GSE Stock Prices Recover a Bit From July Battering
July 23, 2008
Stock prices for Fannie Mae and Freddie Mac have rebounded somewhat from historic lows reached early last week, but the enormous loss in market capitalization for the two GSEs remains arguably their biggest challenge. The GSEs – along with many financial services firms – saw their stock prices driven down to record lows on July 15, closing at $7.07 (Fannie) and... [Includes one chart]