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Freddie Mac posts $4.6B net income for first quarter

WASHINGTON — Mortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market. The government-controlled company has turned a profit in the past six quarters.
Freddie said Wednesday that it paid a dividend of $7 billion to the U.S. Treasury and requested no… …read more
Source: NY Post

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Posted by on May 9, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.