Fannie & Freddie: Myth vs. Reality - Timothy Travis

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Fannie & Freddie: Myth vs. Reality
Jul 11, 2008 11:06 AM UTC

Timothy Travis

Return	Risk
-36.80%	LOW

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
FRE		07/11/08	-33.67%	07/14/08
FNM		07/11/08	-31.76%	07/14/08

Via Long Investment Ideas from Seeking Alpha:

Over the last week, Freddie Mac (FRE) and Fannie Mae (FNM) have seen their share prices decimated. The primary concerns are higher funding costs and misinformation about the companies' business and balance sheets.

In listening to all of the rumors and discussions on television in regards to the GSEs' prospects, it is clear that most commentators and observers discussing these institutions have very little understanding of the actual businesses.

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allstarinvestor

85%

1 point commented 509 days ago reply

although there is plenty of misinformation disseminated by the talking heads of CNBC, I dont know if the FNM FRE picture is as clear as you make it seem

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