New York, NY -- (ReleaseWire) -- 06/27/2013 --Federal Home Loan Mortgage Corporation (OTC:FMCC) is currently trading at $1.05. Monday's volume was a bit low around ~5.29MIL when compared to the 3-month average of 20,743,800 as the equity traded from a low of $1.62 to a high of $1.74 before closing nearly unchanged 1 cent higher to $.172. It rests between a Channel created by the 50 SMA and 20 SMA at $1.05 and $1.13 respectively. The equity is rather volatile with a Beta of 2.98. The stock had run to $4 before June, but then fell back. RSI is nearing a 50 Break at ~48, and the MACD is trending towards a Positive Break.
Freddie Mac Said to Plan Start of Mortgage Risk-Sharing Deals. The offering reflects an effort by the Federal Housing Finance Agency to reduce the role of Fannie Mae and Freddie Mac in the residential-mortgage market, where government-backed loans now account for more than 85 percent of lending.
Find out where FMCC could be trending by getting the complete trend analysis reports here:
Federal National Mortgage Association (OTC:FNMA) is currently trading at $1.20. The equity is trading sideways with little volatility the past 4 trading days as it merely ranged from $1.65 to $1.86. Volume is picking back up with today's figure being 26,543,896 so far when compared to the previous 3 trading days. The 3-Month Volume Average is 49,694,800. FNMA is also very volatile having a Beta of 3.1 according to Yahoo Finance. FNMA has been trading between the 50 SMA and 20 SMA, $1.20 to $1.75 respectively, since June 10th. This equity ran to an intra-day high of $5.50 less than a month ago before a pull-back. Accumulation still looks strong for this $9.64 BIL Market Capitalization equity who’s Next Earnings Date is August 9th.
Find out if FNMA will Bust North or South amid news that Senators may push bill to scrap mortgage firms Fannie, Freddie by getting the complete trend analysis report here:
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