DALLAS, July 12, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Freddie Mac (OTCBB:FMCC). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/FMCC
FMCC's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility.
Freddie Mac (FMCC) is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors. The Company purchases single-family and multifamily mortgage-related securities for its mortgage-related investments portfolio. It also purchases multifamily residential mortgages in the secondary mortgage market and hold those loans either for investment or sale. FMCC finances purchases of its mortgage-related securities and mortgage loans, and manages its interest-rate and other market risks, by issuing a range of debt instruments and entering into derivative contracts in the capital markets. The Company operates in three segments: Investments, Single-family Guarantee and Multifamily.
In the report, the analyst notes:
"FMCC recently released a survey showing that mortgage rates for 30-year U.S. loans fell to new record low, cutting down borrowing costs for home buyers. The company said in a statement that the average rate declined to 4.57% in the week ended July 8, the lowest since it began accumulating the data in 1971. FMCC said the 15-year fixed-rate mortgage averaged 4.07%, up from 4.04% in the week earlier."
"Freddie Mac is now OTCBB 'FMCC' on the over the counter markets. The Company recently announced that shares of its common stock and the 20 classes of its preferred stock that previously were listed and traded on the New York Stock Exchange will begin trading exclusively on the over-the-counter (OTC) market beginning Thursday, July 8, 2010."
To read the entire report visit: http://www.microstockprofit.com/lp/FMCC
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