Re: [CANSLIM] FNM earnings, credit losses

From: Chazmoore@aol.com
Subject: Re: [CANSLIM] FNM earnings, credit losses
Date: Mon, 15 Apr 2002 12:01:33 EDT

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Sorry Tom, I can't post WSJ article since I take the hard copy. I will try to 
paraphrase it for you.

Fannie Mae will rescind a "cleanup" call of $1.5 billion in old 
mortgage-backed securities, hoping to calm bond investors. The action was not 
worth alienating investors who claimed to have lost $130 million as a result 
of action. The action occurred after Congressman Baker (LA) indicated his 
committee would review to make sure it was appropriate.

That's it in a nutshell. Charley

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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2>Sorry Tom, I can't post WSJ article since I take the hard copy. I will try to paraphrase it for you.
<BR>
<BR>Fannie Mae will rescind a "cleanup" call of $1.5 billion in old mortgage-backed securities, hoping to calm bond investors. The action was not worth alienating investors who claimed to have lost $130 million as a result of action. The action occurred after Congressman Baker (LA) indicated his committee would review to make sure it was appropriate.
<BR>
<BR>That's it in a nutshell. Charley</FONT></HTML>

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