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Home : Home Mortgage Loan : Home Equity Line of Credit Loan : MSN Newsfeeds : Wall Street Breakfast: Must-Know News - Seekingalpha.com

Wall Street Breakfast: Must-Know News - Seekingalpha.com

Freddie misses, slashes dividend. Mortgage financer Freddie Mac ( FRE ) loses $821M, more than estimates, and cuts its dividend to $0.05 to $0.25 (see below). Subprime and low-quality mortgage writedowns were $1B. "We remain committed to raising $5 ...
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