Mortgage Stocks Mixed After Big Sell-Off

Mortgage-related stocks were mixed Monday morning after being hit hard amid Friday's 366-point, 3% decline in the Dow Jones industrial average.Countrywide, which saw its stock price slide 7% on Friday, was up 2.69%, trading at $15.64 just before 1 p.m. Monday. Washington Mutual, which fell 4% on Friday, remained down Monday morning, trading at $29.05, or 4 cents below its opening price for the day. Mortgage giants Fannie Mae and Freddie Mac also continued to trade lower. Fannie Mae's share price declined by $0.95, or 1.6%, Monday morning. Freddie Mac was down $0.22 per share, or 0.41%. Both Fannie and Freddie saw their equity value decline by 3% on Friday.