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Showing 41 - 43 of 43 results for "Freddie Mac"

Market wrap - midday

AAP  |  WEDNESDAY, 21 NOV 2007
... hard." Local banking stocks dived after two large US mortgage companies announced difficulties with the credit crisis. Freddie Mac, the second-largest US mortgage finance company, on Tuesday posted a wider third-quarter loss while Countrywide Financial ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 NOV 2007
... weakness in housing and tighter credit conditions. Stocks were sent lower earlier in the day by mortgage financer Freddie Mac, which posted a large third quarter loss. Fellow lender Countrywide plummeted over 20 per cent on rumours it could file for ...

Market Wrap - Morning

AAP  |  THURSDAY, 8 NOV 2007
... Andrew Cuomo has announced his office was sending subpoenas to government-sponsored mortgage financiers Fannie Mae and Freddie Mac as part of an investigation into the home loan industry. By the preliminary close in New York, the Dow Jones industrial ...
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