As of 1:15pm today...
Fannie Mae (FNM) fell 19.5% to $15.08, down 51.2% YTD and 78.6% from its 52-week high.
Freddie Mac (FRE) fell 21.9% to $11.32, down 57.4% YTD and 83.2% from its 52-week high.
Reason: It was reported they may have to raise $46 billion and $29 billion respectively if forced to bring off balance sheet assets back onto their balance sheets.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment