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Stock Alert for Freddie Mac Issued by MicroStockProfit(June 17, 2010)
DALLAS, June 17, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Freddie Mac (NYSE:FRE). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/FRE
Freddie Mac (FRE) is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors. The Company purchases single-family and multifamily mortgage-related securities for its mortgage-related investments portfolio. It also purchases multifamily residential mortgages in the secondary mortgage market and holds those loans for either investment or sale. FRE finances purchases of its mortgage-related securities and mortgage loans, and manages its interest rate and other market risks, by issuing a range of debt instruments and entering into derivative contracts in the capital markets. The Company operates in three segments: Investments, Single-family Guarantee and Multifamily. The Company mainly serves lenders in the primary mortgage market that originate mortgages for homeowners and apartment owners, including mortgage banking companies, commercial banks, savings banks, community banks, insurance companies, credit unions, state and local housing finance agencies, and savings and loan associations in the United States.
Message Board Search for FRE: http://www.boardcentral.com/boards/FRE
In the report, the analyst notes:
"FRE shares plunged on news that the Federal Housing Finance Agency (FHFA), FRE's conservator, ordered the Company to delist its shares from the New York Stock Exchange (NYSE) amid failure to meet the minimum trading price listing standards. According to a press release by FHFA, the acting director of FHFA issued similar directives to Fannie Mae. A Financial Times report quoted Keefe, Bruyette & Woods analyst Bose George as saying, 'It shows that these companies are no longer viable as public entities over the longer term.'"
To read the entire report visit: www.microstockprofit.com/lp/FRE
See what investors are saying about FRE at penny stock forum
MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.
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