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HOLY SHT! Did You See What JUST Happened to Freddie Mac?!
What is going on with Freddie Mac? The Federal Home Loan Mortgage Corporation, which is Freddie’s official, has seen its stock utterly pummeled this past week, crashing by 25%. Since Freddie is one of the mortgage giants, this isn’t just some run of the mill equity. The story here appears to be tied up in a number of different angles, from GSE QE to its IPO, but the themes we keep coming back to are concerns over its cash and our jobs.
Eurodollar University's conversation w/Steve Van Metre…
The skinny
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