A visual look at Fannie, Freddie's performance Font size: A | A | A 9:00 AM ET 6/17/13 | Marketwatch RELATED QUOTES 5:15 AM ET 6/17/13 Symbol Last % Chg FNMA 1.53 0.00% FMCC 1.39 0.00% FNMAS 5.13 0.00% FMCKJ 5.20 0.00% Quotes delayed at least 15 minutes Federally controlled mortgage giants Fannie Mae FNMA) and Freddie Mac FMCC) exhibit "critical financial weaknesses" in areas such as capital, poorly performing legacy assets, outdated systems and uncertainty over the future, according to a recently released regulator's report. The charts in this slideshow take a close look at Fannie and Freddie, starting with delinquency rates. The serious delinquency rate among Fannie- and Freddie-backed single-family home loans has trended down since 2009, but remains relatively high, according to a report from the Federal Housing Finance Agency, which regulates the mortgage backers. For Fannie and Freddie, the serious de...
Comments
Post a Comment