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Home » Store » News » Freddie Faces Huge Credit Costs, Sharply Cuts Losses; Anticipates Higher Revenue

Freddie Faces Huge Credit Costs, Sharply Cuts Losses; Anticipates Higher Revenue

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Freddie Mac experienced a surge in credit costs in the first quarter, just as rival Fannie Mae had, but did a much better job in cutting its losses. The government-sponsored enterprise announced this week it had lost $151 million, its third consecutive...
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