Freddie Mac Securities Auction Reflects Confidence
Wednesday, July 16th, 2008Freddie Mac, who along with Fannie Mae hold or back about half of all the outstanding mortgages in the United States, successfully auctioned $3 Billion in short term securities. According to an Associated Press article by Stephen Bernard, the successful auction shows confidence that the company is not going out of business. For the entire article, press READ ARTICLE.
