Negative market reaction to Obama appointment Mel Matt to oversee Fannie/Freddie. Watt to push for reduction in mortgage principal for properties under water. Viewed as negative for mortgage Reits.
Going lower due to Obama's choice of Mel Watt to oversee Fannie/Freddie. Watt will push for reducing mortgage principal of troubled mortgages. This will be bad for NLY.
U can forget about privatization. Won't happen under his watch. Watt to push for principal forgiveness. That will slow foreclosures. Make Fannie very profitable. Go Fannie!
grip it and rip it. stock has plenty of room to run. anyone in tech knows this. idiots like u are clueless.