Company News: Page (1) of 1 - 09/07/10 Email this story to a friend. email article Print this page (Article printing at page facebook

Federal National Mortgage Association is Today's Focus Stock on

(September 07, 2010)

DALLAS, Sept. 7, 2010 (GLOBE NEWSWIRE) -- announces an investment report featuring Federal National Mortgage Association (OTCBB:FNMA). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at:

Federal National Mortgage Association (FNMA), also known as "Fannie Mae," is a government-sponsored enterprise (GSE) chartered by the U.S. Congress to support liquidity and stability in the secondary mortgage market, where mortgage loans are purchased and sold. The Company participates in the secondary mortgage market by purchasing mortgage loans and mortgage-related securities for its mortgage portfolio. It also makes other investments that increase the supply of affordable housing. The Company is organized in three business segments: Single-Family Credit Guaranty, Housing and Community Development (HCD) and Capital Markets. 

Message Board Search for FNMA:

In the report, the analyst notes:

"FNMA reported a net loss of $11.5 billion in the first quarter of 2010, compared with a net loss of $15.2 billion in the fourth quarter of 2009. Including $1.5 billion of dividends on senior preferred stock held by the U.S. Department of Treasury, the net loss attributable to common stockholders was $13.1 billion, or ($2.29) per diluted share, compared with a loss of $16.3 billion, or ($2.87) per diluted share, in the fourth quarter of 2009.  

"U.S. mortgage rates dropped to a record, the 11th straight week of matching or setting a new low, reducing borrowing costs for homebuyers as demand slumps. The average rate for a 30-year fixed mortgage fell to 4.32% in the week ended today from 4.36%, Freddie Mac said last week. That was the lowest since the McLean, Virginia-based company began compiling the data in 1971. The average 15-year rate was 3.83%, also a record."

To read the entire report visit:

See what investors are saying about FNMA at

Get breaking news on FNMA at is a small-cap research and investment commentary provider. strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: Disclosure is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. is a Web site wholly owned by BlueWave Advisors, LLC. Neither nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site,, for complete risks and disclosures.

Brian Johnson

Page: 1

Related Keywords: BANKINGMac, OS9, OSX, USA, Financial, Wall Street, Internet Technology, Business, Other,

Content-type: text/html  Rss  Add to Google Reader or
Homepage    Add to My AOL  Add to Excite MIX  Subscribe in
NewsGator Online 
Real-Time - what users are saying - Right Now!

Our Privacy Policy --- @ Copyright, 2015 Digital Media Online, All Rights Reserved