Freddie Mac plans to revisit its economic and housing market projections for the remainder of...

Freddie Mac plans to revisit its economic and housing market projections for the remainder of 2012 and 2013 as the Fed's asset purchases are "sparking" an unexpected pickup in activity. Housing boosted GDP growth by 0.3% in 2012 H1 after being a drag on output from 2006-2010, according to the agency.

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  • recession12
    , contributor
    Comments (170) | Send Message
    There seems to be widespread drop use if Freddie Mac thinks housing is healthy. It's on life support and the govt has been keeping it on costing taxpayers trillions. The govt is taking paper back at full price when it is only worth 75 cents on the dollar on the bond market. This is true propaganda
    23 Oct 2012, 08:08 PM Reply Like
  • unrulyjess
    , contributor
    Comments (2) | Send Message
    I purchased approximately 550,000 dollars of Freddie Mac stock at about 5.50 per share, 30 minutes before the stock went into freefall after President Obama and the Government took the stock over.
    I sold my position at an average of .33 cents a share, and then did everything thing I could to make the loss up. I took chances, bought and sold stock daily, sometimes the same stock 2 to 3 times a day until I fortuneatley build back my loss plus about 150,000 dollars. I guess when your back is against the wall, you need to do what it takes when these types of stock situations happen to you and hope that you can get back in the saddle. I was fortuneate, indeed!!!!!
    24 Oct 2012, 02:29 AM Reply Like
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