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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Penny Stock Fannie Mae (FNMA), $20.7 Billion in Revenues

Penny stock to watch today, Fannie Mae (OTCBB: FNMA), the root of much of the country’s economic crisis and the major contributor the destruction of the housing market, filed its Q4 and full-year 2011 results and filed its annual report on Form 10-K with the Securities and Exchange Commission before the market open.

If you were a victim of the housing crisis and lost ...

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