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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: stevenallen who wrote (392)1/4/2002 1:51:05 PM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
Steve, no, have you? I see earnings FNM earnings are due out Jan. 14th and you can bet they will be strong. I'm also a real estate agent with Prudential and I can tell you that as interest rates start to climb these guys get even busier. People all of a sudden get off their butts and figure they better jump in before interest rates start really climbing.

WASHINGTON, Jan 4, 2002 (BUSINESS WIRE) -- Fannie Mae (NYSE: FNM chart, msgs), the nation's largest source of financing for home mortgages, today announced it will report its fourth quarter earnings on Monday January 14, 2002.

The Company also will host a live conference call to discuss the quarter's results and the earnings outlook for the year at 4:00 p.m.

Fannie Mae will provide an audio webcast of the conference call, which interested parties can access from Fannie Mae's Web site. A replay of the conference call will be available on Fannie Mae's Web site for two weeks.

Fannie Mae is a New York Stock Exchange company and the largest non-bank financial services company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages.

Fannie Mae is working to shrink the nation's "homeownership gaps" through a $2 trillion "American Dream Commitment" to increase homeownership rates and serve 18 million targeted American families by the end of the decade. Since 1968, Fannie Mae has provided more than $3.0 trillion of mortgage financing for more than 40 million families.

More information about Fannie Mae can be found on the Internet at fanniemae.com.

Style Usage: Fannie Mae's Board of Directors has authorized the company to operate as "Fannie Mae," and the company's stock is now listed on the NYSE as "Fannie Mae." In order to facilitate clarity and avoid confusion, news organizations are asked to refer to the company exclusively as "Fannie Mae."
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