Saturday, July 19, 2008
A little perspective on Fannie and Freddie
Above are charts of 90-day delinquencies (based on the Monthly Volume Summaries and the OFHEO Report to Congress) through the first quarter of this year and credit losses through 2007 (these are the most recent public data that I can find).
Like many others, I eagerly await the companies' first quarter financial statements. But what do
others know that we don't?