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Concerns Subside Over Fannie, Freddie 

Jul 21, 2008By

After two weeks that saw investor concerns over dual housing finance giants Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] veer wildly from serial dilution to outright insolvency, and shares in both quasi-governmental firms punished to historic lows as a result, both companies started out Monday strongly, continuing a rebound that began on Friday. Fannie Mae was trading at $15.70, up 17.16 percent, while Freddie was trading at $9.72, up 5.9 percent, when this story was published.

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