3

woodwardhall.wordpress.com - 1/27/2009

What to do about Fannie Mae and Freddie Mac?

— woodwardhall.wordpress.com — Here are our recommendations. A discussion follows. The GSEs should be preserved, mainly because they are the... most effective institutions for providing liquidity to the mortgage market. Most mortgage investors, including depositories, prefer ... (more) What to do about Fannie Mae and Freddie Mac?

Stocks

Fannie Mae

Freddie Mac

Comments vote downundo vote up EconLog: Library of Economics and Liberty found this 1/27/2009found this

2

news.yahoo.com - 1/23/2009

Freddie Mac may draw $35 billion more from Treasury (Reuters)

— news.yahoo.com — Reuters - Freddie Mac , the second-largest provider of funding for U.S. home loans, on Friday said... expected fourth-quarter losses may force it to draw up to $35 billion from the U.S. Treasury to maintain a positive net worth. (more) Freddie Mac may draw $35 billion more from Treasury  ...

Stocks

Freddie Mac

Treasury Bills

Comments vote downundo vote up Yahoo! News: Personal Finance News found this 1/23/2009found this

2

reuters.com - 1/27/2009

Fannie, Freddie may tap U.S. Treasury for $51 bln

— reuters.com — NEW YORK (Reuters) - Fannie Mae and Freddie Mac could tap the government for up to $51... billion in coming weeks, exceeding some Wall Street estimates, so they can continue to operate as the largest providers of funding for U.S. residential mortgages. ... (more) Fannie, Freddie may tap U.S. Treasury for $51 bln

Stocks

Freddie Mac

Fannie Mae

Comments vote downundo vote up FT Alphaville found this 1/27/2009found this

Leave a Comment

Freddie asks for another $35 billion
Rolfe Winkler — In a filing with the SEC yesterday, Freddie laid out its second request for taxpayer funds: Based on preliminary unaudited information concerning [Q4] results…[Freddie Mac] management currently estimates that [its Conservator] will submit a request to…[Treasury] to draw an additional amount of approximately $30 billion to $35 billion under the $100 billion Senior Preferred Stock Purchase Agreement (Purchase Agreement) between Freddie Mac and Treasury. The Purchase Agreement requires Treasury, upon the request of the Conservator, to provide funds to the Company after ...

Weekend Linky Dinks
UpsideTrader — [image] The major indexes averaged about a 3% decline for the week as we got barraged with more gloomy news. Here are some links of interest. First off, thank you to 24/7 Wall St. for including me on their "Top 25 Financial Blogs for 2009" Some stocks that could be headed to zero . Maria Bartiromo does an hysterical interview with Prince Alaweed. Not really. Freddie Mac is back to the well for $35 billion. Already? The Obameter , if you want to track his promises. Louise Yamada was canned by Citigroup, so they could push further into toxic matter, maybe they should have listened. Mish talks ...