Commercial investors are watching the fall out of the Fannie and Freddie crises as much as anyone, since they have been a source of the limited capital available these days.

SOURCE: Bloomberg

Fannie Mae rose for a sixth day in New York trading, the longest streak since May 2007, after Chief Executive Officer Daniel Mudd replaced three top deputies in an effort to restore investor confidence.

Fannie and Freddie have reported $14.9 billion in net losses for the past four quarters as loan delinquencies rose.

Fannie and Freddie, created to boost homeownership, own or guarantee at least 42 percent of the $12 trillion in U.S. residential-mortgage debt outstanding. They also provide much needed capital to the commercial mortgage industry.

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