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Home » Store » News » Freddie Mac Takes a Pounding in Third Quarter; Forced to Pursue Capital Management Help

Freddie Mac Takes a Pounding in Third Quarter; Forced to Pursue Capital Management Help

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Freddie Mac this week announced a record net loss of $2.0 billion in the third quarter after being battered on all sides by rising credit losses and declining market values for its retained portfolio. It marked the fourth quarterly loss out of the past five...
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