Will cause home prices to go up. I own several rental properites so it will be a good thing for me I plan on selling all my properties in about five years.Been holding this stock since it was $0.26 a share.
It is hard if not impossible to time the market. I have been holding FMCC since $0.25 and FNMA since $0.26 .
Plan on holding for a long time I feel $60.00 per share in 3 years plus a return to dividends. Total shares owned 12,000
I think the key is that they are using the term a subsidiary or Fannie and Freddie. To me this means Fannie and Freddie will survive and take the profits from the subsidiary.
Although I am still betting money that our dysfunctional government will not get anything accomplished prior to all debt being repaid and being forced to release Fannie and Freddie.