Bove Considering An Investment In Fannie Mae

Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) has taken criticism from all corners for its role in the fiscal crisis, but it is also on track to repay the government bailouts it received and has been an important part of the recovery. Dueling Senate and House bills would eliminate or drastically alter both Fannie and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC), and current rules would bring its net worth down to zero in 2018. But Rafferty Capital Markets VP of Equity Research Richard X. Bove has released the first in a series of articles seriously considering investing…