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Ryan's District  > RD Today > Business News > Fannie, Freddie shares back from brink of meltdown (AFP)
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« on: July 11, 2008, 10:42:08 PM »
Fannie, Freddie shares back from brink of meltdown
    (AFP)

 


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An exterior view of mortgage finance giant Fannie Mae in Washington, DC. Shares of US mortgage finance giants Fannie Mae and Freddie Mac recouped most losses after an early freefall of some 50 percent, as Freddie Mac turned positive in late trade.(AFP/Getty Images/File/Alex Wong)" border="0
AFP - US mortgage finance giants Fannie Mae and Freddie Mac were pushed to the brink of a meltdown Friday on heightened concerns about the viability of the firms that underpin trillions of dollars in home loans.</p><br clear="all"/>


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