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Freddie Mac Posts Record Loss For Fourth Quarter
Feb 28, 2008Freddie Mac, the nation’s second-largest government-sponsored enterprise, said Thursday that it lost a record $2.45 billion, or $3.97/share, during the fourth quarter of 2007. The loss pushed the GSE to a $3.1 billion net loss, $5.37/share, for the full year. “Today’s economy represents one of the most severe housing downturns in American history,” said Freddie CEO Richard Syron, in a press statement.
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Did S&P Really Stress Test the Monolines?
Feb 27, 2008 -
Existing Home Sales Skid to Near-Decade Low
Feb 25, 2008 -
Ohio AG Eyeing Fannie Mae, Will Expand Mortgage Probe
Feb 20, 2008 -
On the radar …
Feb 19, 2008 -
Moody’s: CRE Prices Declined Sharply in December
Feb 19, 2008 -
Even Krugman Can Be Right, Occassionally
Feb 15, 2008 -
Wall Street Hasn’t Given Up On Mortgages
Feb 11, 2008 -
Germany’s Steinbrück: $400 Billion in Subprime Losses Possible
Feb 11, 2008 -
Bear Stearns Makes $1 Billion Bet on Continued Subprime Woes
Feb 08, 2008 -
OFHEO To Publish Monthly Housing Price Index
Feb 08, 2008
