Winning Stock Forecast: Fannie Mae (OTCMKTS: FNMA) Returns 113.27% in One Month
FNMA Winning Stock Forecast
Source: Wikimedia
Over the period from 21st December to 21st January FNMA saw a stock rise of 113.27% being the biggest earner from the 52-week low forecast package. The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE). Fannie Mae makes money partly by borrowing at low rates, and then reinvesting its borrowings into whole mortgage loans and mortgage backed securities. It borrows in the debt markets by selling bonds, and provides liquidity to loan originators by purchasing whole loans
