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To: reaper who wrote (144400)	1/17/2002 5:31:52 PM
From: mishedlo	Read Replies (2) \| Respond to of 436258

Reaper - you are mistaken. Buffet called FNM overvalued and unloaded his shares at a much lower price over a year ago. ggg M

To: reaper who wrote (144400)	1/22/2002 9:10:29 AM
From: Bocor	Respond to of 436258

Freddie Mac (FRE) reported fourth-quarter operating earnings of $853 million, or $1.14 a share, compared to $663 million, or 89 cents a share, for the same period a year ago. The results surpassed the Wall Street consensus estimate by two cents. Meanwhile, reported net income and earnings-per-share for the quarter totaled $1.36 billion and $1.87, respectively. The Mclean, Va.-based financial company said its results were driven by record portfolio growth and continued low credit costs. Operating revenues totaled $1.72 billion in the fourth quarter 2001, a 48 percent increase over $1.159 billion for fourth quarter of 2000. Operating net interest income grew to $1.194 billion in fourth quarter compared with $738 million in fourth quarter of 2000. Freddie Mac's total mortgage portfolio grew 18 percent in 2001 to $1.138 trillion. Looking ahead, Freddie Mac expects 2002 operating earnings growth to be in the "mid-teens," driven by growth in the mortgage market as well as good prospects in the company's retained portfolio and securitization businesses. The stock closed on Friday up 70 cents to $68.06