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techcharter

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techcharter

Re: None

Tuesday, 01/09/2007 10:03:07 PM

Tuesday, January 09, 2007 10:03:07 PM

Post# of 51808
FNM and FRE Stairstepping Lower

This usually happens before a significant single day drop of say... more than 5%. As mortage applications dry up FRE and FNM have les business to conduct. The quality of the present mortgage applicants probably is not the best.
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