| Yeah these two entities control over $12 trillion in loans so its pretty significant. They provide massive liquidity to the mortgage market, without them a ton of loans would stop going through.
The stocks both are in the $5 range at the moment, I believe Fannie was over $100 just a short while ago... and a very popular investing stock a few years ago too.
Whats really bullshit are the economic and real estate "experts" who keep predicting "its turning around now!", and in the meantime every month the real estate market gets worse. At what point do you get your crystal ball taken away, when you are wrong 12 months in a row? |