17 Billion Reasons Fannie Mae Is Looking Up

Yesterday, Fannie Mae announced a $17 billion profit for 2012, a complete turnaround from its near $17 billion loss in 2011. Where did Fannie's newfound profitability come from, and what does it mean for the housing and mortgage markets?

In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson tell investors what this complete change of direction means to them, and what they may be buying because of it. 

Bank of America's stock doubled in 2012. Could this news on the housing market mean that more is yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.

 


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2344978, ~/Articles/ArticleHandler.aspx, 9/30/2014 9:57:54 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 17,066.34 -4.88 -0.03%
S&P 500 1,974.96 -2.84 -0.14%
NASD 4,501.12 -4.74 -0.11%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2014 9:37 AM
BAC $17.08 Up +0.07 +0.39%
Bank of America CAPS Rating: ****

Advertisement