Homepage | NEWS | Economy | Finance | Your Money - Details
A Gift Horse For Fannie & Freddie?
- people ) has already reported the "serious delinquency rate" for single-family properties, increased seven basis points in November to 0.90%. That monthly figure could rise to 1% when the company releases its December data later this month, predicts Kenneth Posner, analyst at Morgan Stanley. He gives Fannie an "underweight" rating, partly because the company has a higher proportion of alt-A loans (12.5% vs. 8%) and higher proportions of high-loan-to-value loans in trouble than its competitor, Freddie Mac (nyse: FRE - news - people ).

Morgan Stanley gives Freddie an equal-weight rating. But it isn't just picking on Fannie; the deterioration among what were once prime mortgages has led it to

1 2 3 4 5 6 7
Previous Next

About Us

Add to Favorite

  Copyright © Kobi21.com 2006-2017