Posts Tagged ‘Freddie Mac’

Day 3 Murder-Markets: Fannie & Freddie (FNM, FRE)

We are seeing yet another day of the murderous selling in Fannie Mae (FNM) and  Freddie Mac (FRE).  This is becoming a self fulfilling prophecy despite the GSE’s saying they are adequately capitalized.  At 9:42 AM EST we have seen already 19.2 million shares in FNM trade down 7% at $4.18 and 15.3 million FRE [...]

Volume Spike: Fannie & Freddie (FNM, FRE)

We are seeing a huge amount of share volumke heading in and out of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) early this Monday morning.  Barron’s panned the GSE lenders over the weekend saying that a taxpayer and government bailout/recapitalization was likely to wipe out common shareholders entirely and would likely cause large [...]

A Tale of Two Gappers: AMBAC vs. Freddie Mac

We have quite a different outcome for two key mortgage players this morning.  Ambac Financial Group, Inc. (NYSE: ABK) and Freddie Mac (NYSE: FRE) both reported earnings, yet they are as different as night and day. Ambac is seeing a share gain of about 4% right before the open.  The company actually managed to post [...]

Fannie & Freddie Volume Through The Roof (FNM, FRE)

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE:: FRE) are seeing more downside volume than one could imagine.  We have discussed ramifications of a merger or failure of either one.  Traders are betting against these in a big way and we have seen nearly triple the volume in Freddie Mac and nearly double the volume [...]