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Freddie Mac Also Stung by the Housing and Mortgage Problems

Freddie Mac Also Stung by the Housing and Mortgage Problems

This is a discussion on Freddie Mac Also Stung by the Housing and Mortgage Problems within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; "Freddie Mac, the second-biggest buyer of US mortgages , posted its largest-ever quarterly loss and said it may cut its ...

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11-20-2007, 06:47 PM

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Freddie Mac Also Stung by the Housing and Mortgage Problems

"Freddie Mac, the second-biggest buyer of US mortgages, posted its largest-ever quarterly loss and said it may cut its dividend and raise capital to weather ``significant deterioration'' in the housing market. The shares fell."

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