Rochester, NY 9/2/2009 9:31:51 AM
Freddie Mac, FRE, Ended Yesterday Trading at 1.90
Freddie Mac
Freddie Mac which 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, shares was down by 17.03% on its last trading.
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: 1.90
Day's Range: 1.90 - 2.24
52wk Range: 0.25 - 5.52
Change: Down 0.39 (17.03%)
Volume: 169,969,243
Avg Vol (3m): 51,690,600
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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