http://www.fanniemae.com/media/pdf/newsreleases/q22010_release.pdf;jsessionid=NZAIFVFEE1OFDJ2FQSHSFGAAt this pace, next quarter we FNMA posts a profit...
Not bad at all. Now if O can just give some encouraging comments later this month.
"The company does not expect to earn profits in excess of its annual dividend obligation to Treasury for the indefinite future," Fannie said in a statement.
FNMA could go back to over $1 on news like this !!!FT