Rochester, NY 8/31/2009 8:20:32 PM
Freddie Mac FRE, Trading session in the pre market down 7.92
Freddie Mac
Freddie Mac purchases residential mortgages and mortgage-related securities in the secondary mortgage market and securitizes them into mortgage-related securities that can be sold to investors, after the pre market was opened trade hit 2.21 and volume of 2,660,534 shares very low from the average volume of 47,386,300 shares.
Freddie Mac is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors. The Company purchases single-family and multifamily mortgage-related securities for its mortgage-related investments portfolio. It also purchases multifamily residential mortgages in the secondary mortgage market and hold those loans either for investment or sale.
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Last Trade: 2.21
Day's Range: N/A - N/A
52wk Range: 0.00 - 5.52
Change: Down 0.19 (7.92%)
Volume: 2,660,534
Avg Vol (3m): 47,386,300
About Freddie Mac
Freddie Mac finances purchases of its mortgage-related securities and mortgage loans, and manages its interest-rate and other market risks, primarily by issuing a variety of debt instruments and entering into derivative contracts in the capital markets. The Company operates in three segments: Investments, Single-family Guarantee and Multifamily.
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