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Freddie Mac deadline for restatement

Article Abstract:

Freddie Mac is planning to issue its reaudited and restated financial results in November 2003. The firm is expecting $4.5 billion or higher in earnings growth. Freddie Mac had originally set a end-of-September 2003 deadline for the restated results.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

Sales, profits & dividends, Finance, Company sales and earnings, Company earnings/profit

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Fannie Mae, Freddie Mac bonds fall

Article Abstract:

Freddie Mac's and Fannie Mae's publicly traded debt values dropped against Treasury securities. Fannie Mae's and Freddie Mac's debt values fell after European central banks were reportedly selling the companies' debt securities from their reserves.

Author: Sims, G. Thomas, Barta, Patrick

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

Securities issued, listed, Securities, Fannie Mae Corp., FNM, Company securities

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Subjects list: United States, Mortgage banks, Federal Home Loan Mortgage Corp., FRE

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