Freddie's Share Price Passes Fannie's

Freddie Mac's share price exceeded that of Fannie Mae on Monday and continued to trade above its larger rival's price in morning trading on Tuesday.Just as Freddie Mac's stock price languished when it was in the throes of an accounting scandal, the new focus on accounting practices at Fannie Mae is taking a toll on its stock. Fannie Mae shares were trading at $66.69 just before noon Tuesday, and Freddie shares were trading at $67.25. Reuters reported that this marks the first time since 1988 that Freddie Mac shares have traded at a higher price than Fannie Mae shares. Freddie Mac can be found online at http://www.freddiemac.com.