Federal National Mortgage Association (Fannie Mae) is Today's Focus Stock on MicroStockProfit.com

/ Source: GlobeNewswire

DALLAS, Nov. 15, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Federal National Mortgage Association (Fannie Mae) (OTCBB:FNMA). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at:

Federal National Mortgage Association (FNMA), also known as "Fannie Mae," is a government-sponsored enterprise (GSE) providing liquidity and stability support in the secondary mortgage market in the United States. It securitizes mortgage loans originated by lenders in the primary mortgage market into mortgage-backed securities, which are bought and sold in the secondary mortgage market. The Company operates in three segments: Single-Family Credit Guaranty, Housing and Community Development and Capital Markets.

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In the report, the analyst notes:

"FNMA recently reported a net loss of $1.3 billion in the third quarter of 2010, compared to a net loss of $1.2 billion in the second quarter of the year. The Company's net loss attributable to common stockholders was $3.5 billion, including $2.1 billion in dividend payments to the U.S. Treasury."

"'FNMA continues to focus on building a strong new book of business and returning to profitability (excluding Treasury dividend payments), and its operating results reflect stabilizing credit-related expenses and increasing revenues,' the company said in a statement."

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