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Home » Store » Taxable » Freddie Mac’s Guarantee Fee Business, Retained Portfolio Improving Over 2004

Freddie Mac’s Guarantee Fee Business, Retained Portfolio Improving Over 2004

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Freddie Mac’s recovering MBS guaranty program posted solid revenue gains for the government-sponsored enterprise during the first nine months of 2005, although the company’s total net income lagged behind its performance during the same period last year. MBS guaranty fee income rose at an annualized rate of 8.3 percent during the third quarter, compared with a 4.0 percent rate of growth for all of last year, according to new estimates released by the GSE late…
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