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blondie11230 blondie11230 • Feb 2, 2010 10:01 AM Flag

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FNM returning bad loans to Banks
FNM are going over the loans that they took. They are returning the ones that had fraudulent applications or where the Banks made mistakes or lied. This should remove many of the loans that are on their books. I think that this is possitive.
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- byelin4664 byelin4664 • Feb 2, 2010 11:15 AM Flag
  
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  It's great that they are getting around to dumping the bad loans back to the banks originating those loans. I thought when the housing bubble burst that FNM & FRE should have written off the bad loans and moved on; but this approach is much better - in fact GREAT!
- major382xy major382xy • Feb 2, 2010 10:09 AM Flag
  
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  This was the tone in Dec - looks like the mother ship might be going full steam ahead:)
  
  http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_F/threadview?bn=7179&tid=438480&mid=438868
  
  How long will it take to hit port and how much will the stock rise when it becomes evident that they are going to be released from c-ship?

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