNM), also known as "Fannie Mae," is a government-sponsored enterprise (GSE) chartered by the United States Congress to support liquidity and stability in the secondary mortgage market, where mortgage loans are purchased and sold. The Company participates in the secondary mortgage market by purchasing mortgage loans and mortgage-related securities for its mortgage portfolio. It also makes other investments that increase the supply of affordable housing. The Company is organized in three business segments: Single-Family Credit Guaranty, Housing and Community Development (HCD), and Capital Markets.
In the report, the analyst notes:
"FNM is continuing its efforts to support the housing market by working with lenders, loan servicers and the government to help homeowners avoid foreclosure and provide liquidity to the mortgage market. The Company has focused its foreclosure-prevention efforts on the implementation of the Making Home Affordable Program, which is designed to significantly expand the number of borrowers who can refinance or modify their mortgages.
"The Federal Reserve is currently in the process of buying more than $1 trillion in mortgage-backed securities and debts sold by FNM and Freddie Mac (FRE) and the Federal Home Loan Banks. This program is considered to be successful in its design to provide support to the mortgage lending and housing markets and to improve the overall condition in the private credit market. The Federal Reserve last month said it will slow down purchases to extend the program until next March."
To read the entire report visit: http://www.investorsoup.com/lp/FNM
See what investors say about these stocks at: http://www.stockhideout.com/
InvestorSoup.com is a small-cap research and investment commentary provider. InvestorSoup.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on InvestorSoup.com, please visit http://www.InvestorSoup.com
InvestorSoup.com Disclosure
InvestorSoup.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, InvestorSoup.com, for complete risks and disclosures.
CONTACT: InvestorSoup.com
Jeffrey Brown, Editor
(469)-252-3505
info@investorsoup.com
Related Categories
Press ReleasesStocks Mentioned
Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
