Freddie Needs Fresh Capital.....

When you read this quote from Freddie or Fannie you know something is brewing.......I suggest to read the entire Freddie Mac Presentation including lots of details on the billions of losses, mark to market, cure rates etc....

Wenn man diese Ausführung von Freddie oder Fannie zu hören bekommet weiß man das Ungemach nicht lange auf sich warten läßt..... Ich empfehle die gesamte Freddie Mac Präsentation zu lesen. Die geben u.a. Hinweise wo genau diie Mrdverluste sich angehäuft haben und was evtl. noch so alles kommen könnte......

Considering a variety of options to manage to the mandatory target capital surplus and respond to regulatory concerns

From the Press Release

Freddie Mac's regulatory core capital was estimated at $34.6 billion at September 30, 2007, which represented an estimated $8.5 billion in xcess of the regulatory minimum capital requirement, and an estimated $0.6 billion in excess of the 30 percent mandatory target capital surplus directed by the Office of Federal Housing Enterprise Oversight OFHEO).

Bloomberg Freddie Has 3rd-Quarter Loss, Seeks to Raise Capital

Freddie Mac hired Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. to advise it on capital options.

Bloomberg Freddie Mac May Need to Raise $6 Billion to Stem Capital Slide

Freddie Mac, the second-largest U.S. mortgage-finance company, may need to raise as much as $6 billion to bolster its capital amid the worst housing slump in at least 16 years.