Wednesday, September 02, 2009
Fannie Mae and Freddie Mac Retreat
Fannie Mae FNM, and Freddie Mac FRE continue to fall for the second day. Investors are worried that the financial crisis has only paused and will continue as bailout funds dry up.
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6 comments:
Looks like FNM and FRE have reversed their down trend and are now reaching higher!
FNM and FRE are giving back on an up day.
Banking stocks are coming under pressure today. C, FNM, and FRE are all down!
FNM and FRE are trading flat today.
FNM and FRE are unchanged in early trading.
FRE and FNM have stabilized for now. Reports suggest that the housing market has not seen the end of record foreclosures. We do not know if the market will support the recent appreciation of FRE and FNM.
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