The End of an Era - Industry Report Highlighting Federal Home Loan Mortgage Corp and Federal National Mortgage Association
HONG KONG, Feb. 28 /PRNewswire/ - Today, www.WorldStreetFundamentals.com released its industry report highlighting Federal Home Loan Mortgage Corp (OTC: FMCC), previously Freddie Mac; and Federal National Mortgage Association (OTC: FNMA), the government-sponsored enterprise Fannie Mae. Investors from around the world are invited to view fundamental and technical analysis at www.WorldStreetFundamentals.com.
With some crying, "The end of Fannie and Freddie" this comes as quite a shock to most, due to the fact that both companies date back decades. With their roots dating back to the great depression and the fact that both companies are splitting at the seams, appearing doomed, it raises questions to the public as who will replace the private firms. Many are worried about the outcome.
Recently plans have been made for Freddie Mac and Fannie Mae executives to be questioned. The fuel for this panel will be the colossus compensation packages paid for by the US tax payers to executives. This does not come as a shock as both Fannie and Freddie were kidnapped by the bush administration amid the massive losses both companies incurred from default mortgages. Both are now controlled by the Federal Housing Finance Agency (FHFA), a government conservator.
World Street Fundamentals has highlighted Federal Home Loan Mortgage Corp (OTC: FMCC), previously Freddie Mac, due to high investor demand and requests to our website for information. Investors should note, World Street Fundamentals is releasing an "informational-only" report, and does not recommend the purchase or sale of any securities in Freddie Mac. To read the report on Federal Home Loan Mortgage Corp (OTC: FMCC), visit www.WorldStreetFundamentals.com.
Federal National Mortgage Association (OTC: FNMA) also received a high-volume of requests. Investors are reminded; World Street Fundamentals does not recommend the purchase or sale of any securities of any kind in Fannie Mae. The available report is provided on an "information-only" basis.
To view fundamental and technical analysis on these two industry leaders we encourage investors to visit: www.WorldStreetFundamentals.com.
About World Street
World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets around the world. Covering the top performers in the hottest sectors and providing clarity to investors around the world.
SOURCE World Street Fundamentals
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