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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (158044)4/2/2002 10:21:09 AM
From: Bocor  Read Replies (1) of 436258
 
I guess the market values "honesty...FNM and FRE moving up today, lol

>>At year's end, the notional value of Freddie Mac's derivatives totaled $1.05 trillion, up from $475 billion the year prior. Of that, $661 billion was over- the-counter (OTC) derivatives, while the remainder was primarily exchange- traded.

The notional amount of Fannie Mae's derivatives portfolio increased to $533 billion at the end of 2001, up from $324 billion the year before. OTC derivatives account for Fannie's entire book.>>
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