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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (67559)8/12/2007 11:23:28 PM
From: Broken_Clock  Read Replies (1) | Respond to of 116555
 
* Strength in the Mortgage Patch - FNM and FRE--Fanny and Freddy--don't seem to mind the mortgage weakness; their securities are backed by fixed-rate mortgages, not the riskier adjustables that are experiencing foreclosures. They were unusually strong, though volatile, this past week."
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Either James Lockhart is ignorant or that guy is.