FNMA/FMCC activity impact on AGNC and other Agency mREITs?
Fellow AGNC traders and investors,
When I noticed the 50%+ jumps in FNMA and FMCC stock prices today (albeit from sub-$1 to just over $1), I did a little reading to see what is going on - specifically, the Yahoo Finance articles "Fannie Mae, Freddie Mac to repay U.S. sooner" and "Fannie and Freddie Stocks Are Still Hot". Naturally, I read these articles looking for things that might impact AGNC and others in the Agency mREIT space - but, as I am not an expert in the Agency MBS space, I thought I'd throw it out here for board discussion. Secondarily, these articles also triggered questions in my head as to the potential for FNMA and/or FMCC stock as a potential long (probably long, long, long)-term holding. I don't generally mess with wildly speculative, near-penny stock stuff, but, again, I thought I'd lob it out for discussion. All rational, on-topic thoughts welcome and appreciated!