Released on = January 31, 2006, 9:45 am

Press Release Author = Perfect Home Living

Industry = Real Estate

Press Release Summary = NYSE allows stock trading to continue for Fannie Mae

Press Release Body = West Valley City, UT / Press Release / -- The 36th Annual
Meeting of the World Economic Forum is officially over in Davos Switzerland.
Roughly 2,500 economists, investors, academics and executives concluded five days of
talks that addressed issues concerning financial markets and governments. Of
significant concern were remarks regarding the financial markets and governments
downplay of real economic threats.

"What's occurring right now in markets and policy circles is a dangerous degree of
complacency and from complacency comes the most damage to markets and economies,"
said Morgan Stanley Chief Economist Stephen Roach.

A study released by the World Economic Forum outlined that the possibility of a 40
percent drop in the dollar and a surge in the price of oil to $100 a barrel are
among the greatest short-term threats to the global economy.

But as Perfect Home Living reports the possibility of a greater short-term threat
has already arrived.

Mortgage Fraud.

All across the nation, cases involving mortgage fraud have been on the rise. The
FBI reports for fiscal year 2005, losses stemming from mortgage fraud reached
$1,014,000,000.

\"When criminals and enterprises commit mortgage fraud their reach is no longer
confined merely to the community, city or state where the act was committed. We are
now witnessing the impact all the way to Wall Street,\" said Sheri Fitzpatrick,
REALTOR and CEO of Perfect Home Living.

This past Friday, the U.S. economy was dealt a blow that could potentially have a
long lasting negative impact on the housing market. Fannie Mae, the company which
finances one in every five loans has not filed an earnings report since late 2004
when the government sponsored company admitted it was tangled in an $11 billion
dollar accounting scandal.

The New York Stock Exchange could halt the sales of Fannie Mae shares and delist the
stock, but at this time the NYSE has chosen to allow the stock to continue to be
listed but is enforcing that Fannie Mae become subject to quarterly review by the
NYSE.

\"Fannie Mae has and continues to be a vital part of home ownership in America.
Because we live in a liquid society information is available in seconds, and
unfortunately that\'s all the the time it takes for fraud to occur,\" Fitzpatrick
added.

Fannie Mae and Freddie Mac were created by Congress to pump money back into the
estimated $8 trillion dollar home-mortgage market. The goal or the intent of Fannie
Mae and its junior Freddie Mac would be to buy and guarantee the repayment of
billions of dollars of home loans from lenders and banks, and then bundle them into
securities that would later be resold to investors worldwide.

About Perfect Home Living

Perfect Home Living assists in implementing programs and providing training to
financial institutions regulated by the FDIC and state and federal crime task force
units that address mortgage fraud related crimes. For more information or to
request assistance from Perfect Home Living please visit us online at:
http://www.PerfectHomeLiving.com


Web Site = http://www.perfecthomeliving.com/Fannie%20Mae%20stock.htm

Contact Details = Perfect Home Living
West Valley, UT
Tel: 801.668.3952
Fax: 801.528.3321
Email: Michael@PerfectHomeLiving.com