Does FNMA Have Enough juice To Keep Going?
At this point FNMA might not be all speculation.
"This latest plan is to return the two back to private hands. But as part of the plan, there would be a Treasury backstop in place. But this hasn’t come without pushback. Senate Banking Committee Senator Sherrod Brown has issues with this plan. The concern stems from possible risks that could arise by giving up control." - PennyStocks.com, 2 Penny Stocks To Buy Or Avoid This Month: FNMA & FMCC
I think the government angle is something to pay attention to right now, personally. The closer a decision comes, the less "technical" and the more "headline" risk will play a factor.
"This latest plan is to return the two back to private hands. But as part of the plan, there would be a Treasury backstop in place. But this hasn’t come without pushback. Senate Banking Committee Senator Sherrod Brown has issues with this plan. The concern stems from possible risks that could arise by giving up control." - PennyStocks.com, 2 Penny Stocks To Buy Or Avoid This Month: FNMA & FMCC
I think the government angle is something to pay attention to right now, personally. The closer a decision comes, the less "technical" and the more "headline" risk will play a factor.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.