Fannie Mae (FNMA): The Trillion Dollar Penny Stock

Don’t look now but shares in U.S. mortgage giant Federal National Mortgage Association, Fannie Mae (OTCBB: FNMA), are smoking hot. FNMA reported Q1 results, its first net income gain since the government took them over during the 2008 financial crisis. Does this mean that shares in the penny stock could quickly return to their $86 ...

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