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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Fresenius SE & Co KGaA | TG:FRE | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.39 | -1.29% | 29.80 | 29.68 | 29.92 | 30.33 | 29.73 | 30.12 | 27,328 | 22:50:02 |
From Jul 2019 to Jul 2024
DOW JONES NEWSWIRES
Freddie Mac (FRE) said Friday that delinquencies in its mortgage portfolio continued to rise last month, putting further pressure on the mortgage financier.
It and larger sibling Fannie Mae (FNM) were put into conservatorship a year ago by the federal government amid fears of mounting losses at the companies.
Freddie said August delinquencies rose to 3.13% from 2.95% in July and 1.11% a year earlier.
The report also showed that Freddie is continuing to unwind its portfolio, falling another $20 billion during the month to $779.41 billion. As in July, the drop was driven by a decrease in Freddie mortgage-backed securities held by the company. Still, the portfolio rose at a 3.7% annualized rate in August.
Freddie shares, which have been active and volatile the past several months, were recently down 2.07% to $1.89.
-By Kevin Kingsbury, Dow Jones Newswires; 212-416-2354; kevin.kingsbury@dowjones.com
1 Year Fresenius SE & Co KGaA Chart |
1 Month Fresenius SE & Co KGaA Chart |
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