Thu, Oct 23, 2014, 4:07 AM EDT - U.S. Markets open in 5 hrs 23 mins

Recent

% | $
Quotes you view appear here for quick access.

Federal National Mortgage Association Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • robchadwick robchadwick Dec 28, 2009 3:26 AM Flag

    ***Real Estate Futures Down 12% for Monday!***

    Come off it - what futures are you talking about specifically? Enough pulling random numbers out of your ass.

    Treasury lifted the cap on FRE/FNM because they had until Dec 31st to do so without congressional approval. This isn't a surprise to anyone paying attention.

    This is good for real estate in that FRE/FNM no longer has to reduce their MBS holdings & FRE/FNM are the only ones buying mortgages these days.

    I don't see anything rosy in the real estate market, but this particular action was expected & if anything gives the Treasury some huge guns to keep mortgages flowing & support real estate.

 
FNMA.OB
0.00(0.00%)

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.