FRE, FNM, mortgage REITS ?

I'm thinking these real estate mortgage exposed companies are looking a bit scary for longs. Anybody else see it that way ?

 

bump

 

Freddie down 10...Fannie down 3

What would give you that idea???

 

I tried to get this thread going 2 months ago, nobody was interested, now the shit has hit the fan.

 

http://www.gold-eagle.com/gold_digest_03/droke053003.html

 

Good article...thanks.

 

why FRE is down http://cbs.marketwatch.com/news/sto...e&guid={31CD6480-029A-4738-B0DD-F63661293661}

 

Cooking the books is never good, but keep in mind that senior management in this case is accused of underreporting profits. FNM and FRE's growth has been real. After a few days to let the dust settle, might be a good time to buy them.

 

fuck FRE- that p.o.s cost me THOUSANDS today!!!!

 

how do you know their growth has been real if they have been cooking the books ????