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Will there be a Problem with Agency Paper      7-Nov-09 01:21 pm    
Darned good article from Seeking Alpha about the FNMA earnings. As reported, it continues to be a black hole. The MBS are not backed by the Full Faith and Credit of the US Govt. Will Barney ever decide to let it go - or will the govt. be forced to let it unwind? that would be a black day for the Mortgage REIT stocks.

http://seekingalpha.com/article/171815-t...

In the comments to that piece is a link to something a bit more positive:
http://brontecapital.blogspot.com/2009/1...
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cmeng

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  Subject Author Rating Time of Post (ET)  
 
Will there be a Problem with Agency Paper
cmeng Not rated 7-Nov-09 01:21 pm  
 
Reality is without Freddie and Fannie the home own...
ferdiefor 8-Nov-09 09:31 pm  
 
I wouldn't bet the farm on your opinion. the...
sid66tb (1 Rating) 9-Nov-09 04:43 am  
 
The low life districts with the highest defau...
cmeng (1 Rating) 9-Nov-09 10:00 am  
 
"Barney wants to have as much power as possib...
sendtodrew (1 Rating) 9-Nov-09 11:27 am  
 
Your right and nobody would be able to get loan to...
wiganunda (1 Rating) 9-Nov-09 08:18 am  
 
Wig, Banks must make loans to make money. T...
cmeng (1 Rating) 9-Nov-09 10:04 am  
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American Capital Agency Corp. (AGNC)

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On Feb 9: 26.94 Down 0.28 (1.03%)
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