Fannie Mae buys and holds mortgages, and issues and sells guaranteed mortgage-backed securities to facilitate housing ownership for low to middle-income Americans. The Company was chartered by the United States Congress, but went public in 1970.
*16th Time Is A Charm: Clearly, Genworth Financial (GNW.US) [Genworth] has no other prospects and we  don’t think for a moment that China Oceanwide...
*No Money, Yet Deal Still On: After last night’s close of business, Genworth Financial (GNW.US) [Genworth] released an update on China Oceanwide’s...