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Credit Suisse

Latest Posts

Credit Suisse: GSEs Face $16 Billion in Losses 

Jan 22, 2008By

Via Bloomberg, Credit Suisse estimates that both Fannie Mae and Freddie Mac face $16 billion in losses for the fourth quarter: The government-chartered companies’ earnings and capital haven’t yet been hurt by declines in the $230 billion of AAA rated “non-agency” mortgage-backed bonds they hold, according to New York-based analysts Moshe Orenbuch and Kerry Hueston …

3d rendering of a row of luxury townhouses along a street

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