Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM) are falling hard this morning on heavy volume, both stocks are down close to 17%. Freddie's volume is approaching 61 million and Fannie 150 million and its only 10:40 AM EST.
Same Bat-Time and Bat-Channel again this morning with Citigroup (NYSE:C) leading the most shares traded on the NYSE along with fellow financial friends Fannie (NYSE:FNM), Freddie (NYSE:FRE) and of course Bank of America (NYSE:BAC).
The Markets are continuing to gain early this week as the economy is gaining ground on recovery. Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) are leading the charge with HUGE gains today. Currently, the DOW is up