Posted inBusiness

Freddie Mac to Send $3.9B to Treasury Department

MARCY GORDON, AP Business Writer WASHINGTON (AP) โ€” Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the same period of 2014, as it increased its purchases of home loans and sold off greater volumes of riskier mortgages. The April-through-June results posted Tuesday marked the government-controlled companyโ€™s […]

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